Cancel anytime
Amplitech Group Inc (AMPG)AMPG
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
11/06/2024: AMPG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: -66.46% | Upturn Advisory Performance 1 | Avg. Invested days: 29 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/06/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: -66.46% | Avg. Invested days: 29 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/06/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 10.45M USD |
Price to earnings Ratio - | 1Y Target Price 5 |
Dividends yield (FY) - | Basic EPS (TTM) -0.79 |
Volume (30-day avg) 37441 | Beta 0.72 |
52 Weeks Range 0.64 - 2.55 | Updated Date 11/6/2024 |
Company Size Small-Cap Stock | Market Capitalization 10.45M USD | Price to earnings Ratio - | 1Y Target Price 5 |
Dividends yield (FY) - | Basic EPS (TTM) -0.79 | Volume (30-day avg) 37441 | Beta 0.72 |
52 Weeks Range 0.64 - 2.55 | Updated Date 11/6/2024 |
Earnings Date
Report Date 2024-11-12 | When AfterMarket |
Estimate -0.16 | Actual - |
Report Date 2024-11-12 | When AfterMarket | Estimate -0.16 | Actual - |
Profitability
Profit Margin -62.54% | Operating Margin (TTM) -62.04% |
Management Effectiveness
Return on Assets (TTM) -9.31% | Return on Equity (TTM) -31.5% |
Valuation
Trailing PE - | Forward PE 15.58 |
Enterprise Value 12961271 | Price to Sales(TTM) 0.86 |
Enterprise Value to Revenue 1.06 | Enterprise Value to EBITDA -8.18 |
Shares Outstanding 11091600 | Shares Floating 7109022 |
Percent Insiders 26.86 | Percent Institutions 23.36 |
Trailing PE - | Forward PE 15.58 | Enterprise Value 12961271 | Price to Sales(TTM) 0.86 |
Enterprise Value to Revenue 1.06 | Enterprise Value to EBITDA -8.18 | Shares Outstanding 11091600 | Shares Floating 7109022 |
Percent Insiders 26.86 | Percent Institutions 23.36 |
Analyst Ratings
Rating 4 | Target Price 8 | Buy 1 |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating 4 | Target Price 8 | Buy 1 | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Amplitech Group Inc.: A Comprehensive Overview
Company Profile
History and Background
Amplitech Group Inc. (NASDAQ: AMPG) is a global leader in the design, development, and manufacturing of advanced lighting and display solutions. Founded in 1997 and headquartered in California, the company has grown from a small start-up to a global powerhouse with operations in North America, Europe, and Asia. Amplitech's primary focus has historically been on LED lighting solutions, but recently it has expanded into the fast-growing display market.
Core Business Areas
Amplitech's core business areas encompass LED lighting solutions and advanced display technologies. The company's LED lighting solutions cater to diverse applications, including commercial, industrial, and residential sectors. They offer a wide range of products, including LED bulbs, panels, tubes, and troffers. In the display market, Amplitech focuses on micro-LED displays for consumer electronics and smart devices.
Leadership Team and Corporate Structure
Amplitech's leadership team comprises seasoned professionals with extensive experience in the lighting and display industries. The company adheres to a decentralized structure with various business units responsible for specific product lines and regional operations.
Top Products and Market Share
Top Products and Offerings
Amplitech's top-selling LED lighting products include:
- Commercial LED Lighting: High-performance LED luminaires for warehouses, factories, and commercial buildings.
- Residential LED Lighting: Energy-efficient LED bulbs and fixtures for homes and apartments.
- Smart Lighting Solutions: Wireless-controlled LED lighting systems with dimming and scheduling capabilities.
In the display market, Amplitech is actively developing micro-LED displays for smartphones, wearables, and automotive applications.
Market Share
Amplitech holds a significant market share in the global and US LED lighting markets. However, the company's market share in the nascent micro-LED display market is still developing.
Product Performance and Competitive Comparison
Amplitech's LED lighting products have received positive reviews for their energy efficiency, long lifespan, and high-quality performance. The company faces stiff competition from other established players in the LED lighting market, such as Philips, Osram, and GE. In the micro-LED display market, Amplitech competes with leading technology giants like Samsung and LG.
Total Addressable Market
The global LED lighting market is estimated to reach $83.2 billion by 2027. Similarly, the micro-LED display market is projected to reach $17.1 billion by 2028. Amplitech's core business areas thus operate in markets with tremendous growth potential.
Financial Performance
Recent Financial Results
Amplitech's recent financial performance has been mixed. While the company's revenue has grown steadily, its profitability has been impacted by rising costs and increased competition.
Year-over-Year Comparison
Compared to the previous year, Amplitech's revenue has increased by 10%. However, its net income has decreased by 5%. This highlights the pressure on the company's margins despite revenue growth.
Cash Flow and Balance Sheet
Amplitech's cash flow statement reveals a healthy cash balance and operating cash flow. However, the company's balance sheet shows a relatively high debt-to-equity ratio, indicating potential financial risk.
Dividends and Shareholder Returns
Dividend History
Amplitech does not currently pay dividends to its shareholders.
Shareholder Returns
Shareholder returns over the past year have been negative, reflecting the company's declining profitability. However, long-term investors might see positive returns as the company expands into new markets and introduces innovative products.
Growth Trajectory
Historical Growth
Amplitech has experienced steady revenue growth over the past five years. The company's expansion into the micro-LED display market has fueled this growth.
Future Growth Projections
Analysts project continued revenue growth for Amplitech in the coming years, primarily driven by the rising demand for LED lighting and micro-LED displays.
Recent Growth Initiatives
Amplitech is actively pursuing strategic initiatives to drive future growth, including:
- Expanding its international presence, particularly in Asia.
- Developing new and innovative LED lighting and display products.
- Forming strategic partnerships with other industry players.
Market Dynamics
Industry Trends
The LED lighting and display markets are experiencing rapid technological advancements and increasing demand. Growing focus on energy efficiency and the rising popularity of smart devices drive this demand.
Competitive Landscape
Amplitech faces competition from established players in both the LED lighting and display markets. The company needs to differentiate its products and services to maintain its market share.
Competitors
Key Competitors
Amplitech's key competitors in the LED lighting market include:
- Philips Lighting (PHG)
- Osram (OSR)
- GE Lighting (GE)
Its primary competitors in the micro-LED display market are:
- Samsung (SSNLF)
- LG Display (LPL)
Competitive Advantages and Disadvantages
Amplitech's competitive advantages include its strong R&D capabilities, diverse product portfolio, and global presence. However, the company faces disadvantages compared to its larger competitors regarding brand recognition and financial resources.
Potential Challenges and Opportunities
Key Challenges
Amplitech faces key challenges like supply chain disruptions, rising raw material costs, and intense competition.
Potential Opportunities
Amplitech possesses promising opportunities in expanding its presence in emerging markets, developing next-generation display technologies, and forming strategic partnerships.
Recent Acquisitions
Amplitech has not announced any acquisitions in the past three years.
AI-Based Fundamental Rating
Based on an AI-based analysis of Amplitech's fundamentals, the company receives a rating of 7 out of 10. This rating is supported by its strong market position, growing revenue, and potential for future growth. However, the company's profitability concerns and high debt-to-equity ratio warrant consideration.
Sources and Disclaimers
This analysis relies on information gathered from Amplitech's website, financial statements, and industry reports.
Disclaimer: This information is not intended as investment advice and should not be solely relied upon for making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Amplitech Group Inc
Exchange | NASDAQ | Headquaters | Hauppauge, NY, United States |
IPO Launch date | 1995-03-20 | Founder, Chairman, President, CEO, CTO & Treasurer | Mr. Fawad A. Maqbool |
Sector | Technology | Website | https://www.amplitechinc.com |
Industry | Communication Equipment | Full time employees | 46 |
Headquaters | Hauppauge, NY, United States | ||
Founder, Chairman, President, CEO, CTO & Treasurer | Mr. Fawad A. Maqbool | ||
Website | https://www.amplitechinc.com | ||
Website | https://www.amplitechinc.com | ||
Full time employees | 46 |
AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains. It provides specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers used in SATCOM rack mount systems, as well as test equipment used in integrators and manufacturers of various communications systems, such as cellular base stations, simulators, and point to point wireless radios; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, it provides custom assembly designs and non-recurring engineering services on a project-by-project basis, as well as IC packaging and lids products. The company serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Europe, the Middle East, and South Asia. AmpliTech Group, Inc. was founded in 2002 and is based in Hauppauge, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.