Azz Incorporated Stock Beta

AZZ Stock

USD 95.54 0.13 0.14%

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.

Short Long Term Debt Total Total Assets

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AZZ Incorporated Company Beta Analysis

AZZ Incorporated's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

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Current AZZ Incorporated Beta

1.25

Most of AZZ Incorporated's fundamental indicators, such as Beta, 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 Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for AZZ Incorporated is extremely important. It helps to project a fair market value of AZZ Stock properly, considering its historical fundamentals such as Beta. Since AZZ Incorporated's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AZZ Incorporated's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AZZ Incorporated's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	0.95	0.7	0.84	0.98	0.78	0.04	0.95	0.94	0.95	0.99	0.28	0.6	-0.52	0.52	0.28	0.62	0.1	0.54	-0.44	0.53	0.49	0.15	-0.65
Total Stockholder Equity	0.94		0.8	0.88	0.86	0.85	0.85	-0.07	0.8	0.85	0.79	0.96	0.4	0.57	-0.41	0.53	0.13	0.54	0.15	0.68	-0.61	0.58	0.33	0.15	-0.65
Net Debt	0.95	0.8		0.46	0.74	0.99	0.59	0.08	0.99	0.93	1.0	0.93	0.08	0.54	-0.64	0.47	0.36	0.63	0.06	0.4	-0.27	0.47	0.6	0.11	-0.61
Retained Earnings	0.7	0.88	0.46		0.78	0.54	0.9	0.0	0.47	0.62	0.44	0.73	0.64	0.52	-0.06	0.39	0.01	0.33	0.25	0.66	-0.77	0.46	0.04	0.16	-0.43
Net Receivables	0.84	0.86	0.74	0.78		0.78	0.81	0.15	0.77	0.91	0.73	0.84	0.52	0.63	-0.32	0.28	0.28	0.52	0.02	0.53	-0.62	0.44	0.49	-0.01	-0.41
Total Liab	0.98	0.85	0.99	0.54	0.78		0.68	0.11	0.99	0.94	0.99	0.95	0.19	0.58	-0.56	0.48	0.36	0.63	0.07	0.42	-0.31	0.47	0.57	0.14	-0.61
Total Current Assets	0.78	0.85	0.59	0.9	0.81	0.68		0.13	0.61	0.72	0.59	0.77	0.74	0.7	0.05	0.5	0.27	0.48	0.18	0.45	-0.58	0.32	0.07	0.34	-0.37
Short Term Debt	0.04	-0.07	0.08	0.0	0.15	0.11	0.13		0.15	0.14	0.09	-0.04	0.45	-0.03	0.21	-0.57	-0.07	-0.36	0.35	-0.25	-0.04	-0.01	0.27	-0.4	0.15
Intangible Assets	0.95	0.8	0.99	0.47	0.77	0.99	0.61	0.15		0.95	1.0	0.92	0.14	0.55	-0.61	0.41	0.36	0.6	0.05	0.4	-0.29	0.47	0.64	0.07	-0.59
Accounts Payable	0.94	0.85	0.93	0.62	0.91	0.94	0.72	0.14	0.95		0.93	0.92	0.3	0.69	-0.52	0.44	0.44	0.67	0.1	0.52	-0.51	0.4	0.59	0.1	-0.49
Long Term Debt	0.95	0.79	1.0	0.44	0.73	0.99	0.59	0.09	1.0	0.93		0.92	0.09	0.55	-0.62	0.46	0.38	0.63	0.04	0.38	-0.25	0.46	0.61	0.12	-0.6
Good Will	0.99	0.96	0.93	0.73	0.84	0.95	0.77	-0.04	0.92	0.92	0.92		0.28	0.63	-0.56	0.57	0.29	0.66	0.11	0.59	-0.49	0.51	0.47	0.14	-0.62
Common Stock	0.28	0.4	0.08	0.64	0.52	0.19	0.74	0.45	0.14	0.3	0.09	0.28		0.53	0.44	0.07	0.16	0.11	0.17	0.14	-0.38	-0.07	-0.01	0.01	0.21
Property Plant Equipment	0.6	0.57	0.54	0.52	0.63	0.58	0.7	-0.03	0.55	0.69	0.55	0.63	0.53		-0.15	0.72	0.83	0.87	0.15	0.27	-0.4	-0.28	0.1	0.47	0.0
Current Deferred Revenue	-0.52	-0.41	-0.64	-0.06	-0.32	-0.56	0.05	0.21	-0.61	-0.52	-0.62	-0.56	0.44	-0.15		-0.26	-0.15	-0.46	0.1	-0.36	0.06	-0.3	-0.55	0.24	0.51
Net Tangible Assets	0.52	0.53	0.47	0.39	0.28	0.48	0.5	-0.57	0.41	0.44	0.46	0.57	0.07	0.72	-0.26		0.61	0.86	0.06	0.37	-0.22	-0.14	-0.19	0.75	-0.28
Long Term Debt Total	0.28	0.13	0.36	0.01	0.28	0.36	0.27	-0.07	0.36	0.44	0.38	0.29	0.16	0.83	-0.15	0.61		0.83	0.01	-0.11	-0.04	-0.57	0.02	0.55	0.18
Capital Surpluse	0.62	0.54	0.63	0.33	0.52	0.63	0.48	-0.36	0.6	0.67	0.63	0.66	0.11	0.87	-0.46	0.86	0.83		-0.01	0.29	-0.22	-0.21	0.13	0.54	-0.23
Deferred Long Term Liab	0.1	0.15	0.06	0.25	0.02	0.07	0.18	0.35	0.05	0.1	0.04	0.11	0.17	0.15	0.1	0.06	0.01	-0.01		0.27	-0.48	-0.14	-0.23	0.18	-0.14
Accumulated Depreciation	0.54	0.68	0.4	0.66	0.53	0.42	0.45	-0.25	0.4	0.52	0.38	0.59	0.14	0.27	-0.36	0.37	-0.11	0.29	0.27		-0.79	0.49	0.24	0.0	-0.39
Short Long Term Debt	-0.44	-0.61	-0.27	-0.77	-0.62	-0.31	-0.58	-0.04	-0.29	-0.51	-0.25	-0.49	-0.38	-0.4	0.06	-0.22	-0.04	-0.22	-0.48	-0.79		-0.32	-0.04	-0.11	0.21
Cash And Equivalents	0.53	0.58	0.47	0.46	0.44	0.47	0.32	-0.01	0.47	0.4	0.46	0.51	-0.07	-0.28	-0.3	-0.14	-0.57	-0.21	-0.14	0.49	-0.32		0.44	-0.3	-0.63
Net Invested Capital	0.49	0.33	0.6	0.04	0.49	0.57	0.07	0.27	0.64	0.59	0.61	0.47	-0.01	0.1	-0.55	-0.19	0.02	0.13	-0.23	0.24	-0.04	0.44		-0.61	-0.07
Net Working Capital	0.15	0.15	0.11	0.16	-0.01	0.14	0.34	-0.4	0.07	0.1	0.12	0.14	0.01	0.47	0.24	0.75	0.55	0.54	0.18	0.0	-0.11	-0.3	-0.61		-0.17
Capital Stock	-0.65	-0.65	-0.61	-0.43	-0.41	-0.61	-0.37	0.15	-0.59	-0.49	-0.6	-0.62	0.21	0.0	0.51	-0.28	0.18	-0.23	-0.14	-0.39	0.21	-0.63	-0.07	-0.17

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict AZZ Incorporated

In accordance with the recently published financial statements, AZZ Incorporated has a Beta of 1.247. This is 8.98% lower than that of the Electrical Equipment sector and 17.42% lower than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

AZZ Beta 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 Beta 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 beta category among its peers.

AZZ Incorporated ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AZZ Incorporated's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AZZ Incorporated's managers, analysts, and investors.

Environmental

Governance

Social

AZZ Incorporated Institutional Holders

Institutional Holdings refers to the ownership stake in AZZ Incorporated that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AZZ Incorporated's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AZZ Incorporated's value.

		Shares
Gamco Investors, Inc. Et Al	2024-09-30	606.9 K
Morgan Stanley - Brokerage Accounts	2024-06-30	488.1 K
Charles Schwab Investment Management Inc	2024-09-30	402.5 K
Boston Partners Global Investors, Inc	2024-09-30	296 K
Northern Trust Corp	2024-09-30	288.2 K
Goldman Sachs Group Inc	2024-06-30	282.4 K
Bank Of New York Mellon Corp	2024-06-30	269.1 K
Bank Of America Corp	2024-06-30	238.2 K
Federated Hermes Inc	2024-09-30	235.7 K
Blackrock Inc	2024-06-30	4.4 M
Vanguard Group Inc	2024-09-30	3.2 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AZZ Incorporated will likely underperform.

AZZ Fundamentals

	Return On Equity	0.13
	Return On Asset	0.0668
	Profit Margin	0.08 %
	Operating Margin	0.17 %
	Current Valuation	3.79 B
	Shares Outstanding	29.88 M
	Shares Owned By Insiders	2.01 %
	Shares Owned By Institutions	93.19 %
	Number Of Shares Shorted	418.67 K
	Price To Earning	27.04 X
	Price To Book	2.86 X
	Price To Sales	1.82 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	33.46 X
	Cash Flow From Operations	244.47 M
	Short Ratio	2.63 X
	Earnings Per Share	1.44 X
	Price To Earnings To Growth	1.20 X
	Target Price	95.67
	Number Of Employees	3.87 K
	Beta	1.25
	Market Capitalization	2.85 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.

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Additional 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.

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