American Axle & Manufacturing Holdings
Market Cap
US$1.1b
Last Updated
2020/01/23 23:32 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
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
Stable Share Price: AXL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.8%
AXL
-0.9%
US Auto Components
-0.09%
US Market
1 Year Return
-33.9%
AXL
-0.2%
US Auto Components
23.9%
US Market
Return vs Industry: AXL underperformed the US Auto Components industry which returned 1.9% over the past year.
Return vs Market: AXL underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| AXL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | -0.9% | -0.09% |
| 30 Day | -10.5% | -2.7% | 3.1% |
| 90 Day | 5.1% | 1.5% | 10.4% |
| 1 Year | -33.9%-33.9% | 1.3%-0.2% | 26.6%23.9% |
| 3 Year | -53.5%-53.5% | -0.6%-10.7% | 50.9%41.2% |
| 5 Year | -61.7%-61.7% | 19.3%2.4% | 78.1%58.5% |
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
1 week ago | Simply Wall St
Need To Know: American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Insiders Have Been Selling Shares1 month ago | Simply Wall St
A Look At The Fair Value Of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL)1 month ago | Simply Wall St
Here's Why American Axle & Manufacturing Holdings (NYSE:AXL) Is Weighed Down By Its Debt LoadValuation
Is American Axle & Manufacturing Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXL ($9.19) is trading below our estimate of fair value ($22.05)
Significantly Below Fair Value: AXL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXL is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.
PE vs Market: AXL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AXL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXL is good value based on its PB Ratio (0.7x) compared to the US Auto Components industry average (1.3x).
Next Steps
Future Growth
How is American Axle & Manufacturing Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
63.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: AXL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AXL's is expected to become profitable in the next 3 years.
Revenue vs Market: AXL's revenue is expected to decline over the next 3 years (-4.6% per year).
High Growth Revenue: AXL's revenue is forecast to decline over the next 3 years (-4.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXL's Return on Equity is forecast to be low in 3 years time (15.1%).
Next Steps
Past Performance
How has American Axle & Manufacturing Holdings performed over the past 5 years?
-19.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXL is currently unprofitable.
Growing Profit Margin: AXL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXL is unprofitable, and losses have increased over the past 5 years at a rate of -19.8% per year.
Accelerating Growth: Unable to compare AXL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXL is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (4.1%).
Return on Equity
High ROE: AXL has a negative Return on Equity (-27.76%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is American Axle & Manufacturing Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: AXL's short term assets ($2.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: AXL's short term assets ($2.2B) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: AXL's debt to equity ratio (264.7%) is considered high.
Reducing Debt: AXL's debt to equity ratio has reduced from 899.2% to 264.7% over the past 5 years.
Debt Coverage: AXL's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: AXL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Inventory Level: AXL has a high level of physical assets or inventory.
Debt Coverage by Assets: AXL's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is American Axle & Manufacturing Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate AXL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AXL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AXL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
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?
4.4yrs
Average management tenure
CEO
David Dauch (54yo)
7.3yrs
Tenure
US$9,469,299
Compensation
Mr. David Charles Dauch has been Chairman and Chief Executive Officer at Metaldyne Performance Group Inc. since April 6, 2017. Mr. Dauch has been the Chairman of the Board and Chief Executive Officer of Am ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD9.47M) is above average for companies of similar size in the US market ($USD2.53M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: AXL's management team is considered experienced (4.4 years average tenure).
Board Age and Tenure
6.4yrs
Average Tenure
62.5yo
Average Age
Experienced Board: AXL's board of directors are considered experienced (6.4 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 14,876 |
| Max Price | US$14.47 |
| Entity | Individual |
| Shares | 15,033 |
| Max Price | US$16.75 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
David Dauch (54yo)
Chairman & CEO
- Tenure: 7.3yrs
- Compensation: US$9.47m
Mike Simonte (55yo)
President
- Tenure: 4.4yrs
- Compensation: US$4.22m
Norman Willemse (62yo)
President of Metal Forming
- Tenure: 4.4yrs
- Compensation: US$2.23m
Chris Son
Executive Director of Marketing & Corporate Communications
Don Wright
Chief Information Officer & VP
- Tenure: 7yrs
Phil Guys (56yo)
CTO & VP of Global Product Engineering
- Tenure: 3.8yrs
David Barnes (60yo)
Chief Compliance Officer
- Tenure: 8yrs
Chris May (49yo)
VP & CFO
- Tenure: 4.4yrs
- Compensation: US$2.62m
Jason Parsons
Director of Investor Relations
- Tenure: 4.4yrs
James Zaliwski (48yo)
Chief Accounting Officer & Executive Director of Corporate Finance
- Tenure: 0.7yrs
Board Members
Beth Chappell (61yo)
Independent Director
- Tenure: 15.3yrs
- Compensation: US$245.70k
David Dauch (54yo)
Chairman & CEO
- Tenure: 7.3yrs
- Compensation: US$9.47m
Jim McCaslin (70yo)
Independent Director
- Tenure: 8.9yrs
- Compensation: US$250.60k
Sam Valenti (73yo)
Lead Independent Director
- Compensation: US$266.40k
William Miller (63yo)
Independent Director
- Tenure: 15yrs
- Compensation: US$255.70k
Sandy Pierce (60yo)
Independent Director
- Tenure: 1.2yrs
- Compensation: US$9.17k
John Smith (68yo)
Independent Director
- Tenure: 8.3yrs
- Compensation: US$245.70k
Herbert Parker (61yo)
Independent Director
- Tenure: 1.2yrs
- Compensation: US$18.33k
Bill Kozyra (62yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$235.70k
Peter Lyons (63yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$235.80k
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$1.051b
- Shares outstanding: 112.48m
- Website: https://www.aam.com
Number of Employees
Location
- American Axle & Manufacturing Holdings, Inc.
- One Dauch Drive
- Detroit
- Michigan
- 48211
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AXL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1999 |
| AYA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1999 |
| AYA | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Jan 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, Mexico, South America, China, other Asian countries, Europe, and internationally. The company’s Driveline segment offers axles, drive shafts, power transfer units, rear drive modules, transfer cases, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. Its Metal Forming segment provides axle and transmission shafts, ring and pinion gears, differential gears, transmission gears, and suspension components for original equipment manufacturers and automotive suppliers. The company’s Powertrain segment offers transmission module and differential assemblies, transmission valve bodies, connecting rod forging and assemblies, torsional vibration dampers, and variable valve timing products for original equipment manufacturers and automotive suppliers. Its Casting segment provides thin wall castings and high strength ductile iron castings, as well as differential cases, steering knuckles, control arms, brackets, and turbo charger housings for the light vehicle, commercial, and industrial markets. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 23:32 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.