AIN Stock Overview
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business.
No risks detected for AIN from our risk checks.
Albany International Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$83.37|
|52 Week High||US$93.43|
|52 Week Low||US$65.14|
|1 Month Change||-5.83%|
|3 Month Change||5.05%|
|1 Year Change||13.01%|
|3 Year Change||23.60%|
|5 Year Change||75.70%|
|Change since IPO||358.08%|
Recent News & Updates
Here's Why I Think Albany International (NYSE:AIN) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Albany International Corp.'s (NYSE:AIN) Intrinsic Value Is Potentially 20% Below Its Share Price
Today we will run through one way of estimating the intrinsic value of Albany International Corp. ( NYSE:AIN ) by...
Is Now An Opportune Moment To Examine Albany International Corp. (NYSE:AIN)?
Albany International Corp. ( NYSE:AIN ), might not be a large cap stock, but it saw a double-digit share price rise of...
Investors Will Want Albany International's (NYSE:AIN) Growth In ROCE To Persist
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
We Think Albany International (NYSE:AIN) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|AIN||US Machinery||US Market|
Return vs Industry: AIN exceeded the US Machinery industry which returned 6.6% over the past year.
Return vs Market: AIN exceeded the US Market which returned 4.2% over the past year.
|AIN Average Weekly Movement||4.3%|
|Machinery Industry Average Movement||4.9%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.4%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: AIN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AIN's weekly volatility (4%) has been stable over the past year.
About the Company
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 manufacturing papers, paperboards, tissues, and towels.
Albany International Fundamentals Summary
|AIN fundamental statistics|
Is AIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AIN income statement (TTM)|
|Cost of Revenue||US$542.55m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 15, 2022
|Earnings per share (EPS)||3.62|
|Net Profit Margin||12.81%|
How did AIN perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is Albany International undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AIN ($83.37) is trading above our estimate of fair value ($70.06)
Significantly Below Fair Value: AIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AIN is good value based on its PE Ratio (23x) compared to the US Machinery industry average (28x).
PE vs Market: AIN is poor value based on its PE Ratio (23x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: AIN is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: AIN is overvalued based on its PB Ratio (3.1x) compared to the US Machinery industry average (2.7x).
How is Albany International forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIN's forecast earnings growth (8% per year) is above the savings rate (2%).
Earnings vs Market: AIN's earnings (8% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: AIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: AIN's revenue (7.4% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: AIN's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AIN's Return on Equity is forecast to be low in 3 years time (13%).
How has Albany International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIN has high quality earnings.
Growing Profit Margin: AIN's current net profit margins (12.8%) are higher than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: AIN's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: AIN's earnings growth over the past year (17.1%) is below its 5-year average (20.6% per year).
Earnings vs Industry: AIN earnings growth over the past year (17.1%) underperformed the Machinery industry 34.4%.
Return on Equity
High ROE: AIN's Return on Equity (13.4%) is considered low.
How is Albany International's financial position?
Financial Position Analysis
Short Term Liabilities: AIN's short term assets ($751.9M) exceed its short term liabilities ($181.5M).
Long Term Liabilities: AIN's short term assets ($751.9M) exceed its long term liabilities ($478.4M).
Debt to Equity History and Analysis
Debt Level: AIN's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: AIN's debt to equity ratio has reduced from 94.2% to 40.6% over the past 5 years.
Debt Coverage: AIN's debt is well covered by operating cash flow (57.3%).
Interest Coverage: AIN's interest payments on its debt are well covered by EBIT (11.5x coverage).
What is Albany International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AIN's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: AIN's dividend (1.01%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: AIN's dividends per share have been stable in the past 10 years.
Growing Dividend: AIN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.1%), AIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AIN's dividends in 3 years are forecast to be well covered by earnings (19.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Higgins (63 yo)
Mr. Andrew William Higgins, also known as Bill, serves as President and Chief executive officer of Albany International Corp. since January 20, 2020 and served as its the Chairman since February 25, 2019 u...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD3.73M) is about average for companies of similar size in the US market ($USD5.29M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Experienced Management: AIN's management team is considered experienced (2.9 years average tenure).
Experienced Board: AIN's board of directors are considered experienced (5.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Albany International Corp.'s employee growth, exchange listings and data sources
- Name: Albany International Corp.
- Ticker: AIN
- Exchange: NYSE
- Founded: 1895
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$2.700b
- Shares outstanding: 32.38m
- Website: https://www.albint.com
Number of Employees
- Albany International Corp.
- 216 Airport Drive
- New Hampshire
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/26 00:53|
|End of Day Share Price||2022/01/25 00:00|
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.