AZIMUT HOLDING SPA (AZM.MI) Stock Fundamental Analysis
BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
AZM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 110 industry peers in the Capital Markets industry. AZM has an excellent profitability rating, but there are some minor concerns on its financial health. AZM has a valuation in line with the averages, but it does not seem to be growing. Finally AZM also has an excellent dividend rating. These ratings could make AZM a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
AZM had positive earnings in the past year.
In the past year AZM had a positive cash flow from operations.
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 85.45% of the companies in the same industry.
AZM has a Return On Equity of 39.93%. This is amongst the best in the industry. AZM outperforms 97.27% of its industry peers.
The Return On Invested Capital of AZM (7.08%) is better than 79.09% of its industry peers.
| 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
AZM has a Profit Margin of 38.65%. This is amongst the best in the industry. AZM outperforms 82.73% of its industry peers.
AZM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 46.68%, AZM belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
In the last couple of years the Operating Margin of AZM has grown nicely.
The Gross Margin of AZM (72.63%) is better than 74.55% 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
There is no outstanding debt for AZM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 1.14, we must say that AZM is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AZM (1.14) is comparable to the rest of the industry.
AZM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AZM has a better Debt to Equity ratio (0.03) than 85.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.14 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AZM has a Current Ratio of 7.55. This indicates that AZM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 7.55, AZM belongs to the top of the industry, outperforming 92.73% of the companies in the same industry.
A Quick Ratio of 7.55 indicates that AZM has no problem at all paying its short term obligations.
AZM's Quick ratio of 7.55 is amongst the best of the industry. AZM outperforms 92.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.55 | ||
| Quick Ratio | 7.55 |
3. Growth
3.1 Past
AZM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.18%, which is quite good.
AZM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.13% yearly.
The Revenue has been growing slightly by 0.68% in the past year.
Measured over the past years, AZM shows a small growth in Revenue. The Revenue has been growing by 5.22% on average per year.
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
The Earnings Per Share is expected to decrease by -4.27% on average over the next years.
AZM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.61% yearly.
EPS Next Y-34%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
EPS Next 5Y-4.27%
Revenue Next Year-3.77%
Revenue Next 2Y1.02%
Revenue Next 3Y1.13%
Revenue Next 5Y0.61%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.15, the valuation of AZM can be described as very cheap.
Based on the Price/Earnings ratio, AZM is valued cheaper than 92.73% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. AZM is valued rather cheaply when compared to this.
AZM is valuated reasonably with a Price/Forward Earnings ratio of 9.88.
Based on the Price/Forward Earnings ratio, AZM is valued cheaply inside the industry as 85.45% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, AZM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.15 | ||
| Fwd PE | 9.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AZM is valued cheaper than 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.65 |
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 -6.50% in the coming years.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.96%, AZM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.06, AZM pays a better dividend. On top of this AZM pays more dividend than 92.73% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, AZM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.96% |
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.
The Dividend Rate of AZM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP25.97%
EPS Next 2Y-15.03%
EPS Next 3Y-6.5%
BIT:AZM (7/11/2025, 7:00:00 PM)
29.37
-0.01 (-0.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners22.02%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.21B
Analysts73.33
Price Target28.53 (-2.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.96% |
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)4.69%
PT rev (3m)3.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.84%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.15 | ||
| Fwd PE | 9.88 | ||
| P/S | 2.02 | ||
| P/FCF | N/A | ||
| P/OCF | 6678.17 | ||
| P/B | 2.08 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 3.65 |
EPS(TTM)4.11
EY13.99%
EPS(NY)2.97
Fwd EY10.12%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0
OCFY0.01%
SpS14.57
BVpS14.1
TBVpS9.85
PEG (NY)N/A
PEG (5Y)0.78
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 | 1.14 |
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 5Y-4.27%
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 5Y0.61%
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