Amphenol Corporation
- Exchange
- US
- Country
- USA
- IPO date
- Nov 8, 1991
- Employees
- 170,000
- Website
- www.amphenol.com
Composite valuation range · conservative $65–$80 / fair $90–$115 / optimistic $130–$150. At $163.96, Above the optimistic ceiling · future growth overdrawn.
At publication $148.4 (Jun 3, 2026)
Amphenol is a high-quality connector and interconnect platform, but its current price already discounts substantial growth. With 2025 revenue of $23.1 billion and FCF of $4.39 billion, the current price of $148.4 implies roughly 40.9x PE and about 40x owner earnings; intrinsic value is estimated at $65 to $150, with an ideal buy range of $80 to $100. Rating Watch: a durable compounder that deserves close tracking, but not aggressive new capital at today's valuation.
Amphenol is a leader in connectors and interconnect products, with end markets so fragmented that no single customer exceeds 10% of sales, and 2025 free cash flow of roughly 4.4 billion. At the current 132.06 dollars, the 36.4x P/E and 38.7x P/FCF place it at the upper edge of fair value, leaving the starting valuation already very high. Rating Watch: a high-quality compounder fully priced for excellence, with little margin of safety.
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.
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
History
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Industry position
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