| Company name | AMETEK, Inc. |
| Stock ticker | AME |
| Live stock price | [stckqut]AME[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Fair |
| EPS growth | Fair |
| P/E growth | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $49.31 |
| Target stock price (averages with growth) | $47.45 |
| Target stock price (averages with no growth) | $26.45 |
| Target stock price (manual assumptions) | $49.81 |
The following company description is from Google Finance: http://www.google.com/finance?q=ame
AMETEK, Inc. (AMETEK) is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. The Company markets its products across the world through two groups: the Electronic Instruments Group (EIG) and the Electromechanical Group (EMG). EIG provides monitoring, testing, calibration and display devices for the process, aerospace, power and industrial markets. EMG produces engineered electrical connectors for electronic applications; precision motion control solutions; specialty metals and alloys; and electric motors, blowers and heat exchangers. The Company’s end markets include aerospace and defense, medical devices, factory automation, mass transit, petrochemical and other industrial markets.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in AMETEK, Inc. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I am removing AMETEK from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of AMETEK, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $51.31
- Growth: 0.09
- Current EPS (TTM): $2.37
- P/E: 22
- Future EPS Calc: $3.64
- Future Stock Price Calc: $80.22
- Target stock price: $49.81
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I hope that this makes you a Confident Investor.