ANDRITZ AG (AZ2.DE) Stock Fundamental Analysis
FRA:AZ2 - Deutsche Boerse Ag - AT0000730007 - Common Stock - Currency: EUR
Overall AZ2 gets a fundamental rating of 6 out of 10. We evaluated AZ2 against 102 industry peers in the Machinery industry. While AZ2 has a great profitability rating, there are some minor concerns on its financial health. AZ2 has a decent growth rate and is not valued too expensively. Finally AZ2 also has an excellent dividend rating. These ratings would make AZ2 suitable 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
Looking at the Return On Assets, with a value of 6.12%, AZ2 is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
Looking at the Return On Equity, with a value of 23.15%, AZ2 belongs to the top of the industry, outperforming 91.18% of the companies in the same industry.
AZ2 has a Return On Invested Capital of 14.17%. This is amongst the best in the industry. AZ2 outperforms 91.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AZ2 is significantly above the industry average of 8.38%.
The 3 year average ROIC (13.75%) for AZ2 is below the current ROIC(14.17%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.12% | ||
| ROE | 23.15% | ||
| ROIC | 14.17% |
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 5.97%, AZ2 is doing good in the industry, outperforming 74.51% of the companies in the same industry.
AZ2's Profit Margin has improved in the last couple of years.
The Operating Margin of AZ2 (7.96%) is better than 64.71% of its industry peers.
AZ2's Operating Margin has improved in the last couple of years.
The Gross Margin of AZ2 (49.35%) is better than 67.65% of its industry peers.
AZ2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.96% | ||
| PM (TTM) | 5.97% | ||
| GM | 49.35% |
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%
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.
AZ2 has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AZ2 has an improved debt to assets ratio.
2.2 Solvency
AZ2 has an Altman-Z score of 2.41. 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.
AZ2 has a Altman-Z score (2.41) which is in line with its industry peers.
AZ2 has a debt to FCF ratio of 1.73. This is a very positive value and a sign of high solvency as it would only need 1.73 years to pay back of all of its debts.
AZ2 has a better Debt to FCF ratio (1.73) than 88.24% of its industry peers.
AZ2 has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
AZ2 has a Debt to Equity ratio (0.31) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.73 | ||
| Altman-Z | 2.41 |
ROIC/WACC2.08
WACC6.82%
2.3 Liquidity
A Current Ratio of 1.18 indicates that AZ2 should not have too much problems paying its short term obligations.
With a Current ratio value of 1.18, AZ2 is not doing good in the industry: 74.51% of the companies in the same industry are doing better.
AZ2 has a Quick Ratio of 1.18. This is a bad value and indicates that AZ2 is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.91, AZ2 perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The earnings per share for AZ2 have decreased by -2.53% in the last year.
Measured over the past years, AZ2 shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.53% on average per year.
The Revenue has decreased by -4.00% in the past year.
Measured over the past years, AZ2 shows a small growth in Revenue. The Revenue has been growing by 4.49% on average per year.
EPS 1Y (TTM)-2.53%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-1.88%
Revenue 1Y (TTM)-4%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-6.59%
3.2 Future
AZ2 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.59% yearly.
AZ2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.81% yearly.
EPS Next Y6.13%
EPS Next 2Y10.19%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue Next Year-1.8%
Revenue Next 2Y2.99%
Revenue Next 3Y2.4%
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.
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
AZ2 is valuated reasonably with a Price/Earnings ratio of 11.39.
Based on the Price/Earnings ratio, AZ2 is valued a bit cheaper than the industry average as 76.47% of the companies are valued more expensively.
AZ2 is valuated cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.73, which indicates a very decent valuation of AZ2.
Based on the Price/Forward Earnings ratio, AZ2 is valued a bit cheaper than 72.55% of the companies in the same industry.
AZ2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 10.73 |
4.2 Price Multiples
74.51% of the companies in the same industry are more expensive than AZ2, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AZ2 indicates a somewhat cheap valuation: AZ2 is cheaper than 70.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.07 | ||
| EV/EBITDA | 5.45 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AZ2 does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of AZ2 may justify a higher PE ratio.
PEG (NY)1.86
PEG (5Y)0.36
EPS Next 2Y10.19%
EPS Next 3Y9.59%
5. Dividend
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 2.71. AZ2 pays more dividend than 93.14% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, AZ2 pays a better dividend.
| Industry Rank | Sector 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 Years3
Div Non Decr Years3
5.3 Sustainability
50.05% 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.
DP50.05%
EPS Next 2Y10.19%
EPS Next 3Y9.59%
FRA:AZ2 (4/25/2025, 7:00:00 PM)
56.95
+0.65 (+1.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners28.79%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap5.92B
Analysts80
Price Target70.9 (24.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.53
Dividend Growth(5Y)10.14%
DP50.05%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.17%
Min EPS beat(2)-7.89%
Max EPS beat(2)3.55%
EPS beat(4)1
Avg EPS beat(4)-3.79%
Min EPS beat(4)-7.89%
Max EPS beat(4)3.55%
EPS beat(8)5
Avg EPS beat(8)3.94%
EPS beat(12)7
Avg EPS beat(12)1.47%
EPS beat(16)8
Avg EPS beat(16)0.15%
Revenue beat(2)0
Avg Revenue beat(2)-5.81%
Min Revenue beat(2)-6.17%
Max Revenue beat(2)-5.44%
Revenue beat(4)0
Avg Revenue beat(4)-4.63%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-2.13%
Revenue beat(8)4
Avg Revenue beat(8)0.57%
Revenue beat(12)7
Avg Revenue beat(12)1.69%
Revenue beat(16)8
Avg Revenue beat(16)0.73%
PT rev (1m)0.58%
PT rev (3m)-0.44%
EPS NQ rev (1m)-20.21%
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.42%
EPS NY rev (3m)-6.19%
Revenue NQ rev (1m)-6.07%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 10.73 | ||
| P/S | 0.71 | ||
| P/FCF | 13.07 | ||
| P/OCF | 9.36 | ||
| P/B | 2.76 | ||
| P/tB | 5.22 | ||
| EV/EBITDA | 5.45 |
EPS(TTM)5
EY8.78%
EPS(NY)5.31
Fwd EY9.32%
FCF(TTM)4.36
FCFY7.65%
OCF(TTM)6.08
OCFY10.68%
SpS79.94
BVpS20.62
TBVpS10.92
PEG (NY)1.86
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.12% | ||
| ROE | 23.15% | ||
| ROCE | 18.88% | ||
| ROIC | 14.17% | ||
| ROICexc | 24.7% | ||
| ROICexgc | 49.59% | ||
| OM | 7.96% | ||
| PM (TTM) | 5.97% | ||
| GM | 49.35% | ||
| FCFM | 5.45% |
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%
ROICexcg growth 3Y1.37%
ROICexcg 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-Score8
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.73 | ||
| Debt/EBITDA | 0.76 | ||
| Cap/Depr | 79.42% | ||
| Cap/Sales | 2.16% | ||
| Interest Coverage | 17.02 | ||
| Cash Conversion | 71.27% | ||
| Profit Quality | 91.3% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 2.41 |
F-Score8
WACC6.82%
ROIC/WACC2.08
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)-2.53%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-1.88%
EPS Next Y6.13%
EPS Next 2Y10.19%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-4%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-6.59%
Revenue Next Year-1.8%
Revenue Next 2Y2.99%
Revenue Next 3Y2.4%
Revenue Next 5Y4.81%
EBIT growth 1Y-4.54%
EBIT growth 3Y13.07%
EBIT growth 5Y19.71%
EBIT Next Year30.04%
EBIT Next 3Y15.49%
EBIT Next 5YN/A
FCF growth 1Y121.88%
FCF growth 3Y2.58%
FCF growth 5Y-8.28%
OCF growth 1Y68.7%
OCF growth 3Y6.07%
OCF growth 5Y-5.06%