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ANDR

AndritzWBAG:ANDR Stock Report

Market Cap

€4.7b

7D

0.9%

1Y

58.5%

Updated

21 Oct, 2021

Data

Company Financials +
ANDR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends4/6

ANDR Overview

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.

Andritz Competitors

Siemens

XTRA:SIE

€110.6b

Iberdrola

BME:IBE

€60.2b

Nasdaq

NasdaqGS:NDAQ

US$33.3b

Dover

NYSE:DOV

US$24.3b

Price History & Performance

Summary of all time highs, changes and price drops for Andritz
Historical stock prices
Current Share Price€47.56
52 Week High€28.20
52 Week Low€50.25
Beta1.11
1 Month Change-0.42%
3 Month Change1.28%
1 Year Change58.53%
3 Year Change8.58%
5 Year Change-2.00%
Change since IPO1,754.19%

Recent News & Updates

Oct 14
At €47.22, Is Andritz AG (VIE:ANDR) Worth Looking At Closely?

At €47.22, Is Andritz AG (VIE:ANDR) Worth Looking At Closely?

While Andritz AG ( VIE:ANDR ) might not be the most widely known stock at the moment, it maintained its current share...

Oct 01
Is There An Opportunity With Andritz AG's (VIE:ANDR) 50% Undervaluation?

Is There An Opportunity With Andritz AG's (VIE:ANDR) 50% Undervaluation?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Andritz AG ( VIE:ANDR...

Sep 04
Be Wary Of Andritz (VIE:ANDR) And Its Returns On Capital

Be Wary Of Andritz (VIE:ANDR) And Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Jul 26
Andritz (VIE:ANDR) Could Easily Take On More Debt

Andritz (VIE:ANDR) Could Easily Take On More Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ANDRAT MachineryAT Market
7D0.9%0.5%1.9%
1Y58.5%26.8%67.8%

Return vs Industry: ANDR exceeded the Austrian Machinery industry which returned 26.8% over the past year.

Return vs Market: ANDR underperformed the Austrian Market which returned 67.8% over the past year.

Price Volatility

Is ANDR's price volatile compared to industry and market?
ANDR volatility
ANDR Beta1.11
Industry Beta1.01
Market Beta1

Stable Share Price: ANDR is less volatile than 75% 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.

About the Company

FoundedEmployeesCEOWebsite
185226,711Wolfgang Leitnerhttps://www.andritz.com

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. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation. The Pulp & Paper segment supplies plants, systems, equipment, and services for the production of various types of pulp, paper, cardboard, and tissue; boilers for power production; flue gas cleaning plants; plants for the production of nonwovens and panelboard; and recycling and shredding solutions for various waste materials.

Andritz Fundamentals Summary

How do Andritz's earnings and revenue compare to its market cap?
ANDR fundamental statistics
Market Cap€4.72b
Earnings (TTM)€258.92m
Revenue (TTM)€6.56b

18.2x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANDR income statement (TTM)
Revenue€6.56b
Cost of Revenue€3.60b
Gross Profit€2.95b
Expenses€2.69b
Earnings€258.92m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 05, 2021

Earnings per share (EPS)2.61
Gross Margin45.04%
Net Profit Margin3.95%
Debt/Equity Ratio96.3%

How did ANDR perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

38%

Payout Ratio

Valuation

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

48.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ANDR (€47.56) is trading below our estimate of fair value (€92.95)

Significantly Below Fair Value: ANDR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ANDR is good value based on its PE Ratio (18.2x) compared to the European Machinery industry average (22.4x).

PE vs Market: ANDR is poor value based on its PE Ratio (18.2x) compared to the Austrian market (14.6x).


Price to Earnings Growth Ratio

PEG Ratio: ANDR is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: ANDR is overvalued based on its PB Ratio (3.5x) compared to the AT Machinery industry average (1.3x).


Future Growth

How is Andritz forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANDR's forecast earnings growth (9.8% per year) is above the savings rate (0.2%).

Earnings vs Market: ANDR's earnings (9.8% per year) are forecast to grow faster than the Austrian market (8.6% per year).

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

Revenue vs Market: ANDR's revenue (2.7% per year) is forecast to grow slower than the Austrian market (5% per year).

High Growth Revenue: ANDR's revenue (2.7% 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 (21.7%)


Past Performance

How has Andritz performed over the past 5 years?

-9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANDR has high quality earnings.

Growing Profit Margin: ANDR's current net profit margins (3.9%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: ANDR's earnings have declined by 9.7% per year over the past 5 years.

Accelerating Growth: ANDR's earnings growth over the past year (91.4%) exceeds its 5-year average (-9.7% per year).

Earnings vs Industry: ANDR earnings growth over the past year (91.4%) exceeded the Machinery industry 37.2%.


Return on Equity

High ROE: ANDR's Return on Equity (19.1%) is considered low.


Financial Health

How is Andritz's financial position?


Financial Position Analysis

Short Term Liabilities: ANDR's short term assets (€4.7B) exceed its short term liabilities (€3.7B).

Long Term Liabilities: ANDR's short term assets (€4.7B) exceed its long term liabilities (€2.1B).


Debt to Equity History and Analysis

Debt Level: ANDR's debt to equity ratio (96.3%) is considered high.

Reducing Debt: ANDR's debt to equity ratio has increased from 42.7% to 96.3% over the past 5 years.

Debt Coverage: ANDR's debt is well covered by operating cash flow (40%).

Interest Coverage: ANDR's interest payments on its debt are well covered by EBIT (15.6x coverage).


Balance Sheet


Dividend

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

2.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANDR's dividend (2.1%) is higher than the bottom 25% of dividend payers in the Austrian market (1.26%).

High Dividend: ANDR's dividend (2.1%) is low compared to the top 25% of dividend payers in the Austrian market (3.48%).


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 (38.3%), 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 (44.8% payout ratio).


Next Steps

Management

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

10.5yrs

Average management tenure


CEO

Wolfgang Leitner (68 yo)

27.33yrs

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: Insufficient data to establish whether Wolfgang's total compensation is reasonable compared to companies of similar size in the Austrian market.

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 (10.5 years average tenure).


Board Members

Experienced Board: ANDR's board of directors are considered experienced (5.6 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 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: €4.721b
  • Shares outstanding: 99.26m
  • Website: https://www.andritz.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 20:53
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
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.