10-Q filed October 30: Amphenol
Rating: Buy to Hold Model value −39.7%
Revenue for the twelve months to September 2026 was $33.0bn, up 57.6% on a year earlier, faster than the 54.2% growth a quarter earlier. That growth ranks 2 of 21 among the electronic components companies we cover. Free-cash-flow margin fell to 15.5% from 17.0% a year earlier. Operating margin widened to 27.7% from 24.3%. Its fundamentals grade moves from C+ to B. Our model value falls from $128 to $77.12 a share, against a share price of $79.30. The rating changes from Buy to Hold. At that price, our model says the market is pricing in about 16.5% a year of cash-flow growth for five years, slower than the 24.9% a year revenue growth it has delivered.
Source: 10-Q filed October 30, 2026 on SEC EDGAR · Financials · Valuation