ALBANY INTL CORP-CL A (AIN)
US0123481089 - Common Stock
Overall AIN gets a fundamental rating of 6 out of 10. We evaluated AIN against 132 industry peers in the Machinery industry. AIN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. While showing a medium growth rate, AIN is valued expensive at the moment. AIN also has an excellent dividend rating. This makes AIN very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
AIN had positive earnings in the past year.
In the past year AIN had a positive cash flow from operations.
AIN had positive earnings in each of the past 5 years.
Each year in the past 5 years AIN had a positive operating cash flow.
1.2 Ratios
AIN's Return On Assets of 6.06% is fine compared to the rest of the industry. AIN outperforms 65.89% of its industry peers.
The Return On Equity of AIN (11.56%) is better than 64.34% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.56%, AIN is in line with its industry, outperforming 58.14% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AIN is below the industry average of 10.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | 11.56% | ||
| ROIC | 7.56% |
ROA(3y)6.5%
ROA(5y)6.97%
ROE(3y)12.07%
ROE(5y)13.45%
ROIC(3y)8.69%
ROIC(5y)9.22%
1.3 Margins
With a decent Profit Margin value of 9.68%, AIN is doing good in the industry, outperforming 72.87% of the companies in the same industry.
In the last couple of years the Profit Margin of AIN has grown nicely.
AIN has a better Operating Margin (14.65%) than 75.19% of its industry peers.
In the last couple of years the Operating Margin of AIN has remained more or less at the same level.
Looking at the Gross Margin, with a value of 36.91%, AIN is in the better half of the industry, outperforming 72.09% of the companies in the same industry.
AIN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.65% | ||
| PM (TTM) | 9.68% | ||
| GM | 36.91% |
OM growth 3Y-8.42%
OM growth 5Y-1.21%
PM growth 3Y-4.02%
PM growth 5Y2.79%
GM growth 3Y-3.6%
GM growth 5Y0.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AIN is destroying value.
Compared to 1 year ago, AIN has more shares outstanding
AIN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AIN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.82 indicates that AIN is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.82, AIN is doing good in the industry, outperforming 65.12% of the companies in the same industry.
The Debt to FCF ratio of AIN is 7.18, which is on the high side as it means it would take AIN, 7.18 years of fcf income to pay off all of its debts.
AIN has a Debt to FCF ratio of 7.18. This is comparable to the rest of the industry: AIN outperforms 48.84% of its industry peers.
AIN has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
AIN has a Debt to Equity ratio (0.47) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | 3.82 |
ROIC/WACC0.85
WACC8.92%
2.3 Liquidity
A Current Ratio of 3.53 indicates that AIN has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.53, AIN belongs to the best of the industry, outperforming 82.95% of the companies in the same industry.
A Quick Ratio of 2.85 indicates that AIN has no problem at all paying its short term obligations.
AIN has a better Quick ratio (2.85) than 87.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.53 | ||
| Quick Ratio | 2.85 |
3. Growth
3.1 Past
AIN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.65%.
AIN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.54% yearly.
AIN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.91%.
AIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.16% yearly.
EPS 1Y (TTM)4.65%
EPS 3Y2.87%
EPS 5Y6.54%
EPS growth Q2Q62.67%
Revenue 1Y (TTM)10.91%
Revenue growth 3Y8.42%
Revenue growth 5Y3.16%
Revenue growth Q2Q20.38%
3.2 Future
Based on estimates for the next years, AIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.69% on average per year.
The Revenue is expected to grow by 2.31% on average over the next years.
EPS Next Y-1.45%
EPS Next 2Y8.33%
EPS Next 3Y14.69%
EPS Next 5YN/A
Revenue Next Year16.14%
Revenue Next 2Y10.79%
Revenue Next 3Y8.69%
Revenue Next 5Y2.31%
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 accelerating.
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 20.18 indicates a rather expensive valuation of AIN.
Compared to the rest of the industry, the Price/Earnings ratio of AIN indicates a somewhat cheap valuation: AIN is cheaper than 64.34% of the companies listed in the same industry.
AIN's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.55.
Based on the Price/Forward Earnings ratio of 20.47, the valuation of AIN can be described as rather expensive.
AIN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 20.92. AIN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.18 | ||
| Fwd PE | 20.47 |
4.2 Price Multiples
63.57% of the companies in the same industry are more expensive than AIN, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as AIN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.12 | ||
| EV/EBITDA | 11.33 |
4.3 Compensation for Growth
The decent profitability rating of AIN may justify a higher PE ratio.
A more expensive valuation may be justified as AIN's earnings are expected to grow with 14.69% in the coming years.
PEG (NY)N/A
PEG (5Y)3.08
EPS Next 2Y8.33%
EPS Next 3Y14.69%
5. Dividend
5.1 Amount
AIN has a Yearly Dividend Yield of 1.18%.
AIN's Dividend Yield is a higher than the industry average which is at 1.71.
Compared to an average S&P500 Dividend Yield of 2.39, AIN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
5.2 History
On average, the dividend of AIN grows each year by 8.06%, which is quite nice.
AIN has paid a dividend for at least 10 years, which is a reliable track record.
AIN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.06%
Div Incr Years6
Div Non Decr Years19
5.3 Sustainability
AIN pays out 28.04% of its income as dividend. This is a sustainable payout ratio.
AIN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.04%
EPS Next 2Y8.33%
EPS Next 3Y14.69%
ALBANY INTL CORP-CL A
NYSE:AIN (5/1/2024, 7:04:00 PM)
After market: 81.71 0 (0%)81.71
+1.96 (+2.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.55B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.18 | ||
| Fwd PE | 20.47 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | 11.56% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.65% | ||
| PM (TTM) | 9.68% | ||
| GM | 36.91% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.53 | ||
| Quick Ratio | 2.85 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)4.65%
EPS 3Y2.87%
EPS 5Y
EPS growth Q2Q
EPS Next Y-1.45%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.91%
Revenue growth 3Y8.42%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y