Investors should take notice of NYSE:ATKR—it offers a great deal for the fundamentals it presents.

Consider ATKORE INC (NYSE:ATKR) as a top value stock, identified by our stock screening tool. NYSE:ATKR shines in terms of profitability, solvency, and liquidity, all while remaining very reasonably priced. Let's dive deeper into the analysis.

Valuation Assessment of NYSE:ATKR

ChartMill assigns a Valuation Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing different valuation elements, such as price to earnings and free cash flow, both in absolute terms and relative to the market and industry. In the case of NYSE:ATKR, the assigned 8 reflects its valuation:

• With a Price/Earnings ratio of 5.48, the valuation of ATKR can be described as very cheap.
• ATKR's Price/Earnings ratio is rather cheap when compared to the industry. ATKR is cheaper than 98.91% 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 28.09.
• The Price/Forward Earnings ratio is 6.65, which indicates a rather cheap valuation of ATKR.
• Based on the Price/Forward Earnings ratio, ATKR is valued cheaper than 98.91% of the companies in the same industry.
• When comparing the Price/Forward Earnings ratio of ATKR to the average of the S&P500 Index (94.77), we can say ATKR is valued rather cheaply.
• ATKR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATKR is cheaper than 98.91% of the companies in the same industry.
• 96.74% 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 9 out of 10:

• ATKR's Return On Assets of 17.30% is amongst the best of the industry. ATKR outperforms 98.91% of its industry peers.
• With an excellent Return On Equity value of 34.00%, ATKR belongs to the best of the industry, outperforming 97.83% of the companies in the same industry.
• ATKR's Return On Invested Capital of 22.65% is amongst the best of the industry. ATKR outperforms 96.74% of its industry peers.
• ATKR had an Average Return On Invested Capital over the past 3 years of 32.71%. This is significantly above the industry average of 10.17%.
• The last Return On Invested Capital (22.65%) for ATKR is well below the 3 year average (32.71%), which needs to be investigated, but indicates that ATKR had better years and this may not be a problem.
• Looking at the Profit Margin, with a value of 13.27%, ATKR belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
• In the last couple of years the Profit Margin of ATKR has grown nicely.
• ATKR has a better Operating Margin (17.93%) than 94.57% of its industry peers.
• In the last couple of years the Operating Margin of ATKR has grown nicely.
• With a decent Gross Margin value of 32.33%, ATKR is doing good in the industry, outperforming 78.26% of the companies in the same industry.
• ATKR's Gross Margin has improved in the last couple of years.

Analyzing Health Metrics

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:ATKR has achieved a 8 out of 10:

• ATKR has an Altman-Z score of 3.91. This indicates that ATKR is financially healthy and has little risk of bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 3.91, ATKR is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
• The Debt to FCF ratio of ATKR is 2.40, which is a good value as it means it would take ATKR, 2.40 years of fcf income to pay off all of its debts.
• Looking at the Debt to FCF ratio, with a value of 2.40, ATKR is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
• Although ATKR does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
• A Current Ratio of 3.03 indicates that ATKR has no problem at all paying its short term obligations.
• The Current ratio of ATKR (3.03) is better than 77.17% of its industry peers.
• ATKR's Quick ratio of 1.96 is fine compared to the rest of the industry. ATKR outperforms 76.09% of its industry peers.

Growth Assessment of NYSE:ATKR

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NYSE:ATKR has received 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 31.86% on average per year.
• ATKR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.92%.
• Measured over the past years, ATKR shows a quite strong growth in Revenue. The Revenue has been growing by 10.81% on average per year.

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

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

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.