(APH) Amphenol - Overview
Sector: Technology | Industry: Electronic Components | Exchange: NYSE (USA) | Market Cap: 158.934m USD | Total Return: 41.9% in 12m
Industry Rotation: -6.5
Avg Turnover: 1.38B
EPS Trend: 90.9%
Qual. Beats: 1
Rev. Trend: 91.7%
Qual. Beats: 17
Warnings
No concerns identified
Tailwinds
Confidence, Garp
Amphenol Corporation (NYSE: APH) designs and manufactures electrical, electronic, and fiber optic connectors, antennas, sensors, and coaxial cables. Operating through three segments-Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems-the company serves diverse end-markets including automotive, aerospace, defense, and IT data communications. Founded in 1932 and based in Connecticut, the firm utilizes a multi-channel distribution strategy involving direct sales and independent distributors.
The electronic components sector is characterized by high fragmentation and a business model that relies heavily on long-term design wins with original equipment manufacturers (OEMs). Amphenol’s growth strategy frequently involves the acquisition of smaller, specialized manufacturers to expand its technical capabilities and market reach. For a deeper look at these growth drivers, consider reviewing the fundamental metrics on ValueRay.
- AI data center infrastructure buildout accelerates high-speed interconnect product demand
- Strategic acquisitions drive continuous inorganic revenue growth and market share expansion
- Global industrial and automotive electrification increases sensor and power distribution sales
- Defense and aerospace spending cycles dictate long-term harsh environment segment margins
- Fluctuations in consumer electronics volume impact mobile device connector revenue streams
| Net Income: 4.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 1.28 > 1.0 |
| NWC/Revenue: 24.74% < 20% (prev 27.07%; Δ -2.33% < -1%) |
| CFO/TA 0.14 > 3% & CFO 5.73b > Net Income 4.48b |
| Net Debt (14.62b) to EBITDA (7.93b): 1.84 < 3 |
| Current Ratio: 1.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.29b) vs 12m ago 1.86% < -2% |
| Gross Margin: 37.35% > 18% (prev 0.34%; Δ 3.70k% > 0.5%) |
| Asset Turnover: 79.66% > 50% (prev 73.26%; Δ 6.40% > 0%) |
| Interest Coverage Ratio: 13.54 > 6 (EBITDA TTM 7.93b / Interest Expense TTM 499.2m) |
| A: 0.15 (Total Current Assets 15.38b - Total Current Liabilities 8.97b) / Total Assets 42.13b |
| B: 0.25 (Retained Earnings 10.43b / Total Assets 42.13b) |
| C: 0.21 (EBIT TTM 6.76b / Avg Total Assets 32.52b) |
| D: 0.35 (Book Value of Equity 9.94b / Total Liabilities 28.04b) |
| Altman-Z'' Score: 3.57 = A |
| DSRI: 0.97 (Receivables 5.87b/3.92b, Revenue 25.90b/16.78b) |
| GMI: 0.91 (GM 37.35% / 33.94%) |
| AQI: 1.10 (AQ_t 0.57 / AQ_t-1 0.52) |
| SGI: 1.54 (Revenue 25.90b / 16.78b) |
| TATA: -0.03 (NI 4.48b - CFO 5.73b) / TA 42.13b) |
| Beneish M-Score: -2.72 (Cap -4..+1) = A |
Over the past week, the price has changed by -0.61%, over one month by -20.35%, over three months by -17.44% and over the past year by +41.86%.
- StrongBuy: 8
- Buy: 4
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 181.7 | 49.3% |
P/E Forward = 25.7732
P/S = 6.1355
P/B = 11.2692
P/EG = 1.0962
Revenue TTM = 25.90b USD
EBIT TTM = 6.76b USD
EBITDA TTM = 7.93b USD
Long Term Debt = 16.64b USD (from longTermDebt, last quarter)
Short Term Debt = 2.11b USD (from shortTermDebt, last quarter)
Debt = 18.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.62b USD (from netDebt column, last quarter)
Enterprise Value = 173.10b USD (158.93b + Debt 18.75b - CCE 4.58b)
Interest Coverage Ratio = 13.54 (Ebit TTM 6.76b / Interest Expense TTM 499.2m)
EV/FCF = 37.37x (Enterprise Value 173.10b / FCF TTM 4.63b)
FCF Yield = 2.68% (FCF TTM 4.63b / Enterprise Value 173.10b)
FCF Margin = 17.88% (FCF TTM 4.63b / Revenue TTM 25.90b)
Net Margin = 17.28% (Net Income TTM 4.48b / Revenue TTM 25.90b)
Gross Margin = 37.35% ((Revenue TTM 25.90b - Cost of Revenue TTM 16.23b) / Revenue TTM)
Gross Margin QoQ = 36.75% (prev 38.22%)
Tobins Q-Ratio = 4.11 (Enterprise Value 173.10b / Total Assets 42.13b)
Interest Expense / Debt = 1.11% (Interest Expense 207.9m / Debt 18.75b)
Taxrate = 42.68% (702.4m / 1.65b)
NOPAT = 3.88b (EBIT 6.76b * (1 - 42.68%))
Current Ratio = 1.71 (Total Current Assets 15.38b / Total Current Liabilities 8.97b)
Debt / Equity = 1.34 (Debt 18.75b / totalStockholderEquity, last quarter 13.98b)
Debt / EBITDA = 1.84 (Net Debt 14.62b / EBITDA 7.93b)
Debt / FCF = 3.16 (Net Debt 14.62b / FCF TTM 4.63b)
Total Stockholder Equity = 12.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.76% (Net Income 4.48b / Total Assets 42.13b)
RoE = 34.81% (Net Income TTM 4.48b / Total Stockholder Equity 12.86b)
RoCE = 22.92% (EBIT 6.76b / Capital Employed (Equity 12.86b + L.T.Debt 16.64b))
RoIC = 15.23% (NOPAT 3.88b / Invested Capital 25.45b)
WACC = 10.17% (E(158.93b)/V(177.68b) * Re(11.30%) + D(18.75b)/V(177.68b) * Rd(1.11%) * (1-Tc(0.43)))
Discount Rate = 11.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 1.59%
[DCF] Terminal Value 74.33% ; FCFF base≈3.67b ; Y1≈4.40b ; Y5≈7.02b
[DCF] Fair Price = 56.04 (EV 83.57b - Net Debt 14.62b = Equity 68.95b / Shares 1.23b; r=10.17% [WACC]; 5y FCF grow 21.22% → 3.0% )
EPS Correlation: 90.85 | EPS CAGR: 31.46% | SUE: 1.85 | # QB: 1
Revenue Correlation: 91.68 | Revenue CAGR: 26.70% | SUE: 2.66 | # QB: 17
EPS current Quarter (2026-06-30): EPS=1.17 | Chg30d=+11.64% | Revisions=+78% | Analysts=16
EPS next Quarter (2026-09-30): EPS=1.26 | Chg30d=+6.86% | Revisions=+67% | Analysts=15
EPS current Year (2026-12-31): EPS=4.81 | Chg30d=+9.62% | Revisions=+78% | GrowthEPS=+44.1% | GrowthRev=+44.7%
EPS next Year (2027-12-31): EPS=5.63 | Chg30d=+9.02% | Revisions=+67% | GrowthEPS=+16.9% | GrowthRev=+11.9%
[Analyst] Revisions Ratio: +78%