AMGEN INC (AMG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AMG - US0311621009 - Common Stock
272 EUR
+1.5 (+0.55%)
Taking everything into account, AMG scores 5 out of 10 in our fundamental rating. AMG was compared to 83 industry peers in the Biotechnology industry. While AMG has a great profitability rating, there are quite some concerns on its financial health. AMG has a decent growth rate and is not valued too expensively. Finally AMG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AMG was profitable.
In the past year AMG had a positive cash flow from operations.
Each year in the past 5 years AMG has been profitable.
AMG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AMG has a Return On Assets of 7.77%. This is amongst the best in the industry. AMG outperforms 80.72% of its industry peers.
With an excellent Return On Equity value of 72.82%, AMG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
AMG's Return On Invested Capital of 15.39% is amongst the best of the industry. AMG outperforms 90.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AMG is in line with the industry average of 12.28%.
The last Return On Invested Capital (15.39%) for AMG is above the 3 year average (13.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 72.82% | ||
| ROIC | 15.39% |
ROA(3y)7.14%
ROA(5y)8.52%
ROE(3y)118.78%
ROE(5y)104.3%
ROIC(3y)13.04%
ROIC(5y)14.18%
1.3 Margins
Looking at the Profit Margin, with a value of 19.47%, AMG belongs to the top of the industry, outperforming 81.93% of the companies in the same industry.
In the last couple of years the Profit Margin of AMG has declined.
Looking at the Operating Margin, with a value of 33.57%, AMG belongs to the top of the industry, outperforming 89.16% of the companies in the same industry.
AMG's Operating Margin has declined in the last couple of years.
AMG has a better Gross Margin (72.06%) than 62.65% of its industry peers.
AMG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.57% | ||
| PM (TTM) | 19.47% | ||
| GM | 72.06% |
OM growth 3Y-6.36%
OM growth 5Y-7.03%
PM growth 3Y-18.6%
PM growth 5Y-18.28%
GM growth 3Y-2.94%
GM growth 5Y-3.32%
2. Health
2.1 Basic Checks
AMG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, AMG has more shares outstanding
Compared to 5 years ago, AMG has less shares outstanding
The debt/assets ratio for AMG has been reduced compared to a year ago.
2.2 Solvency
AMG has a debt to FCF ratio of 4.28. This is a neutral value as AMG would need 4.28 years to pay back of all of its debts.
AMG has a Debt to FCF ratio of 4.28. This is in the better half of the industry: AMG outperforms 77.11% of its industry peers.
A Debt/Equity ratio of 5.45 is on the high side and indicates that AMG has dependencies on debt financing.
With a Debt to Equity ratio value of 5.45, AMG is not doing good in the industry: 67.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.45 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | N/A |
ROIC/WACC1.8
WACC8.53%
2.3 Liquidity
AMG has a Current Ratio of 1.28. This is a normal value and indicates that AMG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.28, AMG is not doing good in the industry: 67.47% of the companies in the same industry are doing better.
A Quick Ratio of 0.99 indicates that AMG may have some problems paying its short term obligations.
AMG has a Quick ratio of 0.99. This is in the lower half of the industry: AMG underperforms 68.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.79% over the past year.
The Earnings Per Share has been growing slightly by 5.97% on average over the past years.
The Revenue has grown by 10.56% in the past year. This is quite good.
Measured over the past years, AMG shows a small growth in Revenue. The Revenue has been growing by 7.43% on average per year.
EPS 1Y (TTM)13.79%
EPS 3Y5.02%
EPS 5Y5.97%
EPS Q2Q%1.08%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y8.76%
Revenue growth 5Y7.43%
Sales Q2Q%12.4%
3.2 Future
The Earnings Per Share is expected to grow by 4.48% on average over the next years.
The Revenue is expected to grow by 3.55% on average over the next years.
EPS Next Y9.43%
EPS Next 2Y6.17%
EPS Next 3Y5.25%
EPS Next 5Y4.48%
Revenue Next Year9.42%
Revenue Next 2Y5.5%
Revenue Next 3Y4.54%
Revenue Next 5Y3.55%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.59, which indicates a correct valuation of AMG.
86.75% of the companies in the same industry are more expensive than AMG, based on the Price/Earnings ratio.
AMG is valuated rather cheaply when we compare the Price/Earnings ratio to 26.55, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 14.28, which indicates a correct valuation of AMG.
93.98% of the companies in the same industry are more expensive than AMG, based on the Price/Forward Earnings ratio.
AMG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 14.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMG indicates a rather cheap valuation: AMG is cheaper than 80.72% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AMG is valued cheaper than 89.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.47 | ||
| EV/EBITDA | 12.23 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of AMG may justify a higher PE ratio.
PEG (NY)1.55
PEG (5Y)2.44
EPS Next 2Y6.17%
EPS Next 3Y5.25%
5. Dividend
5.1 Amount
AMG has a Yearly Dividend Yield of 3.18%.
AMG's Dividend Yield is rather good when compared to the industry average which is at 0.76. AMG pays more dividend than 97.59% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, AMG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
5.2 History
The dividend of AMG is nicely growing with an annual growth rate of 9.41%!
Dividend Growth(5Y)9.41%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
AMG pays out 17.20% of its income as dividend. This is a sustainable payout ratio.
AMG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.2%
EPS Next 2Y6.17%
EPS Next 3Y5.25%
FRA:AMG (12/15/2025, 2:25:13 PM)
272
+1.5 (+0.55%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)
Earnings (Next)
Inst Owners83.83%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap146.47B
Revenue(TTM)35.97B
Net Income(TTM)7.00B
Analysts72.2
Price Target288.21 (5.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
Yearly Dividend7.68
Dividend Growth(5Y)9.41%
DP17.2%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.96%
Min EPS beat(2)10.28%
Max EPS beat(2)11.64%
EPS beat(4)4
Avg EPS beat(4)9.04%
Min EPS beat(4)2.49%
Max EPS beat(4)11.73%
EPS beat(8)7
Avg EPS beat(8)5.13%
EPS beat(12)10
Avg EPS beat(12)4.44%
EPS beat(16)14
Avg EPS beat(16)4.21%
Revenue beat(2)2
Avg Revenue beat(2)2.59%
Min Revenue beat(2)0.68%
Max Revenue beat(2)4.49%
Revenue beat(4)3
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-0.84%
Max Revenue beat(4)4.49%
Revenue beat(8)3
Avg Revenue beat(8)-0.21%
Revenue beat(12)4
Avg Revenue beat(12)-0.48%
Revenue beat(16)5
Avg Revenue beat(16)-0.54%
PT rev (1m)5.35%
PT rev (3m)6.98%
EPS NQ rev (1m)-2.16%
EPS NQ rev (3m)-7.82%
EPS NY rev (1m)1.12%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)-0.35%
Revenue NQ rev (3m)1.06%
Revenue NY rev (1m)1.86%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 14.28 | ||
| P/S | 4.78 | ||
| P/FCF | 13.47 | ||
| P/OCF | 13.09 | ||
| P/B | 17.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.23 |
EPS(TTM)18.64
EY6.85%
EPS(NY)19.05
Fwd EY7%
FCF(TTM)20.19
FCFY7.42%
OCF(TTM)20.78
OCFY7.64%
SpS56.94
BVpS15.23
TBVpS-50.97
PEG (NY)1.55
PEG (5Y)2.44
Graham Number79.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 72.82% | ||
| ROCE | 17.67% | ||
| ROIC | 15.39% | ||
| ROICexc | 17.86% | ||
| ROICexgc | 61.56% | ||
| OM | 33.57% | ||
| PM (TTM) | 19.47% | ||
| GM | 72.06% | ||
| FCFM | 35.46% |
ROA(3y)7.14%
ROA(5y)8.52%
ROE(3y)118.78%
ROE(5y)104.3%
ROIC(3y)13.04%
ROIC(5y)14.18%
ROICexc(3y)15.77%
ROICexc(5y)17.27%
ROICexgc(3y)75.76%
ROICexgc(5y)77.1%
ROCE(3y)14.97%
ROCE(5y)16.28%
ROICexgc growth 3Y3.26%
ROICexgc growth 5Y-18.2%
ROICexc growth 3Y-8.67%
ROICexc growth 5Y-7.85%
OM growth 3Y-6.36%
OM growth 5Y-7.03%
PM growth 3Y-18.6%
PM growth 5Y-18.28%
GM growth 3Y-2.94%
GM growth 5Y-3.32%
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.45 | ||
| Debt/FCF | 4.28 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.3% | ||
| Profit Quality | 182.08% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | N/A |
F-Score7
WACC8.53%
ROIC/WACC1.8
Cap/Depr(3y)24.77%
Cap/Depr(5y)23.42%
Cap/Sales(3y)3.59%
Cap/Sales(5y)3.31%
Profit Quality(3y)165.92%
Profit Quality(5y)155.23%
High Growth Momentum
Growth
EPS 1Y (TTM)13.79%
EPS 3Y5.02%
EPS 5Y5.97%
EPS Q2Q%1.08%
EPS Next Y9.43%
EPS Next 2Y6.17%
EPS Next 3Y5.25%
EPS Next 5Y4.48%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y8.76%
Revenue growth 5Y7.43%
Sales Q2Q%12.4%
Revenue Next Year9.42%
Revenue Next 2Y5.5%
Revenue Next 3Y4.54%
Revenue Next 5Y3.55%
EBIT growth 1Y93.73%
EBIT growth 3Y1.84%
EBIT growth 5Y-0.13%
EBIT Next Year42.82%
EBIT Next 3Y11.34%
EBIT Next 5Y7.32%
FCF growth 1Y36%
FCF growth 3Y7.44%
FCF growth 5Y4.03%
OCF growth 1Y24.04%
OCF growth 3Y7.45%
OCF growth 5Y4.66%
AMGEN INC / AMG.DE FAQ
What is the ChartMill fundamental rating of AMGEN INC (AMG.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AMG.DE.
What is the valuation status of AMGEN INC (AMG.DE) stock?
ChartMill assigns a valuation rating of 6 / 10 to AMGEN INC (AMG.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for AMGEN INC?
AMGEN INC (AMG.DE) has a profitability rating of 7 / 10.
How financially healthy is AMGEN INC?
The financial health rating of AMGEN INC (AMG.DE) is 3 / 10.
Is the dividend of AMGEN INC sustainable?
The dividend rating of AMGEN INC (AMG.DE) is 7 / 10 and the dividend payout ratio is 17.2%.