AZIMUT HOLDING SPA (AZM.MI) Stock Fundamental Analysis
BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
Taking everything into account, AZM scores 6 out of 10 in our fundamental rating. AZM was compared to 104 industry peers in the Capital Markets industry. While AZM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AZM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AZM was profitable.
In the past year AZM has reported a negative cash flow from operations.
Each year in the past 5 years AZM has 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 7.89%, AZM belongs to the top of the industry, outperforming 86.54% of the companies in the same industry.
The Return On Equity of AZM (41.99%) is better than 98.08% of its industry peers.
AZM's Return On Invested Capital of 7.03% is amongst the best of the industry. AZM outperforms 83.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.89% | ||
| ROE | 41.99% | ||
| ROIC | 7.03% |
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 38.37%, AZM belongs to the top of the industry, outperforming 83.65% 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 (46.32%) than 89.42% of its industry peers.
AZM's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 73.25%, AZM is doing good in the industry, outperforming 79.81% of the companies in the same industry.
In the last couple of years the Gross Margin of AZM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.32% | ||
| PM (TTM) | 38.37% | ||
| GM | 73.25% |
OM growth 3Y-0.79%
OM growth 5Y1.63%
PM growth 3Y0.73%
PM growth 5Y3.86%
GM growth 3Y-0.14%
GM growth 5Y0.78%
2. Health
2.1 Basic Checks
There is no outstanding debt for AZM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 1.03, we must say that AZM is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.03, AZM is in line with its industry, outperforming 58.65% of the companies in the same industry.
AZM has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
AZM has a Debt to Equity ratio of 0.02. This is amongst the best in the industry. AZM outperforms 89.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 6.57 indicates that AZM has no problem at all paying its short term obligations.
AZM has a Current ratio of 6.57. This is amongst the best in the industry. AZM outperforms 94.23% of its industry peers.
AZM has a Quick Ratio of 6.57. This indicates that AZM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 6.57, AZM belongs to the top of the industry, outperforming 94.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.57 | ||
| Quick Ratio | 6.57 |
3. Growth
3.1 Past
AZM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.73%, which is quite impressive.
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 1.39% in the last year.
The Revenue has been growing slightly by 5.20% on average over the past years.
EPS 1Y (TTM)21.73%
EPS 3Y-1.96%
EPS 5Y9.13%
EPS Q2Q%48.39%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y-2.35%
Revenue growth 5Y5.2%
Sales Q2Q%19.76%
3.2 Future
The Earnings Per Share is expected to grow by 0.71% on average over the next years.
AZM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.88% yearly.
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y0.71%
Revenue Next Year-1.44%
Revenue Next 2Y2.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
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
The Price/Earnings ratio is 5.82, which indicates a rather cheap valuation of AZM.
Based on the Price/Earnings ratio, AZM is valued cheaper than 93.27% of the companies in the same industry.
AZM is valuated cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.82, the valuation of AZM can be described as reasonable.
88.46% of the companies in the same industry are more expensive than AZM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, AZM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.82 | ||
| Fwd PE | 8.82 |
4.2 Price Multiples
94.23% of the companies in the same industry are more expensive than AZM, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.99 |
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)0.64
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.27%, AZM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.53, AZM pays a bit more dividend than its industry peers.
AZM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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
25.94% of the earnings are spent on dividend by AZM. This is a low number and sustainable payout ratio.
DP25.94%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
BIT:AZM (4/25/2025, 7:00:00 PM)
23.97
+0.55 (+2.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners22.93%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.43B
Analysts70.77
Price Target27.17 (13.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
Yearly Dividend1.7
Dividend Growth(5Y)-0.06%
DP25.94%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.04%
Min EPS beat(2)5.71%
Max EPS beat(2)32.37%
EPS beat(4)3
Avg EPS beat(4)10.54%
Min EPS beat(4)-5.07%
Max EPS beat(4)32.37%
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)2
Avg Revenue beat(2)5.3%
Min Revenue beat(2)5.16%
Max Revenue beat(2)5.44%
Revenue beat(4)3
Avg Revenue beat(4)3.41%
Min Revenue beat(4)-0.12%
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)3.16%
PT rev (3m)2.77%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.51%
EPS NY rev (3m)-15.45%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.82 | ||
| Fwd PE | 8.82 | ||
| P/S | 1.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.79 | ||
| P/tB | 2.56 | ||
| EV/EBITDA | 2.99 |
EPS(TTM)4.12
EY17.19%
EPS(NY)2.72
Fwd EY11.34%
FCF(TTM)-1.72
FCFYN/A
OCF(TTM)-1.38
OCFYN/A
SpS14.69
BVpS13.43
TBVpS9.37
PEG (NY)N/A
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.89% | ||
| ROE | 41.99% | ||
| ROCE | 9.58% | ||
| ROIC | 7.03% | ||
| ROICexc | 7.32% | ||
| ROICexgc | 8.18% | ||
| OM | 46.32% | ||
| PM (TTM) | 38.37% | ||
| GM | 73.25% | ||
| 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-0.79%
OM growth 5Y1.63%
PM growth 3Y0.73%
PM growth 5Y3.86%
GM growth 3Y-0.14%
GM growth 5Y0.78%
F-Score3
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 168.32% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.57 | ||
| Quick Ratio | 6.57 | ||
| Altman-Z | 1.03 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)138.48%
Cap/Depr(5y)137.24%
Cap/Sales(3y)3.61%
Cap/Sales(5y)3.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.73%
EPS 3Y-1.96%
EPS 5Y9.13%
EPS Q2Q%48.39%
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y0.71%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y-2.35%
Revenue growth 5Y5.2%
Sales Q2Q%19.76%
Revenue Next Year-1.44%
Revenue Next 2Y2.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.38%
EBIT growth 3Y-3.12%
EBIT growth 5Y6.92%
EBIT Next Year-7.69%
EBIT Next 3Y-0.81%
EBIT Next 5YN/A
FCF growth 1Y-158.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-142.12%
OCF growth 3YN/A
OCF growth 5YN/A