Company Valuation: AMETEK, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,014 32,087 38,056 41,696 47,263 53,033 - -
Change - -5.66% 18.6% 9.56% 13.35% 12.21% - -
Enterprise Value (EV) 1 36,212 34,127 40,960 43,401 49,089 54,720 56,881 55,017
Change - -5.76% 20.02% 5.96% 13.1% 11.47% 3.95% -3.28%
P/E 34.6x 27.9x 29.1x 30.4x 32.1x 31.6x 28.3x 24.5x
PBR 4.96x 4.3x 4.36x 4.33x 4.47x 4.53x 4.02x 3.58x
PEG - 1.6x 2.2x 6.63x 4.05x 2.2x 2.4x 1.6x
Capitalization / Revenue 6.13x 5.22x 5.77x 6.01x 6.39x 6.45x 5.35x 5.05x
EV / Revenue 6.53x 5.55x 6.21x 6.25x 6.63x 6.66x 5.74x 5.24x
EV / EBITDA 22.6x 18.7x 20x 19.8x 20.8x 20.9x 17.7x 15.9x
EV / EBIT 27.7x 22.7x 24x 24x 25.4x 24.9x 21.5x 18.8x
EV / FCF 34.5x 33.8x 25.6x 25.5x 29.4x 28.9x 25.1x 21.1x
FCF Yield 2.9% 2.96% 3.9% 3.92% 3.41% 3.46% 3.98% 4.74%
Dividend per Share 2 0.8 0.88 1 1.12 1.24 1.362 1.479 1.607
Rate of return 0.54% 0.63% 0.61% 0.62% 0.6% 0.59% 0.64% 0.69%
EPS 2 4.25 5.01 5.67 5.93 6.4 7.331 8.187 9.43
Distribution rate 18.8% 17.6% 17.6% 18.9% 19.4% 18.6% 18.1% 17%
Net sales 1 5,547 6,151 6,597 6,941 7,401 8,221 9,911 10,508
EBITDA 1 1,601 1,820 2,045 2,192 2,358 2,612 3,206 3,457
EBIT 1 1,309 1,501 1,707 1,809 1,936 2,194 2,644 2,927
Net income 1 990.1 1,160 1,313 1,376 1,480 1,683 1,860 2,138
Net Debt 1 2,197 2,040 2,904 1,706 1,825 1,687 3,848 1,984
Reference price 2 147.04 139.72 164.89 180.26 205.31 231.32 231.32 231.32
Nbr of stocks (in thousands) 231,325 229,654 230,799 231,308 230,204 229,261 - -
Announcement Date 2/3/22 2/2/23 2/6/24 2/4/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.56x6.66x20.95x0.59% 53.03B
25.83x3.04x16.56x2.03% 247B
17.27x2.25x10.09x2.96% 250B
30.45x3.91x18.03x1.61% 188B
34.71x5.18x22.04x1.1% 152B
45.4x6.1x27.2x0.94% 153B
42.37x6.97x28.07x0.1% 98.55B
89.32x11.24x63.82x0.35% 94.17B
30.21x4.91x17.08x1.5% 82.35B
30.01x5.35x20.35x1.34% 54.81B
Average 37.71x 5.56x 24.42x 1.25% 137.26B
Weighted average by Cap. 34.26x 4.78x 21.80x 1.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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