Azek Financials

AZEK Stock  USD 49.81  1.59  3.30%   
Based on the analysis of Azek's profitability, liquidity, and operating efficiency, Azek Company is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Azek's Net Debt is quite stable compared to the past year. Long Term Debt is expected to rise to about 573.9 M this year, although the value of Other Liabilities will most likely fall to about 64 M. Key indicators impacting Azek's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00230.0024
Notably Down
Slightly volatile
Current Ratio2.142.1719
Fairly Down
Pretty Stable
Investors should never underestimate Azek's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Azek's cash flow, debt, and profitability to make informed and accurate decisions about investing in Azek Company.

Net Income

161.05 Million

  
Understanding current and past Azek Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Azek's financial statements are interrelated, with each one affecting the others. For example, an increase in Azek's assets may result in an increase in income on the income statement.

Azek Stock Summary

Azek competes with Louisiana Pacific, Masco, Fortune Brands, Trane Technologies, and Quanex Building. The AZEK Company Inc. engages in designing, manufacturing, and selling building products for residential, commercial, and industrial markets in the United States. The AZEK Company Inc. was incorporated in 2013 and is headquartered in Chicago, Illinois. Azek operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 2000 people.
Specialization
Industrials, Building Products & Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS05478C1053
CUSIP05478C105
LocationIllinois; U.S.A
Business Address1330 West Fulton
SectorBuilding Products
IndustryIndustrials
BenchmarkDow Jones Industrial
Websiteazekco.com
Phone877 275 2935
CurrencyUSD - US Dollar

Azek Key Financial Ratios

Azek Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab81.0M4.5M119.8M129.1M109.6M55.3M
Other Liab30.0M125.5M65.2M71.0M81.6M64.0M
Net Tangible Assets60.1M233.2M204.6M235.9M271.3M284.8M
Retained Earnings(283.5M)(188.2M)(113.0M)(45.0M)(64.4M)(67.6M)
Accounts Payable42.1M69.5M49.0M56.0M64.4M50.1M
Other Assets1.6M70.5M94.8M841K76.1M79.9M
Net Receivables70.9M77.3M90.2M57.7M66.3M58.7M
Inventory130.1M188.9M299.9M221.1M195.6M167.1M
Other Current Assets8.7M1.4M26.4M12.3M29.7M31.2M
Total Current Assets424.7M532.4M530.6M583.0M561.3M417.2M
Total Assets1.9B2.2B2.4B2.4B2.4B2.3B
Net Debt258.9M214.2M470.1M308.0M314.9M414.5M
Cash215.0M250.5M120.8M278.3M320.1M209.2M
Long Term Debt463.0M464.7M584.9M580.3M522.2M573.9M
Total Liab628.0M760.7M938.6M935.9M1.0B782.3M
Net Invested Capital1.8B1.9B2.0B2.0B2.3B2.0B
Net Working Capital300.7M362.0M348.1M387.7M445.9M309.5M
Short Term Debt969K4.0M13.6M6M13.0M8.7M

Azek Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense71.2M20.3M25.0M39.3M40.3M37.5M
Income Tax Expense(8.3M)28.7M28.8M23.9M56.1M59.0M
Ebit(59.3M)143.2M118.3M131.2M126.4M84.3M
Tax Provision(8.3M)28.7M28.8M23.9M27.5M28.9M
Interest Income68.7M83.2M0.04.3M3.9M3.7M
Total Revenue899.3M1.2B1.4B1.4B1.4B1.1B
Gross Profit296.1M390.0M409.3M437.7M541.8M371.1M
Operating Income(20.8M)142.1M128.9M131.2M212.1M222.7M
Cost Of Revenue603.2M789.0M946.3M932.7M899.7M777.6M
Income Before Tax(130.5M)121.8M104.0M91.9M209.5M220.0M
Net Income(122.2M)88.9M67.2M68.0M153.4M161.0M
Net Interest Income(71.2M)(20.3M)(25.0M)(39.3M)(45.2M)(47.4M)
Research Development7.7M7.4M9.5M9.2M10.6M9.1M
Ebitda40.4M244.8M236.8M263.7M212.1M200.6M

Azek Key Cash Accounts

201920202021202220232024 (projected)
Net Borrowings(661.3M)(1.9M)124.0M(8.6M)(7.8M)(8.1M)
Capital Expenditures95.6M175.1M172.4M88.5M77.1M89.2M
Change To Netincome153.0M52.2M53.3M13.4M15.4M14.6M
Change To Inventory(12.1M)(58.8M)(97.5M)78.7M(47.5M)(45.2M)
Change In Cash109.1M35.5M(129.7M)157.5M(114.3M)(108.6M)
Depreciation99.8M101.6M118.5M132.5M89.6M101.1M
Net Income(122.2M)93.2M75.2M68.0M153.4M161.0M
End Period Cash Flow215.0M250.5M120.8M278.3M164.0M181.3M
Investments(113.8M)(175.1M)(280.2M)(88.5M)(101.8M)(106.9M)
Free Cash Flow2.8M32.6M(66.6M)274.0M147.3M154.7M
Other Non Cash Items46.0M4.4M6.1M4.3M(23.0M)(21.8M)

Azek Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Azek's current stock value. Our valuation model uses many indicators to compare Azek value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Azek competition to find correlations between indicators driving Azek's intrinsic value. More Info.
Azek Company is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Azek Company is roughly  1.92 . At this time, Azek's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Azek by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Azek Company Systematic Risk

Azek's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Azek volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Azek Company correlated with the market. If Beta is less than 0 Azek generally moves in the opposite direction as compared to the market. If Azek Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Azek Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Azek is generally in the same direction as the market. If Beta > 1 Azek moves generally in the same direction as, but more than the movement of the benchmark.

Azek Thematic Clasifications

Azek Company is part of Rubber and Plastic Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Rubber and Plastic ProductsView
This theme covers USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Azek Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Azek's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Azek growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.31

At this time, Azek's Price Earnings To Growth Ratio is quite stable compared to the past year.

Azek November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Azek help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Azek Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of Azek Company based on widely used predictive technical indicators. In general, we focus on analyzing Azek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Azek's daily price indicators and compare them against related drivers.
When determining whether Azek Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Azek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azek Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Building Products space 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 Azek. If investors know Azek 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 Azek 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
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek'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 Azek's market value can be influenced by many factors that don't directly affect Azek'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 Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek'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.