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 107 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 not valued too expensively and it also shows a decent growth rate. AZ2 also has an excellent dividend rating. These ratings could make AZ2 a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year AZ2 was profitable.
In the past year AZ2 had a positive cash flow from operations.
AZ2 had positive earnings in each of the past 5 years.
AZ2 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.94%, AZ2 is doing good in the industry, outperforming 74.77% of the companies in the same industry.
AZ2 has a Return On Equity of 22.72%. This is amongst the best in the industry. AZ2 outperforms 87.85% of its industry peers.
AZ2's Return On Invested Capital of 14.76% is amongst the best of the industry. AZ2 outperforms 90.65% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AZ2 is above the industry average of 8.95%.
The last Return On Invested Capital (14.76%) for AZ2 is above the 3 year average (13.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.94% | ||
| ROE | 22.72% | ||
| ROIC | 14.76% |
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 has a Profit Margin of 5.88%. This is in the better half of the industry: AZ2 outperforms 66.36% of its industry peers.
AZ2's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 7.92%, AZ2 perfoms like the industry average, outperforming 59.81% 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 (50.21%) is better than 65.42% of its industry peers.
AZ2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.92% | ||
| PM (TTM) | 5.88% | ||
| GM | 50.21% |
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.
AZ2 has less shares outstanding than it did 1 year ago.
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 2.44 indicates that AZ2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
AZ2 has a Altman-Z score (2.44) which is comparable to the rest of the industry.
The Debt to FCF ratio of AZ2 is 3.28, which is a good value as it means it would take AZ2, 3.28 years of fcf income to pay off all of its debts.
AZ2 has a better Debt to FCF ratio (3.28) than 71.03% of its industry peers.
AZ2 has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.24, AZ2 perfoms like the industry average, outperforming 58.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | 2.44 |
ROIC/WACC2.15
WACC6.87%
2.3 Liquidity
A Current Ratio of 1.11 indicates that AZ2 should not have too much problems paying its short term obligations.
AZ2's Current ratio of 1.11 is on the low side compared to the rest of the industry. AZ2 is outperformed by 80.37% of its industry peers.
A Quick Ratio of 0.86 indicates that AZ2 may have some problems paying its short term obligations.
With a Quick ratio value of 0.86, AZ2 is not doing good in the industry: 63.55% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for AZ2 have decreased by -5.26% 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 -4.60% in the past year.
AZ2 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.49% yearly.
EPS 1Y (TTM)-5.26%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)-4.6%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-6.63%
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.
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 Y6.13%
EPS Next 2Y10.19%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue Next Year-3.35%
Revenue Next 2Y2.11%
Revenue Next 3Y3.33%
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
AZ2 is valuated correctly with a Price/Earnings ratio of 13.02.
Based on the Price/Earnings ratio, AZ2 is valued a bit cheaper than 75.70% of the companies in the same industry.
AZ2 is valuated cheaply when we compare the Price/Earnings ratio to 27.51, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.43, the valuation of AZ2 can be described as very reasonable.
AZ2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AZ2 is cheaper than 76.64% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AZ2 to the average of the S&P500 Index (35.58), we can say AZ2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.02 | ||
| Fwd PE | 10.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AZ2 is valued a bit cheaper than the industry average as 69.16% of the companies are valued more expensively.
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 | 29.35 | ||
| EV/EBITDA | 6.41 |
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)2.13
PEG (5Y)0.41
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.
Compared to an average industry Dividend Yield of 2.36, AZ2 pays a better dividend. On top of this AZ2 pays more dividend than 93.46% 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 2.35.
| 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 9.64% of its income as dividend. This is a sustainable payout ratio.
AZ2's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP9.64%
EPS Next 2Y10.19%
EPS Next 3Y9.59%
FRA:AZ2 (7/14/2025, 7:00:00 PM)
63.3
-0.1 (-0.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners27.42%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap6.58B
Analysts82.67
Price Target71.64 (13.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.53
Dividend Growth(5Y)10.14%
DP9.64%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.1%
Min EPS beat(2)-7.74%
Max EPS beat(2)3.55%
EPS beat(4)1
Avg EPS beat(4)-4.61%
Min EPS beat(4)-7.89%
Max EPS beat(4)3.55%
EPS beat(8)4
Avg EPS beat(8)0.03%
EPS beat(12)7
Avg EPS beat(12)2.54%
EPS beat(16)7
Avg EPS beat(16)-0.97%
Revenue beat(2)0
Avg Revenue beat(2)-5.04%
Min Revenue beat(2)-6.17%
Max Revenue beat(2)-3.91%
Revenue beat(4)0
Avg Revenue beat(4)-4.42%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-2.13%
Revenue beat(8)3
Avg Revenue beat(8)-1.54%
Revenue beat(12)7
Avg Revenue beat(12)1.81%
Revenue beat(16)7
Avg Revenue beat(16)0.42%
PT rev (1m)0%
PT rev (3m)6.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.38%
EPS NY rev (1m)0%
EPS NY rev (3m)3.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.02 | ||
| Fwd PE | 10.43 | ||
| P/S | 0.8 | ||
| P/FCF | 29.35 | ||
| P/OCF | 15.65 | ||
| P/B | 3.11 | ||
| P/tB | 6.32 | ||
| EV/EBITDA | 6.41 |
EPS(TTM)4.86
EY7.68%
EPS(NY)6.07
Fwd EY9.59%
FCF(TTM)2.16
FCFY3.41%
OCF(TTM)4.05
OCFY6.39%
SpS78.74
BVpS20.36
TBVpS10.01
PEG (NY)2.13
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.94% | ||
| ROE | 22.72% | ||
| ROCE | 19.68% | ||
| ROIC | 14.76% | ||
| ROICexc | 25.64% | ||
| ROICexgc | 59.25% | ||
| OM | 7.92% | ||
| PM (TTM) | 5.88% | ||
| GM | 50.21% | ||
| FCFM | 2.74% |
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-Score5
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 3.28 | ||
| Debt/EBITDA | 0.59 | ||
| Cap/Depr | 85.43% | ||
| Cap/Sales | 2.4% | ||
| Interest Coverage | 16.85 | ||
| Cash Conversion | 47.88% | ||
| Profit Quality | 46.61% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.44 |
F-Score5
WACC6.87%
ROIC/WACC2.15
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)-5.26%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-13.33%
EPS Next Y6.13%
EPS Next 2Y10.19%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.6%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-6.63%
Revenue Next Year-3.35%
Revenue Next 2Y2.11%
Revenue Next 3Y3.33%
Revenue Next 5Y4.81%
EBIT growth 1Y-5.62%
EBIT growth 3Y13.07%
EBIT growth 5Y19.71%
EBIT Next Year30.36%
EBIT Next 3Y15.6%
EBIT Next 5YN/A
FCF growth 1Y-24.83%
FCF growth 3Y2.58%
FCF growth 5Y-8.28%
OCF growth 1Y-6.82%
OCF growth 3Y6.07%
OCF growth 5Y-5.06%