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AMP

Amplifon BIT:AMP Stock Report

Last Price

€29.80

Market Cap

€6.7b

7D

13.3%

1Y

-27.8%

Updated

26 Jun, 2022

Data

Company Financials +
AMP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance5/6
Financial Health2/6
Dividends0/6

AMP Stock Overview

Amplifon S.p.A. retails hearing care products and services that help people rediscover various emotions of sound.

Amplifon Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Amplifon
Historical stock prices
Current Share Price€29.80
52 Week High€47.59
52 Week Low€25.26
Beta1.02
1 Month Change-7.94%
3 Month Change-20.93%
1 Year Change-27.79%
3 Year Change44.94%
5 Year Change157.79%
Change since IPO1,142.18%

Recent News & Updates

Jun 09
We Think Amplifon (BIT:AMP) Can Manage Its Debt With Ease

We Think Amplifon (BIT:AMP) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

AMPIT HealthcareIT Market
7D13.3%12.8%1.1%
1Y-27.8%-27.6%-15.6%

Return vs Industry: AMP matched the Italian Healthcare industry which returned -27.6% over the past year.

Return vs Market: AMP underperformed the Italian Market which returned -15.6% over the past year.

Price Volatility

Is AMP's price volatile compared to industry and market?
AMP volatility
AMP Average Weekly Movement6.1%
Healthcare Industry Average Movement6.1%
Market Average Movement5.1%
10% most volatile stocks in IT Market7.2%
10% least volatile stocks in IT Market3.3%

Stable Share Price: AMP is more volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AMP's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Italian stocks.

About the Company

FoundedEmployeesCEOWebsite
195012,587Enrico Vitahttps://corporate.amplifon.com

Amplifon S.p.A. retails hearing care products and services that help people rediscover various emotions of sound. The company offers ampli-easy, ampli-mini, ampli-connect, and ampli-energy hearing devices. It also provides fitting of customized products.

Amplifon Fundamentals Summary

How do Amplifon's earnings and revenue compare to its market cap?
AMP fundamental statistics
Market Cap€6.67b
Earnings (TTM)€171.49m
Revenue (TTM)€2.02b

38.9x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMP income statement (TTM)
Revenue€2.02b
Cost of Revenue€1.51b
Gross Profit€505.22m
Other Expenses€333.73m
Earnings€171.49m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)0.77
Gross Margin25.07%
Net Profit Margin8.51%
Debt/Equity Ratio116.8%

How did AMP perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

34%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is AMP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMP?

Other financial metrics that can be useful for relative valuation.

AMP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4x
Enterprise Value/EBITDA20.4x
PEG Ratio2.7x

Price to Earnings Ratio vs Peers

How does AMP's PE Ratio compare to its peers?

AMP PE Ratio vs Peers
The above table shows the PE ratio for AMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.2x

Price-To-Earnings vs Peers: AMP is expensive based on its Price-To-Earnings Ratio (38.9x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does AMP's PE Ratio compare vs other companies in the Healthcare Industry?

Price-To-Earnings vs Industry: AMP is expensive based on its Price-To-Earnings Ratio (38.9x) compared to the Italian Healthcare industry average (19.4x)


Price to Earnings Ratio vs Fair Ratio

What is AMP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.9x
Fair PE Ratio32.3x

Price-To-Earnings vs Fair Ratio: AMP is expensive based on its Price-To-Earnings Ratio (38.9x) compared to the estimated Fair Price-To-Earnings Ratio (32.3x).


Share Price vs Fair Value

What is the Fair Price of AMP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMP (€29.8) is trading below our estimate of fair value (€30.97)

Significantly Below Fair Value: AMP is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: AMP is poor value based on its PEG Ratio (2.7x)


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Future Growth

How is Amplifon forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMP's forecast earnings growth (14.2% per year) is above the savings rate (1.7%).

Earnings vs Market: AMP's earnings (14.2% per year) are forecast to grow faster than the Italian market (10.3% per year).

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

Revenue vs Market: AMP's revenue (7.2% per year) is forecast to grow faster than the Italian market (0.3% per year).

High Growth Revenue: AMP's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMP's Return on Equity is forecast to be high in 3 years time (22.7%)


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Past Performance

How has Amplifon performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMP has high quality earnings.

Growing Profit Margin: AMP's current net profit margins (8.5%) are higher than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: AMP's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: AMP's earnings growth over the past year (50.3%) exceeds its 5-year average (13.2% per year).

Earnings vs Industry: AMP earnings growth over the past year (50.3%) exceeded the Healthcare industry 44.8%.


Return on Equity

High ROE: AMP's Return on Equity (17.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Amplifon's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AMP's short term assets (€630.7M) do not cover its short term liabilities (€896.1M).

Long Term Liabilities: AMP's short term assets (€630.7M) do not cover its long term liabilities (€1.7B).


Debt to Equity History and Analysis

Debt Level: AMP's net debt to equity ratio (92.2%) is considered high.

Reducing Debt: AMP's debt to equity ratio has increased from 71.1% to 116.8% over the past 5 years.

Debt Coverage: AMP's debt is well covered by operating cash flow (41.2%).

Interest Coverage: AMP's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet


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Dividend

What is Amplifon current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.87%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AMP's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.71%).

High Dividend: AMP's dividend (0.87%) is low compared to the top 25% of dividend payers in the Italian market (5.19%).


Stability and Growth of Payments

Stable Dividend: AMP is not paying a notable dividend for the Italian market, therefore no need to check if payments are stable.

Growing Dividend: AMP is not paying a notable dividend for the Italian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: AMP is not paying a notable dividend for the Italian market.


Cash Payout to Shareholders

Cash Flow Coverage: AMP is not paying a notable dividend for the Italian market.


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Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average management tenure


CEO

Enrico Vita (52 yo)

6.67yrs

Tenure

€5,338,000

Compensation

Mr. Enrico Vita has been Chief Executive Officer of Amplifon SpA since October 22, 2015 and Executive Director since October 20, 2015 and also serves as its Managing Director. Mr. Vita served as Chief Oper...


CEO Compensation Analysis

Compensation vs Market: Enrico's total compensation ($USD5.63M) is above average for companies of similar size in the Italian market ($USD2.50M).

Compensation vs Earnings: Enrico's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: AMP's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: AMP's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Amplifon S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Amplifon S.p.A.
  • Ticker: AMP
  • Exchange: BIT
  • Founded: 1950
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Implied Market Cap: €6.672b
  • Shares outstanding: 223.89m
  • Website: https://corporate.amplifon.com

Number of Employees


Location

  • Amplifon S.p.A.
  • Via Ripamonti 133
  • Milan
  • Milan
  • 20141
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.