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Amplifon S.p.A.BIT:AMP Stock Report

Market Cap €2.8b
Share Price
€10.72
€12.4
13.6% undervalued intrinsic discount
1Y-48.1%
7D-0.6%
1D
Portfolio Value
View

Amplifon S.p.A.

BIT:AMP Stock Report

Market Cap: €2.8b

Amplifon (AMP) Stock Overview

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. More details

AMP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

AMP Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Amplifon S.p.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Amplifon
Historical stock prices
Current Share Price€10.72
52 Week High€21.40
52 Week Low€7.84
Beta0.94
1 Month Change-2.15%
3 Month Change2.68%
1 Year Change-48.06%
3 Year Change-69.36%
5 Year Change-72.92%
Change since IPO346.64%

Recent News & Updates

Narrative Update May 25

AMP: Recent Downgrades And Rich P E Multiple Will Cap Future Upside

Analysts have raised their price target on Amplifon to €9.40 from €8.00, reflecting slightly lower assumed revenue growth and a higher future P/E multiple, even as margin expectations edge up and the required return on the stock ticks higher following recent downgrades from several brokers. Analyst Commentary Recent Street research on Amplifon has leaned cautious, with several bearish analysts revisiting their assumptions and lowering their stance on the stock.

Recent updates

Narrative Update May 25

AMP: Recent Downgrades And Rich P E Multiple Will Cap Future Upside

Analysts have raised their price target on Amplifon to €9.40 from €8.00, reflecting slightly lower assumed revenue growth and a higher future P/E multiple, even as margin expectations edge up and the required return on the stock ticks higher following recent downgrades from several brokers. Analyst Commentary Recent Street research on Amplifon has leaned cautious, with several bearish analysts revisiting their assumptions and lowering their stance on the stock.
Narrative Update May 07

AMP: Sector Downgrades And Margin Concerns Will Restrain Future Upside

Analysts have trimmed their Amplifon price target by €1.00 to €8.00, citing a higher discount rate, a more cautious profit margin outlook and sector downgrades at several banks, while revenue growth assumptions and the future P/E estimate remain broadly in line with prior expectations. Analyst Commentary Recent research updates point to a cooler tone around Amplifon, with several bearish analysts lowering ratings and price targets in close succession.
Narrative Update Apr 22

AMP: Sector Downgrades And Lower P/E Assumptions Will Restrain Upside

Analysts have trimmed their upside expectations for Amplifon, cutting the fair value estimate from about €11.50 to roughly €8.00 after resetting P/E assumptions and factoring in recent sector downgrades from major houses. Analyst Commentary Recent research points to a more cautious stance on Amplifon, with several bearish analysts revisiting their assumptions after sector wide downgrades and reset P/E multiples.
Narrative Update Apr 07

AMP: Shares Should Recover As Reset Expectations Ease Execution Risk

Amplifon's analyst price target has been revised from €17.24 to €12.40, as analysts now factor in more cautious assumptions on revenue growth, profit margins and future P/E multiples following a series of recent downgrades. Analyst Commentary Recent downgrades and the lower price target to €12.40 reflect a reset in analyst expectations, with more cautious assumptions on Amplifon's revenue growth, profit margins and future P/E multiples.
Analysis Article Apr 01

Investors Can Find Comfort In Amplifon's (BIT:AMP) Earnings Quality

The most recent earnings report from Amplifon S.p.A. ( BIT:AMP ) was disappointing for shareholders. Despite the soft...
Narrative Update Mar 23

AMP: Higher Margins And Execution Will Counter Recent Downgrades

Analysts have trimmed their 12 month price target for Amplifon from about €21.43 to €17.00, reflecting updated views on slightly softer revenue growth assumptions, a higher discount rate and a lower future P/E multiple despite expecting a somewhat higher profit margin. Analyst Commentary Bullish analysts focusing on Amplifon are looking through the trimmed price target and concentrating on where execution and profitability could still support value for long term holders.
Narrative Update Mar 09

AMP: Fair Outlook As Updated Cash Flow And P/E Assumptions Temper Risk

Analysts now estimate Amplifon's fair value at €11.50, reduced from €14.00, reflecting updated assumptions that include a slightly higher discount rate, more moderate revenue growth, a lower profit margin and a marginally reduced future P/E multiple. What's in the News Board meeting scheduled for March 4, 2026, to approve the consolidated financial statements and draft separate financial statements for the year ended December 31, 2025, including the proposed allocation of the 2025 net result and the 2025 sustainability statement (company event) Board meeting planned for May 5, 2026, to approve the interim financial report as of March 31, 2026 (company event) Board meeting set for July 30, 2026, to approve the interim management report as of June 30, 2026 (company event) Board meeting scheduled for October 29, 2026, to approve the interim financial report as of September 30, 2026 (company event) Valuation Changes Fair Value: reduced from €14.00 to €11.50, a moderate cut to the estimated equity value per share.
Narrative Update Feb 23

AMP: Fair Outlook As Cash Flow Assumptions And P/E Support Balanced Risk

Analysts have modestly raised their price target on Amplifon to €14.00 from €14.00, reflecting slightly adjusted assumptions for the discount rate, revenue growth, and future P/E, while keeping their fair value view unchanged. What's in the News Board meeting scheduled for March 4, 2026, to approve the 2025 consolidated financial statements, the draft Amplifon S.p.A. financial statements at December 31, 2025, the proposed allocation of the 2025 net result, and the 2025 Sustainability Statement (company filing).
Narrative Update Feb 08

AMP: Margin Execution Over Weak End Markets Could Unlock Upside Potential

Analysts have trimmed their fair value estimate for Amplifon from €25.00 to about €21.43, citing concerns that weak end markets could weigh on sales through 2026 and slow the company's margin improvement plans. Analyst Commentary Bullish analysts are taking a cautious but constructive view, treating the current fair value reset and weak end market backdrop as already reflected in many forecasts.
Narrative Update Jan 25

AMP: Weak End Markets And Margin Timing Will Shape Future Risk Balance

Analysts have left their fair value estimate for Amplifon unchanged at €14.00, with updated assumptions on discount rate, growth, margins and future P/E that reflect a more cautious view on end market conditions and the potential timing of margin improvements cited in recent research. Analyst Commentary Recent research on Amplifon points to a more cautious mood, with bearish analysts highlighting that weaker end market conditions could weigh on sales expectations and slow the path to margin improvement.
Narrative Update Jan 11

AMP: Shares Should Recover As Margin Plan Outweighs Weak End Markets

Analysts have nudged their price target for Amplifon slightly lower to about €17.24 from roughly €17.30, reflecting updated assumptions on fair value, discount rate and revenue growth after recent research pointing to weaker end markets, trimmed Street targets around €15 to €19 and a more measured view on the timing of margin improvement. Analyst Commentary Recent research on Amplifon shows a mix of cautious and more constructive views, with price targets clustered between €15 and €19 and ratings spanning Neutral to Outperform.
Analysis Article Jan 03

Here's Why Amplifon (BIT:AMP) Has A Meaningful Debt Burden

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Dec 25

AMP: End Market Weakness And Margin Execution Will Shape Risk Reward Balance

Our Amplifon analyst price target has been revised down from EUR 15.95 to EUR 14.00, as analysts factor in weaker end markets and execution risk to margin improvement, despite slightly higher long term growth and profitability assumptions. Analyst Commentary Recent Street research reflects a more cautious stance on Amplifon, with several bearish analysts revising assumptions to reflect weaker demand trends and a slower path to profitability.
Analysis Article Dec 12

Returns Are Gaining Momentum At Amplifon (BIT:AMP)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Dec 11

AMP: Shares Will Rebound As Margin Plan Overcomes Weak End Markets

Analysts have trimmed their price target on Amplifon to EUR 17 from EUR 17.86, reflecting slightly weaker assumptions for margin recovery and growth as they balance concerns over soft end markets with a still constructive view on the stock's longer term risk/reward profile. Analyst Commentary Recent Street research reflects a more nuanced stance on Amplifon, with mixed views on the balance between near term earnings pressure and medium term value creation.
Analysis Article Nov 28

Is There Now An Opportunity In Amplifon S.p.A. (BIT:AMP)?

Amplifon S.p.A. ( BIT:AMP ), is not the largest company out there, but it saw significant share price movement during...
Narrative Update Nov 27

AMP: Shares Will Recover If Margin Improvement Plans Succeed

The analyst price target for Amplifon has been revised downward by EUR 0.31 to EUR 17.86, as analysts cite ongoing weak end markets and potential challenges to margin recovery and growth targets. Analyst Commentary Analysts have published new commentary on Amplifon following recent changes in the company's share price targets and outlook.
Analysis Article Nov 15

An Intrinsic Calculation For Amplifon S.p.A. (BIT:AMP) Suggests It's 31% Undervalued

Key Insights Amplifon's estimated fair value is €19.67 based on 2 Stage Free Cash Flow to Equity Current share price of...
Narrative Update Nov 11

AMP: Shares Are Expected To Recover From 40% Year-To-Date Drop

Amplifon's fair value price target has declined from €18.96 to €18.18. Analysts note a slightly higher discount rate and moderated revenue growth expectations, offset by improved projected profit margins and a lower forward P/E ratio.
Narrative Update Oct 28

Fit4Growth And Consolidation Will Drive Rebound Amid Shifting Market Sentiment

Amplifon's analyst price target has been reduced from approximately €19.80 to €18.96. This change reflects slightly lower revenue growth and profit margin expectations, as analysts factor in recent downward price target revisions and ongoing share price underperformance.
Narrative Update Oct 13

Fit4Growth And Consolidation Will Unlock Hearing Aid Potential

Analysts have reduced their price target for Amplifon by EUR 1.20 to EUR 22.60. This change reflects slightly lower fair value estimates and modest adjustments in growth and profitability assumptions.
Analysis Article Aug 21

Is Amplifon (BIT:AMP) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 06

Amplifon S.p.A. (BIT:AMP) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Amplifon S.p.A. ( BIT:AMP ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Aug 04

Amplifon S.p.A. (BIT:AMP) Just Reported, And Analysts Assigned A €20.93 Price Target

Shareholders in Amplifon S.p.A. ( BIT:AMP ) had a terrible week, as shares crashed 27% to €14.84 in the week since its...
Analysis Article Jul 28

Return Trends At Amplifon (BIT:AMP) Aren't Appealing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article Jul 08

Estimating The Fair Value Of Amplifon S.p.A. (BIT:AMP)

Key Insights Amplifon's estimated fair value is €22.19 based on 2 Stage Free Cash Flow to Equity Amplifon's €20.25...
Analysis Article Jun 20

Amplifon S.p.A.'s (BIT:AMP) Price Is Out Of Tune With Earnings

With a price-to-earnings (or "P/E") ratio of 32.2x Amplifon S.p.A. ( BIT:AMP ) may be sending very bearish signals at...
Analysis Article May 09

Earnings Miss: Amplifon S.p.A. Missed EPS By 13% And Analysts Are Revising Their Forecasts

Amplifon S.p.A. ( BIT:AMP ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
Analysis Article Apr 17

We Think Shareholders May Want To Consider A Review Of Amplifon S.p.A.'s (BIT:AMP) CEO Compensation Package

Key Insights Amplifon to hold its Annual General Meeting on 23rd of April CEO Enrico Vita's total compensation includes...
Analysis Article Apr 07

Amplifon (BIT:AMP) Hasn't Managed To Accelerate Its Returns

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Mar 22

These 4 Measures Indicate That Amplifon (BIT:AMP) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 11

Amplifon S.p.A.'s (BIT:AMP) Popularity With Investors Is Clear

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
Analysis Article Dec 30

Investors Will Want Amplifon's (BIT:AMP) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Dec 15

Is Now The Time To Look At Buying Amplifon S.p.A. (BIT:AMP)?

Amplifon S.p.A. ( BIT:AMP ), might not be a large cap stock, but it saw significant share price movement during recent...
User avatar
New Narrative Dec 07

US Direct Retail Shift And Global Expansion Set To Boost Profit Margins

Amplifon's strategic expansion in the U.S. and major markets through network conversion and acquisitions could enhance revenue growth and market control.
Analysis Article Dec 01

An Intrinsic Calculation For Amplifon S.p.A. (BIT:AMP) Suggests It's 26% Undervalued

Key Insights The projected fair value for Amplifon is €32.51 based on 2 Stage Free Cash Flow to Equity Amplifon's...
Analysis Article Nov 17

Amplifon (BIT:AMP) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 02

Amplifon S.p.A. Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Amplifon S.p.A. ( BIT:AMP ) filed its third-quarter result this time last week...
Analysis Article Oct 28

Amplifon S.p.A. (BIT:AMP) Not Lagging Market On Growth Or Pricing

Amplifon S.p.A.'s ( BIT:AMP ) price-to-earnings (or "P/E") ratio of 38.3x might make it look like a strong sell right...
Analysis Article Sep 02

What Does Amplifon S.p.A.'s (BIT:AMP) Share Price Indicate?

Amplifon S.p.A. ( BIT:AMP ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Aug 17

A Look At The Intrinsic Value Of Amplifon S.p.A. (BIT:AMP)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Amplifon fair value estimate is €31.70 Amplifon's €28.86 share...
Analysis Article Aug 02

Analysts Are Updating Their Amplifon S.p.A. (BIT:AMP) Estimates After Its Half-Year Results

Last week, you might have seen that Amplifon S.p.A. ( BIT:AMP ) released its interim result to the market. The early...
Analysis Article Jul 27

Amplifon (BIT:AMP) Is Doing The Right Things To Multiply Its Share Price

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 11

We Think Amplifon (BIT:AMP) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 25

Investors Still Waiting For A Pull Back In Amplifon S.p.A. (BIT:AMP)

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
Analysis Article May 09

Amplifon S.p.A. (BIT:AMP) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Investors in Amplifon S.p.A. ( BIT:AMP ) had a good week, as its shares rose 6.1% to close at €33.36 following the...

Shareholder Returns

AMPIT HealthcareIT Market
7D-0.6%0.5%-0.6%
1Y-48.1%-11.4%17.8%

Return vs Industry: AMP underperformed the Italian Healthcare industry which returned -11.4% over the past year.

Return vs Market: AMP underperformed the Italian Market which returned 17.8% over the past year.

Price Volatility

Is AMP's price volatile compared to industry and market?
AMP volatility
AMP Average Weekly Movement7.7%
Healthcare Industry Average Movement5.0%
Market Average Movement5.0%
10% most volatile stocks in IT Market8.8%
10% least volatile stocks in IT Market3.1%

Stable Share Price: AMP's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: AMP's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Italian stocks.

About the Company

FoundedEmployeesCEOWebsite
195013,435Enrico Vitawww.amplifon.com

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. Fundamentals Summary

How do Amplifon's earnings and revenue compare to its market cap?
AMP fundamental statistics
Market cap€2.84b
Earnings (TTM)€68.97m
Revenue (TTM)€2.39b
41.2x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMP income statement (TTM)
Revenue€2.39b
Cost of Revenue€1.82b
Gross Profit€565.83m
Other Expenses€496.86m
Earnings€68.97m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 30, 2026

Earnings per share (EPS)0.26
Gross Margin23.70%
Net Profit Margin2.89%
Debt/Equity Ratio121.6%

How did AMP perform over the long term?

See historical performance and comparison

Dividends

2.7%
Current Dividend Yield
93%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 03:42
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Amplifon S.p.A. is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paola SagliettiBanca Akros S.p.A. (ESN)
Hassan Al-WakeelBarclays
Susannah LudwigBernstein