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AZC.WA — Warsaw Stock Exchange Machinery

Aztec International SA

$1,39
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PLN
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Mcap
4,7M PLN
P/E
—
EV / Rev
0,6x
Div yield
0,00 %
Op margin
-3,1 %
ROE
-8,1 %
Net margin
-4,1 %
Debt / equity
0,26
Beta
—
52w range
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Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
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Ex-dividend
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TR 1Y
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About

Aztec International SA operates in the Machinery industry within the Industrials sector, generating revenue through machinery-related activities.

Business. Aztec International SA (AZC.WA) is an industrial machinery company that generates revenue through the sale of products. The firm is headquartered in Poland and is primarily listed on the Warsaw Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification85 %
SectorIndustrials
Industry groupMachinery
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-8,1 %
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 AZC.

    • 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−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to AZC.WA. 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

    Aztec International SA (AZC.WA) is an industrial machinery company that generates revenue through the sale of products. The firm is headquartered in Poland and is primarily listed on the Warsaw Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification85 %
    SectorIndustrials
    Industry groupMachinery
    AI synthesis
    GENERATED
    — missing data
    Key takeaways
    • The company trades at a significant discount to book value (P/B 0.55) despite negative profitability.
    • Operating losses of 2.54 million PLN on 19.98 million PLN in revenue indicate a failure to convert gross profit into operating income.
    • Negative net cash position (cash 0.001m vs debt 3.77m) creates medium liquidity risk despite a healthy current ratio.
    • Low dilution risk is confirmed by identical basic and diluted share counts.
    • Valuation multiples (EV/Revenue 0.41) are low, but negative EV/EBITDA reflects current unprofitability.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    Free cash flow surged 652.8% year-over-year to PLN 2.5 million, demonstrating significant improvement in cash generation capabilities.

    Operating income increased by 197.9% year-over-year, indicating a strong recovery in core operational profitability for the company.

    The debt-to-equity ratio of 0.26 is below the machinery cohort median of 0.39, suggesting a relatively conservative capital structure.

    Long-term debt decreased to PLN 3.8 million from PLN 4.3 million, reflecting a deliberate reduction in leverage over the period.

    Revenue maintained a four-year CAGR of 18.9%, showing historical growth momentum despite recent year-over-year contraction.

    BEAR CASE · 3

    The company faces high credit risk, signaling potential difficulties in meeting financial obligations or securing favorable financing terms.

    Cash conversion ratio of -1.06 places the company in the bottom quartile of its machinery peer group.

    Revenue declined by 1.0% year-over-year to PLN 20.0 million, marking a reversal of previous growth trends.

    In focus — financials by report

    Valuation FY

    Market price
    $1,39
    Market cap
    $8.0M
    Enterprise valueⓘ
    $11.8M
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    0.6x
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    9.5x
    P / Bⓘ
    0.6x
    P / Tangible bookⓘ
    0.6x
    Tangible book
    $14.6M
    Net cashⓘ
    -$3.8M
    Current ratioⓘ
    2.0
    Debt / equityⓘ
    0.3
    ROAⓘ
    -5.2%
    ROEⓘ
    -8.1%
    Cash conversionⓘ
    -106.0%
    CapEx / revenueⓘ
    -3.9%
    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

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-3,0 %Below median
    Net Margin-4,1 %Below median
    ROE-8,1 %Below median
    Capex / Rev-3,9 %Below median
    D/E0,26Above median
    Cash Conv-1,06Bottom quartile

    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
    • Reference data
    How metrics are computed
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Return On Equity
      net_income / total_equity
    • Enterprise Value
      market_cap - net_cash
    • Ev To Revenue
      enterprise_value / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    Source documents
    • Aztec International SA Market data — financials · 2026-07-16

    Ownership & reference

    Leadership

    • Matthew de GraanChairman of the Supervisory Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    AZC.WACanonical
    Warsaw Stock Exchange · PLN

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    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 · Reference data Premium coverage