A

Andritz AG
XMUN:AZ2

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Andritz AG
XMUN:AZ2
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Price: 67.3 EUR -0.52% Market Closed
Market Cap: €6.7B

EV/EBITDA

5.9
Current
5%
More Expensive
vs 3-y median of 5.5

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.9
=
Enterprise Value
€5.8B
/
EBITDA
€851.1m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.9
=
Enterprise Value
€5.8B
/
EBITDA
€851.1m

Valuation Scenarios

Andritz AG is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (5.5), the stock would be worth €63.82 (5% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-5%
Maximum Upside
+30%
Average Upside
10%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5.9 €67.3
0%
3-Year Average 5.5 €63.82
-5%
5-Year Average 5.5 €63.82
-5%
Industry Average 7.6 €87.79
+30%
Country Average 7 €81.01
+20%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
€5.8B
/
Jan 2026
€851.1m
=
5.9
Current
€5.8B
/
Dec 2026
€955.8m
=
6.1
Forward
€5.8B
/
Dec 2027
€1.1B
=
5.5
Forward
€5.8B
/
Dec 2028
€1.1B
=
5.2
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
AT
Andritz AG
XMUN:AZ2
5.9B EUR 5.9 12.7
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 171 820.3 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 8.2 29.8
US
Parker-Hannifin Corp
NYSE:PH
112.9B USD 22.5 31.9
JP
Freund Corp
TSE:6312
16.9T JPY 4 698.9 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.3T JPY 28.3 58
SE
Atlas Copco AB
STO:ATCO A
770.2B SEK 17.9 29
US
Illinois Tool Works Inc
NYSE:ITW
74.4B USD 17.5 24.2
US
Barnes Group Inc
NYSE:B
62.2B USD 6 12.4
SE
Sandvik AB
STO:SAND
418.5B SEK 15.3 28.3
CH
Schindler Holding AG
SIX:SCHP
28.2B CHF 16.7 27.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AT
A
Andritz AG
XMUN:AZ2
Average EV/EBITDA: 16 059.8
5.9
10%
0.6
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
JP
S
Star Micronics Co Ltd
TSE:7718
8.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
22.5
12%
1.9
JP
Freund Corp
TSE:6312
4 698.9
N/A N/A
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
28.3
20%
1.4
SE
Atlas Copco AB
STO:ATCO A
17.9
9%
2
US
Illinois Tool Works Inc
NYSE:ITW
17.5
5%
3.5
US
Barnes Group Inc
NYSE:B
6
21%
0.3
SE
Sandvik AB
STO:SAND
15.3
9%
1.7
CH
Schindler Holding AG
SIX:SCHP
16.7
6%
2.8

Market Distribution

In line with most companies in Austria
Percentile
47th
Based on 354 companies
47th percentile
6.5
Low
0.1 — 5
Typical Range
5 — 8.3
High
8.3 —
Distribution Statistics
Austria
Min 0.1
30th Percentile 5
Median 7
70th Percentile 8.3
Max 6 998.6

Andritz AG
Glance View

In the bustling global arena of industrial engineering, Andritz AG stands as a venerable powerhouse, weaving its influence through a network of technologies and services. Founded in 1852 and headquartered in Graz, Austria, this company has matured from a regional player into a titan with a broad international footprint. Its operations span diverse sectors, including hydroelectric power generation, pulp and paper production, metalworking, and solid/liquid separation, all of which are crucial to the infrastructure of modern industry. Each sector, a complex ecosystem in its own right, offers Andritz myriad avenues for revenue generation, from large-scale equipment manufacturing to essential maintenance and upgrade services. Central to Andritz’s success is its ability to harness technological innovation to enhance efficiency and productivity across industries. The company is deeply embedded in the renewable energy landscape through its hydroelectric solutions, providing turbines and generators to harness the power of water. In the pulp and paper sector, Andritz offers advanced processing technologies, which are pivotal in improving yield and reducing environmental impact. Its foray into metalworking and solid/liquid separation further solidifies its role as a linchpin in industrial processing, supplying critical machinery and services that facilitate operations from metal recycling to slurry management. Andritz's profitable business model is anchored in the sale of these sophisticated technologies, combined with long-term service agreements that ensure ongoing support and upgrades, fostering a dependable revenue stream that thrives on sustaining and enhancing the industrial fabric worldwide.

AZ2 Intrinsic Value
92.48 EUR
Undervaluation 27%
Intrinsic Value
Price
A
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