APH

Amphenol CorporationTechnology / Electronic ComponentsINTACT

Amphenol Corporation, together with its subsidiaries, designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems. The company offers connectors and connector systems, including high speed, radio frequency, power, fiber optic and other interconnect products; busbars and power distribution systems; power interconnect products; and other products. It also provides value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; and 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, commercial aerospace, communications networks, defense, industrial, information technology and data communications, mobile devices markets. Additionally, the company provides telecommunication and IT networking solutions. The company was founded in 1932 and is headquartered in Wallingford, Connecticut.

Share Price
$83.63
52W: $58.67 - $89.26
DCF Fair Value
$38.35
-118.1% Premium
P/E (TTM)
41.8x
ROIC
22.4%
Operating Margin
29.8%
FCF Yield
1.9%
Debt / Equity
1.2x
Piotroski Score
7/9
Altman Z-Score
3.11
Market Cap
$206.2B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($38.35)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)
()
Period Range
$ - $
DCF Fair Value
$38.35
MOS Buy Target (-25%)
$28.76
Valuation Overlays:

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price
$83.63
DCF Fair Value
$38.29
-118.4% Premium
$3,818M
$100M$3,818M (Reported)$50,000M
14.9%
-5%10% (Target)35%
4.5%
0%5%20%
9.0%
6%9% (Standard)15% (High Risk)
2.5%
1% (GDP Floor)2.5% (Inflation)4.0%
$13,400M
-$100B CashBalance Sheet+$150B Debt
10-Yr PV of Cash Flows
$44.4B
PV of Terminal Value
$63.5B
Implied Enterprise Value
$107.8B
Implied Equity Value
$94.4B
YearYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10
Projected FCF ($M)$4,387$5,041$5,792$6,655$7,646$7,990$8,350$8,725$9,118$9,528
Present Value (PV)$4,025$4,243$4,472$4,714$4,969$4,764$4,568$4,379$4,198$4,025

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-397.5% Premium
$16.81

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $2.00BVPS: $6.28
Revised Graham Formula-47.6% Premium
$56.65

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Buffett Owner Earnings1.8% Yield
$1.47 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $3.6BYield: 1.8%

Reverse DCF: Market Growth Expectation

HIGH BARRIER
18.8% CAGR (Next 10 Yrs)

At the current price of $83.63, the market is assuming the business will compound Free Cash Flow at 18.8% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict
⚠ High expectations: Leaves minimal margin of safety for operational hiccups.
Autonomous Thesis Underwriting

Surveil APH with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Amphenol Corporation. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 29.8% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

Frequently Asked Questions: Amphenol Corporation (APH) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Amphenol Corporation.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Amphenol Corporation has an estimated DCF intrinsic fair value of $38.35 per share compared to its current market price of $83.63. This represents an estimated 118.1% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $16.82.

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