ENXTAM:AMG

Stock Analysis Report

AMG Advanced Metallurgical Group

Executive Summary

AMG Advanced Metallurgical Group N.V. produces and sells engineered specialty metals and mineral products.

Snowflake

Fundamentals

High growth potential and good value.

Risks

  • AMG Advanced Metallurgical Group has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has AMG Advanced Metallurgical Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

12.2%

ENXTAM:AMG

4.2%

NL Metals and Mining

1.3%

NL Market


1 Year Return

-43.7%

ENXTAM:AMG

1.8%

NL Metals and Mining

3.4%

NL Market

AMG underperformed the Metals and Mining industry which returned 1.8% over the past year.

AMG underperformed the Market in Netherlands which returned 3.4% over the past year.


Share holder returns

AMGIndustryMarket
7 Day12.2%4.2%1.3%
30 Day18.6%12.0%6.8%
90 Day-7.1%-2.4%1.6%
1 Year-42.4%-43.7%8.9%1.8%8.0%3.4%
3 Year20.6%15.9%54.8%34.9%46.8%30.6%
5 Year241.7%216.9%32.3%9.3%54.6%23.3%

Price Volatility Vs. Market

How volatile is AMG Advanced Metallurgical Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AMG Advanced Metallurgical Group undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

AMG Advanced Metallurgical Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

AMG Advanced Metallurgical Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

AMG Advanced Metallurgical Group is overvalued based on earnings compared to the Europe Metals and Mining industry average.

AMG Advanced Metallurgical Group is good value based on earnings compared to the Netherlands market.


Price Based on Expected Growth

AMG Advanced Metallurgical Group is good value based on expected growth next year.


Price Based on Value of Assets

AMG Advanced Metallurgical Group is overvalued based on assets compared to the Europe Metals and Mining industry average.


Next Steps

Future Growth

How is AMG Advanced Metallurgical Group expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

44.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

AMG Advanced Metallurgical Group's revenue is expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).

AMG Advanced Metallurgical Group's earnings are expected to grow significantly at over 20% yearly.

AMG Advanced Metallurgical Group's revenue growth is expected to exceed the Netherlands market average.

AMG Advanced Metallurgical Group's earnings growth is expected to exceed the Netherlands market average.

AMG Advanced Metallurgical Group's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

AMG Advanced Metallurgical Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has AMG Advanced Metallurgical Group performed over the past 5 years?

36.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AMG Advanced Metallurgical Group has delivered over 20% year on year earnings growth in the past 5 years.

AMG Advanced Metallurgical Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

AMG Advanced Metallurgical Group's 1-year earnings growth is negative, it can't be compared to the Europe Metals and Mining industry average.


Return on Equity

AMG Advanced Metallurgical Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AMG Advanced Metallurgical Group used its assets less efficiently than the Europe Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

AMG Advanced Metallurgical Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is AMG Advanced Metallurgical Group's financial position?


Financial Position Analysis

AMG Advanced Metallurgical Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

AMG Advanced Metallurgical Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AMG Advanced Metallurgical Group's level of debt (151.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (189.1% vs 151.9% today).

Debt is not well covered by operating cash flow (18.3%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is AMG Advanced Metallurgical Group's current dividend yield, its reliability and sustainability?

2.39%

Expected Dividend Yield


Dividend Yield and Payments Analysis

AMG Advanced Metallurgical Group's pays a lower dividend yield than the bottom 25% of dividend payers in Netherlands (2.24%).

AMG Advanced Metallurgical Group's dividend is below the markets top 25% of dividend payers in Netherlands (5.83%).

AMG Advanced Metallurgical Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but AMG Advanced Metallurgical Group only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.5x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).


Next Steps

Management

What is the CEO of AMG Advanced Metallurgical Group's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Heinz Schimmelbusch (75yo)

12.8yrs

Tenure

US$6,790,000

Compensation

Dr. Heinz C. Schimmelbusch, Ph.D., has been the Chairman of Management Board and Chief Executive Officer at Metallurg, Inc. and AMG Advanced Metallurgical Group N.V. since November 21, 2006. Dr. Schimmelbu ...


CEO Compensation Analysis

Heinz's remuneration is higher than average for companies of similar size in Netherlands.

Heinz's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

67yo

Average Age

The tenure for the AMG Advanced Metallurgical Group management team is about average.


Board Age and Tenure

1.0yrs

Average Tenure

66.5yo

Average Age

The average tenure for the AMG Advanced Metallurgical Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$198,12508 May 19
Eric Jackson
EntityIndividual
Role
Chief Operating Officer
COO & Member of Management Board
Shares8,588
Max PriceUS$23.07
SellUS$673,69008 May 19
Heinz Schimmelbusch
EntityIndividual
Role
Chief Executive Officer
Chairman of the Management Board & CEO
Shares29,202
Max PriceUS$23.07
SellUS$1,120,08219 Mar 19
Eric Jackson
EntityIndividual
Role
Chief Operating Officer
COO & Member of Management Board
Shares38,111
Max PriceUS$29.39
SellUS$3,808,29719 Mar 19
Heinz Schimmelbusch
EntityIndividual
Role
Chief Executive Officer
Chairman of the Management Board & CEO
Shares129,578
Max PriceUS$29.39

Ownership Breakdown


Management Team

  • Heinz Schimmelbusch (75yo)

    Chairman of the Management Board & CEO

    • Tenure: 12.8yrs
    • Compensation: US$6.79m
  • Stefan Scherer

    Chief Commercial Officer of AMG Mineracao BV

    • Tenure: 0.6yrs
  • Eric Jackson (67yo)

    COO & Member of Management Board

    • Tenure: 7.8yrs
    • Compensation: US$2.88m
  • Jackson Dunckel (55yo)

    CFO & Member of Management Board

    • Tenure: 3.6yrs
    • Compensation: US$3.08m
  • Markus Holz

    President of AMG Engeineering

    • Tenure: 0yrs
  • Mike Connor

    Senior VP

    • Tenure: 3.7yrs
  • Michele Fischer

    Vice President of Investor Relations

    • Tenure: 0.4yrs
  • Fabiano Costa

    Chief Executive Officer of AMG Mineracao BV & Brazilian Operations

    • Tenure: 0yrs
  • Ludo Mees

    Senior Counsel

    • Tenure: 0yrs

Board Members

  • Steve Hanke (77yo)

    Chairman of the Supervisory Board

    • Tenure: 0.3yrs
    • Compensation: US$121.00k
  • Herb Depp (75yo)

    Supervisory Board Member

    • Tenure: 5.8yrs
    • Compensation: US$116.00k
  • Frank Löhner (54yo)

    Member of the Supervisory Board

    • Tenure: 0.8yrs
  • Donatella Ceccarelli (60yo)

    Supervisory Board Member

    • Tenure: 5.3yrs
    • Compensation: US$106.00k
  • Willem Van Hassel (73yo)

    Vice Chairman of Supervisory Board

    • Tenure: 1.3yrs
    • Compensation: US$118.00k
  • Dagmar Bottenbruch (59yo)

    Member of Supervisory Board

    • Tenure: 0.3yrs

Company Information

AMG Advanced Metallurgical Group N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMG Advanced Metallurgical Group N.V.
  • Ticker: AMG
  • Exchange: ENXTAM
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: €630.888m
  • Shares outstanding: 28.44m
  • Website: https://www.amg-nv.com

Number of Employees


Location

  • AMG Advanced Metallurgical Group N.V.
  • WTC Amsterdam
  • Toren C
  • Amsterdam
  • Noord-Holland
  • 1077 XX
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMGENXTAM (Euronext Amsterdam)YesCommon SharesNLEURJul 2007
ADGDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2007
0LO9LSE (London Stock Exchange)YesCommon SharesGBEURJul 2007
AMVM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2007
AMGABATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJul 2007

Biography

AMG Advanced Metallurgical Group N.V. produces and sells engineered specialty metals and mineral products. It also provides vacuum furnace systems and services to the transportation, infrastructure, energy ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 21:17
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.