AME

AMETEK, Inc.

Industrial/Transportation


Presented:02/15/2018
Price:$75.84
Cap:$17.64B
Current Price:$169.38
Cap:$39.22B

Presented

Date02/15/2018
Price$75.84
Market Cap$17.64B
Ent Value$18.38B
P/E Ratio25.8x
Book Value$16.30
Div Yield0.47%
Shares O/S232.53M
Ave Daily Vol1,252,240
Short IntN/A

Current

Price$169.38
Market Cap$39.22B
AMETEK, Inc. engages in the manufacture of electronic instruments and electromechanical devices. It operates its business through Electronic Instruments Group and Electromechanical Group segments. The Electronic Instruments Group segment focuses on the process and analytical instrumentation for the chemical and petrochemical, oil, gas, pharmaceutical, semiconductor, and factory automation markets. The Electromechanical Group segment deals with the precision motion control products used in data storage, medical devices, business equipment, factory automation, and other applications. The company was founded in 1930 and is headquartered in Berwyn, PA.

Publicly traded companies mentioned herein: AMETEK Inc (AME)

Highlights

The presenter is long shares of AMETEK (AME), on the belief that the M&A driven model is fundamentally sound. He thinks recent setbacks have led people to overreact in questioning the underlying model, and thinks Street estimates have been taken down too much as a result. In his view, AME outperforms the market, and thus its current market multiple valuation underappreciates the earnings potential of the platform.

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Idea Discussion

Commentor 1 - 2 weeks ago

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