AZZ Inc. provides galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, and industrial markets. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has AZZ's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZZ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AZZ's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AZZ underperformed the US Electrical industry which returned 69.2% over the past year.
Return vs Market: AZZ exceeded the US Market which returned 36.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is AZZ's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAZZ Inc.'s (NYSE:AZZ) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
2 months ago | Simply Wall StAZZ (NYSE:AZZ) Seems To Use Debt Quite Sensibly
2 months ago | Simply Wall StAZZ's(NYSE:AZZ) Share Price Is Down 17% Over The Past Five Years.
Is AZZ 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: AZZ ($52.1) is trading above our estimate of fair value ($39.48)
Significantly Below Fair Value: AZZ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AZZ is poor value based on its PE Ratio (106.2x) compared to the US Electrical industry average (30.9x).
PE vs Market: AZZ is poor value based on its PE Ratio (106.2x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: AZZ is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: AZZ is good value based on its PB Ratio (2.1x) compared to the US Electrical industry average (4.7x).
How is AZZ forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AZZ's forecast earnings growth (56.9% per year) is above the savings rate (2%).
Earnings vs Market: AZZ's earnings (56.9% per year) are forecast to grow faster than the US market (19.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AZZ's revenue (6.7% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: AZZ's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AZZ's Return on Equity is forecast to be low in 3 years time (10.3%).
How has AZZ performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZZ has a large one-off loss of $48.1M impacting its November 30 2020 financial results.
Growing Profit Margin: AZZ's current net profit margins (1.4%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: AZZ's earnings have declined by 15.5% per year over the past 5 years.
Accelerating Growth: AZZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AZZ had negative earnings growth (-81%) over the past year, making it difficult to compare to the Electrical industry average (-11.6%).
Return on Equity
High ROE: AZZ's Return on Equity (2.1%) is considered low.
How is AZZ's financial position?
Financial Position Analysis
Short Term Liabilities: AZZ's short term assets ($324.7M) exceed its short term liabilities ($123.5M).
Long Term Liabilities: AZZ's short term assets ($324.7M) exceed its long term liabilities ($262.3M).
Debt to Equity History and Analysis
Debt Level: AZZ's debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: AZZ's debt to equity ratio has reduced from 68.7% to 29.2% over the past 5 years.
Debt Coverage: AZZ's debt is well covered by operating cash flow (72.6%).
Interest Coverage: AZZ's interest payments on its debt are well covered by EBIT (8x coverage).
What is AZZ current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AZZ's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: AZZ's dividend (1.31%) is low compared to the top 25% of dividend payers in the US market (3.64%).
Stability and Growth of Payments
Stable Dividend: AZZ's dividends per share have been stable in the past 10 years.
Growing Dividend: AZZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (138.6%), AZZ's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AZZ's dividends in 3 years are forecast to be well covered by earnings (23.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Ferguson (64 yo)
Mr. Thomas E. Ferguson, also known as Tom, has been the Chief Executive Officer and President of AZZ incorporated since November 4, 2013. He served as Chief Executive Officer, FlexSteel Pipeline Technologi...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD3.41M) is about average for companies of similar size in the US market ($USD3.67M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Legal Officer & Corporate Secretary||6.83yrs||US$976.38k||0.032% |
|President & GM of Electrical Platform||3.58yrs||US$1.24m||0.041% |
|Chief Operating Officer of Infrastructure Solutions||0.42yr||US$2.13m||0.055% |
|Senior VP||0.83yr||no data||0.0057% |
|Chief Information & Human Resource Officer||8.17yrs||US$774.98k||0.037% |
|Senior Vice President of Strategic Marketing||0.67yr||no data||no data|
|Vice President of Corporate Development||7.17yrs||US$466.47k||0.045% |
|Chief Operating Officer of Metal Coatings Segment||0.67yr||no data||0.056% |
|Senior Vice President of Surface Technologies & Galvabar||3.17yrs||no data||0.0089% |
Experienced Management: AZZ's management team is considered experienced (3.4 years average tenure).
|Independent Director||21.17yrs||US$172.91k||0.27% |
|Independent Chairman of the Board||2.17yrs||US$221.56k||0.28% |
|Independent Director||5yrs||US$169.54k||0.062% |
|Independent Director||0.083yr||no data||no data|
|Independent Director||5.67yrs||US$170.00k||0.050% |
|Independent Director||5.17yrs||US$170.00k||0.042% |
|Independent Director||4.17yrs||US$166.82k||0.036% |
|Independent Director||0.083yr||no data||no data|
Experienced Board: AZZ's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AZZ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AZZ Inc.'s company bio, employee growth, exchange listings and data sources
- Name: AZZ Inc.
- Ticker: AZZ
- Exchange: NYSE
- Founded: 1956
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Market Cap: US$1.301b
- Shares outstanding: 25.36m
- Website: https://www.azz.com
Number of Employees
- AZZ Inc.
- One Museum Place
- Suite 500
- Fort Worth
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AZZ||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|AI7||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
AZZ Inc. provides galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/06 00:31|
|End of Day Share Price||2021/03/05 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.