AZZ Financial Statements From 2010 to 2024
| AZZ Stock | USD 76.50 1.70 2.27% |
Gross Profit 225.2 M | Profit Margin 0.0563 | Market Capitalization 1.9 B | Enterprise Value Revenue 1.958 | Revenue 1.5 B |
Check AZZ Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AZZ main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . AZZ financial statements analysis is a perfect complement when working with AZZ Incorporated Valuation or Volatility modules.
AZZ |
AZZ Incorporated Company Current Valuation Analysis
AZZ Incorporated's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current AZZ Incorporated Current Valuation | 2.87 B |
Most of AZZ Incorporated's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AZZ Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, AZZ Incorporated has a Current Valuation of 2.87 B. This is 60.56% lower than that of the Electrical Equipment sector and 169.38% higher than that of the Industrials industry. The current valuation for all United States stocks is 82.72% higher than that of the company.
AZZ Incorporated Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AZZ Incorporated's current stock value. Our valuation model uses many indicators to compare AZZ Incorporated value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AZZ Incorporated competition to find correlations between indicators driving AZZ Incorporated's intrinsic value. More Info.AZZ Incorporated is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AZZ Incorporated is roughly 1.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value AZZ Incorporated by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AZZ Incorporated's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AZZ Incorporated's earnings, one of the primary drivers of an investment's value.About AZZ Incorporated Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AZZ Incorporated income statement, its balance sheet, and the statement of cash flows. AZZ Incorporated investors use historical funamental indicators, such as AZZ Incorporated's revenue or net income, to determine how well the company is positioned to perform in the future. Although AZZ Incorporated investors may use each financial statement separately, they are all related. The changes in AZZ Incorporated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AZZ Incorporated's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AZZ Incorporated Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AZZ Incorporated. Please read more on our technical analysis and fundamental analysis pages.
AZZ Inc. offers 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. The company was incorporated in 1956 and is headquartered in Fort Worth, Texas. Azz operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 3885 people.
AZZ Incorporated Investors Sentiment
The influence of AZZ Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AZZ. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AZZ Incorporated's public news can be used to forecast risks associated with an investment in AZZ. The trend in average sentiment can be used to explain how an investor holding AZZ can time the market purely based on public headlines and social activities around AZZ Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AZZ Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AZZ Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AZZ Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AZZ Incorporated.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AZZ Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AZZ Incorporated's short interest history, or implied volatility extrapolated from AZZ Incorporated options trading.
Pair Trading with AZZ Incorporated
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AZZ Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AZZ Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving against AZZ Stock
| 0.74 | OMEX | Odyssey Marine Explo | PairCorr |
| 0.6 | ARC | ARC Document Solutions Financial Report 1st of May 2024 | PairCorr |
| 0.44 | VSME | VS Media Holdings | PairCorr |
The ability to find closely correlated positions to AZZ Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AZZ Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AZZ Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AZZ Incorporated to buy it.
The correlation of AZZ Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AZZ Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AZZ Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AZZ Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of AZZ Incorporated Correlation against competitors. For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.Note that the AZZ Incorporated information on this page should be used as a complementary analysis to other AZZ Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for AZZ Stock analysis
When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is AZZ Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AZZ Incorporated. If investors know AZZ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AZZ Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.02 | Dividend Share 0.68 | Earnings Share 3.02 | Revenue Per Share 60.318 | Quarterly Revenue Growth 0.022 |
The market value of AZZ Incorporated is measured differently than its book value, which is the value of AZZ that is recorded on the company's balance sheet. Investors also form their own opinion of AZZ Incorporated's value that differs from its market value or its book value, called intrinsic value, which is AZZ Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AZZ Incorporated's market value can be influenced by many factors that don't directly affect AZZ Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AZZ Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if AZZ Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AZZ Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.