Ampco-Pittsburgh Corporation (AP) AI Stock Analysis
AP AI stock analysis summary
AI ResearchAmpco-Pittsburgh Corporation is a manufacturer and distributor of specialty metal products and customized equipment across industrial sectors. The company generated $428.0M in trailing twelve months revenue with an operating margin of 6.4%, while recording a net loss per share of -$2.94. Its stock has appreciated 287.8% over the past year, closing at $8.26 as of October 16, 2026.
- Market cap
- $170.6M
- Revenue (TTM)
- $428.0M
- P/E
- — fwd 29.4x
- 1Y return
- 287.8% S&P 500 16.8%
- Avg. target
- $5.00 -39.5% vs last close
Bull case
- AP shares gained 287.8% over the past year, substantially outperforming the S&P 500 return of 16.8%.
- In the latest quarter ended June 30, 2026, Ampco-Pittsburgh delivered quarterly earnings growth of 400.0% year-over-year.
- The company trades at an EV/EBITDA multiple of 8.3x, below the median of 13.9x for its US-listed Industrials peers.
Bear case
- Ampco-Pittsburgh posted a net loss of -$66.1M in FY2025, driven by a drop in gross margin to 13.4%.
- The balance sheet carries high leverage, with total debt of $142.1M against cash and short-term investments of only $7.0M as of June 30, 2026.
- Analysts set a mean price target of $5.00, representing a potential drop of 39.5% from the last close of $8.26.
What Ampco-Pittsburgh does
Ampco-Pittsburgh Corporation manufactures and distributes specialty metal products and customized equipment through two main segments: Forged and Cast Engineered Products (FCEG) and Air and Liquid Processing. FCEG produces forged hardened steel rolls for cold rolling mills, cast rolls for hot and cold strip mills, and forged engineered products for steel distribution, oil and gas, and extrusion industries. The segment also distributes tool steels, alloys, and carbon round bars. The Air and Liquid Processing segment specializes in custom-engineered finned tube heat exchange coils, heat transfer products, and custom-designed air handling systems serving commercial, nuclear power generation, and pharmaceutical markets.
Growth and profitability
Ampco-Pittsburgh expanded revenue at a 5-year CAGR of 5.7% from FY2020 to FY2025. Annual revenue grew from $344.9M in FY2021 to $434.2M in FY2025, with revenue growth of 3.8% in FY2025 following a contraction of 1.0% in FY2024. Profitability has fluctuated substantially: gross margin fell from 19.5% in FY2024 to 13.4% in FY2025, while net income shifted from $438,000 to a net loss of -$66.1M, yielding an eps of -$3.26. Over the trailing twelve months, revenue reached $428.0M with a profit margin of -13.8%. In the latest quarter ended June 30, 2026, quarterly revenue fell 9.0% year-over-year, while quarterly earnings grew 400.0%.
Balance sheet and cash flow
As of the quarter ended June 30, 2026, Ampco-Pittsburgh held $7.0M in cash and short-term investments alongside total debt of $142.1M, resulting in net debt of $135.0M. The company reported shareholders' equity of $31.1M against total assets of $490.9M, producing a debt-to-equity ratio of 4.57 and a current ratio of 1.78. In FY2025, operating cash flow stood at $1.3M and capital expenditures were $9.4M, leaving free cash flow at -$8.1M. Share issuance totaled $18,000 for FY2025, while share count increased 12.3% over five years.
Valuation and performance
Ampco-Pittsburgh carries a market capitalization of $170.6M and an enterprise value of $309.0M. The stock trades at a forward P/E of 29.4x, which is higher than the 17.2x median of its US-listed Industrials peers. Its EV/EBITDA of 8.3x and price-to-sales ratio of 0.4x sit below the peer group medians of 13.9x and 1.5x, respectively. The stock also trades at a price-to-book ratio of 5.6x and a PEG ratio of 1.12. Over the past year, AP returned 287.8%, outpacing the S&P 500 (SPY) return of 16.8%, though its 5-year return of 76.1% lagged the index's 83.0%.
What analysts expect
Analysts maintain a mean price target of $5.00 for Ampco-Pittsburgh, indicating downside potential of 39.5% from the last closing price of $8.26 recorded on October 16, 2026. Over the last four quarters, the company registered 0 EPS beats against expectations. Looking forward, the company is scheduled to report its next earnings results on November 11, 2026.
Key risks and what to watch
- The company's debt-to-equity ratio reached 4.57 as of June 30, 2026, posing financial risk given net debt of $135.0M.
- Quarterly revenue fell 9.0% year-over-year in the period ended June 30, 2026, signaling demand pressure.
- Ampco-Pittsburgh recorded negative free cash flow of -$8.1M in FY2025 after operating cash flow fell to $1.3M.
- The company produced 0 EPS beats over the last four quarters, highlighting execution and forecasting challenges.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AP AI stock analysis
This page is an AI-written research summary of Ampco-Pittsburgh Corporation (AP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AP income statement, AP balance sheet, AP key metrics, AP chart. See the AP stock overview for the latest quote and news.
AP AI stock analysis FAQ
What does Ampco-Pittsburgh Corporation do?
Ampco-Pittsburgh Corporation manufactures specialty metal products, including forged and cast rolls for rolling mills, as well as air and liquid processing equipment like custom heat exchange coils and air handling systems.
What was Ampco-Pittsburgh's revenue and net income in FY2025?
In FY2025, Ampco-Pittsburgh reported revenue of $434.2M and a net loss of -$66.1M, representing an EPS of -$3.26.
What is Ampco-Pittsburgh's debt position?
As of June 30, 2026, Ampco-Pittsburgh held $7.0M in cash and short-term investments, $142.1M in total debt, and net debt of $135.0M, resulting in a debt-to-equity ratio of 4.57.
What is the consensus analyst price target for AP stock?
The mean analyst price target for AP is $5.00, which is 39.5% below its October 16, 2026 closing price of $8.26.
When is Ampco-Pittsburgh's next earnings report?
Ampco-Pittsburgh's next earnings report is scheduled for November 11, 2026.