ANDRITZ AG (AZ2.DE) Stock Fundamental Analysis
Europe - FRA:AZ2 - AT0000730007 - Common Stock
61.15 EUR
+0.1 (+0.16%)
Overall AZ2 gets a fundamental rating of 6 out of 10. We evaluated AZ2 against 103 industry peers in the Machinery industry. While AZ2 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AZ2 is not valued too expensively and it also shows a decent growth rate. AZ2 also has an excellent dividend rating. These ratings could make AZ2 a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
AZ2 had positive earnings in the past year.
AZ2 had a positive operating cash flow in the past year.
In the past 5 years AZ2 has always been profitable.
In the past 5 years AZ2 always reported a positive cash flow from operatings.
1.2 Ratios
AZ2 has a Return On Assets of 5.98%. This is in the better half of the industry: AZ2 outperforms 77.67% of its industry peers.
The Return On Equity of AZ2 (21.38%) is better than 87.38% of its industry peers.
AZ2 has a better Return On Invested Capital (14.33%) than 89.32% of its industry peers.
AZ2 had an Average Return On Invested Capital over the past 3 years of 13.75%. This is significantly above the industry average of 8.61%.
The 3 year average ROIC (13.75%) for AZ2 is below the current ROIC(14.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 21.38% | ||
| ROIC | 14.33% |
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
AZ2's Profit Margin of 5.81% is fine compared to the rest of the industry. AZ2 outperforms 68.93% of its industry peers.
In the last couple of years the Profit Margin of AZ2 has grown nicely.
Looking at the Operating Margin, with a value of 7.65%, AZ2 is in the better half of the industry, outperforming 63.11% of the companies in the same industry.
In the last couple of years the Operating Margin of AZ2 has grown nicely.
With a decent Gross Margin value of 51.20%, AZ2 is doing good in the industry, outperforming 66.99% 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 | 7.65% | ||
| PM (TTM) | 5.81% | ||
| GM | 51.2% |
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
AZ2 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for AZ2 has been reduced compared to 1 year ago.
AZ2 has less shares outstanding than it did 5 years ago.
AZ2 has a better debt/assets ratio than last year.
2.2 Solvency
AZ2 has an Altman-Z score of 2.51. This is not the best score and indicates that AZ2 is in the grey zone with still only limited risk for bankruptcy at the moment.
AZ2 has a Altman-Z score (2.51) which is in line with its industry peers.
AZ2 has a debt to FCF ratio of 2.45. This is a good value and a sign of high solvency as AZ2 would need 2.45 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.45, AZ2 is doing good in the industry, outperforming 73.79% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that AZ2 is not too dependend on debt financing.
AZ2 has a Debt to Equity ratio of 0.17. This is in the better half of the industry: AZ2 outperforms 71.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 2.51 |
ROIC/WACC2.09
WACC6.85%
2.3 Liquidity
A Current Ratio of 1.11 indicates that AZ2 should not have too much problems paying its short term obligations.
AZ2 has a worse Current ratio (1.11) than 76.70% of its industry peers.
AZ2 has a Quick Ratio of 1.11. This is a bad value and indicates that AZ2 is not financially healthy enough and could expect problems in meeting its short term obligations.
AZ2 has a worse Quick ratio (0.85) than 62.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The earnings per share for AZ2 have decreased by -7.47% in the last year.
Measured over the past years, AZ2 shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.53% on average per year.
The Revenue has decreased by -6.55% in the past year.
Measured over the past years, AZ2 shows a small growth in Revenue. The Revenue has been growing by 4.49% on average per year.
EPS 1Y (TTM)-7.47%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-12.61%
Revenue 1Y (TTM)-6.55%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-10%
3.2 Future
Based on estimates for the next years, AZ2 will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.63% on average per year.
AZ2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.81% yearly.
EPS Next Y-1.19%
EPS Next 2Y7.41%
EPS Next 3Y8.63%
EPS Next 5YN/A
Revenue Next Year-4.94%
Revenue Next 2Y1.81%
Revenue Next 3Y3.32%
Revenue Next 5Y4.81%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.98, AZ2 is valued correctly.
Based on the Price/Earnings ratio, AZ2 is valued a bit cheaper than 76.70% of the companies in the same industry.
AZ2 is valuated cheaply when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.60 indicates a reasonable valuation of AZ2.
Based on the Price/Forward Earnings ratio, AZ2 is valued a bit cheaper than 72.82% of the companies in the same industry.
AZ2's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.98 | ||
| Fwd PE | 10.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AZ2 is valued a bit cheaper than the industry average as 72.82% of the companies are valued more expensively.
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 | 21.04 | ||
| EV/EBITDA | 6.85 |
4.3 Compensation for Growth
The excellent profitability rating of AZ2 may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y7.41%
EPS Next 3Y8.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.26%, AZ2 is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.44, AZ2 pays a better dividend. On top of this AZ2 pays more dividend than 93.20% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, AZ2 pays a better dividend.
| 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
54.71% of the earnings are spent on dividend by AZ2. This is a bit on the high side, but may be sustainable.
The dividend of AZ2 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP54.71%
EPS Next 2Y7.41%
EPS Next 3Y8.63%
FRA:AZ2 (10/16/2025, 7:00:00 PM)
61.15
+0.1 (+0.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners32.37%
Inst Owner ChangeN/A
Ins Owners31.5%
Ins Owner ChangeN/A
Market Cap6.36B
Analysts82.67
Price Target71.69 (17.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.53
Dividend Growth(5Y)10.14%
DP54.71%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.07%
Min EPS beat(2)-7.74%
Max EPS beat(2)-6.4%
EPS beat(4)1
Avg EPS beat(4)-4.62%
Min EPS beat(4)-7.89%
Max EPS beat(4)3.55%
EPS beat(8)3
Avg EPS beat(8)-2.24%
EPS beat(12)6
Avg EPS beat(12)1.56%
EPS beat(16)7
Avg EPS beat(16)-0.75%
Revenue beat(2)0
Avg Revenue beat(2)-3.61%
Min Revenue beat(2)-3.91%
Max Revenue beat(2)-3.31%
Revenue beat(4)0
Avg Revenue beat(4)-4.71%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-3.31%
Revenue beat(8)2
Avg Revenue beat(8)-2.69%
Revenue beat(12)6
Avg Revenue beat(12)1.16%
Revenue beat(16)7
Avg Revenue beat(16)0.41%
PT rev (1m)1.69%
PT rev (3m)0.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.99%
EPS NY rev (1m)-1.85%
EPS NY rev (3m)-6.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.98 | ||
| Fwd PE | 10.6 | ||
| P/S | 0.8 | ||
| P/FCF | 21.04 | ||
| P/OCF | 12.82 | ||
| P/B | 2.93 | ||
| P/tB | 5.65 | ||
| EV/EBITDA | 6.85 |
EPS(TTM)4.71
EY7.7%
EPS(NY)5.77
Fwd EY9.43%
FCF(TTM)2.91
FCFY4.75%
OCF(TTM)4.77
OCFY7.8%
SpS76.72
BVpS20.86
TBVpS10.82
PEG (NY)N/A
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 21.38% | ||
| ROCE | 19.09% | ||
| ROIC | 14.33% | ||
| ROICexc | 22.51% | ||
| ROICexgc | 46.23% | ||
| OM | 7.65% | ||
| PM (TTM) | 5.81% | ||
| GM | 51.2% | ||
| FCFM | 3.79% |
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%
ROICexcg growth 3Y1.37%
ROICexcg 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 Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.45 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 84.89% | ||
| Cap/Sales | 2.43% | ||
| Interest Coverage | 18.78 | ||
| Cash Conversion | 59.14% | ||
| Profit Quality | 65.16% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 2.51 |
F-Score6
WACC6.85%
ROIC/WACC2.09
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)-7.47%
EPS 3Y15.21%
EPS 5Y31.53%
EPS Q2Q%-12.61%
EPS Next Y-1.19%
EPS Next 2Y7.41%
EPS Next 3Y8.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.55%
Revenue growth 3Y8.76%
Revenue growth 5Y4.49%
Sales Q2Q%-10%
Revenue Next Year-4.94%
Revenue Next 2Y1.81%
Revenue Next 3Y3.32%
Revenue Next 5Y4.81%
EBIT growth 1Y-12.04%
EBIT growth 3Y13.07%
EBIT growth 5Y19.71%
EBIT Next Year24.43%
EBIT Next 3Y15.78%
EBIT Next 5YN/A
FCF growth 1Y395.57%
FCF growth 3Y2.58%
FCF growth 5Y-8.28%
OCF growth 1Y127.26%
OCF growth 3Y6.07%
OCF growth 5Y-5.06%