AMERICAN AXLE & MFG HOLDINGS (AXL)
US0240611030 - Common Stock
Taking everything into account, AXL scores 3 out of 10 in our fundamental rating. AXL was compared to 82 industry peers in the Automobile Components industry. AXL may be in some trouble as it scores bad on both profitability and health. AXL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AXL had positive earnings in the past year.
AXL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AXL reported negative net income in multiple years.
Each year in the past 5 years AXL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AXL (0.52%) is worse than 73.17% of its industry peers.
With a Return On Equity value of 4.53%, AXL is not doing good in the industry: 69.51% of the companies in the same industry are doing better.
The Return On Invested Capital of AXL (5.18%) is worse than 75.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AXL is below the industry average of 9.42%.
The last Return On Invested Capital (5.18%) for AXL is above the 3 year average (4.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.52% | ||
| ROE | 4.53% | ||
| ROIC | 5.18% |
ROA(3y)0.2%
ROA(5y)-3.24%
ROE(3y)1.84%
ROE(5y)-39.11%
ROIC(3y)4.46%
ROIC(5y)4.5%
1.3 Margins
With a Profit Margin value of 0.45%, AXL is not doing good in the industry: 74.39% of the companies in the same industry are doing better.
AXL's Operating Margin of 4.26% is on the low side compared to the rest of the industry. AXL is outperformed by 73.17% of its industry peers.
In the last couple of years the Operating Margin of AXL has declined.
AXL's Gross Margin of 11.95% is on the low side compared to the rest of the industry. AXL is outperformed by 85.37% of its industry peers.
In the last couple of years the Gross Margin of AXL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.26% | ||
| PM (TTM) | 0.45% | ||
| GM | 11.95% |
OM growth 3Y-9.93%
OM growth 5Y-20.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-8.12%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AXL is destroying value.
The number of shares outstanding for AXL has been increased compared to 1 year ago.
Compared to 5 years ago, AXL has more shares outstanding
AXL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.54, we must say that AXL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.54, AXL is doing worse than 80.49% of the companies in the same industry.
The Debt to FCF ratio of AXL is 20.78, which is on the high side as it means it would take AXL, 20.78 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AXL (20.78) is worse than 76.83% of its industry peers.
A Debt/Equity ratio of 4.28 is on the high side and indicates that AXL has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.28, AXL is doing worse than 91.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.28 | ||
| Debt/FCF | 20.78 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.73
WACC7.09%
2.3 Liquidity
A Current Ratio of 1.65 indicates that AXL should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.65, AXL is doing worse than 80.49% of the companies in the same industry.
A Quick Ratio of 1.29 indicates that AXL should not have too much problems paying its short term obligations.
AXL's Quick ratio of 1.29 is fine compared to the rest of the industry. AXL outperforms 76.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
AXL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 785.71%, which is quite impressive.
AXL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.29%.
AXL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.51% yearly.
EPS 1Y (TTM)785.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%281.82%
Revenue 1Y (TTM)3.29%
Revenue growth 3Y8.87%
Revenue growth 5Y-3.51%
Sales Q2Q%-3.03%
3.2 Future
The Earnings Per Share is expected to grow by 117.04% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -0.26% on average over the next years.
EPS Next Y591.29%
EPS Next 2Y172.24%
EPS Next 3Y117.04%
EPS Next 5YN/A
Revenue Next Year1.38%
Revenue Next 2Y-0.97%
Revenue Next 3Y-0.26%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.04 indicates a correct valuation of AXL.
The rest of the industry has a similar Price/Earnings ratio as AXL.
Compared to an average S&P500 Price/Earnings ratio of 27.73, AXL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.87, the valuation of AXL can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as AXL.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, AXL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.04 | ||
| Fwd PE | 11.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AXL is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
79.27% of the companies in the same industry are more expensive than AXL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.27 | ||
| EV/EBITDA | 3.82 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AXL's earnings are expected to grow with 117.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y172.24%
EPS Next 3Y117.04%
5. Dividend
5.1 Amount
AXL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AMERICAN AXLE & MFG HOLDINGS
NYSE:AXL (12/20/2024, 8:04:00 PM)
After market: 5.78 0 (0%)5.78
-0.11 (-1.87%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners95.06%
Inst Owner Change1.26%
Ins Owners3.2%
Ins Owner Change0%
Market Cap679.61M
Analysts67.69
Price Target7.5 (29.76%)
Short Float %4.02%
Short Ratio2.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)287.65%
Min EPS beat(2)71.19%
Max EPS beat(2)504.12%
EPS beat(4)4
Avg EPS beat(4)349.65%
Min EPS beat(4)53.93%
Max EPS beat(4)769.36%
EPS beat(8)6
Avg EPS beat(8)-12.15%
EPS beat(12)9
Avg EPS beat(12)23.23%
EPS beat(16)13
Avg EPS beat(16)246.31%
Revenue beat(2)1
Avg Revenue beat(2)0.58%
Min Revenue beat(2)-0.93%
Max Revenue beat(2)2.08%
Revenue beat(4)3
Avg Revenue beat(4)1.86%
Min Revenue beat(4)-0.93%
Max Revenue beat(4)4.34%
Revenue beat(8)4
Avg Revenue beat(8)0.86%
Revenue beat(12)7
Avg Revenue beat(12)1.29%
Revenue beat(16)11
Avg Revenue beat(16)2.47%
PT rev (1m)3.87%
PT rev (3m)-5.5%
EPS NQ rev (1m)-457.21%
EPS NQ rev (3m)-457.21%
EPS NY rev (1m)53.34%
EPS NY rev (3m)41.05%
Revenue NQ rev (1m)-6.99%
Revenue NQ rev (3m)-6.99%
Revenue NY rev (1m)-0.93%
Revenue NY rev (3m)-1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.04 | ||
| Fwd PE | 11.87 | ||
| P/S | 0.11 | ||
| P/FCF | 5.27 | ||
| P/OCF | 1.9 | ||
| P/B | 1.1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.82 |
EPS(TTM)0.48
EY8.3%
EPS(NY)0.49
Fwd EY8.43%
FCF(TTM)1.1
FCFY18.98%
OCF(TTM)3.04
OCFY52.54%
SpS52.79
BVpS5.24
TBVpS-0.3
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.52% | ||
| ROE | 4.53% | ||
| ROCE | 6.56% | ||
| ROIC | 5.18% | ||
| ROICexc | 5.99% | ||
| ROICexgc | 7.36% | ||
| OM | 4.26% | ||
| PM (TTM) | 0.45% | ||
| GM | 11.95% | ||
| FCFM | 2.08% |
ROA(3y)0.2%
ROA(5y)-3.24%
ROE(3y)1.84%
ROE(5y)-39.11%
ROIC(3y)4.46%
ROIC(5y)4.5%
ROICexc(3y)5.06%
ROICexc(5y)5.07%
ROICexgc(3y)6.41%
ROICexgc(5y)6.67%
ROCE(3y)5.64%
ROCE(5y)5.7%
ROICexcg growth 3Y3.3%
ROICexcg growth 5Y-21.01%
ROICexc growth 3Y4.35%
ROICexc growth 5Y-16.35%
OM growth 3Y-9.93%
OM growth 5Y-20.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-8.12%
F-Score8
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.28 | ||
| Debt/FCF | 20.78 | ||
| Debt/EBITDA | 3.56 | ||
| Cap/Depr | 47.95% | ||
| Cap/Sales | 3.67% | ||
| Interest Coverage | 1.38 | ||
| Cash Conversion | 48.23% | ||
| Profit Quality | 462.37% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 1.54 |
F-Score8
WACC7.09%
ROIC/WACC0.73
Cap/Depr(3y)36.44%
Cap/Depr(5y)46.3%
Cap/Sales(3y)3.26%
Cap/Sales(5y)4.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)785.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%281.82%
EPS Next Y591.29%
EPS Next 2Y172.24%
EPS Next 3Y117.04%
EPS Next 5YN/A
Revenue 1Y (TTM)3.29%
Revenue growth 3Y8.87%
Revenue growth 5Y-3.51%
Sales Q2Q%-3.03%
Revenue Next Year1.38%
Revenue Next 2Y-0.97%
Revenue Next 3Y-0.26%
Revenue Next 5YN/A
EBIT growth 1Y38.3%
EBIT growth 3Y-1.94%
EBIT growth 5Y-23.49%
EBIT Next Year373.1%
EBIT Next 3Y66.89%
EBIT Next 5YN/A
FCF growth 1Y-41.23%
FCF growth 3Y-5.86%
FCF growth 5Y-4.14%
OCF growth 1Y-11.35%
OCF growth 3Y-4.49%
OCF growth 5Y-12.48%