AZIMUT HOLDING SPA (AZM.MI) Stock Fundamental Analysis
BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
AZM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 107 industry peers in the Capital Markets industry. AZM scores excellent on profitability, but there are some minor concerns on its financial health. AZM is not valued too expensively and it also shows a decent growth rate. AZM also has an excellent dividend rating. This makes AZM very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
AZM had positive earnings in the past year.
AZM had a positive operating cash flow in the past year.
In the past 5 years AZM has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: AZM reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.91%, AZM belongs to the top of the industry, outperforming 85.05% of the companies in the same industry.
Looking at the Return On Equity, with a value of 39.93%, AZM belongs to the top of the industry, outperforming 98.13% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.08%, AZM is doing good in the industry, outperforming 77.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.91% | ||
| ROE | 39.93% | ||
| ROIC | 7.08% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 38.65%, AZM belongs to the top of the industry, outperforming 82.24% of the companies in the same industry.
AZM's Profit Margin has improved in the last couple of years.
AZM has a Operating Margin of 46.68%. This is amongst the best in the industry. AZM outperforms 86.92% of its industry peers.
In the last couple of years the Operating Margin of AZM has grown nicely.
The Gross Margin of AZM (72.63%) is better than 74.77% of its industry peers.
In the last couple of years the Gross Margin of AZM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.68% | ||
| PM (TTM) | 38.65% | ||
| GM | 72.63% |
OM growth 3Y-0.44%
OM growth 5Y1.85%
PM growth 3Y0.71%
PM growth 5Y3.84%
GM growth 3Y-0.13%
GM growth 5Y0.79%
2. Health
2.1 Basic Checks
AZM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 1.10, we must say that AZM is in the distress zone and has some risk of bankruptcy.
AZM has a Altman-Z score of 1.10. This is comparable to the rest of the industry: AZM outperforms 57.94% of its industry peers.
AZM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AZM's Debt to Equity ratio of 0.03 is amongst the best of the industry. AZM outperforms 85.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.1 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 7.55 indicates that AZM has no problem at all paying its short term obligations.
AZM has a Current ratio of 7.55. This is amongst the best in the industry. AZM outperforms 92.52% of its industry peers.
AZM has a Quick Ratio of 7.55. This indicates that AZM is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of AZM (7.55) is better than 92.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.55 | ||
| Quick Ratio | 7.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.18% over the past year.
AZM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.13% yearly.
Looking at the last year, AZM shows a small growth in Revenue. The Revenue has grown by 0.68% in the last year.
AZM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.22% yearly.
EPS 1Y (TTM)19.18%
EPS 3Y-1.96%
EPS 5Y9.13%
EPS Q2Q%-0.97%
Revenue 1Y (TTM)0.68%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%-8.54%
3.2 Future
AZM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.71% yearly.
Based on estimates for the next years, AZM will show a small growth in Revenue. The Revenue will grow by 1.13% on average per year.
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y0.71%
Revenue Next Year-3.77%
Revenue Next 2Y1.02%
Revenue Next 3Y1.13%
Revenue Next 5YN/A
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.
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
A Price/Earnings ratio of 6.27 indicates a rather cheap valuation of AZM.
92.52% of the companies in the same industry are more expensive than AZM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.43. AZM is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.66, which indicates a very decent valuation of AZM.
AZM's Price/Forward Earnings ratio is rather cheap when compared to the industry. AZM is cheaper than 92.52% of the companies in the same industry.
AZM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.17.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 8.66 |
4.2 Price Multiples
93.46% of the companies in the same industry are more expensive than AZM, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.12 |
4.3 Compensation for Growth
AZM has a very decent profitability rating, which may justify a higher PE ratio.
AZM's earnings are expected to decrease with -6.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.69
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
5. Dividend
5.1 Amount
AZM has a Yearly Dividend Yield of 6.78%, which is a nice return.
Compared to an average industry Dividend Yield of 6.30, AZM pays a better dividend. On top of this AZM pays more dividend than 92.52% of the companies listed in the same industry.
AZM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.78% |
5.2 History
The dividend of AZM decreases each year by -0.06%.
Dividend Growth(5Y)-0.06%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
25.97% of the earnings are spent on dividend by AZM. This is a low number and sustainable payout ratio.
DP25.97%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
BIT:AZM (6/4/2025, 7:00:00 PM)
25.75
+0.09 (+0.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners22.93%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.69B
Analysts70.77
Price Target27.26 (5.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.78% |
Yearly Dividend1.7
Dividend Growth(5Y)-0.06%
DP25.97%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.28%
Min EPS beat(2)32.37%
Max EPS beat(2)34.2%
EPS beat(4)3
Avg EPS beat(4)16.8%
Min EPS beat(4)-5.07%
Max EPS beat(4)34.2%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.17%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)5.16%
Revenue beat(4)2
Avg Revenue beat(4)1.92%
Min Revenue beat(4)-2.82%
Max Revenue beat(4)5.44%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.33%
PT rev (3m)1.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-9.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-3.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 8.66 | ||
| P/S | 1.77 | ||
| P/FCF | N/A | ||
| P/OCF | 5855.05 | ||
| P/B | 1.83 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 3.12 |
EPS(TTM)4.11
EY15.96%
EPS(NY)2.97
Fwd EY11.55%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0
OCFY0.02%
SpS14.57
BVpS14.1
TBVpS9.85
PEG (NY)N/A
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.91% | ||
| ROE | 39.93% | ||
| ROCE | 9.63% | ||
| ROIC | 7.08% | ||
| ROICexc | 7.54% | ||
| ROICexgc | 8.45% | ||
| OM | 46.68% | ||
| PM (TTM) | 38.65% | ||
| GM | 72.63% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-0.44%
OM growth 5Y1.85%
PM growth 3Y0.71%
PM growth 5Y3.84%
GM growth 3Y-0.13%
GM growth 5Y0.79%
F-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 0.06% | ||
| Profit Quality | N/A | ||
| Current Ratio | 7.55 | ||
| Quick Ratio | 7.55 | ||
| Altman-Z | 1.1 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)138.48%
Cap/Depr(5y)137.24%
Cap/Sales(3y)3.72%
Cap/Sales(5y)3.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.18%
EPS 3Y-1.96%
EPS 5Y9.13%
EPS Q2Q%-0.97%
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y0.71%
Revenue 1Y (TTM)0.68%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%-8.54%
Revenue Next Year-3.77%
Revenue Next 2Y1.02%
Revenue Next 3Y1.13%
Revenue Next 5YN/A
EBIT growth 1Y1.98%
EBIT growth 3Y-2.76%
EBIT growth 5Y7.16%
EBIT Next Year-9.44%
EBIT Next 3Y0.42%
EBIT Next 5YN/A
FCF growth 1Y-128.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-99.7%
OCF growth 3YN/A
OCF growth 5YN/A