AMPLIFON SPA (AMP.MI) Stock Fundamental Analysis
BIT:AMP - Euronext Milan - IT0004056880 - Common Stock - Currency: EUR
Taking everything into account, AMP scores 5 out of 10 in our fundamental rating. AMP was compared to 23 industry peers in the Health Care Providers & Services industry. While AMP belongs to the best of the industry regarding profitability, there are concerns on its financial health. AMP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AMP was profitable.
AMP had a positive operating cash flow in the past year.
AMP had positive earnings in each of the past 5 years.
In the past 5 years AMP always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.64%, AMP is doing good in the industry, outperforming 69.57% of the companies in the same industry.
The Return On Equity of AMP (12.64%) is better than 73.91% of its industry peers.
AMP's Return On Invested Capital of 6.98% is fine compared to the rest of the industry. AMP outperforms 78.26% 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 5.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.64% | ||
| ROE | 12.64% | ||
| ROIC | 6.98% |
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
AMP has a Profit Margin of 6.03%. This is amongst the best in the industry. AMP outperforms 86.96% of its industry peers.
In the last couple of years the Profit Margin of AMP has remained more or less at the same level.
The Operating Margin of AMP (11.05%) is better than 91.30% of its industry peers.
AMP's Operating Margin has been stable in the last couple of years.
The Gross Margin of AMP (23.30%) is comparable to the rest of the industry.
AMP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.05% | ||
| PM (TTM) | 6.03% | ||
| GM | 23.3% |
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
AMP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, AMP has about the same amount of shares outstanding.
Compared to 5 years ago, AMP has more shares outstanding
AMP has a worse debt/assets ratio than last year.
2.2 Solvency
AMP has an Altman-Z score of 1.89. 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.
With a decent Altman-Z score value of 1.89, AMP is doing good in the industry, outperforming 65.22% of the companies in the same industry.
The Debt to FCF ratio of AMP is 5.70, which is a neutral value as it means it would take AMP, 5.70 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AMP (5.70) is better than 69.57% of its industry peers.
AMP has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.17, AMP perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 5.7 | ||
| Altman-Z | 1.89 |
ROIC/WACC0.98
WACC7.09%
2.3 Liquidity
AMP has a Current 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.
The Current ratio of AMP (0.62) is worse than 78.26% of its industry peers.
A Quick Ratio of 0.54 indicates that AMP may have some problems paying its short term obligations.
The Quick ratio of AMP (0.54) is worse than 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
AMP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.57%.
AMP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.89% yearly.
The Revenue has been growing slightly by 6.60% in the past year.
The Revenue has been growing slightly by 6.82% on average over the past years.
EPS 1Y (TTM)-10.57%
EPS 3Y-1.47%
EPS 5Y-0.89%
EPS Q2Q%-9.09%
Revenue 1Y (TTM)6.6%
Revenue growth 3Y7.34%
Revenue growth 5Y6.82%
Sales Q2Q%8.03%
3.2 Future
AMP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.85% yearly.
Based on estimates for the next years, AMP will show a small growth in Revenue. The Revenue will grow by 6.33% on average per year.
EPS Next Y36.56%
EPS Next 2Y27.11%
EPS Next 3Y22.42%
EPS Next 5Y13.85%
Revenue Next Year9.3%
Revenue Next 2Y8.72%
Revenue Next 3Y9.03%
Revenue Next 5Y6.33%
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 25.66 indicates a quite expensive valuation of AMP.
AMP's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.79, AMP is valued at the same level.
With a Price/Forward Earnings ratio of 18.79, AMP is valued on the expensive side.
AMP's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, AMP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.66 | ||
| Fwd PE | 18.79 |
4.2 Price Multiples
AMP's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as AMP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.58 | ||
| EV/EBITDA | 9.33 |
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.
A more expensive valuation may be justified as AMP's earnings are expected to grow with 22.42% in the coming years.
PEG (NY)0.7
PEG (5Y)N/A
EPS Next 2Y27.11%
EPS Next 3Y22.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.70%, AMP has a reasonable but not impressive dividend return.
The stock price of AMP dropped by -33.98% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.92, AMP pays a bit more dividend than its industry peers.
AMP's Dividend Yield is slightly below the S&P500 average, which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
5.2 History
The dividend of AMP is nicely growing with an annual growth rate of 16.13%!
Dividend Growth(5Y)16.13%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
45.12% 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.
DP45.12%
EPS Next 2Y27.11%
EPS Next 3Y22.42%
BIT:AMP (4/25/2025, 7:00:00 PM)
16.935
-0.12 (-0.67%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners32.32%
Inst Owner ChangeN/A
Ins Owners42%
Ins Owner ChangeN/A
Market Cap3.83B
Analysts76.36
Price Target27.67 (63.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
Yearly Dividend0.29
Dividend Growth(5Y)16.13%
DP45.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-34.05%
Min EPS beat(2)-36.38%
Max EPS beat(2)-31.72%
EPS beat(4)0
Avg EPS beat(4)-23.9%
Min EPS beat(4)-36.38%
Max EPS beat(4)-12.38%
EPS beat(8)1
Avg EPS beat(8)-20.32%
EPS beat(12)4
Avg EPS beat(12)-11.33%
EPS beat(16)7
Avg EPS beat(16)-3.83%
Revenue beat(2)0
Avg Revenue beat(2)-27.12%
Min Revenue beat(2)-53.54%
Max Revenue beat(2)-0.69%
Revenue beat(4)0
Avg Revenue beat(4)-14.31%
Min Revenue beat(4)-53.54%
Max Revenue beat(4)-0.69%
Revenue beat(8)1
Avg Revenue beat(8)-7.63%
Revenue beat(12)3
Avg Revenue beat(12)-5.33%
Revenue beat(16)6
Avg Revenue beat(16)-4.08%
PT rev (1m)-9.8%
PT rev (3m)-10.54%
EPS NQ rev (1m)-1.39%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-7.7%
EPS NY rev (3m)-15.98%
Revenue NQ rev (1m)-1.2%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.66 | ||
| Fwd PE | 18.79 | ||
| P/S | 1.59 | ||
| P/FCF | 12.58 | ||
| P/OCF | 8.5 | ||
| P/B | 3.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.33 |
EPS(TTM)0.66
EY3.9%
EPS(NY)0.9
Fwd EY5.32%
FCF(TTM)1.35
FCFY7.95%
OCF(TTM)1.99
OCFY11.77%
SpS10.64
BVpS5.08
TBVpS-5.41
PEG (NY)0.7
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.64% | ||
| ROE | 12.64% | ||
| ROCE | 9.44% | ||
| ROIC | 6.98% | ||
| ROICexc | 7.77% | ||
| ROICexgc | 123.26% | ||
| OM | 11.05% | ||
| PM (TTM) | 6.03% | ||
| GM | 23.3% | ||
| FCFM | 12.65% |
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 Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 5.7 | ||
| Debt/EBITDA | 2.35 | ||
| Cap/Depr | 48.37% | ||
| Cap/Sales | 6.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.28% | ||
| Profit Quality | 209.62% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 1.89 |
F-Score5
WACC7.09%
ROIC/WACC0.98
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)-10.57%
EPS 3Y-1.47%
EPS 5Y-0.89%
EPS Q2Q%-9.09%
EPS Next Y36.56%
EPS Next 2Y27.11%
EPS Next 3Y22.42%
EPS Next 5Y13.85%
Revenue 1Y (TTM)6.6%
Revenue growth 3Y7.34%
Revenue growth 5Y6.82%
Sales Q2Q%8.03%
Revenue Next Year9.3%
Revenue Next 2Y8.72%
Revenue Next 3Y9.03%
Revenue Next 5Y6.33%
EBIT growth 1Y-2.96%
EBIT growth 3Y0.05%
EBIT growth 5Y5.65%
EBIT Next Year121.16%
EBIT Next 3Y37.77%
EBIT Next 5Y23.88%
FCF growth 1Y12.08%
FCF growth 3Y-4.42%
FCF growth 5Y5.95%
OCF growth 1Y9.1%
OCF growth 3Y-0.81%
OCF growth 5Y7.15%