AMGEN INC (AMG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AMG - US0311621009 - Common Stock
282.85 EUR
+0.8 (+0.28%)
Taking everything into account, AMG scores 5 out of 10 in our fundamental rating. AMG was compared to 82 industry peers in the Biotechnology industry. While AMG belongs to the best of the industry regarding profitability, there are concerns on its financial health. AMG has a correct valuation and a medium growth rate. AMG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
AMG had positive earnings in the past year.
In the past year AMG had a positive cash flow from operations.
AMG had positive earnings in each of the past 5 years.
Each year in the past 5 years AMG had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 7.77%, AMG is doing good in the industry, outperforming 79.27% of the companies in the same industry.
The Return On Equity of AMG (72.82%) is better than 100.00% of its industry peers.
AMG has a better Return On Invested Capital (15.39%) than 89.02% 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 12.14%.
The last Return On Invested Capital (15.39%) for AMG is above the 3 year average (13.04%), which is a sign of increasing profitability.
| 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
AMG has a better Profit Margin (19.47%) than 81.71% of its industry peers.
AMG's Profit Margin has declined in the last couple of years.
AMG's Operating Margin of 33.57% is amongst the best of the industry. AMG outperforms 89.02% of its industry peers.
In the last couple of years the Operating Margin of AMG has declined.
Looking at the Gross Margin, with a value of 72.06%, AMG is in the better half of the industry, outperforming 62.20% of the companies in the same industry.
AMG's Gross Margin has declined in the last couple of years.
| 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
AMG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for AMG has been increased compared to 1 year ago.
AMG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AMG has been reduced compared to a year ago.
2.2 Solvency
AMG has a debt to FCF ratio of 4.28. This is a neutral value as AMG would need 4.28 years to pay back of all of its debts.
The Debt to FCF ratio of AMG (4.28) is better than 75.61% of its industry peers.
AMG has a Debt/Equity ratio of 5.45. This is a high value indicating a heavy dependency on external financing.
AMG's Debt to Equity ratio of 5.45 is on the low side compared to the rest of the industry. AMG is outperformed by 69.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.45 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | N/A |
ROIC/WACC1.8
WACC8.53%
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 68.29% 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.
AMG's Quick ratio of 0.99 is on the low side compared to the rest of the industry. AMG is outperformed by 69.51% 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.
The Earnings Per Share has been growing slightly by 5.97% on average over the past years.
The Revenue has grown by 10.56% in the past year. This is quite good.
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
The Earnings Per Share is expected to grow by 4.48% on average over the next years.
The Revenue is expected to grow by 3.55% on average over the next years.
EPS Next Y9.43%
EPS Next 2Y6.17%
EPS Next 3Y5.25%
EPS Next 5Y4.48%
Revenue Next Year9.42%
Revenue Next 2Y5.5%
Revenue Next 3Y4.54%
Revenue Next 5Y3.55%
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
AMG is valuated correctly with a Price/Earnings ratio of 15.25.
Compared to the rest of the industry, the Price/Earnings ratio of AMG indicates a rather cheap valuation: AMG is cheaper than 85.37% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.59, AMG is valued a bit cheaper.
The Price/Forward Earnings ratio is 14.92, which indicates a correct valuation of AMG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMG indicates a rather cheap valuation: AMG is cheaper than 91.46% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AMG to the average of the S&P500 Index (24.03), we can say AMG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.25 | ||
| Fwd PE | 14.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMG is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
AMG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AMG is cheaper than 90.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.08 | ||
| EV/EBITDA | 12.72 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of AMG may justify a higher PE ratio.
PEG (NY)1.62
PEG (5Y)2.55
EPS Next 2Y6.17%
EPS Next 3Y5.25%
5. Dividend
5.1 Amount
AMG has a Yearly Dividend Yield of 3.11%.
Compared to an average industry Dividend Yield of 0.80, AMG pays a better dividend. On top of this AMG pays more dividend than 97.56% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, AMG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.11% |
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 2Y6.17%
EPS Next 3Y5.25%
FRA:AMG (12/23/2025, 7:00:00 PM)
282.85
+0.8 (+0.28%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)
Earnings (Next)
Inst Owners83.83%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap152.31B
Revenue(TTM)35.97B
Net Income(TTM)7.00B
Analysts72.2
Price Target288.21 (1.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.11% |
Yearly Dividend7.7
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)4.1%
PT rev (3m)6.98%
EPS NQ rev (1m)0.07%
EPS NQ rev (3m)-7.7%
EPS NY rev (1m)1.12%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)1.06%
Revenue NY rev (1m)1.86%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.25 | ||
| Fwd PE | 14.92 | ||
| P/S | 4.99 | ||
| P/FCF | 14.08 | ||
| P/OCF | 13.68 | ||
| P/B | 18.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.72 |
EPS(TTM)18.55
EY6.56%
EPS(NY)18.95
Fwd EY6.7%
FCF(TTM)20.1
FCFY7.1%
OCF(TTM)20.68
OCFY7.31%
SpS56.67
BVpS15.16
TBVpS-50.73
PEG (NY)1.62
PEG (5Y)2.55
Graham Number79.53
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
WACC8.53%
ROIC/WACC1.8
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 Y9.43%
EPS Next 2Y6.17%
EPS Next 3Y5.25%
EPS Next 5Y4.48%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y8.76%
Revenue growth 5Y7.43%
Sales Q2Q%12.4%
Revenue Next Year9.42%
Revenue Next 2Y5.5%
Revenue Next 3Y4.54%
Revenue Next 5Y3.55%
EBIT growth 1Y93.73%
EBIT growth 3Y1.84%
EBIT growth 5Y-0.13%
EBIT Next Year42.82%
EBIT Next 3Y11.34%
EBIT Next 5Y7.32%
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.
What is the valuation status of AMGEN INC (AMG.DE) stock?
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.
How financially healthy is AMGEN INC?
The financial health rating of AMGEN INC (AMG.DE) is 3 / 10.
Is the dividend of AMGEN INC sustainable?
The dividend rating of AMGEN INC (AMG.DE) is 7 / 10 and the dividend payout ratio is 17.2%.