
5.97 EUR (+35.8%)
3 analysts
What does it do?
Amper, S.A. is a Spanish technology company offering engineering services, systems integration, and telecommunications and defense solutions for corporate clients and public administrations.
Listed on Bolsa de Madrid (BME) · Symbol AMP.MC · BME: AMP · Currency EUR
Key points
from its scores- ✓Good share-price trend8.9
- ✕Weak growth0.0
- ✕Little or no dividend1.5
- ✕Little competitive advantage3.5
AI analysis
bottom line, main risk, context and newsThe recovery expected by the market is not supported by current fundamentals.
Amper shows moderate financial health (5.62) with controlled debt (ND/EBITDA 2.02), but its quality is poor (ROE 1.01%, cash conversion -79.03%) and growth is very negative (revenue -24.80%). Valuation is demanding on P/E (220.0) although forward P/E (28.85) and PEG (0.45) suggest the market expects a strong recovery. Momentum is very positive (34.95), but the combination of low quality and revenue contraction makes the recovery uncertain.
The main risk is the severe revenue contraction (-24.80%) combined with very negative cash conversion (-79.03%), which casts doubt on the company's ability to sustain its operations and finance its growth without further deteriorating its balance sheet.
Context and risks
Amper is domiciled in Spain, a country with elevated governance risk according to the assigned reference. This institutional risk, which affects minority shareholder protection and regulatory stability, is a relevant factor for a company with low operating margins (7.31%) and negative cash conversion, making it vulnerable to changes in the legal and business environment.
Is Amper stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 270% above the Technology median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 220.0 | 31.3 | +603% |
| EV / EBITDA | 7.7 | 20.4 | −62% |
| Price / book | 2.7 | 6.3 | −56% |
| Price / sales | 1.8 | 5.3 | −66% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.9 out of 10 (median for Technology: 5.3).
Average analyst target: 5.97 EUR, +35.8% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 3.5 (sector 6.4), Growth 0.0 (sector 7.5).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- P/E
- 220.0
- Forward P/E
- 28.9
- EV / EBITDA
- 7.7
- Price / book
- 2.7
- Price / sales
- 1.8
- PEG
- 0.45
- Market cap
- 434.3M EUR
- Enterprise value
- 542.5M EUR
Profitability
- ROE
- 1.0%
- ROA
- 6.2%
- ROIC (approx.)
- 4.3%
- Gross margin
- 77.8%
- Operating margin
- 7.3%
- Net margin
- −0.5%
- Free cash flow
- −55.3M EUR
- FCF yield
- −12.7%
- Cash conversion
- −79%
Solvency
- Total debt
- 248.0M EUR
- Net debt
- 141.4M EUR
- Cash
- 106.6M EUR
- EBITDA
- 70.0M EUR
- Net debt / EBITDA
- 2.02
- Debt / equity
- 169.76
- Current ratio
- 1.48
- Quick ratio
- 1.34
Growth
- Revenue growth
- −24.8%
- EPS (TTM)
- 0.02 EUR
- EPS (forward)
- 0.15 EUR
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 0.77
- Analyst consensus
- Strong buy (3)
- Target price
- 5.97 EUR
- 52-week range
- 3.20 – 5.50
Recent news
All AMP.MC news →Compare it with its sector
All 283 in Technology →Frequently asked questions about Amper
Is Amper stock cheap or expensive?
On P/E and EV / EBITDA, it trades 270% above the Technology median on average. Valuation score: 5.9 out of 10 (median for Technology: 5.3). Average analyst target: 5.97 EUR, +35.8% versus the price. This is not investment advice.
What score does Amper get on MeridIAn Screener?
It scores 4.4 out of 10, rank 1,890 of 2,130 (better than 10% of the companies analysed). Its strongest category is Momentum (8.9) and its weakest, Growth (0.0). Analysis of 08/10/2026.
What is Amper's P/E ratio?
Its P/E is 220.0: the share price equals 220.0 times earnings per share over the last 12 months. The Technology median is 31.3. Based on the earnings analysts expect, the forward P/E is 28.9.
How much is Amper worth on the stock market?
Its market capitalisation is 434.3M EUR and its enterprise value, debt included, is 542.5M EUR.
How much debt does Amper have?
Its net debt (debt minus cash) is 141.4M EUR. That is 2.02 times its EBITDA; the Technology median is 0.20.
Does Amper pay a dividend?
It pays no dividend, or almost none.
How has Amper stock performed over the last year?
It has risen 33.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 3.20 and 5.50 EUR. Past performance does not guarantee future results.
What do analysts think of Amper?
3 analysts cover it; their average recommendation is “Strong buy” and their average target is 5.97 EUR (+35.8% versus the price). It is an estimate, not market data.
