ANDRITZ AG (AZ2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AZ2 - AT0000730007 - Common Stock
71.35 EUR
+0.2 (+0.28%)
We assign a fundamental rating of 5 out of 10 to AZ2. AZ2 was compared to 114 industry peers in the Machinery industry. AZ2 scores excellent on profitability, but there are some minor concerns on its financial health. AZ2 is valued correctly, but it does not seem to be growing. AZ2 also has an excellent dividend rating. These ratings could make AZ2 a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
- In the past year AZ2 was profitable.
- AZ2 had a positive operating cash flow in the past year.
- In the past 5 years AZ2 has always been profitable.
- Each year in the past 5 years AZ2 had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of AZ2 (5.55%) is better than 72.17% of its industry peers.
- AZ2's Return On Equity of 19.97% is amongst the best of the industry. AZ2 outperforms 85.22% of its industry peers.
- AZ2's Return On Invested Capital of 12.84% is amongst the best of the industry. AZ2 outperforms 85.22% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for AZ2 is above the industry average of 9.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.55% | ||
| ROE | 19.97% | ||
| ROIC | 12.84% |
ROA(3y)5.64%
ROA(5y)4.82%
ROE(3y)22.46%
ROE(5y)20.91%
ROIC(3y)13.75%
ROIC(5y)11.75%
1.3 Margins
- With a decent Profit Margin value of 5.84%, AZ2 is doing good in the industry, outperforming 61.74% of the companies in the same industry.
- In the last couple of years the Profit Margin of AZ2 has grown nicely.
- AZ2 has a Operating Margin (7.53%) which is comparable to the rest of the industry.
- AZ2's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 51.89%, AZ2 is in the better half of the industry, outperforming 67.83% of the companies in the same industry.
- AZ2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.53% | ||
| PM (TTM) | 5.84% | ||
| GM | 51.89% |
OM growth 3Y3.96%
OM growth 5Y14.56%
PM growth 3Y5.84%
PM growth 5Y25.54%
GM growth 3Y0.42%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AZ2 is creating value.
- AZ2 has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for AZ2 has been reduced compared to 5 years ago.
- AZ2 has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.47 indicates that AZ2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
- AZ2 has a Altman-Z score (2.47) which is comparable to the rest of the industry.
- AZ2 has a debt to FCF ratio of 2.38. This is a good value and a sign of high solvency as AZ2 would need 2.38 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 2.38, AZ2 is doing good in the industry, outperforming 75.65% of the companies in the same industry.
- AZ2 has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.21, AZ2 is doing good in the industry, outperforming 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | 2.47 |
ROIC/WACC1.81
WACC7.1%
2.3 Liquidity
- AZ2 has a Current Ratio of 1.11. This is a normal value and indicates that AZ2 is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.11, AZ2 is doing worse than 77.39% of the companies in the same industry.
- A Quick Ratio of 0.84 indicates that AZ2 may have some problems paying its short term obligations.
- With a Quick ratio value of 0.84, AZ2 is not doing good in the industry: 64.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The earnings per share for AZ2 have decreased by -7.36% in the last year.
- AZ2 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.53% yearly.
- Looking at the last year, AZ2 shows a decrease in Revenue. The Revenue has decreased by -7.68% in the last year.
- AZ2 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.49% yearly.
EPS 1Y (TTM)-7.36%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-4.2%
Revenue 1Y (TTM)-7.68%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-7.57%
3.2 Future
- AZ2 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.84% yearly.
- The Revenue is expected to grow by 4.81% on average over the next years.
EPS Next Y-4.79%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
EPS Next 5Y6.84%
Revenue Next Year-5.29%
Revenue Next 2Y1.82%
Revenue Next 3Y3.34%
Revenue Next 5Y4.81%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.31, the valuation of AZ2 can be described as correct.
- AZ2's Price/Earnings ratio is a bit cheaper when compared to the industry. AZ2 is cheaper than 79.13% of the companies in the same industry.
- When comparing the Price/Earnings ratio of AZ2 to the average of the S&P500 Index (27.47), we can say AZ2 is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 12.62, the valuation of AZ2 can be described as correct.
- 68.70% of the companies in the same industry are more expensive than AZ2, based on the Price/Forward Earnings ratio.
- AZ2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.31 | ||
| Fwd PE | 12.62 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AZ2 indicates a somewhat cheap valuation: AZ2 is cheaper than 66.09% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of AZ2 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.74 | ||
| EV/EBITDA | 8.27 |
4.3 Compensation for Growth
- The decent profitability rating of AZ2 may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2Y6.35%
EPS Next 3Y8.21%
5. Dividend
5.1 Amount
- AZ2 has a Yearly Dividend Yield of 4.26%, which is a nice return.
- Compared to an average industry Dividend Yield of 1.53, AZ2 pays a better dividend. On top of this AZ2 pays more dividend than 93.91% of the companies listed in the same industry.
- AZ2's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
- The dividend of AZ2 is nicely growing with an annual growth rate of 10.14%!
Dividend Growth(5Y)10.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- AZ2 pays out 55.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
- AZ2's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.55%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
FRA:AZ2 (1/16/2026, 7:00:00 PM)
71.35
+0.2 (+0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-30 2025-10-30/dmh
Earnings (Next)03-05 2026-03-05/bmo
Inst Owners31.57%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap7.42B
Revenue(TTM)7.82B
Net Income(TTM)456.90M
Analysts84.62
Price Target71.44 (0.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.53
Dividend Growth(5Y)10.14%
DP55.55%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.65%
Min EPS beat(2)-6.4%
Max EPS beat(2)-2.9%
EPS beat(4)1
Avg EPS beat(4)-3.37%
Min EPS beat(4)-7.74%
Max EPS beat(4)3.55%
EPS beat(8)2
Avg EPS beat(8)-3.46%
EPS beat(12)5
Avg EPS beat(12)0.61%
EPS beat(16)7
Avg EPS beat(16)0.02%
Revenue beat(2)0
Avg Revenue beat(2)-4.13%
Min Revenue beat(2)-4.94%
Max Revenue beat(2)-3.31%
Revenue beat(4)0
Avg Revenue beat(4)-4.59%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-3.31%
Revenue beat(8)1
Avg Revenue beat(8)-3.44%
Revenue beat(12)5
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)0.36%
PT rev (1m)0%
PT rev (3m)-0.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.31 | ||
| Fwd PE | 12.62 | ||
| P/S | 0.95 | ||
| P/FCF | 21.74 | ||
| P/OCF | 13.61 | ||
| P/B | 3.24 | ||
| P/tB | 6.88 | ||
| EV/EBITDA | 8.27 |
EPS(TTM)4.66
EY6.53%
EPS(NY)5.66
Fwd EY7.93%
FCF(TTM)3.28
FCFY4.6%
OCF(TTM)5.24
OCFY7.35%
SpS75.23
BVpS22
TBVpS10.37
PEG (NY)N/A
PEG (5Y)0.49
Graham Number48.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.55% | ||
| ROE | 19.97% | ||
| ROCE | 17.11% | ||
| ROIC | 12.84% | ||
| ROICexc | 19.12% | ||
| ROICexgc | 40.04% | ||
| OM | 7.53% | ||
| PM (TTM) | 5.84% | ||
| GM | 51.89% | ||
| FCFM | 4.36% |
ROA(3y)5.64%
ROA(5y)4.82%
ROE(3y)22.46%
ROE(5y)20.91%
ROIC(3y)13.75%
ROIC(5y)11.75%
ROICexc(3y)27.92%
ROICexc(5y)23.65%
ROICexgc(3y)67%
ROICexgc(5y)55.73%
ROCE(3y)18.46%
ROCE(5y)15.74%
ROICexgc growth 3Y1.37%
ROICexgc growth 5Y14.82%
ROICexc growth 3Y6.72%
ROICexc growth 5Y18.35%
OM growth 3Y3.96%
OM growth 5Y14.56%
PM growth 3Y5.84%
PM growth 5Y25.54%
GM growth 3Y0.42%
GM growth 5Y-0.28%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.38 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 84.54% | ||
| Cap/Sales | 2.61% | ||
| Interest Coverage | 17.24 | ||
| Cash Conversion | 65.65% | ||
| Profit Quality | 74.72% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 2.47 |
F-Score6
WACC7.1%
ROIC/WACC1.81
Cap/Depr(3y)72.22%
Cap/Depr(5y)59.44%
Cap/Sales(3y)2.06%
Cap/Sales(5y)1.84%
Profit Quality(3y)89.01%
Profit Quality(5y)115.27%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.36%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-4.2%
EPS Next Y-4.79%
EPS Next 2Y6.35%
EPS Next 3Y8.21%
EPS Next 5Y6.84%
Revenue 1Y (TTM)-7.68%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-7.57%
Revenue Next Year-5.29%
Revenue Next 2Y1.82%
Revenue Next 3Y3.34%
Revenue Next 5Y4.81%
EBIT growth 1Y-14.61%
EBIT growth 3Y13.07%
EBIT growth 5Y19.71%
EBIT Next Year24.56%
EBIT Next 3Y15.75%
EBIT Next 5Y12.61%
FCF growth 1Y88.93%
FCF growth 3Y2.58%
FCF growth 5Y-8.28%
OCF growth 1Y58.96%
OCF growth 3Y6.07%
OCF growth 5Y-5.06%
ANDRITZ AG / AZ2.DE FAQ
Can you provide the ChartMill fundamental rating for ANDRITZ AG?
ChartMill assigns a fundamental rating of 5 / 10 to AZ2.DE.
What is the valuation status of ANDRITZ AG (AZ2.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to ANDRITZ AG (AZ2.DE). This can be considered as Fairly Valued.
What is the profitability of AZ2 stock?
ANDRITZ AG (AZ2.DE) has a profitability rating of 7 / 10.
How financially healthy is ANDRITZ AG?
The financial health rating of ANDRITZ AG (AZ2.DE) is 5 / 10.
Is the dividend of ANDRITZ AG sustainable?
The dividend rating of ANDRITZ AG (AZ2.DE) is 7 / 10 and the dividend payout ratio is 55.55%.