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 81 industry peers in the Automobile Components industry. AXL has a bad profitability rating. Also its financial health evaluation is rather negative. AXL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year AXL was profitable.
AXL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AXL reported negative net income in multiple years.
AXL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AXL has a Return On Assets of -0.16%. This is in the lower half of the industry: AXL underperforms 77.78% of its industry peers.
The Return On Equity of AXL (-1.38%) is worse than 79.01% of its industry peers.
With a Return On Invested Capital value of 4.02%, AXL is not doing good in the industry: 79.01% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for AXL is below the industry average of 9.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.16% | ||
| ROE | -1.38% | ||
| ROIC | 4.02% |
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
AXL has a Operating Margin of 3.40%. This is in the lower half of the industry: AXL underperforms 76.54% of its industry peers.
In the last couple of years the Operating Margin of AXL has declined.
With a Gross Margin value of 10.69%, AXL is not doing good in the industry: 87.65% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of AXL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.4% | ||
| PM (TTM) | N/A | ||
| GM | 10.69% |
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.
Compared to 1 year ago, AXL has more shares outstanding
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
AXL has an Altman-Z score of 1.51. This is a bad value and indicates that AXL is not financially healthy and even has some risk of bankruptcy.
AXL's Altman-Z score of 1.51 is on the low side compared to the rest of the industry. AXL is outperformed by 81.48% of its industry peers.
AXL has a debt to FCF ratio of 15.02. This is a negative value and a sign of low solvency as AXL would need 15.02 years to pay back of all of its debts.
With a Debt to FCF ratio value of 15.02, AXL is not doing good in the industry: 76.54% of the companies in the same industry are doing better.
A Debt/Equity ratio of 4.40 is on the high side and indicates that AXL has dependencies on debt financing.
AXL's Debt to Equity ratio of 4.40 is on the low side compared to the rest of the industry. AXL is outperformed by 92.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | 15.02 | ||
| Altman-Z | 1.51 |
ROIC/WACC0.54
WACC7.43%
2.3 Liquidity
A Current Ratio of 1.69 indicates that AXL should not have too much problems paying its short term obligations.
AXL's Current ratio of 1.69 is on the low side compared to the rest of the industry. AXL is outperformed by 77.78% of its industry peers.
AXL has a Quick Ratio of 1.31. This is a normal value and indicates that AXL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.31, AXL belongs to the top of the industry, outperforming 80.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
AXL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.61%.
AXL shows a small growth in Revenue. In the last year, the Revenue has grown by 5.67%.
The Revenue has been decreasing by -3.51% on average over the past years.
EPS 1Y (TTM)-75.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1900%
Revenue 1Y (TTM)5.67%
Revenue growth 3Y8.87%
Revenue growth 5Y-3.51%
Sales Q2Q%7.56%
3.2 Future
The Earnings Per Share is expected to grow by 123.57% on average over the next years. This is a very strong growth
AXL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.45% yearly.
EPS Next Y520.46%
EPS Next 2Y200.07%
EPS Next 3Y123.57%
EPS Next 5YN/A
Revenue Next Year3.64%
Revenue Next 2Y2.04%
Revenue Next 3Y1.45%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
AXL is valuated quite expensively with a Price/Earnings ratio of 72.10.
AXL's Price/Earnings ratio is rather expensive when compared to the industry. AXL is more expensive than 80.25% of the companies in the same industry.
AXL's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.41.
A Price/Forward Earnings ratio of 11.44 indicates a reasonable valuation of AXL.
The rest of the industry has a similar Price/Forward Earnings ratio as AXL.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.59, AXL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 72.1 | ||
| Fwd PE | 11.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AXL is valued a bit cheaper than the industry average as 71.60% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AXL indicates a rather cheap valuation: AXL is cheaper than 85.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.61 | ||
| EV/EBITDA | 4.51 |
4.3 Compensation for Growth
The 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 123.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y200.07%
EPS Next 3Y123.57%
5. Dividend
5.1 Amount
No dividends for AXL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AMERICAN AXLE & MFG HOLDINGS
NYSE:AXL (7/26/2024, 7:17:57 PM)
After market: 7.21 0 (0%)7.21
+0.18 (+2.56%)
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 Cap847.54M
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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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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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 | 72.1 | ||
| Fwd PE | 11.44 | ||
| 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)0.14
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.16% | ||
| ROE | -1.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.4% | ||
| PM (TTM) | N/A | ||
| GM | 10.69% | ||
| 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 Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.31 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-75.61%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y520.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.67%
Revenue growth 3Y8.87%
Revenue growth 5Y
Sales 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