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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.21
AME's Cash to Debt is ranked lower than
60% of the 1900 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.36 vs. AME: 0.21 )
AME' s 10-Year Cash to Debt Range
Min: 0   Max: 0.24
Current: 0.21

0
0.24
Equity to Asset 0.53
AME's Equity to Asset is ranked higher than
61% of the 1912 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.53 vs. AME: 0.53 )
AME' s 10-Year Equity to Asset Range
Min: 0.15   Max: 0.53
Current: 0.53

0.15
0.53
Interest Coverage 11.08
AME's Interest Coverage is ranked higher than
55% of the 1267 Companies
in the Global Diversified Industrials industry.

( Industry Median: 24.23 vs. AME: 11.08 )
AME' s 10-Year Interest Coverage Range
Min: 3.68   Max: 11.08
Current: 11.08

3.68
11.08
F-Score: 5
Z-Score: 4.57
M-Score: -2.49
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 22.68
AME's Operating margin (%) is ranked higher than
98% of the 1893 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.96 vs. AME: 22.68 )
AME' s 10-Year Operating margin (%) Range
Min: 9.83   Max: 22.68
Current: 22.68

9.83
22.68
Net-margin (%) 14.38
AME's Net-margin (%) is ranked higher than
94% of the 1893 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.16 vs. AME: 14.38 )
AME' s 10-Year Net-margin (%) Range
Min: 3.84   Max: 14.38
Current: 14.38

3.84
14.38
ROE (%) 16.49
AME's ROE (%) is ranked higher than
92% of the 1879 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.49 vs. AME: 16.49 )
AME' s 10-Year ROE (%) Range
Min: 13.13   Max: 60.05
Current: 16.49

13.13
60.05
ROA (%) 8.80
AME's ROA (%) is ranked higher than
92% of the 1895 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.40 vs. AME: 8.80 )
AME' s 10-Year ROA (%) Range
Min: 5.96   Max: 9.93
Current: 8.8

5.96
9.93
ROC (Joel Greenblatt) (%) 93.10
AME's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 1891 Companies
in the Global Diversified Industrials industry.

( Industry Median: 12.77 vs. AME: 93.10 )
AME' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 27.2   Max: 93.1
Current: 93.1

27.2
93.1
Revenue Growth (%) 12.60
AME's Revenue Growth (%) is ranked higher than
84% of the 1521 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.30 vs. AME: 12.60 )
AME' s 10-Year Revenue Growth (%) Range
Min: 1.1   Max: 20.1
Current: 12.6

1.1
20.1
EBITDA Growth (%) 18.00
AME's EBITDA Growth (%) is ranked higher than
84% of the 1257 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.40 vs. AME: 18.00 )
AME' s 10-Year EBITDA Growth (%) Range
Min: 1.2   Max: 25
Current: 18

1.2
25
EPS Growth (%) 21.20
AME's EPS Growth (%) is ranked higher than
83% of the 1139 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.20 vs. AME: 21.20 )
AME' s 10-Year EPS Growth (%) Range
Min: 3.8   Max: 30.3
Current: 21.2

3.8
30.3
» AME's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

AME Guru Trades in Q1 2013

Meridian Funds 1,255,000 sh (unchged)
Ken Fisher Sold Out
Caxton Associates Sold Out
RS Investment Management 149,792 sh (-1.94%)
Mario Gabelli 3,570,079 sh (-3.23%)
Columbia Wanger 14,157,089 sh (-4.62%)
First Pacific Advisors 8,325 sh (-6.72%)
Steven Cohen 124,900 sh (-46.85%)
» More
Q2 2013

AME Guru Trades in Q2 2013

Ray Dalio 9,940 sh (New)
Joel Greenblatt 7,431 sh (New)
Jim Simons 825,550 sh (New)
Steven Cohen 1,203,900 sh (+863.89%)
First Pacific Advisors 8,325 sh (unchged)
Columbia Wanger 13,863,589 sh (-2.07%)
Mario Gabelli 3,442,007 sh (-3.59%)
Meridian Funds 1,111,000 sh (-11.47%)
RS Investment Management 123,989 sh (-17.23%)
» More
Q3 2013

AME Guru Trades in Q3 2013

Paul Tudor Jones 8,800 sh (New)
Joel Greenblatt 27,049 sh (+264%)
Ray Dalio Sold Out
Jim Simons Sold Out
RS Investment Management 123,789 sh (-0.16%)
Columbia Wanger 13,734,589 sh (-0.93%)
Mario Gabelli 3,355,349 sh (-2.52%)
Steven Cohen 1,052,414 sh (-12.58%)
First Pacific Advisors 6,025 sh (-27.63%)
» More
Q4 2013

AME Guru Trades in Q4 2013

Jeremy Grantham 4,300 sh (New)
RS Investment Management 130,889 sh (+5.74%)
First Pacific Advisors 6,025 sh (unchged)
Joel Greenblatt Sold Out
Paul Tudor Jones Sold Out
Mario Gabelli 3,263,950 sh (-2.72%)
Columbia Wanger 12,623,000 sh (-8.09%)
Steven Cohen 60,676 sh (-94.23%)
» More
» Details

Insider Trades

Latest Guru Trades with AME

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-12-31 Sold Out 0.04%$43.71 - $52.57 $ 52.028%0
Joel Greenblatt 2013-09-30 Add 264%0.03%$42.6 - $47.8 $ 52.0215%27049
Ray Dalio 2013-09-30 Sold Out $42.6 - $47.8 $ 52.0215%0
Meridian Funds 2013-06-30 Reduce -11.47%0.23%$39.75 - $43.69 $ 52.0225%1111000
Joel Greenblatt 2013-06-30 New Buy0.01%$39.75 - $43.69 $ 52.0225%7431
Ray Dalio 2013-06-30 New Buy$39.75 - $43.69 $ 52.0225%9940
Meridian Funds 2012-12-31 Reduce -20.76%0.42%$33.95 - $38.02 $ 52.0243%1255000
Joel Greenblatt 2011-12-31 Sold Out 0.05%$20.95 - $28.69 $ 52.0296%0
Ray Dalio 2011-12-31 Sold Out 0.01%$20.95 - $28.69 $ 52.0296%0
Joel Greenblatt 2011-09-30 Reduce -69.41%0.12%$21.95 - $30.77 $ 52.0297%8401
Ray Dalio 2011-09-30 Add 56.41%$21.95 - $30.77 $ 52.0298%10864
Meridian Funds 2011-06-30 Add 15.29%0.24%$27.27 - $31.18 $ 52.0280%1356764
Joel Greenblatt 2011-06-30 New Buy0.17%$27.27 - $31.18 $ 52.0280%27467
Mario Gabelli 2011-03-31 Reduce -36.44%0.61%$26.01 - $29.23 $ 52.0288%3360432
Meridian Funds 2011-03-31 Add 40.61%0.45%$26.01 - $29.23 $ 52.0288%1176800
John Keeley 2011-03-31 Sold Out $26.01 - $29.23 $ 52.0288%0
Premium More recent guru trades are included for Premium Members only!!
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Guru Investment Theses on Ametek Inc

Mario Gabelli Comments on AMETEK Inc. - Jan 29, 2014

AMETEK Inc. (AME)(1.8% of net assets as of December 31, 2013) (AME - $52.67 - NYSE) is a leading global manufacturer of analytical instruments for the process, aerospace, and industrial markets, and a leading producer of electric motors and blowers for the floor care and outdoor power equipment markets. In the near term, the company continues to experience significant growth in its longer cycle businesses in the aerospace, power generation, and process industries. Longer term, the company continues to make acquisitions to augment growth. In the Electronic Instruments Group, AMETEK expects one half to two thirds of its revenue growth to come from acquisitions. The company is focused on acquiring differentiated businesses with revenues of $30-$100 million. Differentiated businesses compete on the basis of product capability, have higher growth rates, and offer superior returns. In the Electromechanical Group, AMETEK's key strategy is to reduce costs by increasing efficiency and moving noncore operations to low cost countries such as Mexico, the Czech Republic, and China.

 

From Mario Gabelli (Trades, Portfolio)’s Gabelli Asset Fund fourth quarter 2013 commentary.

Check out Mario Gabelli latest stock trades

Mario Gabelli Comments on AMETEK Inc. - Jan 06, 2014

AMETEK Inc. (1.7%) (AME - $46.02 - NYSE)(AME) is a leading global manufacturer of analytical instruments for the process, aerospace, and industrial markets, and a leading producer of electric motors and blowers for the floor care and outdoor power equipment markets. In the near term, the company continues to experience significant growth in its longer cycle businesses in the aerospace, power generation, and process industries. Longer term, the company continues to make acquisitions to augment growth. In the Electronic Instruments Group, AMETEK expects one half to two thirds of its revenue growth to come from acquisitions. The company is focused on acquiring differentiated businesses with revenues of $30-$100 million. Differentiated businesses compete on the basis of product capability, have higher growth rates, and offer superior returns. In the Electromechanical Group, AMETEK's key strategy is to reduce costs by increasing efficiency and moving noncore operations to low cost countries such as Mexico, the Czech Republic, and China.

 

 

From Mario Gabelli (Trades, Portfolio)'s third quarter 2013 commentary.

Check out Mario Gabelli latest stock trades

Top Ranked Articles about Ametek Inc

Columbia Wanger’s Top Five Year-End Holdings
The guru ranked fund recently released its fourth quarter portfolio holdings.  These holdings boasted 301 stocks, with 26 of these being new, valued at $26.181 billion.  The following five stocks are Columbia Wanger (Trades, Portfolio)’s top five holdings. Read more...
Mario Gabelli Comments on AMETEK Inc.
AMETEK Inc. (AME)(1.8% of net assets as of December 31, 2013) (AME - $52.67 - NYSE) is a leading global manufacturer of analytical instruments for the process, aerospace, and industrial markets, and a leading producer of electric motors and blowers for the floor care and outdoor power equipment markets. In the near term, the company continues to experience significant growth in its longer cycle businesses in the aerospace, power generation, and process industries. Longer term, the company continues to make acquisitions to augment growth. In the Electronic Instruments Group, AMETEK expects one half to two thirds of its revenue growth to come from acquisitions. The company is focused on acquiring differentiated businesses with revenues of $30-$100 million. Differentiated businesses compete on the basis of product capability, have higher growth rates, and offer superior returns. In the Electromechanical Group, AMETEK's key strategy is to reduce costs by increasing efficiency and moving noncore operations to low cost countries such as Mexico, the Czech Republic, and Read more...
Mario Gabelli Comments on AMETEK Inc.
AMETEK Inc. (1.7%) (AME - $46.02 - NYSE)(AME) is a leading global manufacturer of analytical instruments for the process, aerospace, and industrial markets, and a leading producer of electric motors and blowers for the floor care and outdoor power equipment markets. In the near term, the company continues to experience significant growth in its longer cycle businesses in the aerospace, power generation, and process industries. Longer term, the company continues to make acquisitions to augment growth. In the Electronic Instruments Group, AMETEK expects one half to two thirds of its revenue growth to come from acquisitions. The company is focused on acquiring differentiated businesses with revenues of $30-$100 million. Differentiated businesses compete on the basis of product capability, have higher growth rates, and offer superior returns. In the Electromechanical Group, AMETEK's key strategy is to reduce costs by increasing efficiency and moving noncore operations to low cost countries such as Mexico, the Czech Republic, and China. Read more...
Global for Resilience – Columbia Management Selling Update
One of the largest management firms in the U.S., Columbia Management Investment Advisers currently has $305 billion in assets under management. The updated portfolio lists 310 stocks, 24 of them new, a total value at $22.8 billion, with a quarter-over-quarter turnover of 5%. The portfolio is weighted with top three sectors: industrials at 25.9%, technology at 18% and consumer cyclical at 14.5%. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 24.80
AME's P/E(ttm) is ranked higher than
53% of the 1566 Companies
in the Global Diversified Industrials industry.

( Industry Median: 20.10 vs. AME: 24.80 )
AME' s 10-Year P/E(ttm) Range
Min: 11.51   Max: 25.79
Current: 24.8

11.51
25.79
P/B 4.10
AME's P/B is ranked lower than
69% of the 1848 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.55 vs. AME: 4.10 )
AME' s 10-Year P/B Range
Min: 2.19   Max: 4.43
Current: 4.1

2.19
4.43
P/S 3.60
AME's P/S is ranked lower than
80% of the 1931 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.94 vs. AME: 3.60 )
AME' s 10-Year P/S Range
Min: 1.12   Max: 3.71
Current: 3.6

1.12
3.71
PFCF 21.40
AME's PFCF is ranked higher than
57% of the 1029 Companies
in the Global Diversified Industrials industry.

( Industry Median: 18.91 vs. AME: 21.40 )
AME' s 10-Year PFCF Range
Min: 11.77   Max: 24.88
Current: 21.4

11.77
24.88
EV-to-EBIT 16.90
AME's EV-to-EBIT is ranked higher than
54% of the 1645 Companies
in the Global Diversified Industrials industry.

( Industry Median: 14.87 vs. AME: 16.90 )
AME' s 10-Year EV-to-EBIT Range
Min: 8.9   Max: 21.1
Current: 16.9

8.9
21.1
PEG 1.20
AME's PEG is ranked higher than
72% of the 825 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.90 vs. AME: 1.20 )
AME' s 10-Year PEG Range
Min: 0.54   Max: 5.85
Current: 1.2

0.54
5.85
Shiller P/E 35.20
AME's Shiller P/E is ranked lower than
54% of the 813 Companies
in the Global Diversified Industrials industry.

( Industry Median: 22.80 vs. AME: 35.20 )
AME' s 10-Year Shiller P/E Range
Min: 16.18   Max: 36.84
Current: 35.2

16.18
36.84

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.50
AME's Dividend Yield is ranked lower than
88% of the 1414 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.60 vs. AME: 0.50 )
AME' s 10-Year Dividend Yield Range
Min: 0.42   Max: 0.92
Current: 0.5

0.42
0.92
Dividend Payout 0.11
AME's Dividend Payout is ranked higher than
92% of the 1151 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.31 vs. AME: 0.11 )
AME' s 10-Year Dividend Payout Range
Min: 0.1   Max: 0.33
Current: 0.11

0.1
0.33
Dividend growth (3y) 26.00
AME's Dividend growth (3y) is ranked higher than
90% of the 730 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.30 vs. AME: 26.00 )
AME' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 30.5
Current: 26

0
30.5
Yield on cost (5-Year) 1.52
AME's Yield on cost (5-Year) is ranked lower than
55% of the 1454 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.76 vs. AME: 1.52 )
AME' s 10-Year Yield on cost (5-Year) Range
Min: 1.28   Max: 2.8
Current: 1.52

1.28
2.8
Share Buyback Rate -0.70
AME's Share Buyback Rate is ranked higher than
72% of the 1184 Companies
in the Global Diversified Industrials industry.

( Industry Median: -0.70 vs. AME: -0.70 )
AME' s 10-Year Share Buyback Rate Range
Min: 7.3   Max: -2
Current: -0.7

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 1.50
AME's Price/DCF (Projected) is ranked higher than
58% of the 801 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.30 vs. AME: 1.50 )
AME' s 10-Year Price/DCF (Projected) Range
Min: 0.96   Max: 3.87
Current: 1.5

0.96
3.87
Price/Median PS Value 1.70
AME's Price/Median PS Value is ranked lower than
69% of the 1775 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.10 vs. AME: 1.70 )
AME' s 10-Year Price/Median PS Value Range
Min: 0.32   Max: 1.7
Current: 1.7

0.32
1.7
Price/Peter Lynch Fair Value 1.30
AME's Price/Peter Lynch Fair Value is ranked higher than
69% of the 397 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.30 vs. AME: 1.30 )
AME' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.62   Max: 4.31
Current: 1.3

0.62
4.31
Earnings Yield (Greenblatt) 5.90
AME's Earnings Yield (Greenblatt) is ranked higher than
59% of the 1744 Companies
in the Global Diversified Industrials industry.

( Industry Median: 6.70 vs. AME: 5.90 )
AME' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.7   Max: 11.2
Current: 5.9

4.7
11.2
Forward Rate of Return (Yacktman) 22.28
AME's Forward Rate of Return (Yacktman) is ranked higher than
90% of the 1136 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.73 vs. AME: 22.28 )
AME' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.5   Max: 26.6
Current: 22.28

4.5
26.6

Business Description

Industry: Industrial Products » Diversified Industrials
Compare:UTX, MMM, ARG, AP, EMR » details
Traded in other countries:AK1.Germany
AMETEK, Inc., is incorporated in Delaware. Its predecessor was originally incorporated in Delaware in 1930 under the name American Machine and Metals, Inc. The Company is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. The Company markets its products worldwide through two operating groups, the Electronic Instruments Group (EIG) and the Electromechanical Group (EMG). EIG builds monitoring, testing, calibration and display devices for the process, aerospace, industrial and power markets. EMG is a supplier of electromechanical devices. EMG produces highly engineered electromechanical connectors for hermetic (moisture-proof) applications, specialty metals for niche markets and brushless air-moving motors, blowers and heat exchangers. Management believes that the Company has several competitive advantages that assist it in sustaining and enhancing its market positions. The Company's marketing efforts generally are organized and carried out at the division level. EIG makes significant use of distributors and sales representatives in marketing its products, as well as direct sales in some of its more technically sophisticated products. In general, most of the Company's markets are highly competitive. The principal elements of competition for the Company's products are price, product technology, distribution, quality and service. The Company owns numerous unexpired U.S. patents and foreign patents, including counterparts of its more important U.S. patents, in the major industrial countries of the world.

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