Don't overlook NYSE:ATKR—it's a hidden gem with strong fundamentals and an attractive price tag.

ATKORE INC (NYSE:ATKR) is a hidden gem identified by our stock screening tool, featuring undervaluation and robust fundamentals. NYSE:ATKR showcases decent financial health and profitability, coupled with an attractive price. Let's dig deeper into the analysis.

Looking at the Valuation

To assess a stock's valuation, ChartMill utilizes a Valuation Rating on a scale of 0 to 10. This comprehensive assessment considers various valuation aspects, comparing price to earnings and cash flows, while factoring in profitability and growth. NYSE:ATKR has achieved a 8 out of 10:

• ATKR is valuated reasonably with a Price/Earnings ratio of 8.60.
• ATKR's Price/Earnings ratio is rather cheap when compared to the industry. ATKR is cheaper than 97.65% of the companies in the same industry.
• ATKR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.27.
• The Price/Forward Earnings ratio is 8.61, which indicates a very decent valuation of ATKR.
• Based on the Price/Forward Earnings ratio, ATKR is valued cheaper than 95.29% of the companies in the same industry.
• ATKR is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.18, which is the current average of the S&P500 Index.
• Based on the Enterprise Value to EBITDA ratio, ATKR is valued cheaper than 94.12% of the companies in the same industry.
• 89.41% of the companies in the same industry are more expensive than ATKR, based on the Price/Free Cash Flow ratio.
• The excellent profitability rating of ATKR may justify a higher PE ratio.

Profitability Insights: NYSE:ATKR

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:ATKR has earned a 10 out of 10:

• With an excellent Return On Assets value of 20.22%, ATKR belongs to the best of the industry, outperforming 97.65% of the companies in the same industry.
• ATKR's Return On Equity of 38.77% is amongst the best of the industry. ATKR outperforms 97.65% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 24.34%, ATKR belongs to the top of the industry, outperforming 97.65% of the companies in the same industry.
• The Average Return On Invested Capital over the past 3 years for ATKR is significantly above the industry average of 11.15%.
• The last Return On Invested Capital (24.34%) for ATKR is well below the 3 year average (37.67%), which needs to be investigated, but indicates that ATKR had better years and this may not be a problem.
• ATKR has a Profit Margin of 18.03%. This is amongst the best in the industry. ATKR outperforms 96.47% of its industry peers.
• In the last couple of years the Profit Margin of ATKR has grown nicely.
• ATKR has a better Operating Margin (22.96%) than 96.47% of its industry peers.
• ATKR's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 36.52%, ATKR belongs to the top of the industry, outperforming 84.71% of the companies in the same industry.
• ATKR's Gross Margin has improved in the last couple of years.

What does the Health looks like for NYSE:ATKR

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:ATKR has earned a 9 out of 10:

• An Altman-Z score of 5.27 indicates that ATKR is not in any danger for bankruptcy at the moment.
• ATKR's Altman-Z score of 5.27 is amongst the best of the industry. ATKR outperforms 84.71% of its industry peers.
• ATKR has a debt to FCF ratio of 1.78. This is a very positive value and a sign of high solvency as it would only need 1.78 years to pay back of all of its debts.
• With an excellent Debt to FCF ratio value of 1.78, ATKR belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
• A Debt/Equity ratio of 0.49 indicates that ATKR is not too dependend on debt financing.
• Even though the debt/equity ratio score it not favorable for ATKR, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
• A Current Ratio of 3.09 indicates that ATKR has no problem at all paying its short term obligations.
• ATKR's Current ratio of 3.09 is fine compared to the rest of the industry. ATKR outperforms 75.29% of its industry peers.
• Looking at the Quick ratio, with a value of 1.98, ATKR is in the better half of the industry, outperforming 75.29% of the companies in the same industry.

Evaluating Growth: NYSE:ATKR

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:ATKR scores a 4 out of 10:

• Measured over the past years, ATKR shows a very strong growth in Earnings Per Share. The EPS has been growing by 47.93% on average per year.
• Measured over the past years, ATKR shows a quite strong growth in Revenue. The Revenue has been growing by 13.91% on average per year.

More Decent Value stocks can be found in our Decent Value screener.

Check the latest full fundamental report of ATKR for a complete fundamental analysis.

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.