ATS CORP (ATS.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:ATS • CA00217Y1043

40.13 CAD
+1.4 (+3.61%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

4

Taking everything into account, ATS scores 4 out of 10 in our fundamental rating. ATS was compared to 23 industry peers in the Machinery industry. Both the profitability and the financial health of ATS get a neutral evaluation. Nothing too spectacular is happening here. ATS is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • ATS had positive earnings in the past year.
  • In the past year ATS had a positive cash flow from operations.
  • Of the past 5 years ATS 4 years were profitable.
  • Each year in the past 5 years ATS had a positive operating cash flow.
ATS.CA Yearly Net Income VS EBIT VS OCF VS FCFATS.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -0.10%, ATS is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of -0.26%, ATS is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
  • The Return On Invested Capital of ATS (2.30%) is better than 60.87% of its industry peers.
  • ATS had an Average Return On Invested Capital over the past 3 years of 6.08%. This is in line with the industry average of 7.08%.
Industry RankSector Rank
ROA -0.1%
ROE -0.26%
ROIC 2.3%
ROA(3y)2.58%
ROA(5y)2.92%
ROE(3y)7.06%
ROE(5y)8.16%
ROIC(3y)6.08%
ROIC(5y)6.21%
ATS.CA Yearly ROA, ROE, ROICATS.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10

1.3 Margins

  • ATS's Operating Margin of 3.70% is fine compared to the rest of the industry. ATS outperforms 69.57% of its industry peers.
  • ATS's Operating Margin has declined in the last couple of years.
  • ATS has a Gross Margin (26.18%) which is comparable to the rest of the industry.
  • ATS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.7%
PM (TTM) N/A
GM 26.18%
OM growth 3Y-30.58%
OM growth 5Y-19.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.77%
GM growth 5Y0.22%
ATS.CA Yearly Profit, Operating, Gross MarginsATS.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20 25

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4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ATS is destroying value.
  • The number of shares outstanding for ATS has been reduced compared to 1 year ago.
  • The number of shares outstanding for ATS has been increased compared to 5 years ago.
  • Compared to 1 year ago, ATS has a worse debt to assets ratio.
ATS.CA Yearly Shares OutstandingATS.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
ATS.CA Yearly Total Debt VS Total AssetsATS.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • ATS has an Altman-Z score of 1.96. This is not the best score and indicates that ATS is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.96, ATS is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
  • The Debt to FCF ratio of ATS is 7.30, which is on the high side as it means it would take ATS, 7.30 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ATS (7.30) is better than 73.91% of its industry peers.
  • ATS has a Debt/Equity ratio of 0.85. This is a neutral value indicating ATS is somewhat dependend on debt financing.
  • The Debt to Equity ratio of ATS (0.85) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.85
Debt/FCF 7.3
Altman-Z 1.96
ROIC/WACC0.26
WACC8.94%
ATS.CA Yearly LT Debt VS Equity VS FCFATS.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.63 indicates that ATS should not have too much problems paying its short term obligations.
  • ATS's Current ratio of 1.63 is in line compared to the rest of the industry. ATS outperforms 47.83% of its industry peers.
  • ATS has a Quick Ratio of 1.34. This is a normal value and indicates that ATS is financially healthy and should not expect problems in meeting its short term obligations.
  • ATS has a better Quick ratio (1.34) than 78.26% of its industry peers.
Industry RankSector Rank
Current Ratio 1.63
Quick Ratio 1.34
ATS.CA Yearly Current Assets VS Current LiabilitesATS.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • ATS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.85%.
  • The Earnings Per Share has been growing slightly by 6.90% on average over the past years.
  • The Revenue for ATS has decreased by -16.47% in the past year. This is quite bad
  • Measured over the past years, ATS shows a quite strong growth in Revenue. The Revenue has been growing by 12.12% on average per year.
EPS 1Y (TTM)0.85%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%45.18%
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%14.09%

3.2 Future

  • Based on estimates for the next years, ATS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.37% on average per year.
  • Based on estimates for the next years, ATS will show a small growth in Revenue. The Revenue will grow by 7.15% on average per year.
EPS Next Y19.43%
EPS Next 2Y22.14%
EPS Next 3Y15.37%
EPS Next 5YN/A
Revenue Next Year10.85%
Revenue Next 2Y7.95%
Revenue Next 3Y7.15%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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.
ATS.CA Yearly Revenue VS EstimatesATS.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
ATS.CA Yearly EPS VS EstimatesATS.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2 2.5

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • ATS is valuated rather expensively with a Price/Earnings ratio of 23.20.
  • ATS's Price/Earnings ratio is a bit cheaper when compared to the industry. ATS is cheaper than 78.26% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.67. ATS is around the same levels.
  • The Price/Forward Earnings ratio is 18.18, which indicates a rather expensive current valuation of ATS.
  • ATS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ATS is cheaper than 78.26% of the companies in the same industry.
  • ATS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 23.2
Fwd PE 18.18
ATS.CA Price Earnings VS Forward Price EarningsATS.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as ATS.
  • ATS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ATS is cheaper than 73.91% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.71
EV/EBITDA 21.29
ATS.CA Per share dataATS.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ATS's earnings are expected to grow with 15.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.19
PEG (5Y)3.36
EPS Next 2Y22.14%
EPS Next 3Y15.37%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for ATS!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ATS CORP

TSX:ATS (2/5/2026, 7:00:00 PM)

40.13

+1.4 (+3.61%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-05
Earnings (Next)02-03
Inst Owners92.09%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap3.94B
Revenue(TTM)2.53B
Net Income(TTM)-4.65M
Analysts78.18
Price Target48.67 (21.28%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.12%
Min EPS beat(2)-2.83%
Max EPS beat(2)2.59%
EPS beat(4)2
Avg EPS beat(4)1.92%
Min EPS beat(4)-2.83%
Max EPS beat(4)9.34%
EPS beat(8)3
Avg EPS beat(8)-0.45%
EPS beat(12)5
Avg EPS beat(12)2.38%
EPS beat(16)8
Avg EPS beat(16)5.14%
Revenue beat(2)1
Avg Revenue beat(2)0.94%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)2.32%
Revenue beat(4)1
Avg Revenue beat(4)-3.94%
Min Revenue beat(4)-17.23%
Max Revenue beat(4)2.32%
Revenue beat(8)3
Avg Revenue beat(8)-1.62%
Revenue beat(12)7
Avg Revenue beat(12)0.25%
Revenue beat(16)9
Avg Revenue beat(16)0.78%
PT rev (1m)0%
PT rev (3m)2.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.9%
Valuation
Industry RankSector Rank
PE 23.2
Fwd PE 18.18
P/S 1.46
P/FCF 18.71
P/OCF 13.56
P/B 2.22
P/tB N/A
EV/EBITDA 21.29
EPS(TTM)1.73
EY4.31%
EPS(NY)2.21
Fwd EY5.5%
FCF(TTM)2.14
FCFY5.34%
OCF(TTM)2.96
OCFY7.38%
SpS27.45
BVpS18.04
TBVpS-3.83
PEG (NY)1.19
PEG (5Y)3.36
Graham Number26.5
Profitability
Industry RankSector Rank
ROA -0.1%
ROE -0.26%
ROCE 2.93%
ROIC 2.3%
ROICexc 2.44%
ROICexgc 7.35%
OM 3.7%
PM (TTM) N/A
GM 26.18%
FCFM 7.81%
ROA(3y)2.58%
ROA(5y)2.92%
ROE(3y)7.06%
ROE(5y)8.16%
ROIC(3y)6.08%
ROIC(5y)6.21%
ROICexc(3y)6.47%
ROICexc(5y)6.7%
ROICexgc(3y)21.12%
ROICexgc(5y)23.22%
ROCE(3y)7.75%
ROCE(5y)7.9%
ROICexgc growth 3Y-44.72%
ROICexgc growth 5Y-24.75%
ROICexc growth 3Y-37.32%
ROICexc growth 5Y-25.02%
OM growth 3Y-30.58%
OM growth 5Y-19.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.77%
GM growth 5Y0.22%
F-Score4
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 0.85
Debt/FCF 7.3
Debt/EBITDA 5.95
Cap/Depr 52.39%
Cap/Sales 2.97%
Interest Coverage 0.95
Cash Conversion 115.01%
Profit Quality N/A
Current Ratio 1.63
Quick Ratio 1.34
Altman-Z 1.96
F-Score4
WACC8.94%
ROIC/WACC0.26
Cap/Depr(3y)59.25%
Cap/Depr(5y)53.7%
Cap/Sales(3y)3.04%
Cap/Sales(5y)2.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.85%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%45.18%
EPS Next Y19.43%
EPS Next 2Y22.14%
EPS Next 3Y15.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%14.09%
Revenue Next Year10.85%
Revenue Next 2Y7.95%
Revenue Next 3Y7.15%
Revenue Next 5YN/A
EBIT growth 1Y-64.84%
EBIT growth 3Y-27.04%
EBIT growth 5Y-9.42%
EBIT Next Year46.2%
EBIT Next 3Y20.67%
EBIT Next 5YN/A
FCF growth 1Y4012.19%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y195.31%
OCF growth 3Y-50.79%
OCF growth 5Y4.89%

ATS CORP / ATS.CA FAQ

What is the fundamental rating for ATS stock?

ChartMill assigns a fundamental rating of 4 / 10 to ATS.CA.


Can you provide the valuation status for ATS CORP?

ChartMill assigns a valuation rating of 4 / 10 to ATS CORP (ATS.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for ATS CORP?

ATS CORP (ATS.CA) has a profitability rating of 5 / 10.


What are the PE and PB ratios of ATS CORP (ATS.CA) stock?

The Price/Earnings (PE) ratio for ATS CORP (ATS.CA) is 23.2 and the Price/Book (PB) ratio is 2.22.