AZZ Inc. provides galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States and internationally. More Details
Flawless balance sheet average dividend payer.
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 not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AZZ's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AZZ underperformed the US Electrical industry which returned 69.5% over the past year.
Return vs Market: AZZ exceeded the US Market which returned 35.9% 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
2 weeks ago | Simply Wall StShould Income Investors Look At AZZ Inc. (NYSE:AZZ) Before Its Ex-Dividend?
3 weeks ago | Simply Wall StShould Shareholders Reconsider AZZ Inc.'s (NYSE:AZZ) CEO Compensation Package?
4 weeks ago | Simply Wall StAZZ (NYSE:AZZ) Has Affirmed Its Dividend Of US$0.17
Is AZZ undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AZZ ($52.58) is trading below our estimate of fair value ($59.28)
Significantly Below Fair Value: AZZ is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AZZ is good value based on its PE Ratio (23.9x) compared to the US Electrical industry average (24.1x).
PE vs Market: AZZ is poor value based on its PE Ratio (23.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: AZZ is poor value based on its PEG Ratio (2.4x)
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 (3.3x).
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 (10.1% per year) is above the savings rate (2%).
Earnings vs Market: AZZ's earnings (10.1% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: AZZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: AZZ's revenue (5.6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: AZZ's revenue (5.6% 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 (11.1%).
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 $20.0M impacting its May 31 2021 financial results.
Growing Profit Margin: AZZ's current net profit margins (6.6%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: AZZ's earnings have declined by 11.8% per year over the past 5 years.
Accelerating Growth: AZZ's earnings growth over the past year (73.6%) exceeds its 5-year average (-11.8% per year).
Earnings vs Industry: AZZ earnings growth over the past year (73.6%) exceeded the Electrical industry 22%.
Return on Equity
High ROE: AZZ's Return on Equity (8.8%) is considered low.
How is AZZ's financial position?
Financial Position Analysis
Short Term Liabilities: AZZ's short term assets ($334.9M) exceed its short term liabilities ($131.2M).
Long Term Liabilities: AZZ's short term assets ($334.9M) exceed its long term liabilities ($270.6M).
Debt to Equity History and Analysis
Debt Level: AZZ's debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: AZZ's debt to equity ratio has reduced from 64.5% to 29.1% over the past 5 years.
Debt Coverage: AZZ's debt is well covered by operating cash flow (61.6%).
Interest Coverage: AZZ's interest payments on its debt are well covered by EBIT (11.3x coverage).
What is AZZ current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AZZ's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: AZZ's dividend (1.29%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: AZZ's dividends per share have been stable in the past 10 years.
Growing Dividend: AZZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.9%), AZZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AZZ's dividends in 3 years are forecast to be well covered by earnings (21.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Ferguson (65 yo)
Mr. Thomas E. Ferguson, also known as Tom, has been the Chief Executive Officer and President of AZZ incorporated since November 4, 2013. He served as Chief Executive Officer, FlexSteel Pipeline Technologi...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD3.22M) is about average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: AZZ's management team is considered experienced (3.8 years average tenure).
Experienced Board: AZZ's board of directors are considered experienced (5.4 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.
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$1.318b
- Shares outstanding: 25.07m
- Website: https://www.azz.com
Number of Employees
- AZZ Inc.
- One Museum Place
- Suite 500
- Fort Worth
- United States
AZZ Inc. provides galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and indu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 00:32|
|End of Day Share Price||2021/08/02 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.