Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells specialty metal products and customized equipment to commercial and industrial users worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$4.83|
|52 Week High||US$3.27|
|52 Week Low||US$8.81|
|1 Month Change||1.68%|
|3 Month Change||-21.46%|
|1 Year Change||36.44%|
|3 Year Change||-18.14%|
|5 Year Change||-56.45%|
|Change since IPO||-59.75%|
Recent News & Updates
|AP||US Metals and Mining||US Market|
Return vs Industry: AP underperformed the US Metals and Mining industry which returned 42.6% over the past year.
Return vs Market: AP exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: AP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AP's weekly volatility (7%) has been stable over the past year.
About the Company
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 segments, Forged and Cast Engineered Products; and Air and Liquid Processing. The Forged and Cast Engineered Products segment produces forged hardened steel rolls that are used in cold rolling mills by producers of steel, aluminum, and other metals; cast rolls for hot and cold strip, medium/heavy section, hot strip finishing, roughing, and plate mills in various iron and steel qualities; and forged engineered products for use in the steel distribution, oil and gas, and aluminum and plastic extrusion industries.
Ampco-Pittsburgh Fundamentals Summary
|AP fundamental statistics|
Is AP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AP income statement (TTM)|
|Cost of Revenue||US$271.62m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||1.28%|
How did AP perform over the long term?See historical performance and comparison
Is Ampco-Pittsburgh undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AP is poor value based on its PE Ratio (21x) compared to the US Metals and Mining industry average (11.3x).
PE vs Market: AP is poor value based on its PE Ratio (21x) compared to the US market (17.9x).
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 (1.1x) compared to the US Metals and Mining industry average (2.3x).
How is Ampco-Pittsburgh forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Ampco-Pittsburgh performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AP has high quality earnings.
Growing Profit Margin: AP's current net profit margins (1.3%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: AP has become profitable over the past 5 years, growing earnings by 39% per year.
Accelerating Growth: AP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AP had negative earnings growth (-30.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (108.8%).
Return on Equity
High ROE: AP's Return on Equity (5.7%) is considered low.
How is Ampco-Pittsburgh's financial position?
Financial Position Analysis
Short Term Liabilities: AP's short term assets ($186.0M) exceed its short term liabilities ($116.8M).
Long Term Liabilities: AP's short term assets ($186.0M) do not cover its long term liabilities ($260.5M).
Debt to Equity History and Analysis
Debt Level: AP's debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: AP's debt to equity ratio has increased from 19.1% to 21.6% over the past 5 years.
Debt Coverage: AP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AP's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Ampco-Pittsburgh current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
J. McBrayer (55 yo)
Mr. J. Brett McBrayer has been Chief Executive Officer and Director of Ampco-Pittsburgh Corporation since July 1, 2018. Mr. McBrayer has international business and manufacturing leadership. He served as Pr...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD1.83M) is above average for companies of similar size in the US market ($USD548.10K).
Compensation vs Earnings: J.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: AP's management team is considered experienced (3.9 years average tenure).
Experienced Board: AP's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.
Ampco-Pittsburgh Corporation's employee growth, exchange listings and data sources
- Name: Ampco-Pittsburgh Corporation
- Ticker: AP
- Exchange: NYSE
- Founded: 1929
- Industry: Steel
- Sector: Materials
- Market Cap: US$92.223m
- Shares outstanding: 19.09m
- Website: https://ampcopgh.com
Number of Employees
- Ampco-Pittsburgh Corporation
- 726 Bell Avenue
- Suite 301
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:02|
|End of Day Share Price||2021/09/24 00:00|
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.