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Stock impact report

Amphenol: Gaining Market Share, But Upside Is Capped By Valuation [Seeking Alpha]

Amphenol Corporation (APH) 
Last amphenol corporation earnings: 4/22 08:00 am Check Earnings Report
US:NYSE Investor Relations: amphenol.com/investors/finance_news
Company Research Source: Seeking Alpha
Operating margin improved by 720 basis points over the year, rising from 20.3% to 27.5%. Guidance for Q4 2025 projects 39–41% revenue growth and 62–65% EPS growth. Consensus Estimates were beaten for 12 consecutive quarters. Estimates Revisions have been systematically upward. Current relative valuation multiples may suggest overvaluation at first glance, but factoring in growth suggests the stock is in a fair value zone. Reverse valuation (residual earnings) requires a 23.6% earnings CAGR over the next 10 years to justify the current valuation. I expect an upside of 12%, based on an absolute valuation model assuming revenue growth of 18% CAGR and net margin of 21%. zhangxiaomin/iStock via Getty Images Thesis I rate Amphenol Corporation (NYSE: APH ) as a Hold, as I expect a 12% upside over the next 12 months, based on an absolute valuation model. This valuation assumes revenues growing at an 18.4% CAGR in the next 10 This article was written by Analyst's Disclosure: I Show less Read more
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