Akzo Nobel
Market Cap
€18.5b
Last Updated
2021/09/16 21:29 UTC
Data Sources
Company Financials +
Executive Summary
Akzo Nobel N.V. operates as a paints and coatings company worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Akzo Nobel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AKZA is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: AKZA's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0.8%
AKZA
2.9%
NL Chemicals
0.3%
NL Market
1 Year Return
18.1%
AKZA
33.2%
NL Chemicals
38.4%
NL Market
Return vs Industry: AKZA underperformed the Dutch Chemicals industry which returned 31.6% over the past year.
Return vs Market: AKZA underperformed the Dutch Market which returned 36.9% over the past year.
Shareholder returns
| AKZA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 2.9% | 0.3% |
| 30 Day | -3.0% | 2.9% | 3.7% |
| 90 Day | -3.8% | 10.3% | 6.8% |
| 1 Year | 20.5%18.1% | 35.4%33.2% | 40.3%38.4% |
| 3 Year | 38.0%8.8% | 61.3%43.1% | 50.4%37.0% |
| 5 Year | 106.7%46.1% | 159.5%112.6% | 95.5%64.8% |
Long-Term Price Volatility Vs. Market
How volatile is Akzo Nobel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
An Intrinsic Calculation For Akzo Nobel N.V. (AMS:AKZA) Suggests It's 31% Undervalued1 week ago | Simply Wall St
Is It Time To Consider Buying Akzo Nobel N.V. (AMS:AKZA)?3 weeks ago | Simply Wall St
Will Weakness in Akzo Nobel N.V.'s (AMS:AKZA) Stock Prove Temporary Given Strong Fundamentals?Valuation
Is Akzo Nobel undervalued compared to its fair value and its price relative to the market?
30.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AKZA (€101.25) is trading below our estimate of fair value (€145.05)
Significantly Below Fair Value: AKZA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AKZA is good value based on its PE Ratio (21.3x) compared to the Dutch Chemicals industry average (21.6x).
PE vs Market: AKZA is good value based on its PE Ratio (21.3x) compared to the Dutch market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: AKZA is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: AKZA is good value based on its PB Ratio (3.2x) compared to the NL Chemicals industry average (3.5x).
Future Growth
How is Akzo Nobel forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
9.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AKZA's forecast earnings growth (9.9% per year) is above the savings rate (0.1%).
Earnings vs Market: AKZA's earnings (9.9% per year) are forecast to grow slower than the Dutch market (12% per year).
High Growth Earnings: AKZA's earnings are forecast to grow, but not significantly.
Revenue vs Market: AKZA's revenue (5% per year) is forecast to grow slower than the Dutch market (9.2% per year).
High Growth Revenue: AKZA's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AKZA's Return on Equity is forecast to be high in 3 years time (20.6%)
Past Performance
How has Akzo Nobel performed over the past 5 years?
1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AKZA has high quality earnings.
Growing Profit Margin: AKZA's current net profit margins (9.4%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: AKZA's earnings have grown by 1.6% per year over the past 5 years.
Accelerating Growth: AKZA's earnings growth over the past year (80%) exceeds its 5-year average (1.6% per year).
Earnings vs Industry: AKZA earnings growth over the past year (80%) exceeded the Chemicals industry 67.1%.
Return on Equity
High ROE: AKZA's Return on Equity (15.4%) is considered low.
Financial Health
How is Akzo Nobel's financial position?
Financial Position Analysis
Short Term Liabilities: AKZA's short term assets (€5.5B) exceed its short term liabilities (€3.9B).
Long Term Liabilities: AKZA's short term assets (€5.5B) exceed its long term liabilities (€4.1B).
Debt to Equity History and Analysis
Debt Level: AKZA's debt to equity ratio (56.8%) is considered high.
Reducing Debt: AKZA's debt to equity ratio has increased from 39.2% to 56.8% over the past 5 years.
Debt Coverage: AKZA's debt is well covered by operating cash flow (35.8%).
Interest Coverage: AKZA's interest payments on its debt are well covered by EBIT (20.9x coverage).
Balance Sheet
Dividend
What is Akzo Nobel current dividend yield, its reliability and sustainability?
1.93%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AKZA's dividend (1.93%) is higher than the bottom 25% of dividend payers in the Dutch market (1.4%).
High Dividend: AKZA's dividend (1.93%) is low compared to the top 25% of dividend payers in the Dutch market (4.55%).
Stability and Growth of Payments
Stable Dividend: AKZA's dividend payments have been volatile in the past 10 years.
Growing Dividend: AKZA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.2%), AKZA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AKZA's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Thierry F. Vanlancker (57 yo)
4.17yrs
Tenure
€5,561,689
Compensation
Mr. Thierry F. J. Vanlancker has been Chief Executive Officer and Chairman of the Board of Management at Akzo Nobel N.V. since July 19, 2017 and its Member of Board of Management since September 8, 2017. M...
CEO Compensation Analysis
Compensation vs Market: Thierry F.'s total compensation ($USD6.54M) is above average for companies of similar size in the Dutch market ($USD3.05M).
Compensation vs Earnings: Thierry F.'s compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AKZA's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: AKZA's board of directors are considered experienced (4.4 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Akzo Nobel N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Akzo Nobel N.V.
- Ticker: AKZA
- Exchange: ENXTAM
- Founded: 1646
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: €18.453b
- Shares outstanding: 182.25m
- Website: https://www.akzonobel.com
Number of Employees
Location
- Akzo Nobel N.V.
- Christian Neefestraat 2
- PO Box 75730
- Amsterdam
- Noord-Holland
- 1077 WW
- Netherlands
Listings
Biography
Akzo Nobel N.V. operates as a paints and coatings company worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the buildi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 21:29 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.