AMPLIFON SPA (AMP.MI) Stock Fundamental Analysis
BIT:AMP - Euronext Milan - IT0004056880 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to AMP. AMP was compared to 25 industry peers in the Health Care Providers & Services industry. AMP has an excellent profitability rating, but there are concerns on its financial health. AMP is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AMP had positive earnings in the past year.
AMP had a positive operating cash flow in the past year.
In the past 5 years AMP has always been profitable.
Each year in the past 5 years AMP had a positive operating cash flow.
1.2 Ratios
AMP's Return On Assets of 3.62% is fine compared to the rest of the industry. AMP outperforms 68.00% of its industry peers.
AMP has a Return On Equity of 12.57%. This is in the better half of the industry: AMP outperforms 80.00% of its industry peers.
AMP's Return On Invested Capital of 6.87% is fine compared to the rest of the industry. AMP outperforms 80.00% of its industry peers.
AMP had an Average Return On Invested Capital over the past 3 years of 7.80%. This is above the industry average of 5.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 12.57% | ||
| ROIC | 6.87% |
ROA(3y)4.28%
ROA(5y)4.09%
ROE(3y)14.64%
ROE(5y)14.72%
ROIC(3y)7.8%
ROIC(5y)7.14%
1.3 Margins
Looking at the Profit Margin, with a value of 5.92%, AMP belongs to the top of the industry, outperforming 88.00% of the companies in the same industry.
In the last couple of years the Profit Margin of AMP has remained more or less at the same level.
AMP has a Operating Margin of 10.82%. This is amongst the best in the industry. AMP outperforms 88.00% of its industry peers.
In the last couple of years the Operating Margin of AMP has remained more or less at the same level.
AMP has a worse Gross Margin (23.36%) than 64.00% of its industry peers.
In the last couple of years the Gross Margin of AMP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.82% | ||
| PM (TTM) | 5.92% | ||
| GM | 23.36% |
OM growth 3Y-6.79%
OM growth 5Y-1.1%
PM growth 3Y-9.35%
PM growth 5Y-0.78%
GM growth 3Y4.15%
GM growth 5Y3.26%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AMP is creating some value.
The number of shares outstanding for AMP remains at a similar level compared to 1 year ago.
The number of shares outstanding for AMP has been increased compared to 5 years ago.
AMP has a worse debt/assets ratio than last year.
2.2 Solvency
AMP has an Altman-Z score of 2.04. This is not the best score and indicates that AMP is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.04, AMP is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Debt to FCF ratio of AMP is 6.05, which is on the high side as it means it would take AMP, 6.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.05, AMP is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
AMP has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
AMP has a Debt to Equity ratio of 1.18. This is in the lower half of the industry: AMP underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.04 |
ROIC/WACC0.97
WACC7.07%
2.3 Liquidity
A Current Ratio of 0.62 indicates that AMP may have some problems paying its short term obligations.
AMP has a Current ratio of 0.62. This is amonst the worse of the industry: AMP underperforms 80.00% of its industry peers.
AMP has a Quick Ratio of 0.62. This is a bad value and indicates that AMP is not financially healthy enough and could expect problems in meeting its short term obligations.
AMP's Quick ratio of 0.54 is on the low side compared to the rest of the industry. AMP is outperformed by 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The earnings per share for AMP have decreased strongly by -14.25% in the last year.
Measured over the past years, AMP shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.89% on average per year.
AMP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.71%.
AMP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.82% yearly.
EPS 1Y (TTM)-14.25%
EPS 3Y-1.47%
EPS 5Y-0.89%
EPS Q2Q%-6.67%
Revenue 1Y (TTM)5.71%
Revenue growth 3Y7.34%
Revenue growth 5Y6.82%
Sales Q2Q%2.56%
3.2 Future
Based on estimates for the next years, AMP will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.96% on average per year.
AMP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.48% yearly.
EPS Next Y36.56%
EPS Next 2Y27.11%
EPS Next 3Y22.42%
EPS Next 5Y13.96%
Revenue Next Year6.09%
Revenue Next 2Y6.77%
Revenue Next 3Y6.81%
Revenue Next 5Y5.48%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.05 indicates a quite expensive valuation of AMP.
Based on the Price/Earnings ratio, AMP is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
AMP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
AMP is valuated rather expensively with a Price/Forward Earnings ratio of 18.93.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMP indicates a slightly more expensive valuation: AMP is more expensive than 60.00% of the companies listed in the same industry.
AMP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.05 | ||
| Fwd PE | 18.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMP is valued a bit more expensive than 60.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AMP is valued a bit more expensive than the industry average as 64.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.8 | ||
| EV/EBITDA | 10.35 |
4.3 Compensation for Growth
AMP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of AMP may justify a higher PE ratio.
AMP's earnings are expected to grow with 22.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)N/A
EPS Next 2Y27.11%
EPS Next 3Y22.42%
5. Dividend
5.1 Amount
AMP has a Yearly Dividend Yield of 1.43%.
Compared to an average industry Dividend Yield of 2.80, AMP pays a bit more dividend than its industry peers.
AMP's Dividend Yield is slightly below the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
5.2 History
On average, the dividend of AMP grows each year by 16.13%, which is quite nice.
Dividend Growth(5Y)16.13%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
45.74% of the earnings are spent on dividend by AMP. This is a bit on the high side, but may be sustainable.
AMP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.74%
EPS Next 2Y27.11%
EPS Next 3Y22.42%
BIT:AMP (7/18/2025, 7:00:00 PM)
20.18
+0.54 (+2.75%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners29.93%
Inst Owner ChangeN/A
Ins Owners42%
Ins Owner ChangeN/A
Market Cap4.57B
Analysts76.36
Price Target26.05 (29.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
Yearly Dividend0.29
Dividend Growth(5Y)16.13%
DP45.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-22.54%
Min EPS beat(2)-31.72%
Max EPS beat(2)-13.37%
EPS beat(4)0
Avg EPS beat(4)-24.14%
Min EPS beat(4)-36.38%
Max EPS beat(4)-13.37%
EPS beat(8)1
Avg EPS beat(8)-18.78%
EPS beat(12)4
Avg EPS beat(12)-12.07%
EPS beat(16)6
Avg EPS beat(16)-10.01%
Revenue beat(2)0
Avg Revenue beat(2)-1.41%
Min Revenue beat(2)-2.12%
Max Revenue beat(2)-0.69%
Revenue beat(4)0
Avg Revenue beat(4)-14.63%
Min Revenue beat(4)-53.54%
Max Revenue beat(4)-0.69%
Revenue beat(8)0
Avg Revenue beat(8)-7.97%
Revenue beat(12)2
Avg Revenue beat(12)-5.52%
Revenue beat(16)5
Avg Revenue beat(16)-4.38%
PT rev (1m)-1.23%
PT rev (3m)-9%
EPS NQ rev (1m)2.17%
EPS NQ rev (3m)4.07%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.26%
Revenue NQ rev (1m)-1.24%
Revenue NQ rev (3m)-3.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.05 | ||
| Fwd PE | 18.93 | ||
| P/S | 1.88 | ||
| P/FCF | 15.8 | ||
| P/OCF | 10.45 | ||
| P/B | 4.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.35 |
EPS(TTM)0.65
EY3.22%
EPS(NY)1.07
Fwd EY5.28%
FCF(TTM)1.28
FCFY6.33%
OCF(TTM)1.93
OCFY9.57%
SpS10.71
BVpS5.04
TBVpS-5.42
PEG (NY)0.85
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 12.57% | ||
| ROCE | 9.29% | ||
| ROIC | 6.87% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 99.96% | ||
| OM | 10.82% | ||
| PM (TTM) | 5.92% | ||
| GM | 23.36% | ||
| FCFM | 11.93% |
ROA(3y)4.28%
ROA(5y)4.09%
ROE(3y)14.64%
ROE(5y)14.72%
ROIC(3y)7.8%
ROIC(5y)7.14%
ROICexc(3y)8.5%
ROICexc(5y)7.99%
ROICexgc(3y)148.12%
ROICexgc(5y)110.43%
ROCE(3y)10.55%
ROCE(5y)9.66%
ROICexcg growth 3Y18.35%
ROICexcg growth 5Y27.42%
ROICexc growth 3Y-2.28%
ROICexc growth 5Y0.67%
OM growth 3Y-6.79%
OM growth 5Y-1.1%
PM growth 3Y-9.35%
PM growth 5Y-0.78%
GM growth 3Y4.15%
GM growth 5Y3.26%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 6.05 | ||
| Debt/EBITDA | 2.35 | ||
| Cap/Depr | 47.54% | ||
| Cap/Sales | 6.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.26% | ||
| Profit Quality | 201.7% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 2.04 |
F-Score5
WACC7.07%
ROIC/WACC0.97
Cap/Depr(3y)49.82%
Cap/Depr(5y)46.1%
Cap/Sales(3y)5.93%
Cap/Sales(5y)5.53%
Profit Quality(3y)192.33%
Profit Quality(5y)225.1%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.25%
EPS 3Y-1.47%
EPS 5Y-0.89%
EPS Q2Q%-6.67%
EPS Next Y36.56%
EPS Next 2Y27.11%
EPS Next 3Y22.42%
EPS Next 5Y13.96%
Revenue 1Y (TTM)5.71%
Revenue growth 3Y7.34%
Revenue growth 5Y6.82%
Sales Q2Q%2.56%
Revenue Next Year6.09%
Revenue Next 2Y6.77%
Revenue Next 3Y6.81%
Revenue Next 5Y5.48%
EBIT growth 1Y-5.92%
EBIT growth 3Y0.05%
EBIT growth 5Y5.65%
EBIT Next Year116.47%
EBIT Next 3Y36.49%
EBIT Next 5Y22.64%
FCF growth 1Y-14.5%
FCF growth 3Y-4.42%
FCF growth 5Y5.95%
OCF growth 1Y-4.91%
OCF growth 3Y-0.81%
OCF growth 5Y7.15%