Why Amphenol Corporation (NYSE:APH) Could Be Worth Watching
Why Amphenol Corporation (NYSE:APH) Could Be Worth Watching
Amphenol Corporation (NYSE:APH) saw a decent share price growth of 12% on the NYSE over the last few months. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, what if the stock is still a bargain? Let's examine Amphenol's valuation and outlook in more detail to determine if there's still a bargain opportunity.
在紐交所，Amphenol Corporation (NYSE:APH) 股價在過去幾個月有着不錯的增長，增長率達到了12%。雖然目前股價仍未達到每年的峯值，但是最近的股價反彈使公司朝着正確的方向發展。由於許多分析師都關注這隻大市值股票，我們可以預計所有價格敏感的公告都已經反映在股票的價格中了。但是，如果這隻股票仍然是一份超值的投資機會怎麼辦？讓我們更詳細地檢查Amphenol的估值和前景，以確定是否仍有超值機會。
What Is Amphenol Worth?
Amphenol的價值是多少？
Amphenol is currently expensive based on our price multiple model, where we look at the company's price-to-earnings ratio in comparison to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Amphenol's ratio of 35.3x is above its peer average of 22.39x, which suggests the stock is trading at a higher price compared to the Electronic industry. But, is there another opportunity to buy low in the future? Since Amphenol's share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
基於我們的價格多組合模型，Amphenol目前的價格過高。我們通過比較公司的市盈率和行業平均值來得出結論。在這種情況下，我們使用市盈率（PE）比率，因爲沒有足夠的信息可靠地預測該股票的現金流。我們發現Amphenol的35.3倍比同行業平均值22.39倍要高，這意味着該股票相對於電子行業來說以更高的價格交易。但是，未來是否還會有其他低價買入的機會呢？由於Amphenol的股價相當波動，這可能意味着它在未來還會下跌（或者還會上升），給我們提供另一次投資的機會。這是基於它的高貝塔值，這是一個好的指標，用來衡量該股相對於整個市場的波動程度。
What does the future of Amphenol look like?
Amphenol的未來怎麼樣？
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Amphenol's earnings over the next few years are expected to increase by 40%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
如果股票投資者希望其投資組合獲得增長，則購買前景良好的公司的股票總是一個好的投資。讓我們來看一下公司的未來預期，判斷它是否值得購買。未來幾年，Amphenol的盈利預計將增長40%，表明它有非常樂觀的未來前景。這應該會導致更強大的現金流，從而推動股價上漲。
What This Means For You
這對您意味着什麼？
Are you a shareholder? APH's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe APH should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
您是股東嗎？APH樂觀的未來增長前景似乎已經反映在當前的股價中，股票目前交易在行業價格倍數之上。在當前價格下，股東可能會問另一個問題 - 我是否應該賣出？如果您認爲APH應該交易在當前價格之下，則在其價格下跌至行業或盈利無價值倍數時賣高再買低是有利可圖的。但在做出這個決定之前，請了解其基本面是否發生了變化。
Are you a potential investor? If you've been keeping an eye on APH for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for APH, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.
您是潛在的投資者嗎？如果您一直關注APH股票，現在可能不是最好的時機。股票的價格已經超過了同行業的股票，這意味着可能沒有更多的錯價上漲空間了。但是，樂觀的前景對APH仍然是有鼓勵作用的，這意味着可以深入研究其他因素以充分利用下一輪的股票價格下跌。
If you want to dive deeper into Amphenol, you'd also look into what risks it is currently facing. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Amphenol.
如果您想深入研究Amphenol，還需要了解它目前面臨的風險。例如，我們已發現一個警告信號，您可以仔細觀察一下以更好地了解Amphenol。
If you are no longer interested in Amphenol, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您對Amphenol不再感興趣，您可以使用我們的免費平台查看我們列表中的其他50多隻具有高增長潛力的股票。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋？對內容有任何疑慮？請直接與我們聯繫。或者，發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋？對內容有任何疑慮？請直接與我們聯繫。或者，發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。