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Why quality investors should have a look at AMETEK INC (NYSE:AME).

By Mill Chart

Last update: Aug 25, 2023

In this article we will dive into AMETEK INC (NYSE:AME) as a possible candidate for quality investing. Investors should always do their own research, but we noticed AMETEK INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Some of the quality metrics of NYSE:AME highlighted

  • Over the past 5 years, AMETEK INC has experienced impressive revenue growth, with 7.42% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • With a robust ROIC excluding cash and goodwill at 60.18%, AMETEK INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • The Debt/Free Cash Flow Ratio of AMETEK INC stands at 1.69, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • With a robust Profit Quality (5-year) ratio of 111.0%, AMETEK INC highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
  • AMETEK INC has consistently achieved strong EBIT growth over the past 5 years, with a 10.4% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • AMETEK INC demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

A complete fundamental analysis of NYSE:AME

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall AME gets a fundamental rating of 7 out of 10. We evaluated AME against 86 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making AME a very profitable company, without any liquidiy or solvency issues. AME has a correct valuation and a medium growth rate. These ratings could make AME a good candidate for quality investing.

Check the latest full fundamental report of AME for a complete fundamental analysis.

More quality stocks can be found in our Caviar Cruise screen.


Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.



NYSE:AME (11/27/2023, 8:50:36 AM)


-2.1 (-1.34%)

AME News

News Image3 hours ago - ChartmillWhy NYSE:AME Stands Out as a Quality Stock.

In this article we'll explore the quality characteristics of AMETEK INC (NYSE:AME)

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