(AKZA) Akzo Nobel - Overview

Exchange: AS • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0013267909

Stock: Decorative Paints, Performance Coatings

Total Rating 47
Risk 96
Buy Signal -0.27

EPS (Earnings per Share)

EPS (Earnings per Share) of AKZA over the last years for every Quarter: "2020-12": 1.08, "2021-03": 1.18, "2021-06": 1.2, "2021-09": 0.93, "2021-12": 0.74, "2022-03": 0.86, "2022-06": 0.84, "2022-09": 0.57, "2022-12": 0.16, "2023-03": 0.73, "2023-06": 0.93, "2023-09": 0.99, "2023-12": 0.42, "2024-03": 1.12, "2024-06": 1.07, "2024-09": 0.95, "2024-12": 0.56, "2025-03": 0.94, "2025-06": 1.13, "2025-09": 1.01, "2025-12": 0.56,

Revenue

Revenue of AKZA over the last years for every Quarter: 2020-12: 2209, 2021-03: 2263, 2021-06: 2511, 2021-09: 2410, 2021-12: 2403, 2022-03: 2525, 2022-06: 2853, 2022-09: 2862, 2022-12: 2606, 2023-03: 2657, 2023-06: 2741, 2023-09: 2741, 2023-12: 2529, 2024-03: 2640, 2024-06: 2784, 2024-09: 2668, 2024-12: 2619, 2025-03: 2613, 2025-06: 2626, 2025-09: 2547, 2025-12: 2372,

Dividends

Dividend Yield 3.51%
Yield on Cost 5y 4.65%
Yield CAGR 5y 0.25%
Payout Consistency 90.8%
Payout Ratio 54.4%
Risk 5d forecast
Volatility 29.2%
Relative Tail Risk -5.92%
Reward TTM
Sharpe Ratio 0.24
Alpha 1.55
Character TTM
Beta 0.200
Beta Downside 0.174
Drawdowns 3y
Max DD 34.78%
CAGR/Max DD -0.07

Description: AKZA Akzo Nobel January 02, 2026

Akzo Nobel N.V. (ticker AKZA) is a global paints and coatings producer organized into two core segments: Decorative Paints, which supplies paints, lacquers, varnishes and color-mixing equipment for building, renovation and automotive markets; and Performance Coatings, which provides protective and functional finishes for ships, cars, aircraft, yachts, architectural components, consumer goods, oil-&-gas facilities and powder-coat applications.

In FY 2023 the company generated approximately €12.5 billion of revenue, with an EBIT margin of roughly 13 %, reflecting the relatively high-value nature of its specialty-chemical portfolio. Key economic drivers include construction-sector cyclicality (which directly impacts Decorative Paints demand), raw-material cost volatility (especially solvents and titanium dioxide), and the ongoing shift toward high-performance, low-VOC powder coatings that benefit from stricter environmental regulations. The firm’s exposure to capital-intensive end-markets such as shipbuilding and automotive aligns its performance with global industrial activity trends.

For a deeper, data-driven assessment of AKZA’s valuation and risk profile, you may find ValueRay’s analytical dashboard useful.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 635.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.77 > 1.0
NWC/Revenue: 18.25% < 20% (prev 10.33%; Δ 7.93% < -1%)
CFO/TA 0.07 > 3% & CFO 915.0m > Net Income 635.0m
Net Debt (3.24b) to EBITDA (1.54b): 2.10 < 3
Current Ratio: 1.44 > 1.5 & < 3
Outstanding Shares: last quarter (1.07b) vs 12m ago 525.2% < -2%
Gross Margin: 39.86% > 18% (prev 0.40%; Δ 3946 % > 0.5%)
Asset Turnover: 72.04% > 50% (prev 75.17%; Δ -3.13% > 0%)
Interest Coverage Ratio: 6.26 > 6 (EBITDA TTM 1.54b / Interest Expense TTM 186.0m)

Beneish M -2.92

DSRI: 1.21 (Receivables 2.61b/2.27b, Revenue 10.16b/10.71b)
GMI: 1.02 (GM 39.86% / 40.49%)
AQI: 0.95 (AQ_t 0.40 / AQ_t-1 0.42)
SGI: 0.95 (Revenue 10.16b / 10.71b)
TATA: -0.02 (NI 635.0m - CFO 915.0m) / TA 13.95b)
Beneish M-Score: -2.92 (Cap -4..+1) = A

What is the price of AKZA shares?

As of February 09, 2026, the stock is trading at EUR 58.64 with a total of 663,039 shares traded.
Over the past week, the price has changed by -1.01%, over one month by +0.58%, over three months by +1.91% and over the past year by +6.63%.

Is AKZA a buy, sell or hold?

Akzo Nobel has no consensus analysts rating.

What are the forecasts/targets for the AKZA price?

Issuer Target Up/Down from current
Wallstreet Target Price 68.1 16.2%
Analysts Target Price - -
ValueRay Target Price 61.5 4.9%

AKZA Fundamental Data Overview February 08, 2026

Market Cap USD = 11.86b (10.03b EUR * 1.1827 EUR.USD)
P/E Trailing = 15.8486
P/E Forward = 14.0449
P/S = 0.9874
P/B = 2.1867
P/EG = 0.8891
Revenue TTM = 10.16b EUR
EBIT TTM = 1.16b EUR
EBITDA TTM = 1.54b EUR
Long Term Debt = 3.67b EUR (estimated: total debt 4.86b - short term 1.19b)
Short Term Debt = 1.19b EUR (from shortTermDebt, last quarter)
Debt = 4.86b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.24b EUR (from netDebt column, last quarter)
Enterprise Value = 12.97b EUR (10.03b + Debt 4.86b - CCE 1.92b)
Interest Coverage Ratio = 6.26 (Ebit TTM 1.16b / Interest Expense TTM 186.0m)
EV/FCF = 21.41x (Enterprise Value 12.97b / FCF TTM 606.0m)
FCF Yield = 4.67% (FCF TTM 606.0m / Enterprise Value 12.97b)
FCF Margin = 5.97% (FCF TTM 606.0m / Revenue TTM 10.16b)
Net Margin = 6.25% (Net Income TTM 635.0m / Revenue TTM 10.16b)
Gross Margin = 39.86% ((Revenue TTM 10.16b - Cost of Revenue TTM 6.11b) / Revenue TTM)
Gross Margin QoQ = 39.46% (prev 40.32%)
Tobins Q-Ratio = 0.93 (Enterprise Value 12.97b / Total Assets 13.95b)
Interest Expense / Debt = 0.88% (Interest Expense 43.0m / Debt 4.86b)
Taxrate = 18.77% (140.0m / 746.0m)
NOPAT = 945.6m (EBIT 1.16b * (1 - 18.77%))
Current Ratio = 1.44 (Total Current Assets 6.06b / Total Current Liabilities 4.21b)
Debt / Equity = 1.04 (Debt 4.86b / totalStockholderEquity, last quarter 4.66b)
Debt / EBITDA = 2.10 (Net Debt 3.24b / EBITDA 1.54b)
Debt / FCF = 5.35 (Net Debt 3.24b / FCF TTM 606.0m)
Total Stockholder Equity = 4.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.50% (Net Income 635.0m / Total Assets 13.95b)
RoE = 14.61% (Net Income TTM 635.0m / Total Stockholder Equity 4.35b)
RoCE = 14.52% (EBIT 1.16b / Capital Employed (Equity 4.35b + L.T.Debt 3.67b))
RoIC = 21.08% (NOPAT 945.6m / Invested Capital 4.49b)
WACC = 4.71% (E(10.03b)/V(14.89b) * Re(6.65%) + D(4.86b)/V(14.89b) * Rd(0.88%) * (1-Tc(0.19)))
Discount Rate = 6.65% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 150.2%
[DCF Debug] Terminal Value 83.93% ; FCFF base≈510.4m ; Y1≈413.3m ; Y5≈287.1m
Fair Price DCF = 32.52 (EV 8.81b - Net Debt 3.24b = Equity 5.56b / Shares 171.1m; r=5.90% [WACC]; 5y FCF grow -22.80% → 2.90% )
EPS Correlation: 26.39 | EPS CAGR: -10.81% | SUE: -1.08 | # QB: 0
Revenue Correlation: -50.30 | Revenue CAGR: -1.65% | SUE: -1.39 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.82 | Chg30d=-0.182 | Revisions Net=-2 | Analysts=3
EPS current Year (2026-12-31): EPS=4.15 | Chg30d=-0.222 | Revisions Net=-9 | Growth EPS=+14.2% | Growth Revenue=-1.9%
EPS next Year (2027-12-31): EPS=4.56 | Chg30d=-0.248 | Revisions Net=-8 | Growth EPS=+10.0% | Growth Revenue=+2.3%

Additional Sources for AKZA Stock

Fund Manager Positions: Dataroma | Stockcircle