Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 1/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 4/6 |
AIN Stock Overview
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business.
Rewards
Risk Analysis
No risks detected for AIN from our risk checks.
Albany International Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$80.11 |
52 Week High | US$91.53 |
52 Week Low | US$74.17 |
Beta | 1.29 |
1 Month Change | -4.42% |
3 Month Change | -6.64% |
1 Year Change | -9.79% |
3 Year Change | -2.70% |
5 Year Change | 48.22% |
Change since IPO | 340.16% |
Recent News & Updates
Albany International (NYSE:AIN) Has Re-Affirmed Its Dividend Of US$0.21
Albany International Corp.'s ( NYSE:AIN ) investors are due to receive a payment of US$0.21 per share on 8th of July...
Returns On Capital Are Showing Encouraging Signs At Albany International (NYSE:AIN)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
These 4 Measures Indicate That Albany International (NYSE:AIN) Is Using Debt Reasonably Well
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Shareholder Returns
AIN | US Machinery | US Market | |
---|---|---|---|
7D | 1.0% | -2.6% | -2.5% |
1Y | -9.8% | -22.5% | -21.2% |
Return vs Industry: AIN exceeded the US Machinery industry which returned -22.9% over the past year.
Return vs Market: AIN exceeded the US Market which returned -21.7% over the past year.
Price Volatility
AIN volatility | |
---|---|
AIN Average Weekly Movement | 5.0% |
Machinery Industry Average Movement | 6.2% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.9% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: AIN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AIN's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1895 | 4,100 | Bill Higgins | https://www.albint.com |
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels.
Albany International Fundamentals Summary
AIN fundamental statistics | |
---|---|
Market Cap | US$2.52b |
Earnings (TTM) | US$118.63m |
Revenue (TTM) | US$951.05m |
21.3x
P/E Ratio2.7x
P/S RatioIs AIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
AIN income statement (TTM) | |
---|---|
Revenue | US$951.05m |
Cost of Revenue | US$569.60m |
Gross Profit | US$381.45m |
Other Expenses | US$262.82m |
Earnings | US$118.63m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 25, 2022
Earnings per share (EPS) | 3.77 |
Gross Margin | 40.11% |
Net Profit Margin | 12.47% |
Debt/Equity Ratio | 49.6% |
How did AIN perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield22%
Payout RatioValuation
Is AIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AIN?
Other financial metrics that can be useful for relative valuation.
What is AIN's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$2.52b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2.8x |
Enterprise Value/EBITDA | 10.7x |
PEG Ratio | 2.1x |
Price to Earnings Ratio vs Peers
How does AIN's PE Ratio compare to its peers?
AIN PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 44.4x | ||
SPXC SPX | 49.9x | 41.1% | US$2.4b |
ESAB ESAB | 11.2x | 8.9% | US$2.6b |
WBT Welbilt | 46.3x | 55.7% | US$3.4b |
AIMC Altra Industrial Motion | 70.2x | 55.1% | US$2.3b |
AIN Albany International | 21.3x | 10.4% | US$2.5b |
Price-To-Earnings vs Peers: AIN is good value based on its Price-To-Earnings Ratio (21.3x) compared to the peer average (44.4x).
Price to Earnings Ratio vs Industry
How does AIN's PE Ratio compare vs other companies in the US Machinery Industry?
Price-To-Earnings vs Industry: AIN is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the US Machinery industry average (20.2x)
Price to Earnings Ratio vs Fair Ratio
What is AIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 21.3x |
Fair PE Ratio | 17.3x |
Price-To-Earnings vs Fair Ratio: AIN is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the estimated Fair Price-To-Earnings Ratio (17.3x).
Share Price vs Fair Value
What is the Fair Price of AIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AIN ($80.11) is trading below our estimate of fair value ($135.48)
Significantly Below Fair Value: AIN is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: AIN is poor value based on its PEG Ratio (2.1x)
Discover undervalued companies
Future Growth
How is Albany International forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIN's forecast earnings growth (10.4% per year) is above the savings rate (1.9%).
Earnings vs Market: AIN's earnings (10.4% per year) are forecast to grow slower than the US market (13.6% per year).
High Growth Earnings: AIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: AIN's revenue (5.2% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: AIN's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AIN's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Past Performance
How has Albany International performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
20.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIN has high quality earnings.
Growing Profit Margin: AIN's current net profit margins (12.5%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: AIN's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: AIN's earnings growth over the past year (1.3%) is below its 5-year average (20.4% per year).
Earnings vs Industry: AIN earnings growth over the past year (1.3%) underperformed the Machinery industry 22.7%.
Return on Equity
High ROE: AIN's Return on Equity (13.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Albany International's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AIN's short term assets ($788.6M) exceed its short term liabilities ($178.1M).
Long Term Liabilities: AIN's short term assets ($788.6M) exceed its long term liabilities ($537.7M).
Debt to Equity History and Analysis
Debt Level: AIN's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: AIN's debt to equity ratio has reduced from 90.9% to 49.6% over the past 5 years.
Debt Coverage: AIN's debt is well covered by operating cash flow (41.6%).
Interest Coverage: AIN's interest payments on its debt are well covered by EBIT (11.8x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Albany International current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AIN's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.61%).
High Dividend: AIN's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (4.3%).
Stability and Growth of Payments
Stable Dividend: AIN's dividends per share have been stable in the past 10 years.
Growing Dividend: AIN's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.3%), AIN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.8%), AIN's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Bill Higgins (64 yo)
2.42yrs
Tenure
US$4,725,711
Compensation
Mr. Andrew William Higgins, also known as Bill, serves as President and Chief executive officer of Albany International Corp. since January 20, 2020 and served as its the Chairman since February 25, 2019 u...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD4.73M) is below average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AIN's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: AIN's board of directors are considered experienced (5.5 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Albany International Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Albany International Corp.
- Ticker: AIN
- Exchange: NYSE
- Founded: 1895
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$2.523b
- Shares outstanding: 31.50m
- Website: https://www.albint.com
Number of Employees
Location
- Albany International Corp.
- 216 Airport Drive
- Rochester
- New Hampshire
- 3867
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/07/01 00:00 |
End of Day Share Price | 2022/07/01 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.