AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
USA - NYSE:APH - US0320951017 - Common Stock
135.25 USD
-6.67 (-4.7%)
135.25 USD
0 (0%)
Taking everything into account, APH scores 7 out of 10 in our fundamental rating. APH was compared to 123 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 growing strongly while it is still valued neutral. This is a good combination! This makes APH very considerable for growth investing!
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.
Each year in the past 5 years APH has been profitable.
In the past 5 years APH always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.08%, APH belongs to the top of the industry, outperforming 91.87% of the companies in the same industry.
APH's Return On Equity of 30.52% is amongst the best of the industry. APH outperforms 91.87% 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 92.68% 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 9.58%.
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
Looking at the Profit Margin, with a value of 18.22%, APH belongs to the top of the industry, outperforming 95.94% of the companies in the same industry.
In the last couple of years the Profit Margin of APH has grown nicely.
APH has a Operating Margin of 25.01%. This is amongst the best in the industry. APH outperforms 99.19% of its industry peers.
APH's Operating Margin has improved in the last couple of years.
The Gross Margin of APH (36.31%) is comparable to the rest of the 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), APH is creating 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 a worse debt to assets ratio.
2.2 Solvency
APH has an Altman-Z score of 9.28. This indicates that APH is financially healthy and has little risk of bankruptcy at the moment.
APH has a better Altman-Z score (9.28) than 86.99% 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.
APH has a Debt to FCF ratio of 2.27. This is in the better half of the industry: APH outperforms 73.98% 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.
The Debt to Equity ratio of APH (0.57) is worse than 76.42% 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 | 9.28 |
ROIC/WACC2.19
WACC9.07%
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 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.
APH shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.11% yearly.
The Revenue has grown by 47.37% in the past year. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 18.70% on average over the next years. This is quite good.
APH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.42% yearly.
EPS Next Y75.95%
EPS Next 2Y46.66%
EPS Next 3Y35.21%
EPS Next 5Y18.7%
Revenue Next Year52.04%
Revenue Next 2Y34.19%
Revenue Next 3Y26.37%
Revenue Next 5Y14.42%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
APH is valuated quite expensively with a Price/Earnings ratio of 46.32.
The rest of the industry has a similar Price/Earnings ratio as APH.
The average S&P500 Price/Earnings ratio is at 26.34. APH is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 33.27, which means the current valuation is very expensive for APH.
The rest of the industry has a similar Price/Forward Earnings ratio as APH.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.43, APH is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.32 | ||
| Fwd PE | 33.27 |
4.2 Price Multiples
APH's Enterprise Value to EBITDA ratio is in line with the industry average.
APH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.43 | ||
| EV/EBITDA | 29.26 |
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 35.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)3.06
EPS Next 2Y46.66%
EPS Next 3Y35.21%
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 2.13. APH pays more dividend than 82.93% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, 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 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
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 2Y46.66%
EPS Next 3Y35.21%
135.25
-6.67 (-4.7%)
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-2.53%
Ins Owners0.46%
Ins Owner Change-2.94%
Market Cap165.13B
Revenue(TTM)20.97B
Net Income(TTM)3.82B
Analysts77.5
Price Target145.2 (7.36%)
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)18.85%
PT rev (3m)27.5%
EPS NQ rev (1m)15.18%
EPS NQ rev (3m)16.44%
EPS NY rev (1m)8.34%
EPS NY rev (3m)23.11%
Revenue NQ rev (1m)7.2%
Revenue NQ rev (3m)7.43%
Revenue NY rev (1m)4.89%
Revenue NY rev (3m)6.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.32 | ||
| Fwd PE | 33.27 | ||
| P/S | 7.87 | ||
| P/FCF | 46.43 | ||
| P/OCF | 36.7 | ||
| P/B | 13.19 | ||
| P/tB | 246.68 | ||
| EV/EBITDA | 29.26 |
EPS(TTM)2.92
EY2.16%
EPS(NY)4.06
Fwd EY3.01%
FCF(TTM)2.91
FCFY2.15%
OCF(TTM)3.69
OCFY2.72%
SpS17.18
BVpS10.25
TBVpS0.55
PEG (NY)0.61
PEG (5Y)3.06
Graham Number25.96
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 | 9.28 |
F-Score8
WACC9.07%
ROIC/WACC2.19
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 Y75.95%
EPS Next 2Y46.66%
EPS Next 3Y35.21%
EPS Next 5Y18.7%
Revenue 1Y (TTM)47.37%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%53.37%
Revenue Next Year52.04%
Revenue Next 2Y34.19%
Revenue Next 3Y26.37%
Revenue Next 5Y14.42%
EBIT growth 1Y73.42%
EBIT growth 3Y14.93%
EBIT growth 5Y14.96%
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 75.95% 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%.