ANDRITZ AG (AZ2.DE) Fundamental Analysis & Valuation
FRA:AZ2 • AT0000730007
Current stock price
64.1 EUR
+3.9 (+6.48%)
Last:
This AZ2.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. AZ2.DE Profitability Analysis
1.1 Basic Checks
- In the past year AZ2 was profitable.
- In the past year AZ2 had a positive cash flow from operations.
- 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.
1.2 Ratios
- AZ2 has a Return On Assets of 5.30%. This is in the better half of the industry: AZ2 outperforms 71.70% of its industry peers.
- AZ2's Return On Equity of 18.61% is amongst the best of the industry. AZ2 outperforms 89.62% of its industry peers.
- With an excellent Return On Invested Capital value of 11.98%, AZ2 belongs to the best of the industry, outperforming 87.74% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AZ2 is significantly above the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.3% | ||
| ROE | 18.61% | ||
| ROIC | 11.98% |
ROA(3y)5.8%
ROA(5y)5.29%
ROE(3y)21.28%
ROE(5y)21.33%
ROIC(3y)14.05%
ROIC(5y)12.94%
1.3 Margins
- The Profit Margin of AZ2 (5.79%) is better than 67.92% 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 7.39%, AZ2 is in the better half of the industry, outperforming 62.26% of the companies in the same industry.
- AZ2's Operating Margin has improved in the last couple of years.
- AZ2 has a better Gross Margin (51.15%) than 67.92% of its industry peers.
- In the last couple of years the Gross Margin of AZ2 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.39% | ||
| PM (TTM) | 5.79% | ||
| GM | 51.15% |
OM growth 3Y1.41%
OM growth 5Y8.77%
PM growth 3Y2.15%
PM growth 5Y13.36%
GM growth 3Y2.2%
GM growth 5Y2.42%
2. AZ2.DE Health Analysis
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.
- Compared to 1 year ago, AZ2 has more shares outstanding
- Compared to 5 years ago, AZ2 has less shares outstanding
- Compared to 1 year ago, AZ2 has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.34 indicates that AZ2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
- AZ2 has a Altman-Z score of 2.34. This is comparable to the rest of the industry: AZ2 outperforms 58.49% of its industry peers.
- AZ2 has a debt to FCF ratio of 1.75. This is a very positive value and a sign of high solvency as it would only need 1.75 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 1.75, AZ2 belongs to the best of the industry, outperforming 84.91% of the companies in the same industry.
- A Debt/Equity ratio of 0.23 indicates that AZ2 is not too dependend on debt financing.
- AZ2's Debt to Equity ratio of 0.23 is fine compared to the rest of the industry. AZ2 outperforms 61.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.75 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.66
WACC7.23%
2.3 Liquidity
- A Current Ratio of 1.13 indicates that AZ2 should not have too much problems paying its short term obligations.
- AZ2 has a Current ratio of 1.13. This is in the lower half of the industry: AZ2 underperforms 77.36% of its industry peers.
- A Quick Ratio of 0.88 indicates that AZ2 may have some problems paying its short term obligations.
- The Quick ratio of AZ2 (0.88) is worse than 60.38% of its industry peers.
- AZ2 does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.88 |
3. AZ2.DE Growth Analysis
3.1 Past
- The earnings per share for AZ2 have decreased by -7.00% in the last year.
- Measured over the past years, AZ2 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.46% on average per year.
- The Revenue has decreased by -5.18% in the past year.
- The Revenue has been growing slightly by 3.31% on average over the past years.
EPS 1Y (TTM)-7%
EPS 3Y3.95%
EPS 5Y17.46%
EPS Q2Q%-0.64%
Revenue 1Y (TTM)-5.18%
Revenue growth 3Y1.48%
Revenue growth 5Y3.31%
Sales Q2Q%2.59%
3.2 Future
- Based on estimates for the next years, AZ2 will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.90% on average per year.
- AZ2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.77% yearly.
EPS Next Y20.71%
EPS Next 2Y16.07%
EPS Next 3Y11.9%
EPS Next 5YN/A
Revenue Next Year4.85%
Revenue Next 2Y5.66%
Revenue Next 3Y5.78%
Revenue Next 5Y6.77%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 accelerating.
4. AZ2.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 13.78 indicates a correct valuation of AZ2.
- Based on the Price/Earnings ratio, AZ2 is valued a bit cheaper than 79.25% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.91. AZ2 is valued slightly cheaper when compared to this.
- AZ2 is valuated reasonably with a Price/Forward Earnings ratio of 11.42.
- Based on the Price/Forward Earnings ratio, AZ2 is valued a bit cheaper than 77.36% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, AZ2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.78 | ||
| Fwd PE | 11.42 |
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 67.92% of the companies listed in the same industry.
- AZ2's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AZ2 is cheaper than 66.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.66 | ||
| EV/EBITDA | 6.81 |
4.3 Compensation for Growth
- AZ2's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- AZ2 has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.67
PEG (5Y)0.79
EPS Next 2Y16.07%
EPS Next 3Y11.9%
5. AZ2.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.26%, AZ2 is a good candidate for dividend investing.
- AZ2's Dividend Yield is rather good when compared to the industry average which is at 1.64. AZ2 pays more dividend than 95.28% of the companies in the same industry.
- AZ2's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
- On average, the dividend of AZ2 grows each year by 39.05%, which is quite nice.
Dividend Growth(5Y)39.05%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 55.62% of the earnings are spent on dividend by AZ2. 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.
DP55.62%
EPS Next 2Y16.07%
EPS Next 3Y11.9%
AZ2.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:AZ2 (4/8/2026, 7:00:00 PM)
64.1
+3.9 (+6.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-05 2026-03-05/dmh
Earnings (Next)04-29 2026-04-29
Inst Owners31.64%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap6.67B
Revenue(TTM)7.88B
Net Income(TTM)456.30M
Analysts81.67
Price Target79.14 (23.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.6
Dividend Growth(5Y)39.05%
DP55.62%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.68%
Min EPS beat(2)-2.9%
Max EPS beat(2)-2.46%
EPS beat(4)0
Avg EPS beat(4)-4.87%
Min EPS beat(4)-7.74%
Max EPS beat(4)-2.46%
EPS beat(8)1
Avg EPS beat(8)-4.33%
EPS beat(12)5
Avg EPS beat(12)1%
EPS beat(16)7
Avg EPS beat(16)-0.11%
Revenue beat(2)0
Avg Revenue beat(2)-3.58%
Min Revenue beat(2)-4.94%
Max Revenue beat(2)-2.22%
Revenue beat(4)0
Avg Revenue beat(4)-3.6%
Min Revenue beat(4)-4.94%
Max Revenue beat(4)-2.22%
Revenue beat(8)0
Avg Revenue beat(8)-4.11%
Revenue beat(12)4
Avg Revenue beat(12)-0.82%
Revenue beat(16)7
Avg Revenue beat(16)0.36%
PT rev (1m)0%
PT rev (3m)10.78%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.08%
Revenue NY rev (3m)-5.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.78 | ||
| Fwd PE | 11.42 | ||
| P/S | 0.85 | ||
| P/FCF | 14.66 | ||
| P/OCF | 10.21 | ||
| P/B | 2.72 | ||
| P/tB | 6.2 | ||
| EV/EBITDA | 6.81 |
EPS(TTM)4.65
EY7.25%
EPS(NY)5.61
Fwd EY8.76%
FCF(TTM)4.37
FCFY6.82%
OCF(TTM)6.28
OCFY9.79%
SpS75.8
BVpS23.57
TBVpS10.34
PEG (NY)0.67
PEG (5Y)0.79
Graham Number49.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.3% | ||
| ROE | 18.61% | ||
| ROCE | 15.66% | ||
| ROIC | 11.98% | ||
| ROICexc | 19.05% | ||
| ROICexgc | 46.24% | ||
| OM | 7.39% | ||
| PM (TTM) | 5.79% | ||
| GM | 51.15% | ||
| FCFM | 5.77% |
ROA(3y)5.8%
ROA(5y)5.29%
ROE(3y)21.28%
ROE(5y)21.33%
ROIC(3y)14.05%
ROIC(5y)12.94%
ROICexc(3y)24.88%
ROICexc(5y)24.99%
ROICexgc(3y)53.76%
ROICexgc(5y)58.89%
ROCE(3y)18.55%
ROCE(5y)17.03%
ROICexgc growth 3Y-20.87%
ROICexgc growth 5Y5.61%
ROICexc growth 3Y-13.93%
ROICexc growth 5Y5.31%
OM growth 3Y1.41%
OM growth 5Y8.77%
PM growth 3Y2.15%
PM growth 5Y13.36%
GM growth 3Y2.2%
GM growth 5Y2.42%
F-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.75 | ||
| Debt/EBITDA | 0.68 | ||
| Cap/Depr | 82.34% | ||
| Cap/Sales | 2.51% | ||
| Interest Coverage | 16.06 | ||
| Cash Conversion | 79.28% | ||
| Profit Quality | 99.65% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 2.34 |
F-Score4
WACC7.23%
ROIC/WACC1.66
Cap/Depr(3y)79.22%
Cap/Depr(5y)69.04%
Cap/Sales(3y)2.21%
Cap/Sales(5y)2.08%
Profit Quality(3y)77%
Profit Quality(5y)99.14%
High Growth Momentum
Growth
EPS 1Y (TTM)-7%
EPS 3Y3.95%
EPS 5Y17.46%
EPS Q2Q%-0.64%
EPS Next Y20.71%
EPS Next 2Y16.07%
EPS Next 3Y11.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.18%
Revenue growth 3Y1.48%
Revenue growth 5Y3.31%
Sales Q2Q%2.59%
Revenue Next Year4.85%
Revenue Next 2Y5.66%
Revenue Next 3Y5.78%
Revenue Next 5Y6.77%
EBIT growth 1Y-11.95%
EBIT growth 3Y2.91%
EBIT growth 5Y12.37%
EBIT Next Year49.88%
EBIT Next 3Y20.62%
EBIT Next 5YN/A
FCF growth 1Y0.31%
FCF growth 3Y-6.47%
FCF growth 5Y4.02%
OCF growth 1Y3.16%
OCF growth 3Y-2.8%
OCF growth 5Y7.19%
ANDRITZ AG / AZ2.DE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for ANDRITZ AG?
ChartMill assigns a fundamental rating of 7 / 10 to AZ2.DE.
What is the valuation status of ANDRITZ AG (AZ2.DE) stock?
ChartMill assigns a valuation rating of 7 / 10 to ANDRITZ AG (AZ2.DE). This can be considered as Undervalued.
How profitable is ANDRITZ AG (AZ2.DE) stock?
ANDRITZ AG (AZ2.DE) has a profitability rating of 8 / 10.
Can you provide the financial health for AZ2 stock?
The financial health rating of ANDRITZ AG (AZ2.DE) is 7 / 10.
Can you provide the expected EPS growth for AZ2 stock?
The Earnings per Share (EPS) of ANDRITZ AG (AZ2.DE) is expected to grow by 20.71% in the next year.