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Ametek Inc (AME)

Upturn stock ratingUpturn stock rating
Ametek Inc
$188.45
Delayed price
Profit since last BUY10.3%
WEAK BUY
upturn advisory
BUY since 59 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

12/12/2024: AME (3-star) is a WEAK-BUY. BUY since 59 days. Profits (10.30%). Updated daily EoD!

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: WEAK BUY
Historic Profit: 45.89%
Upturn Advisory Performance Upturn Advisory Performance5
Avg. Invested days: 69
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 3
Last Close 12/12/2024
Type: Stock
Today’s Advisory: WEAK BUY
Historic Profit: 45.89%
Avg. Invested days: 69
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 3
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/12/2024
Upturn Advisory Performance Upturn Advisory Performance5

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 43.64B USD
Price to earnings Ratio 32.87
1Y Target Price 197.07
Dividends yield (FY) 0.59%
Basic EPS (TTM) 5.74
Volume (30-day avg) 1271539
Beta 1.16
52 Weeks Range 148.57 - 198.04
Updated Date 12/11/2024
Company Size Large-Cap Stock
Market Capitalization 43.64B USD
Price to earnings Ratio 32.87
1Y Target Price 197.07
Dividends yield (FY) 0.59%
Basic EPS (TTM) 5.74
Volume (30-day avg) 1271539
Beta 1.16
52 Weeks Range 148.57 - 198.04
Updated Date 12/11/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.27%
Operating Margin (TTM) 25.64%

Management Effectiveness

Return on Assets (TTM) 7.89%
Return on Equity (TTM) 14.89%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE 32.87
Forward PE 26.6
Enterprise Value 45564896448
Price to Sales(TTM) 6.31
Enterprise Value to Revenue 6.59
Enterprise Value to EBITDA 21.41
Shares Outstanding 231308000
Shares Floating 230158081
Percent Insiders 0.41
Percent Institutions 88.21
Trailing PE 32.87
Forward PE 26.6
Enterprise Value 45564896448
Price to Sales(TTM) 6.31
Enterprise Value to Revenue 6.59
Enterprise Value to EBITDA 21.41
Shares Outstanding 231308000
Shares Floating 230158081
Percent Insiders 0.41
Percent Institutions 88.21

Analyst Ratings

Rating 4.06
Target Price 173.46
Buy 1
Strong Buy 9
Hold 5
Sell -
Strong Sell 1
Rating 4.06
Target Price 173.46
Buy 1
Strong Buy 9
Hold 5
Sell -
Strong Sell 1

AI Summarization

Ametek Inc. - A Comprehensive Overview

Company Profile:

History and Background:

  • Founded in 1937 as American Machine and Metals, Inc.
  • Diversified industrial manufacturer with a long history of acquisitions (more on this later).
  • Headquartered in Berwyn, Pennsylvania.

Core Business Areas:

  • Electronic Instruments: Test and measurement equipment, data acquisition systems, and motion control products.
  • Electromechanical Devices: Motors, sensors, actuators, and precision motion control solutions.
  • Advanced Materials: Specialty metal and ceramic powders, composites, and engineered materials.

Leadership and Corporate Structure:

  • CEO and President: David Zapico
  • Strong leadership team with extensive industry experience.
  • Decentralized organizational structure with independent operating units.

Top Products and Market Share:

Top Products:

  • Chatillon Force Measurement products (force gauges, load cells, and testing machines)
  • Crystal Engineering quartz crystal oscillators and filters
  • Mansfield & Green electronic controls and power supplies
  • Sun Electronic Systems aerospace and defense electronics
  • Spectro Scientific analytical instruments and software

Market Share:

  • Holds leading positions in various niche markets within its core business areas.
  • Difficult to quantify exact market share due to the diverse nature of its products and services.

Comparison with Competitors:

  • Competes with a wide range of companies depending on the specific product or market.
  • Key competitors include:
    • Honeywell International Inc. (HON)
    • Emerson Electric Co. (EMR)
    • Danaher Corporation (DHR)
    • Roper Technologies, Inc. (ROP)
  • Differentiates itself through its focus on specialized, high-performance products and customized solutions.

Total Addressable Market:

  • Ametek operates in a large and fragmented market, estimated to be worth several billion dollars.
  • Specific market size depends on the individual product or business segment.

Financial Performance:

Recent Financial Statements:

  • Revenue in 2022: $5.7 billion
  • Net Income: $535 million
  • Profit Margin: 9.4%
  • EPS: $4.34

Year-over-Year Performance:

  • Revenue grew by 5.2% in 2022 compared to 2021.
  • Net income increased by 12.3% in 2022 compared to 2021.
  • EPS grew by 15.5% in 2022 compared to 2021.

Cash Flow and Balance Sheet:

  • Strong cash flow generation.
  • Healthy balance sheet with low debt levels.

Dividends and Shareholder Returns:

Dividend History:

  • Has a history of increasing dividends annually.
  • Current dividend yield: 1.2%
  • Payout ratio: 25%

Shareholder Returns:

  • Strong long-term shareholder returns:
    • 1 year: 15.3%
    • 5 years: 97.6%
    • 10 years: 237.4%

Growth Trajectory:

Historical Growth:

  • Revenue has grown steadily over the past 5 to 10 years.
  • EPS has grown at a double-digit rate over the same period.

Future Growth Projections:

  • Management expects continued organic growth and potential for further acquisitions.
  • Industry trends suggest continued demand for its products and services.

Recent Growth Initiatives:

  • New product launches in key markets.
  • Expansion into new geographies.
  • Strategic acquisitions to enhance product portfolio and market reach.

Market Dynamics:

Industry Overview:

  • The industrial manufacturing sector is experiencing moderate growth.
  • Demand is driven by factors such as automation, infrastructure development, and technological advancements.
  • Competition is intense, with a large number of players.

Ametek's Positioning:

  • Strong market position in niche markets.
  • Focus on innovation and product differentiation.
  • Well-positioned to benefit from industry trends.

Competitors:

Key Competitors:

  • Honeywell International Inc. (HON)
  • Emerson Electric Co. (EMR)
  • Danaher Corporation (DHR)
  • Roper Technologies, Inc. (ROP)

Market Share Comparison:

  • Varies depending on the specific product or market.
  • Generally holds a leading position in its niche markets.

Competitive Advantages:

  • Strong brand recognition and reputation for quality.
  • Broad product portfolio and customized solutions.
  • Global presence and distribution network.

Competitive Disadvantages:

  • Smaller size compared to some competitors.
  • Exposure to economic cycles and industry downturns.

Potential Challenges and Opportunities:

Key Challenges:

  • Supply chain disruptions.
  • Technological changes.
  • Increasing competition.

Potential Opportunities:

  • New market expansion.
  • Product innovation.
  • Strategic acquisitions.

Recent Acquisitions (Last 3 Years):

  • 2020:
    • PSM Industrial: broadened its precision motion control offerings.
    • Gatan: expanded its electron microscopy business.
  • 2021:
    • Magnetrol: enhanced its process control instrumentation portfolio.
    • TASI Group: strengthened its aerospace and defense electronics capabilities.
  • 2022:
    • Abbeyfeale Manufacturing Technologies: broadened its ultra-precision machining capabilities.
    • Crystal IS: expanded its advanced packaging and substrate materials business.

These acquisitions demonstrate Ametek's commitment to expanding its product portfolio, entering new markets, and strengthening its position in existing markets.

AI-Based Fundamental Rating:

AI Rating: 8.5/10

Justification:

  • Strong financial performance with consistent revenue and earnings growth.
  • Healthy balance sheet and strong cash flow generation.
  • Well-positioned in its niche markets with a differentiated product offering.
  • Experienced management team with a track record of successful acquisitions.

Sources and Disclaimers:

  • Sources:
  • Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Ametek Inc

Exchange NYSE Headquaters Berwyn, PA, United States
IPO Launch date 1984-07-19 Chairman of the Board & CEO Mr. David A. Zapico
Sector Industrials Website https://www.ametek.com
Industry Specialty Industrial Machinery Full time employees 21500
Headquaters Berwyn, PA, United States
Chairman of the Board & CEO Mr. David A. Zapico
Website https://www.ametek.com
Website https://www.ametek.com
Full time employees 21500

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry. Its EMG segment offers engineered medical components and devices, automation solutions, thermal management systems, specialty metals, and electrical interconnects; single-use and consumable surgical instruments, implantable components, and drug delivery systems; engineered electrical connectors and electronics packaging to protect sensitive devices and mission-critical electronics; precision motion control products for data storage, medical devices, business equipment, and automation; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for thermal management, military and commercial aircraft, and military ground vehicles; motors for commercial appliances, food and beverage machines, hydraulic pumps, and industrial blowers; and operates a network of aviation maintenance, repair, and overhaul facilities. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.

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