(AMP) Amper S.A. - Overview
Sector: Technology | Industry: Information Technology Services | Exchange: MC (Spain) | Market Cap: 556m EUR | Total Return: -45.3% in 12m
Avg Turnover: 2.62M
Warnings
Share dilution 52.1% YoY
Interest Coverage Ratio 0.8 is critical
Tailwinds
Confidence
Amper S.A. (AMP) is a Spanish industrial and technology group operating across defense, national security, telecommunications, and sustainable energy sectors. The company’s portfolio includes electronic warfare systems, naval platforms, and air traffic management solutions, alongside high-capacity 5G networking equipment and critical communication infrastructure.
In the energy segment, Amper provides engineering for wind farms, hydrogen production, and smart grid management. The business model relies heavily on long-term infrastructure contracts and government defense procurement, which typically involve high barriers to entry due to stringent security certifications and specialized engineering requirements.
The company also manufactures offshore wind platforms and offers digitalization services for smart cities and buildings. Those tracking these diversified industrial segments can find deeper fundamental analysis on ValueRay.
Founded in 1951 and headquartered in Madrid, Amper maintains an international footprint, positioning itself at the intersection of European defense modernization and the global transition toward renewable energy infrastructure.
- Spanish defense budget increases drive electronic warfare and security contract growth
- Offshore wind platform manufacturing capacity expands energy and sustainability revenue
- Strategic shift toward 5G infrastructure and private networks improves margin profile
- High debt levels and financing costs impact net profitability and valuation
- Public sector procurement cycles in Spain dictate long-term revenue stability
| Net Income: 5.87m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.12 > 0.02 and ΔFCF/TA -6.91 > 1.0 |
| NWC/Revenue: 20.18% < 20% (prev 4.55%; Δ 15.63% < -1%) |
| CFO/TA -0.01 > 3% & CFO -5.56m > Net Income 5.87m |
| Net Debt (85.5m) to EBITDA (64.4m): 1.33 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.28b) vs 12m ago 52.08% < -2% |
| Gross Margin: 28.80% > 18% (prev 0.38%; Δ 2.84k% > 0.5%) |
| Asset Turnover: 105.1% > 50% (prev 122.6%; Δ -17.45% > 0%) |
| Interest Coverage Ratio: 0.77 > 6 (EBITDA TTM 64.4m / Interest Expense TTM 33.8m) |
| A: 0.18 (Total Current Assets 288.5m - Total Current Liabilities 186.6m) / Total Assets 552.2m |
| B: 0.00 (Retained Earnings 1.38m / Total Assets 552.2m) |
| C: 0.05 (EBIT TTM 26.0m / Avg Total Assets 480.3m) |
| D: 0.15 (Book Value of Equity 60.2m / Total Liabilities 403.8m) |
| Altman-Z'' = 1.74 = BBB |
| DSRI: 1.20 (Receivables 137.6m/113.5m, Revenue 505.0m/500.7m) |
| GMI: 1.33 (GM 28.80% / 38.38%) |
| AQI: 1.03 (AQ_t 0.30 / AQ_t-1 0.29) |
| SGI: 1.01 (Revenue 505.0m / 500.7m) |
| TATA: 0.02 (NI 5.87m - CFO -5.56m) / TA 552.2m) |
| Beneish M = -2.51 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at EUR 0.19 with a total of 4,825,351 shares traded.
Over the past week, the price has changed by -2.73%,
over one month by +11.66%,
over three months by -17.64% and
over the past year by -45.29%.
Amper S.A. has no consensus analysts rating.
P/E Forward = 21.645
P/S = 1.972
P/B = 2.9731
P/EG = 1.9016
Revenue TTM = 505.0m EUR
EBIT TTM = 26.0m EUR
EBITDA TTM = 64.4m EUR
Long Term Debt = 115.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 78.9m EUR (from shortTermDebt, last quarter)
Debt = 217.6m EUR (from shortLongTermDebtTotal, last quarter) + Leases 9.34m
Net Debt = 85.5m EUR (calculated: Debt 217.6m - CCE 132.1m)
Enterprise Value = 641.1m EUR (555.6m + Debt 217.6m - CCE 132.1m)
Interest Coverage Ratio = 0.77 (Ebit TTM 26.0m / Interest Expense TTM 33.8m)
EV/FCF = -9.81x (Enterprise Value 641.1m / FCF TTM -65.4m)
FCF Yield = -10.20% (FCF TTM -65.4m / Enterprise Value 641.1m)
FCF Margin = -12.95% (FCF TTM -65.4m / Revenue TTM 505.0m)
Net Margin = 1.16% (Net Income TTM 5.87m / Revenue TTM 505.0m)
Gross Margin = 28.80% ((Revenue TTM 505.0m - Cost of Revenue TTM 359.6m) / Revenue TTM)
Gross Margin QoQ = 16.52% (prev 56.83%)
Tobins Q-Ratio = 1.16 (Enterprise Value 641.1m / Total Assets 552.2m)
Interest Expense / Debt = 15.55% (Interest Expense 33.8m / Debt 217.6m)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 19.5m (EBIT 26.0m * (1 - 25.00%))
Current Ratio = 1.55 (Total Current Assets 288.5m / Total Current Liabilities 186.6m)
Debt / Equity = 1.49 (Debt 217.6m / totalStockholderEquity, last quarter 146.2m)
Debt / EBITDA = 1.33 (Net Debt 85.5m / EBITDA 64.4m)
Debt / FCF = -1.31 (negative FCF - burning cash) (Net Debt 85.5m / FCF TTM -65.4m)
Total Stockholder Equity = 82.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.22% (Net Income 5.87m / Total Assets 552.2m)
RoE = 7.12% (Net Income TTM 5.87m / Total Stockholder Equity 82.5m)
RoCE = 13.10% (EBIT 26.0m / Capital Employed (Equity 82.5m + L.T.Debt 115.7m))
RoIC = 6.23% (NOPAT 19.5m / Invested Capital 312.4m)
WACC = 9.23% (E(555.6m)/V(773.2m) * Re(8.28%) + D(217.6m)/V(773.2m) * Rd(15.55%) * (1-Tc(0.25)))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.28 | Cagr: 37.67%
[DCF] Fair Price = unknown (Cash Flow -65.4m)
Revenue Correlation: 84.89 | Revenue CAGR: 23.87% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+150.0% | GrowthRev=+18.2%
EPS next Year (2027-12-31): EPS=0.01 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+200.0% | GrowthRev=+35.1%