Amphenol (APH) AI Stock Analysis

• Market Cap: $165.60B
• Dividend Yield: 0.55%
• Average Volume (3M): 8.17M
• Price to Earnings (P/E): 45.1
• Beta (1Y): 1.68
• Revenue Growth: 47.37%
• EPS Growth: 72.30%
• Country: US
• Employees: 125,000
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.93
• Shares Outstanding: 1,224,055,500
• 10 Day Avg. Volume: 9,028,630
• 30 Day Avg. Volume: 8,173,407
• PEG Ratio: 1.43
• Price to Book (P/B): 8.54
• Price to Sales (P/S): 5.49
• P/FCF Ratio: 38.90
• Enterprise Value/Market Cap: 0.98
• Enterprise Value/Revenue: 7.77
• Enterprise Value/Gross Profit: 21.63
• Enterprise Value/Ebitda: 27.24
• 1Y Price Target: $146.56
• Price Target Upside: 8.45% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 3.28
• Revenue Forecast (FY): $22.74B

• Rating: 78 Outperform
• Price Target: $159.00 ▲(17.66% Upside)

Amphenol's strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The company's strategic acquisitions and robust market position further support its growth potential. However, a high P/E ratio and modest dividend yield slightly temper the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Amphenol's products and solidifies its market position across various sectors.

Strategic Acquisitions

Strategic acquisitions expand Amphenol's product offerings and market reach, fostering long-term growth and competitive advantage.

Cash Flow Generation

Strong cash flow generation supports sustainable operations and future investments, enhancing financial stability and growth potential.

Negative Factors

Increased Tax Rate

Higher tax rates can reduce net profitability, impacting earnings and potentially limiting reinvestment in growth initiatives.

Decline in Mobile Device Market

Declining sales in the mobile device market may indicate challenges in adapting to changing consumer preferences and technological shifts.

Debt Levels

High debt levels can strain financial resources and limit flexibility, potentially impacting long-term financial health and investment capacity.

Amphenol Business Overview & Revenue Model

Company Description

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems. The company offers connectors and connector systems, including harsh environment data, power, high-speed, fiber optic, and radio frequency interconnect products; busbars and power distribution systems; and other connectors. It also provides value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; other products comprising flexible and rigid printed circuit boards, hinges, other mechanical, and production related products. In addition, the company offers consumer device, network infrastructure, and other antennas; coaxial, power, and specialty cables; and sensors and sensor-based products. It sells its products through its sales force, independent representatives, and a network of electronics distributors to original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and service providers in the automotive, broadband communication, commercial aerospace, industrial, information technology and data communication, military, mobile device, and mobile network markets. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.

How the Company Makes Money

Amphenol generates revenue primarily through the sale of its interconnect products and solutions to various industries. The company has a diversified revenue model that includes direct sales to original equipment manufacturers (OEMs) and distributors. Key revenue streams include products for telecommunications infrastructure, automotive connectivity, and military and aerospace applications. Additionally, Amphenol benefits from long-term contracts with major clients and strategic partnerships, which provide a steady stream of income. The company's focus on innovation and investment in research and development also positions it favorably to capture growth in emerging markets such as electric vehicles and 5G technology.

Amphenol Financial Statement Overview

Summary

Amphenol exhibits robust financial performance with strong revenue and profit growth, efficient operational management, and effective cash flow generation. The balance sheet is solid, though there is potential to further optimize leverage.

Income Statement

Amphenol demonstrates strong revenue growth with a TTM revenue growth rate of 11.46%, indicating robust demand for its products. The company maintains healthy profitability with a gross profit margin of 35.94% and a net profit margin of 18.22%, both showing improvement over previous years. EBIT and EBITDA margins are also strong at 24.55% and 28.44% respectively, reflecting efficient operational management.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.64, indicating a balanced approach to leveraging. Return on equity is impressive at 34.63%, showcasing effective use of shareholder funds. The equity ratio stands at 46.12%, suggesting a solid equity base relative to total assets, though there is room for improvement in reducing leverage.

Cash Flow

Amphenol's cash flow is strong, with a notable free cash flow growth rate of 26.25% TTM, indicating effective cash generation. The operating cash flow to net income ratio is 0.75, and the free cash flow to net income ratio is 0.79, both reflecting efficient conversion of income into cash. These metrics highlight the company's ability to sustain operations and invest in growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.97B	15.22B	12.55B	12.62B	10.88B	8.60B
Gross Profit	7.54B	5.14B	4.08B	4.03B	3.40B	2.66B
EBITDA	5.98B	3.80B	3.00B	2.99B	2.50B	1.95B
Net Income	3.82B	2.42B	1.93B	1.90B	1.59B	1.20B
Balance Sheet
Total Assets	27.14B	21.44B	16.53B	15.33B	14.68B	12.33B
Cash, Cash Equivalents and Short-Term Investments	3.89B	3.34B	1.66B	1.43B	1.24B	1.74B
Total Debt	8.07B	7.28B	4.64B	4.87B	5.05B	4.10B
Total Liabilities	14.54B	11.58B	8.10B	8.23B	8.30B	6.88B
Stockholders Equity	12.52B	9.79B	8.35B	7.02B	6.30B	5.38B
Cash Flow
Free Cash Flow	3.56B	2.15B	2.16B	1.79B	1.18B	1.32B
Operating Cash Flow	4.50B	2.81B	2.53B	2.17B	1.54B	1.59B
Investing Cash Flow	-3.83B	-2.65B	-1.39B	-731.10M	-1.89B	-333.50M
Financing Cash Flow	1.56B	1.73B	-1.01B	-1.20B	-145.20M	-516.60M

Amphenol Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 135.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APH, the sentiment is Positive. The current price of 135.14 is below the 20-day moving average (MA) of 135.85, above the 50-day MA of 134.44, and above the 200-day MA of 103.70, indicating a neutral trend. The MACD of -1.13 indicates Positive momentum. The RSI at 51.38 is Neutral, neither overbought nor oversold. The STOCH value of 31.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for APH.

Amphenol Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEL	80 Outperform	$67.66B	37.33	14.78%	1.21%	8.94%	-39.90%
APH	78 Outperform	$165.60B	45.10	34.78%	0.55%	47.37%	72.30%
KEYS	77 Outperform	$34.79B	41.45	15.82%	―	7.95%	39.54%
GLW	74 Outperform	$75.33B	55.72	12.07%	1.27%	18.27%	771.78%
GRMN	74 Outperform	$38.78B	24.85	19.66%	1.71%	16.56%	3.19%
TDY	71 Outperform	$23.95B	29.55	8.11%	―	7.41%	-12.85%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Amphenol Corporate Events

Amphenol Issues $7.5 Billion in Senior Notes

On November 10, 2025, Amphenol Corporation successfully issued and sold a total of $7.5 billion in senior notes with varying interest rates and maturity dates ranging from 2027 to 2055. The proceeds from this offering, combined with other financial resources, are intended to fund the acquisition of CommScope Holding Company’s Connectivity and Cable Solutions businesses, enhancing Amphenol’s market position in data center connectivity, broadband communications, and building connectivity solutions.

Amphenol Announces Pricing of Senior Notes Offerings

On October 27, 2025, Amphenol Corporation announced the pricing of its senior notes offerings, totaling $6.5 billion across various maturities from 2027 to 2055. The proceeds from these offerings, along with other financial resources, are intended to fund the acquisition of CommScope Holding Company’s Connectivity and Cable Solutions businesses. The closing of the offerings is expected on November 10, 2025, contingent on customary closing conditions. The notes are subject to a special mandatory redemption if the acquisition is not completed.