Allied Motion Technologies Inc Stock Research

Market Summary

USD36.37-0.05

Market Closed

-0.14%

AMOT Alerts

Big jump in Revenue (Y/Y)

AMOT Stock Price

AMOT RSI Chart

AMOT Valuation

Market Cap

592.6M

Price/Earnings (Trailing)

34.08

Price/Sales (Trailing)

1.11

EV/EBITDA

8.82

Price/Free Cashflow

105.97

AMOT Price/Sales (Trailing)

AMOT Profitability

EBT Margin

4.71%

Return on Equity

8.07%

Return on Assets

2.96%

Free Cashflow Yield

0.94%

AMOT Fundamentals

AMOT Revenue

Revenue (TTM)

533.8M

Revenue Y/Y

26.8%

Revenue Q/Q

11.04%

AMOT Earnings

Earnings (TTM)

17.4M

Earnings Y/Y

136.77%

Earnings Q/Q

-44.08%

Price Action

52 Week Range

22.2644.88

(Low)(High)

Last 7 days

-0.2%

Last 30 days

5.7%

Last 90 days

-15.8%

Trailing 12 Months

51.5%

AMOT Financial Health

Current Ratio

2.69

AMOT Investor Care

Dividend Yield

0.27%

Dividend/Share (TTM)

0.1

Shares Dilution (1Y)

4.89%

Diluted EPS (TTM)

1.32

Peers (Alternatives to Allied Motion Tech)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ETN	72.5B	21.4B	8.79%	31.41%	28.23	3.39	8.16%	15.68%
EMR	44.8B	17.5B	-5.85%	-10.29%	9.36	2.56	-0.55%	66.86%
ROK	32.9B	8.4B	1.19%	37.15%	24.92	3.94	14.07%	104.76%
AME	32.0B	6.2B	6.96%	21.30%	27.55	5.19	10.89%	14.33%
HUBB	15.5B	5.1B	7.26%	50.11%	28.32	3.05	15.55%	13.16%
MID-CAP
ST	7.2B	4.1B	-2.28%	-9.85%	23.31	1.8	5.13%	12.75%
PLUG	5.5B	770.9M	-2.10%	-53.62%	-7.58	7.83	34.97%	-39.30%
AYI	4.9B	4.1B	-2.39%	-13.56%	12.98	1.2	10.32%	9.37%
SMALL-CAP
AZZ	886.4M	1.3B	-5.70%	-20.95%	-7.69	0.67	151.84%	-237.17%
FCEL	880.4M	37.1M	15.43%	-48.58%	-47.28	23.75	-57.14%	80.55%
THR	770.4M	420.7M	10.68%	44.75%	22.23	1.83	28.88%	234.59%
AMOT	592.6M	533.8M	5.67%	51.48%	34.08	1.11	28.11%	-27.83%
TPIC	474.1M	1.5B	-9.71%	-24.70%	-6.62	0.31	6.15%	58.73%
AMSC	118.5M	182.7M	4.69%	-22.91%	-2.5	0.65	9.22%	-28.57%

Financials for Allied Motion Tech

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	6.1%	534	503	469	438	417
Gross Profit	7.9%	170	157	144	133	124
Operating Expenses	4.2%	131	126	117	109	101
S&GA Expenses	4.6%	23.00	22.00	21.00	19.00	18.00
EBITDA	10.1%	57.00	52.00	47.00	43.00	-
EBITDA Margin	2.6%	0.11*	0.11*	0.11*	0.10*	-
Earnings Before Taxes	21.3%	29.00	24.00	22.00	21.00	20.00
EBT Margin	0.5%	0.05*	0.05*	0.05*	0.05*	-
Interest Expenses	25.3%	10.00	8.00	6.00	4.00	3.00
Net Income	14.0%	17.00	15.00	15.00	15.00	-
Net Income Margin	6.2%	0.03*	0.03*	0.03*	0.04*	-
Free Cahsflow	32.7%	-10.31	-15.32	-5.54	-6.68	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	0.4%	591	588	573	576	494
Current Assets	2.5%	242	236	227	222	194
Cash Equivalents	-17.9%	25.00	31.00	20.00	29.00	17.00
Inventory	-0.8%	116	117	112	112	97.00
Net PPE	0.7%	69.00	69.00	66.00	66.00	66.00
Goodwill	0.2%	127	126	122	7.00	107
Liabilities	-3.3%	361	373	371	375	301
Current Liabilities	-0.8%	87.00	88.00	88.00	93.00	79.00
LT Debt, Non Current	0.4%	237	235	232	229	179
Shareholder's Equity	6.8%	230	215	201	201	194
Retained Earnings	4.1%	149	144	140	134	130
Shares Outstanding	2.0%	16.00	16.00	16.00	16.00	16.00

Cashflow (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	303.5%	22,578	5,596	-342	8,641	6,439
Share Based Compensation	-1.6%	4,991	5,073	4,813	4,854	4,713
Cashflow From Investing	-12.5%	-67,522	-60,011	-106,831	-106,008	-60,187
Cashflow From Financing	-14.9%	54,122	63,605	110,094	104,478	46,309
Dividend Payments	4.5%	1,536	1,470	1,418	-	-

Risks for AMOT

What is the probability of a big loss on AMOT?

87.7%

Probability that Allied Motion Tech stock will be more than 20% underwater in next one year

54.6%

Probability that Allied Motion Tech stock will be more than 30% underwater in next one year.

39.6%

Probability that Allied Motion Tech stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AMOT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Allied Motion Tech was unfortunately bought at previous high price.

Drawdowns

Returns for AMOT

Cumulative Returns on AMOT

23.6%

10-Year Cumulative Returns

13.6%

7-Year Cumulative Returns

2.7%

5-Year Cumulative Returns

14.8%

3-Year Cumulative Returns

What are the long-term rolling returns for AMOT?

FIve years rolling returns for Allied Motion Tech.

Annualized Returns

Which funds bought or sold AMOT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-22	EMC Capital Management	unchanged	-	16,000	159,000	0.13%
2023-05-22	PUTNAM INVESTMENTS LLC	new	-	351,676	351,676	-%
2023-05-18	SkyView Investment Advisors, LLC	new	-	48,000	48,000	0.01%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-30.6	-81,000	271,000	-%
2023-05-18	JPMORGAN CHASE & CO	added	157	575,000	886,000	-%
2023-05-17	Advisory Services Network, LLC	reduced	-18.82	-2,866	26,166	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	new	-	297,528	297,528	-%
2023-05-16	Ancora Advisors, LLC	reduced	-33.33	-13,350	38,650	-%
2023-05-16	HANCOCK WHITNEY CORP	reduced	-11.71	-7,000	366,000	0.01%
2023-05-16	Meros Investment Management, LP	reduced	-14.06	-260,009	5,416,990	3.08%

Latest Funds Activity

Are funds buying AMOT calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own AMOT

No. of Funds

AMOT Alerts

Big jump in Revenue (Y/Y)

Allied Motion Tech News

Schedule 13G FIlings of Allied Motion Tech

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 17, 2023	ack asset management llc	5.1%	807,400	SC 13G
Feb 03, 2023	blackrock inc.	5.5%	867,506	SC 13G
Apr 08, 2022	blackrock inc.	4.8%	747,804	SC 13G/A
Feb 01, 2022	blackrock inc.	5.1%	757,319	SC 13G/A
Jan 29, 2021	blackrock inc.	5.4%	525,381	SC 13G/A
Feb 07, 2020	blackrock inc.	5.2%	502,694	SC 13G

AMOT Fair Value

Show Fair-Value

Recent SEC filings of Allied Motion Tech

View All Filings

Date Filed	Form Type	Document
May 10, 2023	8-K	Current Report
May 08, 2023	4	Insider Trading
May 08, 2023	4	Insider Trading
May 08, 2023	4	Insider Trading
May 08, 2023	4	Insider Trading
May 08, 2023	4	Insider Trading
May 08, 2023	4	Insider Trading
May 03, 2023	10-Q	Quarterly Report
Apr 04, 2023	4	Insider Trading
Apr 04, 2023	4	Insider Trading

Latest Insider Trading transactions for AMOT

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-04	Engel Robert B	acquired	82,503	35.84	2,302	-
2023-05-04	Federico Richard D	acquired	82,503	35.84	2,302	-
2023-05-04	TANOUS JAMES J	acquired	82,503	35.84	2,302	-
2023-05-04	Tzetzo Nicole R	acquired	82,503	35.84	2,302	-
2023-05-04	Winter Michael R	acquired	82,503	35.84	2,302	-
2023-05-04	Finch Steven C.	acquired	82,503	35.84	2,302	-
2023-04-01	WARZALA RICHARD S	sold (taxes)	-785,909	38.65	-20,334	chief executive officer
2023-04-01	Bendre Ashish	sold (taxes)	-23,190	38.65	-600	vp and group president
2023-04-01	Pirthauer Helmut	sold (taxes)	-39,384	38.65	-1,019	vp and group president
2023-04-01	May Kenneth Arthur	sold (taxes)	-20,755	38.65	-537	chief technology officer

About Allied Motion Tech

Richard S. Warzala

www.alliedmotion.com

1950

Allied Motion Technologies Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems that are used in a range of industries worldwide. The company offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active, and passive filters. It also provides electronic power steering, drive-by-wire applications, drive systems and pumps, automated and remotely guided power steering, and HVAC systems, and construction and agricultural equipment. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, as well as authorized manufacturers' representatives, agents, and distributors. Allied Motion Technologies Inc. was incorporated in 1962 and is headquartered in Amherst, New York.

AMOT Income Statement

2023-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
Revenues	$ 145,549	$ 114,785
Cost of goods sold	99,715	81,325
Gross profit	45,834	33,460
Operating costs and expenses:
Selling	6,032	5,031
General and administrative	14,820	11,496
Engineering and development	10,387	9,385
Business development	197	848
Amortization of intangible assets	3,009	2,434
Total operating costs and expenses	34,445	29,194
Operating income	11,389	4,266
Other expense, net:
Interest expense	2,983	1,038
Other expense, net	187	45
Total other expense, net	3,170	1,083
Income before income taxes	8,219	3,183
Income tax provision	(1,904)	(679)
Net income	$ 6,315	$ 2,504
Basic earnings per share:
Earnings per share	$ 0.40	$ 0.17
Basic weighted average common shares	15,872	15,096
Diluted earnings per share:
Earnings per share	$ 0.39	$ 0.16
Diluted weighted average common shares	16,137	15,599
Net income	$ 6,315	$ 2,504
Other comprehensive income:
Foreign currency translation adjustment	1,354	(1,233)
(Loss) gain on derivatives, net of tax	(1,133)	2,601
Comprehensive income	$ 6,536	$ 3,872

AMOT Balance Sheet

2023-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 25,145	$ 30,614
Trade receivables, net of provision for credit losses of $1,122 and $1,192 at March 31, 2023 and December 31, 2022, respectively	87,043	76,213
Inventories	116,229	117,108
Prepaid expenses and other assets	13,432	12,072
Total current assets	241,849	236,007
Property, plant, and equipment, net	69,127	68,640
Deferred income taxes	3,984	4,199
Intangible assets, net	116,027	119,075
Goodwill	126,567	126,366
Operating lease assets	23,432	22,807
Other long-term assets	9,947	11,253
Total Assets	590,933	588,347
Current liabilities:
Accounts payable	41,151	39,467
Accrued liabilities	45,722	48,121
Total current liabilities	86,873	87,588
Long-term debt	236,506	235,454
Deferred income taxes	5,817	6,262
Pension and post-retirement obligations	2,823	3,009
Operating lease liabilities	19,186	18,795
Other long-term liabilities	9,547	21,774
Total liabilities	360,752	372,882
Stockholders' Equity:
Common stock, no par value, authorized 50,000 shares; 16,293 and 15,978 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	92,435	83,852
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding
Retained earnings	149,488	143,576
Accumulated other comprehensive loss	(11,742)	(11,963)
Total stockholders' equity	230,181	215,465
Total Liabilities and Stockholders' Equity	$ 590,933	$ 588,347