Loading...
Back to narrative

AZM: Future Buybacks And Profit Outlook Will Offset Slightly Higher Discount Rate

Wealth Management And Digital Tools Will Create Future Opportunities

AZM logo
AZM
AnalystConsensusTarget
Not Invested
Published 25 Dec 2024

Update shared on 11 Dec 2025

Previous
n/a
n/a
AnalystConsensusTarget's Fair Value
n/a
Loading
1Y
39.4%
7D
0.4%

Analysts have modestly raised their price target on Azimut Holding, lifting the fair value estimate by EUR 0.00 per share as they factor in a slightly higher discount rate along with stable long term growth and profitability assumptions.

What's in the News

  • Azimut Holding S.p.A. launched a share repurchase program starting November 13, 2025, authorizing buybacks of up to 14 million shares, or 9.77% of its share capital, in multiple tranches at prices between the implied book value and a maximum of EUR 40 per share (Key Developments)
  • The company raised its 2025 core group net profit target and now expects to exceed EUR 500 million compared with the previous lower end guidance of EUR 400 million (Key Developments)
  • Azimut issued new guidance for 2026 and forecasts group net profit of above EUR 1 billion, indicating a strong multi year growth outlook (Key Developments)

Valuation Changes

  • Fair Value Estimate remains unchanged at approximately €36.34 per share, indicating no revision to the intrinsic valuation.
  • The Discount Rate has risen slightly from about 13.51 percent to 13.59 percent, reflecting a modest increase in the required return.
  • Revenue Growth is effectively unchanged at around 2.10 percent per year, implying a stable long term top line outlook.
  • The Net Profit Margin is broadly stable at roughly 36.49 percent, with only an immaterial upward adjustment.
  • The Future P/E has risen marginally from about 13.25x to 13.28x, suggesting a slightly higher valuation multiple on expected earnings.

Have other thoughts on Azimut Holding?

Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.

Create Narrative

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.