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 56,797 - -
Change - -5.66% 18.6% 9.56% 13.35% 20.17% - -
Enterprise Value (EV) 1 36,212 34,127 40,960 43,401 49,089 60,407 60,684 58,897
Change - -5.76% 20.02% 5.96% 13.1% 23.06% 0.46% -2.94%
P/E 34.6x 27.9x 29.1x 30.4x 32.1x 33.8x 29.7x 26.2x
PBR 4.96x 4.3x 4.36x 4.33x 4.47x 4.76x 4.21x 3.74x
PEG - 1.6x 2.2x 6.63x 4.05x 2.3x 2.2x 1.9x
Capitalization / Revenue 6.13x 5.22x 5.77x 6.01x 6.39x 6.85x 5.72x 5.56x
EV / Revenue 6.53x 5.55x 6.21x 6.25x 6.63x 7.29x 6.11x 5.76x
EV / EBITDA 22.6x 18.7x 20x 19.8x 20.8x 22.9x 19x 17.5x
EV / EBIT 27.7x 22.7x 24x 24x 25.4x 27.4x 22.8x 20.7x
EV / FCF 34.5x 33.8x 25.6x 25.5x 29.4x 31.5x 27x 24x
FCF Yield 2.9% 2.96% 3.9% 3.92% 3.41% 3.17% 3.7% 4.17%
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% 0.55% 0.6% 0.65%
EPS 2 4.25 5.01 5.67 5.93 6.4 7.328 8.334 9.455
Distribution rate 18.8% 17.6% 17.6% 18.9% 19.4% 18.6% 17.8% 17%
Net sales 1 5,547 6,151 6,597 6,941 7,401 8,289 9,927 10,220
EBITDA 1 1,601 1,820 2,045 2,192 2,358 2,640 3,202 3,357
EBIT 1 1,309 1,501 1,707 1,809 1,936 2,208 2,662 2,842
Net income 1 990.1 1,160 1,313 1,376 1,480 1,680 1,911 2,150
Net Debt 1 2,197 2,040 2,904 1,706 1,825 3,610 3,886 2,100
Reference price 2 147.04 139.72 164.89 180.26 205.31 247.74 247.74 247.74
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.81x7.29x22.88x0.55% 56.8B
25.22x3.02x16.49x2.05% 240B
14.17x1.76x7.94x3.61% 205B
30.44x3.91x18.04x1.6% 185B
38.98x5.79x24.38x1% 171B
46.61x6.26x28.04x1.06% 156B
40.6x6.68x26.83x0.1% 94.44B
91.52x11.35x64.94x0.34% 94.93B
31.95x5.16x17.96x1.42% 87.09B
25.05x4.72x17.57x1.62% 51.16B
Average 37.83x 5.59x 24.51x 1.34% 134.14B
Weighted average by Cap. 35.06x 4.91x 22.31x 1.6%

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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