NYSE:AXL

Stock Analysis Report

American Axle & Manufacturing Holdings

Executive Summary

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, validates, and manufactures driveline, metal forming, powertrain, and casting products in the United States, Mexico, South America, China, other Asian countries, Europe, and internationally.

Snowflake

Fundamentals

Fair value with moderate growth potential.

Risks

  • American Axle & Manufacturing Holdings has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has American Axle & Manufacturing Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

NYSE:AXL

1.0%

US Auto Components

-0.9%

US Market


1 Year Return

-27.4%

NYSE:AXL

-23.8%

US Auto Components

3.8%

US Market

AXL underperformed the Auto Components industry which returned -24% over the past year.

AXL underperformed the Market in United States of America which returned 3.3% over the past year.


Share holder returns

AXLIndustryMarket
7 Day-1.5%1.0%-0.9%
30 Day-4.8%0.3%1.1%
90 Day-25.3%-12.4%1.1%
1 Year-27.4%-27.4%-22.7%-23.8%6.1%3.8%
3 Year-32.5%-32.5%12.0%-0.4%45.2%35.5%
5 Year-39.0%-39.0%5.3%-8.8%59.9%42.1%

Price Volatility Vs. Market

How volatile is American Axle & Manufacturing Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is American Axle & Manufacturing Holdings undervalued based on future cash flows and its price relative to the stock market?

47%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

American Axle & Manufacturing Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

American Axle & Manufacturing Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

American Axle & Manufacturing Holdings is loss making, we can't compare its value to the US Auto Components industry average.

American Axle & Manufacturing Holdings is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for American Axle & Manufacturing Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

American Axle & Manufacturing Holdings is good value based on assets compared to the US Auto Components industry average.


Next Steps

Future Growth

How is American Axle & Manufacturing Holdings expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

20.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

American Axle & Manufacturing Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

American Axle & Manufacturing Holdings's earnings are expected to grow significantly at over 20% yearly.

American Axle & Manufacturing Holdings's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

American Axle & Manufacturing Holdings's earnings growth is expected to exceed the United States of America market average.

American Axle & Manufacturing Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

American Axle & Manufacturing Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has American Axle & Manufacturing Holdings performed over the past 5 years?

5.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

American Axle & Manufacturing Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare American Axle & Manufacturing Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare American Axle & Manufacturing Holdings's 1-year growth to the US Auto Components industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if American Axle & Manufacturing Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

American Axle & Manufacturing Holdings used its assets less efficiently than the US Auto Components industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if American Axle & Manufacturing Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is American Axle & Manufacturing Holdings's financial position?


Financial Position Analysis

American Axle & Manufacturing Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

American Axle & Manufacturing Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

American Axle & Manufacturing Holdings's level of debt (250.3%) 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 (1879.5% vs 250.3% today).

Debt is not well covered by operating cash flow (16.4%, less than 20% of total debt).

American Axle & Manufacturing Holdings is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


Next Steps

Dividend

What is American Axle & Manufacturing Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate American Axle & Manufacturing Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate American Axle & Manufacturing Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as American Axle & Manufacturing Holdings has not reported any payouts.

Unable to verify if American Axle & Manufacturing Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as American Axle & Manufacturing Holdings has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of American Axle & Manufacturing Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of American Axle & Manufacturing Holdings's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

David Dauch (54yo)

6.8yrs

Tenure

US$9,469,299

Compensation

Mr. David Charles Dauch has been Chairman and Chief Executive Officer at Metaldyne Performance Group Inc. since April 6, 2017. Mr. Dauch has been the Chairman of the Board and Chief Executive Officer of Am ...


CEO Compensation Analysis

David's remuneration is higher than average for companies of similar size in United States of America.

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


Management Age and Tenure

3.9yrs

Average Tenure

55yo

Average Age

The tenure for the American Axle & Manufacturing Holdings management team is about average.


Board Age and Tenure

5.9yrs

Average Tenure

62.5yo

Average Age

The tenure for the American Axle & Manufacturing Holdings board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

SellUS$215,25613 Mar 19
Tolga Oal
EntityIndividual
Shares14,876
Max PriceUS$14.47
SellUS$251,80325 Feb 19
Alberto Satine
EntityIndividual
Shares15,033
Max PriceUS$16.75
BuyUS$48,81603 Dec 18
Tolga Oal
EntityIndividual
Shares4,000
Max PriceUS$12.21
BuyUS$17,67026 Nov 18
William Miller
EntityIndividual
Role
Member of the Board of Directors
Shares1,500
Max PriceUS$11.78
BuyUS$12,07020 Nov 18
Michael Lynch
EntityIndividual
Shares1,000
Max PriceUS$12.07
BuyUS$24,40019 Nov 18
William Miller
EntityIndividual
Role
Member of the Board of Directors
Shares2,000
Max PriceUS$12.20
BuyUS$178,20013 Nov 18
Michael Simonte
EntityIndividual
Role
President
Shares15,000
Max PriceUS$11.88
BuyUS$49,88013 Nov 18
Elizabeth Chappell
EntityIndividual
Role
Member of the Board of Directors
Shares4,000
Max PriceUS$12.47
BuyUS$66,25009 Nov 18
Timothy Earl Bowes
EntityIndividual
Shares5,000
Max PriceUS$13.25
BuyUS$12,71008 Nov 18
Terri Kemp
EntityIndividual
Shares1,000
Max PriceUS$12.71
BuyUS$61,79807 Nov 18
Christopher May
EntityIndividual
Role
VP & CFO
Shares5,000
Max PriceUS$12.36
BuyUS$149,61107 Nov 18
Gregory Deveson
EntityIndividual
Shares11,725
Max PriceUS$12.76
BuyUS$54,45006 Nov 18
James McCaslin
EntityIndividual
Role
Member of the Board of Directors
Shares4,500
Max PriceUS$12.10
BuyUS$11,76006 Nov 18
David Barnes
EntityIndividual
Role
Chief Compliance Officer
Shares1,000
Max PriceUS$11.76
BuyUS$1,010,50705 Nov 18
David Dauch
EntityIndividual
Role
Chairman & CEO
Chairman of the Board
Shares88,100
Max PriceUS$11.47

Ownership Breakdown


Management Team

  • David Dauch (54yo)

    Chairman & CEO

    • Tenure: 6.8yrs
    • Compensation: $9.47m
  • James Zaliwski (48yo)

    Chief Accounting Officer & Executive Director of Corporate Finance

    • Tenure: 0.2yrs
  • Chris Son

    Executive Director of Marketing & Corporate Communications

  • Chris May (49yo)

    VP & CFO

    • Tenure: 3.9yrs
    • Compensation: $2.62m
  • David Barnes (60yo)

    Chief Compliance Officer

    • Tenure: 7.5yrs
  • Phil Guys (56yo)

    CTO & VP of Global Product Engineering

    • Tenure: 3.3yrs
  • Don Wright

    Chief Information Officer & VP

    • Tenure: 6.5yrs
  • Jason Parsons

    Director of Investor Relations

    • Tenure: 3.9yrs
  • Mike Simonte (55yo)

    President

    • Tenure: 3.9yrs
    • Compensation: $4.22m
  • Norman Willemse (62yo)

    President of Metal Forming

    • Tenure: 3.9yrs
    • Compensation: $2.23m

Board Members

  • Sandy Pierce (60yo)

    Independent Director

    • Tenure: 0.7yrs
    • Compensation: $9.17k
  • David Dauch (54yo)

    Chairman & CEO

    • Tenure: 5.9yrs
    • Compensation: $9.47m
  • Bill Kozyra (62yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: $235.70k
  • Herbert Parker (61yo)

    Independent Director

    • Tenure: 0.7yrs
    • Compensation: $18.33k
  • Beth Chappell (61yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: $245.70k
  • William Miller (63yo)

    Director

    • Tenure: 14.5yrs
    • Compensation: $255.70k
  • Peter Lyons (63yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: $235.80k
  • John Smith (68yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: $245.70k
  • Sam Valenti (73yo)

    Lead Independent Director

    • Compensation: $266.40k
  • Jim McCaslin (70yo)

    Director

    • Tenure: 8.4yrs
    • Compensation: $250.60k

Company Information

American Axle & Manufacturing Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American Axle & Manufacturing Holdings, Inc.
  • Ticker: AXL
  • Exchange: NYSE
  • Founded: 1994
  • Industry: auto parts and equipment
  • Sector: automobiles
  • Market Cap: US$1.297b
  • Shares outstanding: 112.47m
  • Website: Click here

Number of Employees


Location

  • American Axle & Manufacturing Holdings, Inc.
  • One Dauch Drive
  • Detroit
  • Michigan
  • 48211
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AXLNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1999
AYADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1999
AYABST (Boerse-Stuttgart)YesCommon StockDEEURJan 1999

Biography

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, validates, and manufactures driveline, metal forming, powertrain, and casting products in the United States ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/22 23:32
End of Day Share Price2019/07/22 00:00
Earnings2019/03/31
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.