AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APH - US0320951017 - Common Stock
138.91 USD
-2.47 (-1.75%)
138.79 USD
-0.12 (-0.09%)
Overall APH gets a fundamental rating of 7 out of 10. We evaluated APH against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While APH has a great profitability rating, there are some minor concerns on its financial health. APH is not overvalued while it is showing excellent growth. This is an interesting 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.
APH had a positive operating cash flow in the past year.
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 93.55% of its industry peers.
The Return On Equity of APH (30.52%) is better than 92.74% of its industry peers.
With an excellent Return On Invested Capital value of 19.87%, APH belongs to the best of the industry, outperforming 94.35% 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 9.00%.
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 Profit Margin of 18.22%. This is amongst the best in the industry. APH outperforms 95.97% of its industry peers.
APH's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 25.01%, APH belongs to the best of the industry, outperforming 99.19% of the companies in the same industry.
APH's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 36.31%, APH perfoms like the industry average, outperforming 59.68% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APH 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 9.27. This indicates that APH is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of APH (9.27) is better than 85.48% of its industry peers.
APH has a debt to FCF ratio of 2.27. This is a good value and a sign of high solvency as APH would need 2.27 years to pay back of all of its debts.
The Debt to FCF ratio of APH (2.27) is better than 74.19% of its industry peers.
APH has a Debt/Equity ratio of 0.57. This is a neutral value indicating APH is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.57, APH is not doing good in the industry: 76.61% 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 | 0.57 | ||
| Debt/FCF | 2.27 | ||
| Altman-Z | 9.27 |
ROIC/WACC2.13
WACC9.32%
2.3 Liquidity
A Current Ratio of 2.07 indicates that APH has no problem at all paying its short term obligations.
The Current ratio of APH (2.07) 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.
The Earnings Per Share has been growing by 15.11% on average over the past years. This is quite good.
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
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 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
With a Price/Earnings ratio of 47.57, APH can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as APH.
APH is valuated expensively when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 33.44, the valuation of APH can be described as expensive.
APH's Price/Forward Earnings ratio is in line with the industry average.
APH's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.57 | ||
| Fwd PE | 33.44 |
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.
APH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APH is cheaper than 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.8 | ||
| EV/EBITDA | 29.22 |
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.
APH's earnings are expected to grow with 35.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)3.15
EPS Next 2Y48.24%
EPS Next 3Y35.37%
5. Dividend
5.1 Amount
APH has a yearly dividend return of 0.74%, which is pretty low.
Compared to an average industry Dividend Yield of 0.47, APH pays a better dividend. On top of this APH pays more dividend than 83.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, APH's dividend is way lower than the S&P500 average.
| 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 been paying a dividend for at least 10 years, so it has 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.
APH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP20.92%
EPS Next 2Y48.24%
EPS Next 3Y35.37%
138.91
-2.47 (-1.75%)
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 Cap170.03B
Revenue(TTM)20.97B
Net Income(TTM)3.82B
Analysts77.6
Price Target151.39 (8.98%)
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 | 47.57 | ||
| Fwd PE | 33.44 | ||
| P/S | 8.11 | ||
| P/FCF | 47.8 | ||
| P/OCF | 37.79 | ||
| P/B | 13.58 | ||
| P/tB | 254.01 | ||
| EV/EBITDA | 29.22 |
EPS(TTM)2.92
EY2.1%
EPS(NY)4.15
Fwd EY2.99%
FCF(TTM)2.91
FCFY2.09%
OCF(TTM)3.68
OCFY2.65%
SpS17.13
BVpS10.23
TBVpS0.55
PEG (NY)0.62
PEG (5Y)3.15
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 | 9.27 |
F-Score8
WACC9.32%
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%.