Anixter International Inc., through its subsidiary, Anixter Inc., distributes enterprise cabling and security solutions, electrical and electronic wire and cable solutions, and utility power solutions worldwide.
Excellent balance sheet with solid track record.
Share Price & News
How has Anixter International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AXE exceeded the US Electronic industry which returned -20.4% over the past year.
Return vs Market: AXE exceeded the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Anixter International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StImagine Owning Anixter International (NYSE:AXE) And Wondering If The 18% Share Price Slide Is Justified
5 months ago | Simply Wall StDoes Anixter International (NYSE:AXE) Deserve A Spot On Your Watchlist?
5 months ago | Simply Wall StDoes Anixter International Inc.'s (NYSE:AXE) P/E Ratio Signal A Buying Opportunity?
Is Anixter International 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: AXE ($87.87) is trading below our estimate of fair value ($126.18)
Significantly Below Fair Value: AXE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXE is good value based on its PE Ratio (11.4x) compared to the Electronic industry average (14.7x).
PE vs Market: AXE is good value based on its PE Ratio (11.4x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AXE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXE is overvalued based on its PB Ratio (1.6x) compared to the US Electronic industry average (1.5x).
How is Anixter International forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if AXE's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if AXE's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AXE's revenue is expected to decline over the next 3 years (-2.6% per year).
High Growth Revenue: AXE's revenue is forecast to decline over the next 3 years (-2.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AXE's Return on Equity is forecast to be high in 3 years time
How has Anixter International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXE has high quality earnings.
Growing Profit Margin: AXE's current net profit margins (3%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: AXE's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: AXE's earnings growth over the past year (67.7%) exceeds its 5-year average (10.4% per year).
Earnings vs Industry: AXE earnings growth over the past year (67.7%) exceeded the Electronic industry 3.2%.
Return on Equity
High ROE: AXE's Return on Equity (14.1%) is considered low.
How is Anixter International's financial position?
Financial Position Analysis
Short Term Liabilities: AXE's short term assets ($3.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: AXE's short term assets ($3.0B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: AXE's debt to equity ratio (56.6%) is considered high.
Reducing Debt: AXE's debt to equity ratio has reduced from 106.1% to 56.6% over the past 5 years.
Debt Coverage: AXE's debt is well covered by operating cash flow (21.6%).
Interest Coverage: AXE's interest payments on its debt are well covered by EBIT (4.8x coverage).
Inventory Level: AXE has a high level of physical assets or inventory.
Debt Coverage by Assets: AXE's debt is covered by short term assets (assets are 2.9x debt).
What is Anixter International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AXE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AXE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Galvin (56yo)
Mr. William A. Galvin, also known as Bill, has been the President at Anixter International Inc. since July 1, 2017 and has been its Chief Executive Officer since July 2018. Mr. Galvin has been a Director o ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD5.90M) is about average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
|Executive VP of Finance & CFO||8.75yrs||US$2.86m||0.18% $5.4m|
|Executive VP||7.83yrs||US$1.47m||0.080% $2.4m|
|Executive Vice President of Electrical & Electronic Solutions||4.75yrs||US$1.75m||0.063% $1.9m|
|Executive Vice President of Network & Security Solutions||2.75yrs||US$1.52m||0.023% $674.2k|
|Executive Vice President of Operations||2.25yrs||no data||0.0057% $169.9k|
|Executive VP & Chief Information Officer||5.17yrs||no data||0.027% $808.3k|
|Senior VP of Investor Relations & Treasurer||no data||no data||no data|
|Executive Vice President of Human Resources||13.67yrs||US$634.12k||0.094% $2.8m|
|Executive Vice President of UPS||no data||no data||0.0055% $164.2k|
Experienced Management: AXE's management team is considered experienced (5 years average tenure).
|Independent Director||35.25yrs||US$261.75k||0.10% $3.0m|
|Independent Director||14.25yrs||US$253.90k||0.0059% $175.6k|
|Independent Director||34.25yrs||US$225.15k||0.048% $1.4m|
|Independent Director||11.25yrs||US$248.44k||0.0035% $105.4k|
|Independent Director||25.25yrs||US$245.11k||no data|
|Chairman of the Board||35.25yrs||US$390.11k||0.046% $1.4m|
|Independent Director||15.92yrs||US$215.06k||0.069% $2.1m|
|Independent Director||4.58yrs||US$277.92k||0.010% $308.2k|
Experienced Board: AXE's board of directors are seasoned and experienced ( 15.1 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.
Anixter International Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Anixter International Inc.
- Ticker: AXE
- Exchange: NYSE
- Founded: 1957
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$2.986b
- Shares outstanding: 34.00m
- Website: https://www.anixter.com
Number of Employees
- Anixter International Inc.
- 2301 Patriot Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXE||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Sep 1983|
|AX1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1983|
Anixter International Inc., through its subsidiary, Anixter Inc., distributes enterprise cabling and security solutions, electrical and electronic wire and cable solutions, and utility power solutions worldwide. The company operates through Network & Security Solutions (NSS), Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS) segments. The NSS segment offers copper and fiber optic cable and connectivity, access control, video surveillance, intrusion and fire/life safety, cabinet, power, cable management, wireless, professional audio/video, voice and networking switches, and other ancillary products for the technology, finance, transportation, education, government, healthcare, and retail industries, as well as telecommunications service providers. The EES Solutions segment provides electrical and electronic wires and cables, shipboard cables, support and supply products, low-voltage and instrumentation cables, industrial communication and control products, security cables, connectors, and industrial Ethernet switches to the commercial and industrial, and original equipment manufacturer markets. The UPS segment supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies, and smart-grid products, as well as arranges materials management and procurement outsourcing for the power generation and transmission, and electricity distribution industries. It serves contractors, installers, system integrators, value-added resellers, architects, engineers, and wholesale distributors in various industries, including manufacturing, resource extraction, telecommunications, Internet service providers, finance, education, healthcare, retail, transportation, utilities, and defense, as well as government customers. The company was formerly known as Itel Corporation. Anixter International Inc. was founded in 1957 and is headquartered in Glenview, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 07:56|
|End of Day Share Price||2020/04/01 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.