ANDRITZ AG (AZ2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AZ2 - AT0000730007 - Common Stock
69.6 EUR
-0.1 (-0.14%)
We assign a fundamental rating of 5 out of 10 to AZ2. AZ2 was compared to 114 industry peers in the Machinery industry. While AZ2 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AZ2 is valued correctly, but it does not seem to be growing. AZ2 also has an excellent dividend rating. These ratings could make AZ2 a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
AZ2 had positive earnings in the past year.
In the past year AZ2 had a positive cash flow from operations.
In the past 5 years AZ2 has always been profitable.
In the past 5 years AZ2 always reported a positive cash flow from operatings.
1.2 Ratios
AZ2 has a better Return On Assets (5.55%) than 73.68% of its industry peers.
AZ2 has a better Return On Equity (19.97%) than 85.96% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.84%, AZ2 belongs to the top of the industry, outperforming 85.96% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AZ2 is above the industry average of 9.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.55% | ||
| ROE | 19.97% | ||
| ROIC | 12.84% |
ROA(3y)5.64%
ROA(5y)4.82%
ROE(3y)22.46%
ROE(5y)20.91%
ROIC(3y)13.75%
ROIC(5y)11.75%
1.3 Margins
With a decent Profit Margin value of 5.84%, AZ2 is doing good in the industry, outperforming 62.28% of the companies in the same industry.
In the last couple of years the Profit Margin of AZ2 has grown nicely.
AZ2 has a Operating Margin of 7.53%. This is comparable to the rest of the industry: AZ2 outperforms 59.65% of its industry peers.
AZ2's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 51.89%, AZ2 is doing good in the industry, outperforming 68.42% of the companies in the same industry.
AZ2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.53% | ||
| PM (TTM) | 5.84% | ||
| GM | 51.89% |
OM growth 3Y3.96%
OM growth 5Y14.56%
PM growth 3Y5.84%
PM growth 5Y25.54%
GM growth 3Y0.42%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AZ2 is creating value.
Compared to 1 year ago, AZ2 has less shares outstanding
The number of shares outstanding for AZ2 has been reduced compared to 5 years ago.
The debt/assets ratio for AZ2 has been reduced compared to a year ago.
2.2 Solvency
AZ2 has an Altman-Z score of 2.45. This is not the best score and indicates that AZ2 is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.45, AZ2 perfoms like the industry average, outperforming 56.14% of the companies in the same industry.
AZ2 has a debt to FCF ratio of 2.38. This is a good value and a sign of high solvency as AZ2 would need 2.38 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.38, AZ2 is in the better half of the industry, outperforming 75.44% of the companies in the same industry.
AZ2 has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
AZ2's Debt to Equity ratio of 0.21 is fine compared to the rest of the industry. AZ2 outperforms 64.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.81
WACC7.1%
2.3 Liquidity
AZ2 has a Current Ratio of 1.11. This is a normal value and indicates that AZ2 is financially healthy and should not expect problems in meeting its short term obligations.
AZ2 has a Current ratio of 1.11. This is in the lower half of the industry: AZ2 underperforms 76.32% of its industry peers.
A Quick Ratio of 0.84 indicates that AZ2 may have some problems paying its short term obligations.
AZ2 has a Quick ratio of 0.84. This is in the lower half of the industry: AZ2 underperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for AZ2 have decreased by -7.36% in the last year.
AZ2 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.53% yearly.
Looking at the last year, AZ2 shows a decrease in Revenue. The Revenue has decreased by -7.68% in the last year.
The Revenue has been growing slightly by 4.49% on average over the past years.
EPS 1Y (TTM)-7.36%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-4.2%
Revenue 1Y (TTM)-7.68%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-7.57%
3.2 Future
The Earnings Per Share is expected to grow by 6.84% on average over the next years.
Based on estimates for the next years, AZ2 will show a small growth in Revenue. The Revenue will grow by 4.81% on average per year.
EPS Next Y-4.79%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
EPS Next 5Y6.84%
Revenue Next Year-5.29%
Revenue Next 2Y1.82%
Revenue Next 3Y3.34%
Revenue Next 5Y4.81%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.94, AZ2 is valued correctly.
Based on the Price/Earnings ratio, AZ2 is valued a bit cheaper than the industry average as 78.95% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AZ2 to the average of the S&P500 Index (27.30), we can say AZ2 is valued slightly cheaper.
The Price/Forward Earnings ratio is 12.31, which indicates a correct valuation of AZ2.
Based on the Price/Forward Earnings ratio, AZ2 is valued a bit cheaper than the industry average as 71.05% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, AZ2 is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.94 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
AZ2's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AZ2 is cheaper than 66.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AZ2 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.2 | ||
| EV/EBITDA | 8.07 |
4.3 Compensation for Growth
AZ2 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y6.35%
EPS Next 3Y8.21%
5. Dividend
5.1 Amount
AZ2 has a Yearly Dividend Yield of 4.26%, which is a nice return.
AZ2's Dividend Yield is rather good when compared to the industry average which is at 1.55. AZ2 pays more dividend than 92.98% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, AZ2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
On average, the dividend of AZ2 grows each year by 10.14%, which is quite nice.
Dividend Growth(5Y)10.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
AZ2 pays out 55.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of AZ2 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP55.55%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
FRA:AZ2 (1/13/2026, 7:00:00 PM)
69.6
-0.1 (-0.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners31.57%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap7.24B
Revenue(TTM)7.82B
Net Income(TTM)456.90M
Analysts84.62
Price Target71.44 (2.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.53
Dividend Growth(5Y)10.14%
DP55.55%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.65%
Min EPS beat(2)-6.4%
Max EPS beat(2)-2.9%
EPS beat(4)1
Avg EPS beat(4)-3.37%
Min EPS beat(4)-7.74%
Max EPS beat(4)3.55%
EPS beat(8)2
Avg EPS beat(8)-3.46%
EPS beat(12)5
Avg EPS beat(12)0.61%
EPS beat(16)7
Avg EPS beat(16)0.02%
Revenue beat(2)0
Avg Revenue beat(2)-4.13%
Min Revenue beat(2)-4.94%
Max Revenue beat(2)-3.31%
Revenue beat(4)0
Avg Revenue beat(4)-4.59%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-3.31%
Revenue beat(8)1
Avg Revenue beat(8)-3.44%
Revenue beat(12)5
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)0.36%
PT rev (1m)0%
PT rev (3m)-0.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.94 | ||
| Fwd PE | 12.31 | ||
| P/S | 0.93 | ||
| P/FCF | 21.2 | ||
| P/OCF | 13.27 | ||
| P/B | 3.16 | ||
| P/tB | 6.71 | ||
| EV/EBITDA | 8.07 |
EPS(TTM)4.66
EY6.7%
EPS(NY)5.66
Fwd EY8.13%
FCF(TTM)3.28
FCFY4.72%
OCF(TTM)5.24
OCFY7.53%
SpS75.23
BVpS22
TBVpS10.37
PEG (NY)N/A
PEG (5Y)0.47
Graham Number48.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.55% | ||
| ROE | 19.97% | ||
| ROCE | 17.11% | ||
| ROIC | 12.84% | ||
| ROICexc | 19.12% | ||
| ROICexgc | 40.04% | ||
| OM | 7.53% | ||
| PM (TTM) | 5.84% | ||
| GM | 51.89% | ||
| FCFM | 4.36% |
ROA(3y)5.64%
ROA(5y)4.82%
ROE(3y)22.46%
ROE(5y)20.91%
ROIC(3y)13.75%
ROIC(5y)11.75%
ROICexc(3y)27.92%
ROICexc(5y)23.65%
ROICexgc(3y)67%
ROICexgc(5y)55.73%
ROCE(3y)18.46%
ROCE(5y)15.74%
ROICexgc growth 3Y1.37%
ROICexgc growth 5Y14.82%
ROICexc growth 3Y6.72%
ROICexc growth 5Y18.35%
OM growth 3Y3.96%
OM growth 5Y14.56%
PM growth 3Y5.84%
PM growth 5Y25.54%
GM growth 3Y0.42%
GM growth 5Y-0.28%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.38 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 84.54% | ||
| Cap/Sales | 2.61% | ||
| Interest Coverage | 17.24 | ||
| Cash Conversion | 65.65% | ||
| Profit Quality | 74.72% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 2.45 |
F-Score6
WACC7.1%
ROIC/WACC1.81
Cap/Depr(3y)72.22%
Cap/Depr(5y)59.44%
Cap/Sales(3y)2.06%
Cap/Sales(5y)1.84%
Profit Quality(3y)89.01%
Profit Quality(5y)115.27%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.36%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-4.2%
EPS Next Y-4.79%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
EPS Next 5Y6.84%
Revenue 1Y (TTM)-7.68%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-7.57%
Revenue Next Year-5.29%
Revenue Next 2Y1.82%
Revenue Next 3Y3.34%
Revenue Next 5Y4.81%
EBIT growth 1Y-14.61%
EBIT growth 3Y13.07%
EBIT growth 5Y19.71%
EBIT Next Year24.56%
EBIT Next 3Y15.75%
EBIT Next 5Y12.61%
FCF growth 1Y88.93%
FCF growth 3Y2.58%
FCF growth 5Y-8.28%
OCF growth 1Y58.96%
OCF growth 3Y6.07%
OCF growth 5Y-5.06%
ANDRITZ AG / AZ2.DE FAQ
Can you provide the ChartMill fundamental rating for ANDRITZ AG?
ChartMill assigns a fundamental rating of 5 / 10 to AZ2.DE.
What is the valuation status of ANDRITZ AG (AZ2.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to ANDRITZ AG (AZ2.DE). This can be considered as Fairly Valued.
What is the profitability of AZ2 stock?
ANDRITZ AG (AZ2.DE) has a profitability rating of 7 / 10.
How financially healthy is ANDRITZ AG?
The financial health rating of ANDRITZ AG (AZ2.DE) is 5 / 10.
Is the dividend of ANDRITZ AG sustainable?
The dividend rating of ANDRITZ AG (AZ2.DE) is 7 / 10 and the dividend payout ratio is 55.55%.