AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
NYSE:APH - New York Stock Exchange, Inc. - US0320951017 - Common Stock
APH gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. APH has an excellent profitability rating, but there are some minor concerns on its financial health. APH shows excellent growth, but is valued quite expensive already. These ratings could make APH a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year APH was profitable.
APH had a positive operating cash flow in the past year.
In the past 5 years APH has always been profitable.
Each year in the past 5 years APH had a positive operating cash flow.
1.2 Ratios
APH has a better Return On Assets (11.19%) than 92.50% of its industry peers.
APH has a Return On Equity of 23.19%. This is amongst the best in the industry. APH outperforms 92.50% of its industry peers.
APH has a Return On Invested Capital of 15.13%. This is amongst the best in the industry. APH outperforms 92.50% of its industry peers.
APH had an Average Return On Invested Capital over the past 3 years of 15.12%. This is significantly above the industry average of 9.03%.
The last Return On Invested Capital (15.13%) for APH is above the 3 year average (15.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.19% | ||
| ROE | 23.19% | ||
| ROIC | 15.13% |
ROA(3y)11.64%
ROA(5y)11.07%
ROE(3y)25.15%
ROE(5y)24.66%
ROIC(3y)15.12%
ROIC(5y)14.63%
1.3 Margins
APH has a Profit Margin of 15.40%. This is amongst the best in the industry. APH outperforms 91.67% of its industry peers.
In the last couple of years the Profit Margin of APH has remained more or less at the same level.
APH's Operating Margin of 21.25% is amongst the best of the industry. APH outperforms 99.17% of its industry peers.
APH's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 33.44%, APH is in line with its industry, outperforming 54.17% of the companies in the same industry.
In the last couple of years the Gross Margin of APH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.25% | ||
| PM (TTM) | 15.4% | ||
| GM | 33.44% |
OM growth 3Y2.5%
OM growth 5Y-0.01%
PM growth 3Y3.14%
PM growth 5Y0.89%
GM growth 3Y1.64%
GM growth 5Y0.1%
2. Health
2.1 Basic Checks
APH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
APH has more shares outstanding than it did 1 year ago.
APH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for APH has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.15 indicates that APH is not in any danger for bankruptcy at the moment.
The Altman-Z score of APH (7.15) is better than 84.17% of its industry peers.
The Debt to FCF ratio of APH is 2.45, which is a good value as it means it would take APH, 2.45 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.45, APH is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
A Debt/Equity ratio of 0.54 indicates that APH is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.54, APH is doing worse than 77.50% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for APH, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 7.15 |
ROIC/WACC1.46
WACC10.37%
2.3 Liquidity
A Current Ratio of 1.99 indicates that APH should not have too much problems paying its short term obligations.
With a Current ratio value of 1.99, APH is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
A Quick Ratio of 1.33 indicates that APH should not have too much problems paying its short term obligations.
APH has a Quick ratio of 1.33. This is in the lower half of the industry: APH underperforms 65.00% of its industry peers.
The current and quick ratio evaluation for APH is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
APH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.85%, which is quite good.
Measured over the past years, APH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.81% on average per year.
APH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.17%.
APH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.89% yearly.
EPS 1Y (TTM)17.85%
EPS 3Y17.19%
EPS 5Y9.81%
EPS Q2Q%28.21%
Revenue 1Y (TTM)14.17%
Revenue growth 3Y13.45%
Revenue growth 5Y8.89%
Sales Q2Q%26.24%
3.2 Future
APH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.48% yearly.
APH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.26% yearly.
EPS Next Y23.31%
EPS Next 2Y20.61%
EPS Next 3Y17.7%
EPS Next 5Y14.48%
Revenue Next Year20.77%
Revenue Next 2Y18.21%
Revenue Next 3Y15.16%
Revenue Next 5Y12.26%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 41.55, APH can be considered very expensive at the moment.
APH's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.29. APH is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 33.22 indicates a quite expensive valuation of APH.
APH's Price/Forward Earnings ratio is in line with the industry average.
APH is valuated rather expensively when we compare the Price/Forward Earnings ratio to 24.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.55 | ||
| Fwd PE | 33.22 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APH.
APH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.16 | ||
| EV/EBITDA | 25.66 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
APH has an outstanding profitability rating, which may justify a higher PE ratio.
APH's earnings are expected to grow with 17.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.78
PEG (5Y)4.23
EPS Next 2Y20.61%
EPS Next 3Y17.7%
5. Dividend
5.1 Amount
With a yearly dividend of 0.94%, APH is not a good candidate for dividend investing.
APH's Dividend Yield is rather good when compared to the industry average which is at 1.87. APH pays more dividend than 87.50% of the companies in the same industry.
With a Dividend Yield of 0.94, APH pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
5.2 History
The dividend of APH has a limited annual growth rate of 5.87%.
APH has paid a dividend for at least 10 years, which is a reliable track record.
APH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.87%
Div Incr Years13
Div Non Decr Years19
5.3 Sustainability
APH pays out 23.80% of its income as dividend. This is a sustainable payout ratio.
The dividend of APH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP23.8%
EPS Next 2Y20.61%
EPS Next 3Y17.7%
AMPHENOL CORP-CL A
NYSE:APH (1/21/2025, 8:04:00 PM)
Premarket: 77.4 +4.68 (+6.44%)72.72
+3.3 (+4.75%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.97%
Inst Owner Change-0.02%
Ins Owners0.52%
Ins Owner Change-1.91%
Market Cap87.67B
Analysts74.17
Price Target79.47 (9.28%)
Short Float %1.16%
Short Ratio2.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend0.56
Dividend Growth(5Y)5.87%
DP23.8%
Div Incr Years13
Div Non Decr Years19
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.53%
Min EPS beat(2)7.07%
Max EPS beat(2)9.98%
EPS beat(4)4
Avg EPS beat(4)7.79%
Min EPS beat(4)5.96%
Max EPS beat(4)9.98%
EPS beat(8)8
Avg EPS beat(8)5.71%
EPS beat(12)12
Avg EPS beat(12)6.57%
EPS beat(16)16
Avg EPS beat(16)6.85%
Revenue beat(2)2
Avg Revenue beat(2)5.27%
Min Revenue beat(2)5.12%
Max Revenue beat(2)5.42%
Revenue beat(4)4
Avg Revenue beat(4)4.82%
Min Revenue beat(4)4.1%
Max Revenue beat(4)5.42%
Revenue beat(8)8
Avg Revenue beat(8)3.38%
Revenue beat(12)12
Avg Revenue beat(12)4.36%
Revenue beat(16)16
Avg Revenue beat(16)4.82%
PT rev (1m)0.61%
PT rev (3m)7.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.63%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)3.99%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)8.37%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.55 | ||
| Fwd PE | 33.22 | ||
| P/S | 6.16 | ||
| P/FCF | 39.16 | ||
| P/OCF | 31.21 | ||
| P/B | 9.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 25.66 |
EPS(TTM)1.75
EY2.41%
EPS(NY)2.19
Fwd EY3.01%
FCF(TTM)1.86
FCFY2.55%
OCF(TTM)2.33
OCFY3.2%
SpS11.81
BVpS7.84
TBVpS-0.12
PEG (NY)1.78
PEG (5Y)4.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.19% | ||
| ROE | 23.19% | ||
| ROCE | 19.29% | ||
| ROIC | 15.13% | ||
| ROICexc | 16.83% | ||
| ROICexgc | 52.73% | ||
| OM | 21.25% | ||
| PM (TTM) | 15.4% | ||
| GM | 33.44% | ||
| FCFM | 15.73% |
ROA(3y)11.64%
ROA(5y)11.07%
ROE(3y)25.15%
ROE(5y)24.66%
ROIC(3y)15.12%
ROIC(5y)14.63%
ROICexc(3y)17.05%
ROICexc(5y)16.68%
ROICexgc(3y)49.58%
ROICexgc(5y)49.28%
ROCE(3y)19.27%
ROCE(5y)18.64%
ROICexcg growth 3Y5.84%
ROICexcg growth 5Y-7.17%
ROICexc growth 3Y3.61%
ROICexc growth 5Y-3.81%
OM growth 3Y2.5%
OM growth 5Y-0.01%
PM growth 3Y3.14%
PM growth 5Y0.89%
GM growth 3Y1.64%
GM growth 5Y0.1%
F-Score5
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 2.45 | ||
| Debt/EBITDA | 1.42 | ||
| Cap/Depr | 104.95% | ||
| Cap/Sales | 4.01% | ||
| Interest Coverage | 19.81 | ||
| Cash Conversion | 78.73% | ||
| Profit Quality | 102.12% | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 7.15 |
F-Score5
WACC10.37%
ROIC/WACC1.46
Cap/Depr(3y)93.51%
Cap/Depr(5y)92.98%
Cap/Sales(3y)3.11%
Cap/Sales(5y)3.23%
Profit Quality(3y)93.37%
Profit Quality(5y)98.79%
High Growth Momentum
Growth
EPS 1Y (TTM)17.85%
EPS 3Y17.19%
EPS 5Y9.81%
EPS Q2Q%28.21%
EPS Next Y23.31%
EPS Next 2Y20.61%
EPS Next 3Y17.7%
EPS Next 5Y14.48%
Revenue 1Y (TTM)14.17%
Revenue growth 3Y13.45%
Revenue growth 5Y8.89%
Sales Q2Q%26.24%
Revenue Next Year20.77%
Revenue Next 2Y18.21%
Revenue Next 3Y15.16%
Revenue Next 5Y12.26%
EBIT growth 1Y17.99%
EBIT growth 3Y16.28%
EBIT growth 5Y8.88%
EBIT Next Year49.75%
EBIT Next 3Y25.55%
EBIT Next 5Y16.88%
FCF growth 1Y43.19%
FCF growth 3Y17.91%
FCF growth 5Y21.87%
OCF growth 1Y44.82%
OCF growth 3Y16.68%
OCF growth 5Y17.84%