AZIMUT HOLDING SPA (AZM.MI) Stock Fundamental Analysis
BIT:AZM • IT0003261697
35.41 EUR
+0.35 (+1%)
Last: Feb 20, 2026, 05:35 PM
Overall AZM gets a fundamental rating of 5 out of 10. We evaluated AZM against 120 industry peers in the Capital Markets industry. While AZM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AZM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- AZM had positive earnings in the past year.
- AZM had a negative 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
- AZM has a better Return On Assets (7.29%) than 81.67% of its industry peers.
- With an excellent Return On Equity value of 39.51%, AZM belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
- AZM has a Return On Invested Capital of 7.29%. This is in the better half of the industry: AZM outperforms 75.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.29% | ||
| ROE | 39.51% | ||
| ROIC | 7.29% |
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
- AZM has a better Profit Margin (36.34%) than 79.17% of its industry peers.
- In the last couple of years the Profit Margin of AZM has grown nicely.
- The Operating Margin of AZM (49.15%) is better than 85.00% of its industry peers.
- AZM's Operating Margin has improved in the last couple of years.
- AZM's Gross Margin of 71.74% is fine compared to the rest of the industry. AZM outperforms 75.00% 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 | 49.15% | ||
| PM (TTM) | 36.34% | ||
| GM | 71.74% |
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 1.17, we must say that AZM is in the distress zone and has some risk of bankruptcy.
- AZM has a Altman-Z score (1.17) which is in line with its industry peers.
- A Debt/Equity ratio of 0.03 indicates that AZM is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.03, AZM belongs to the best of the industry, outperforming 88.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.17 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 8.00 indicates that AZM has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 8.00, AZM belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
- A Quick Ratio of 8.00 indicates that AZM has no problem at all paying its short term obligations.
- AZM has a better Quick ratio (8.00) than 96.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8 | ||
| Quick Ratio | 8 |
3. Growth
3.1 Past
- AZM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.43%.
- AZM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.45% yearly.
- AZM shows a decrease in Revenue. In the last year, the revenue decreased by -1.96%.
- The Revenue has been growing slightly by 5.22% on average over the past years.
EPS 1Y (TTM)-3.43%
EPS 3Y-1.49%
EPS 5Y9.45%
EPS Q2Q%23.98%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%9.23%
3.2 Future
- Based on estimates for the next years, AZM will show a small growth in Earnings Per Share. The EPS will grow by 1.18% on average per year.
- The Revenue is expected to grow by 2.30% on average over the next years.
EPS Next Y-17.21%
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
EPS Next 5Y1.18%
Revenue Next Year-4.94%
Revenue Next 2Y1.36%
Revenue Next 3Y3%
Revenue Next 5Y2.3%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 8.59 indicates a reasonable valuation of AZM.
- Compared to the rest of the industry, the Price/Earnings ratio of AZM indicates a rather cheap valuation: AZM is cheaper than 90.83% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of AZM to the average of the S&P500 Index (26.99), we can say AZM is valued rather cheaply.
- With a Price/Forward Earnings ratio of 6.32, the valuation of AZM can be described as very cheap.
- Based on the Price/Forward Earnings ratio, AZM is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- AZM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.06.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.59 | ||
| Fwd PE | 6.32 |
4.2 Price Multiples
- AZM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AZM is cheaper than 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.42 |
4.3 Compensation for Growth
- AZM has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as AZM's earnings are expected to decrease with -2.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.91
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
5. Dividend
5.1 Amount
- AZM has a Yearly Dividend Yield of 5.06%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.15, AZM pays a better dividend. On top of this AZM pays more dividend than 83.33% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.85, AZM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.06% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- AZM pays out 46.50% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP46.5%
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
BIT:AZM (2/20/2026, 5:35:15 PM)
35.41
+0.35 (+1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06 2025-11-06
Earnings (Next)03-05 2026-03-05/amc
Inst Owners31.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.07B
Revenue(TTM)2.08B
Net Income(TTM)755.10M
Analysts71.67
Price Target36.9 (4.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.06% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP46.5%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)3.58%
PT rev (3m)8.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.3%
EPS NY rev (3m)7.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.59 | ||
| Fwd PE | 6.32 | ||
| P/S | 2.44 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.65 | ||
| P/tB | 4.14 | ||
| EV/EBITDA | 4.42 |
EPS(TTM)4.12
EY11.64%
EPS(NY)5.6
Fwd EY15.82%
FCF(TTM)-1.31
FCFYN/A
OCF(TTM)-1.06
OCFYN/A
SpS14.5
BVpS13.34
TBVpS8.56
PEG (NY)N/A
PEG (5Y)0.91
Graham Number35.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.29% | ||
| ROE | 39.51% | ||
| ROCE | 9.92% | ||
| ROIC | 7.29% | ||
| ROICexc | 7.63% | ||
| ROICexgc | 8.57% | ||
| OM | 49.15% | ||
| PM (TTM) | 36.34% | ||
| GM | 71.74% | ||
| 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
ROICexgc growth 3YN/A
ROICexgc 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-Score5
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 146.34% | ||
| Cap/Sales | 1.74% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 8 | ||
| Quick Ratio | 8 | ||
| Altman-Z | 1.17 |
F-Score5
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)-3.43%
EPS 3Y-1.49%
EPS 5Y9.45%
EPS Q2Q%23.98%
EPS Next Y-17.21%
EPS Next 2Y16.62%
EPS Next 3Y-2.17%
EPS Next 5Y1.18%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y-2.33%
Revenue growth 5Y5.22%
Sales Q2Q%9.23%
Revenue Next Year-4.94%
Revenue Next 2Y1.36%
Revenue Next 3Y3%
Revenue Next 5Y2.3%
EBIT growth 1Y9.4%
EBIT growth 3Y-2.76%
EBIT growth 5Y7.16%
EBIT Next Year-0.29%
EBIT Next 3Y-1.07%
EBIT Next 5YN/A
FCF growth 1Y-156.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-139.52%
OCF growth 3YN/A
OCF growth 5YN/A
AZIMUT HOLDING SPA / AZM.MI FAQ
Can you provide the ChartMill fundamental rating for AZIMUT HOLDING SPA?
ChartMill assigns a fundamental rating of 5 / 10 to AZM.MI.
What is the valuation status of AZIMUT HOLDING SPA (AZM.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to AZIMUT HOLDING SPA (AZM.MI). This can be considered as Fairly Valued.
What is the profitability of AZM stock?
AZIMUT HOLDING SPA (AZM.MI) has a profitability rating of 7 / 10.
What is the financial health of AZIMUT HOLDING SPA (AZM.MI) stock?
The financial health rating of AZIMUT HOLDING SPA (AZM.MI) is 5 / 10.
Can you provide the expected EPS growth for AZM stock?
The Earnings per Share (EPS) of AZIMUT HOLDING SPA (AZM.MI) is expected to decline by -17.21% in the next year.