NasdaqGM:AMOT

Stock Analysis Report

Executive Summary

Allied Motion Technologies Inc. designs, manufactures, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide.

Rewards

Earnings are forecast to grow 23.73% per year

Earnings grew by 20.8% over the past year

Risk Analysis

Debt is not well covered by operating cash flow



Snowflake Analysis

Solid track record with reasonable growth potential.


Similar Companies

Share Price & News

How has Allied Motion Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMOT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.02%

AMOT

0.7%

US Electrical

0.9%

US Market


1 Year Return

6.1%

AMOT

14.0%

US Electrical

20.0%

US Market

Return vs Industry: AMOT underperformed the US Electrical industry which returned 14.1% over the past year.

Return vs Market: AMOT underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

AMOTIndustryMarket
7 Day-0.02%0.7%0.9%
30 Day-7.6%0.3%1.4%
90 Day5.1%5.9%8.8%
1 Year6.5%6.1%16.4%14.0%22.5%20.0%
3 Year98.4%96.6%34.4%26.6%49.9%40.3%
5 Year71.1%67.9%47.8%33.2%73.2%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Allied Motion Technologies undervalued compared to its fair value and its price relative to the market?

26.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AMOT ($45.68) is trading above our estimate of fair value ($14.77)

Significantly Below Fair Value: AMOT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMOT is poor value based on its PE Ratio (26.5x) compared to the Electrical industry average (21.1x).

PE vs Market: AMOT is poor value based on its PE Ratio (26.5x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: AMOT is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: AMOT is overvalued based on its PB Ratio (3.9x) compared to the US Electrical industry average (1.8x).


Next Steps

Future Growth

How is Allied Motion Technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

23.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMOT's forecast earnings growth (23.7% per year) is above the savings rate (1.7%).

Earnings vs Market: AMOT's earnings (23.7% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMOT's revenue (8% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: AMOT's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AMOT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Allied Motion Technologies performed over the past 5 years?

3.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMOT has high quality earnings.

Growing Profit Margin: AMOT's current net profit margins (4.5%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: AMOT's earnings have grown by 3.4% per year over the past 5 years.

Accelerating Growth: AMOT's earnings growth over the past year (20.8%) exceeds its 5-year average (3.4% per year).

Earnings vs Industry: AMOT earnings growth over the past year (20.8%) exceeded the Electrical industry -1.9%.


Return on Equity

High ROE: AMOT's Return on Equity (14.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Allied Motion Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: AMOT's short term assets ($120.0M) exceed its short term liabilities ($48.2M).

Long Term Liabilities: AMOT's short term assets ($120.0M) do not cover its long term liabilities ($146.2M).


Debt to Equity History and Analysis

Debt Level: AMOT's debt to equity ratio (102.8%) is considered high.

Reducing Debt: AMOT's debt to equity ratio has reduced from 150.4% to 102.8% over the past 5 years.

Debt Coverage: AMOT's debt is not well covered by operating cash flow (19.8%).

Interest Coverage: AMOT's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet

Inventory Level: AMOT has a high level of physical assets or inventory.

Debt Coverage by Assets: AMOT's debt is covered by short term assets (assets are 1x debt).


Next Steps

Dividend

What is Allied Motion Technologies's current dividend yield, its reliability and sustainability?

0.26%

Current Dividend Yield


Dividend Yield vs Market

company0.3%marketbottom25%1.4%markettop25%3.7%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: AMOT's dividend (0.26%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: AMOT's dividend (0.26%) is low compared to the top 25% of dividend payers in the US market (3.69%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: AMOT is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

5.7yrs

Average board tenure


CEO

Dick Warzala (66yo)

10.8yrs

Tenure

US$2,399,704

Compensation

Mr. Richard S. Warzala, also known as Dick, has been the Chief Executive Officer of Allied Motion Technologies Inc. at Allied Motion Canada Inc. since May 12, 2009 and has been its President since jointed  ...


CEO Compensation Analysis

Compensation vs Market: Dick's total compensation ($USD2.40M) is above average for companies of similar size in the US market ($USD1.68M).

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


Board Members

NamePositionTenureCompensationOwnership
Richard Warzala
Chairman10.8yrsUS$2.40m10.89% $47.7m
Richard Smith
Director23.5yrsUS$123.69k4.69% $20.6m
James Tanous
Independent Director5.8yrsUS$112.92k0.17% $737.5k
Richard Federico
Lead Independent Director3.9yrsUS$139.62k0.41% $1.8m
Gerald Laber
Independent Director9.3yrsUS$109.88k0.41% $1.8m
Robert Engel
Independent Director0.3yrsno data0.11% $490.1k
Michael Winter
Independent Director5.6yrsUS$114.95k0.17% $736.3k
Linda Duch
Independent Director1.4yrsUS$35.03k0.022% $96.4k

5.7yrs

Average Tenure

66yo

Average Age

Experienced Board: AMOT's board of directors are considered experienced (5.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: AMOT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Allied Motion Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Allied Motion Technologies Inc.
  • Ticker: AMOT
  • Exchange: NasdaqGM
  • Founded: 1962
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$438.524m
  • Shares outstanding: 9.60m
  • Website: https://www.alliedmotion.com

Number of Employees


Location

  • Allied Motion Technologies Inc.
  • 495 Commerce Drive
  • Amherst
  • New York
  • 14228
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMOTNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJan 1969
HWYDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969

Biography

Allied Motion Technologies Inc. designs, manufactures, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. It provides automotive brushless (BL) DC motors, power steering solutions, and special purpose motors; fractional horsepower permanent magnet DC and BLDC motors serving a range of original equipment applications; and high performance BLDC motors, including servo motors, frameless motors, torque motors, slot less motors, high resolution encoders, and motor/encoder assemblies. The company also offers gearing solutions in stand-alone and integrated gearing/motor configurations; advanced electronic motion control products and custom solutions, including integrated power electronics, digital controls, and network communications for motor control and power conversion; and steering system components. In addition, it provides fractional horsepower BLDC outer rotor motors and traditional BLDC motor part sets; synchronous BLDC servo motor solutions and asynchronous BLDC motors; trolleys for use in medical environments; and electronic and magnetic products to monitor and resolve power quality and harmonic distortion issues, as well as electronic controls and platform based integrated steering system solutions. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, as well as authorized manufacturers’ representatives, agents, and distributors. Allied Motion Technologies Inc. was founded in 1962 and is headquartered in Amherst, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 23:41
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
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.