AMERICAN AXLE & MFG HOLDINGS (AXL)
US0240611030 - Common Stock
Taking everything into account, AXL scores 3 out of 10 in our fundamental rating. AXL was compared to 42 industry peers in the Automobile Components industry. Both the profitability and financial health of AXL have multiple concerns. AXL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AXL had negative earnings in the past year.
In the past year AXL had a positive cash flow from operations.
In multiple years AXL reported negative net income over the last 5 years.
Each year in the past 5 years AXL had a positive operating cash flow.
1.2 Ratios
AXL has a Return On Assets (-0.63%) which is comparable to the rest of the industry.
The Return On Equity of AXL (-5.55%) is worse than 61.90% of its industry peers.
AXL has a worse Return On Invested Capital (3.27%) than 61.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AXL is below the industry average of 9.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.63% | ||
| ROE | -5.55% | ||
| ROIC | 3.27% |
ROA(3y)0.2%
ROA(5y)-3.24%
ROE(3y)1.84%
ROE(5y)-39.11%
ROIC(3y)4.46%
ROIC(5y)4.5%
1.3 Margins
The Operating Margin of AXL (2.83%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AXL has declined.
AXL has a worse Gross Margin (10.27%) than 76.19% of its industry peers.
In the last couple of years the Gross Margin of AXL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.83% | ||
| PM (TTM) | N/A | ||
| GM | 10.27% |
OM growth 3Y-9.93%
OM growth 5Y-20.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-8.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AXL is destroying value.
The number of shares outstanding for AXL has been increased compared to 1 year ago.
AXL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AXL has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that AXL is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.45, AXL is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
AXL has a debt to FCF ratio of 13.89. This is a negative value and a sign of low solvency as AXL would need 13.89 years to pay back of all of its debts.
AXL has a Debt to FCF ratio (13.89) which is comparable to the rest of the industry.
AXL has a Debt/Equity ratio of 4.55. This is a high value indicating a heavy dependency on external financing.
AXL has a worse Debt to Equity ratio (4.55) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.55 | ||
| Debt/FCF | 13.89 | ||
| Altman-Z | 1.45 |
ROIC/WACC0.44
WACC7.44%
2.3 Liquidity
A Current Ratio of 1.67 indicates that AXL should not have too much problems paying its short term obligations.
AXL's Current ratio of 1.67 is on the low side compared to the rest of the industry. AXL is outperformed by 61.90% of its industry peers.
A Quick Ratio of 1.27 indicates that AXL should not have too much problems paying its short term obligations.
AXL's Quick ratio of 1.27 is fine compared to the rest of the industry. AXL outperforms 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
AXL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -114.75%.
The Revenue has been growing slightly by 4.78% in the past year.
AXL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.51% yearly.
EPS 1Y (TTM)-114.75%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-28.57%
Revenue 1Y (TTM)4.78%
Revenue growth 3Y8.87%
Revenue growth 5Y-3.51%
Revenue growth Q2Q5.05%
3.2 Future
Based on estimates for the next years, AXL will show a very strong growth in Earnings Per Share. The EPS will grow by 128.00% on average per year.
Based on estimates for the next years, AXL will show a small growth in Revenue. The Revenue will grow by 0.90% on average per year.
EPS Next Y447.52%
EPS Next 2Y179.99%
EPS Next 3Y128.01%
EPS Next 5YN/A
Revenue Next Year2.65%
Revenue Next 2Y1.64%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for AXL. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 22.41 indicates a rather expensive valuation of AXL.
AXL's Price/Forward Earnings ratio is in line with the industry average.
AXL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.41 |
4.2 Price Multiples
AXL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AXL is cheaper than 85.71% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AXL is valued cheaper than 95.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.13 | ||
| EV/EBITDA | 4.66 |
4.3 Compensation for Growth
AXL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AXL's earnings are expected to grow with 128.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y179.99%
EPS Next 3Y128.01%
5. Dividend
5.1 Amount
No dividends for AXL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AMERICAN AXLE & MFG HOLDINGS
NYSE:AXL (4/19/2024, 11:49:45 AM)
7.01
+0.03 (+0.43%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap823.96M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)
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Min EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | N/A | ||
| Fwd PE | 22.41 | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.63% | ||
| ROE | -5.55% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.83% | ||
| PM (TTM) | N/A | ||
| GM | 10.27% | ||
| 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 Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.55 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.67 | ||
| Quick Ratio | 1.27 | ||
| 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)-114.75%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y447.52%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.78%
Revenue growth 3Y8.87%
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