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AZM (AZM) Fair Value & Analysis

Financial Services · Market cap €5.3B

A AZM AZM · MI
Price€36.58
Fair Value€20.17
Upside-44.9%
Quality70/100
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Evidence: High Range €15.13 – €25.21

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 6 days ago

Share price +4.8% over the past month.

Price vs Fair Value (12 months)

€38.29 €25.38 Fair Value €20.17 Jul 2025 Jul 2026

12‑month range €25.38 – €38.29 · fair‑value band €15.13 – €25.21 · the €36.58 price screens above the €20.17 fair value. As of Jun 26, 2026.

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Analysis

AZM (AZM) currently trades at €36.58, while our model-based Fair Value estimate is €20.17 — implying the stock looks roughly 44.9% overvalued today. We read business quality at 70/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, AZM generated revenue of €1.5B at a net margin of 35.4%. Revenue grew 12.7% year over year. It earns a return on equity of 26.4%. Net debt stands at €109M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €1.5B
Revenue growth (YoY) +12.7%
Net margin 35.4%
Return on equity 26.4%
Free cash flow €554M FY2025
P/E ratio 9.9
More key figures
Operating margin 43.9%
EPS (TTM) €3.78
Dividend yield 5.5%
EPS growth (YoY) +8.6%
Net debt €109M FY2023

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AZM reported revenue of €1.4B in FY2025 versus €1.3B in FY2021, a compound +1.8%/yr. Reported net income was €526M in FY2025, compounding −3.5%/yr from FY2021.

Revenue +1.8%/yr
FY21 €1.3B
FY22 €1.2B
FY23 €1.4B
FY24 €1.3B
FY25 €1.4B
Net income −3.5%/yr
FY21 €605M
FY22 €402M
FY23 €435M
FY24 €576M
FY25 €526M

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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Frequently asked questions

Is AZM (AZM) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €20.17 versus a price of €36.58 — about −45% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AZM?
Our model-based fair value for AZM is €20.17 (as of Jun 26, 2026), built from audited fundamentals. The current price is €36.58.
What is the quality score of AZM?
AZM has a Quality Score of 70/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AZM (AZM)?
AZM reported trailing-twelve-month revenue of about €1.5B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of AZM?
The net profit margin of AZM is about 35.4%, meaning it keeps roughly 35.4% of revenue as net income. Based on the latest reported figures.
Does AZM pay a dividend?
AZM currently shows a dividend yield of about 5.45% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.