Ampco Pittsburgh Financials

AP Stock  USD 2.26  0.11  4.64%   
Based on the key indicators obtained from Ampco Pittsburgh's historical financial statements, Ampco Pittsburgh may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, Ampco Pittsburgh's Short Term Debt is relatively stable compared to the past year. As of 04/16/2024, Long Term Debt is likely to grow to about 122.2 M, while Total Current Liabilities is likely to drop slightly above 81 M. Key indicators impacting Ampco Pittsburgh's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.232.1267
Sufficiently Up
Slightly volatile
Current Ratio2.832.0247
Significantly Up
Slightly volatile
The financial analysis of Ampco Pittsburgh is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Ampco Pittsburgh includes many different criteria found on its balance sheet. For example, investors should never minimize Ampco Pittsburgh's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Ampco Pittsburgh's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Ampco Pittsburgh.

Cash And Equivalents

13.69 Million

With this module, you can analyze Ampco financials for your investing period. You should be able to track the changes in Ampco Pittsburgh individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Ampco Pittsburgh Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ampco Pittsburgh's financial statements are interrelated, with each one affecting the others. For example, an increase in Ampco Pittsburgh's assets may result in an increase in income on the income statement.
The data published in Ampco Pittsburgh's official financial statements usually reflect Ampco Pittsburgh's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ampco Pittsburgh. For example, before you start analyzing numbers published by Ampco accountants, it's critical to develop an understanding of what Ampco Pittsburgh's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Ampco Pittsburgh's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ampco Pittsburgh's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ampco Pittsburgh's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ampco Pittsburgh. Please utilize our Beneish M Score to check the likelihood of Ampco Pittsburgh's management manipulating its earnings.

Ampco Pittsburgh Stock Summary

Ampco Pittsburgh competes with Northwest Pipe, Insteel Industries, ESAB Corp, Gulf Island, and CompoSecure. Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania. Ampco-Pittsburgh operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 1485 people.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0320371034
CUSIP032037103
LocationPennsylvania; U.S.A
Business Address726 Bell Avenue,
SectorMetals & Mining
IndustryMaterials
BenchmarkNYSE Composite
Websiteampcopgh.com
Phone412 456 4400
CurrencyUSD - US Dollar
You should never invest in Ampco Pittsburgh without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ampco Stock, because this is throwing your money away. Analyzing the key information contained in Ampco Pittsburgh's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ampco Pittsburgh Key Financial Ratios

Generally speaking, Ampco Pittsburgh's financial ratios allow both analysts and investors to convert raw data from Ampco Pittsburgh's financial statements into concise, actionable information that can be used to evaluate the performance of Ampco Pittsburgh over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ampco Pittsburgh reports annually and quarterly.

Ampco Pittsburgh Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets506.6M463.2M485.6M502.8M565.7M396.6M
Other Current Liab43.9M42.7M40.6M57.8M66.4M41.6M
Net Debt68.2M24.7M54.6M100.3M126.1M132.4M
Retained Earnings(51.3M)(43.4M)(56.1M)(32.3M)(73.0M)(69.3M)
Cash7.0M16.8M10.3M8.7M7.3M6.9M
Net Receivables97.8M76.4M84.8M93.5M99.3M65.2M
Inventory82.3M73.2M88.2M121.7M124.7M70.6M
Other Current Assets6.4M5.4M4.9M7.4M5.4M9.6M
Total Liab450.9M378.2M393.8M389.4M494.1M518.8M
Total Current Assets193.4M171.8M188.3M231.4M236.7M181.4M
Short Term Debt21.0M13.1M20.6M13.0M13.2M13.9M
Accounts Payable33.3M26.7M44.2M43.2M37.2M21.4M
Common Stock12.7M18.3M19.2M19.4M19.7M13.1M
Other Liab278.8M272.6M244.4M224.5M258.1M187.9M
Other Assets128.5M122.1M126.3M11.2M12.9M12.3M
Long Term Debt50.5M24.8M40.9M93.1M116.4M122.2M
Intangible Assets7.6M7.2M6.2M5.2M4.9M4.6M
Net Tangible Assets41.3M69.3M73.3M99.1M89.2M105.2M
Capital Surpluse156.3M170.3M174.6M175.7M202.0M164.0M

Ampco Pittsburgh Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Ampco Pittsburgh's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense5.3M4.1M3.6M5.4M9.3M9.8M
Total Revenue397.9M328.5M344.9M390.2M422.3M304.0M
Gross Profit71.7M71.0M57.3M62.2M56.9M70.0M
Operating Income5.6M11.9M(292K)7.8M6.0M8.7M
Ebit5.6M11.9M(292K)7.8M6.0M5.7M
Ebitda24.6M30.5M17.6M25.2M23.7M35.2M
Cost Of Revenue326.2M257.5M287.6M328.0M365.4M234.1M
Income Before Tax(8.4M)8.7M(9.8M)5.6M(39.3M)(37.3M)
Net Income(10.5M)8.0M(12.1M)3.4M(39.9M)(37.9M)
Income Tax Expense2.1M(470K)2.3M1.6M(1.2M)(1.1M)
Research Development2.5M2.0M1.2M1.0M662K628.9K
Non Recurring10.0M185K361K706K811.9K771.3K
Minority Interest1.4M8.4M561K564K(1.5M)(1.4M)
Tax Provision2.1M(470K)2.3M1.6M685K650.8K
Interest Income5.0M2.8M3.6M2.6M3.0M3.1M
Net Interest Income(5.3M)(4.1M)(3.6M)(5.4M)(8.5M)(8.1M)

Ampco Pittsburgh Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Ampco Pittsburgh. It measures of how well Ampco is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ampco Pittsburgh brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ampco had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ampco Pittsburgh has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(13.9M)9.9M(6.5M)(1.6M)(1.4M)(1.5M)
Free Cash Flow(18.1M)25.2M(31.1M)(43.9M)(24.1M)(22.9M)
Depreciation19.0M18.6M17.9M17.4M17.7M11.7M
Other Non Cash Items(1.0M)(9.1M)1.6M(14.5M)36.9M38.7M
Capital Expenditures11.0M8.5M15.2M16.7M20.4M12.4M
Net Income(10.5M)9.2M(12.1M)4.0M(39.9M)(37.9M)
End Period Cash Flow7.0M16.8M10.3M8.7M7.3M6.9M
Change To Inventory10.8M10.2M(18.4M)(17.9M)(1.4M)(1.5M)
Investments3.7M(7.9M)(14.7M)364K(17.3M)(16.4M)
Change Receivables(15.0M)20.9M(8.3M)(11.6M)(10.5M)(9.9M)
Change To Netincome8.4M(5.7M)4.4M1.4M1.3M1.2M
Net Borrowings(8.3M)(35.0M)21.1M16.4M18.8M19.7M

Ampco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ampco Pittsburgh's current stock value. Our valuation model uses many indicators to compare Ampco Pittsburgh value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ampco Pittsburgh competition to find correlations between indicators driving Ampco Pittsburgh's intrinsic value. More Info.
Ampco Pittsburgh is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . At this time, Ampco Pittsburgh's Return On Equity is relatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Ampco Pittsburgh by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ampco Pittsburgh's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ampco Pittsburgh's earnings, one of the primary drivers of an investment's value.

Ampco Pittsburgh Systematic Risk

Ampco Pittsburgh's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ampco Pittsburgh volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Ampco Pittsburgh correlated with the market. If Beta is less than 0 Ampco Pittsburgh generally moves in the opposite direction as compared to the market. If Ampco Pittsburgh Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ampco Pittsburgh is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ampco Pittsburgh is generally in the same direction as the market. If Beta > 1 Ampco Pittsburgh moves generally in the same direction as, but more than the movement of the benchmark.

About Ampco Pittsburgh Financials

What exactly are Ampco Pittsburgh Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ampco Pittsburgh's income statement, its balance sheet, and the statement of cash flows. Potential Ampco Pittsburgh investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ampco Pittsburgh investors may use each financial statement separately, they are all related. The changes in Ampco Pittsburgh's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ampco Pittsburgh's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Ampco Pittsburgh Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ampco Pittsburgh is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ampco has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Ampco Pittsburgh's financials are consistent with your investment objective using the following steps:
  • Review Ampco Pittsburgh's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Ampco Pittsburgh's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Ampco Pittsburgh's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Ampco Pittsburgh's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Ampco Pittsburgh Thematic Clasifications

Ampco Pittsburgh is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Ampco Pittsburgh Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ampco Pittsburgh's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ampco Pittsburgh growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.001142

At this time, Ampco Pittsburgh's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Ampco Pittsburgh April 16, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ampco Pittsburgh help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ampco Pittsburgh. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ampco Pittsburgh based on widely used predictive technical indicators. In general, we focus on analyzing Ampco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ampco Pittsburgh's daily price indicators and compare them against related drivers.
When determining whether Ampco Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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Is Ampco Pittsburgh's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ampco Pittsburgh. If investors know Ampco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ampco Pittsburgh listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
(2.04)
Revenue Per Share
21.529
Quarterly Revenue Growth
0.156
Return On Assets
0.0129
The market value of Ampco Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.