AZIMUT HOLDING SPA (AZM.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:AZM • IT0003261697
36.49 EUR
-0.22 (-0.6%)
Last: Feb 10, 2026, 07:00 PM
Overall AZM gets a fundamental rating of 5 out of 10. We evaluated AZM against 117 industry peers in the Capital Markets industry. While AZM has a great profitability rating, there are some minor concerns on its financial health. AZM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- AZM had positive earnings in the past year.
- In the past year AZM has reported a negative cash flow from operations.
- In the past 5 years AZM has always been profitable.
- In multiple years AZM reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.29%, AZM belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 39.51%, AZM belongs to the top of the industry, outperforming 94.87% of the companies in the same industry.
- AZM has a better Return On Invested Capital (7.29%) than 75.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.29% | ||
| ROE | 39.51% | ||
| ROIC | 7.29% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 36.34%, AZM is in the better half of the industry, outperforming 79.49% of the companies in the same industry.
- AZM's Profit Margin has improved in the last couple of years.
- AZM has a better Operating Margin (49.15%) than 84.62% of its industry peers.
- In the last couple of years the Operating Margin of AZM has grown nicely.
- AZM has a Gross Margin of 71.74%. This is in the better half of the industry: AZM outperforms 75.21% of its industry peers.
- AZM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.15% | ||
| PM (TTM) | 36.34% | ||
| GM | 71.74% |
OM growth 3Y-0.44%
OM growth 5Y1.85%
PM growth 3Y0.71%
PM growth 5Y3.84%
GM growth 3Y-0.13%
GM growth 5Y0.79%
2. Health
2.1 Basic Checks
- AZM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of 1.18, we must say that AZM is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.18, AZM is doing good in the industry, outperforming 60.68% of the companies in the same industry.
- A Debt/Equity ratio of 0.03 indicates that AZM is not too dependend on debt financing.
- AZM's Debt to Equity ratio of 0.03 is amongst the best of the industry. AZM outperforms 88.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.18 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- AZM has a Current Ratio of 8.00. This indicates that AZM is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 8.00, AZM belongs to the top of the industry, outperforming 96.58% of the companies in the same industry.
- AZM has a Quick Ratio of 8.00. This indicates that AZM is financially healthy and has no problem in meeting its short term obligations.
- AZM has a Quick ratio of 8.00. This is amongst the best in the industry. AZM outperforms 96.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8 | ||
| Quick Ratio | 8 |
3. Growth
3.1 Past
- The earnings per share for AZM have decreased by -3.43% in the last year.
- Measured over the past years, AZM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.45% on average per year.
- Looking at the last year, AZM shows a decrease in Revenue. The Revenue has decreased by -1.96% in the last year.
- The Revenue has been growing slightly by 5.22% on average over the past years.
EPS 1Y (TTM)-3.43%
EPS 3Y-1.49%
EPS 5Y9.45%
EPS Q2Q%23.98%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%9.23%
3.2 Future
- AZM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.36% yearly.
- Based on estimates for the next years, AZM will show a small growth in Revenue. The Revenue will grow by 2.30% on average per year.
EPS Next Y-17.21%
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
EPS Next 5Y-2.36%
Revenue Next Year-4.94%
Revenue Next 2Y1.36%
Revenue Next 3Y3%
Revenue Next 5Y2.3%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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 8.86, the valuation of AZM can be described as reasonable.
- Based on the Price/Earnings ratio, AZM is valued cheaply inside the industry as 89.74% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of AZM to the average of the S&P500 Index (28.03), we can say AZM is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 6.52, the valuation of AZM can be described as very cheap.
- Based on the Price/Forward Earnings ratio, AZM is valued cheaper than 100.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.97. AZM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 6.52 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AZM is valued cheaply inside the industry as 91.45% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.64 |
4.3 Compensation for Growth
- AZM has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as AZM's earnings are expected to decrease with -2.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.94
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.91%, AZM is a good candidate for dividend investing.
- AZM's Dividend Yield is rather good when compared to the industry average which is at 3.00. AZM pays more dividend than 82.91% of the companies in the same industry.
- AZM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- AZM pays out 46.50% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP46.5%
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
BIT:AZM (2/10/2026, 7:00:00 PM)
36.49
-0.22 (-0.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06 2025-11-06
Earnings (Next)03-05 2026-03-05/amc
Inst Owners31.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.23B
Revenue(TTM)2.08B
Net Income(TTM)755.10M
Analysts71.67
Price Target36.9 (1.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP46.5%
Div Incr Years0
Div Non Decr Years0
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)3.58%
PT rev (3m)8.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.3%
EPS NY rev (3m)7.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 6.52 | ||
| P/S | 2.52 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.74 | ||
| P/tB | 4.26 | ||
| EV/EBITDA | 4.64 |
EPS(TTM)4.12
EY11.29%
EPS(NY)5.6
Fwd EY15.35%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)-1.06
OCFYN/A
SpS14.5
BVpS13.34
TBVpS8.56
PEG (NY)N/A
PEG (5Y)0.94
Graham Number35.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.29% | ||
| ROE | 39.51% | ||
| ROCE | 9.92% | ||
| ROIC | 7.29% | ||
| ROICexc | 7.63% | ||
| ROICexgc | 8.57% | ||
| OM | 49.15% | ||
| PM (TTM) | 36.34% | ||
| GM | 71.74% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-0.44%
OM growth 5Y1.85%
PM growth 3Y0.71%
PM growth 5Y3.84%
GM growth 3Y-0.13%
GM growth 5Y0.79%
F-Score5
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 146.34% | ||
| Cap/Sales | 1.74% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 8 | ||
| Quick Ratio | 8 | ||
| Altman-Z | 1.18 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)138.48%
Cap/Depr(5y)137.24%
Cap/Sales(3y)3.72%
Cap/Sales(5y)3.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.43%
EPS 3Y-1.49%
EPS 5Y9.45%
EPS Q2Q%23.98%
EPS Next Y-17.21%
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
EPS Next 5Y-2.36%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%9.23%
Revenue Next Year-4.94%
Revenue Next 2Y1.36%
Revenue Next 3Y3%
Revenue Next 5Y2.3%
EBIT growth 1Y9.4%
EBIT growth 3Y-2.76%
EBIT growth 5Y7.16%
EBIT Next Year-0.29%
EBIT Next 3Y-1.07%
EBIT Next 5YN/A
FCF growth 1Y-156.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-139.52%
OCF growth 3YN/A
OCF growth 5YN/A
AZIMUT HOLDING SPA / AZM.MI FAQ
Can you provide the ChartMill fundamental rating for AZIMUT HOLDING SPA?
ChartMill assigns a fundamental rating of 5 / 10 to AZM.MI.
What is the valuation status of AZIMUT HOLDING SPA (AZM.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to AZIMUT HOLDING SPA (AZM.MI). This can be considered as Fairly Valued.
What is the profitability of AZM stock?
AZIMUT HOLDING SPA (AZM.MI) has a profitability rating of 7 / 10.
What is the financial health of AZIMUT HOLDING SPA (AZM.MI) stock?
The financial health rating of AZIMUT HOLDING SPA (AZM.MI) is 5 / 10.
Can you provide the expected EPS growth for AZM stock?
The Earnings per Share (EPS) of AZIMUT HOLDING SPA (AZM.MI) is expected to decline by -17.21% in the next year.