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. While AIN has a great health rating, its profitability is only average at the moment. While showing a medium growth rate, AIN is valued expensive at the moment. Finally 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.
In the past 5 years AIN always reported a positive cash flow from operatings.
1.2 Ratios
AIN has a better Return On Assets (6.06%) than 65.89% of its industry peers.
Looking at the Return On Equity, with a value of 11.56%, AIN is in the better half of the industry, outperforming 64.34% of the companies in the same industry.
With a Return On Invested Capital value of 7.56%, AIN perfoms like the industry average, outperforming 58.91% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AIN is below the industry average of 10.73%.
| 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
The Profit Margin of AIN (9.68%) is better than 72.87% of its industry peers.
AIN's Profit Margin has improved in the last couple of years.
The Operating Margin of AIN (14.65%) is better than 75.97% of its industry peers.
AIN's Operating Margin has been stable in the last couple of years.
AIN has a better Gross Margin (36.91%) than 72.87% of its industry peers.
In the last couple of years the Gross Margin of AIN has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AIN is destroying value.
AIN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AIN has less shares outstanding
Compared to 1 year ago, AIN has an improved debt to assets ratio.
2.2 Solvency
AIN has an Altman-Z score of 4.00. This indicates that AIN is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of AIN (4.00) is better than 67.44% of its industry peers.
AIN has a debt to FCF ratio of 7.18. This is a slightly negative value and a sign of low solvency as AIN would need 7.18 years to pay back of all of its debts.
AIN has a Debt to FCF ratio (7.18) which is in line with 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 | 4 |
ROIC/WACC0.84
WACC8.95%
2.3 Liquidity
A Current Ratio of 3.53 indicates that AIN has no problem at all paying its short term obligations.
AIN has a Current ratio of 3.53. This is amongst the best in the industry. AIN outperforms 83.72% of its industry peers.
A Quick Ratio of 2.85 indicates that AIN has no problem at all paying its short term obligations.
AIN has a Quick ratio of 2.85. This is amongst the best in the industry. AIN outperforms 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%.
The Earnings Per Share has been growing slightly by 6.54% on average over the past years.
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
The Earnings Per Share is expected to grow by 14.69% on average over the next years. This is quite good.
AIN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.31% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 21.75, which indicates a rather expensive current valuation of AIN.
Based on the Price/Earnings ratio, AIN is valued a bit cheaper than the industry average as 60.47% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AIN to the average of the S&P500 Index (25.20), we can say AIN is valued inline with the index average.
With a Price/Forward Earnings ratio of 22.07, AIN is valued on the expensive side.
AIN's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of AIN to the average of the S&P500 Index (21.60), we can say AIN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 22.07 |
4.2 Price Multiples
60.47% of the companies in the same industry are more expensive than AIN, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AIN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.25 | ||
| EV/EBITDA | 12.39 |
4.3 Compensation for Growth
AIN has a very decent profitability rating, which 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)3.32
EPS Next 2Y8.33%
EPS Next 3Y14.69%
5. Dividend
5.1 Amount
AIN has a Yearly Dividend Yield of 1.18%.
Compared to an average industry Dividend Yield of 1.71, AIN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, AIN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
5.2 History
The dividend of AIN is nicely growing with an annual growth rate of 8.06%!
AIN has been paying a dividend for at least 10 years, so it has a reliable track record.
AIN has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
The dividend of AIN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.04%
EPS Next 2Y8.33%
EPS Next 3Y14.69%
ALBANY INTL CORP-CL A
NYSE:AIN (4/23/2024, 7:04:00 PM)
After market: 88.08 0 (0%)88.08
+0.51 (+0.58%)
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 Cap2.75B
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 | 21.75 | ||
| Fwd PE | 22.07 | ||
| 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)3.32
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