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DCF valuation

What is Ametek Inc/ worth?

With the base-case assumptions below, a discounted cash flow model on Ametek Inc/'s reported free cash flow gives $180.02 per share. The share price was $250.74 on September 25, 2026, 39% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$1.67B
Average free cash flow, last 5 years
$1.41B
Cash
$495.4M
balance sheet of June 30, 2026
Debt
$1.06B
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
231,259,000
Revenue growth per year, last 5 years
10.3%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear5.5%4.0%2.0%10.0%$110.88-56%
Base10.5%6.5%2.5%9.0%$180.02-28%
Bull15.5%9.5%3.0%8.0%$317.85+27%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$232.33$248.47$268.19$292.84$324.53
8.0%$193.17$203.63$216.00$230.84$248.97
9.0%$164.61$171.77$180.02$189.65$201.03
10.0%$142.91$148.00$153.76$160.35$167.95
11.0%$125.88$129.61$133.78$138.47$143.78

Where the presets come from

Base: years 1 to 5 grow at Ametek Inc/'s revenue growth rate over the last 5 fiscal years (10.3% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Ametek Inc/ company page