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Market Cap

€4.0b

Last Updated

2021/04/12 19:55 UTC

Data Sources

Company Financials +

Executive Summary

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors. More Details


Snowflake Analysis

Proven track record with adequate balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Andritz's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ANDR is not significantly more volatile than the rest of Austrian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ANDR's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.8%

ANDR

0.8%

AT Machinery

-0.07%

AT Market


1 Year Return

26.3%

ANDR

53.9%

AT Machinery

40.1%

AT Market

Return vs Industry: ANDR underperformed the Austrian Machinery industry which returned 55.7% over the past year.

Return vs Market: ANDR underperformed the Austrian Market which returned 39.8% over the past year.


Shareholder returns

ANDRIndustryMarket
7 Day0.8%0.8%-0.07%
30 Day0.7%6.3%0.6%
90 Day0.8%9.8%3.9%
1 Year31.8%26.3%59.4%53.9%43.9%40.1%
3 Year-5.9%-13.4%6.2%-1.1%10.5%0.9%
5 Year-4.1%-17.2%5.8%-6.8%71.6%48.2%

Long-Term Price Volatility Vs. Market

How volatile is Andritz's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Andritz undervalued compared to its fair value and its price relative to the market?

22.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ANDR (€41.18) is trading below our estimate of fair value (€51.41)

Significantly Below Fair Value: ANDR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ANDR is good value based on its PE Ratio (19.8x) compared to the XE Machinery industry average (28.9x).

PE vs Market: ANDR is good value based on its PE Ratio (19.8x) compared to the Austrian market (21.8x).


Price to Earnings Growth Ratio

PEG Ratio: ANDR is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ANDR is overvalued based on its PB Ratio (3.3x) compared to the XE Machinery industry average (2.2x).


Future Growth

How is Andritz forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

16.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANDR's forecast earnings growth (16.2% per year) is above the savings rate (0.3%).

Earnings vs Market: ANDR's earnings (16.2% per year) are forecast to grow slower than the Austrian market (25.4% per year).

High Growth Earnings: ANDR's earnings are forecast to grow, but not significantly.

Revenue vs Market: ANDR's revenue (0.6% per year) is forecast to grow slower than the Austrian market (6.4% per year).

High Growth Revenue: ANDR's revenue (0.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ANDR's Return on Equity is forecast to be high in 3 years time (20.2%)


Past Performance

How has Andritz performed over the past 5 years?

-13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANDR has high quality earnings.

Growing Profit Margin: ANDR's current net profit margins (3.1%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: ANDR's earnings have declined by 13.1% per year over the past 5 years.

Accelerating Growth: ANDR's earnings growth over the past year (62.1%) exceeds its 5-year average (-13.1% per year).

Earnings vs Industry: ANDR earnings growth over the past year (62.1%) exceeded the Machinery industry -13%.


Return on Equity

High ROE: ANDR's Return on Equity (16.2%) is considered low.


Financial Health

How is Andritz's financial position?


Financial Position Analysis

Short Term Liabilities: ANDR's short term assets (€4.6B) exceed its short term liabilities (€3.6B).

Long Term Liabilities: ANDR's short term assets (€4.6B) exceed its long term liabilities (€2.2B).


Debt to Equity History and Analysis

Debt Level: ANDR's debt to equity ratio (103.5%) is considered high.

Reducing Debt: ANDR's debt to equity ratio has increased from 38.5% to 103.5% over the past 5 years.

Debt Coverage: ANDR's debt is well covered by operating cash flow (35.5%).

Interest Coverage: ANDR's interest payments on its debt are well covered by EBIT (12.2x coverage).


Balance Sheet


Dividend

What is Andritz current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANDR's dividend (2.43%) is higher than the bottom 25% of dividend payers in the Austrian market (1.07%).

High Dividend: ANDR's dividend (2.43%) is low compared to the top 25% of dividend payers in the Austrian market (3.21%).


Stability and Growth of Payments

Stable Dividend: ANDR's dividend payments have been volatile in the past 10 years.

Growing Dividend: ANDR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48%), ANDR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ANDR's dividends in 3 years are forecast to be well covered by earnings (47.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.0yrs

Average management tenure


CEO

Wolfgang Leitner (67 yo)

26.83yrs

Tenure

€2,138,326

Compensation

Dr. Wolfgang Leitner has been the President and Chief Executive Officer of Andritz AG since June 29, 1994 and has been its Member of Executive Board since October 1, 1987. Dr. Leitner served as the Chief F...


CEO Compensation Analysis

Compensation vs Market: Wolfgang's total compensation ($USD2.54M) is about average for companies of similar size in the Austrian market ($USD2.55M).

Compensation vs Earnings: Wolfgang's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANDR's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: ANDR's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Andritz AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Andritz AG
  • Ticker: ANDR
  • Exchange: WBAG
  • Founded: 1852
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €3.954b
  • Shares outstanding: 99.26m
  • Website: https://www.andritz.com

Number of Employees


Location

  • Andritz AG
  • Stattegger Strasse 18
  • Graz
  • Styria
  • 8045
  • Austria

Listings


Biography

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/12 19:55
End of Day Share Price2021/04/12 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.