Financials AMETEK, Inc.

Equities

AME

US0311001004

Electrical Components & Equipment

Market Closed - Nyse 01:30:02 27/04/2024 am IST 5-day change 1st Jan Change
177.5 USD -0.24% Intraday chart for AMETEK, Inc. -0.11% +7.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,800 27,824 34,014 32,087 38,056 41,042 - -
Enterprise Value (EV) 1 25,176 29,025 36,212 34,127 40,960 42,904 42,207 40,957
P/E ratio 26.6 x 32.1 x 34.6 x 27.9 x 29.1 x 29.5 x 26.6 x 24.1 x
Yield 0.56% 0.6% 0.54% 0.63% 0.61% 0.6% 0.63% 0.75%
Capitalization / Revenue 4.42 x 6.13 x 6.13 x 5.22 x 5.77 x 5.54 x 5.25 x 4.91 x
EV / Revenue 4.88 x 6.39 x 6.53 x 5.55 x 6.21 x 5.79 x 5.4 x 4.9 x
EV / EBITDA 17.8 x 21.9 x 22.6 x 18.7 x 20 x 19.1 x 17.4 x 15.6 x
EV / FCF 24.9 x 24.1 x 34.5 x 33.8 x 25.6 x 26.8 x 23.2 x 20.8 x
FCF Yield 4.02% 4.16% 2.9% 2.96% 3.9% 3.73% 4.3% 4.8%
Price to Book 4.47 x 4.66 x 4.96 x 4.3 x 4.36 x 4.09 x 3.62 x 3.22 x
Nbr of stocks (in thousands) 2,28,593 2,30,065 2,31,325 2,29,654 2,30,799 2,31,211 - -
Reference price 2 99.74 120.9 147.0 139.7 164.9 177.5 177.5 177.5
Announcement Date 05/02/20 04/02/21 03/02/22 02/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,159 4,540 5,547 6,151 6,597 7,404 7,820 8,363
EBITDA 1 1,411 1,327 1,601 1,820 2,045 2,251 2,426 2,617
EBIT 1 1,177 1,072 1,309 1,501 1,707 1,871 2,021 2,201
Operating Margin 22.82% 23.61% 23.59% 24.4% 25.88% 25.26% 25.85% 26.32%
Earnings before Tax (EBT) 1 1,070 1,082 1,223 1,429 1,606 1,728 1,911 2,087
Net income 1 861.3 872.4 990.1 1,160 1,313 1,392 1,541 1,683
Net margin 16.7% 19.22% 17.85% 18.85% 19.91% 18.8% 19.71% 20.12%
EPS 2 3.750 3.770 4.250 5.010 5.670 6.012 6.666 7.375
Free Cash Flow 1 1,012 1,207 1,050 1,010 1,599 1,598 1,816 1,965
FCF margin 19.62% 26.58% 18.93% 16.43% 24.24% 21.58% 23.22% 23.5%
FCF Conversion (EBITDA) 71.71% 90.94% 65.58% 55.51% 78.19% 71% 74.84% 75.07%
FCF Conversion (Net income) 117.51% 138.33% 106.03% 87.14% 121.77% 114.8% 117.81% 116.78%
Dividend per Share 2 0.5600 0.7200 0.8000 0.8800 1.000 1.070 1.124 1.336
Announcement Date 05/02/20 04/02/21 03/02/22 02/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,441 1,504 1,459 1,515 1,552 1,626 1,597 1,646 1,623 1,731 1,779 1,845 1,847 1,922 1,875
EBITDA 1 412.2 438.8 431.4 441.9 460.3 486.5 487.9 500.3 519.9 536.9 530.6 547.7 573.3 589.9 577.3
EBIT 1 337.6 361.2 353.2 364.8 384.5 398.1 405.5 418.8 438.1 445 436.6 454.8 478.7 495.6 476.7
Operating Margin 23.43% 24.02% 24.22% 24.09% 24.78% 24.49% 25.39% 25.44% 27% 25.71% 24.54% 24.65% 25.92% 25.78% 25.43%
Earnings before Tax (EBT) 1 319.7 339.3 336.2 346.5 367.5 378.5 379.6 396.4 413.5 416.9 397.2 417 445.7 466.1 453.5
Net income 1 257.5 281.7 272.4 282.4 297.6 307.1 305.7 324.2 340.4 342.9 320.1 336.7 358.5 371.5 367.3
Net margin 17.87% 18.73% 18.68% 18.64% 19.18% 18.89% 19.14% 19.7% 20.97% 19.81% 17.99% 18.25% 19.41% 19.32% 19.59%
EPS 2 1.100 1.210 1.180 1.220 1.290 1.330 1.330 1.400 1.470 1.480 1.382 1.454 1.547 1.601 1.580
Dividend per Share 2 0.2000 0.2000 0.2200 0.2200 0.2200 0.2200 0.2500 0.2500 0.2500 0.2500 0.2700 0.2700 0.2700 0.2600 -
Announcement Date 02/11/21 03/02/22 03/05/22 02/08/22 01/11/22 02/02/23 02/05/23 01/08/23 31/10/23 06/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,376 1,201 2,197 2,040 2,904 1,862 1,165 -
Net Cash position 1 - - - - - - - 85.2
Leverage (Debt/EBITDA) 1.683 x 0.9049 x 1.373 x 1.121 x 1.42 x 0.827 x 0.4801 x -
Free Cash Flow 1 1,012 1,207 1,050 1,010 1,599 1,598 1,816 1,965
ROE (net income / shareholders' equity) 18.4% 15.8% 15.4% 16.2% 16.2% 15.9% 15.2% 14.6%
ROA (Net income/ Total Assets) 9.31% 8.64% 8.9% 9.53% - - - -
Assets 1 9,253 10,098 11,128 12,165 - - - -
Book Value Per Share 2 22.30 25.90 29.70 32.50 37.80 43.40 49.00 55.10
Cash Flow per Share 2 4.860 5.580 4.980 4.960 7.500 6.780 7.000 -
Capex 1 102 74.1 111 139 136 157 164 179
Capex / Sales 1.98% 1.63% 2% 2.26% 2.07% 2.12% 2.09% 2.14%
Announcement Date 05/02/20 04/02/21 03/02/22 02/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
177.5 USD
Average target price
192.3 USD
Spread / Average Target
+8.33%
Consensus
  1. Stock Market
  2. Equities
  3. AME Stock
  4. Financials AMETEK, Inc.