BME:AMP

Stock Analysis Report

Executive Summary

Amper, S.A. provides technological solutions in Madrid and internationally.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Amper's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.8%

AMP

4.3%

ES Communications

0.5%

ES Market


1 Year Return

3.3%

AMP

1.3%

ES Communications

4.6%

ES Market

Return vs Industry: AMP exceeded the Spanish Communications industry which returned 1.3% over the past year.

Return vs Market: AMP underperformed the Spanish Market which returned 4.6% over the past year.


Shareholder returns

AMPIndustryMarket
7 Day0.8%4.3%0.5%
30 Day0.6%5.1%1.6%
90 Day2.5%4.1%0.4%
1 Year3.3%3.3%2.9%1.3%8.1%4.6%
3 Year133.9%128.3%43.9%34.0%13.6%3.1%
5 Year194.9%-59.6%2.7%-12.1%9.0%-11.5%

Price Volatility Vs. Market

How volatile is Amper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Amper undervalued compared to its fair value and its price relative to the market?

29.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: AMP (€0.26) is trading above our estimate of fair value (€0.04)

Significantly Undervalued: AMP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMP is poor value based on its PE Ratio (29.2x) compared to the Communications industry average (18.3x).

PE vs Market: AMP is poor value based on its PE Ratio (29.2x) compared to the Spanish market (16.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: AMP is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: AMP is overvalued based on its PB Ratio (5.7x) compared to the XE Communications industry average (1.7x).


Next Steps

Future Growth

How is Amper forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMP's forecast earnings growth (18.8% per year) is above the savings rate (1.5%).

Earnings vs Market: AMP's earnings (18.8% per year) are forecast to grow faster than the Spanish market (7.6% per year).

High Growth Earnings: AMP's earnings are forecast to grow, but not significantly.

Revenue vs Market: AMP's revenue (2.5% per year) is forecast to grow slower than the Spanish market (3.7% per year).

High Growth Revenue: AMP's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: AMP's Return on Equity is forecast to be high in 3 years time (23%)


Next Steps

Past Performance

How has Amper performed over the past 5 years?

27.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AMP has become profitable over the past 5 years, growing earnings by 27.8% per year.

Accelerating Growth: AMP's earnings growth over the past year (407.3%) exceeds its 5-year average (27.8% per year).

Earnings vs Industry: AMP earnings growth over the past year (407.3%) exceeded the Communications industry 31.9%.


Return on Equity

High ROE: AMP's Return on Equity (28%) is considered high.


Return on Assets

ROA vs Industry: AMP's Return on Assets is below or equal to the Communications industry average last year.


Return on Capital Employed

ROCE Improving: AMP's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Amper's financial position?


Financial Position Analysis

Short Term Liabilities: AMP's short term assets (€91.4M) exceeds its short term liabilities (€67.8M)

Long Term Liabilities: AMP's short term assets (91.4M) exceeds its long term liabilities (23.0M)


Debt to Equity History and Analysis

Debt Level: AMP's debt to equity ratio (25.6%) is considered satisfactory

Reducing Debt: AMP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: AMP's debt is well covered by operating cash flow (320.6%).

Interest Coverage: AMP's interest payments on its debt are well covered by EBIT (37.3x coverage).


Balance Sheet

Inventory Level: AMP has a low level of unsold assets or inventory.

Debt Coverage by Assets: AMP's debt is covered by short term assets (assets are 7.142530x debt).


Next Steps

Dividend

What is Amper's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%5.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate AMP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AMP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if AMP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AMP is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMP's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

What is the CEO of Amper's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average board tenure


CEO

Amper has no CEO, or we have no data on them.


Board Age and Tenure

5.6yrs

Average Tenure

Experienced Board: AMP's board of directors are considered experienced (5.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jaime Espinosa de Los Monteros Pitarque

    Executive Chairman & MD

    • Tenure: 7.4yrs
    • Compensation: €18.00k
  • Juan Carlos Carmona Schmolling

    General Manager of Spain

    • Tenure: 0yrs
  • José Martos Martínez

    General Secretary

    • Tenure: 0yrs
  • Jorge Muñoz Peinador

    Human Resources Director

    • Tenure: 0yrs
  • Juan Porro Herrera

    Communication & Corporate Image Director

    • Tenure: 0yrs
  • Antonio Arenas Rodrigañez

    Executive Director

    • Tenure: 4.8yrs
    • Compensation: €20.00k
  • José Miguel Pinillos Lorenzana

    Secretary to the Board

    • Tenure: 0yrs

Board Members

  • Jaime Espinosa de Los Monteros Pitarque

    Executive Chairman & MD

    • Tenure: 7.4yrs
    • Compensation: €18.00k
  • Juan Ceña Poza

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: €20.00k
  • Rafael Cabezas Valeriano

    Director

    • Tenure: 5.6yrs
    • Compensation: €43.00k
  • Antonio Arenas Rodrigañez

    Executive Director

    • Tenure: 4.8yrs
    • Compensation: €20.00k
  • Cesar Revenga Buigues

    Counselor

    • Tenure: 0yrs
    • Compensation: €42.00k
  • Clemente Fernandez Gonzalez

    Member of the Advisory Board

    • Tenure: 0yrs
    • Compensation: €41.00k
  • Pedro Andrés Casado Vicente

    Director

    • Tenure: 2.3yrs
    • Compensation: €44.00k

Company Information

Amper, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Amper, S.A.
  • Ticker: AMP
  • Exchange: BME
  • Founded: 1956
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: €279.964m
  • Shares outstanding: 1.07b
  • Website: https://www.grupoamper.com

Number of Employees


Location

  • Amper, S.A.
  • C/ Virgilio, 2
  • Building 4
  • Madrid
  • Madrid
  • 28223
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMPBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURJan 1992
0NO6LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
APRDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
AMPEBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992

Biography

Amper, S.A. provides technological solutions in Madrid and internationally. The company offers deployments of the new FTTH fiber optic networks and the fourth generation mobile networks. It is also involve ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:47
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.