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Amplifon S.p.A (AMP) Fair Value & Analysis

Healthcare · IT · Market cap €2.8B

AS Amplifon S.p.A AMP · MI
Price€10.15
Fair Value€7.58
Upside-25.3%
Quality95/100
Evidence: High Range €5.68 – €9.47

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price −12.3% over the past month.

Price vs Fair Value (12 months)

€21.36 €8.39 Fair Value €7.58 Jun 2025 Jun 2026

12‑month range €8.39 – €21.36 · fair‑value band €5.68 – €9.47 · the €10.15 price screens above the €7.58 fair value. As of Jun 24, 2026.

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Analysis

Amplifon S.p.A (AMP) currently trades at €10.15, while our model-based Fair Value estimate is €7.58 — implying the stock looks roughly 25.3% overvalued today. We read business quality at 95/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Amplifon S.p.A generated revenue of €2.4B at a net margin of 2.9%. Revenue declined 1.4% year over year. It earns a return on equity of 6.2%. Net debt stands at €1.0B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €2.4B
Revenue growth (YoY) -1.4%
Net margin 2.9%
Return on equity 6.2%
Free cash flow €296M FY2025
P/E ratio 34.4
More key figures
Operating margin 11.4%
EPS (TTM) €0.3100
Dividend yield 2.8%
EPS growth (YoY) -68.0%
Net debt €1.0B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Amplifon S.p.A. distributes hearing solutions and the fitting of customized products that helps people to rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates Ampli-care, a platform to deliver audiological care experience; and Amplifon App to manage the device functions in real-time directly from smartphone. The company also offers Ampli-power and Ampli-mini hearing devices. Amplifon S.p.A. was founded in 1950 and is headquartered in Milan, Italy.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Amplifon S.p.A reported revenue of €2.4B in FY2025 versus €1.9B in FY2021, a compound +5.3%/yr. Reported net income was €91.3M in FY2025, compounding −12.8%/yr from FY2021.

Revenue +5.3%/yr
FY21 €1.9B
FY22 €2.1B
FY23 €2.3B
FY24 €2.4B
FY25 €2.4B
Net income −12.8%/yr
FY21 €158M
FY22 €179M
FY23 €155M
FY24 €145M
FY25 €91.3M

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6 more Medical Distribution stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Cardinal Health, Inc CAH $222.74 $141.77 -36%
Sigma Healthcare Limited SIGGF $2.35 $0.6300 -73%
Sitka Gold Corp SIG A$2.92 A$1.20 -59%
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Frequently asked questions

Is Amplifon S.p.A (AMP) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €7.58 versus a price of €10.15 — about −25% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AMP?
Our 21-model fair value for Amplifon S.p.A is €7.58 (as of Jun 24, 2026), built from audited fundamentals. The current price is €10.15.
What is the quality score of AMP?
Amplifon S.p.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Amplifon S.p.A (AMP)?
Amplifon S.p.A reported trailing-twelve-month revenue of about €2.4B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of AMP?
The net profit margin of Amplifon S.p.A is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does Amplifon S.p.A pay a dividend?
Amplifon S.p.A currently shows a dividend yield of about 2.77% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.