(AZ) A2Z Smart Technologies - Overview
Stock: Smart Cart, Precision Metal Parts, Advanced Engineering, Retail Automation
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 85.1% |
| Relative Tail Risk | -14.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.27 |
| Alpha | -19.03 |
| Character TTM | |
|---|---|
| Beta | 0.720 |
| Beta Downside | 0.253 |
| Drawdowns 3y | |
|---|---|
| Max DD | 88.39% |
| CAGR/Max DD | 0.19 |
Description: AZ A2Z Smart Technologies December 29, 2025
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), formerly A2Z Smart Technologies Corp. until its August 2024 rebrand, is a Vancouver-based technology firm that develops and commercializes retail smart-cart systems for grocery and supermarket operators both in Israel and globally.
The business is organized into three segments: (1) Precision Metal Parts, which manufactures high-tolerance components for industrial and defense customers; (2) Advanced Engineering, delivering automation and maintenance services to military, security, and civilian markets; and (3) Smart Carts, the core retail-automation line that uses the Cust2Mate system to automatically tally purchase totals inside the cart, eliminating the need for a traditional checkout scan.
From publicly available filings, the company reported FY 2023 revenue of roughly $5 million, with the Smart-Cart segment contributing about 45 % of sales and posting a gross margin of ≈ 38 %-a level that is modest but above the average for niche industrial-machinery firms (≈ 30 %). Cash and cash equivalents stood at $12 million at year-end, providing roughly 18 months of runway at the current burn rate. The retail-automation market is projected to grow at a CAGR of 12-15 % through 2030, driven by labor-cost pressures and consumer demand for frictionless checkout experiences; however, adoption is still early-stage outside of a few pilot programs, which introduces execution risk for AZ.
For a deeper, data-driven view of AZ’s valuation and risk profile, you might find ValueRay’s analytical dashboard useful.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income: -31.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.22 > 0.02 and ΔFCF/TA 64.42 > 1.0 |
| NWC/Revenue: 1054 % < 20% (prev -43.66%; Δ 1098 % < -1%) |
| CFO/TA -0.21 > 3% & CFO -16.9m > Net Income -31.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 8.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.8m) vs 12m ago 68.54% < -2% |
| Gross Margin: 27.10% > 18% (prev 0.13%; Δ 2697 % > 0.5%) |
| Asset Turnover: 14.20% > 50% (prev 61.56%; Δ -47.36% > 0%) |
| Interest Coverage Ratio: -48.43 > 6 (EBITDA TTM -21.1m / Interest Expense TTM 447.0k) |
Altman Z'' 4.71
| A: 0.84 (Total Current Assets 78.0m - Total Current Liabilities 9.10m) / Total Assets 81.9m |
| B: -1.47 (Retained Earnings -120.7m / Total Assets 81.9m) |
| C: -0.47 (EBIT TTM -21.6m / Avg Total Assets 46.0m) |
| D: 6.81 (Book Value of Equity 72.6m / Total Liabilities 10.7m) |
| Altman-Z'' Score: 4.71 = AA |
Beneish M -4.00
| DSRI: 0.59 (Receivables 1.75m/2.82m, Revenue 6.54m/6.25m) |
| GMI: 0.47 (GM 27.10% / 12.82%) |
| AQI: 0.04 (AQ_t 0.01 / AQ_t-1 0.18) |
| SGI: 1.05 (Revenue 6.54m / 6.25m) |
| TATA: -0.18 (NI -31.6m - CFO -16.9m) / TA 81.9m) |
| Beneish M-Score: -4.56 (Cap -4..+1) = AAA |
What is the price of AZ shares?
Over the past week, the price has changed by -6.48%, over one month by -18.59%, over three months by +13.39% and over the past year by -0.78%.
Is AZ a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AZ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 20 | 215% |
| Analysts Target Price | 20 | 215% |
| ValueRay Target Price | 6.4 | 1.1% |
AZ Fundamental Data Overview February 05, 2026
P/B = 3.5589
Revenue TTM = 6.54m USD
EBIT TTM = -21.6m USD
EBITDA TTM = -21.1m USD
Long Term Debt = 30.0k USD (from longTermDebt, last quarter)
Short Term Debt = 517.0k USD (from shortTermDebt, last quarter)
Debt = 2.07m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -41.1m USD (from netDebt column, last quarter)
Enterprise Value = 149.2m USD (217.5m + Debt 2.07m - CCE 70.4m)
Interest Coverage Ratio = -48.43 (Ebit TTM -21.6m / Interest Expense TTM 447.0k)
EV/FCF = -8.46x (Enterprise Value 149.2m / FCF TTM -17.6m)
FCF Yield = -11.82% (FCF TTM -17.6m / Enterprise Value 149.2m)
FCF Margin = -269.6% (FCF TTM -17.6m / Revenue TTM 6.54m)
Net Margin = -483.6% (Net Income TTM -31.6m / Revenue TTM 6.54m)
Gross Margin = 27.10% ((Revenue TTM 6.54m - Cost of Revenue TTM 4.77m) / Revenue TTM)
Gross Margin QoQ = 34.00% (prev 23.28%)
Tobins Q-Ratio = 1.82 (Enterprise Value 149.2m / Total Assets 81.9m)
Interest Expense / Debt = 5.61% (Interest Expense 116.0k / Debt 2.07m)
Taxrate = 21.0% (US default 21%)
NOPAT = -17.1m (EBIT -21.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 8.57 (Total Current Assets 78.0m / Total Current Liabilities 9.10m)
Debt / Equity = 0.03 (Debt 2.07m / totalStockholderEquity, last quarter 72.6m)
Debt / EBITDA = 1.95 (negative EBITDA) (Net Debt -41.1m / EBITDA -21.1m)
Debt / FCF = 2.33 (negative FCF - burning cash) (Net Debt -41.1m / FCF TTM -17.6m)
Total Stockholder Equity = 37.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -68.69% (Net Income -31.6m / Total Assets 81.9m)
RoE = -83.39% (Net Income TTM -31.6m / Total Stockholder Equity 37.9m)
RoCE = -57.05% (EBIT -21.6m / Capital Employed (Equity 37.9m + L.T.Debt 30.0k))
RoIC = -44.76% (negative operating profit) (NOPAT -17.1m / Invested Capital 38.2m)
WACC = 8.53% (E(217.5m)/V(219.6m) * Re(8.57%) + D(2.07m)/V(219.6m) * Rd(5.61%) * (1-Tc(0.21)))
Discount Rate = 8.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 54.78%
Fair Price DCF = unknown (Cash Flow -17.6m)
EPS Correlation: -21.58 | EPS CAGR: 9.10% | SUE: -3.02 | # QB: 0
Revenue Correlation: 2.71 | Revenue CAGR: 36.10% | SUE: -0.85 | # QB: 0
EPS next Year (2026-12-31): EPS=1.21 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+283.3% | Growth Revenue=+585.7%