Financials AMETEK, Inc.

Equities

AME

US0311001004

Electrical Components & Equipment

Market Closed - Nyse 04:00:02 2024-06-06 pm EDT 5-day change 1st Jan Change
168.7 USD +0.02% Intraday chart for AMETEK, Inc. +1.19% +2.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,800 27,824 34,014 32,087 38,056 39,037 - -
Enterprise Value (EV) 1 25,176 29,025 36,212 34,127 40,960 40,870 39,872 40,672
P/E ratio 26.6 x 32.1 x 34.6 x 27.9 x 29.1 x 28.2 x 25.4 x 22.7 x
Yield 0.56% 0.6% 0.54% 0.63% 0.61% 0.66% 0.68% 0.79%
Capitalization / Revenue 4.42 x 6.13 x 6.13 x 5.22 x 5.77 x 5.35 x 5.07 x 4.72 x
EV / Revenue 4.88 x 6.39 x 6.53 x 5.55 x 6.21 x 5.6 x 5.17 x 4.92 x
EV / EBITDA 17.8 x 21.9 x 22.6 x 18.7 x 20 x 18.2 x 16.5 x 15.4 x
EV / FCF 24.9 x 24.1 x 34.5 x 33.8 x 25.6 x 25.7 x 22.2 x 21.3 x
FCF Yield 4.02% 4.16% 2.9% 2.96% 3.9% 3.89% 4.51% 4.68%
Price to Book 4.47 x 4.66 x 4.96 x 4.3 x 4.36 x 3.9 x 3.45 x 3.07 x
Nbr of stocks (in thousands) 228,593 230,065 231,325 229,654 230,799 231,470 - -
Reference price 2 99.74 120.9 147.0 139.7 164.9 168.7 168.7 168.7
Announcement Date 2/5/20 2/4/21 2/3/22 2/2/23 2/6/24 - - -
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 7,298 7,707 8,273
EBITDA 1 1,411 1,327 1,601 1,820 2,045 2,248 2,423 2,648
EBIT 1 1,177 1,072 1,309 1,501 1,707 1,862 2,019 2,232
Operating Margin 22.82% 23.61% 23.59% 24.4% 25.88% 25.51% 26.2% 26.98%
Earnings before Tax (EBT) 1 1,070 1,082 1,223 1,429 1,606 1,719 1,905 2,107
Net income 1 861.3 872.4 990.1 1,160 1,313 1,385 1,537 1,696
Net margin 16.7% 19.22% 17.85% 18.85% 19.91% 18.98% 19.94% 20.5%
EPS 2 3.750 3.770 4.250 5.010 5.670 5.984 6.638 7.439
Free Cash Flow 1 1,012 1,207 1,050 1,010 1,599 1,591 1,798 1,905
FCF margin 19.62% 26.58% 18.93% 16.43% 24.24% 21.8% 23.33% 23.03%
FCF Conversion (EBITDA) 71.71% 90.94% 65.58% 55.51% 78.19% 70.78% 74.19% 71.94%
FCF Conversion (Net income) 117.51% 138.33% 106.03% 87.14% 121.77% 114.86% 116.96% 112.34%
Dividend per Share 2 0.5600 0.7200 0.8000 0.8800 1.000 1.112 1.143 1.338
Announcement Date 2/5/20 2/4/21 2/3/22 2/2/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 1,504 1,459 1,515 1,552 1,626 1,597 1,646 1,623 1,731 1,736 1,786 1,835 1,927 1,832 1,886
EBITDA 1 438.8 431.4 441.9 460.3 486.5 487.9 500.3 519.9 536.9 - 544.9 571.9 593.8 586.4 591.4
EBIT 1 361.2 353.2 364.8 384.5 398.1 405.5 418.8 438.1 445 417.2 448.8 474.3 494.8 484.9 490.2
Operating Margin 24.02% 24.22% 24.09% 24.78% 24.49% 25.39% 25.44% 27% 25.71% 24.03% 25.13% 25.84% 25.68% 26.47% 25.99%
Earnings before Tax (EBT) 1 339.3 336.2 346.5 367.5 378.5 379.6 396.4 413.5 416.9 381.3 414 441.4 462.5 458.8 465.9
Net income 1 281.7 272.4 282.4 297.6 307.1 305.7 324.2 340.4 342.9 310.9 333.2 354.5 371.7 371.2 377.1
Net margin 18.73% 18.68% 18.64% 19.18% 18.89% 19.14% 19.7% 20.97% 19.81% 17.91% 18.66% 19.32% 19.29% 20.27% 20%
EPS 2 1.210 1.180 1.220 1.290 1.330 1.330 1.400 1.470 1.480 1.340 1.438 1.525 1.605 1.593 1.620
Dividend per Share 2 0.2000 0.2200 0.2200 0.2200 0.2200 0.2500 0.2500 0.2500 0.2500 0.2800 0.2800 0.2800 0.2800 - -
Announcement Date 2/3/22 5/3/22 8/2/22 11/1/22 2/2/23 5/2/23 8/1/23 10/31/23 2/6/24 5/2/24 - - - - -
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 1,833 835 1,634
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.683 x 0.9049 x 1.373 x 1.121 x 1.42 x 0.8151 x 0.3445 x 0.6172 x
Free Cash Flow 1 1,012 1,207 1,050 1,010 1,599 1,591 1,798 1,905
ROE (net income / shareholders' equity) 18.4% 15.8% 15.4% 16.2% 16.2% 16% 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 43.30 48.90 55.00
Cash Flow per Share 2 4.860 5.580 4.980 4.960 7.500 7.330 7.920 9.230
Capex 1 102 74.1 111 139 136 158 163 179
Capex / Sales 1.98% 1.63% 2% 2.26% 2.07% 2.17% 2.11% 2.16%
Announcement Date 2/5/20 2/4/21 2/3/22 2/2/23 2/6/24 - - -
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
BUY
Number of Analysts
15
Last Close Price
168.7 USD
Average target price
191.9 USD
Spread / Average Target
+13.78%
Consensus
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  4. Financials AMETEK, Inc.