Azz Incorporated Stock Fundamentals
| AZZ Stock | USD 71.49 1.75 2.39% |
AZZ Incorporated fundamentals help investors to digest information that contributes to AZZ Incorporated's financial success or failures. It also enables traders to predict the movement of AZZ Stock. The fundamental analysis module provides a way to measure AZZ Incorporated's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AZZ Incorporated stock.
At this time, AZZ Incorporated's Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 16.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 134.8 M in 2024. AZZ | Select Account or Indicator |
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 | 3.28 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.
AZZ Current Valuation Historical Pattern
Today, most investors in AZZ Incorporated Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AZZ Incorporated's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of AZZ Incorporated current valuation as a starting point in their analysis.
AZZ Incorporated Current Valuation |
| Timeline |
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 3.28 B. This is 55.02% lower than that of the Electrical Equipment sector and 207.24% higher than that of the Industrials industry. The current valuation for all United States stocks is 80.3% 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 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AZZ Incorporated is roughly 1.81 . At this time, AZZ Incorporated's Return On Equity is fairly stable compared to the past year.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.AZZ Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AZZ Incorporated's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AZZ Incorporated could also be used in its relative valuation, which is a method of valuing AZZ Incorporated by comparing valuation metrics of similar companies.AZZ Incorporated is currently under evaluation in current valuation category among related companies.
AZZ Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0627 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 3.28 B | |||
| Shares Outstanding | 25.1 M | |||
| Shares Owned By Insiders | 2.43 % | |||
| Shares Owned By Institutions | 91.68 % | |||
| Number Of Shares Shorted | 359.69 K | |||
| Price To Earning | 27.04 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 1.30 X | |||
| Revenue | 1.54 B | |||
| Gross Profit | 225.22 M | |||
| EBITDA | 316.59 M | |||
| Net Income | 87.21 M | |||
| Cash And Equivalents | 2.82 M | |||
| Cash Per Share | 0.46 X | |||
| Total Debt | 977.23 M | |||
| Debt To Equity | 1.49 % | |||
| Current Ratio | 1.88 X | |||
| Book Value Per Share | 27.92 X | |||
| Cash Flow From Operations | 244.47 M | |||
| Short Ratio | 2.54 X | |||
| Earnings Per Share | 3.46 X | |||
| Price To Earnings To Growth | 1.12 X | |||
| Target Price | 88.5 | |||
| Number Of Employees | 3.87 K | |||
| Beta | 1.25 | |||
| Market Capitalization | 2.08 B | |||
| Total Asset | 2.2 B | |||
| Retained Earnings | 576.23 M | |||
| Working Capital | 172.69 M | |||
| Current Asset | 309.33 M | |||
| Current Liabilities | 148.41 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.56 % | |||
| Net Asset | 2.2 B | |||
| Last Dividend Paid | 0.68 |
About AZZ Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AZZ Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AZZ Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AZZ Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 172 K | 163.4 K | |
| Total Revenue | 1.5 B | 1.6 B | |
| Cost Of Revenue | 1.2 B | 1.2 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.01 | 0.01 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.06) | (0.07) | |
| Revenue Per Share | 61.00 | 64.06 | |
| Ebit Per Revenue | 0.14 | 0.08 |
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
| 0.77 | LICN | Lichen China Limited Buyout Trend | PairCorr |
| 0.74 | AZ | A2Z Smart Technologies | PairCorr |
| 0.72 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.64 | NTIP | Network 1 Technologies | PairCorr |
| 0.55 | AP | Ampco Pittsburgh | 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 AZZ Incorporated Piotroski F Score and AZZ Incorporated Altman Z Score analysis. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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 3.46 | Revenue Per Share 61.403 | Quarterly Revenue Growth 0.089 |
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.