AMETEK (MEX:AME) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 14% Above Median


MEX:AME AMETEK Inc MEX:AME
93 GF Score
Price MXN3,883.98
GF Value MXN3,306.45
Valuation Modestly Overvalued
! 5 Warning Signs
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What is AMETEK Piotroski F-Score?

AMETEK MEX:AME 93 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates MEX:AME with a GF Score™ of 93/100 and a GF Value™ of MXN3,306.45 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, AMETEK ranks better than 97.95% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

AMETEK has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for AMETEK's Piotroski F-Score or its related term are showing as below:

MEX:AME' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of AMETEK was 8. The lowest was 4. And the median was 7.

AMETEK  (MEX:AME) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


AMETEK Piotroski F-Score Related Terms


AMETEK Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AMETEK's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AMETEK Piotroski F-Score Chart

AMETEK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.00 7.00 5.00 8.00

AMETEK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 7.00 6.00 8.00 8.00

MEX:AME vs ROK, ITW, DOV: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, AMETEK's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AMETEK Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMETEK's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where AMETEK's Piotroski F-Score falls into.


MEX:AME
93GF Score
AMETEK Inc MEX:AME
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 6747.764 + 6813.329 + 7177.09 + 7201.485 = MXN27,940 Mil.
Cash Flow from Operations was 6761.359 + 8087.316 + 10520.082 + 8142.053 = MXN33,511 Mil.
Revenue was 33479.372 + 34718.985 + 35983.455 + 34774.926 = MXN138,957 Mil.
Gross Profit was 11973.281 + 12586.616 + 12971.558 + 12939.526 = MXN50,471 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(304358.606 + 287456.848 + 296850.559 + 289307.359 + 294104.952) / 5 = MXN294415.6648 Mil.
Total Assets at the begining of this year (Mar25) was MXN304,359 Mil.
Long-Term Debt & Capital Lease Obligation was MXN19,162 Mil.
Total Current Assets was MXN56,578 Mil.
Total Current Liabilities was MXN49,701 Mil.
Net Income was 6186.387 + 6699.447 + 8076.516 + 7196.336 = MXN28,159 Mil.

Revenue was 31782.338 + 33642.138 + 36739.443 + 35433.009 = MXN137,597 Mil.
Gross Profit was 11439.237 + 12125.484 + 13446.692 + 12786.375 = MXN49,798 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(246703.015 + 271061.789 + 290779.242 + 305143.271 + 304358.606) / 5 = MXN283609.1846 Mil.
Total Assets at the begining of last year (Mar24) was MXN246,703 Mil.
Long-Term Debt & Capital Lease Obligation was MXN29,858 Mil.
Total Current Assets was MXN56,481 Mil.
Total Current Liabilities was MXN40,150 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

AMETEK's current Net Income (TTM) was 27,940. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

AMETEK's current Cash Flow from Operations (TTM) was 33,511. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=27939.668/304358.606
=0.09179851

ROA (Last Year)=Net Income/Total Assets (Mar24)
=28158.686/246703.015
=0.11414002

AMETEK's return on assets of this year was 0.09179851. AMETEK's return on assets of last year was 0.11414002. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

AMETEK's current Net Income (TTM) was 27,940. AMETEK's current Cash Flow from Operations (TTM) was 33,511. ==> 33,511 > 27,940 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=19161.601/294415.6648
=0.0650835

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=29857.618/283609.1846
=0.10527733

AMETEK's gearing of this year was 0.0650835. AMETEK's gearing of last year was 0.10527733. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=56577.741/49700.574
=1.13837198

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=56480.917/40150.425
=1.40673273

AMETEK's current ratio of this year was 1.13837198. AMETEK's current ratio of last year was 1.40673273. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

AMETEK's number of shares in issue this year was 229.835. AMETEK's number of shares in issue last year was 231.542. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=50470.981/138956.738
=0.36321363

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=49797.788/137596.928
=0.36191061

AMETEK's gross margin of this year was 0.36321363. AMETEK's gross margin of last year was 0.36191061. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=138956.738/304358.606
=0.45655597

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=137596.928/246703.015
=0.5577432

AMETEK's asset turnover of this year was 0.45655597. AMETEK's asset turnover of last year was 0.5577432. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

AMETEK has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
AMETEK (MEX:AME) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AMETEK and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, AMETEK's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, AMETEK ranks #61 out of 2979 companies in the Industrial Products industry, placing it in the top 2%.
Is AMETEK's Piotroski F-Score too high?
AMETEK's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. AMETEK's value of 8 is 60% above this industry median. Based on the distribution chart, AMETEK ranks #61 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AMETEK has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMETEK's Piotroski F-Score compare to ROK and ITW?
According to the Industrial Products industry distribution chart, AMETEK ranks #61 out of 2979 companies for Piotroski F-Score. This places AMETEK in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. AMETEK's value of 8 is 60% above this benchmark. Historically, AMETEK's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, AMETEK has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AMETEK's current Piotroski F-Score of 8 is 60% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AMETEK and its competitors. For the Industrial Products industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMETEK's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMETEK stock overvalued right now?
Based on GuruFocus' analysis, AMETEK (MEX:AME) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,306.45, compared to a current price of MXN3,883.98 — trading 17.5% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Industrial Products industry median of 5.00. AMETEK's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For AMETEK (MEX:AME), the current Piotroski F-Score is 8 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AMETEK (MEX:AME) Overvalued in 2026?

Based on GuruFocus' analysis, AMETEK stock appears to be overvalued. The current stock price of MXN3,883.98 is trading 17.5% above its estimated GF Value™ of MXN3,306.45. GuruFocus considers AMETEK to be Modestly Overvalued.

Key valuation signals for MEX:AME:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: MXN3,306.45 vs. price of MXN3,883.98 (17.5% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 60% above the Industrial Products median (#61 of 2979)

No single metric tells the full story. See the MEX:AME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AMETEK Business Description

Address 1100 Cassatt Road, Berwyn, PA, USA, 19312-1177
Founded in 1930 and transformed over the decades through the acquisition of dozens of esteemed brands, Ametek owns more than 40 autonomous industrial businesses operating across research, aerospace, energy, medical, and manufacturing. Ametek segments its business into two operating groups: the electronic instruments group and the electromechanical group. The EIG sells a broad portfolio of analytical, test, and measurement instruments, while the EMG sells highly engineered components, interconnects, and specialty metals. The company emphasizes product differentiation and market leadership in the niche markets it operates in.
93GF Score

Get the complete analysis for MEX:AME

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,883.98
Price
MXN3,306.45
GF Value