AMETEK, Inc.

NYSE:AME Stock Report

Market Cap: US$40.5b

AMETEK Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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.

Discounted Cash Flow
Simply Wall St
US$180.67
Fair Value
5.7% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: AME ($170.39) is trading below our estimate of fair value ($180.67)

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

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 Ratio28.6x
EarningsUS$1.38b
Market CapUS$40.51b

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 Average35.5x
ROK Rockwell Automation
31.9x11.7%US$30.3b
VRT Vertiv Holdings Co
57x24.7%US$29.1b
EMR Emerson Electric
30.1x16.3%US$63.2b
HUBB Hubbell
22.9x8.5%US$18.3b
AME AMETEK
28.6x7.7%US$40.5b

Price-To-Earnings vs Peers: AME is good value based on its Price-To-Earnings Ratio (28.6x) compared to the peer average (35.5x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HLGN Heliogen
0.2xn/aUS$5.45m
KRFG OneSolution Technology
1.7xn/aUS$1.33m
No more companies available in this PE range
AME 28.6xIndustry Avg. 23.7xNo. of Companies5PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AME is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the US Electrical industry average (23.7x).

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 Ratio28.6x
Fair PE Ratio24.2x

Price-To-Earnings vs Fair Ratio: AME is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).

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$170.39
US$199.15
+16.9%
9.1%US$225.00US$158.00n/a16
Mar ’26US$189.30
US$199.15
+5.2%
9.1%US$225.00US$158.00n/a16
Feb ’26US$184.56
US$200.15
+8.4%
9.6%US$225.00US$158.00n/a16
Jan ’26US$180.26
US$197.30
+9.5%
10.7%US$225.00US$157.12n/a17
Dec ’25US$194.38
US$197.07
+1.4%
9.9%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$165.00US$189.3014
Feb ’25US$165.87
US$180.64
+8.9%
7.4%US$209.00US$160.00US$184.5614
Jan ’25US$164.89
US$174.07
+5.6%
6.9%US$200.00US$154.00US$180.2614
Dec ’24US$157.05
US$173.73
+10.6%
6.1%US$195.00US$154.00US$194.3815
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
Analyst Price Target
Consensus Narrative from 16 Analysts
US$199.15
Fair Value
14.4% undervalued intrinsic discount
16
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/28 21:25
End of Day Share Price 2025/03/28 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AMETEK, Inc. is covered by 30 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert MasonBaird
Andrew BuscagliaBerenberg
Scott GrahamBMO Capital Markets Equity Research