Azkoyen, S.A. designs, manufactures, and sells technological solutions in Spain and internationally.
Flawless balance sheet and undervalued.
Share Price & News
How has Azkoyen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AZK underperformed the Spanish Machinery industry which returned 2.4% over the past year.
Return vs Market: AZK underperformed the Spanish Market which returned -14.7% over the past year.
Price Volatility Vs. Market
How volatile is Azkoyen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShareholders Of Azkoyen (BME:AZK) Must Be Happy With Their 81% Return
2 months ago | Simply Wall StDeclining Stock and Solid Fundamentals: Is The Market Wrong About Azkoyen, S.A. (BME:AZK)?
3 months ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Azkoyen, S.A.'s (BME:AZK) P/E Ratio
Is Azkoyen undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AZK (€5.12) is trading below our estimate of fair value (€9.01)
Significantly Below Fair Value: AZK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AZK is good value based on its PE Ratio (8x) compared to the ES Machinery industry average (20.8x).
PE vs Market: AZK is good value based on its PE Ratio (8x) compared to the Spanish market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AZK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AZK is good value based on its PB Ratio (1.2x) compared to the ES Machinery industry average (1.8x).
How is Azkoyen forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Azkoyen has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Azkoyen is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Azkoyen competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Azkoyen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZK has high quality earnings.
Growing Profit Margin: AZK's current net profit margins (10.8%) are lower than last year (11.2%).
Past Earnings Growth Analysis
Earnings Trend: AZK's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: AZK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AZK had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Machinery industry average (-2.6%).
Return on Equity
High ROE: AZK's Return on Equity (15.5%) is considered low.
How is Azkoyen's financial position?
Financial Position Analysis
Short Term Liabilities: AZK's short term assets (€74.4M) exceed its short term liabilities (€41.5M).
Long Term Liabilities: AZK's short term assets (€74.4M) exceed its long term liabilities (€22.9M).
Debt to Equity History and Analysis
Debt Level: AZK's debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: AZK's debt to equity ratio has reduced from 38.2% to 17.5% over the past 5 years.
Debt Coverage: AZK's debt is well covered by operating cash flow (136.2%).
Interest Coverage: AZK's interest payments on its debt are well covered by EBIT (59.1x coverage).
What is Azkoyen current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AZK'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 AZK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AZK is not paying a notable dividend for the Spanish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AZK's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Eduardo Unzu Martínez
Mr. Eduardo Unzu Martínez is a Director General at Azkoyen SA. since June 2010 and served as its General Manager. He has been Executive Director at Azkoyen, S.A. since January 24, 2020.
|Director General & Executive Director||10.17yrs||no data||no data|
|Independent Director||6.5yrs||€44.00k||0.010% |
|Chairman of the Board||0.75yr||€39.00k||0.000040% |
|Director||4.17yrs||no data||no data|
|Independent Director||2.17yrs||no data||no data|
|Director||1.17yrs||no data||no data|
|Director||no data||no data||no data|
Experienced Board: AZK's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
Azkoyen, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Azkoyen, S.A.
- Ticker: AZK
- Exchange: BME
- Founded: 1945
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €124.870m
- Shares outstanding: 24.39m
- Website: https://www.azkoyen.com
Number of Employees
- Azkoyen, S.A.
- Avda. San Silvestre, s/n
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AZK||BME (Bolsas y Mercados Espanoles)||Yes||Bearer Shares||ES||EUR||Nov 1988|
|0DOG||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Nov 1988|
|AZKE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Nov 1988|
Azkoyen, S.A. designs, manufactures, and sells technological solutions in Spain and internationally. It operates through Time & Security, Vending Systems, and Payment Technologies divisions. The Time & Sec ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/12 20:49|
|End of Day Share Price||2020/08/12 00:00|
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.