AZELIS GROUP NV (AZE.BR) Stock Fundamental Analysis
Europe - EBR:AZE - BE0974400328 - Common Stock
12 EUR
+0.01 (+0.08%)
Taking everything into account, AZE scores 5 out of 10 in our fundamental rating. AZE was compared to 14 industry peers in the Trading Companies & Distributors industry. AZE scores excellent on profitability, but there are concerns on its financial health. AZE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AZE was profitable.
AZE had a positive operating cash flow in the past year.
Each year in the past 5 years AZE has been profitable.
Each year in the past 5 years AZE had a positive operating cash flow.
1.2 Ratios
AZE's Return On Assets of 2.99% is in line compared to the rest of the industry. AZE outperforms 57.14% of its industry peers.
AZE has a Return On Equity (6.38%) which is in line with its industry peers.
With a decent Return On Invested Capital value of 5.90%, AZE is doing good in the industry, outperforming 64.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AZE is in line with the industry average of 7.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 6.38% | ||
| ROIC | 5.9% |
ROA(3y)3.54%
ROA(5y)2.94%
ROE(3y)7.36%
ROE(5y)6.19%
ROIC(3y)6.56%
ROIC(5y)5.87%
1.3 Margins
With a decent Profit Margin value of 4.01%, AZE is doing good in the industry, outperforming 78.57% of the companies in the same industry.
AZE's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.62%, AZE belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
AZE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 23.57%, AZE is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
AZE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.62% | ||
| PM (TTM) | 4.01% | ||
| GM | 23.57% |
OM growth 3Y4.8%
OM growth 5Y7.9%
PM growth 3Y21.4%
PM growth 5Y13.37%
GM growth 3Y1.74%
GM growth 5Y2.88%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AZE is destroying value.
The number of shares outstanding for AZE remains at a similar level compared to 1 year ago.
The number of shares outstanding for AZE has been increased compared to 5 years ago.
Compared to 1 year ago, AZE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.89, we must say that AZE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.89, AZE is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
AZE has a debt to FCF ratio of 6.96. This is a slightly negative value and a sign of low solvency as AZE would need 6.96 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.96, AZE is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
A Debt/Equity ratio of 0.65 indicates that AZE is somewhat dependend on debt financing.
AZE's Debt to Equity ratio of 0.65 is in line compared to the rest of the industry. AZE outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 6.96 | ||
| Altman-Z | 0.89 |
ROIC/WACC0.87
WACC6.79%
2.3 Liquidity
AZE has a Current Ratio of 1.68. This is a normal value and indicates that AZE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.68, AZE is doing worse than 64.29% of the companies in the same industry.
AZE has a Quick Ratio of 1.05. This is a normal value and indicates that AZE is financially healthy and should not expect problems in meeting its short term obligations.
AZE has a Quick ratio of 1.05. This is comparable to the rest of the industry: AZE outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
AZE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.25%.
AZE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 29.29% yearly.
Looking at the last year, AZE shows a small growth in Revenue. The Revenue has grown by 1.70% in the last year.
The Revenue has been growing by 15.00% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.25%
EPS 3Y36.76%
EPS 5Y29.29%
EPS Q2Q%-12.82%
Revenue 1Y (TTM)1.7%
Revenue growth 3Y14.23%
Revenue growth 5Y15%
Sales Q2Q%97.22%
3.2 Future
The Earnings Per Share is expected to grow by 7.93% on average over the next years.
AZE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.22% yearly.
EPS Next Y-9.71%
EPS Next 2Y2.08%
EPS Next 3Y5.12%
EPS Next 5Y7.93%
Revenue Next Year-0.14%
Revenue Next 2Y2.03%
Revenue Next 3Y3.18%
Revenue Next 5Y5.22%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.39, the valuation of AZE can be described as rather expensive.
Based on the Price/Earnings ratio, AZE is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AZE to the average of the S&P500 Index (27.27), we can say AZE is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.12, the valuation of AZE can be described as correct.
Based on the Price/Forward Earnings ratio, AZE is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of AZE to the average of the S&P500 Index (22.77), we can say AZE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 12.12 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AZE indicates a somewhat cheap valuation: AZE is cheaper than 71.43% of the companies listed in the same industry.
71.43% of the companies in the same industry are more expensive than AZE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.86 | ||
| EV/EBITDA | 9.39 |
4.3 Compensation for Growth
AZE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y2.08%
EPS Next 3Y5.12%
5. Dividend
5.1 Amount
AZE has a Yearly Dividend Yield of 1.36%. Purely for dividend investing, there may be better candidates out there.
AZE's Dividend Yield is comparable with the industry average which is at 2.90.
With a Dividend Yield of 1.36, AZE pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AZE pays out 31.47% of its income as dividend. This is a sustainable payout ratio.
DP31.47%
EPS Next 2Y2.08%
EPS Next 3Y5.12%
EBR:AZE (9/16/2025, 9:10:02 AM)
12
+0.01 (+0.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners56.37%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.93B
Analysts81
Price Target19.96 (66.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP31.47%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.52%
PT rev (3m)-12.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-21.12%
EPS NY rev (3m)-21.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.79%
Revenue NY rev (3m)-4.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 12.12 | ||
| P/S | 0.69 | ||
| P/FCF | 9.86 | ||
| P/OCF | 9.04 | ||
| P/B | 1.1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.39 |
EPS(TTM)0.69
EY5.75%
EPS(NY)0.99
Fwd EY8.25%
FCF(TTM)1.22
FCFY10.14%
OCF(TTM)1.33
OCFY11.06%
SpS17.33
BVpS10.89
TBVpS-4.3
PEG (NY)N/A
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 6.38% | ||
| ROCE | 7.86% | ||
| ROIC | 5.9% | ||
| ROICexc | 6.54% | ||
| ROICexgc | 55.55% | ||
| OM | 8.62% | ||
| PM (TTM) | 4.01% | ||
| GM | 23.57% | ||
| FCFM | 7.02% |
ROA(3y)3.54%
ROA(5y)2.94%
ROE(3y)7.36%
ROE(5y)6.19%
ROIC(3y)6.56%
ROIC(5y)5.87%
ROICexc(3y)7.11%
ROICexc(5y)6.31%
ROICexgc(3y)61.38%
ROICexgc(5y)55.63%
ROCE(3y)8.76%
ROCE(5y)7.85%
ROICexcg growth 3Y-2.57%
ROICexcg growth 5Y-2.01%
ROICexc growth 3Y5.64%
ROICexc growth 5Y8.86%
OM growth 3Y4.8%
OM growth 5Y7.9%
PM growth 3Y21.4%
PM growth 5Y13.37%
GM growth 3Y1.74%
GM growth 5Y2.88%
F-Score8
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 6.96 | ||
| Debt/EBITDA | 3.6 | ||
| Cap/Depr | 22.87% | ||
| Cap/Sales | 0.63% | ||
| Interest Coverage | 3.14 | ||
| Cash Conversion | 67.16% | ||
| Profit Quality | 175.19% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 0.89 |
F-Score8
WACC6.79%
ROIC/WACC0.87
Cap/Depr(3y)16.39%
Cap/Depr(5y)20.73%
Cap/Sales(3y)0.38%
Cap/Sales(5y)0.47%
Profit Quality(3y)207.45%
Profit Quality(5y)175.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.25%
EPS 3Y36.76%
EPS 5Y29.29%
EPS Q2Q%-12.82%
EPS Next Y-9.71%
EPS Next 2Y2.08%
EPS Next 3Y5.12%
EPS Next 5Y7.93%
Revenue 1Y (TTM)1.7%
Revenue growth 3Y14.23%
Revenue growth 5Y15%
Sales Q2Q%97.22%
Revenue Next Year-0.14%
Revenue Next 2Y2.03%
Revenue Next 3Y3.18%
Revenue Next 5Y5.22%
EBIT growth 1Y-4.3%
EBIT growth 3Y19.71%
EBIT growth 5Y24.08%
EBIT Next Year23.73%
EBIT Next 3Y11.73%
EBIT Next 5Y13.43%
FCF growth 1Y-33.39%
FCF growth 3Y62.82%
FCF growth 5Y37.19%
OCF growth 1Y-29.85%
OCF growth 3Y53.15%
OCF growth 5Y33.59%