AMPHENOL CORP-CL A (APH)
US0320951017 - Common Stock
Overall APH gets a fundamental rating of 6 out of 10. We evaluated APH against 127 industry peers in the Electronic Equipment, Instruments & Components industry. APH has an excellent profitability rating, but there are some minor concerns on its financial health. APH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
APH had positive earnings in the past year.
APH had a positive operating cash flow in the past year.
APH had positive earnings in each of the past 5 years.
Each year in the past 5 years APH had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 11.67%, APH belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
APH's Return On Equity of 23.10% is amongst the best of the industry. APH outperforms 94.44% of its industry peers.
APH's Return On Invested Capital of 15.22% is amongst the best of the industry. APH outperforms 92.06% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APH is significantly above the industry average of 9.42%.
The 3 year average ROIC (15.12%) for APH is below the current ROIC(15.22%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.67% | ||
| ROE | 23.1% | ||
| ROIC | 15.22% |
ROA(3y)11.64%
ROA(5y)11.07%
ROE(3y)25.15%
ROE(5y)24.66%
ROIC(3y)15.12%
ROIC(5y)14.63%
1.3 Margins
With an excellent Profit Margin value of 15.36%, APH belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
APH's Profit Margin has been stable in the last couple of years.
APH has a Operating Margin of 20.66%. This is amongst the best in the industry. APH outperforms 98.41% of its industry peers.
APH's Operating Margin has been stable in the last couple of years.
APH has a Gross Margin (32.53%) which is in line with 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 | 20.66% | ||
| PM (TTM) | 15.36% | ||
| GM | 32.53% |
OM growth 3Y2.5%
OM growth 5Y-0.01%
PM growth 3Y3.16%
PM growth 5Y0.89%
GM growth 3Y1.64%
GM growth 5Y0.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), APH is creating some value.
APH has more shares outstanding than it did 1 year ago.
APH has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, APH has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.93 indicates that APH is not in any danger for bankruptcy at the moment.
APH's Altman-Z score of 6.93 is amongst the best of the industry. APH outperforms 85.71% of its industry peers.
The Debt to FCF ratio of APH is 2.01, which is a good value as it means it would take APH, 2.01 years of fcf income to pay off all of its debts.
APH has a better Debt to FCF ratio (2.01) than 73.02% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that APH is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.48, APH is not doing good in the industry: 70.63% of the companies in the same industry are doing better.
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 | 0.48 | ||
| Debt/FCF | 2.01 | ||
| Altman-Z | 6.93 |
ROIC/WACC1.68
WACC9.06%
2.3 Liquidity
A Current Ratio of 2.17 indicates that APH has no problem at all paying its short term obligations.
APH's Current ratio of 2.17 is in line compared to the rest of the industry. APH outperforms 43.65% of its industry peers.
A Quick Ratio of 1.48 indicates that APH should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.48, APH is in line with its industry, outperforming 44.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.33% 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 9.81% on average per year.
Looking at the last year, APH shows a decrease in Revenue. The Revenue has decreased by -0.54% in the last year.
The Revenue has been growing by 8.89% on average over the past years. This is quite good.
EPS 1Y (TTM)0.33%
EPS 3Y17.19%
EPS 5Y9.81%
EPS growth Q2Q5.13%
Revenue 1Y (TTM)-0.54%
Revenue growth 3Y13.45%
Revenue growth 5Y8.89%
Revenue growth Q2Q2.73%
3.2 Future
The Earnings Per Share is expected to grow by 6.54% on average over the next years.
Based on estimates for the next years, APH will show a small growth in Revenue. The Revenue will grow by 5.34% on average per year.
EPS Next Y10.72%
EPS Next 2Y11.23%
EPS Next 3Y10.93%
EPS Next 5Y6.54%
Revenue Next Year8.9%
Revenue Next 2Y8.92%
Revenue Next 3Y8.14%
Revenue Next 5Y5.34%
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
The Price/Earnings ratio is 36.48, which means the current valuation is very expensive for APH.
Compared to the rest of the industry, the Price/Earnings ratio of APH is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 24.80. APH is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 32.95, which means the current valuation is very expensive for APH.
APH's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, APH is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.48 | ||
| Fwd PE | 32.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APH is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APH indicates a somewhat cheap valuation: APH is cheaper than 62.70% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.55 | ||
| EV/EBITDA | 23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates APH does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of APH may justify a higher PE ratio.
PEG (NY)3.4
PEG (5Y)3.72
EPS Next 2Y11.23%
EPS Next 3Y10.93%
5. Dividend
5.1 Amount
With a yearly dividend of 0.76%, 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 1.76. APH pays more dividend than 86.51% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, APH's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
The dividend of APH is nicely growing with an annual growth rate of 14.83%!
APH has been paying a dividend for at least 10 years, so it has a reliable track record.
APH has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)14.83%
Div Incr Years12
Div Non Decr Years15
5.3 Sustainability
APH pays out 25.96% of its income as dividend. This is a sustainable payout ratio.
APH's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP25.96%
EPS Next 2Y11.23%
EPS Next 3Y10.93%
AMPHENOL CORP-CL A
NYSE:APH (4/19/2024, 1:53:07 PM)
109.8
-1.08 (-0.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap65.86B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.48 | ||
| Fwd PE | 32.95 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.4
PEG (5Y)3.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.67% | ||
| ROE | 23.1% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 20.66% | ||
| PM (TTM) | 15.36% | ||
| GM | 32.53% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)0.33%
EPS 3Y17.19%
EPS 5Y
EPS growth Q2Q
EPS Next Y10.72%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.54%
Revenue growth 3Y13.45%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y