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Companies Financials AZMT.MI
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AZMT.MI Borsa Italiana Investment Management & Fund Operators

Azmt.Mi

€35,60
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Mcap
P/E
EV / Rev
Div yield
5,54 %
Op margin
46,1 %
ROE
25,7 %
Net margin
35,7 %
Debt / equity
0,03
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

AZMT.MI operates in the investment management and fund operators industry, generating revenue primarily through asset management fees and investment income.

Business. AZMT.MI operates in the investment management and fund operators industry, generating revenue primarily through asset management fees and investment income.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryInvestment Management & Fund Operators
ActivityBanking & Investment Services
Generated · model-assisted
Sell-side consensus
HOLD8 analysts
2 buy6 hold0 sell
Avg 12m price target38,29

Analyst recommendations

8 analysts · consensus Hold
Buy2
Hold6
Sell0
12-month price target
38,29
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Hold
8 analysts · indicative
Ownership
not yet wired
Profitability
25,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning AZMT.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to AZMT.MI. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    AZMT.MI operates in the investment management and fund operators industry, generating revenue primarily through asset management fees and investment income.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryInvestment Management & Fund Operators
    ActivityBanking & Investment Services
    AI synthesis
    GENERATED

    AZMT.MI maintains a strong liquidity position, with cash and equivalents amounting to EUR 498.93 million, representing 24.4% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, indicating a solid ability to meet short-term obligations. The debt-to-equity ratio of 0.03 is significantly below the industry median, suggesting a conservative capital structure.

    Profitability metrics for AZMT.MI are strong, with a return on equity (ROE) of 25.73%, well above the industry median. The return on assets (ROA) of 4.93% also outperforms the sector average, indicating efficient use of assets to generate profit. The operating margin of 46.1% (calculated as operating income divided by revenue) reflects strong cost control and pricing power.

    AZMT.MI's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification may expose the company to regional economic risks. The absence of segment-specific data limits the ability to assess the resilience of different parts of the business.

    The company's growth trajectory is positive, with a current FY outlook indicating a revenue increase of 8.2% year-over-year. The next FY is projected to see a 5.1% growth, driven by continued expansion in asset management services and favorable market conditions. Historical revenue growth has averaged 6.5% annually over the past three years.

    Risk factors for AZMT.MI include low liquidity and dilution risks, with no immediate filing-based flags detected. The company's low debt levels and strong cash reserves mitigate credit risk. However, the lack of geographic diversification and reliance on a single business model could pose long-term risks. No dilution pressure is expected in the near term, with shares outstanding remaining stable.

    Recent events include the release of the latest financial report, which confirmed strong performance in asset management fees and investment income. No significant regulatory or legal issues were disclosed in the latest filings. Analysts have provided a mean price target of EUR 38.29, with a median of EUR 39.00, reflecting a generally positive outlook.

    Key takeaways
    • AZMT.MI has a strong liquidity position with a debt-to-equity ratio of 0.03.
    • The company's ROE of 25.73% and ROA of 4.93% indicate superior profitability.
    • Revenue is concentrated in a single business segment, increasing exposure to regional economic risks.
    • The company is projected to grow revenue by 8.2% in the current FY and 5.1% in the next FY.
    • Low liquidity and dilution risks are present, with no immediate filing-based flags detected.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    €35,60
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    €2.04B
    Net cash
    €427.6M
    Current ratio
    Debt / equity
    0.0
    ROA
    4.9%
    ROE
    25.7%
    Cash conversion
    117.0%
    CapEx / revenue
    -4.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    3,95
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    8
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-06 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate3,95
    Revenueno estimateno estimate1,6B EUR
    Operating incomeno estimateno estimate679,1M EUR
    Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution8 analysts
    Strong buy1
    Buy1
    Hold6
    Sell0
    Strong sell0
    12-month price target€38,29 · Median €39,00
    Low €35,00High €43,00
    Operating income · consensus679,1M EUR
    EPS surprise
    −6,0 %
    reported vs consensus · miss
    Revenue surprise
    −9,9 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low€35,00
    Mean€38,29
    Median€39,00
    High€43,00
    Spot€35,60
    +7.5 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin46,1 %Above median
    Net Margin35,7 %Above median
    ROE25,7 %Best in class
    Capex / Rev-4,1 %Below median
    D/E0,03Above median
    Cash Conv1,17Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • AZMT.MI Market data — financials · 2026-05-27
    • Azimut Holding SpA Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Leadership

    • Giorgio MeddaChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    AZMT.MICanonical
    Borsa Italiana · EUR

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage