OTCPK:ADRZ.Y

Stock Analysis Report

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Executive Summary

Andritz AG provides plants, equipment, and services for hydropower stations, pulp and paper industry, metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors.


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Andritz's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADRZ.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ADRZ.Y

-1.0%

US Machinery

2.2%

US Market


1 Year Return

n/a

ADRZ.Y

7.1%

US Machinery

16.2%

US Market

Return vs Industry: Insufficient data to determine how ADRZ.Y performed against the US Machinery industry.

Return vs Market: Insufficient data to determine how ADRZ.Y performed against the US Market.


Shareholder returns

ADRZ.YIndustryMarket
7 Day0%-1.0%2.2%
30 Day0%5.4%4.9%
90 Day12.7%22.6%17.8%
1 Yearn/a9.2%7.1%18.7%16.2%
3 Year-35.7%-39.1%17.9%10.2%41.1%32.0%
5 Year-29.2%-35.7%63.1%43.5%74.5%55.7%

Price Volatility Vs. Market

How volatile is Andritz's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Andritz undervalued compared to its fair value and its price relative to the market?

15.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ADRZ.Y ($7.54) is trading below our estimate of fair value ($8.91)

Significantly Below Fair Value: ADRZ.Y is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ADRZ.Y is good value based on its PE Ratio (21.5x) compared to the US Machinery industry average (22.8x).

PE vs Market: ADRZ.Y is poor value based on its PE Ratio (21.5x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: ADRZ.Y is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: ADRZ.Y is overvalued based on its PB Ratio (2.4x) compared to the US Machinery industry average (2.1x).


Next Steps

Future Growth

How is Andritz forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

24.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADRZ.Y's forecast earnings growth (24.3% per year) is above the savings rate (2.2%).

Earnings vs Market: ADRZ.Y's earnings (24.3% per year) are forecast to grow faster than the US market (22.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ADRZ.Y's revenue (0.3% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: ADRZ.Y's revenue (0.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ADRZ.Y's Return on Equity is forecast to be low in 3 years time (19.1%).


Next Steps

Past Performance

How has Andritz performed over the past 5 years?

-13.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADRZ.Y has high quality earnings.

Growing Profit Margin: ADRZ.Y's current net profit margins (2%) are lower than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: ADRZ.Y's earnings have declined by 13.7% per year over the past 5 years.

Accelerating Growth: ADRZ.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ADRZ.Y had negative earnings growth (-31.7%) over the past year, making it difficult to compare to the Machinery industry average (-13.8%).


Return on Equity

High ROE: ADRZ.Y's Return on Equity (10.7%) is considered low.


Next Steps

Financial Health

How is Andritz's financial position?


Financial Position Analysis

Short Term Liabilities: ADRZ.Y's short term assets (€4.4B) exceed its short term liabilities (€3.6B).

Long Term Liabilities: ADRZ.Y's short term assets (€4.4B) exceed its long term liabilities (€2.2B).


Debt to Equity History and Analysis

Debt Level: ADRZ.Y's debt to equity ratio (109.6%) is considered high.

Reducing Debt: ADRZ.Y's debt to equity ratio has increased from 43.6% to 109.6% over the past 5 years.

Debt Coverage: ADRZ.Y's debt is well covered by operating cash flow (48.7%).

Interest Coverage: ADRZ.Y's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Andritz current dividend yield, its reliability and sustainability?

2.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ADRZ.Y's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: ADRZ.Y's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (4.54%).


Stability and Growth of Payments

Stable Dividend: ADRZ.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: ADRZ.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.7%), ADRZ.Y's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ADRZ.Y's dividends in 3 years are forecast to be well covered by earnings (49.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average management tenure


CEO

Wolfgang Leitner (67 yo)

26.17yrs

Tenure

€2,138,326

Compensation

Dr. Wolfgang Leitner has been the President and Chief Executive Officer of Andritz AG since June 29, 1994 and has been its Member of Executive Board since October 1, 1987. Dr. Leitner served as the Chief F ...


CEO Compensation Analysis

Compensation vs Market: Wolfgang's total compensation ($USD2.52M) is below average for companies of similar size in the US market ($USD5.74M).

Compensation vs Earnings: Wolfgang's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Wolfgang Leitner
President26.17yrs€2.14mno data
Norbert Nettesheim
CFO & Member of Executive Board0.67yr€1.64mno data
Humbert Köfler
Member of the Executive Board13.33yrs€1.09mno data
Wolfgang Semper
Member of Executive Board9.33yrs€1.08mno data
Joachim Schönbeck
Member of Executive Board5.83yrs€1.10mno data
Michael Buchbauer
Head of Group Financeno datano datano data
David Bumsted
Senior VP & Group General Counselno datano datano data

9.3yrs

Average Tenure

59yo

Average Age

Experienced Management: ADRZ.Y's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wolfgang Bernhard
Member of the Supervisory Board0.58yrno datano data
Christian Nowotny
Independent Chairman of Supervisory Board6.58yrs€72.50kno data
Andreas Martiner
Independent Member of Supervisory Board19.5yrsno datano data
Jürgen Fechter
Independent Member of Supervisory Board4.42yrs€40.00kno data
Alexander Leeb
Independent Member of Supervisory Board1.42yrs€30.00kno data
Georg Auer
Independent Member of Supervisory Board9.08yrsno datano data
Monika Kircher-Kohl
Independent Member of Supervisory Board6.42yrs€57.50kno data
Alexander Isola
Independent Member of Supervisory Board4.42yrs€42.50kno data
Monika Suppan
Independent Member of the Supervisory Board2.58yrsno datano data

4.4yrs

Average Tenure

60yo

Average Age

Experienced Board: ADRZ.Y's board of directors are considered experienced (4.4 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

Andritz AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Andritz AG
  • Ticker: ADRZ.Y
  • Exchange: OTCPK
  • Founded: 1852
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €2.904b
  • Listing Market Cap: €3.418b
  • Shares outstanding: 99.87m
  • Website: https://www.andritz.com

Number of Employees


Location

  • Andritz AG
  • Stattegger Strasse 18
  • Graz
  • Styria
  • 8045
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANDRWBAG (Wiener Boerse AG)YesBearer SharesATEURJun 2001
AZ2DB (Deutsche Boerse AG)YesBearer SharesDEEURJun 2001
ADRZ.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJun 2001
0MJZLSE (London Stock Exchange)YesBearer SharesGBEURJun 2001
AZ2XTRA (XETRA Trading Platform)YesBearer SharesDEEURJun 2001
ANDRVBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJun 2001
ANDRSWX (SIX Swiss Exchange)YesBearer SharesCHCHFJun 2001
ANDRSEP (The Stock Exchange Prague Co. Ltd.)YesBearer SharesCZCZKJun 2001
AZ2-UETLX (Eurotlx)YesBearer SharesITEURJun 2001
ADRZ.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Andritz AG provides plants, equipment, and services for hydropower stations, pulp and paper industry, metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 00:07
End of Day Share Price2020/06/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.