Ametek Enterprise Value vs Cost of Revenue Analysis
AME Stock | USD 178.22 1.63 0.91% |
Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Enterprise Value and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Enterprise Value vs Cost Of Revenue
Enterprise Value vs Cost of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Enterprise Value account and Cost of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ametek's Enterprise Value and Cost of Revenue is 0.62. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Enterprise Value and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Ametek Inc are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Enterprise Value i.e., Ametek's Enterprise Value and Cost of Revenue go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Ametek theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Ametek Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of Ametek value than its market capitalization because it takes into account all of Ametek Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Cost Of Revenue
Cost of Revenue is found on Ametek Inc income statement and represents the costs associated with goods and services Ametek provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At present, Ametek's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.1B | 6.6B | 6.9B | Total Revenue | 5.5B | 6.2B | 6.6B | 6.9B |
Ametek fundamental ratios Correlations
Click cells to compare fundamentals
Ametek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ametek fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.8B | 10.4B | 11.9B | 12.4B | 15.0B | 15.8B | |
Short Long Term Debt Total | 2.8B | 2.4B | 2.5B | 2.4B | 3.3B | 3.5B | |
Other Current Liab | (156.8M) | (194.6M) | (298.7M) | 483.3M | (375.5M) | (356.7M) | |
Total Current Liabilities | 1.4B | 1.1B | 1.6B | 1.6B | 2.9B | 3.0B | |
Total Stockholder Equity | 5.1B | 5.9B | 6.9B | 7.5B | 8.7B | 9.2B | |
Property Plant And Equipment Net | 728.6M | 693.8M | 787.1M | 805.9M | 1.1B | 1.2B | |
Net Debt | 2.4B | 1.2B | 2.2B | 2.0B | 2.9B | 3.0B | |
Retained Earnings | 6.4B | 7.1B | 7.9B | 8.9B | 9.9B | 10.4B | |
Cash | 393.0M | 1.2B | 346.8M | 345.4M | 409.8M | 211.8M | |
Non Current Assets Total | 7.8B | 7.8B | 9.8B | 9.9B | 12.2B | 12.8B | |
Non Currrent Assets Other | (815.9M) | (826.1M) | (1.1B) | (1.1B) | (836.7M) | (794.9M) | |
Cash And Short Term Investments | 393.0M | 1.2B | 346.8M | 345.4M | 409.8M | 214.8M | |
Net Receivables | 744.8M | 597.5M | 829.2M | 919.3M | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 229.4M | 231.2M | 232.8M | 231.5M | 231.5M | 199.5M | |
Liabilities And Stockholders Equity | 9.8B | 10.4B | 11.9B | 12.4B | 15.0B | 15.8B | |
Non Current Liabilities Total | 3.3B | 3.3B | 3.5B | 3.4B | 3.4B | 3.6B | |
Inventory | 624.6M | 559.2M | 769.2M | 1.0B | 1.1B | 1.2B | |
Other Current Assets | 263.4M | 153.0M | 183.6M | 219.1M | 269.5M | 282.9M | |
Other Stockholder Equity | (741.6M) | (643.5M) | (560.5M) | (808.7M) | (727.9M) | (691.5M) | |
Total Liab | 4.7B | 4.4B | 5.0B | 5.0B | 6.3B | 6.6B | |
Property Plant And Equipment Gross | 548.9M | 693.8M | 787.1M | 805.9M | 2.2B | 2.3B | |
Total Current Assets | 2.0B | 2.5B | 2.1B | 2.5B | 2.8B | 3.0B | |
Accumulated Other Comprehensive Income | (533.1M) | (504.5M) | (470.4M) | (574.9M) | (484.9M) | (460.7M) | |
Short Term Debt | 497.4M | 132.3M | 315.1M | 226.1M | 1.4B | 1.5B | |
Intangible Assets | 3.0B | 2.9B | 3.7B | 3.7B | 4.2B | 4.4B | |
Accounts Payable | 928.4M | 943.6M | 1.2B | 497.1M | 1.5B | 1.5B | |
Current Deferred Revenue | 156.8M | 194.6M | 298.7M | 357.7M | 375.5M | 394.3M | |
Common Stock Total Equity | 2.7M | 2.7M | 2.7M | 2.7M | 3.1M | 1.8M | |
Common Stock | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 1.8M | |
Other Liab | 889.3M | 1.1B | 1.2B | 1.1B | 1.3B | 1.3B | |
Other Assets | 271.4M | 459.9M | 364.3M | 372.6M | 428.5M | 449.9M | |
Long Term Debt | 2.3B | 2.3B | 2.2B | 2.2B | 1.9B | 1.4B | |
Good Will | 4.0B | 4.2B | 5.2B | 5.4B | 6.4B | 6.8B | |
Treasury Stock | (1.6B) | (1.6B) | (1.6B) | (1.9B) | (1.7B) | (1.6B) | |
Property Plant Equipment | 548.9M | 526.5M | 787.1M | 805.9M | 926.8M | 973.2M | |
Net Tangible Assets | 5.1B | (899.3M) | (2.1B) | (1.2B) | (1.4B) | (1.4B) | |
Retained Earnings Total Equity | 6.4B | 7.1B | 7.9B | 8.9B | 10.2B | 10.7B | |
Long Term Debt Total | 2.3B | 2.3B | 2.2B | 2.2B | 2.5B | 1.9B | |
Capital Surpluse | 832.8M | 921.8M | 1.0B | 1.1B | 1.3B | 670.5M |
Pair Trading with Ametek
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ametek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ametek will appreciate offsetting losses from the drop in the long position's value.Moving together with Ametek Stock
0.83 | B | Barnes Group Earnings Call Tomorrow | PairCorr |
0.74 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
0.74 | HI | Hillenbrand Earnings Call This Week | PairCorr |
0.96 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Ametek Stock
0.78 | ATS | ATS Corporation | PairCorr |
0.6 | RR | Richtech Robotics Class | PairCorr |
The ability to find closely correlated positions to Ametek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ametek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ametek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ametek Inc to buy it.
The correlation of Ametek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ametek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ametek Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ametek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Ametek Stock analysis
When running Ametek's price analysis, check to measure Ametek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.
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Is Ametek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ametek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.113 | Dividend Share 1 | Earnings Share 5.67 | Revenue Per Share 28.618 | Quarterly Revenue Growth 0.065 |
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ametek's market value can be influenced by many factors that don't directly affect Ametek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.