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Why NYSE:AME Stands Out as a Quality Stock.

By Mill Chart

Last update: Nov 27, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if AMETEK INC (NYSE:AME) is suited for quality investing. Investors should of course do their own research, but we spotted AMETEK INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

What matters for quality investors.

  • 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 notable ROIC excluding cash and goodwill at 74.19%, AMETEK INC demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
  • The Debt/Free Cash Flow Ratio of AMETEK INC stands at 1.5, 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 favorable Profit Quality (5-year) ratio of 111.0%, AMETEK INC showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
  • With a robust 5-year EBIT growth of 10.4%, AMETEK INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • AMETEK INC has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

A complete fundamental analysis of NYSE:AME

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

AME gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 87 industry peers in the Electrical Equipment industry. AME has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.



NYSE:AME (5/28/2024, 9:19:10 AM)


-1.93 (-1.11%)

AME News

News Image14 days ago - Market News VideoOtis Worldwide Now #231 Largest Company, Surpassing AMETEK
News Image19 days ago - AMETEK, Inc.AMETEK Appoints Patrick L. Williams Vice President and General Manager, Maintenance, Repair, Overhaul (MRO) Division

/PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Patrick L. Williams as Vice President and General Manager, MRO Division. Mr....

News Image19 days ago - AMETEK, Inc.AMETEK Declares Quarterly Dividend

/PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.28 per share for the second quarter ending June...

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Investors should considered these discounted stocks to buy for generous returns due to current undervaluation and strong fundamentals.

News Image26 days ago - InvestorPlaceAME Stock Earnings: AMETEK Beats EPS, Misses Revenue for Q1 2024

AME stock results show that AMETEK beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

News Image26 days ago - Market News VideoAMETEK Becomes Oversold (AME)
News Imagea month ago - AMETEK, Inc.AMETEK Announces Record First Quarter Results and Raises 2024 Guidance

/PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2024. AMETEK's first quarter 2024 sales...

News Imagea month ago - Market News VideoDecember 20th Options Now Available For AMETEK (AME)
News Imagea month ago - AMETEK, Inc.AMETEK Announces First Quarter 2024 Earnings Call and Webcasted Investor Conference Call Information

/PRNewswire/ -- AMETEK, Inc. (NYSE: AME) will issue its first quarter 2024 earnings release before the market opens on Thursday, May 2, 2024. AMETEK will...

News Image2 months ago - Market News VideoInteresting AME Put And Call Options For May 17th
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