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Should Quality-Oriented Investors Explore ATKORE INC (NYSE:ATKR)?

By Mill Chart

Last update: Jan 16, 2024

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if ATKORE INC (NYSE:ATKR) is suited for quality investing. Investors should of course do their own research, but we spotted ATKORE INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Highlighting Notable Quality Metrics of NYSE:ATKR.

  • Over the past 5 years, ATKORE INC has experienced impressive revenue growth, with 13.91% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • With a robust ROIC excluding cash and goodwill at 54.94%, ATKORE INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • With a favorable Debt/Free Cash Flow Ratio of 1.3, ATKORE INC showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
  • ATKORE INC demonstrates consistent Profit Quality over the past 5 years, with a strong 104.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • With a robust 5-year EBIT growth of 37.53%, ATKORE INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • With EBIT 5-year growth outpacing its Revenue 5-year growth, ATKORE INC showcases its effective cost management and enhanced operational performance. This suggests the company's ability to generate higher earnings from its revenue streams.

What else is there to say on the fundamentals of NYSE:ATKR?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

ATKR gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 87 industry peers in the Electrical Equipment industry. ATKR gets an excellent profitability rating and is at the same time showing great financial health properties. ATKR is cheap, but on the other hand it scores bad on growth. These ratings could make ATKR a good candidate for value investing.

For an up to date full fundamental analysis you can check the fundamental report of ATKR

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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