Allied Motion Technologies Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 30.91
Dividend & Yield0.10$ (0.29%)
Beta 1.53
Market capitalization 541.05M
Operating cash flow -342k
ESG Scores unknown

Company description

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.

Sector: Technology - Industry: Electronic Components

Financial Ratios
Quick Ratio1.1
Working Capital0.25
Return On Equity0.13
Debt To Equity0.85
Fixed Asset Ratio0.26
Fixed Interest Cover8.37

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 6.53M -1.81M -1.87M 8.29M
Total Cashflows From Investing Activities -91.75M -14.88M -24.1M -60.97M
Net Borrowings 69.43M -12.86M 10.08M 39.13M
Total Cash From Financing Activities 67.78M -14.78M 7.49M 35.83M
Change To Operating Activities 1.2M 1.7M -4.92M -1.16M
Issuance Of Stock 1.08M
Net Income 15.93M 17.02M 13.64M 24.09M
Change In Cash -6.92M 4.74M 9.71M -668k
Effect Of Exchange Rate -400k -128k 1.49M -932k
Total Cash From Operating Activities 17.45M 34.53M 24.84M 25.4M
Depreciation 11.58M 14.86M 15.98M 18.11M
Change To Account Receivables -4.11M -1.46M 2.71M -170k
Other Cashflows From Financing Activities -72k -401k -401k
Change To Netincome 3.5M 3.97M 3.84M -1.02M
Capital Expenditures -14.33M -14.88M -9.37M -13.72M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 19.91M 23.09M 25.49M 27.82M
Income Before Tax 20.68M 23.84M 18.78M 23.11M
Net Income 15.93M 17.02M 13.64M 24.09M
Selling General Administrative 44.61M 54.34M 53.69M 59.92M
Gross Profit 91.4M 112.58M 108.58M 121.06M
Ebit 23.23M 29.44M 23.47M 27.07M
Operating Income 23.23M 29.44M 23.47M 27.07M
Interest Expense -2.7M -5.13M -3.72M -3.24M
Income Tax Expense 4.76M 6.82M 5.13M -981k
Total Revenue 310.61M 371.08M 366.69M 403.52M
Cost Of Revenue 219.21M 258.5M 258.12M 282.46M
Total Other Income ExpenseNet -2.55M -5.6M -4.69M -3.96M
Net Income From Continuing Ops 15.93M 17.02M 13.64M 24.09M
Net Income Applicable To Common Shares 15.93M 17.02M 13.64M 24.09M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 183.49M 186.63M 206.14M 283.02M
Total Stockholder Equity 101.81M 119.19M 143.06M 187.76M
Other Current Liabilities 2.15M 3.76M 3.93M 17.65M
Total Assets 285.3M 305.83M 349.2M 470.79M
Common Stock 33.61M 37.14M 41.28M 68.1M
Other Current Assets 39k
Retained Earnings 76.72M 92.59M 105.06M 127.76M
Treasury Stock -8.52M -10.53M -3.29M -8.09M
Cash 8.67M 13.42M 23.13M 22.46M
Total Current Liabilities 44.59M 46.64M 52.53M 78.37M
Other Stockholder Equity -8.52M -10.53M -3.29M -8.09M
Property, Plant, and Equipment 48.03M 69.43M 74.45M 73.97M
Total Current Assets 110.89M 115.64M 142.21M 175.96M
Net Tangible Assets -19.18M 3.76M 15.34M -22.66M
Net Receivables 43.25M 44.43M 47.38M 51.24M
Accounts Payable 25.87M 23.64M 27.67M 36.71M


Insider Transactions

Here are the insider transactions of stock shares related to Allied Motion Technologies Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MAY KENNETH ARTHURStock Award(Grant) at price 29.77 per share.D2022-08-15Chief Technology Officer1.5k
TZETZO NICOLE RPurchase at price 22.36 - 22.95 per share.D2022-05-10Director400
ENGEL ROBERT B.Purchase at price 23.00 - 23.75 per share.D2022-05-09Director2k
TANOUS JAMES JStock Award(Grant) at price 24.99 per share.D2022-05-05Director2.77k
FEDERICO RICHARD DStock Award(Grant) at price 24.99 per share.D2022-05-05Director2.77k
WINTER MICHAEL RStock Award(Grant) at price 24.99 per share.D2022-05-05Director2.77k
FINCH STEVEN C.Stock Award(Grant) at price 24.99 per share.D2022-05-05Director2.77k
ENGEL ROBERT B.Stock Award(Grant) at price 24.99 per share.D2022-05-05Director2.77k
TZETZO NICOLE RStock Award(Grant) at price 24.99 per share.D2022-05-05Director2.77k
TZETZO NICOLE RPurchase at price 29.64 - 30.27 per share.D2022-03-23Director400
WARZALA RICHARD SStock Award(Grant) at price 34.39 per share.D2022-03-08Chief Executive Officer28.35k
MAIDA ROBERT PStock Award(Grant) at price 34.39 per share.D2022-03-08Officer4.38k
LEACH MICHAEL R.Stock Award(Grant) at price 34.39 per share.D2022-03-08Chief Financial Officer4.78k
PIRTHAUER HELMUTStock Award(Grant) at price 34.39 per share.D2022-03-08Officer2.02k
RONDEAU GEOFFERYStock Award(Grant) at price 34.39 per share.D2022-03-08Officer1.4k
BENDRE ASHISHStock Award(Grant) at price 34.39 per share.D2022-03-08Officer1.65k
WARZALA RICHARD SStock Award(Grant) at price 34.16 per share.D2022-02-22Chief Executive Officer50.16k
MAIDA ROBERT PStock Award(Grant) at price 34.16 per share.D2022-02-22Officer5.45k
LEACH MICHAEL R.Stock Award(Grant) at price 34.16 per share.D2022-02-22Chief Financial Officer6.93k
BENDRE ASHISHStock Award(Grant) at price 34.16 per share.D2022-02-22Officer600
WARZALA RICHARD SStock Gift at price 0.00 per share.D2021-12-27Chief Executive Officer5k
ENGEL ROBERT B.Purchase at price 31.72 per share.D2021-08-20Director1.5k
TANOUS JAMES JStock Award(Grant) at price 0.00 per share.D2021-05-06Director1.7k
FEDERICO RICHARD DStock Award(Grant) at price 0.00 per share.D2021-05-06Director1.7k
WINTER MICHAEL RStock Award(Grant) at price 0.00 per share.D2021-05-06Director1.7k
FINCH STEVEN C.Stock Award(Grant) at price 0.00 per share.D2021-05-06Director1.7k
ENGEL ROBERT B.Stock Award(Grant) at price 0.00 per share.D2021-05-06Director1.7k
TZETZO NICOLE RStock Award(Grant) at price 0.00 per share.D2021-05-06Director1.7k
BENDRE ASHISHStock Award(Grant) at price 52.28 per share.D2021-04-01Officer699
WARZALA RICHARD SStock Award(Grant) at price 0.00 per share.D2021-03-10Chief Executive Officer28.13k
MAIDA ROBERT PStock Award(Grant) at price 0.00 per share.D2021-03-10Officer4.5k
LEACH MICHAEL R.Stock Award(Grant) at price 0.00 per share.D2021-03-10Chief Financial Officer5.08k
PIRTHAUER HELMUTStock Award(Grant) at price 0.00 per share.D2021-03-10Officer1.43k
RONDEAU GEOFFERYStock Award(Grant) at price 0.00 per share.D2021-03-10Officer979
BENDRE ASHISHStock Award(Grant) at price 0.00 per share.D2021-03-10Officer798
WARZALA RICHARD SStock Gift at price 0.00 per share.D2020-12-09Chief Executive Officer5k
WARZALA RICHARD SSale at price 41.05 - 43.18 per share.D2020-12-04Chief Executive Officer32.33k
WARZALA RICHARD SSale at price 40.75 - 40.97 per share.D2020-12-02Chief Executive Officer2.52k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Allied Motion Technologies Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Allied Motion Technologies Inc

Here is the result of two systematic investment strategies applied to Allied Motion Technologies Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Allied Motion Technologies Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Allied Motion Technologies Inc:

Allied Motion Technologies Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 7.89% on the backtest period.

Performance at glance

Performance

7.89 %

Latent gain

138.24 $

Invested capital

1752.44 $

Annualized return

1.92 %
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Momentum strategy results on Allied Motion Technologies Inc

This is the result of two momentum investment strategies applied to Allied Motion Technologies Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Allied Motion Technologies Inc

The following chart shows all the entries opened by the momentum investment system on Allied Motion Technologies Inc:

Allied Motion Technologies Inc momentum entries
  • The first momentum investment strategy would give 16.77% of return on Allied Motion Technologies Inc. That represents 944.36$ of latent gain with 5630.05$ of employed capital.
  • The second momentum investment strategy would give 9.12% of return on Allied Motion Technologies Inc. That represents 287.32$ of latent gain with 3150.28$ of employed capital.
Performance at glance (1Q Momentum)

Performance

16.77 %

Latent gain

944.36 $

Invested capital

5630.05 $

Annualized return

3.36 %
Performance at glance (2Q Momentum)

Performance

9.12 %

Latent gain

287.32 $

Invested capital

3150.28 $

Annualized return

2.52 %

Momentum equity curve on Allied Motion Technologies Inc

The following chart shows the equity curve of the two momentum strategies applied to Allied Motion Technologies Inc:

Allied Motion Technologies Inc momentum equity

Note: the dividends potentially given by Allied Motion Technologies Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Allied Motion Technologies Inc

The following chart shows the employed capital evolution of the two momentum strategies on Allied Motion Technologies Inc since the beginning:

Allied Motion Technologies Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Allied Motion Technologies Inc

Buy the dip entry openings on Allied Motion Technologies Inc

Allied Motion Technologies Inc

The performance achieved by the robo-advisor on Allied Motion Technologies Inc is 7.05%. That represents 36.79$ of latent gain with 521.82$ of employed capital. The following chart shows Allied Motion Technologies Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Allied Motion Technologies Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

7.05 %

Latent gain

36.79 $

Invested capital

521.82 $

Annualized return

3.36 %

Equity curve of the strategy applied to Allied Motion Technologies Inc

The following chart shows the result of the investment strategy applied to Allied Motion Technologies Inc:

Allied Motion Technologies Inc

Note: the dividends potentially given by Allied Motion Technologies Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Allied Motion Technologies Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Allied Motion Technologies Inc:

Allied Motion Technologies Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Allied Motion Technologies Inc

In this section, I will compare the three previous investment strategies applied to Allied Motion Technologies Inc.

Equity curve comparison on Allied Motion Technologies Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Allied Motion Technologies Inc investment strategy comparison

Employed capital comparison on Allied Motion Technologies Inc

Allied Motion Technologies Inc investment comparison

Performance comparison on Allied Motion Technologies Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 7.89% 138.24$ 1752.44$ 1.92%
Momentum 1 quarter 16.77% 944.36$ 5630.05$ 4.34%
Momentum 2 quarters 9.12% 287.32$ 3150.28$ 2.52%
Non-directional 7.05% 36.79$ 521.82$ 3.36%
Annualized return comparison

Automatic investment

1.92 %

Momentum 1Q

2.52 %

Momentum 2Q

2.52 %

Non-directional

3.36 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Allied Motion Technologies Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • ARION

  • Note: The algorithm computes the probability of correlation between Allied Motion Technologies Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Allied Motion Technologies Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Allied Motion Technologies Inc
    Country United States
    City Amherst
    Address 495 Commerce Drive
    Phone 716 242 8634
    Website www.alliedmotion.com
    FullTime employees 1950
    Industry Electronic Components
    Sector Technology
    Exchange XNAS
    Ticker AMOT
    Market www.nasdaq.com

    Allied Motion Technologies Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown