ATKORE INC (ATKR) Stock Fundamental Analysis
USA - NYSE:ATKR - US0476491081 - Common Stock
60.57 USD
+0.77 (+1.29%)
60.57 USD
0 (0%)
ATKR gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 92 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.
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.
In the past 5 years ATKR has always been profitable.
ATKR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.78%, ATKR is doing good in the industry, outperforming 79.35% of the companies in the same industry.
ATKR has a Return On Equity of 7.53%. This is in the better half of the industry: ATKR outperforms 78.26% of its industry peers.
ATKR has a Return On Invested Capital of 10.40%. This is amongst the best in the industry. ATKR outperforms 84.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATKR is significantly above the industry average of 9.86%.
The last Return On Invested Capital (10.40%) 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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 7.53% | ||
| ROIC | 10.4% |
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 has a better Profit Margin (3.82%) than 76.09% of its industry peers.
ATKR's Profit Margin has improved in the last couple of years.
The Operating Margin of ATKR (10.73%) is better than 80.43% of its industry peers.
ATKR's Operating Margin has improved in the last couple of years.
ATKR has a Gross Margin (25.79%) which is in line with its industry peers.
ATKR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.73% | ||
| PM (TTM) | 3.82% | ||
| GM | 25.79% |
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
ATKR has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
ATKR has less shares outstanding than it did 1 year ago.
ATKR has less shares outstanding than it did 5 years ago.
ATKR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.08 indicates that ATKR is not in any danger for bankruptcy at the moment.
The Altman-Z score of ATKR (3.08) is better than 64.13% of its industry peers.
ATKR has a debt to FCF ratio of 2.92. This is a good value and a sign of high solvency as ATKR would need 2.92 years to pay back of all of its debts.
ATKR has a Debt to FCF ratio of 2.92. This is in the better half of the industry: ATKR outperforms 79.35% of its industry peers.
A Debt/Equity ratio of 0.52 indicates that ATKR is somewhat dependend on debt financing.
ATKR has a Debt to Equity ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.36
WACC7.67%
2.3 Liquidity
A Current Ratio of 3.09 indicates that ATKR has no problem at all paying its short term obligations.
ATKR has a Current ratio of 3.09. This is in the better half of the industry: ATKR outperforms 75.00% of its industry peers.
ATKR has a Quick Ratio of 2.08. This indicates that ATKR is financially healthy and has no problem in meeting its short term obligations.
ATKR has a better Quick ratio (2.08) than 76.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
The earnings per share for ATKR have decreased strongly by -52.31% in the last year.
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.
The Revenue for ATKR has decreased by -29.29% in the past year. This is quite bad
The Revenue has been growing by 10.81% on average over the past years. This is quite good.
EPS 1Y (TTM)-52.31%
EPS 3Y3.49%
EPS 5Y31.86%
EPS Q2Q%-57.11%
Revenue 1Y (TTM)-29.29%
Revenue growth 3Y3.03%
Revenue growth 5Y10.81%
Sales Q2Q%-10.62%
3.2 Future
ATKR is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -22.24% yearly.
Based on estimates for the next years, ATKR will show a decrease in Revenue. The Revenue will decrease by -2.47% on average per year.
EPS Next Y-53.84%
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
EPS Next 5YN/A
Revenue Next Year-10.47%
Revenue Next 2Y-5.55%
Revenue Next 3Y-2.47%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.84, the valuation of ATKR can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ATKR indicates a rather cheap valuation: ATKR is cheaper than 96.74% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, ATKR is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.11, the valuation of ATKR can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATKR indicates a rather cheap valuation: ATKR is cheaper than 93.48% of the companies listed in the same industry.
ATKR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 10.11 |
4.2 Price Multiples
98.91% of the companies in the same industry are more expensive than ATKR, based on the Enterprise Value to EBITDA ratio.
98.91% of the companies in the same industry are more expensive than ATKR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.79 | ||
| EV/EBITDA | 5.75 |
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 -22.24% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
5. Dividend
5.1 Amount
ATKR has a Yearly Dividend Yield of 2.12%.
Compared to an average industry Dividend Yield of 3.03, ATKR pays a better dividend. On top of this ATKR pays more dividend than 95.65% of the companies listed in the same industry.
ATKR's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
5.2 History
ATKR does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
40.15% of the earnings are spent on dividend by ATKR. This is a bit on the high side, but may be sustainable.
DP40.15%
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
60.57
+0.77 (+1.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners104.01%
Inst Owner Change-2.58%
Ins Owners0.99%
Ins Owner Change-0.11%
Market Cap2.04B
Analysts75
Price Target64.87 (7.1%)
Short Float %4.79%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
Yearly Dividend0.96
Dividend Growth(5Y)N/A
DP40.15%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.58%
Min EPS beat(2)4.82%
Max EPS beat(2)34.33%
EPS beat(4)3
Avg EPS beat(4)9.53%
Min EPS beat(4)-3.47%
Max EPS beat(4)34.33%
EPS beat(8)6
Avg EPS beat(8)6.14%
EPS beat(12)10
Avg EPS beat(12)9.36%
EPS beat(16)14
Avg EPS beat(16)12.82%
Revenue beat(2)0
Avg Revenue beat(2)-1.32%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)-0.42%
Revenue beat(4)1
Avg Revenue beat(4)-1.07%
Min Revenue beat(4)-4.73%
Max Revenue beat(4)3.11%
Revenue beat(8)2
Avg Revenue beat(8)-2.16%
Revenue beat(12)3
Avg Revenue beat(12)-1.74%
Revenue beat(16)7
Avg Revenue beat(16)1.13%
PT rev (1m)-18.11%
PT rev (3m)-13.86%
EPS NQ rev (1m)1.07%
EPS NQ rev (3m)0.53%
EPS NY rev (1m)1.21%
EPS NY rev (3m)2.54%
Revenue NQ rev (1m)-1.97%
Revenue NQ rev (3m)-4.23%
Revenue NY rev (1m)-1.6%
Revenue NY rev (3m)-1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 10.11 | ||
| P/S | 0.71 | ||
| P/FCF | 7.79 | ||
| P/OCF | 5.21 | ||
| P/B | 1.39 | ||
| P/tB | 2.16 | ||
| EV/EBITDA | 5.75 |
EPS(TTM)7.73
EY12.76%
EPS(NY)5.99
Fwd EY9.9%
FCF(TTM)7.78
FCFY12.84%
OCF(TTM)11.63
OCFY19.2%
SpS85.76
BVpS43.54
TBVpS28.01
PEG (NY)N/A
PEG (5Y)0.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 7.53% | ||
| ROCE | 12.86% | ||
| ROIC | 10.4% | ||
| ROICexc | 12.05% | ||
| ROICexgc | 16.11% | ||
| OM | 10.73% | ||
| PM (TTM) | 3.82% | ||
| GM | 25.79% | ||
| FCFM | 9.07% |
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-Score4
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 1.78 | ||
| Cap/Depr | 107.88% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.04% | ||
| Profit Quality | 237.2% | ||
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 3.08 |
F-Score4
WACC7.67%
ROIC/WACC1.36
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)-52.31%
EPS 3Y3.49%
EPS 5Y31.86%
EPS Q2Q%-57.11%
EPS Next Y-53.84%
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-29.29%
Revenue growth 3Y3.03%
Revenue growth 5Y10.81%
Sales Q2Q%-10.62%
Revenue Next Year-10.47%
Revenue Next 2Y-5.55%
Revenue Next 3Y-2.47%
Revenue Next 5YN/A
EBIT growth 1Y-65.1%
EBIT growth 3Y-7.87%
EBIT growth 5Y22.4%
EBIT Next Year-42.63%
EBIT Next 3Y-15.57%
EBIT Next 5YN/A
FCF growth 1Y-67.38%
FCF growth 3Y-7.75%
FCF growth 5Y17.96%
OCF growth 1Y-60%
OCF growth 3Y-1.41%
OCF growth 5Y21.23%