AZE

Azelis GroupENXTBR:AZE Stock Report

Last Price

€23.21

Market Cap

€5.4b

7D

-3.0%

1Y

n/a

Updated

20 Jan, 2022

Data

Company Financials +
AZE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health2/6
Dividends0/6

AZE Stock Overview

Azelis Group NV distributes chemicals and food ingredients in Belgium and internationally.

Azelis Group Competitors

Brenntag

XTRA:BNR

€12.1b

IMCD

ENXTAM:IMCD

€9.2b

DKSH Holding

SWX:DKSH

CHF4.9b

Univar Solutions

NYSE:UNVR

US$4.7b

Price History & Performance

Summary of all time highs, changes and price drops for Azelis Group
Historical stock prices
Current Share Price€23.21
52 Week High€29.90
52 Week Low€21.94
Beta0
1 Month Change-7.88%
3 Month Change-16.09%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-17.13%

Recent News & Updates

Shareholder Returns

AZEBE Trade DistributorsBE Market
7D-3.0%-4.5%-0.5%
1Yn/a30.0%12.6%

Return vs Industry: Insufficient data to determine how AZE performed against the Belgian Trade Distributors industry.

Return vs Market: Insufficient data to determine how AZE performed against the Belgian Market.

Price Volatility

Is AZE's price volatile compared to industry and market?
AZE volatility
AZE Average Weekly Movement4.7%
Trade Distributors Industry Average Movement4.9%
Market Average Movement4.0%
10% most volatile stocks in BE Market5.8%
10% least volatile stocks in BE Market2.2%

Stable Share Price: AZE is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine AZE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19962,772Hans-Joachim Müllerhttps://www.azelis.com

Azelis Group NV distributes chemicals and food ingredients in Belgium and internationally. It serves various segments in life sciences, which include animal nutrition, food and health, home care and industrial cleaning, personal care, pharma, and speciality agri/horti; and industrial chemicals end markets, which include CASE, electronics, essential chemicals, fine chemicals, lubricants and metalworking fluids, oilfield, rubber and plastic additives, textiles, leather and paper, and other applications. Azelis Group NV was founded in 1996 and is based in Antwerp, Belgium.

Azelis Group Fundamentals Summary

How do Azelis Group's earnings and revenue compare to its market cap?
AZE fundamental statistics
Market Cap€5.43b
Earnings (TTM)€89.52m
Revenue (TTM)€2.40b

60.6x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AZE income statement (TTM)
Revenue€2.40b
Cost of Revenue€1.87b
Gross Profit€522.75m
Expenses€433.23m
Earnings€89.52m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin21.82%
Net Profit Margin3.74%
Debt/Equity Ratio119.8%

How did AZE perform over the long term?

See historical performance and comparison

Valuation

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

60.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AZE (€23.21) is trading above our estimate of fair value (€17.09)

Significantly Below Fair Value: AZE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AZE is poor value based on its PE Ratio (60.6x) compared to the European Trade Distributors industry average (16.8x).

PE vs Market: AZE is poor value based on its PE Ratio (60.6x) compared to the Belgian market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: AZE is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: AZE is overvalued based on its PB Ratio (4.1x) compared to the XE Trade Distributors industry average (1.7x).


Future Growth

How is Azelis Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

28.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AZE's forecast earnings growth (28.4% per year) is above the savings rate (1.2%).

Earnings vs Market: AZE's earnings (28.4% per year) are forecast to grow faster than the Belgian market (13.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AZE's revenue (7.6% per year) is forecast to grow slower than the Belgian market (8% per year).

High Growth Revenue: AZE's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AZE's Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has Azelis Group performed over the past 5 years?

50.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AZE has high quality earnings.

Growing Profit Margin: AZE's current net profit margins (3.7%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if AZE's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare AZE's past year earnings growth to its 5-year average.

Earnings vs Industry: AZE earnings growth over the past year (50.7%) exceeded the Trade Distributors industry 50.4%.


Return on Equity

High ROE: AZE's Return on Equity (6.8%) is considered low.


Financial Health

How is Azelis Group's financial position?


Financial Position Analysis

Short Term Liabilities: AZE's short term assets (€846.6M) exceed its short term liabilities (€560.6M).

Long Term Liabilities: AZE's short term assets (€846.6M) do not cover its long term liabilities (€1.7B).


Debt to Equity History and Analysis

Debt Level: AZE's net debt to equity ratio (111%) is considered high.

Reducing Debt: Insufficient data to determine if AZE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AZE's debt is not well covered by operating cash flow (9.3%).

Interest Coverage: AZE's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Dividend

What is Azelis Group current dividend yield, its reliability and sustainability?

1.13%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AZE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AZE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AZE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AZE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AZE's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

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

7.0yrs

Average management tenure


CEO

Hans-Joachim Müller (62 yo)

10yrs

Tenure

Dr. Hans-Joachim Müller is Group Chief Executive Officer at Azelis Group NV since 2012 and serves as its Executive Director. He has been the Chief Executive Officer of Azelis Holding S.A. since October 201...


Leadership Team

Experienced Management: AZE's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: AZE's board of directors are considered experienced (4 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: AZE only recently listed within the past 12 months.


Top Shareholders

Company Information

Azelis Group NV's employee growth, exchange listings and data sources


Key Information

  • Name: Azelis Group NV
  • Ticker: AZE
  • Exchange: ENXTBR
  • Founded: 1996
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: €5.426b
  • Shares outstanding: 233.85m
  • Website: https://www.azelis.com

Number of Employees


Location

  • Azelis Group NV
  • Posthofbrug 12
  • Box 6
  • Antwerp
  • Antwerp
  • 2600
  • Belgium

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:28
End of Day Share Price2022/01/20 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.