AMETEK Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: AME ($193.33) is trading above our estimate of fair value ($175.59)

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


Key Valuation Metric

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

Key metric: As AME is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AME. This is calculated by dividing AME's market cap by their current earnings.
What is AME's PE Ratio?
PE Ratio33.6x
EarningsUS$1.33b
Market CapUS$44.75b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AME vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.9x
VRT Vertiv Holdings Co
88.8x31.2%US$52.9b
ROK Rockwell Automation
33.3x11.2%US$31.4b
EMR Emerson Electric
45.7x18.8%US$74.2b
HUBB Hubbell
31.9x10.3%US$24.3b
AME AMETEK
33.6x9.8%US$44.7b

Price-To-Earnings vs Peers: AME is good value based on its Price-To-Earnings Ratio (33.6x) compared to the peer average (49.9x).


Price to Earnings Ratio vs Industry

How does AME's PE Ratio compare vs other companies in the US Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
KRFG OneSolution Technology
0.7xn/aUS$1.16m
No more companies available in this PE range
AME 33.6xIndustry Avg. 22.9xNo. of Companies6PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AME is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the US Electrical industry average (22.9x).


Price to Earnings Ratio vs Fair Ratio

What is AME'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.

AME PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.6x
Fair PE Ratio25.7x

Price-To-Earnings vs Fair Ratio: AME is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the estimated Fair Price-To-Earnings Ratio (25.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AME forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$193.33
US$196.41
+1.6%
9.7%US$221.00US$157.12n/a15
Nov ’25US$178.43
US$194.67
+9.1%
9.7%US$221.00US$157.12n/a15
Oct ’25US$169.10
US$187.32
+10.8%
8.4%US$215.00US$158.00n/a15
Sep ’25US$171.05
US$187.25
+9.5%
8.9%US$215.00US$158.00n/a15
Aug ’25US$159.13
US$191.12
+20.1%
7.6%US$215.00US$165.00n/a15
Jul ’25US$165.57
US$192.12
+16.0%
8.0%US$216.00US$165.00n/a15
Jun ’25US$169.58
US$191.93
+13.2%
8.3%US$216.00US$165.00n/a14
May ’25US$173.98
US$192.30
+10.5%
8.3%US$216.00US$165.00n/a14
Apr ’25US$180.46
US$189.59
+5.1%
7.3%US$210.00US$165.00n/a14
Mar ’25US$180.68
US$186.73
+3.3%
6.7%US$209.00US$165.00n/a14
Feb ’25US$165.87
US$180.64
+8.9%
7.4%US$209.00US$160.00n/a14
Jan ’25US$164.89
US$174.07
+5.6%
6.9%US$200.00US$154.00n/a14
Dec ’24US$157.05
US$173.73
+10.6%
6.1%US$195.00US$154.00n/a15
Nov ’24US$142.40
US$171.71
+20.6%
6.6%US$195.00US$153.00US$178.4316
Oct ’24US$147.76
US$172.77
+16.9%
6.4%US$195.00US$149.00US$169.1016
Sep ’24US$160.65
US$171.96
+7.0%
6.7%US$195.00US$149.00US$171.0516
Aug ’24US$159.45
US$165.29
+3.7%
6.6%US$185.00US$149.00US$159.1315
Jul ’24US$161.88
US$162.69
+0.5%
5.1%US$180.00US$149.00US$165.5715
Jun ’24US$146.95
US$162.49
+10.6%
4.9%US$180.00US$149.00US$169.5815
May ’24US$139.34
US$160.31
+15.0%
5.5%US$177.00US$145.00US$173.9813
Apr ’24US$145.33
US$160.43
+10.4%
5.5%US$177.00US$145.00US$180.4614
Mar ’24US$141.65
US$160.43
+13.3%
5.5%US$177.00US$145.00US$180.6814
Feb ’24US$145.15
US$155.50
+7.1%
5.4%US$170.00US$138.00US$165.8715
Jan ’24US$139.72
US$152.91
+9.4%
6.9%US$170.00US$135.00US$164.8916
Dec ’23US$143.29
US$151.84
+6.0%
7.4%US$170.00US$135.00US$157.0516
Nov ’23US$132.03
US$146.63
+11.1%
8.3%US$170.00US$129.00US$142.4016

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies