AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APH - US0320951017 - Common Stock
139.36 USD
-0.1 (-0.07%)
139.913 USD
+0.55 (+0.4%)
Overall APH gets a fundamental rating of 7 out of 10. We evaluated APH against 125 industry peers in the Electronic Equipment, Instruments & Components industry. APH scores excellent on profitability, but there are some minor concerns on its financial health. APH is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, APH could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year APH was profitable.
In the past year APH had a positive cash flow from operations.
In the past 5 years APH has always been profitable.
APH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APH has a Return On Assets of 14.08%. This is amongst the best in the industry. APH outperforms 92.00% of its industry peers.
APH's Return On Equity of 30.52% is amongst the best of the industry. APH outperforms 92.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.87%, APH belongs to the top of the industry, outperforming 93.60% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for APH is significantly above the industry average of 9.17%.
The last Return On Invested Capital (19.87%) for APH is above the 3 year average (15.77%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 30.52% | ||
| ROIC | 19.87% |
ROA(3y)11.79%
ROA(5y)11.2%
ROE(3y)24.99%
ROE(5y)24.51%
ROIC(3y)15.77%
ROIC(5y)14.96%
1.3 Margins
APH has a better Profit Margin (18.22%) than 94.40% of its industry peers.
APH's Profit Margin has improved in the last couple of years.
APH's Operating Margin of 25.01% is amongst the best of the industry. APH outperforms 99.20% of its industry peers.
In the last couple of years the Operating Margin of APH has grown nicely.
APH's Gross Margin of 36.31% is in line compared to the rest of the industry. APH outperforms 59.20% of its industry peers.
In the last couple of years the Gross Margin of APH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.01% | ||
| PM (TTM) | 18.22% | ||
| GM | 36.31% |
OM growth 3Y2.74%
OM growth 5Y1.65%
PM growth 3Y2.87%
PM growth 5Y2.55%
GM growth 3Y2.7%
GM growth 5Y1.27%
2. Health
2.1 Basic Checks
APH has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
APH has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, APH has more shares outstanding
APH has a worse debt/assets ratio than last year.
2.2 Solvency
APH has an Altman-Z score of 9.17. This indicates that APH is financially healthy and has little risk of bankruptcy at the moment.
APH has a Altman-Z score of 9.17. This is amongst the best in the industry. APH outperforms 86.40% of its industry peers.
The Debt to FCF ratio of APH is 2.27, which is a good value as it means it would take APH, 2.27 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.27, APH is in the better half of the industry, outperforming 73.60% of the companies in the same industry.
APH has a Debt/Equity ratio of 0.57. This is a neutral value indicating APH is somewhat dependend on debt financing.
APH's Debt to Equity ratio of 0.57 is on the low side compared to the rest of the industry. APH is outperformed by 76.80% of its industry peers.
Even though the debt/equity ratio score it not favorable for APH, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 2.27 | ||
| Altman-Z | 9.17 |
ROIC/WACC2.25
WACC8.84%
2.3 Liquidity
APH has a Current Ratio of 2.07. This indicates that APH is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of APH (2.07) is comparable to the rest of the industry.
APH has a Quick Ratio of 1.52. This is a normal value and indicates that APH is financially healthy and should not expect problems in meeting its short term obligations.
APH has a Quick ratio (1.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 66.86% over the past year.
Measured over the past years, APH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.11% on average per year.
Looking at the last year, APH shows a very strong growth in Revenue. The Revenue has grown by 47.37%.
The Revenue has been growing by 13.10% on average over the past years. This is quite good.
EPS 1Y (TTM)66.86%
EPS 3Y15.08%
EPS 5Y15.11%
EPS Q2Q%86%
Revenue 1Y (TTM)47.37%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%53.37%
3.2 Future
APH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.70% yearly.
APH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.75% yearly.
EPS Next Y75.99%
EPS Next 2Y48.11%
EPS Next 3Y35.62%
EPS Next 5Y18.7%
Revenue Next Year52.05%
Revenue Next 2Y35.39%
Revenue Next 3Y26.63%
Revenue Next 5Y19.75%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 47.73 indicates a quite expensive valuation of APH.
Compared to the rest of the industry, the Price/Earnings ratio of APH is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.46, APH is valued quite expensively.
A Price/Forward Earnings ratio of 33.61 indicates a quite expensive valuation of APH.
APH's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.10. APH is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.73 | ||
| Fwd PE | 33.61 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APH.
Based on the Price/Free Cash Flow ratio, APH is valued a bit cheaper than 60.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.96 | ||
| EV/EBITDA | 28.81 |
4.3 Compensation for Growth
APH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
APH has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as APH's earnings are expected to grow with 35.62% in the coming years.
PEG (NY)0.63
PEG (5Y)3.16
EPS Next 2Y48.11%
EPS Next 3Y35.62%
5. Dividend
5.1 Amount
With a yearly dividend of 0.72%, APH is not a good candidate for dividend investing.
APH's Dividend Yield is rather good when compared to the industry average which is at 2.30. APH pays more dividend than 83.20% of the companies in the same industry.
With a Dividend Yield of 0.72, APH pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
5.2 History
The dividend of APH has a limited annual growth rate of 1.08%.
APH has paid a dividend for at least 10 years, which is a reliable track record.
APH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.08%
Div Incr Years13
Div Non Decr Years19
5.3 Sustainability
20.92% of the earnings are spent on dividend by APH. This is a low number and sustainable payout ratio.
The dividend of APH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP20.92%
EPS Next 2Y48.11%
EPS Next 3Y35.62%
139.36
-0.1 (-0.07%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.78%
Inst Owner Change2.76%
Ins Owners0.46%
Ins Owner Change-2.86%
Market Cap170.59B
Revenue(TTM)20.97B
Net Income(TTM)3.82B
Analysts77.6
Price Target149.19 (7.05%)
Short Float %0.82%
Short Ratio1.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
Yearly Dividend0.49
Dividend Growth(5Y)1.08%
DP20.92%
Div Incr Years13
Div Non Decr Years19
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.31%
Min EPS beat(2)15.68%
Max EPS beat(2)20.94%
EPS beat(4)4
Avg EPS beat(4)16.51%
Min EPS beat(4)8.61%
Max EPS beat(4)20.94%
EPS beat(8)8
Avg EPS beat(8)12.15%
EPS beat(12)12
Avg EPS beat(12)9.31%
EPS beat(16)16
Avg EPS beat(16)9.05%
Revenue beat(2)2
Avg Revenue beat(2)10.97%
Min Revenue beat(2)10.85%
Max Revenue beat(2)11.1%
Revenue beat(4)4
Avg Revenue beat(4)9.97%
Min Revenue beat(4)5.39%
Max Revenue beat(4)12.54%
Revenue beat(8)8
Avg Revenue beat(8)7.4%
Revenue beat(12)12
Avg Revenue beat(12)5.57%
Revenue beat(16)16
Avg Revenue beat(16)5.76%
PT rev (1m)2.75%
PT rev (3m)26.96%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)15.78%
EPS NY rev (1m)0.02%
EPS NY rev (3m)8.36%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)7.85%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)4.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.73 | ||
| Fwd PE | 33.61 | ||
| P/S | 8.13 | ||
| P/FCF | 47.96 | ||
| P/OCF | 37.91 | ||
| P/B | 13.62 | ||
| P/tB | 254.83 | ||
| EV/EBITDA | 28.81 |
EPS(TTM)2.92
EY2.1%
EPS(NY)4.15
Fwd EY2.98%
FCF(TTM)2.91
FCFY2.09%
OCF(TTM)3.68
OCFY2.64%
SpS17.13
BVpS10.23
TBVpS0.55
PEG (NY)0.63
PEG (5Y)3.16
Graham Number25.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 30.52% | ||
| ROCE | 24.79% | ||
| ROIC | 19.87% | ||
| ROICexc | 24.35% | ||
| ROICexgc | 77.58% | ||
| OM | 25.01% | ||
| PM (TTM) | 18.22% | ||
| GM | 36.31% | ||
| FCFM | 16.96% |
ROA(3y)11.79%
ROA(5y)11.2%
ROE(3y)24.99%
ROE(5y)24.51%
ROIC(3y)15.77%
ROIC(5y)14.96%
ROICexc(3y)18.42%
ROICexc(5y)17.42%
ROICexgc(3y)54.92%
ROICexgc(5y)51.26%
ROCE(3y)19.68%
ROCE(5y)18.66%
ROICexgc growth 3Y8.68%
ROICexgc growth 5Y1.66%
ROICexc growth 3Y5.97%
ROICexc growth 5Y2.17%
OM growth 3Y2.74%
OM growth 5Y1.65%
PM growth 3Y2.87%
PM growth 5Y2.55%
GM growth 3Y2.7%
GM growth 5Y1.27%
F-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 2.27 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 115.36% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 20.51 | ||
| Cash Conversion | 74.22% | ||
| Profit Quality | 93.09% | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 9.17 |
F-Score8
WACC8.84%
ROIC/WACC2.25
Cap/Depr(3y)101.88%
Cap/Depr(5y)97.32%
Cap/Sales(3y)3.46%
Cap/Sales(5y)3.38%
Profit Quality(3y)98.21%
Profit Quality(5y)95.61%
High Growth Momentum
Growth
EPS 1Y (TTM)66.86%
EPS 3Y15.08%
EPS 5Y15.11%
EPS Q2Q%86%
EPS Next Y75.99%
EPS Next 2Y48.11%
EPS Next 3Y35.62%
EPS Next 5Y18.7%
Revenue 1Y (TTM)47.37%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%53.37%
Revenue Next Year52.05%
Revenue Next 2Y35.39%
Revenue Next 3Y26.63%
Revenue Next 5Y19.75%
EBIT growth 1Y73.42%
EBIT growth 3Y14.93%
EBIT growth 5Y14.96%
EBIT Next Year121.89%
EBIT Next 3Y45.19%
EBIT Next 5Y21.56%
FCF growth 1Y75.15%
FCF growth 3Y22.14%
FCF growth 5Y12.23%
OCF growth 1Y88.09%
OCF growth 3Y22.26%
OCF growth 5Y13.38%
AMPHENOL CORP-CL A / APH FAQ
What is the fundamental rating for APH stock?
ChartMill assigns a fundamental rating of 7 / 10 to APH.
What is the valuation status of AMPHENOL CORP-CL A (APH) stock?
ChartMill assigns a valuation rating of 5 / 10 to AMPHENOL CORP-CL A (APH). This can be considered as Fairly Valued.
How profitable is AMPHENOL CORP-CL A (APH) stock?
AMPHENOL CORP-CL A (APH) has a profitability rating of 9 / 10.
Can you provide the expected EPS growth for APH stock?
The Earnings per Share (EPS) of AMPHENOL CORP-CL A (APH) is expected to grow by 75.99% in the next year.
Is the dividend of AMPHENOL CORP-CL A sustainable?
The dividend rating of AMPHENOL CORP-CL A (APH) is 6 / 10 and the dividend payout ratio is 20.92%.