AMGEN INC (AMG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AMG - US0311621009 - Common Stock
282.35 EUR
+0.9 (+0.32%)
AMG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 86 industry peers in the Biotechnology industry. AMG scores excellent on profitability, but there are concerns on its financial health. AMG has a correct valuation and a medium growth rate. Finally AMG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year AMG was profitable.
- In the past year AMG had a positive cash flow from operations.
- Each year in the past 5 years AMG has been profitable.
- AMG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- AMG has a better Return On Assets (7.77%) than 84.88% of its industry peers.
- AMG has a better Return On Equity (72.82%) than 98.84% of its industry peers.
- AMG's Return On Invested Capital of 15.39% is amongst the best of the industry. AMG outperforms 90.70% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for AMG is in line with the industry average of 11.58%.
- The 3 year average ROIC (13.04%) for AMG is below the current ROIC(15.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 72.82% | ||
| ROIC | 15.39% |
ROA(3y)7.14%
ROA(5y)8.52%
ROE(3y)118.78%
ROE(5y)104.3%
ROIC(3y)13.04%
ROIC(5y)14.18%
1.3 Margins
- With an excellent Profit Margin value of 19.47%, AMG belongs to the best of the industry, outperforming 84.88% of the companies in the same industry.
- In the last couple of years the Profit Margin of AMG has declined.
- AMG's Operating Margin of 33.57% is amongst the best of the industry. AMG outperforms 90.70% of its industry peers.
- AMG's Operating Margin has declined in the last couple of years.
- AMG's Gross Margin of 72.06% is fine compared to the rest of the industry. AMG outperforms 63.95% of its industry peers.
- In the last couple of years the Gross Margin of AMG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.57% | ||
| PM (TTM) | 19.47% | ||
| GM | 72.06% |
OM growth 3Y-6.36%
OM growth 5Y-7.03%
PM growth 3Y-18.6%
PM growth 5Y-18.28%
GM growth 3Y-2.94%
GM growth 5Y-3.32%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AMG is creating some value.
- The number of shares outstanding for AMG has been increased compared to 1 year ago.
- The number of shares outstanding for AMG has been reduced compared to 5 years ago.
- The debt/assets ratio for AMG has been reduced compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of AMG is 4.28, which is a neutral value as it means it would take AMG, 4.28 years of fcf income to pay off all of its debts.
- AMG has a Debt to FCF ratio of 4.28. This is in the better half of the industry: AMG outperforms 79.07% of its industry peers.
- A Debt/Equity ratio of 5.45 is on the high side and indicates that AMG has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 5.45, AMG is doing worse than 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.45 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | N/A |
ROIC/WACC1.78
WACC8.65%
2.3 Liquidity
- A Current Ratio of 1.28 indicates that AMG should not have too much problems paying its short term obligations.
- The Current ratio of AMG (1.28) is worse than 66.28% of its industry peers.
- AMG has a Quick Ratio of 1.28. This is a bad value and indicates that AMG is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of AMG (0.99) is worse than 65.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 13.79% over the past year.
- AMG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.97% yearly.
- AMG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.56%.
- Measured over the past years, AMG shows a small growth in Revenue. The Revenue has been growing by 7.43% on average per year.
EPS 1Y (TTM)13.79%
EPS 3Y5.02%
EPS 5Y5.97%
EPS Q2Q%1.08%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y8.76%
Revenue growth 5Y7.43%
Sales Q2Q%12.4%
3.2 Future
- Based on estimates for the next years, AMG will show a small growth in Earnings Per Share. The EPS will grow by 4.77% on average per year.
- Based on estimates for the next years, AMG will show a small growth in Revenue. The Revenue will grow by 3.63% on average per year.
EPS Next Y9.46%
EPS Next 2Y6.31%
EPS Next 3Y5.32%
EPS Next 5Y4.77%
Revenue Next Year9.4%
Revenue Next 2Y5.49%
Revenue Next 3Y4.57%
Revenue Next 5Y3.63%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 15.14, which indicates a correct valuation of AMG.
- Based on the Price/Earnings ratio, AMG is valued cheaply inside the industry as 90.70% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 26.94, AMG is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 14.78, AMG is valued correctly.
- Based on the Price/Forward Earnings ratio, AMG is valued cheaper than 89.53% of the companies in the same industry.
- AMG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.14 | ||
| Fwd PE | 14.78 |
4.2 Price Multiples
- AMG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AMG is cheaper than 82.56% of the companies in the same industry.
- AMG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AMG is cheaper than 90.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.98 | ||
| EV/EBITDA | 12.62 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- AMG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.6
PEG (5Y)2.53
EPS Next 2Y6.31%
EPS Next 3Y5.32%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.05%, AMG has a reasonable but not impressive dividend return.
- AMG's Dividend Yield is rather good when compared to the industry average which is at 0.75. AMG pays more dividend than 94.19% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, AMG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
- The dividend of AMG is nicely growing with an annual growth rate of 9.41%!
Dividend Growth(5Y)9.41%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- AMG pays out 17.20% of its income as dividend. This is a sustainable payout ratio.
- AMG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.2%
EPS Next 2Y6.31%
EPS Next 3Y5.32%
FRA:AMG (1/21/2026, 9:31:01 AM)
282.35
+0.9 (+0.32%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)02-02 2026-02-02/amc
Inst Owners83.87%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap152.04B
Revenue(TTM)35.97B
Net Income(TTM)7.00B
Analysts72.2
Price Target288.87 (2.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend7.76
Dividend Growth(5Y)9.41%
DP17.2%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.96%
Min EPS beat(2)10.28%
Max EPS beat(2)11.64%
EPS beat(4)4
Avg EPS beat(4)9.04%
Min EPS beat(4)2.49%
Max EPS beat(4)11.73%
EPS beat(8)7
Avg EPS beat(8)5.13%
EPS beat(12)10
Avg EPS beat(12)4.44%
EPS beat(16)14
Avg EPS beat(16)4.21%
Revenue beat(2)2
Avg Revenue beat(2)2.59%
Min Revenue beat(2)0.68%
Max Revenue beat(2)4.49%
Revenue beat(4)3
Avg Revenue beat(4)1.17%
Min Revenue beat(4)-0.84%
Max Revenue beat(4)4.49%
Revenue beat(8)3
Avg Revenue beat(8)-0.21%
Revenue beat(12)4
Avg Revenue beat(12)-0.48%
Revenue beat(16)5
Avg Revenue beat(16)-0.54%
PT rev (1m)0.23%
PT rev (3m)6.21%
EPS NQ rev (1m)-0.16%
EPS NQ rev (3m)-7.61%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.14 | ||
| Fwd PE | 14.78 | ||
| P/S | 4.96 | ||
| P/FCF | 13.98 | ||
| P/OCF | 13.58 | ||
| P/B | 18.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.62 |
EPS(TTM)18.65
EY6.61%
EPS(NY)19.1
Fwd EY6.76%
FCF(TTM)20.2
FCFY7.15%
OCF(TTM)20.78
OCFY7.36%
SpS56.96
BVpS15.23
TBVpS-50.98
PEG (NY)1.6
PEG (5Y)2.53
Graham Number79.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 72.82% | ||
| ROCE | 17.67% | ||
| ROIC | 15.39% | ||
| ROICexc | 17.86% | ||
| ROICexgc | 61.56% | ||
| OM | 33.57% | ||
| PM (TTM) | 19.47% | ||
| GM | 72.06% | ||
| FCFM | 35.46% |
ROA(3y)7.14%
ROA(5y)8.52%
ROE(3y)118.78%
ROE(5y)104.3%
ROIC(3y)13.04%
ROIC(5y)14.18%
ROICexc(3y)15.77%
ROICexc(5y)17.27%
ROICexgc(3y)75.76%
ROICexgc(5y)77.1%
ROCE(3y)14.97%
ROCE(5y)16.28%
ROICexgc growth 3Y3.26%
ROICexgc growth 5Y-18.2%
ROICexc growth 3Y-8.67%
ROICexc growth 5Y-7.85%
OM growth 3Y-6.36%
OM growth 5Y-7.03%
PM growth 3Y-18.6%
PM growth 5Y-18.28%
GM growth 3Y-2.94%
GM growth 5Y-3.32%
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.45 | ||
| Debt/FCF | 4.28 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.3% | ||
| Profit Quality | 182.08% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | N/A |
F-Score7
WACC8.65%
ROIC/WACC1.78
Cap/Depr(3y)24.77%
Cap/Depr(5y)23.42%
Cap/Sales(3y)3.59%
Cap/Sales(5y)3.31%
Profit Quality(3y)165.92%
Profit Quality(5y)155.23%
High Growth Momentum
Growth
EPS 1Y (TTM)13.79%
EPS 3Y5.02%
EPS 5Y5.97%
EPS Q2Q%1.08%
EPS Next Y9.46%
EPS Next 2Y6.31%
EPS Next 3Y5.32%
EPS Next 5Y4.77%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y8.76%
Revenue growth 5Y7.43%
Sales Q2Q%12.4%
Revenue Next Year9.4%
Revenue Next 2Y5.49%
Revenue Next 3Y4.57%
Revenue Next 5Y3.63%
EBIT growth 1Y93.73%
EBIT growth 3Y1.84%
EBIT growth 5Y-0.13%
EBIT Next Year42.71%
EBIT Next 3Y11.36%
EBIT Next 5Y7.69%
FCF growth 1Y36%
FCF growth 3Y7.44%
FCF growth 5Y4.03%
OCF growth 1Y24.04%
OCF growth 3Y7.45%
OCF growth 5Y4.66%
AMGEN INC / AMG.DE FAQ
What is the ChartMill fundamental rating of AMGEN INC (AMG.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AMG.DE.
Can you provide the valuation status for AMGEN INC?
ChartMill assigns a valuation rating of 6 / 10 to AMGEN INC (AMG.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for AMGEN INC?
AMGEN INC (AMG.DE) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for AMG stock?
The Earnings per Share (EPS) of AMGEN INC (AMG.DE) is expected to grow by 9.46% in the next year.
Can you provide the dividend sustainability for AMG stock?
The dividend rating of AMGEN INC (AMG.DE) is 7 / 10 and the dividend payout ratio is 17.2%.