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Should Quality Investors Include NYSE:ATKR in Their Portfolio?

By Mill Chart

Last update: Apr 25, 2024

In this article we will dive into ATKORE INC (NYSE:ATKR) as a possible candidate for quality investing. Investors should always do their own research, but we noticed ATKORE INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Why NYSE:ATKR may be interesting for quality investors.

  • ATKORE INC has shown strong performance in revenue growth over the past 5 years, with a 13.91% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
  • With a robust ROIC excluding cash and goodwill at 48.52%, 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.
  • ATKORE INC maintains a healthy Debt/Free Cash Flow Ratio of 1.42, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
  • The Profit Quality (5-year) of ATKORE INC stands at 104.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • 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.
  • ATKORE INC has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

Fundamental analysis of NYSE:ATKR

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

ATKR gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 87 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making ATKR a very profitable company, without any liquidiy or solvency issues. ATKR is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make ATKR a good candidate for value investing.

Our latest full fundamental report of ATKR contains the most current fundamental analsysis.

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

Keep in mind

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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