AMPHENOL CORP-CL A (APH) Stock Fundamental Analysis
NYSE:APH - New York Stock Exchange, Inc. - US0320951017 - Common Stock - Currency: USD
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 has a great profitability rating, there are some minor concerns on its financial health. APH is growing strongly while it is still valued neutral. This is a good combination! These ratings would make APH suitable for growth investing!
1. Profitability
1.1 Basic Checks
APH had positive earnings in the past year.
In the past year APH had a positive cash flow from operations.
Each year in the past 5 years APH has been profitable.
Each year in the past 5 years APH had a positive operating cash flow.
1.2 Ratios
The Return On Assets of APH (12.39%) is better than 91.13% of its industry peers.
With an excellent Return On Equity value of 27.60%, APH belongs to the best of the industry, outperforming 91.13% of the companies in the same industry.
With an excellent Return On Invested Capital value of 17.30%, APH belongs to the best of the industry, outperforming 92.74% 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 9.54%.
The 3 year average ROIC (15.75%) for APH is below the current ROIC(17.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.39% | ||
| ROE | 27.6% | ||
| ROIC | 17.3% |
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's Profit Margin of 16.90% is amongst the best of the industry. APH outperforms 94.35% of its industry peers.
In the last couple of years the Profit Margin of APH has grown nicely.
The Operating Margin of APH (23.01%) 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 (34.73%) which 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 | 23.01% | ||
| PM (TTM) | 16.9% | ||
| GM | 34.73% |
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
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.
Compared to 5 years ago, APH has more shares outstanding
The debt/assets ratio for APH is higher compared to a year ago.
2.2 Solvency
APH has an Altman-Z score of 7.62. This indicates that APH is financially healthy and has little risk of bankruptcy at the moment.
APH has a better Altman-Z score (7.62) than 84.68% of its industry peers.
The Debt to FCF ratio of APH is 2.86, which is a good value as it means it would take APH, 2.86 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.86, APH is in the better half of the industry, outperforming 69.35% of the companies in the same industry.
A Debt/Equity ratio of 0.62 indicates that APH is somewhat dependend on debt financing.
APH has a Debt to Equity ratio of 0.62. This is amonst the worse of the industry: APH underperforms 80.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 2.86 | ||
| Altman-Z | 7.62 |
ROIC/WACC1.86
WACC9.29%
2.3 Liquidity
A Current Ratio of 2.02 indicates that APH has no problem at all paying its short term obligations.
The Current ratio of APH (2.02) is worse than 61.29% of its industry peers.
APH has a Quick Ratio of 1.46. This is a normal value and indicates that APH is financially healthy and should not expect problems in meeting its short term obligations.
APH has a Quick ratio of 1.46. This is in the lower half of the industry: APH underperforms 60.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.83% 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.
Looking at the last year, APH shows a very strong growth in Revenue. The Revenue has grown by 40.51%.
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)51.83%
EPS 3Y15.08%
EPS 5Y15.11%
EPS Q2Q%84.09%
Revenue 1Y (TTM)40.51%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%56.53%
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 15.40% yearly.
The Revenue is expected to grow by 12.93% on average over the next years. This is quite good.
EPS Next Y42.92%
EPS Next 2Y25.82%
EPS Next 3Y19.98%
EPS Next 5Y15.4%
Revenue Next Year42.78%
Revenue Next 2Y25.21%
Revenue Next 3Y18.87%
Revenue Next 5Y12.93%
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 stable.
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
A Price/Earnings ratio of 43.78 indicates a quite expensive valuation of APH.
The rest of the industry has a similar Price/Earnings ratio as APH.
When comparing the Price/Earnings ratio of APH to the average of the S&P500 Index (27.24), we can say APH is valued expensively.
Based on the Price/Forward Earnings ratio of 36.43, the valuation of APH can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as APH.
The average S&P500 Price/Forward Earnings ratio is at 36.42. APH is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.78 | ||
| Fwd PE | 36.43 |
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.
Based on the Price/Free Cash Flow ratio, APH is valued a bit cheaper than the industry average as 60.48% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.24 | ||
| EV/EBITDA | 26.84 |
4.3 Compensation for Growth
APH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 19.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.02
PEG (5Y)2.9
EPS Next 2Y25.82%
EPS Next 3Y19.98%
5. Dividend
5.1 Amount
APH has a yearly dividend return of 0.62%, which is pretty low.
Compared to an average industry Dividend Yield of 1.79, 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 2.40, APH's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
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 22.97% 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.
DP22.97%
EPS Next 2Y25.82%
EPS Next 3Y19.98%
NYSE:APH (8/5/2025, 9:40:05 AM)
109
+0.37 (+0.34%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.21%
Inst Owner Change-0.35%
Ins Owners0.47%
Ins Owner Change2.91%
Market Cap133.08B
Analysts77.27
Price Target99.02 (-9.16%)
Short Float %1.06%
Short Ratio1.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
Yearly Dividend0.49
Dividend Growth(5Y)1.08%
DP22.97%
Div Incr Years13
Div Non Decr Years19
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.87%
Min EPS beat(2)20.81%
Max EPS beat(2)20.94%
EPS beat(4)4
Avg EPS beat(4)15.08%
Min EPS beat(4)8.61%
Max EPS beat(4)20.94%
EPS beat(8)8
Avg EPS beat(8)10.78%
EPS beat(12)12
Avg EPS beat(12)8.48%
EPS beat(16)16
Avg EPS beat(16)8.23%
Revenue beat(2)2
Avg Revenue beat(2)11.82%
Min Revenue beat(2)11.1%
Max Revenue beat(2)12.54%
Revenue beat(4)4
Avg Revenue beat(4)8.54%
Min Revenue beat(4)5.12%
Max Revenue beat(4)12.54%
Revenue beat(8)8
Avg Revenue beat(8)6.32%
Revenue beat(12)12
Avg Revenue beat(12)5.07%
Revenue beat(16)16
Avg Revenue beat(16)5.26%
PT rev (1m)3.7%
PT rev (3m)22.85%
EPS NQ rev (1m)16.04%
EPS NQ rev (3m)31.43%
EPS NY rev (1m)0.36%
EPS NY rev (3m)16.65%
Revenue NQ rev (1m)6.71%
Revenue NQ rev (3m)16.95%
Revenue NY rev (1m)5.55%
Revenue NY rev (3m)14.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.78 | ||
| Fwd PE | 36.43 | ||
| P/S | 7.07 | ||
| P/FCF | 47.24 | ||
| P/OCF | 35.65 | ||
| P/B | 11.55 | ||
| P/tB | N/A | ||
| EV/EBITDA | 26.84 |
EPS(TTM)2.49
EY2.28%
EPS(NY)2.99
Fwd EY2.74%
FCF(TTM)2.31
FCFY2.12%
OCF(TTM)3.06
OCFY2.8%
SpS15.41
BVpS9.43
TBVpS-0.1
PEG (NY)1.02
PEG (5Y)2.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.39% | ||
| ROE | 27.6% | ||
| ROCE | 21.58% | ||
| ROIC | 17.3% | ||
| ROICexc | 20.61% | ||
| ROICexgc | 66.79% | ||
| OM | 23.01% | ||
| PM (TTM) | 16.9% | ||
| GM | 34.73% | ||
| FCFM | 14.97% |
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%
ROICexcg growth 3Y8.48%
ROICexcg 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-Score7
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 2.86 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 115.77% | ||
| Cap/Sales | 4.87% | ||
| Interest Coverage | 17.49 | ||
| Cash Conversion | 72.89% | ||
| Profit Quality | 88.6% | ||
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 7.62 |
F-Score7
WACC9.29%
ROIC/WACC1.86
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)51.83%
EPS 3Y15.08%
EPS 5Y15.11%
EPS Q2Q%84.09%
EPS Next Y42.92%
EPS Next 2Y25.82%
EPS Next 3Y19.98%
EPS Next 5Y15.4%
Revenue 1Y (TTM)40.51%
Revenue growth 3Y11.86%
Revenue growth 5Y13.1%
Sales Q2Q%56.53%
Revenue Next Year42.78%
Revenue Next 2Y25.21%
Revenue Next 3Y18.87%
Revenue Next 5Y12.93%
EBIT growth 1Y53.19%
EBIT growth 3Y14.72%
EBIT growth 5Y14.84%
EBIT Next Year84.31%
EBIT Next 3Y28.42%
EBIT Next 5Y18.35%
FCF growth 1Y45.04%
FCF growth 3Y22.14%
FCF growth 5Y12.23%
OCF growth 1Y58.84%
OCF growth 3Y22.26%
OCF growth 5Y13.38%