ABC

AmerisourceBergenNYSE:ABC Stock Report

Market Cap

US$25.8b

7D

0.5%

1Y

28.3%

Updated

16 Sep, 2021

Data

Company Financials +
ABC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends4/6

ABC Overview

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ABC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ABC's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

ABC

-0.6%

US Healthcare

-0.6%

US Market


1 Year Return

28.3%

ABC

33.0%

US Healthcare

33.7%

US Market

Return vs Industry: ABC underperformed the US Healthcare industry which returned 33% over the past year.

Return vs Market: ABC underperformed the US Market which returned 33.7% over the past year.


Shareholder returns

ABCIndustryMarket
7 Day0.5%-0.6%-0.6%
30 Day2.7%-0.5%1.4%
90 Day8.6%-0.5%5.4%
1 Year30.4%28.3%34.6%33.0%35.7%33.7%
3 Year43.8%36.4%39.1%33.2%61.2%51.2%
5 Year62.2%48.6%107.6%92.0%123.8%99.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

AmerisourceBergen Fundamentals Summary

How do AmerisourceBergen's earnings and revenue compare to its market cap?
ABC fundamental statistics
Market CapUS$25.81b
Earnings (TTM)-US$3.74b
Revenue (TTM)US$204.32b

0.1x

P/S Ratio

-6.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABC income statement (TTM)
RevenueUS$204.32b
Cost of RevenueUS$198.11b
Gross ProfitUS$6.21b
ExpensesUS$9.96b
Earnings-US$3.74b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-18.27
Gross Margin3.04%
Net Profit Margin-1.83%
Debt/Equity Ratio1,739.0%

How did ABC perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

-10%

Payout Ratio

Valuation

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

43.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ABC ($124.23) is trading below our estimate of fair value ($220)

Significantly Below Fair Value: ABC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ABC is unprofitable, so we can't compare its PE Ratio to the US Healthcare industry average.

PE vs Market: ABC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ABC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ABC is overvalued based on its PB Ratio (680x) compared to the US Healthcare industry average (3.3x).


Future Growth

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

23.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: ABC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ABC's is expected to become profitable in the next 3 years.

Revenue vs Market: ABC's revenue (7.7% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: ABC's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ABC's Return on Equity is forecast to be very high in 3 years time (81.2%).


Past Performance

How has AmerisourceBergen performed over the past 5 years?

-52.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABC is currently unprofitable.

Growing Profit Margin: ABC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ABC is unprofitable, and losses have increased over the past 5 years at a rate of 52.8% per year.

Accelerating Growth: Unable to compare ABC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABC is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (32.2%).


Return on Equity

High ROE: ABC has a negative Return on Equity (-914.78%), as it is currently unprofitable.


Financial Health

How is AmerisourceBergen's financial position?


Financial Position Analysis

Short Term Liabilities: ABC's short term assets ($37.3B) do not cover its short term liabilities ($39.6B).

Long Term Liabilities: ABC's short term assets ($37.3B) exceed its long term liabilities ($15.9B).


Debt to Equity History and Analysis

Debt Level: ABC's debt to equity ratio (1739%) is considered high.

Reducing Debt: ABC's debt to equity ratio has increased from 234.2% to 1739% over the past 5 years.

Debt Coverage: ABC's debt is well covered by operating cash flow (41.6%).

Interest Coverage: ABC's interest payments on its debt are well covered by EBIT (17.7x coverage).


Balance Sheet


Dividend

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

1.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ABC's dividend (1.42%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: ABC's dividend (1.42%) is low compared to the top 25% of dividend payers in the US market (3.58%).


Stability and Growth of Payments

Stable Dividend: ABC's dividends per share have been stable in the past 10 years.

Growing Dividend: ABC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: ABC is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: ABC's dividends in 3 years are forecast to be well covered by earnings (15.8% payout ratio).


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Steve Collis (60 yo)

10.17yrs

Tenure

US$14,295,140

Compensation

Mr. Steven H. Collis, also known as Steve, has been the Chief Executive Officer and President of AmerisourceBergen Corporation since July 2011 and November 2010 respectively. Previously, Mr. Collis served...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD14.30M) is about average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ABC's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: ABC's board of directors are considered experienced (7.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ABC 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

AmerisourceBergen Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AmerisourceBergen Corporation
  • Ticker: ABC
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Market Cap: US$25.813b
  • Shares outstanding: 207.79m
  • Website: https://www.amerisourcebergen.com

Number of Employees


Location

  • AmerisourceBergen Corporation
  • 1 West First Avenue
  • Conshohocken
  • Pennsylvania
  • 19428-1800
  • United States

Listings


Biography

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceut...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:48
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.