Ampco-Pittsburgh
Market Cap
US$135.0m
Last Updated
2021/04/11 22:02 UTC
Data Sources
Company Financials
Executive Summary
Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells specialty metal products and customized equipment to commercial and industrial users worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with acceptable track record.
Similar Companies
Share Price & News
How has Ampco-Pittsburgh's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: AP's weekly volatility (11%) has been stable over the past year.
Market Performance
7 Day Return
-7.0%
AP
-0.3%
US Metals and Mining
2.1%
US Market
1 Year Return
148.6%
AP
90.5%
US Metals and Mining
56.3%
US Market
Return vs Industry: AP exceeded the US Metals and Mining industry which returned 90.5% over the past year.
Return vs Market: AP exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| AP | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.0% | -0.3% | 2.1% |
| 30 Day | -12.7% | -2.8% | 2.4% |
| 90 Day | -2.5% | 7.9% | 6.8% |
| 1 Year | 148.6%148.6% | 94.7%90.5% | 59.1%56.3% |
| 3 Year | -30.8%-30.8% | 38.0%28.8% | 65.7%55.1% |
| 5 Year | -59.5%-60.6% | 124.8%104.4% | 122.3%97.7% |
Long-Term Price Volatility Vs. Market
How volatile is Ampco-Pittsburgh's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Ampco-Pittsburgh (NYSE:AP) A Risky Investment?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Ampco-Pittsburgh Corporation (NYSE:AP)1 month ago | Simply Wall St
Does Ampco-Pittsburgh's (NYSE:AP) Statutory Profit Adequately Reflect Its Underlying Profit?Valuation
Is Ampco-Pittsburgh undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AP ($7.16) is trading below our estimate of fair value ($127.71)
Significantly Below Fair Value: AP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AP is good value based on its PE Ratio (12.8x) compared to the US Metals and Mining industry average (18.5x).
PE vs Market: AP is good value based on its PE Ratio (12.8x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AP is good value based on its PB Ratio (1.7x) compared to the US Metals and Mining industry average (2.3x).
Future Growth
How is Ampco-Pittsburgh forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.5%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ampco-Pittsburgh has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Ampco-Pittsburgh performed over the past 5 years?
18.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AP has high quality earnings.
Growing Profit Margin: AP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AP has become profitable over the past 5 years, growing earnings by 18.2% per year.
Accelerating Growth: AP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5%).
Return on Equity
High ROE: AP's Return on Equity (10.8%) is considered low.
Financial Health
How is Ampco-Pittsburgh's financial position?
Financial Position Analysis
Short Term Liabilities: AP's short term assets ($171.8M) exceed its short term liabilities ($105.3M).
Long Term Liabilities: AP's short term assets ($171.8M) do not cover its long term liabilities ($272.9M).
Debt to Equity History and Analysis
Debt Level: AP's debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: AP's debt to equity ratio has increased from 6.6% to 19.1% over the past 5 years.
Debt Coverage: AP's debt is well covered by operating cash flow (207%).
Interest Coverage: AP's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
Dividend
What is Ampco-Pittsburgh current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AP'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?
3.5yrs
Average management tenure
CEO
J. McBrayer (54 yo)
2.75yrs
Tenure
US$1,828,151
Compensation
Mr. J. Brett McBrayer has been Chief Executive Officer and Director of Ampco-Pittsburgh Corporation since July 1, 2018. Mr. McBrayer has international business and manufacturing leadership. He served as Pr...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD1.83M) is above average for companies of similar size in the US market ($USD510.93K).
Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AP's management team is considered experienced (3.5 years average tenure).
Board Members
Experienced Board: AP's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.9%.
Top Shareholders
Company Information
Ampco-Pittsburgh Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ampco-Pittsburgh Corporation
- Ticker: AP
- Exchange: NYSE
- Founded: 1929
- Industry: Steel
- Sector: Materials
- Market Cap: US$134.950m
- Shares outstanding: 18.85m
- Website: https://ampcopgh.com
Number of Employees
Location
- Ampco-Pittsburgh Corporation
- 726 Bell Avenue
- Suite 301
- Carnegie
- Pennsylvania
- 15106
- United States
Listings
Biography
Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells specialty metal products and customized equipment to commercial and industrial users worldwide. It operates in two segme...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 22:02 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.