Amtek Story

AME -- USA Stock

USD 120.30 2.71 2.20%

Macroaxis Story

AMETEK Long Term Debt to Equity is projected to increase slightly based on the last few years of reporting. The past year's Long Term Debt to Equity was at 0.51. The current year Calculated Tax Rate is expected to grow to 26.61, whereas Revenue Per Employee is forecasted to decline to about 241 K. AMETEK Inc is scheduled to announce its earnings today. The next earnings report is expected on the 4th of May 2021. Although many conservative investors are getting more into industrials space, we should study AMETEK's latest fundamentals in more details. We will evaluate why we are still confident in anticipation of a recovery. We currently estimate AMETEK as undervalued. The real value is approaching 124.84 per share.

Published over two weeks ago

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Will AMETEK (NYSE:AME) technical and fundamental indicators remain unsteady in March?

Macroaxis provides advice on AMETEK Inc to complement and cross-verify current analyst consensus on AMETEK Inc. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. AMETEK dividends can provide a clue to the current value of the stock. The firm one year expected dividend income is about $0.31 per share.

Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Amtek income statement, its balance sheet, and the statement of cash flows. Potential Amtek investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Amtek investors may use each financial statement separately, they are all related. The changes in Amtek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Amtek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

The goal of Amtek fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Amtek performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Amtek shares is the value that is considered the true value of the share. If the intrinsic value Amtek is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Amtek.

Please read more on our fundamental analysis page.

What is Amtek Asset Breakdown?

Amtek Inc reports assets on its Balance Sheet. It represents the amount of Amtek resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Amtek volatility, please check the breakdown of all its fundamentals

Are Amtek Earnings Expected to grow?

The future earnings power of Amtek involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Amtek factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Amtek stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Amtek expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Amtek earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Amtek dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Amtek one year expected dividend income is about $0.31 per share.

The current year Dividend Yield is expected to grow to 0.007158, whereas Payment of Dividends and Other Cash Distributions is forecasted to decline to (169.4 M).

	Last Reported	Projected for 2021
Payment of Dividends and Other Cash Distributions	-165 M	-169.4 M
Dividend Yield	0.0069	0.007158
Dividends per Basic Common Share	0.72	0.59

Investing in dividend-paying stocks, such as Amtek Inc is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Amtek must own a stock before its ex-dividend date to receive its next dividend.

This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Amtek. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for Amtek, but it might be worth checking our own buy vs. sell analysis

Amtek Gross Profit

Amtek Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Amtek previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Amtek Gross Profit growth over the last 10 years.

Please check Gross Profit in more details.

A Deeper Perspective On Amtek

Institutional investors typically avoid acquiring a high percentage of AMETEK stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of AMETEK is distributed among investors.

Ownership Allocation

AMETEK holds a total of two hundred thirty million sixty thousand outstanding shares. The majority of AMETEK Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AMETEK Inc to benefit from reduced commissions. Thereupon, institutional investors are subject to a different set of regulations than regular investors in AMETEK. Please pay attention to any change in the institutional holdings of AMETEK Inc as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors

11.12%

Institutions

88.44%

	Retail Investors	11.12
	Insiders	0.44
	Institutions	88.44

	2018	2019	2020	2021 (projected)
Consolidated Income	777.93 M	861.3 M	990.49 M	848.57 M
Direct Expenses	3.19 B	3.37 B	3.03 B	2.66 B

Consolidated Income Direct Expenses

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. AMETEK has an asset utilization ratio of 69.82 percent. This indicates that the company is making $0.7 for each dollar of assets. An increasing asset utilization means that AMETEK Inc is more efficient with each dollar of assets it utilizes for everyday operations.

Assets Non Current

7.6 B

Goodwill

6.6 B

Current Assets	2.12 Billion	12.89
Assets Non Current	7.64 Billion	46.4
Goodwill	6.65 Billion	40.39
Tax Assets	52.62 Million	0.32

Some AMETEK technical indicators suggest turnaround

Skewness is down to 0.65. It may indicate a possible volatility dip. AMETEK Inc has relatively low volatility with skewness of 0.65 and kurtosis of 0.18. However, we advise all investors to independently investigate AMETEK Inc to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Perspective on AMETEK

Although other companies under the specialty industrial machinery industry are still a bit expensive, AMETEK may offer a potential longer-term growth to shareholders. In closing, as of the 4th of February 2021, we believe that at this point, AMETEK is very steady with low odds of financial turmoil within the next 2 years. From a slightly different point of view, the entity appears to be undervalued. Our primary 30 days buy-or-sell advice on the firm is Strong Buy.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Amtek Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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