ANDRITZ AG (AZ2.DE) Stock Fundamental Analysis

FRA:AZ2 • AT0000730007

72.7 EUR
-0.45 (-0.62%)
Last: Feb 23, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

Taking everything into account, AZ2 scores 6 out of 10 in our fundamental rating. AZ2 was compared to 109 industry peers in the Machinery industry. AZ2 scores excellent on profitability, but there are some minor concerns on its financial health. AZ2 has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally AZ2 also has an excellent dividend rating. These ratings could make AZ2 a good candidate for dividend investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • AZ2 had positive earnings in the past year.
  • AZ2 had a positive operating cash flow in the past year.
  • Each year in the past 5 years AZ2 has been profitable.
  • Each year in the past 5 years AZ2 had a positive operating cash flow.
AZ2.DE Yearly Net Income VS EBIT VS OCF VS FCFAZ2.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

1.2 Ratios

  • The Return On Assets of AZ2 (5.55%) is better than 75.23% of its industry peers.
  • AZ2 has a Return On Equity of 19.97%. This is amongst the best in the industry. AZ2 outperforms 87.16% of its industry peers.
  • AZ2 has a Return On Invested Capital of 12.84%. This is amongst the best in the industry. AZ2 outperforms 87.16% of its industry peers.
  • AZ2 had an Average Return On Invested Capital over the past 3 years of 13.75%. This is above the industry average of 8.82%.
Industry RankSector 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%
AZ2.DE Yearly ROA, ROE, ROICAZ2.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • AZ2 has a Profit Margin of 5.84%. This is in the better half of the industry: AZ2 outperforms 65.14% of its industry peers.
  • AZ2's Profit Margin has improved in the last couple of years.
  • The Operating Margin of AZ2 (7.53%) is better than 62.39% of its industry peers.
  • AZ2's Operating Margin has improved in the last couple of years.
  • AZ2 has a Gross Margin of 51.89%. This is in the better half of the industry: AZ2 outperforms 69.72% of its industry peers.
  • In the last couple of years the Gross Margin of AZ2 has remained more or less at the same level.
Industry RankSector 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%
AZ2.DE Yearly Profit, Operating, Gross MarginsAZ2.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • AZ2 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • AZ2 has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, AZ2 has less shares outstanding
  • The debt/assets ratio for AZ2 has been reduced compared to a year ago.
AZ2.DE Yearly Shares OutstandingAZ2.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
AZ2.DE Yearly Total Debt VS Total AssetsAZ2.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 2.48 indicates that AZ2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of AZ2 (2.48) is comparable to the rest of the 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.
  • With a decent Debt to FCF ratio value of 2.38, AZ2 is doing good in the industry, outperforming 76.15% 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 has a Debt to Equity ratio of 0.21. This is in the better half of the industry: AZ2 outperforms 62.39% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF 2.38
Altman-Z 2.48
ROIC/WACC1.79
WACC7.17%
AZ2.DE Yearly LT Debt VS Equity VS FCFAZ2.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.11 indicates that AZ2 should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.11, AZ2 is not doing good in the industry: 77.98% of the companies in the same industry are doing better.
  • AZ2 has a Quick Ratio of 1.11. This is a bad value and indicates that AZ2 is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.84, AZ2 is doing worse than 62.39% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 0.84
AZ2.DE Yearly Current Assets VS Current LiabilitesAZ2.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • AZ2 shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.36%.
  • AZ2 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.53% yearly.
  • AZ2 shows a decrease in Revenue. In the last year, the revenue decreased by -7.68%.
  • 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

  • Based on estimates for the next years, AZ2 will show a small growth in Earnings Per Share. The EPS will grow by 6.84% on average per year.
  • AZ2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.81% yearly.
EPS Next Y-4.79%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
EPS Next 5Y6.84%
Revenue Next Year-5.77%
Revenue Next 2Y0.37%
Revenue Next 3Y2.62%
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.
AZ2.DE Yearly Revenue VS EstimatesAZ2.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B 10B
AZ2.DE Yearly EPS VS EstimatesAZ2.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • AZ2 is valuated correctly with a Price/Earnings ratio of 15.60.
  • AZ2's Price/Earnings ratio is rather cheap when compared to the industry. AZ2 is cheaper than 81.65% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.64, AZ2 is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 12.85, which indicates a correct valuation of AZ2.
  • 71.56% of the companies in the same industry are more expensive than AZ2, based on the Price/Forward Earnings ratio.
  • AZ2's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.75.
Industry RankSector Rank
PE 15.6
Fwd PE 12.85
AZ2.DE Price Earnings VS Forward Price EarningsAZ2.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AZ2 indicates a somewhat cheap valuation: AZ2 is cheaper than 64.22% of the companies listed in the same industry.
  • AZ2's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 22.15
EV/EBITDA 8.44
AZ2.DE Per share dataAZ2.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • AZ2 has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2Y6.35%
EPS Next 3Y8.21%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • AZ2 has a Yearly Dividend Yield of 4.26%, which is a nice return.
  • Compared to an average industry Dividend Yield of 1.42, AZ2 pays a better dividend. On top of this AZ2 pays more dividend than 94.50% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, AZ2 pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.26%

5.2 History

  • The dividend of AZ2 is nicely growing with an annual growth rate of 10.14%!
Dividend Growth(5Y)10.14%
Div Incr Years4
Div Non Decr Years4
AZ2.DE Yearly Dividends per shareAZ2.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

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.
  • AZ2's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.55%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
AZ2.DE Yearly Income VS Free CF VS DividendAZ2.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M
AZ2.DE Dividend Payout.AZ2.DE Dividend Payout, showing the Payout Ratio.AZ2.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ANDRITZ AG

FRA:AZ2 (2/23/2026, 7:00:00 PM)

72.7

-0.45 (-0.62%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-30
Earnings (Next)03-11
Inst Owners31.57%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap7.56B
Revenue(TTM)7.82B
Net Income(TTM)456.90M
Analysts84.62
Price Target75.66 (4.07%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)5.91%
PT rev (3m)4.81%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)-0.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.49%
Revenue NQ rev (1m)-4.06%
Revenue NQ rev (3m)-4.06%
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)-0.41%
Valuation
Industry RankSector Rank
PE 15.6
Fwd PE 12.85
P/S 0.97
P/FCF 22.15
P/OCF 13.86
P/B 3.31
P/tB 7.01
EV/EBITDA 8.44
EPS(TTM)4.66
EY6.41%
EPS(NY)5.66
Fwd EY7.78%
FCF(TTM)3.28
FCFY4.52%
OCF(TTM)5.24
OCFY7.21%
SpS75.23
BVpS22
TBVpS10.37
PEG (NY)N/A
PEG (5Y)0.49
Graham Number48.02
Profitability
Industry RankSector 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 RankSector 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 2.48
F-Score6
WACC7.17%
ROIC/WACC1.79
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-5.77%
Revenue Next 2Y0.37%
Revenue Next 3Y2.62%
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 6 / 10 to AZ2.DE.


What is the valuation status of ANDRITZ AG (AZ2.DE) stock?

ChartMill assigns a valuation rating of 5 / 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 8 / 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%.