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ABC

AmerisourceBergen NYSE:ABC Stock Report

Last Price

US$150.18

Market Cap

US$31.5b

7D

-1.8%

1Y

25.1%

Updated

21 May, 2022

Data

Company Financials +
ABC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends4/6

ABC Stock Overview

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

AmerisourceBergen Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AmerisourceBergen
Historical stock prices
Current Share PriceUS$150.18
52 Week HighUS$167.19
52 Week LowUS$111.34
Beta0.45
1 Month Change-8.99%
3 Month Change6.13%
1 Year Change25.08%
3 Year Change86.14%
5 Year Change65.03%
Change since IPO4,985.46%

Recent News & Updates

Shareholder Returns

ABCUS HealthcareUS Market
7D-1.8%0.09%-2.7%
1Y25.1%2.5%-12.9%

Return vs Industry: ABC exceeded the US Healthcare industry which returned 2.5% over the past year.

Return vs Market: ABC exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is ABC's price volatile compared to industry and market?
ABC volatility
ABC Average Weekly Movement3.9%
Healthcare Industry Average Movement10.6%
Market Average Movement7.9%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: ABC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ABC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200140,000Steve Collishttps://www.amerisourcebergen.com

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers.

AmerisourceBergen Fundamentals Summary

How do AmerisourceBergen's earnings and revenue compare to its market cap?
ABC fundamental statistics
Market CapUS$31.46b
Earnings (TTM)US$1.73b
Revenue (TTM)US$229.67b

18.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABC income statement (TTM)
RevenueUS$229.67b
Cost of RevenueUS$221.58b
Gross ProfitUS$8.08b
Other ExpensesUS$6.36b
EarningsUS$1.73b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.24
Gross Margin3.52%
Net Profit Margin0.75%
Debt/Equity Ratio712.6%

How did ABC perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

22%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


42.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ABC ($150.18) is trading below our estimate of fair value ($262.23)

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


Price To Earnings Ratio

PE vs Industry: ABC is good value based on its PE Ratio (18.2x) compared to the US Healthcare industry average (19x).

PE vs Market: ABC is poor value based on its PE Ratio (18.2x) compared to the US market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: ABC is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: ABC is overvalued based on its PB Ratio (57.2x) compared to the US Healthcare industry average (2.6x).


Future Growth

How is AmerisourceBergen forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABC's forecast earnings growth (7.8% per year) is above the savings rate (1.9%).

Earnings vs Market: ABC's earnings (7.8% per year) are forecast to grow slower than the US market (12.5% per year).

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

Revenue vs Market: ABC's revenue (5.5% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: ABC's revenue (5.5% 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 (70.2%).


Past Performance

How has AmerisourceBergen performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-25.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ABC has high quality earnings.

Growing Profit Margin: ABC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ABC's earnings have declined by 25.4% per year over the past 5 years.

Accelerating Growth: ABC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ABC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare industry (8.8%).


Return on Equity

High ROE: Whilst ABC's Return on Equity (191.66%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is AmerisourceBergen's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ABC's short term assets ($39.4B) do not cover its short term liabilities ($42.8B).

Long Term Liabilities: ABC's short term assets ($39.4B) exceed its long term liabilities ($13.6B).


Debt to Equity History and Analysis

Debt Level: ABC's net debt to equity ratio (385.8%) is considered high.

Reducing Debt: ABC's debt to equity ratio has increased from 175.8% to 712.6% over the past 5 years.

Debt Coverage: ABC's debt is well covered by operating cash flow (51.8%).

Interest Coverage: ABC's interest payments on its debt are well covered by EBIT (13.8x coverage).


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.23%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ABC's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: ABC's dividend (1.23%) is low compared to the top 25% of dividend payers in the US market (4.11%).


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.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.7%), ABC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.5%), ABC's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Steve Collis (60 yo)

11.5yrs

Tenure

US$14,873,815

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 ($USD14.87M) is about average for companies of similar size in the US market ($USD13.34M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ABC's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: ABC's board of directors are seasoned and experienced ( 11.5 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 employee growth, exchange listings and data sources


Key Information

  • Name: AmerisourceBergen Corporation
  • Ticker: ABC
  • Exchange: NYSE
  • Founded: 2001
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Implied Market Cap: US$31.457b
  • Shares outstanding: 209.46m
  • Website: https://www.amerisourcebergen.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.