ANDRITZ AG (AZ2.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:AZ2 • AT0000730007
72.7 EUR
0 (0%)
Last: Jan 30, 2026, 07:00 PM
AZ2 gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 111 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. AZ2 also has an excellent dividend rating. This makes AZ2 very considerable 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.
- Each year in the past 5 years AZ2 had a positive operating cash flow.
1.2 Ratios
- AZ2's Return On Assets of 5.55% is fine compared to the rest of the industry. AZ2 outperforms 72.07% of its industry peers.
- AZ2 has a Return On Equity of 19.97%. This is amongst the best in the industry. AZ2 outperforms 85.59% of its industry peers.
- The Return On Invested Capital of AZ2 (12.84%) is better than 85.59% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for AZ2 is above the industry average of 9.21%.
| 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
- AZ2's Profit Margin of 5.84% is fine compared to the rest of the industry. AZ2 outperforms 63.06% of its industry peers.
- In the last couple of years the Profit Margin of AZ2 has grown nicely.
- Looking at the Operating Margin, with a value of 7.53%, AZ2 is in the better half of the industry, outperforming 60.36% of the companies in the same industry.
- In the last couple of years the Operating Margin of AZ2 has grown nicely.
- The Gross Margin of AZ2 (51.89%) is better than 68.47% 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 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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
- 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.
- AZ2 has a Altman-Z score (2.48) which is in line with its industry peers.
- The Debt to FCF ratio of AZ2 is 2.38, which is a good value as it means it would take AZ2, 2.38 years of fcf income to pay off all of its debts.
- AZ2 has a better Debt to FCF ratio (2.38) than 75.68% of its industry peers.
- A Debt/Equity ratio of 0.21 indicates that AZ2 is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.21, AZ2 is in the better half of the industry, outperforming 65.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | 2.48 |
ROIC/WACC1.77
WACC7.27%
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 76.58% of its industry peers.
- A Quick Ratio of 0.84 indicates that AZ2 may have some problems paying its short term obligations.
- The Quick ratio of AZ2 (0.84) is worse than 63.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 |
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.
- The Revenue has decreased by -7.68% in the past 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.
- 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-5.29%
Revenue Next 2Y1.82%
Revenue Next 3Y3.34%
Revenue Next 5Y4.81%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 15.60 indicates a correct valuation of AZ2.
- Compared to the rest of the industry, the Price/Earnings ratio of AZ2 indicates a somewhat cheap valuation: AZ2 is cheaper than 78.38% of the companies listed in the same industry.
- AZ2's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.30.
- AZ2 is valuated correctly with a Price/Forward Earnings ratio of 12.85.
- Based on the Price/Forward Earnings ratio, AZ2 is valued a bit cheaper than 67.57% of the companies in the same industry.
- AZ2 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 12.85 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AZ2 is valued a bit cheaper than 65.77% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as AZ2.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.15 | ||
| EV/EBITDA | 8.44 |
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%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.26%, AZ2 is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.48, AZ2 pays a better dividend. On top of this AZ2 pays more dividend than 94.59% of the companies listed in the same industry.
- AZ2's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| 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
- 55.55% of the earnings are spent on dividend by AZ2. 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%
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%.