AMPLIFON SPA (AMP.MI) Stock Fundamental Analysis
BIT:AMP - Euronext Milan - IT0004056880 - Common Stock - Currency: EUR
Overall AMP gets a fundamental rating of 4 out of 10. We evaluated AMP against 23 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.
Each year in the past 5 years AMP has been profitable.
Each year in the past 5 years AMP had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.01%, AMP is doing good in the industry, outperforming 73.08% of the companies in the same industry.
With a decent Return On Equity value of 13.94%, AMP is doing good in the industry, outperforming 73.08% of the companies in the same industry.
The Return On Invested Capital of AMP (7.77%) is better than 80.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AMP is above the industry average of 5.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 13.94% | ||
| ROIC | 7.77% |
ROA(3y)4.56%
ROA(5y)4.12%
ROE(3y)16.11%
ROE(5y)15.32%
ROIC(3y)7.89%
ROIC(5y)7.09%
1.3 Margins
With an excellent Profit Margin value of 6.61%, AMP belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
AMP's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 11.54%, AMP belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
In the last couple of years the Operating Margin of AMP has remained more or less at the same level.
AMP's Gross Margin of 23.55% is in line compared to the rest of the industry. AMP outperforms 46.15% of its industry peers.
In the last couple of years the Gross Margin of AMP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.54% | ||
| PM (TTM) | 6.61% | ||
| GM | 23.55% |
OM growth 3Y3.03%
OM growth 5Y0.34%
PM growth 3Y0.72%
PM growth 5Y-1.42%
GM growth 3Y4.83%
GM growth 5Y3.84%
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 more shares outstanding
The number of shares outstanding for AMP has been reduced compared to 5 years ago.
AMP has a better debt/assets ratio than last year.
2.2 Solvency
AMP has an Altman-Z score of 2.02. 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 2.02, AMP is doing good in the industry, outperforming 61.54% of the companies in the same industry.
The Debt to FCF ratio of AMP is 6.42, which is on the high side as it means it would take AMP, 6.42 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.42, AMP is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
AMP has a Debt/Equity ratio of 0.99. This is a neutral value indicating AMP is somewhat dependend on debt financing.
AMP has a Debt to Equity ratio (0.99) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 6.42 | ||
| Altman-Z | 2.02 |
ROIC/WACC1.08
WACC7.19%
2.3 Liquidity
AMP has a Current Ratio of 0.47. 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 has a Current ratio of 0.47. This is in the lower half of the industry: AMP underperforms 76.92% of its industry peers.
A Quick Ratio of 0.40 indicates that AMP may have some problems paying its short term obligations.
With a Quick ratio value of 0.40, AMP is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for AMP have decreased strongly by -14.79% in the last year.
Measured over the past years, AMP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.44% on average per year.
The Revenue has been growing slightly by 6.08% in the past year.
Measured over the past years, AMP shows a quite strong growth in Revenue. The Revenue has been growing by 10.66% on average per year.
EPS 1Y (TTM)-14.79%
EPS 3Y8.3%
EPS 5Y9.44%
EPS Q2Q%-20%
Revenue 1Y (TTM)6.08%
Revenue growth 3Y14.56%
Revenue growth 5Y10.66%
Sales Q2Q%-49.64%
3.2 Future
The Earnings Per Share is expected to grow by 17.86% on average over the next years. This is quite good.
Based on estimates for the next years, AMP will show a small growth in Revenue. The Revenue will grow by 7.23% on average per year.
EPS Next Y8.25%
EPS Next 2Y15.03%
EPS Next 3Y14.51%
EPS Next 5Y17.86%
Revenue Next Year5.75%
Revenue Next 2Y7.51%
Revenue Next 3Y7.72%
Revenue Next 5Y7.23%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 30.68 indicates a quite expensive valuation of AMP.
Compared to the rest of the industry, the Price/Earnings ratio of AMP indicates a slightly more expensive valuation: AMP is more expensive than 73.08% of the companies listed in the same industry.
AMP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 21.36 indicates a rather expensive valuation of AMP.
Based on the Price/Forward Earnings ratio, AMP is valued a bit more expensive than the industry average as 65.38% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of AMP to the average of the S&P500 Index (22.10), we can say AMP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.68 | ||
| Fwd PE | 21.36 |
4.2 Price Multiples
AMP's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, AMP is valued a bit more expensive than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.6 | ||
| EV/EBITDA | 11.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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 14.51% in the coming years.
PEG (NY)3.72
PEG (5Y)3.25
EPS Next 2Y15.03%
EPS Next 3Y14.51%
5. Dividend
5.1 Amount
AMP has a Yearly Dividend Yield of 1.42%. Purely for dividend investing, there may be better candidates out there.
AMP's Dividend Yield is comparable with the industry average which is at 2.93.
AMP's Dividend Yield is slightly below the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
On average, the dividend of AMP grows each year by 22.23%, which is quite nice.
Dividend Growth(5Y)22.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
42.08% of the earnings are spent on dividend by AMP. This is a bit on the high side, but may be sustainable.
The dividend of AMP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.08%
EPS Next 2Y15.03%
EPS Next 3Y14.51%
BIT:AMP (3/7/2025, 7:00:00 PM)
20.86
+0.46 (+2.25%)
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 Cap4.72B
Analysts75.45
Price Target31.74 (52.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend0.29
Dividend Growth(5Y)22.23%
DP42.08%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.74%
Min EPS beat(2)-36.38%
Max EPS beat(2)-15.11%
EPS beat(4)0
Avg EPS beat(4)-19.18%
Min EPS beat(4)-36.38%
Max EPS beat(4)-12.38%
EPS beat(8)2
Avg EPS beat(8)-15.53%
EPS beat(12)4
Avg EPS beat(12)-13.89%
EPS beat(16)8
Avg EPS beat(16)-1.54%
Revenue beat(2)0
Avg Revenue beat(2)-27.85%
Min Revenue beat(2)-53.54%
Max Revenue beat(2)-2.15%
Revenue beat(4)0
Avg Revenue beat(4)-14.76%
Min Revenue beat(4)-53.54%
Max Revenue beat(4)-0.87%
Revenue beat(8)1
Avg Revenue beat(8)-7.89%
Revenue beat(12)3
Avg Revenue beat(12)-6%
Revenue beat(16)6
Avg Revenue beat(16)-4.76%
PT rev (1m)-0.94%
PT rev (3m)-3.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.36%
EPS NY rev (1m)-0.35%
EPS NY rev (3m)-7.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.68 | ||
| Fwd PE | 21.36 | ||
| P/S | 2 | ||
| P/FCF | 17.6 | ||
| P/OCF | 11.57 | ||
| P/B | 4.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.07 |
EPS(TTM)0.68
EY3.26%
EPS(NY)0.98
Fwd EY4.68%
FCF(TTM)1.18
FCFY5.68%
OCF(TTM)1.8
OCFY8.64%
SpS10.42
BVpS4.94
TBVpS-5.54
PEG (NY)3.72
PEG (5Y)3.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 13.94% | ||
| ROCE | 10.61% | ||
| ROIC | 7.77% | ||
| ROICexc | 8.31% | ||
| ROICexgc | 700.97% | ||
| OM | 11.54% | ||
| PM (TTM) | 6.61% | ||
| GM | 23.55% | ||
| FCFM | 11.37% |
ROA(3y)4.56%
ROA(5y)4.12%
ROE(3y)16.11%
ROE(5y)15.32%
ROIC(3y)7.89%
ROIC(5y)7.09%
ROICexc(3y)8.61%
ROICexc(5y)7.87%
ROICexgc(3y)130.6%
ROICexgc(5y)92.25%
ROCE(3y)10.78%
ROCE(5y)9.67%
ROICexcg growth 3Y79.69%
ROICexcg growth 5Y22.47%
ROICexc growth 3Y12.55%
ROICexc growth 5Y4.23%
OM growth 3Y3.03%
OM growth 5Y0.34%
PM growth 3Y0.72%
PM growth 5Y-1.42%
GM growth 3Y4.83%
GM growth 5Y3.84%
F-Score4
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 6.42 | ||
| Debt/EBITDA | 1.94 | ||
| Cap/Depr | 47.4% | ||
| Cap/Sales | 5.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.93% | ||
| Profit Quality | 172.09% | ||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 2.02 |
F-Score4
WACC7.19%
ROIC/WACC1.08
Cap/Depr(3y)50.7%
Cap/Depr(5y)45.84%
Cap/Sales(3y)5.85%
Cap/Sales(5y)5.37%
Profit Quality(3y)196.18%
Profit Quality(5y)225.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.79%
EPS 3Y8.3%
EPS 5Y9.44%
EPS Q2Q%-20%
EPS Next Y8.25%
EPS Next 2Y15.03%
EPS Next 3Y14.51%
EPS Next 5Y17.86%
Revenue 1Y (TTM)6.08%
Revenue growth 3Y14.56%
Revenue growth 5Y10.66%
Sales Q2Q%-49.64%
Revenue Next Year5.75%
Revenue Next 2Y7.51%
Revenue Next 3Y7.72%
Revenue Next 5Y7.23%
EBIT growth 1Y-5.83%
EBIT growth 3Y18.04%
EBIT growth 5Y11.04%
EBIT Next Year102.86%
EBIT Next 3Y35.55%
EBIT Next 5Y24.19%
FCF growth 1Y-20.92%
FCF growth 3Y-6.31%
FCF growth 5Y21.44%
OCF growth 1Y-13.54%
OCF growth 3Y1.85%
OCF growth 5Y17.98%