Azkoyen (AZK.MC) Stock Price

Azkoyen Price

BME·CLOSED
11.95EUR-0.15 (-1.25 %)
Market closed

Over the last 19 years Azkoyen grew revenue by 2.7% annually, reaching 199.05 M EUR. Earnings per share have grown at 12.0% per year over the last 19 years. For Azkoyen, the net margin of 9.3% is up versus 5.5% a few years ago. At today's price the dividend yield works out to roughly 3.00%. The payout ratio is around 47% of earnings. The dividend has grown at 27.6% per year over the past 9 years. The stock trades about 45% above its 52-week low.

Azkoyen stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Azkoyen over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Azkoyen stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Azkoyen's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Azkoyen Stock Price History
DateAzkoyen Price
7/23/202611.95 EUR
7/22/202612.10 EUR
7/21/202614.20 EUR
7/20/202614.00 EUR
7/17/202614.20 EUR
7/16/202614.35 EUR
7/15/202614.00 EUR
7/14/202614.05 EUR
7/13/202614.20 EUR
7/10/202614.25 EUR
7/9/202614.20 EUR
7/8/202614.30 EUR
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7/6/202614.75 EUR
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7/1/202613.95 EUR
6/30/202613.80 EUR
6/29/202613.70 EUR
6/26/202613.70 EUR
6/25/202613.75 EUR
6/24/202613.75 EUR
6/23/202613.85 EUR
6/22/202613.75 EUR
6/19/202613.30 EUR
6/18/202613.10 EUR
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6/15/202612.75 EUR
6/12/202612.55 EUR
6/11/202612.70 EUR
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6/9/202612.50 EUR
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6/5/202612.10 EUR
6/4/202612.00 EUR
6/3/202611.95 EUR
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5/29/202611.55 EUR
5/28/202611.75 EUR
5/27/202611.90 EUR
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5/15/202610.95 EUR
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4/20/20269.98 EUR
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12/31/20258.54 EUR
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11/3/20258.85 EUR
10/31/20258.82 EUR
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10/27/20259.03 EUR
10/24/20258.95 EUR
10/23/20258.76 EUR
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10/20/20258.90 EUR
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10/2/20258.70 EUR
10/1/20258.72 EUR
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9/24/20258.53 EUR
9/23/20258.33 EUR
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9/19/20258.48 EUR
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9/12/20258.52 EUR
9/11/20258.54 EUR
9/10/20258.44 EUR
9/9/20258.42 EUR
9/8/20258.40 EUR
9/5/20258.36 EUR
9/4/20258.42 EUR
9/3/20258.58 EUR
9/2/20258.45 EUR
9/1/20258.42 EUR
8/29/20258.50 EUR
8/28/20258.58 EUR
8/27/20258.57 EUR
8/26/20258.60 EUR
8/25/20258.74 EUR
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8/20/20258.52 EUR
8/19/20258.68 EUR
8/18/20258.60 EUR
8/15/20258.56 EUR
8/14/20258.76 EUR
8/13/20258.54 EUR
8/12/20258.50 EUR
8/11/20258.54 EUR
8/8/20258.60 EUR
8/7/20258.59 EUR
8/6/20258.50 EUR
8/5/20258.56 EUR
8/4/20258.70 EUR
8/1/20258.70 EUR
7/31/20258.76 EUR
7/30/20258.66 EUR
7/29/20258.76 EUR
7/28/20259.00 EUR
7/25/20259.17 EUR
7/24/20259.02 EUR
Access this data via the Eulerpool API

Azkoyen Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
135.04 M EUR
16.92 M EUR
12.79 M EUR
Jan 1, 2018
139.30 M EUR
18.01 M EUR
15.61 M EUR
Jan 1, 2019
145.82 M EUR
19.39 M EUR
16.08 M EUR
Jan 1, 2020
114.36 M EUR
10.20 M EUR
6.33 M EUR
Jan 1, 2021
138.87 M EUR
16.81 M EUR
12.93 M EUR
Jan 1, 2022
170.84 M EUR
20.88 M EUR
14.91 M EUR
Jan 1, 2023
192.47 M EUR
22.79 M EUR
17.34 M EUR
Jan 1, 2024
199.05 M EUR
25.78 M EUR
18.60 M EUR

Azkoyen Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 23, 2026, 10:45 PM
 
REVENUEM EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESM
2009201020112012201320142015201620172018201920202021202220232024
134.00119.00126.00121.00115.00122.00126.00134.00135.00139.00145.00114.00138.00170.00192.00199.00
-10.67-11.195.88-3.97-4.966.093.286.350.752.964.32-21.3821.0523.1912.943.65
44.7847.9046.0347.9346.9646.7246.8347.7649.6348.9251.7254.3952.1748.2449.4850.75
60.0057.0058.0058.0054.0057.0059.0064.0067.0068.0075.0062.0072.0082.0095.00101.00
-2.00-4.004.007.005.009.0012.0014.0016.0018.0019.0010.0016.0020.0022.0025.00
-1.49-3.363.175.794.357.389.5210.4511.8512.9513.108.7711.5911.7611.4612.56
-3.001.003.007.0010.0012.0015.0016.006.0012.0014.0017.0018.00
-250.00133.3342.8620.0025.006.67-62.50100.0016.6721.435.88
0.040.050.140.160.190.200.190.36
25.00180.0014.2918.75100.00
24.2024.2024.2024.2024.2024.2324.3024.3924.4224.4224.3924.3824.3824.3824.4524.38
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Azkoyen generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Azkoyen retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Azkoyen's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Azkoyen has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Azkoyen's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Azkoyen stock margins

The Azkoyen margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Azkoyen. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Azkoyen.
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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
50.18 %
12.53 %
9.47 %
Jan 1, 2018
49.31 %
12.93 %
11.20 %
Jan 1, 2019
51.72 %
13.30 %
11.02 %
Jan 1, 2020
54.55 %
8.92 %
5.53 %
Jan 1, 2021
51.97 %
12.10 %
9.31 %
Jan 1, 2022
48.39 %
12.22 %
8.73 %
Jan 1, 2023
49.56 %
11.84 %
9.01 %
Jan 1, 2024
50.92 %
12.95 %
9.34 %

Azkoyen Stock Revenue, EBIT, Earnings per Share

The Azkoyen earnings per share therefore indicates how much revenue Azkoyen has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
5.53 EUR
0.69 EUR
0.52 EUR
Jan 1, 2018
5.70 EUR
0.74 EUR
0.64 EUR
Jan 1, 2019
5.98 EUR
0.80 EUR
0.66 EUR
Jan 1, 2020
4.69 EUR
0.42 EUR
0.26 EUR
Jan 1, 2021
5.70 EUR
0.69 EUR
0.53 EUR
Jan 1, 2022
7.01 EUR
0.86 EUR
0.61 EUR
Jan 1, 2023
7.87 EUR
0.93 EUR
0.71 EUR
Jan 1, 2024
8.16 EUR
1.06 EUR
0.76 EUR

Azkoyen business model & stock analysis

Azkoyen SA is a Spanish company that was founded in 1945 and has since become a leading provider of products and services in the vending, coffee, and vending industries. Sustainable innovations, quality products, and a customer-oriented approach have made Azkoyen an important player in the global trade scene. The history of Azkoyen dates back to the 1940s when the company was originally established as a mechanic's workshop. In the following years, the company became one of the leading manufacturers of vending machines and other vending machines in Spain. In the mid-1980s, the company expanded its business to include coffee machines and vending solutions. Since then, the company has been strongly internationally focused, has received numerous awards and accolades, and is listed on the Spanish stock exchange. Today, Azkoyen operates in more than 55 countries worldwide and employs over 1,100 people specializing in the development, production, and marketing of vending machines, coffee, and vending machines. Azkoyen offers a wide range of products tailored to the needs of its customers. Azkoyen's business model is based on innovative technologies, high quality, close customer relationships, and comprehensive service offerings. Azkoyen specializes in various business areas to meet the needs of its customers in the foodservice, retail, office, and vending industries. In the coffee industry, Azkoyen offers a wide range of professional coffee machines tailored to the specific needs of cafes, restaurants, hotels, and businesses. These coffee machines represent the highest level of user-friendliness, performance, design, and quality to provide customers with an unforgettable coffee experience. Additionally, Azkoyen has also developed a wide selection of vending machines and solutions in the areas of beverages, snacks, tobacco, and other products. By combining vending machines, payment solutions, and the latest technologies, Azkoyen provides its customers with a comprehensive vending solution that offers the highest operational efficiency and revenue relevance. In the vending industry, Azkoyen has established itself as a leading provider of intelligent vending machines that make self-service sales processes more efficient and transparent. With the networking of vending machines and the use of screens, Azkoyen is pioneering important work as an innovative company in the industry. Azkoyen has also developed a comprehensive range of services tailored to diagnose, maintain, repair, and consult on customer needs. Azkoyen provides a quick response time to reduce downtime and ensure smooth operation of the machines. Azkoyen is a company committed to pursuing sustainable development and ecology in its processes. The company is also committed to reducing its carbon footprint and promoting recycling solutions. Overall, Azkoyen is a company that has gained a leading position in the market in recent decades through quality, innovation, and customer orientation, and has continued to evolve. Azkoyen's global presence, close customer relationships, innovative technology, and comprehensive service offerings make it an important player in the vending, coffee, and vending industry.

Azkoyen SWOT Analysis

Strengths

Azkoyen SA has established itself as a trusted brand in the vending machine industry.

The company has a diverse range of high-quality products and innovative solutions.

Azkoyen possesses a strong distribution network, ensuring easy access to its products.

The company has a solid financial position, allowing for investment in research and development.

Azkoyen SA faces intense competition from both established players and emerging companies.

The company's geographical presence is limited, potentially hindering overall market reach.

Azkoyen may rely heavily on certain key clients, making it vulnerable to their business fluctuations.

There may be a need for stronger brand recognition and marketing efforts in some regions.

The increasing demand for automated retail solutions presents a significant growth opportunity for Azkoyen.

Expansion into new markets, such as emerging economies, can drive further revenue growth.

Technological advancements offer the company opportunities to develop innovative products and improve operational efficiency.

Collaboration with complementary businesses can lead to synergies and enhanced product offerings.

Economic downturns and fluctuations in consumer spending may impact the demand for vending machines.

Intensifying regulations related to health and safety, payment systems, and environmental sustainability can pose challenges to compliance.

The emergence of new technologies or disruptive business models could potentially threaten Azkoyen's market position.

Currency fluctuations and geopolitical uncertainties may affect the company's international operations.

Weaknesses

Azkoyen SA faces intense competition from both established players and emerging companies.

The company's geographical presence is limited, potentially hindering overall market reach.

Azkoyen may rely heavily on certain key clients, making it vulnerable to their business fluctuations.

There may be a need for stronger brand recognition and marketing efforts in some regions.

The increasing demand for automated retail solutions presents a significant growth opportunity for Azkoyen.

Expansion into new markets, such as emerging economies, can drive further revenue growth.

Technological advancements offer the company opportunities to develop innovative products and improve operational efficiency.

Collaboration with complementary businesses can lead to synergies and enhanced product offerings.

Economic downturns and fluctuations in consumer spending may impact the demand for vending machines.

Intensifying regulations related to health and safety, payment systems, and environmental sustainability can pose challenges to compliance.

The emergence of new technologies or disruptive business models could potentially threaten Azkoyen's market position.

Currency fluctuations and geopolitical uncertainties may affect the company's international operations.

Opportunities

The increasing demand for automated retail solutions presents a significant growth opportunity for Azkoyen.

Expansion into new markets, such as emerging economies, can drive further revenue growth.

Technological advancements offer the company opportunities to develop innovative products and improve operational efficiency.

Collaboration with complementary businesses can lead to synergies and enhanced product offerings.

Economic downturns and fluctuations in consumer spending may impact the demand for vending machines.

Intensifying regulations related to health and safety, payment systems, and environmental sustainability can pose challenges to compliance.

The emergence of new technologies or disruptive business models could potentially threaten Azkoyen's market position.

Currency fluctuations and geopolitical uncertainties may affect the company's international operations.

Threats

Economic downturns and fluctuations in consumer spending may impact the demand for vending machines.

Intensifying regulations related to health and safety, payment systems, and environmental sustainability can pose challenges to compliance.

The emergence of new technologies or disruptive business models could potentially threaten Azkoyen's market position.

Currency fluctuations and geopolitical uncertainties may affect the company's international operations.

Azkoyen Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Azkoyen historical P/E ratio, EBIT multiple, and P/S ratio

Azkoyen annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Azkoyen shares outstanding

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
24.42 M Stocks
Jan 1, 2018
24.42 M Stocks
Jan 1, 2019
24.39 M Stocks
Jan 1, 2020
24.38 M Stocks
Jan 1, 2021
24.38 M Stocks
Jan 1, 2022
24.38 M Stocks
Jan 1, 2023
24.45 M Stocks
Jan 1, 2024
24.38 M Stocks

Azkoyen stock splits

In Azkoyen's history, there have been no stock splits.

Azkoyen Dividend History

23 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20250.38EUR 7.0%
Jun 18, 20250.38EUR 7.0%1/1
20240.36EUR 94.1%
20230.19EUR 21.6%
20220.24EUR 18.0%
20210.20EUR 4.3%
20190.19EUR 23.0%
20180.16EUR 14.7%
20170.14EUR 189.4%
20160.05EUR 17.5%
20150.04EUR 77.8%

Azkoyen dividend payout ratio

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
25.96 %
Jan 1, 2018
24.41 %
Jan 1, 2019
29.10 %
Jan 1, 2020
37.25 %
Jan 1, 2021
37.72 %
Jan 1, 2022
38.58 %
Jan 1, 2023
26.09 %
Jan 1, 2024
47.08 %
Price targets and forecasts for Azkoyen are not yet available.

EESG©

Eulerpool ESG Scorecard© for the Azkoyen stock

52/100
43
Environment
99
Social
13
Governance
E

Environment

20
Scope 1 - Direct Emissions1,896
Scope 2 - Indirect emissions from purchased energy701
Scope 3 - Indirect emissions within the value chain20,774
Total CO₂ emissions2,597
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees27.576
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

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Azkoyen shareholder structure

% Name
29.73233%
Inverlasa, S.L.
Inverlasa, S.L.
12.66507%
Masaveu Herrero (Carolina)
Masaveu Herrero (Carolina)
7.96205%
Suarez-Zuloaga Galdiz (Ignacio)
Suarez-Zuloaga Galdiz (Ignacio)
6.02669%
La Previsión Mallorquina de Seguros, S.A.
La Previsión Mallorquina de Seguros, S.A.
6.00663%
Santander Asset Management
Santander Asset Management
5.23449%
Troyas Careaga (Maria Carmen)
Troyas Careaga (Maria Carmen)

Azkoyen Executives and Management Board

JA

Mr. Juan Jose Suarez Alecha

(57)

Executive Chairman of the Board · since 2011

Compensation202,000.00 EUR
EG

Ms. Esther Malaga Garcia

Independent Director

Compensation88,000.00 EUR
PG

Mr. Pablo Cervera Garnica

(60)

Lead Independent Director

Compensation83,000.00 EUR
EM

Mr. Eduardo Unzu Martinez

(59)

Proprietary Director

Compensation77,000.00 EUR
AL

Ms. Ana Ruiz Lafita

(38)

Proprietary Director

Compensation62,000.00 EUR

Azkoyen Supply Chain

Azkoyen Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#Name1M3M6M1Y2YTrend
1
0.35
-0.05
0.14
0.46
0.79

Frequently asked questions about Azkoyen

The business model of Azkoyen SA revolves around providing advanced technology and solutions for payment systems and vending machines. With a focus on innovation and customer satisfaction, Azkoyen offers a wide range of products, including coffee machines, cashless payment systems, and self-service kiosks. By integrating cutting-edge technology and efficient processes, Azkoyen aims to enhance the customer experience and maximize profitability for businesses in various industries. As a leading provider in the market, Azkoyen SA continues to drive growth through customized solutions, superior quality, and a strong commitment to meeting the evolving needs of its clients globally.

All fundamentals and in-depth analysis of Azkoyen

Our stock analysis for Azkoyen stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Azkoyen. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.