Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €64.00, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 29x in the Electrical industry in Germany. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.49 per share. Buy Or Sell Opportunity • May 27
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to €64.00. The fair value is estimated to be €50.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Declared Dividend • May 20
First quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 21st May 2026 Payment date: 4th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 5%. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Steve Finch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 02
Allient Inc. to Report Q1, 2026 Results on May 06, 2026 Allient Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Announcement • Mar 28
Allient Inc., Annual General Meeting, May 06, 2026 Allient Inc., Annual General Meeting, May 06, 2026. Announcement • Mar 06
Allient Inc. Declares Quarterly Cash Dividend, Payable on April 3, 2026 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on April 3, 2026, to stockholders of record as of the close of business on March 20, 2026. Announcement • Feb 20
Allient Inc. to Report Q4, 2025 Results on Mar 05, 2026 Allient Inc. announced that they will report Q4, 2025 results After-Market on Mar 05, 2026 Announcement • Nov 06
Allient Inc. Approves Quarterly Cash Dividend, Payable on December 4, 2025 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on December 4, 2025, to stockholders of record as of the close of business on November 20, 2025. Announcement • Oct 23
Allient Inc. to Report Q3, 2025 Results on Nov 05, 2025 Allient Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Announcement • Oct 10
Allient Advances Drone Market Solutions Allient Inc. announced its expanded capabilities and commitment to the drone market. Building on its proven track record and leveraging advanced technologies and a global network of engineering and manufacturing facilities, Allient is expanding its capabilities to meet the evolving needs of drone manufacturers worldwide. Allient brings decades of engineering expertise and high-volume U.S. manufacturing to the forefront of drone system requirements. Allient is furthering its robust technology foundation to deliver advanced motion and power solutions for unmanned aerial systems (UAS), starting with COTS propulsion motors and extending to ESCs, gimbals, propellers, mission-ready kits, and power/electronic solutions. Allient has an unmatched track record for providing motors and electronics for mission-critical applications, manufacturing more than 5 million motors annually, with market-specific solutions for the drone industry that include: Minimized weight, high efficacy and high torque Motors from 43mm to 148mm in diameter with rugged and reliable bearing designs based on proven Allient motors made globally; Motor winding options from 3Strand to 12Strand and optimized cooling for thrust applications; Designed with or without electronic drive and control capabilities; Lightweighting technology with superior weight-to-strength ratios, no weld joints or seams, and embedded EMI shielding while supporting extreme environmental conditions, including defense applications; Efficient and lightweight drive electronics with sensorless- and sensored-FOC manufactured in the USA, enabling longer flight times and quieter operation; Intelligent diagnostics, including voltage, current, temperature, vibration, throttle-loss, and battery current; High-performance autopilot communication, including DroneCAN, Ardupilot, Piccolo, Veronte, and Single Pair Ethernet (SPE). Designed, built, and supported in the USA, our components meet the demanding standards of Defense applications. What sets us apart is not only the performance and availability of our products, but our ability to customize and optimize them for each application, including military drone platforms, special KV, and mechanical features. Multiple Allient Technology Units work together to provide BLDC inner/outer rotor, axial air gap, and custom motor and actuator solutions for propulsion and gyro applications. Additionally, Allient structural composite technologies are deployed in nest designs to house and launch multiple drones from a platform. Announcement • Aug 07
Allient Inc. Approves Quarterly Cash Dividend, Payable on September 4, 2025 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on September 4, 2025, to stockholders of record as of the close of business on August 21, 2025. Allient has approximately 17.0 million shares outstanding. Announcement • Jul 24
Allient Inc. to Report Q2, 2025 Results on Aug 06, 2025 Allient Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Jul 14
Allient Inc Appoints Robert Mastromattei as Allient Group President Allient Inc. announced that Robert Mastromattei, currently the Chief Commercial Officer for Allient’s Motion business in North America, has also been appointed as an Allient Group President with P&L responsibility for a select group of Technology Units that are functionally and strategically very closely aligned in their approach to business. Mr. Mastromattei brings deep experience in commercial strategy, operational leadership, and precision motion solutions, along with a strong technical background, including an M.S. in engineering. He was the Co-founder of Applimotion and most recently Sierramotion Inc., a company specializing in custom mechatronic and motion component solutions for medical, defense, robotics, and industrial applications. Sierramotion was acquired by Allient in 2023 and has since played an important role in enhancing the Company’s engineering capabilities and responsiveness to customers requiring high-technology solutions. Mr. Mastromattei’s leadership reflects a strong focus on innovation, execution, and building long-term customer partnerships. Announcement • May 08
Allient Inc. Declares Quarterly Cash Dividend, Payable on June 5, 2025 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on June 5, 2025, to stockholders of record as of the close of business on May 22, 2025. Announcement • Apr 25
Allient Inc. to Report Q1, 2025 Results on May 07, 2025 Allient Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • Mar 27
Allient Inc., Annual General Meeting, May 07, 2025 Allient Inc., Annual General Meeting, May 07, 2025. Announcement • Mar 06
Allient Inc. Approves Quarterly Cash Dividend Payment, Payable on April 3, 2025 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on April 3, 2025, to stockholders of record as of the close of business on March 20, 2025. Allient has approximately 16.8 million shares outstanding. Announcement • Feb 20
Allient Inc. to Report Q4, 2024 Results on Mar 05, 2025 Allient Inc. announced that they will report Q4, 2024 results After-Market on Mar 05, 2025 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Steve Finch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 12
Allient Inc. Appoints Steve Warzala as President of Allient Defense Solutions BU Allient Inc. announced the launch of its Allient Defense Solutions (ADS) Business Unit (BU). The company announced Steve Warzala has been appointed President of the Allient Defense Solutions BU and will assume the role of Corporate Vice President. Ken May, Allied Motion CTO and Corporate Vice President, will lead ADS systems engineering and program support services. Dave MacMillan, Senior Director of Business Development, will lead the expanded ADS business development efforts and the dedicated ADS sales team. Brandon Hunter has been named General Manager for Allient - London, Ontario (formerly FPH), Allient’s structural and light weighting composites Technology Unit. Jesse Dowd is the new General Manager for Allient - Rochester (formerly Ormec), the Technology Unit responsible for leading Servo Control Solutions development for all markets and Custom Critical Solutions development for the Aerospace & Defense markets. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €21.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Electrical industry in Germany. Total loss to shareholders of 38% over the past three years. Declared Dividend • Nov 11
Third quarter dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 21st November 2024 Payment date: 5th December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 6%. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.13 (vs US$0.42 in 3Q 2023) Third quarter 2024 results: EPS: US$0.13 (down from US$0.42 in 3Q 2023). Revenue: US$125.2m (down 14% from 3Q 2023). Net income: US$2.10m (down 69% from 3Q 2023). Profit margin: 1.7% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Announcement • Nov 08
Juniper Investment Company Engages in Discussions with Allient On November 6, 2024, Juniper Investment Company, LLC announced that it has had and may from time to time seek to engage in communications with one or more shareholders of Allient Inc., one or more officers of the Company and/or one or more members of the board of directors of the Company regarding the Company. Announcement • Nov 07
Allient Inc. Declares Quarterly Cash Dividend, Payable on December 5, 2024 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on December 5, 2024 to stockholders of record as of the close of business on November 21, 2024. Announcement • Oct 29
Allient Inc. to Report Q3, 2024 Results on Nov 06, 2024 Allient Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Declared Dividend • Aug 12
Second quarter dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 22nd August 2024 Payment date: 5th September 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 6%. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.069 (vs US$0.42 in 2Q 2023) Second quarter 2024 results: EPS: US$0.069 (down from US$0.42 in 2Q 2023). Revenue: US$136.0m (down 7.3% from 2Q 2023). Net income: US$1.15m (down 83% from 2Q 2023). Profit margin: 0.8% (down from 4.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year. Announcement • Aug 08
Allient Inc. Declares Quarterly Cash Dividend, Payable on September 5, 2024 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on September 5, 2024 to stockholders of record as of the close of business on August 22, 2024. Allient has approximately 16.8 million shares outstanding. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €22.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Electrical industry in Germany. Total loss to shareholders of 21% over the past three years. Announcement • Jul 30
Allient Inc. to Report Q2, 2024 Results on Aug 07, 2024 Allient Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €26.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Electrical industry in Germany. Total loss to shareholders of 4.1% over the past three years. Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Steve Finch was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 24
Allient Inc. Names James A. Michaud as Chief Financial Officer, Effective June 3, 2024 Allient Inc. announced the appointment of James A. Michaud as Chief Financial Officer, effective June 3, 2024. Mr. Michaud will succeed Michael R. Leach, who previously announced his retirement from Allient. Mr. Michaud has served as Chief Financial Officer and a senior corporate leader at several large public and private companies. He joins Allient from Elior North America, where he served as Senior Vice President and Chief Financial Officer since 2020. Prior to that, he was VP Global Business Services and Chief Accounting Officer for Delaware North. He also previously held senior finance roles at Armored Autogroup Inc., Warnaco Group Inc., and Honeywell International Inc. He began his career in public accounting including the role of Senior Manager with Ernst & Young, LLP. Mr. Michaud, a Certified Public Accountant, earned his B.S., Accountancy at Bentley University. Declared Dividend • May 13
First quarter dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 22nd May 2024 Payment date: 6th June 2024 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 5%. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.42 (vs US$0.40 in 1Q 2023) First quarter 2024 results: EPS: US$0.42 (up from US$0.40 in 1Q 2023). Revenue: US$146.7m (flat on 1Q 2023). Net income: US$6.90m (up 9.3% from 1Q 2023). Profit margin: 4.7% (up from 4.3% in 1Q 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Announcement • May 09
Allient Inc. Declares Quarterly Cash Dividend, Payable on June 6, 2024 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on June 6, 2024 to stockholders of record as of the close of business on May 23, 2024. Announcement • Apr 28
Allient Inc. to Report Q1, 2024 Results on May 08, 2024 Allient Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Announcement • Apr 02
Allient Inc., Annual General Meeting, May 08, 2024 Allient Inc., Annual General Meeting, May 08, 2024, at 09:00 US Eastern Standard Time. Agenda: To elect six directors of the Company; to provide an advisory approval of the compensation of our Named Executive Officers; to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2024 fiscal year; and o transact such other business as may properly come before the 2024 Annual Meeting or any adjournment thereof. Recent Insider Transactions • Mar 12
Senior VP & CFO recently sold €156k worth of stock On the 8th of March, Michael Leach sold around 5k shares on-market at roughly €31.29 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Upcoming Dividend • Mar 12
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 19 March 2024. Payment date: 03 April 2024. Payout ratio is a comfortable 7.6% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.9%). Declared Dividend • Mar 08
Fourth quarter dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 19th March 2024 Payment date: 3rd April 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 6%. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: US$1.51 (vs US$1.13 in FY 2022) Full year 2023 results: EPS: US$1.51 (up from US$1.13 in FY 2022). Revenue: US$578.6m (up 15% from FY 2022). Net income: US$24.1m (up 39% from FY 2022). Profit margin: 4.2% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Announcement • Mar 06
Allient Inc. Declares Quarterly Cash Dividend, Payable on April 3, 2024 Allient Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on April 3, 2024 to stockholders of record as of the close of business on March 20, 2024. Announcement • Feb 28
Allient Inc. to Report Q4, 2023 Results on Mar 05, 2024 Allient Inc. announced that they will report Q4, 2023 results After-Market on Mar 05, 2024 Buy Or Sell Opportunity • Feb 22
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €26.40. The fair value is estimated to be €21.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Buy Or Sell Opportunity • Feb 07
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.4% to €25.80. The fair value is estimated to be €21.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Announcement • Jan 12
Allient Inc. (NasdaqGM:ALNT) acquired SNC Manufacturing Co., Inc. Allient Inc. (NasdaqGM:ALNT) acquired SNC Manufacturing Co., Inc. on January 11, 2024. SNC Manufacturing Co., Inc. reported revenue of approximately $40 million for the trailing twelve months. Jim Koepke the current President and COO of SNC will continue to lead SNC under Allient as the VP and General Manager of the Technology Unit. SNC’s leadership team will be staying with the business.Allient Inc. (NasdaqGM:ALNT) completed the acquisition of SNC Manufacturing Co., Inc. on January 11, 2024. Announcement • Nov 21
Allient Inc. Announces Retirement of Michael R. Leach as Chief Financial Officer, Effective At the End of April 2024 Allient Inc. announced that Michael R. Leach, Chief Financial Officer, has informed the Company of his intent to retire at the end of April 2024 after a nearly nine-year career with the Company. Upcoming Dividend • Nov 08
Upcoming dividend of US$0.03 per share at 0.5% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.3%). New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.42 (vs US$0.42 in 3Q 2022) Third quarter 2023 results: EPS: US$0.42. Revenue: US$145.3m (up 8.1% from 3Q 2022). Net income: US$6.67m (flat on 3Q 2022). Profit margin: 4.6% (down from 4.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electrical industry in Germany. Announcement • Nov 02
Allient Inc. Declares Quarterly Cash Dividend, Payable on November 30, 2023 Allient Inc. (formerly known as Allied Motion Technologies Inc.) announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on November 30, 2023 to stockholders of record as of the close of business on November 16, 2023. Announcement • Oct 19
Allient Inc. to Report Q3, 2023 Results on Nov 01, 2023 Allient Inc. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 Announcement • Sep 26
Allient Inc. (NasdaqGM:ALNT) acquired Sierramotion Inc. Allient Inc. (NasdaqGM:ALNT) acquired Sierramotion Inc on September 25, 2023.Allient Inc. (NasdaqGM:ALNT) completed the acquisition of Sierramotion Inc on September 25, 2023. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €29.00, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electrical industry in Europe. Total returns to shareholders of 17% over the past three years. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.03 per share at 0.4% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.1%). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.30 in 2Q 2022) Second quarter 2023 results: EPS: US$0.42 (up from US$0.30 in 2Q 2022). Revenue: US$146.8m (up 20% from 2Q 2022). Net income: US$6.77m (up 48% from 2Q 2022). Profit margin: 4.6% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Allied Motion Technologies Inc. Declares Quarterly Cash Dividend, Payable on August 31, 2023 Allied Motion Technologies Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on August 31, 2023 to stockholders of record as of the close of business on August 17, 2023. Announcement • Jul 01
Allied Motion Technologies Inc. Announces Retirement of Robert P. Maida as Senior Vice President and Group President Allied Motion Technologies Inc. announced that Robert P. Maida, Senior Vice President and Group President, will retire September 30, 2023 after more than 10 years with the Company. Upon his retirement, Mr. Maida will serve in an advisory role to the CEO. Mr. Maida joined Allied Motion in 2012 and has served in senior executive roles including Chief Financial Officer and Vice President of Operational Excellence, where he led and promoted Allied Motion’s culture of continuous improvement through the implementation of Allied Systematic Tools (AST) on a world-wide basis and in all areas of the Company’s business. He was named Group President in 2020 to lead a re-aligned business unit and group structure to improve operating efficiencies and expand growth opportunities in North America. With Mr. Maida’s departure, the Company is reorganizing its executive leadership team structure to more closely align its operations with customers in its selected and highly focused target markets. Announcement • Jun 25
Allied Motion Technologies Inc.(NasdaqGM:AMOT) dropped from Russell 2000 Value-Defensive Index Allied Motion Technologies Inc.(NasdaqGM:AMOT) dropped from Russell 2000 Value-Defensive Index Upcoming Dividend • May 10
Upcoming dividend of US$0.03 per share at 0.3% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.1%). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.40 (vs US$0.17 in 1Q 2022) First quarter 2023 results: EPS: US$0.40 (up from US$0.17 in 1Q 2022). Revenue: US$145.5m (up 27% from 1Q 2022). Net income: US$6.32m (up 152% from 1Q 2022). Profit margin: 4.3% (up from 2.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 14
Upcoming dividend of US$0.025 per share at 0.3% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 05 April 2023. Payout ratio is a comfortable 8.9% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.1%). Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: US$1.13 (vs US$1.67 in FY 2021) Full year 2022 results: EPS: US$1.13 (down from US$1.67 in FY 2021). Revenue: US$503.0m (up 25% from FY 2021). Net income: US$17.4m (down 28% from FY 2021). Profit margin: 3.5% (down from 6.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.025 per share Eligible shareholders must have bought the stock before 16 November 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 9.9% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.4%). Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.41 in 3Q 2021) Third quarter 2022 results: EPS: US$0.42 (up from US$0.41 in 3Q 2021). Revenue: US$134.4m (up 30% from 3Q 2021). Net income: US$6.61m (up 11% from 3Q 2021). Profit margin: 4.9% (down from 5.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Announcement • Nov 03
Allied Motion Technologies Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2022 Allied Motion Technologies Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.025 per share. The dividend will be payable on December 1, 2022 to stockholders of record as of the close of business on November 17, 2022. Announcement • Oct 21
Allied Motion Technologies Inc. to Report Q3, 2022 Results on Nov 02, 2022 Allied Motion Technologies Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 02, 2022 Announcement • Aug 16
Allied Motion Technologies Inc. Appoints Ken May as Chief Technology Officer Allied Motion Technologies Inc. announced that Ken May has been named Corporate Vice President and Chief Technology Officer (CTO). In this role as Allied’s first CTO, he will be responsible for overseeing the global technology and engineering teams including electronics, electromagnetic and mechanical capabilities to ensure the delivery of more complete and advanced system technology to meet the emerging needs of target markets and customers. Mr. May joined Allied Motion in 2019 as Director of R&D and Global Electronics. Prior to Allied, he spent twenty-two years at Moog Inc. working on electromechanical actuation systems for aerospace and industrial applications, and eleven years working on automotive powertrain systems at Borg Warner and Zexel corporations. Mr. May has served in various capacities of systems engineering, project engineering, product line engineering management and functional management for actuation and electronics design. He holds a Master’s degree in Electrical Engineering and a Graduate Certificate in Systems Engineering from the Rochester Institute of Technology (RIT). Upcoming Dividend • Aug 10
Upcoming dividend of US$0.025 per share Eligible shareholders must have bought the stock before 17 August 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 10% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (1.1%). Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.30 (vs US$0.32 in 2Q 2021) Second quarter 2022 results: EPS: US$0.30 (down from US$0.32 in 2Q 2021). Revenue: US$122.7m (up 21% from 2Q 2021). Net income: US$4.58m (down 1.1% from 2Q 2021). Profit margin: 3.7% (down from 4.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Announcement • Aug 04
Allied Motion Technologies Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2022 Allied Motion Technologies Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.025 per share. The dividend will be payable on September 1, 2022 to stockholders of record as of the close of business on August 18, 2022. Announcement • Jul 21
Allied Motion Technologies Inc. to Report Q2, 2022 Results on Aug 03, 2022 Allied Motion Technologies Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2022 Announcement • Jun 22
Allied Motion Technologies Inc. (NasdaqGM:AMOT) acquired Airex, LLC. Allied Motion Technologies Inc. (NasdaqGM:AMOT) acquired Airex, LLC on June 21, 2022. Airex is expected to be accretive to both Allied’s margin profile and earnings per share in the first year.
Allied Motion Technologies Inc. (NasdaqGM:AMOT) completed the acquisition of Airex, LLC on June 21, 2022. Announcement • Jun 01
Allied Motion Technologies Inc. (NasdaqGM:AMOT) acquired FPH Group Inc. Allied Motion Technologies Inc. (NasdaqGM:AMOT) acquired FPH Group Inc. on May 31, 2022.
Allied Motion Technologies Inc. (NasdaqGM:AMOT) completed the acquisition of FPH Group Inc. on May 31, 2022. Announcement • May 26
Allied Motion Technologies Inc. (NasdaqGM:AMOT) completed the acquisition of ThinGap, Inc. Allied Motion Technologies Inc. (NasdaqGM:AMOT) agreed to acquire ThinGap, Inc. on May 9, 2022. The transaction is expected to close in the second quarter of 2022, subject to customary closing conditions.
Allied Motion Technologies Inc. (NasdaqGM:AMOT) completed the acquisition of ThinGap, Inc. on May 24, 2022. Upcoming Dividend • May 11
Upcoming dividend of US$0.025 per share Eligible shareholders must have bought the stock before 18 May 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 10.0% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.1%). Announcement • May 10
Allied Motion Technologies Inc. (NasdaqGM:AMOT) agreed to acquire ThinGap, Inc. Allied Motion Technologies Inc. (NasdaqGM:AMOT) agreed to acquire ThinGap, Inc. on May 9, 2022. The transaction is expected to close in the second quarter of 2022, subject to customary closing conditions. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.17 (vs US$0.83 in 1Q 2021) First quarter 2022 results: EPS: US$0.17 (down from US$0.83 in 1Q 2021). Revenue: US$114.8m (up 13% from 1Q 2021). Net income: US$2.50m (down 79% from 1Q 2021). Profit margin: 2.2% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 05
Allied Motion Declares Quarterly Cash Dividend, Payable on June 2, 2022 Allied Motion Technologies Inc. announced that its Board of Directors approved a quarterly cash dividend payment of $0.025 per share. The dividend will be payable on June 2, 2022 to stockholders of record as of the close of business on May 19, 2022. Announcement • Apr 21
Allied Motion Technologies Inc. to Report Q1, 2022 Results on May 04, 2022 Allied Motion Technologies Inc. announced that they will report Q1, 2022 results After-Market on May 04, 2022 Announcement • Apr 07
Allied Motion Technologies Inc., Annual General Meeting, May 04, 2022 Allied Motion Technologies Inc., Annual General Meeting, May 04, 2022, at 09:00 US Eastern Standard Time. Agenda: To elect seven directors of the company; to provide an advisory approval of the compensation of our Named Executive Officers; to ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the 2022 fiscal year; and to transact such other business as may properly come before the 2022 Annual Meeting or any adjournment thereof. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €26.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 30x in the Electrical industry in Germany. Total returns to shareholders of 15% over the past three years. Upcoming Dividend • Mar 15
Upcoming dividend of US$0.025 per share Eligible shareholders must have bought the stock before 22 March 2022. Payment date: 06 April 2022. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (0.9%). Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.67 (up from US$0.96 in FY 2020). Revenue: US$403.5m (up 10.0% from FY 2020). Net income: US$24.1m (up 77% from FY 2020). Profit margin: 6.0% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Announcement • Mar 01
Allied Motion Technologies Inc. to Report Q4, 2021 Results on Mar 09, 2022 Allied Motion Technologies Inc. announced that they will report Q4, 2021 results After-Market on Mar 09, 2022 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 17% share price gain to €36.80, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 31x in the Electrical industry in Germany. Total returns to shareholders of 42% over the past three years. Announcement • Jan 01
Allied Motion Technologies Inc. (NasdaqGM:AMOT) acquired Spectrum Controls, Inc. for $70 million. Allied Motion Technologies Inc. (NasdaqGM:AMOT) acquired Spectrum Controls, Inc. for $70 million on December 31, 2021. The purchase price was $70 million, of which $45 million was paid at closing with a combination of $27 million in cash and the remainder in the Company’s common stock at a price of $35.82 per share. The remaining $25 million will be paid in two equal payments in 2022 and 2023 comprised of 50% cash and 50% stock. In 2022, Spectrum is expected to be accretive to both Allied’s earnings per share and gross margin profile. The acquisition structure includes a tax election that is expected to offset cash taxes by approximately $10 million over the next 15 years.
Allied Motion Technologies Inc. (NasdaqGM:AMOT) completed the acquisition of Spectrum Controls, Inc. on December 31, 2021. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 21% share price gain to €37.20, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 41% over the past three years. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.025 per share Eligible shareholders must have bought the stock before 16 November 2021. Payment date: 01 December 2021. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.7%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.41 (vs US$0.28 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$103.5m (up 9.4% from 3Q 2020). Net income: US$5.97m (up 49% from 3Q 2020). Profit margin: 5.8% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 
