Ametek Invested Capital vs Net Income Analysis

AME Stock

USD 179.01 0.96 0.54%

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 Invested Capital and its Net Income 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.

Invested Capital vs Net Income

Invested Capital vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Invested Capital account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ametek's Invested Capital and Net Income is -0.43. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Net Income 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 Invested Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Ametek Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Invested Capital i.e., Ametek's Invested Capital and Net Income go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Ametek Inc. There are two different methods for calculating Ametek Inc invested capital: operating approach and financing approach. Understanding Ametek invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ametek Inc financial statement analysis. It represents the amount of money remaining after all of Ametek Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

Gross Profit Total Revenue

Ametek fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.94	-0.55	0.93	0.99	0.99	0.91	0.99	0.25	1.0	-0.84	0.25	0.96	-0.83	0.91	0.96	0.76	-0.77	0.98	0.85	0.97	0.74	0.99	0.89	0.68	0.53
Short Long Term Debt Total	0.94		-0.54	0.87	0.89	0.91	0.95	0.92	0.34	0.93	-0.77	0.34	0.94	-0.9	0.95	0.87	0.73	-0.83	0.98	0.76	0.95	0.71	0.93	0.9	0.51	0.63
Other Current Liab	-0.55	-0.54		-0.61	-0.55	-0.62	-0.54	-0.54	-0.07	-0.57	0.44	-0.07	-0.42	0.34	-0.42	-0.42	-0.48	0.4	-0.54	-0.63	-0.44	-0.61	-0.55	-0.75	-0.67	-0.03
Total Current Liabilities	0.93	0.87	-0.61		0.92	0.97	0.91	0.91	0.02	0.94	-0.65	0.02	0.92	-0.76	0.74	0.94	0.74	-0.62	0.92	0.96	0.86	0.93	0.9	0.89	0.63	0.37
Total Stockholder Equity	0.99	0.89	-0.55	0.92		0.98	0.86	0.99	0.22	0.99	-0.84	0.22	0.94	-0.78	0.86	0.96	0.75	-0.73	0.95	0.85	0.95	0.73	0.99	0.86	0.73	0.47
Property Plant And Equipment Net	0.99	0.91	-0.62	0.97	0.98		0.9	0.97	0.17	0.99	-0.77	0.17	0.94	-0.79	0.84	0.96	0.79	-0.72	0.96	0.91	0.93	0.82	0.97	0.89	0.72	0.43
Net Debt	0.91	0.95	-0.54	0.91	0.86	0.9		0.88	0.03	0.91	-0.72	0.03	0.95	-0.84	0.86	0.9	0.77	-0.74	0.95	0.79	0.85	0.79	0.91	0.87	0.56	0.55
Retained Earnings	0.99	0.92	-0.54	0.91	0.99	0.97	0.88		0.28	0.99	-0.87	0.28	0.94	-0.79	0.9	0.95	0.74	-0.81	0.97	0.82	0.96	0.7	0.99	0.85	0.72	0.49
Cash	0.25	0.34	-0.07	0.02	0.22	0.17	0.03	0.28		0.2	-0.32	1.0	0.14	-0.31	0.47	0.06	0.02	-0.44	0.29	-0.01	0.46	-0.14	0.23	0.25	-0.07	0.47
Non Current Assets Total	1.0	0.93	-0.57	0.94	0.99	0.99	0.91	0.99	0.2		-0.84	0.2	0.96	-0.81	0.89	0.97	0.77	-0.75	0.98	0.85	0.95	0.75	0.99	0.89	0.7	0.51
Non Currrent Assets Other	-0.84	-0.77	0.44	-0.65	-0.84	-0.77	-0.72	-0.87	-0.32	-0.84		-0.32	-0.8	0.65	-0.84	-0.76	-0.58	0.82	-0.81	-0.51	-0.8	-0.35	-0.89	-0.69	-0.68	-0.49
Cash And Short Term Investments	0.25	0.34	-0.07	0.02	0.22	0.17	0.03	0.28	1.0	0.2	-0.32		0.14	-0.31	0.47	0.06	0.02	-0.44	0.29	-0.01	0.46	-0.14	0.24	0.25	-0.07	0.47
Net Receivables	0.96	0.94	-0.42	0.92	0.94	0.94	0.95	0.94	0.14	0.96	-0.8	0.14		-0.87	0.91	0.97	0.75	-0.74	0.97	0.79	0.93	0.73	0.96	0.85	0.55	0.62
Common Stock Shares Outstanding	-0.83	-0.9	0.34	-0.76	-0.78	-0.79	-0.84	-0.79	-0.31	-0.81	0.65	-0.31	-0.87		-0.88	-0.79	-0.7	0.65	-0.89	-0.64	-0.87	-0.6	-0.82	-0.78	-0.33	-0.59
Non Current Liabilities Total	0.91	0.95	-0.42	0.74	0.86	0.84	0.86	0.9	0.47	0.89	-0.84	0.47	0.91	-0.88		0.82	0.68	-0.85	0.95	0.59	0.94	0.49	0.92	0.81	0.48	0.72
Inventory	0.96	0.87	-0.42	0.94	0.96	0.96	0.9	0.95	0.06	0.97	-0.76	0.06	0.97	-0.79	0.82		0.77	-0.69	0.94	0.87	0.91	0.78	0.95	0.8	0.67	0.47
Other Current Assets	0.76	0.73	-0.48	0.74	0.75	0.79	0.77	0.74	0.02	0.77	-0.58	0.02	0.75	-0.7	0.68	0.77		-0.54	0.76	0.68	0.71	0.63	0.75	0.61	0.68	0.29
Other Stockholder Equity	-0.77	-0.83	0.4	-0.62	-0.73	-0.72	-0.74	-0.81	-0.44	-0.75	0.82	-0.44	-0.74	0.65	-0.85	-0.69	-0.54		-0.8	-0.5	-0.8	-0.4	-0.79	-0.64	-0.55	-0.45
Total Liab	0.98	0.98	-0.54	0.92	0.95	0.96	0.95	0.97	0.29	0.98	-0.81	0.29	0.97	-0.89	0.95	0.94	0.76	-0.8		0.81	0.97	0.73	0.98	0.91	0.59	0.61
Property Plant And Equipment Gross	0.85	0.76	-0.63	0.96	0.85	0.91	0.79	0.82	-0.01	0.85	-0.51	-0.01	0.79	-0.64	0.59	0.87	0.68	-0.5	0.81		0.77	0.95	0.79	0.83	0.64	0.2
Total Current Assets	0.97	0.95	-0.44	0.86	0.95	0.93	0.85	0.96	0.46	0.95	-0.8	0.46	0.93	-0.87	0.94	0.91	0.71	-0.8	0.97	0.77		0.65	0.95	0.84	0.54	0.61
Short Term Debt	0.74	0.71	-0.61	0.93	0.73	0.82	0.79	0.7	-0.14	0.75	-0.35	-0.14	0.73	-0.6	0.49	0.78	0.63	-0.4	0.73	0.95	0.65		0.68	0.8	0.48	0.18
Intangible Assets	0.99	0.93	-0.55	0.9	0.99	0.97	0.91	0.99	0.23	0.99	-0.89	0.24	0.96	-0.82	0.92	0.95	0.75	-0.79	0.98	0.79	0.95	0.68		0.87	0.69	0.55
Accounts Payable	0.89	0.9	-0.75	0.89	0.86	0.89	0.87	0.85	0.25	0.89	-0.69	0.25	0.85	-0.78	0.81	0.8	0.61	-0.64	0.91	0.83	0.84	0.8	0.87		0.5	0.5
Current Deferred Revenue	0.68	0.51	-0.67	0.63	0.73	0.72	0.56	0.72	-0.07	0.7	-0.68	-0.07	0.55	-0.33	0.48	0.67	0.68	-0.55	0.59	0.64	0.54	0.48	0.69	0.5		-0.05
Common Stock Total Equity	0.53	0.63	-0.03	0.37	0.47	0.43	0.55	0.49	0.47	0.51	-0.49	0.47	0.62	-0.59	0.72	0.47	0.29	-0.45	0.61	0.2	0.61	0.18	0.55	0.5	-0.05

Click cells to compare fundamentals

Ametek Account Relationship Matchups

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

0.86	B	Barnes Group Earnings Call This Week	Pair Corr
0.79	CR	Crane Company Financial Report 8th of May 2024	Pair Corr
0.79	HI	Hillenbrand Financial Report 13th of May 2024	Pair Corr
0.97	IR	Ingersoll Rand Financial Report 1st of May 2024	Pair Corr

Moving against Ametek Stock

0.81	ATS	ATS Corporation	Pair Corr
0.68	RR	Richtech Robotics Class	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Ametek Inc is a strong investment it is important to analyze Ametek's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:

How To Invest In Ametek

Details

Is Ametek Stock a good investment?

Details

What is Ametek's Net Worth?

Details

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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

Earnings Share

5.68

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.

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Ametek Invested Capital vs Net Income Analysis

Invested Capital vs Net Income

Invested Capital vs Net Income Correlation Analysis

Correlation Coefficient

Invested Capital

Net Income

Ametek fundamental ratios Correlations

Ametek Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ametek fundamental ratios Accounts

Pair Trading with Ametek

Moving together with Ametek Stock

Moving against Ametek Stock

Complementary Tools for Ametek Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.9	Short Long Term Debt Total
Total Liab	- 0.89	Common Stock Shares Outstanding
Intangible Assets	- 0.89	Non Currrent Assets Other
Non Current Liabilities Total	- 0.88	Common Stock Shares Outstanding
Total Current Assets	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.87	Net Receivables