American Axle & Manufacturing Holdings
Market Cap
US$1.1b
Last Updated
2021/04/18 22:46 UTC
Data Sources
Company Financials +
Executive Summary
American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming products in the United States, Mexico, South America, China, other Asian countries, and Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: AXL's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-0.1%
AXL
-0.9%
US Auto Components
1.3%
US Market
1 Year Return
155.1%
AXL
115.7%
US Auto Components
53.8%
US Market
Return vs Industry: AXL exceeded the US Auto Components industry which returned 115.7% over the past year.
Return vs Market: AXL exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| AXL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | -0.9% | 1.3% |
| 30 Day | -16.5% | -6.3% | 5.1% |
| 90 Day | 9.2% | 1.7% | 8.9% |
| 1 Year | 155.1%155.1% | 116.8%115.7% | 56.6%53.8% |
| 3 Year | -38.8%-38.8% | 26.5%17.6% | 64.4%53.6% |
| 5 Year | -39.8%-39.8% | 75.4%51.5% | 120.4%95.7% |
Long-Term 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
4 days ago | Simply Wall St
How Much Are American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Insiders Taking Off The Table?4 weeks ago | Simply Wall St
Is American Axle & Manufacturing Holdings' (NYSE:AXL) 284% Share Price Increase Well Justified?1 month ago | Simply Wall St
We Might See A Profit From American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) SoonValuation
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 ($9.54) is trading below our estimate of fair value ($28.53)
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 US 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 overvalued based on its PB Ratio (2.9x) compared to the US Auto Components industry average (2.6x).
Future Growth
How is American Axle & Manufacturing Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
93.0%
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 (2%).
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 (5.1% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: AXL's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXL's Return on Equity is forecast to be high in 3 years time (24%)
Past Performance
How has American Axle & Manufacturing Holdings performed over the past 5 years?
-65.7%
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 65.7% 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 (16.5%).
Return on Equity
High ROE: AXL has a negative Return on Equity (-150.35%), as it is currently unprofitable.
Financial Health
How is American Axle & Manufacturing Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: AXL's short term assets ($1.9B) exceed its short term liabilities ($979.3M).
Long Term Liabilities: AXL's short term assets ($1.9B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: AXL's debt to equity ratio (939.1%) is considered high.
Reducing Debt: AXL's debt to equity ratio has increased from 453.1% to 939.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AXL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AXL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2% per year.
Dividend
What is American Axle & Manufacturing Holdings's current dividend yield, its reliability and sustainability?
0.087%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXL'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 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
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
David Dauch (55 yo)
8.58yrs
Tenure
US$8,844,428
Compensation
Mr. David Charles Dauch has been Chairman and Chief Executive Officer at Metaldyne Performance Group Inc. since April 6, 2017. Mr. Dauch has been the Chairman of the Board and Chief Executive Officer of Am...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD8.84M) is above average for companies of similar size in the US market ($USD2.32M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: AXL's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: AXL's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AXL insiders have only sold shares 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
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$1.079b
- Shares outstanding: 113.91m
- Website: https://www.aam.com
Number of Employees
Location
- American Axle & Manufacturing Holdings, Inc.
- One Dauch Drive
- Detroit
- Michigan
- 48211-1198
- United States
Listings
Biography
American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming products in the United States, Mexico, South America, China, o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 22:46 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| 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.