A2Z Smart Technologies Corp. (AZ) AI Stock Analysis

A2Z Smart Technologies Corp., headquartered in Vancouver, Canada, specializes in delivering advanced engineering solutions tailored for military and security markets and governmental agencies primarily in Israel. The company develops unmanned remote-controlled vehicles, energy power packs, and the fuel tank intelligent containment system designed to prevent gas tank explosions. In addition to defense and civilian products, A2Z Smart Technologies Corp. provides retail automation solutions to enhance operational efficiency in large grocery stores and supermarkets. It also delivers maintenance and calibration services for complex electronic systems, supporting external clients as well as its internal product lines.

Annual revenue expanded from $2.7M in FY2021 to $9.4M in FY2022 and $11.4M in FY2023, before declining 37.0% to $7.2M in FY2024. In FY2025, revenue increased 10.3% to $7.9M, representing a 5-year compound annual growth rate of 49.2% from FY2020. Gross margin stood at 13.8% in FY2025, down from 27.7% in FY2024, while operating margin fell to -461.4%. Net income was -$37.7M in FY2025, with R&D expense rising to $9.9M. For the trailing twelve months ended June 30, 2026, revenue reached $14.4M, supported by latest quarterly revenue growth of 409.0% year-over-year, alongside a net margin of -236.1% and diluted EPS of -$0.83.

As of June 30, 2026, the company held $43.4M in cash and short-term investments against $4.6M in total debt, yielding net cash of $38.8M. Liquidity remains supported by a current ratio of 7.52 and a debt-to-equity ratio of 0.07. Total assets stood at $74.2M, with shareholders' equity of $64.8M. Operating cash flow in FY2025 was -$22.9M, and free cash flow was -$24.0M, reflecting $1.1M in capital expenditures. Over five years, the company's share count increased 87.7%.

At a closing share price of $5.70 on October 16, 2026, A2Z Smart Technologies Corp. has a market capitalization of $251.0M and an enterprise value of $210.4M. The stock trades at a price-to-sales multiple of 17.4x and an enterprise value-to-revenue multiple of 14.6x, compared to a median price-to-sales multiple of 2.8x for its US-listed Technology peers. Its price-to-book ratio is 3.9x. Over the past year, the shares returned -14.2%, compared to a 16.8% gain for the SPY, while its 5-year return of -66.2% trailed the SPY return of 83.0%.

Wall Street coverage consists of 2 Strong Buy ratings, with zero Buy, Hold, Sell, or Strong Sell recommendations. The mean price target is $22.50, representing a 294.7% premium over the last close of $5.70. Analysts project FY2026 revenue of $35.6M and EPS of -$0.52 for the year ending December 31, 2026. For FY2027, consensus estimates revenue of $109.2M and EPS of $0.55. Over the last four quarters, the company delivered 0 EPS beats. The next earnings date is scheduled for November 12, 2026.

This page is an AI-written research summary of A2Z Smart Technologies Corp. (AZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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