TacticScaleWhat AMETEK Does & How It Makes Money (AME)
Updated October 2026 · reflects AMETEK's latest reported financials
Diversified maker of electronic instruments and electromechanical devices. It earns money by selling instruments, components and systems to industrial, aerospace, defense, medical, energy and laboratory customers.
How AMETEK makes money
It earns money by selling instruments, components and systems to industrial, aerospace, defense, medical, energy and laboratory customers. It also earns service revenue from aviation maintenance, repair and overhaul (MRO) work.
What AMETEK does
AMETEK, Inc. is a diversified industrial technology company founded in 1930 and headquartered in Berwyn, Pennsylvania. It has two segments. Electronic Instruments (EIG) makes advanced, process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, laboratory, medical, power and aerospace markets. Its products include power quality meters, uninterruptible power supplies, test equipment, heavy-truck dashboard instruments and aircraft sensors and data systems. Electromechanical (EMG) supplies engineered components: medical and surgical parts, electrical connectors and electronics packaging, precision motion control products, and high-purity powdered and clad metals. It also makes motor-blower systems and heat exchangers for aircraft and military vehicles, and motors for appliances and industrial equipment. The segment also runs a network of aviation MRO facilities. The company sells in the United States and internationally, to a wide range of niche industrial and technical end markets.
Products & services
- Process and analytical instruments
- Power quality monitoring and uninterruptible power supplies
- Aircraft and engine sensors and data acquisition systems
- Precision motion control products and motors
- Specialty metals, powdered metals and clad metals
- Aviation maintenance, repair and overhaul services
What is AMETEK worth?
On an owner-earnings DCF, AMETEK's most-likely value is about $202 versus a recent price near $249 (19% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$80) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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