AZELIS GROUP NV (AZE.BR) Stock Fundamental Analysis
EBR:AZE - Euronext Brussels - BE0974400328 - Common Stock - Currency: EUR
Taking everything into account, AZE scores 6 out of 10 in our fundamental rating. AZE was compared to 16 industry peers in the Trading Companies & Distributors industry. While AZE has a great profitability rating, there are some minor concerns on its financial health. AZE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AZE had positive earnings in the past year.
In the past year AZE had a positive cash flow from operations.
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 4.78% is in line compared to the rest of the industry. AZE outperforms 56.25% of its industry peers.
AZE has a Return On Equity (9.58%) which is in line with its industry peers.
AZE's Return On Invested Capital of 9.14% is amongst the best of the industry. AZE outperforms 81.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AZE is below the industry average of 8.56%.
The last Return On Invested Capital (9.14%) for AZE is above the 3 year average (6.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 9.58% | ||
| ROIC | 9.14% |
ROA(3y)3.54%
ROA(5y)2.94%
ROE(3y)7.36%
ROE(5y)6.19%
ROIC(3y)6.54%
ROIC(5y)5.86%
1.3 Margins
The Profit Margin of AZE (4.33%) is better than 87.50% of its industry peers.
In the last couple of years the Profit Margin of AZE has grown nicely.
With an excellent Operating Margin value of 9.47%, AZE belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
In the last couple of years the Operating Margin of AZE has grown nicely.
AZE has a Gross Margin of 23.91%. This is in the better half of the industry: AZE outperforms 75.00% of its industry peers.
AZE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.47% | ||
| PM (TTM) | 4.33% | ||
| GM | 23.91% |
OM growth 3Y4.51%
OM growth 5Y7.72%
PM growth 3Y21.4%
PM growth 5Y13.37%
GM growth 3Y1.74%
GM growth 5Y2.88%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AZE is still creating some value.
Compared to 1 year ago, AZE has about the same amount of shares outstanding.
Compared to 5 years ago, AZE has more shares outstanding
Compared to 1 year ago, AZE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.82 indicates that AZE is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of AZE (1.82) is worse than 87.50% of its industry peers.
AZE has a debt to FCF ratio of 5.97. This is a neutral value as AZE would need 5.97 years to pay back of all of its debts.
AZE has a Debt to FCF ratio of 5.97. This is in the better half of the industry: AZE outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.61 indicates that AZE is somewhat dependend on debt financing.
The Debt to Equity ratio of AZE (0.61) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 1.82 |
ROIC/WACC1.31
WACC6.98%
2.3 Liquidity
A Current Ratio of 1.93 indicates that AZE should not have too much problems paying its short term obligations.
With a Current ratio value of 1.93, AZE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.11 indicates that AZE should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.11, AZE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
AZE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.09%, which is quite impressive.
Measured over the past years, AZE shows a very strong growth in Earnings Per Share. The EPS has been growing by 29.24% on average per year.
Looking at the last year, AZE shows a very strong growth in Revenue. The Revenue has grown by 53.16%.
The Revenue has been growing by 15.00% on average over the past years. This is quite good.
EPS 1Y (TTM)52.09%
EPS 3Y36.68%
EPS 5Y29.24%
EPS Q2Q%144.22%
Revenue 1Y (TTM)53.16%
Revenue growth 3Y14.23%
Revenue growth 5Y15%
Sales Q2Q%109.55%
3.2 Future
The Earnings Per Share is expected to grow by 14.01% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.54% on average over the next years.
EPS Next Y19.94%
EPS Next 2Y16.29%
EPS Next 3Y16.28%
EPS Next 5Y14.01%
Revenue Next Year6.21%
Revenue Next 2Y5.93%
Revenue Next 3Y6.03%
Revenue Next 5Y4.54%
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.
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
The Price/Earnings ratio is 16.39, which indicates a correct valuation of AZE.
Compared to the rest of the industry, the Price/Earnings ratio of AZE indicates a somewhat cheap valuation: AZE is cheaper than 68.75% of the companies listed in the same industry.
AZE is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
AZE is valuated correctly with a Price/Forward Earnings ratio of 16.22.
AZE's Price/Forward Earnings is on the same level as the industry average.
AZE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.39 | ||
| Fwd PE | 16.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AZE is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as AZE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.62 | ||
| EV/EBITDA | 8.42 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AZE has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AZE's earnings are expected to grow with 16.28% in the coming years.
PEG (NY)0.82
PEG (5Y)0.56
EPS Next 2Y16.29%
EPS Next 3Y16.28%
5. Dividend
5.1 Amount
AZE has a yearly dividend return of 0.81%, which is pretty low.
AZE's Dividend Yield is slightly below the industry average, which is at 2.53.
With a Dividend Yield of 0.81, AZE pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AZE pays out 19.35% of its income as dividend. This is a sustainable payout ratio.
DP19.35%
EPS Next 2Y16.29%
EPS Next 3Y16.28%
EBR:AZE (3/7/2025, 7:00:00 PM)
18.52
-0.48 (-2.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners47.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.52B
Analysts82.86
Price Target25.93 (40.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP19.35%
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)0.41%
PT rev (3m)1.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.61%
EPS NY rev (3m)-2.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.39 | ||
| Fwd PE | 16.22 | ||
| P/S | 0.71 | ||
| P/FCF | 14.62 | ||
| P/OCF | 13.99 | ||
| P/B | 1.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.42 |
EPS(TTM)1.13
EY6.1%
EPS(NY)1.14
Fwd EY6.17%
FCF(TTM)1.27
FCFY6.84%
OCF(TTM)1.32
OCFY7.15%
SpS26.07
BVpS11.79
TBVpS-4.31
PEG (NY)0.82
PEG (5Y)0.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 9.58% | ||
| ROCE | 12.18% | ||
| ROIC | 9.14% | ||
| ROICexc | 9.73% | ||
| ROICexgc | 62.11% | ||
| OM | 9.47% | ||
| PM (TTM) | 4.33% | ||
| GM | 23.91% | ||
| FCFM | 4.86% |
ROA(3y)3.54%
ROA(5y)2.94%
ROE(3y)7.36%
ROE(5y)6.19%
ROIC(3y)6.54%
ROIC(5y)5.86%
ROICexc(3y)7.09%
ROICexc(5y)6.3%
ROICexgc(3y)61.27%
ROICexgc(5y)55.57%
ROCE(3y)8.74%
ROCE(5y)7.84%
ROICexcg growth 3Y-2.83%
ROICexcg growth 5Y-2.17%
ROICexc growth 3Y5.35%
ROICexc growth 5Y8.68%
OM growth 3Y4.51%
OM growth 5Y7.72%
PM growth 3Y21.4%
PM growth 5Y13.37%
GM growth 3Y1.74%
GM growth 5Y2.88%
F-Score8
Asset Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 5.97 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 12.08% | ||
| Cap/Sales | 0.22% | ||
| Interest Coverage | 4.92 | ||
| Cash Conversion | 45.03% | ||
| Profit Quality | 112.18% | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 1.82 |
F-Score8
WACC6.98%
ROIC/WACC1.31
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)52.09%
EPS 3Y36.68%
EPS 5Y29.24%
EPS Q2Q%144.22%
EPS Next Y19.94%
EPS Next 2Y16.29%
EPS Next 3Y16.28%
EPS Next 5Y14.01%
Revenue 1Y (TTM)53.16%
Revenue growth 3Y14.23%
Revenue growth 5Y15%
Sales Q2Q%109.55%
Revenue Next Year6.21%
Revenue Next 2Y5.93%
Revenue Next 3Y6.03%
Revenue Next 5Y4.54%
EBIT growth 1Y53.38%
EBIT growth 3Y19.38%
EBIT growth 5Y23.88%
EBIT Next Year29.43%
EBIT Next 3Y12.75%
EBIT Next 5YN/A
FCF growth 1Y-39.35%
FCF growth 3Y62.82%
FCF growth 5Y37.19%
OCF growth 1Y-38.5%
OCF growth 3Y53.15%
OCF growth 5Y33.59%