Ametek Inc
AME
Market Cap$41.73B
Close$
Earnings Call Q4 2023
February 6, 2024 - AI Summary
AMETEK reported exceptional performance in the fourth quarter of 2023, with record sales, operating income, earnings per share, EBITDA, and cash flow.
The company's Electronic Instruments Group (EIG) had a strong quarter, with record sales and impressive margin expansion. Aerospace & Defense businesses and Materials Analysis division drove growth in EIG.
The Electromechanical Group (EMG) also performed well despite inventory normalization across OEM customers. Sales were up 6% in the quarter, driven by recent acquisitions.
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$110.98
38.2% downside
Current Fair Value
38.2% downsideOvervalued by 38.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $41.73 Billion |
|---|---|
| Enterprise Value | $44.64 Billion |
| Dividend Yield | $1.0276 (0.57%) |
| Earnings per Share | $5.67 |
| Beta | 0.86 |
| Outstanding Shares | 231,211,497 |
| Avg 30 Day Volume | 872,469 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 31.78 |
|---|---|
| PEG | 272.73 |
| Price to Sales | 6.42 |
| Price to Book Ratio | 4.86 |
| Enterprise Value to Revenue | 6.77 |
| Enterprise Value to EBIT | 26.14 |
| Enterprise Value to Net Income | 33 |
| Total Debt to Enterprise | 0.07 |
| Debt to Equity | 0.38 |
Revenue Sources
No data
ESG Score
No data
About Ametek Inc
18,000 employees
CEO: David Zapico AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2019 sales of approximately $5.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, New Pr...