AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
USA - NYSE:APH - US0320951017 - Common Stock
139.34 USD
+0.23 (+0.17%)
140 USD
+0.66 (+0.47%)
We assign a fundamental rating of 7 out of 10 to APH. APH was compared to 124 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 growing strongly while it is still valued neutral. This is a good combination! 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.
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 has a Return On Assets of 14.08%. This is amongst the best in the industry. APH outperforms 91.94% of its industry peers.
With an excellent Return On Equity value of 30.52%, APH belongs to the best of the industry, outperforming 91.94% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 19.58%, APH belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
APH had an Average Return On Invested Capital over the past 3 years of 15.75%. This is significantly above the industry average of 9.38%.
The 3 year average ROIC (15.75%) for APH is below the current ROIC(19.58%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 30.52% | ||
| ROIC | 19.58% |
ROA(3y)11.79%
ROA(5y)11.2%
ROE(3y)24.99%
ROE(5y)24.51%
ROIC(3y)15.75%
ROIC(5y)14.94%
1.3 Margins
APH has a better Profit Margin (18.22%) than 95.97% of its industry peers.
In the last couple of years the Profit Margin of APH has grown nicely.
Looking at the Operating Margin, with a value of 24.64%, APH belongs to the top of the industry, outperforming 99.19% of the companies in the same industry.
In the last couple of years the Operating Margin of APH has grown nicely.
APH's Gross Margin of 35.94% is fine compared to the rest of the industry. APH outperforms 60.48% 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 | 24.64% | ||
| PM (TTM) | 18.22% | ||
| GM | 35.94% |
OM growth 3Y2.56%
OM growth 5Y1.53%
PM growth 3Y2.87%
PM growth 5Y2.55%
GM growth 3Y2.58%
GM growth 5Y1.2%
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.
Compared to 1 year ago, APH has more shares outstanding
APH has more shares outstanding than it did 5 years ago.
APH has a worse debt/assets ratio than last year.
2.2 Solvency
APH has an Altman-Z score of 9.14. This indicates that APH is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.14, APH belongs to the top of the industry, outperforming 83.87% of the companies in the same industry.
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 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.
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 74.19% 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 | 9.14 |
ROIC/WACC2.13
WACC9.17%
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.
APH has a Current ratio (2.07) which is comparable to the rest of the industry.
A Quick Ratio of 1.52 indicates that APH should not have too much problems paying its short term obligations.
APH has a Quick ratio (1.52) which is in line with its industry peers.
| 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.
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.
The Revenue has grown by 47.37% in the past year. This is a very strong growth!
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
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 14.42% on average per year.
EPS Next Y62.92%
EPS Next 2Y37.17%
EPS Next 3Y28.68%
EPS Next 5Y18.7%
Revenue Next Year45.12%
Revenue Next 2Y28.02%
Revenue Next 3Y21.41%
Revenue Next 5Y14.42%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 47.72, 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.
APH's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.11.
A Price/Forward Earnings ratio of 39.18 indicates a quite expensive valuation of APH.
The rest of the industry has a similar Price/Forward Earnings ratio as APH.
The average S&P500 Price/Forward Earnings ratio is at 22.55. APH is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.72 | ||
| Fwd PE | 39.18 |
4.2 Price Multiples
APH's Enterprise Value to EBITDA is on the same level as the industry average.
APH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APH is cheaper than 62.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.83 | ||
| EV/EBITDA | 29.11 |
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.
The excellent profitability rating of APH may justify a higher PE ratio.
APH's earnings are expected to grow with 28.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)3.16
EPS Next 2Y37.17%
EPS Next 3Y28.68%
5. Dividend
5.1 Amount
APH has a yearly dividend return of 0.72%, which is pretty low.
Compared to an average industry Dividend Yield of 2.06, APH pays a better dividend. On top of this APH pays more dividend than 83.06% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, APH's dividend is way lower than the S&P500 average.
| 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
APH pays out 20.92% of its income as dividend. This is a sustainable payout ratio.
The dividend of APH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP20.92%
EPS Next 2Y37.17%
EPS Next 3Y28.68%
139.34
+0.23 (+0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.83%
Inst Owner Change-0.16%
Ins Owners0.46%
Ins Owner Change-2.94%
Market Cap170.12B
Revenue(TTM)20.97B
Net Income(TTM)3.82B
Analysts76.52
Price Target145.2 (4.21%)
Short Float %0.71%
Short Ratio1.01
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)21.71%
PT rev (3m)46.63%
EPS NQ rev (1m)13.62%
EPS NQ rev (3m)14.87%
EPS NY rev (1m)0.31%
EPS NY rev (3m)13.99%
Revenue NQ rev (1m)5.65%
Revenue NQ rev (3m)5.87%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.72 | ||
| Fwd PE | 39.18 | ||
| P/S | 8.11 | ||
| P/FCF | 47.83 | ||
| P/OCF | 37.81 | ||
| P/B | 13.59 | ||
| P/tB | 254.14 | ||
| EV/EBITDA | 29.11 |
EPS(TTM)2.92
EY2.1%
EPS(NY)3.56
Fwd EY2.55%
FCF(TTM)2.91
FCFY2.09%
OCF(TTM)3.69
OCFY2.64%
SpS17.18
BVpS10.25
TBVpS0.55
PEG (NY)0.76
PEG (5Y)3.16
Graham Number25.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.08% | ||
| ROE | 30.52% | ||
| ROCE | 24.42% | ||
| ROIC | 19.58% | ||
| ROICexc | 23.98% | ||
| ROICexgc | 76.42% | ||
| OM | 24.64% | ||
| PM (TTM) | 18.22% | ||
| GM | 35.94% | ||
| FCFM | 16.96% |
ROA(3y)11.79%
ROA(5y)11.2%
ROE(3y)24.99%
ROE(5y)24.51%
ROIC(3y)15.75%
ROIC(5y)14.94%
ROICexc(3y)18.39%
ROICexc(5y)17.4%
ROICexgc(3y)54.81%
ROICexgc(5y)51.2%
ROCE(3y)19.64%
ROCE(5y)18.64%
ROICexgc growth 3Y8.48%
ROICexgc growth 5Y1.55%
ROICexc growth 3Y5.77%
ROICexc growth 5Y2.06%
OM growth 3Y2.56%
OM growth 5Y1.53%
PM growth 3Y2.87%
PM growth 5Y2.55%
GM growth 3Y2.58%
GM growth 5Y1.2%
F-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 2.27 | ||
| Debt/EBITDA | 1.19 | ||
| Cap/Depr | 115.36% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 20.21 | ||
| Cash Conversion | 75.18% | ||
| Profit Quality | 93.09% | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 9.14 |
F-Score8
WACC9.17%
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 Y62.92%
EPS Next 2Y37.17%
EPS Next 3Y28.68%
EPS Next 5Y18.7%
Revenue 1Y (TTM)47.37%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%53.37%
Revenue Next Year45.12%
Revenue Next 2Y28.02%
Revenue Next 3Y21.41%
Revenue Next 5Y14.42%
EBIT growth 1Y70.85%
EBIT growth 3Y14.72%
EBIT growth 5Y14.84%
EBIT Next Year105.18%
EBIT Next 3Y35.71%
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 4 / 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 62.92% 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%.