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Why AMETEK INC (NYSE:AME) should be investigated by quality investors.

By Mill Chart

Last update: Mar 25, 2024

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.

What matters for quality investors.

  • Over the past 5 years, AMETEK INC has experienced impressive revenue growth, with 6.36% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • AMETEK INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 124.0% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • With a Debt/Free Cash Flow Ratio of 2.07, AMETEK INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • With a favorable Profit Quality (5-year) ratio of 114.0%, 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 9.69%, 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 superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

How does the complete fundamental picture look for NYSE:AME?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 6 out of 10 to AME. AME was compared to 86 industry peers in the Electrical Equipment industry. AME has an excellent profitability rating, but there are some minor concerns on its financial health. AME has a decent growth rate and is not valued too expensively.

For an up to date full fundamental analysis you can check the fundamental report of AME

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.



NYSE:AME (5/24/2024, 7:13:43 PM)

After market: 173.66 0 (0%)


+0.94 (+0.54%)

AME News

News Image12 days ago - Market News VideoOtis Worldwide Now #231 Largest Company, Surpassing AMETEK
News Image18 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 Image18 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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News Image24 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 Image24 days ago - Market News VideoAMETEK Becomes Oversold (AME)
News Image25 days 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...

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