Altra Industrial Motion Corporation (AIMC) Stock Fundamental Analysis
NASDAQ:AIMC - US02208R1068 - Common Stock
61.98 USD
-0.01 (-0.02%)
62 USD
+0.02 (+0.03%)
Taking everything into account, AIMC scores 5 out of 10 in our fundamental rating. AIMC was compared to 127 industry peers in the Machinery industry. While AIMC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AIMC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AIMC had positive earnings in the past year.
In the past year AIMC had a positive cash flow from operations.
AIMC had positive earnings in 4 of the past 5 years.
AIMC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.45%, AIMC is in line with its industry, outperforming 50.76% of the companies in the same industry.
Looking at the Return On Equity, with a value of 6.34%, AIMC is in line with its industry, outperforming 48.48% of the companies in the same industry.
AIMC has a Return On Invested Capital (5.26%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for AIMC is significantly above the industry average of 10.48%.
The last Return On Invested Capital (5.26%) for AIMC is well below the 3 year average (25.80%), which needs to be investigated, but indicates that AIMC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.45% | ||
| ROE | 6.34% | ||
| ROIC | 5.26% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.8%
ROIC(5y)N/A
1.3 Margins
AIMC has a better Profit Margin (6.53%) than 62.12% of its industry peers.
In the last couple of years the Profit Margin of AIMC has grown nicely.
AIMC has a better Operating Margin (13.30%) than 75.76% of its industry peers.
AIMC's Operating Margin has improved in the last couple of years.
AIMC's Gross Margin of 35.62% is fine compared to the rest of the industry. AIMC outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of AIMC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.3% | ||
| PM (TTM) | 6.53% | ||
| GM | 35.62% |
OM growth 3Y0.8%
OM growth 5Y6.06%
PM growth 3Y-2%
PM growth 5Y2.17%
GM growth 3Y-0.16%
GM growth 5Y2.51%
2. Health
2.1 Basic Checks
AIMC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
AIMC has more shares outstanding than it did 1 year ago.
AIMC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.51 indicates that AIMC is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.51, AIMC is in line with its industry, outperforming 43.94% of the companies in the same industry.
AIMC has a debt to FCF ratio of 15.12. This is a negative value and a sign of low solvency as AIMC would need 15.12 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.12, AIMC is in line with its industry, outperforming 56.06% of the companies in the same industry.
A Debt/Equity ratio of 0.51 indicates that AIMC is somewhat dependend on debt financing.
AIMC has a Debt to Equity ratio of 0.51. This is comparable to the rest of the industry: AIMC outperforms 46.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 15.12 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.57
WACC9.18%
2.3 Liquidity
AIMC has a Current Ratio of 2.22. This indicates that AIMC is financially healthy and has no problem in meeting its short term obligations.
AIMC has a Current ratio of 2.22. This is comparable to the rest of the industry: AIMC outperforms 54.55% of its industry peers.
A Quick Ratio of 1.32 indicates that AIMC should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.32, AIMC perfoms like the industry average, outperforming 53.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.86% over the past year.
Measured over the past years, AIMC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.86% on average per year.
AIMC shows a small growth in Revenue. In the last year, the Revenue has grown by 2.41%.
The Revenue has been growing by 17.28% on average over the past years. This is quite good.
EPS 1Y (TTM)1.86%
EPS 3Y4.67%
EPS 5Y9.86%
EPS Q2Q%8.96%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y1.98%
Revenue growth 5Y17.28%
Sales Q2Q%-0.09%
3.2 Future
The Earnings Per Share is expected to grow by 7.51% on average over the next years.
The Revenue is expected to grow by 2.86% on average over the next years.
EPS Next Y4.95%
EPS Next 2Y7.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.02%
Revenue Next 2Y2.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.90, AIMC is valued on the expensive side.
AIMC's Price/Earnings ratio is a bit cheaper when compared to the industry. AIMC is cheaper than 65.15% of the companies in the same industry.
AIMC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.14.
With a Price/Forward Earnings ratio of 18.00, AIMC is valued on the expensive side.
65.15% of the companies in the same industry are more expensive than AIMC, based on the Price/Forward Earnings ratio.
AIMC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AIMC is on the same level as its industry peers.
AIMC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.62 | ||
| EV/EBITDA | 13.84 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AIMC does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of AIMC may justify a higher PE ratio.
PEG (NY)3.81
PEG (5Y)1.92
EPS Next 2Y7.51%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AIMC has a yearly dividend return of 0.59%, which is pretty low.
Compared to an average industry Dividend Yield of 1.87, AIMC has a dividend in line with its industry peers.
With a Dividend Yield of 0.59, AIMC pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
The dividend of AIMC decreases each year by -23.87%.
AIMC has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of AIMC decreased recently.
Dividend Growth(5Y)-23.87%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AIMC pays out 17.56% of its income as dividend. This is a sustainable payout ratio.
DP17.56%
EPS Next 2Y7.51%
EPS Next 3YN/A
Altra Industrial Motion Corporation
NASDAQ:AIMC (3/24/2023, 8:14:51 PM)
After market: 62 +0.02 (+0.03%)61.98
-0.01 (-0.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners0.21%
Ins Owner Change0%
Market Cap4.05B
Analysts78
Price Target60.27 (-2.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
Yearly Dividend0.3
Dividend Growth(5Y)-23.87%
DP17.56%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.05%
Min EPS beat(2)-6.45%
Max EPS beat(2)-3.65%
EPS beat(4)1
Avg EPS beat(4)3.11%
Min EPS beat(4)-6.45%
Max EPS beat(4)24.95%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.64%
Min Revenue beat(2)-2.62%
Max Revenue beat(2)-0.66%
Revenue beat(4)2
Avg Revenue beat(4)0.36%
Min Revenue beat(4)-2.62%
Max Revenue beat(4)2.37%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.17%
PT rev (3m)3.17%
EPS NQ rev (1m)-0.19%
EPS NQ rev (3m)-0.19%
EPS NY rev (1m)1.35%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 18 | ||
| P/S | 2.08 | ||
| P/FCF | 58.62 | ||
| P/OCF | 32.41 | ||
| P/B | 2.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.84 |
EPS(TTM)3.28
EY5.29%
EPS(NY)3.44
Fwd EY5.55%
FCF(TTM)1.06
FCFY1.71%
OCF(TTM)1.91
OCFY3.09%
SpS29.77
BVpS30.64
TBVpS-7.54
PEG (NY)3.81
PEG (5Y)1.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.45% | ||
| ROE | 6.34% | ||
| ROCE | N/A | ||
| ROIC | 5.26% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 29.16% | ||
| OM | 13.3% | ||
| PM (TTM) | 6.53% | ||
| GM | 35.62% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.8%
ROIC(5y)N/A
ROICexc(3y)4.88%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y1.87%
ROICexcg growth 5Y12.52%
ROICexc growth 3Y9.91%
ROICexc growth 5Y-6.89%
OM growth 3Y0.8%
OM growth 5Y6.06%
PM growth 3Y-2%
PM growth 5Y2.17%
GM growth 3Y-0.16%
GM growth 5Y2.51%
F-Score6
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 15.12 | ||
| Debt/EBITDA | 2.96 | ||
| Cap/Depr | 59.34% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 54.41% | ||
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 2.51 |
F-Score6
WACC9.18%
ROIC/WACC0.57
Cap/Depr(3y)39.65%
Cap/Depr(5y)44.34%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.86%
EPS 3Y4.67%
EPS 5Y9.86%
EPS Q2Q%8.96%
EPS Next Y4.95%
EPS Next 2Y7.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.41%
Revenue growth 3Y1.98%
Revenue growth 5Y17.28%
Sales Q2Q%-0.09%
Revenue Next Year1.02%
Revenue Next 2Y2.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.59%
EBIT growth 3Y2.8%
EBIT growth 5Y24.39%
EBIT Next Year25.53%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-60.83%
FCF growth 3Y-30.31%
FCF growth 5Y7.65%
OCF growth 1Y-42.4%
OCF growth 3Y-21.24%
OCF growth 5Y9.17%