Ametek Competitors
| AME Stock | USD 233.11 0.30 0.13% |
Ametek vs Carrier Global Correlation
Very poor diversification
The correlation between Ametek Inc and CARR is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ametek Inc and CARR in the same portfolio, assuming nothing else is changed.
Moving against Ametek Stock
| 0.71 | PNGM | Er Therapeutics | PairCorr |
| 0.59 | STI | Solidion Technology | PairCorr |
| 0.38 | NVNIW | Nvni Group Limited | PairCorr |
Ametek Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ametek and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Ametek and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Ametek Inc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ametek Stock performing well and Ametek Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Ametek's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ROP | 1.17 | (0.44) | 0.00 | (0.38) | 0.00 | 1.91 | 12.33 | |||
| ROK | 1.30 | 0.08 | 0.07 | 0.14 | 1.59 | 2.73 | 10.14 | |||
| GWW | 1.08 | 0.25 | 0.22 | 0.34 | 0.83 | 3.46 | 7.07 | |||
| FAST | 1.21 | 0.09 | 0.07 | 0.17 | 1.18 | 3.32 | 7.18 | |||
| FERG | 1.31 | (0.02) | 0.01 | 0.07 | 2.02 | 3.03 | 11.07 | |||
| XYL | 1.12 | (0.32) | 0.00 | (0.20) | 0.00 | 1.77 | 8.37 | |||
| OTIS | 0.82 | (0.05) | 0.00 | (0.05) | 0.00 | 1.52 | 5.21 | |||
| FER | 0.96 | 0.13 | 0.10 | 0.28 | 0.82 | 3.24 | 6.80 | |||
| SYM | 4.45 | (0.36) | 0.00 | (0.03) | 0.00 | 9.37 | 60.87 | |||
| CARR | 1.34 | 0.14 | 0.12 | 0.20 | 1.08 | 4.09 | 6.58 |
Cross Equities Net Income Analysis
Compare Ametek Inc and related stocks such as Roper Technologies, Rockwell Automation, and WW Grainger Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROP | 4.9 M | 427.2 M | 483.4 M | 538.3 M | 646 M | 696.1 M | 658.6 M | 971.8 M | 944.4 M | 1.8 B | 949.7 M | 1.1 B | 1.2 B | 1.4 B | 1.5 B | 1.5 B | 1.6 B |
| ROK | 595.3 M | 737 M | 756.3 M | 826.8 M | 827.6 M | 729.7 M | 825.7 M | 535.5 M | 695.8 M | 1 B | 1.4 B | 932.2 M | 1.4 B | 952.5 M | 869 M | 999.4 M | 693.1 M |
| GWW | 71.8 M | 658.4 M | 689.9 M | 797 M | 801.7 M | 769 M | 605.9 M | 585.7 M | 782 M | 849 M | 695 M | 1 B | 1.5 B | 1.8 B | 1.9 B | 1.7 B | 1.8 B |
| FAST | 1.7 M | 357.9 M | 420.5 M | 448.6 M | 494.1 M | 516.4 M | 499.4 M | 578.6 M | 751.9 M | 790.9 M | 859.1 M | 925 M | 1.1 B | 1.2 B | 1.2 B | 1.3 B | 1.3 B |
| FERG | 46.6 M | 89.5 M | 444.1 M | 852.1 M | 332.3 M | 870.8 M | 920 M | 1.3 B | 1.1 B | 961 M | 1.5 B | 2.1 B | 1.9 B | 1.7 B | 1.9 B | 2.1 B | 2.2 B |
| XYL | 263 M | 279 M | 297 M | 228 M | 337 M | 340 M | 260 M | 331 M | 549 M | 401 M | 254 M | 427 M | 355 M | 609 M | 890 M | 1 B | 1.1 B |
| OTIS | 636 M | 636 M | 636 M | 636 M | 636 M | 636 M | 636 M | 636 M | 1 B | 1.1 B | 906 M | 1.2 B | 1.3 B | 1.4 B | 1.6 B | 1.4 B | 1.3 B |
| FER | (23.1 M) | 1.2 B | 692 M | 727 M | 402 M | 720 M | 376 M | 454 M | (448 M) | 268 M | (424 M) | 1.2 B | 188 M | 460 M | 3.2 B | 3.7 B | 3.9 B |
| SYM | (104.4 M) | (104.4 M) | (104.4 M) | (104.4 M) | (104.4 M) | (104.4 M) | (104.4 M) | (104.4 M) | (104.4 M) | (109.5 M) | (122.3 M) | (79 M) | (23.9 M) | (13.5 M) | (16.9 M) | (19.5 M) | (20.5 M) |
| CARR | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 2.7 B | 2.1 B | 2 B | 1.7 B | 3.5 B | 1.4 B | 5.6 B | 1.5 B | 2.7 B |
Ametek Inc and related stocks such as Roper Technologies, Rockwell Automation, and WW Grainger Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ametek Inc financial statement analysis. It represents the amount of money remaining after all of Ametek Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ametek Competitive Analysis
The better you understand Ametek competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ametek's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Ametek's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Ametek Competition Performance Charts
Five steps to successful analysis of Ametek Competition
Ametek's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Ametek Inc in relation to its competition. Ametek's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ametek in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Ametek's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ametek Inc, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Ametek Correlation with its peers. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Will Electrical Components & Equipment sector continue expanding? Could Ametek diversify its offerings? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ametek data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.036 | Dividend Share 1.24 | Earnings Share 6.39 | Revenue Per Share | Quarterly Revenue Growth 0.134 |
Ametek Inc's market price often diverges from its book value, the accounting figure shown on Ametek's balance sheet. Smart investors calculate Ametek's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Ametek's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Ametek's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Ametek represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.