AZIMUT HOLDING SPA (AZM.MI) Stock Fundamental Analysis
BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
Taking everything into account, AZM scores 5 out of 10 in our fundamental rating. AZM was compared to 110 industry peers in the Capital Markets industry. AZM has an excellent profitability rating, but there are some minor concerns on its financial health. AZM has a valuation in line with the averages, but it does not seem to be growing. AZM also has an excellent dividend rating. These ratings could make AZM a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year AZM was profitable.
In the past year AZM had a positive cash flow from operations.
In the past 5 years AZM has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: AZM reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.91%, AZM belongs to the top of the industry, outperforming 85.45% of the companies in the same industry.
AZM has a Return On Equity of 39.93%. This is amongst the best in the industry. AZM outperforms 97.27% of its industry peers.
With a decent Return On Invested Capital value of 7.08%, AZM is doing good in the industry, outperforming 79.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.91% | ||
| ROE | 39.93% | ||
| ROIC | 7.08% |
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
AZM has a better Profit Margin (38.65%) than 82.73% of its industry peers.
AZM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 46.68%, AZM belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
AZM's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 72.63%, AZM is doing good in the industry, outperforming 74.55% of the companies in the same industry.
AZM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.68% | ||
| PM (TTM) | 38.65% | ||
| GM | 72.63% |
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
AZM has an Altman-Z score of 1.14. This is a bad value and indicates that AZM is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AZM (1.14) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.03 indicates that AZM is not too dependend on debt financing.
AZM has a better Debt to Equity ratio (0.03) than 85.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.14 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AZM has a Current Ratio of 7.55. 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 7.55, AZM belongs to the top of the industry, outperforming 92.73% of the companies in the same industry.
AZM has a Quick Ratio of 7.55. This indicates that AZM is financially healthy and has no problem in meeting its short term obligations.
AZM's Quick ratio of 7.55 is amongst the best of the industry. AZM outperforms 92.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.55 | ||
| Quick Ratio | 7.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.18% over the past year.
AZM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.13% yearly.
Looking at the last year, AZM shows a small growth in Revenue. The Revenue has grown by 0.68% in the last year.
The Revenue has been growing slightly by 5.22% on average over the past years.
EPS 1Y (TTM)19.18%
EPS 3Y-1.96%
EPS 5Y9.13%
EPS Q2Q%-0.97%
Revenue 1Y (TTM)0.68%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%-8.54%
3.2 Future
Based on estimates for the next years, AZM will show a decrease in Earnings Per Share. The EPS will decrease by -4.27% on average per year.
The Revenue is expected to grow by 0.61% on average over the next years.
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y-4.27%
Revenue Next Year-3.77%
Revenue Next 2Y1.02%
Revenue Next 3Y1.13%
Revenue Next 5Y0.61%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.15 indicates a rather cheap valuation of AZM.
92.73% of the companies in the same industry are more expensive than AZM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AZM to the average of the S&P500 Index (27.30), we can say AZM is valued rather cheaply.
A Price/Forward Earnings ratio of 9.88 indicates a reasonable valuation of AZM.
Based on the Price/Forward Earnings ratio, AZM is valued cheaply inside the industry as 85.45% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of AZM to the average of the S&P500 Index (21.76), we can say AZM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.15 | ||
| Fwd PE | 9.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AZM indicates a rather cheap valuation: AZM is cheaper than 95.45% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.65 |
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 -6.50% in the coming years.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
5. Dividend
5.1 Amount
AZM has a Yearly Dividend Yield of 6.45%, which is a nice return.
AZM's Dividend Yield is rather good when compared to the industry average which is at 6.06. AZM pays more dividend than 92.73% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, AZM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.45% |
5.2 History
The dividend of AZM decreases each year by -0.06%.
Dividend Growth(5Y)-0.06%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
25.97% of the earnings are spent on dividend by AZM. This is a low number and sustainable payout ratio.
The Dividend Rate of AZM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP25.97%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
BIT:AZM (7/11/2025, 7:00:00 PM)
29.37
-0.01 (-0.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners22.02%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.21B
Analysts73.33
Price Target28.53 (-2.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.45% |
Yearly Dividend1.7
Dividend Growth(5Y)-0.06%
DP25.97%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.28%
Min EPS beat(2)32.37%
Max EPS beat(2)34.2%
EPS beat(4)3
Avg EPS beat(4)16.8%
Min EPS beat(4)-5.07%
Max EPS beat(4)34.2%
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)1
Avg Revenue beat(2)1.17%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)5.16%
Revenue beat(4)2
Avg Revenue beat(4)1.92%
Min Revenue beat(4)-2.82%
Max Revenue beat(4)5.44%
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)4.69%
PT rev (3m)3.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.84%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.15 | ||
| Fwd PE | 9.88 | ||
| P/S | 2.02 | ||
| P/FCF | N/A | ||
| P/OCF | 6678.17 | ||
| P/B | 2.08 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 3.65 |
EPS(TTM)4.11
EY13.99%
EPS(NY)2.97
Fwd EY10.12%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0
OCFY0.01%
SpS14.57
BVpS14.1
TBVpS9.85
PEG (NY)N/A
PEG (5Y)0.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.91% | ||
| ROE | 39.93% | ||
| ROCE | 9.63% | ||
| ROIC | 7.08% | ||
| ROICexc | 7.54% | ||
| ROICexgc | 8.45% | ||
| OM | 46.68% | ||
| PM (TTM) | 38.65% | ||
| GM | 72.63% | ||
| 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
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 0.06% | ||
| Profit Quality | N/A | ||
| Current Ratio | 7.55 | ||
| Quick Ratio | 7.55 | ||
| Altman-Z | 1.14 |
F-Score6
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)19.18%
EPS 3Y-1.96%
EPS 5Y9.13%
EPS Q2Q%-0.97%
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y-4.27%
Revenue 1Y (TTM)0.68%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%-8.54%
Revenue Next Year-3.77%
Revenue Next 2Y1.02%
Revenue Next 3Y1.13%
Revenue Next 5Y0.61%
EBIT growth 1Y1.98%
EBIT growth 3Y-2.76%
EBIT growth 5Y7.16%
EBIT Next Year-9.44%
EBIT Next 3Y0.42%
EBIT Next 5YN/A
FCF growth 1Y-128.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-99.7%
OCF growth 3YN/A
OCF growth 5YN/A