AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APH - US0320951017 - Common Stock
140.16 USD
+3.91 (+2.87%)
140.06 USD
-0.1 (-0.07%)
APH gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While APH belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. APH is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make APH suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year APH was profitable.
APH had a positive operating cash flow in the past year.
APH had positive earnings in each of the past 5 years.
APH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APH's Return On Assets of 14.08% is amongst the best of the industry. APH outperforms 93.55% of its industry peers.
With an excellent Return On Equity value of 30.52%, APH belongs to the best of the industry, outperforming 92.74% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 19.87%, APH belongs to the top of the industry, outperforming 94.35% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for APH is significantly above the industry average of 9.00%.
The 3 year average ROIC (15.77%) for APH is below the current ROIC(19.87%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 18.22%, APH belongs to the top of the industry, outperforming 95.97% of the companies in the same industry.
APH's Profit Margin has improved in the last couple of years.
The Operating Margin of APH (25.01%) is better than 99.19% of its industry peers.
APH's Operating Margin has improved in the last couple of years.
APH has a Gross Margin of 36.31%. This is comparable to the rest of the industry: APH outperforms 59.68% of its industry peers.
APH's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for APH has been increased compared to 1 year ago.
The number of shares outstanding for APH has been increased compared to 5 years ago.
Compared to 1 year ago, APH has a worse debt to assets ratio.
2.2 Solvency
APH has an Altman-Z score of 9.01. This indicates that APH is financially healthy and has little risk of bankruptcy at the moment.
APH has a better Altman-Z score (9.01) than 84.68% 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.
With a decent Debt to FCF ratio value of 2.27, APH is doing good in the industry, outperforming 74.19% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that APH is somewhat dependend on debt financing.
The Debt to Equity ratio of APH (0.57) is worse than 76.61% 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 | 9.01 |
ROIC/WACC2.13
WACC9.33%
2.3 Liquidity
A Current Ratio of 2.07 indicates that APH has no problem at all paying its short term obligations.
APH has a Current ratio of 2.07. This is comparable to the rest of the industry: APH outperforms 40.32% of its industry peers.
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.
Looking at the Quick ratio, with a value of 1.52, APH is in line with its industry, outperforming 43.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
APH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 66.86%, which is quite impressive.
APH shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.11% yearly.
Looking at the last year, APH shows a very strong growth in Revenue. The Revenue has grown by 47.37%.
APH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.10% yearly.
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
Based on estimates for the next years, APH will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.70% on average per year.
Based on estimates for the next years, APH will show a quite strong growth in Revenue. The Revenue will grow by 19.75% on average per year.
EPS Next Y76.66%
EPS Next 2Y48.24%
EPS Next 3Y35.37%
EPS Next 5Y18.7%
Revenue Next Year52.54%
Revenue Next 2Y35.43%
Revenue Next 3Y26.29%
Revenue Next 5Y19.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 48.00 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 27.19, APH is valued quite expensively.
Based on the Price/Forward Earnings ratio of 33.75, the valuation of APH can be described as expensive.
APH's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, APH is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48 | ||
| Fwd PE | 33.75 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APH.
APH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APH is cheaper than 62.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.23 | ||
| EV/EBITDA | 28.18 |
4.3 Compensation for Growth
The 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 35.37% in the coming years.
PEG (NY)0.63
PEG (5Y)3.18
EPS Next 2Y48.24%
EPS Next 3Y35.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.74%, 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 0.47. APH pays more dividend than 83.87% of the companies in the same industry.
With a Dividend Yield of 0.74, APH pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
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 their dividend for at least 10 years, which is a reliable track record.
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 2Y48.24%
EPS Next 3Y35.37%
140.16
+3.91 (+2.87%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.89%
Inst Owner Change0%
Ins Owners0.44%
Ins Owner Change-13.01%
Market Cap171.56B
Revenue(TTM)20.97B
Net Income(TTM)3.82B
Analysts77.6
Price Target151.39 (8.01%)
Short Float %0.96%
Short Ratio1.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
Yearly Dividend0.49
Dividend Growth(5Y)1.08%
DP20.92%
Div Incr Years13
Div Non Decr Years19
Ex-DateN/A
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)1.57%
PT rev (3m)23.92%
EPS NQ rev (1m)0.94%
EPS NQ rev (3m)16.49%
EPS NY rev (1m)0.38%
EPS NY rev (3m)8.78%
Revenue NQ rev (1m)0.79%
Revenue NQ rev (3m)8.48%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)5.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48 | ||
| Fwd PE | 33.75 | ||
| P/S | 8.18 | ||
| P/FCF | 48.23 | ||
| P/OCF | 38.13 | ||
| P/B | 13.7 | ||
| P/tB | 256.3 | ||
| EV/EBITDA | 28.18 |
EPS(TTM)2.92
EY2.08%
EPS(NY)4.15
Fwd EY2.96%
FCF(TTM)2.91
FCFY2.07%
OCF(TTM)3.68
OCFY2.62%
SpS17.13
BVpS10.23
TBVpS0.55
PEG (NY)0.63
PEG (5Y)3.18
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 | 9.01 |
F-Score8
WACC9.33%
ROIC/WACC2.13
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 Y76.66%
EPS Next 2Y48.24%
EPS Next 3Y35.37%
EPS Next 5Y18.7%
Revenue 1Y (TTM)47.37%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%53.37%
Revenue Next Year52.54%
Revenue Next 2Y35.43%
Revenue Next 3Y26.29%
Revenue Next 5Y19.75%
EBIT growth 1Y73.42%
EBIT growth 3Y14.93%
EBIT growth 5Y14.96%
EBIT Next Year122.02%
EBIT Next 3Y44.78%
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 for 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.
How financially healthy is AMPHENOL CORP-CL A?
The financial health rating of AMPHENOL CORP-CL A (APH) is 6 / 10.
How sustainable is the dividend of AMPHENOL CORP-CL A (APH) stock?
The dividend rating of AMPHENOL CORP-CL A (APH) is 6 / 10 and the dividend payout ratio is 20.92%.