AP

Ampco-PittsburghNYSE:AP Stock Report

Market Cap

US$88.4m

7D

-0.2%

1Y

47.0%

Updated

22 Sep, 2021

Data

Company Financials
AP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

AP Overview

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells specialty metal products and customized equipment to commercial and industrial users worldwide.

Ampco-Pittsburgh Competitors

Roper Technologies

NYSE:ROP

US$48.6b

Xylem

NYSE:XYL

US$24.0b

Brooks Automation

NasdaqGS:BRKS

US$7.7b

ITT

NYSE:ITT

US$7.3b

Price History & Performance

Summary of all time highs, changes and price drops for Ampco-Pittsburgh
Historical stock prices
Current Share PriceUS$4.63
52 Week HighUS$3.07
52 Week LowUS$8.81
Beta1.07
1 Month Change-7.59%
3 Month Change-24.59%
1 Year Change46.98%
3 Year Change-28.77%
5 Year Change-58.84%
Change since IPO-61.42%

Recent News & Updates

Shareholder Returns

APUS Metals and MiningUS Market
7D-0.2%-9.4%-1.7%
1Y47.0%44.2%36.2%

Return vs Industry: AP exceeded the US Metals and Mining industry which returned 36.4% over the past year.

Return vs Market: AP exceeded the US Market which returned 31.5% over the past year.

Price Volatility

Is AP's price volatile compared to industry and market?
AP volatility
AP Beta1.07
Industry Beta1.31
Market Beta1

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

FoundedEmployeesCEOWebsite
19291,533J. McBrayerhttps://ampcopgh.com

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

How do Ampco-Pittsburgh's earnings and revenue compare to its market cap?
AP fundamental statistics
Market CapUS$88.40m
Earnings (TTM)US$4.39m
Revenue (TTM)US$341.93m

20.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AP income statement (TTM)
RevenueUS$341.93m
Cost of RevenueUS$271.62m
Gross ProfitUS$70.31m
ExpensesUS$65.92m
EarningsUS$4.39m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin20.56%
Net Profit Margin1.28%
Debt/Equity Ratio21.6%

How did AP perform over the long term?

See historical performance and comparison

Valuation

Is Ampco-Pittsburgh undervalued compared to its fair value and its price relative to the market?

20.14x

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 (20.1x) compared to the US Metals and Mining industry average (11.8x).

PE vs Market: AP is poor value based on its PE Ratio (20.1x) compared to the US market (17.5x).


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).


Future Growth

How is Ampco-Pittsburgh forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-5.1%

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?

39.0%

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 (102.1%).


Return on Equity

High ROE: AP's Return on Equity (5.7%) is considered low.


Financial Health

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).


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?

3.9yrs

Average management tenure


CEO

J. McBrayer (55 yo)

3.17yrs

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 ($USD1.83M) is above average for companies of similar size in the US market ($USD552.02K).

Compensation vs Earnings: J.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: AP's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: AP's board of directors are considered experienced (5.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

Ampco-Pittsburgh Corporation's 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$88.404m
  • Shares outstanding: 19.09m
  • Website: https://ampcopgh.com

Number of Employees


Location

  • Ampco-Pittsburgh Corporation
  • 726 Bell Avenue
  • Suite 301
  • Carnegie
  • Pennsylvania
  • 15106
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 22:32
End of Day Share Price2021/09/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.