ATKORE INC (ATKR)
US0476491081 - Common Stock
We assign a fundamental rating of 7 out of 10 to ATKR. ATKR was compared to 88 industry peers in the Electrical Equipment industry. ATKR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ATKR may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, ATKR could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
ATKR had positive earnings in the past year.
ATKR had a positive operating cash flow in the past year.
Each year in the past 5 years ATKR has been profitable.
ATKR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ATKR has a better Return On Assets (19.96%) than 100.00% of its industry peers.
With an excellent Return On Equity value of 39.16%, ATKR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 25.77%, ATKR belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
ATKR had an Average Return On Invested Capital over the past 3 years of 32.71%. This is significantly above the industry average of 9.38%.
The 3 year average ROIC (32.71%) for ATKR is well above the current ROIC(25.77%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.96% | ||
| ROE | 39.16% | ||
| ROIC | 25.77% |
ROA(3y)24.39%
ROA(5y)21.76%
ROE(3y)49.5%
ROE(5y)50.91%
ROIC(3y)32.71%
ROIC(5y)30.36%
1.3 Margins
ATKR's Profit Margin of 15.07% is amongst the best of the industry. ATKR outperforms 93.18% of its industry peers.
ATKR's Profit Margin has improved in the last couple of years.
ATKR has a better Operating Margin (20.00%) than 97.73% of its industry peers.
In the last couple of years the Operating Margin of ATKR has grown nicely.
The Gross Margin of ATKR (34.20%) is better than 79.55% of its industry peers.
ATKR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20% | ||
| PM (TTM) | 15.07% | ||
| GM | 34.2% |
OM growth 3Y-10.58%
OM growth 5Y10.46%
PM growth 3Y-9.54%
PM growth 5Y15.6%
GM growth 3Y-4.33%
GM growth 5Y5.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ATKR is creating value.
Compared to 1 year ago, ATKR has less shares outstanding
The number of shares outstanding for ATKR has been reduced compared to 5 years ago.
Compared to 1 year ago, ATKR has an improved debt to assets ratio.
2.2 Solvency
ATKR has an Altman-Z score of 4.26. This indicates that ATKR is financially healthy and has little risk of bankruptcy at the moment.
ATKR has a better Altman-Z score (4.26) than 82.95% of its industry peers.
The Debt to FCF ratio of ATKR is 1.94, which is an excellent value as it means it would take ATKR, only 1.94 years of fcf income to pay off all of its debts.
ATKR's Debt to FCF ratio of 1.94 is amongst the best of the industry. ATKR outperforms 85.23% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that ATKR is somewhat dependend on debt financing.
ATKR's Debt to Equity ratio of 0.50 is on the low side compared to the rest of the industry. ATKR is outperformed by 60.23% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 1.94 | ||
| Altman-Z | 4.26 |
ROIC/WACC2.61
WACC9.88%
2.3 Liquidity
A Current Ratio of 2.98 indicates that ATKR has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.98, ATKR is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
A Quick Ratio of 1.96 indicates that ATKR should not have too much problems paying its short term obligations.
The Quick ratio of ATKR (1.96) is better than 76.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 1.96 |
3. Growth
3.1 Past
The earnings per share for ATKR have decreased strongly by -25.66% in the last year.
ATKR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.86% yearly.
ATKR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.69%.
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.
EPS 1Y (TTM)-25.66%
EPS 3Y3.49%
EPS 5Y31.86%
EPS Q2Q%-42.28%
Revenue 1Y (TTM)13.69%
Revenue growth 3Y3.03%
Revenue growth 5Y10.81%
Sales Q2Q%-9.38%
3.2 Future
Based on estimates for the next years, ATKR will show a decrease in Earnings Per Share. The EPS will decrease by -8.60% on average per year.
ATKR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.90% yearly.
EPS Next Y-25.04%
EPS Next 2Y-11.54%
EPS Next 3Y-8.6%
EPS Next 5YN/A
Revenue Next Year-4.77%
Revenue Next 2Y-0.28%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 5.78, which indicates a rather cheap valuation of ATKR.
97.73% of the companies in the same industry are more expensive than ATKR, based on the Price/Earnings ratio.
ATKR is valuated cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.71 indicates a rather cheap valuation of ATKR.
Based on the Price/Forward Earnings ratio, ATKR is valued cheaply inside the industry as 96.59% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ATKR to the average of the S&P500 Index (22.83), we can say ATKR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.78 | ||
| Fwd PE | 7.71 |
4.2 Price Multiples
ATKR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATKR is cheaper than 98.86% of the companies in the same industry.
ATKR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATKR is cheaper than 96.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.29 | ||
| EV/EBITDA | 3.59 |
4.3 Compensation for Growth
ATKR has an outstanding profitability rating, which may justify a higher PE ratio.
ATKR's earnings are expected to decrease with -8.60% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-11.54%
EPS Next 3Y-8.6%
5. Dividend
5.1 Amount
ATKR has a Yearly Dividend Yield of 1.55%.
Compared to an average industry Dividend Yield of 2.89, ATKR pays a better dividend. On top of this ATKR pays more dividend than 90.91% of the companies listed in the same industry.
ATKR's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
5.2 History
ATKR is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
5.71% of the earnings are spent on dividend by ATKR. This is a low number and sustainable payout ratio.
DP5.71%
EPS Next 2Y-11.54%
EPS Next 3Y-8.6%
ATKORE INC
NYSE:ATKR (12/20/2024, 8:04:00 PM)
After market: 83.4 0 (0%)83.4
+0.68 (+0.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners113.87%
Inst Owner Change-6.12%
Ins Owners0.86%
Ins Owner Change4.98%
Market Cap2.90B
Analysts76.67
Price Target105.91 (26.99%)
Short Float %7.7%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
Dividend Growth(5Y)N/A
DP5.71%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.11%
Min EPS beat(2)-6.74%
Max EPS beat(2)-3.47%
EPS beat(4)2
Avg EPS beat(4)1.59%
Min EPS beat(4)-6.74%
Max EPS beat(4)11.74%
EPS beat(8)6
Avg EPS beat(8)8.03%
EPS beat(12)10
Avg EPS beat(12)12.63%
EPS beat(16)14
Avg EPS beat(16)18.24%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-2.88%
Max Revenue beat(2)3.11%
Revenue beat(4)2
Avg Revenue beat(4)-0.65%
Min Revenue beat(4)-3.59%
Max Revenue beat(4)3.11%
Revenue beat(8)2
Avg Revenue beat(8)-2.04%
Revenue beat(12)6
Avg Revenue beat(12)1.46%
Revenue beat(16)10
Avg Revenue beat(16)3.92%
PT rev (1m)-12.87%
PT rev (3m)-20.23%
EPS NQ rev (1m)-49.77%
EPS NQ rev (3m)-49.77%
EPS NY rev (1m)-9.53%
EPS NY rev (3m)-9.53%
Revenue NQ rev (1m)-15.65%
Revenue NQ rev (3m)-15.65%
Revenue NY rev (1m)-1.09%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.78 | ||
| Fwd PE | 7.71 | ||
| P/S | 0.73 | ||
| P/FCF | 7.29 | ||
| P/OCF | 5.3 | ||
| P/B | 1.89 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 3.59 |
EPS(TTM)14.43
EY17.3%
EPS(NY)10.82
Fwd EY12.97%
FCF(TTM)11.44
FCFY13.71%
OCF(TTM)15.73
OCFY18.86%
SpS114.63
BVpS44.12
TBVpS25.37
PEG (NY)N/A
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.96% | ||
| ROE | 39.16% | ||
| ROCE | 31.88% | ||
| ROIC | 25.77% | ||
| ROICexc | 29.96% | ||
| ROICexgc | 42.99% | ||
| OM | 20% | ||
| PM (TTM) | 15.07% | ||
| GM | 34.2% | ||
| FCFM | 9.98% |
ROA(3y)24.39%
ROA(5y)21.76%
ROE(3y)49.5%
ROE(5y)50.91%
ROIC(3y)32.71%
ROIC(5y)30.36%
ROICexc(3y)39.4%
ROICexc(5y)39.22%
ROICexgc(3y)62.12%
ROICexgc(5y)63.67%
ROCE(3y)40.47%
ROCE(5y)37.55%
ROICexcg growth 3Y-29.69%
ROICexcg growth 5Y0.24%
ROICexc growth 3Y-26.22%
ROICexc growth 5Y5.48%
OM growth 3Y-10.58%
OM growth 5Y10.46%
PM growth 3Y-9.54%
PM growth 5Y15.6%
GM growth 3Y-4.33%
GM growth 5Y5.35%
F-Score6
Asset Turnover1.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 1.94 | ||
| Debt/EBITDA | 0.84 | ||
| Cap/Depr | 123.83% | ||
| Cap/Sales | 3.75% | ||
| Interest Coverage | 16.99 | ||
| Cash Conversion | 59.6% | ||
| Profit Quality | 66.19% | ||
| Current Ratio | 2.98 | ||
| Quick Ratio | 1.96 | ||
| Altman-Z | 4.26 |
F-Score6
WACC9.88%
ROIC/WACC2.61
Cap/Depr(3y)158.09%
Cap/Depr(5y)120.34%
Cap/Sales(3y)4.79%
Cap/Sales(5y)3.7%
Profit Quality(3y)81.53%
Profit Quality(5y)95.44%
High Growth Momentum
Growth
EPS 1Y (TTM)-25.66%
EPS 3Y3.49%
EPS 5Y31.86%
EPS Q2Q%-42.28%
EPS Next Y-25.04%
EPS Next 2Y-11.54%
EPS Next 3Y-8.6%
EPS Next 5YN/A
Revenue 1Y (TTM)13.69%
Revenue growth 3Y3.03%
Revenue growth 5Y10.81%
Sales Q2Q%-9.38%
Revenue Next Year-4.77%
Revenue Next 2Y-0.28%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
EBIT growth 1Y-10.44%
EBIT growth 3Y-7.87%
EBIT growth 5Y22.4%
EBIT Next Year-8.01%
EBIT Next 3Y-6.84%
EBIT Next 5YN/A
FCF growth 1Y-32.19%
FCF growth 3Y-7.75%
FCF growth 5Y17.96%
OCF growth 1Y-32.02%
OCF growth 3Y-1.41%
OCF growth 5Y21.23%