AMGEN INC (AMG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AMG - US0311621009 - Common Stock
295.6 EUR
+0.2 (+0.07%)
Overall AMG gets a fundamental rating of 5 out of 10. We evaluated AMG against 78 industry peers in the Biotechnology industry. While AMG has a great profitability rating, there are quite some concerns on its financial health. AMG has a correct valuation and a medium growth rate.
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.
In the past 5 years AMG has always been profitable.
In the past 5 years AMG always reported a positive cash flow from operatings.
1.2 Ratios
AMG has a Return On Assets of 7.77%. This is amongst the best in the industry. AMG outperforms 85.90% of its industry peers.
Looking at the Return On Equity, with a value of 72.82%, AMG belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
AMG's Return On Invested Capital of 15.39% is amongst the best of the industry. AMG outperforms 91.03% 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 12.34%.
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 87.18% of the companies in the same industry.
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 92.31% of its industry peers.
AMG's Operating Margin has declined in the last couple of years.
The Gross Margin of AMG (72.06%) is better than 66.67% of its industry peers.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AMG is creating value.
Compared to 1 year ago, AMG has more shares outstanding
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
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.
AMG has a better Debt to FCF ratio (4.28) than 80.77% 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.
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 64.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.45 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | N/A |
ROIC/WACC1.81
WACC8.49%
2.3 Liquidity
A Current Ratio of 1.28 indicates that AMG should not have too much problems paying its short term obligations.
AMG has a Current ratio of 1.28. This is in the lower half of the industry: AMG underperforms 62.82% 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 has a Quick ratio of 0.99. This is in the lower half of the industry: AMG underperforms 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
AMG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.79%, which is quite good.
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%.
The Revenue has been growing slightly by 7.43% on average over the past years.
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 4.18% on average per year.
AMG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.22% yearly.
EPS Next Y8.22%
EPS Next 2Y5.36%
EPS Next 3Y4.87%
EPS Next 5Y4.18%
Revenue Next Year7.43%
Revenue Next 2Y4.6%
Revenue Next 3Y3.97%
Revenue Next 5Y3.22%
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
A Price/Earnings ratio of 15.66 indicates a correct valuation of AMG.
Based on the Price/Earnings ratio, AMG is valued cheaply inside the industry as 88.46% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.31. AMG is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 15.57, the valuation of AMG can be described as correct.
94.87% of the companies in the same industry are more expensive than AMG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, AMG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.66 | ||
| Fwd PE | 15.57 |
4.2 Price Multiples
AMG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AMG is cheaper than 83.33% of the companies in the same industry.
91.03% of the companies in the same industry are more expensive than AMG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.46 | ||
| EV/EBITDA | 12.98 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AMG does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of AMG may justify a higher PE ratio.
PEG (NY)1.9
PEG (5Y)2.62
EPS Next 2Y5.36%
EPS Next 3Y4.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.83%, AMG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 12.49, AMG pays a better dividend. On top of this AMG pays more dividend than 96.15% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, AMG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
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
17.20% of the earnings are spent on dividend by AMG. This is a low number and sustainable payout ratio.
AMG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.2%
EPS Next 2Y5.36%
EPS Next 3Y4.87%
FRA:AMG (11/28/2025, 7:00:00 PM)
295.6
+0.2 (+0.07%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)
Earnings (Next)
Inst Owners84.15%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap159.14B
Revenue(TTM)35.97B
Net Income(TTM)7.00B
Analysts72
Price Target282.03 (-4.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
Yearly Dividend7.82
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)3.7%
PT rev (3m)2.64%
EPS NQ rev (1m)-7.42%
EPS NQ rev (3m)-7.94%
EPS NY rev (1m)-0.17%
EPS NY rev (3m)-0.32%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)1.12%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.66 | ||
| Fwd PE | 15.57 | ||
| P/S | 5.13 | ||
| P/FCF | 14.46 | ||
| P/OCF | 14.05 | ||
| P/B | 19.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.98 |
EPS(TTM)18.88
EY6.39%
EPS(NY)18.99
Fwd EY6.42%
FCF(TTM)20.45
FCFY6.92%
OCF(TTM)21.04
OCFY7.12%
SpS57.67
BVpS15.42
TBVpS-51.62
PEG (NY)1.9
PEG (5Y)2.62
Graham Number80.94
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
WACC8.49%
ROIC/WACC1.81
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 Y8.22%
EPS Next 2Y5.36%
EPS Next 3Y4.87%
EPS Next 5Y4.18%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y8.76%
Revenue growth 5Y7.43%
Sales Q2Q%12.4%
Revenue Next Year7.43%
Revenue Next 2Y4.6%
Revenue Next 3Y3.97%
Revenue Next 5Y3.22%
EBIT growth 1Y93.73%
EBIT growth 3Y1.84%
EBIT growth 5Y-0.13%
EBIT Next Year39.98%
EBIT Next 3Y10.33%
EBIT Next 5Y7.12%
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 6 / 10 and the dividend payout ratio is 17.2%.