ATS CORP (ATS.CA) Fundamental Analysis & Valuation
TSX:ATS • CA00217Y1043
41.05 CAD
-1.62 (-3.8%)
Last: Mar 6, 2026, 07:00 PM
This ATS.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 5 out of 10 to ATS. ATS was compared to 22 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 has a decent growth rate and is not valued too expensively.
1. ATS.CA Profitability Analysis
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.
- ATS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 0.42%, ATS belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
- ATS's Return On Equity of 1.06% is amongst the best of the industry. ATS outperforms 81.82% of its industry peers.
- ATS has a Return On Invested Capital (2.67%) which is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for ATS is in line with the industry average of 7.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 1.06% | ||
| ROIC | 2.67% |
ROA(3y)2.58%
ROA(5y)2.92%
ROE(3y)7.06%
ROE(5y)8.16%
ROIC(3y)6.08%
ROIC(5y)6.21%
1.3 Margins
- ATS has a better Profit Margin (0.67%) than 81.82% of its industry peers.
- ATS has a better Operating Margin (4.11%) than 68.18% of its industry peers.
- ATS's Operating Margin has declined in the last couple of years.
- The Gross Margin of ATS (26.05%) is comparable to the rest of the industry.
- ATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.11% | ||
| PM (TTM) | 0.67% | ||
| GM | 26.05% |
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%
2. ATS.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ATS is destroying value.
- ATS has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for ATS has been increased compared to 5 years ago.
- ATS has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.03 indicates that ATS is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 2.03, ATS is doing good in the industry, outperforming 68.18% of the companies in the same industry.
- The Debt to FCF ratio of ATS is 5.80, which is a neutral value as it means it would take ATS, 5.80 years of fcf income to pay off all of its debts.
- ATS has a better Debt to FCF ratio (5.80) than 86.36% of its industry peers.
- A Debt/Equity ratio of 0.82 indicates that ATS is somewhat dependend on debt financing.
- ATS's Debt to Equity ratio of 0.82 is in line compared to the rest of the industry. ATS outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.8 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.31
WACC8.74%
2.3 Liquidity
- ATS has a Current Ratio of 1.65. 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 Current ratio (1.65) which is comparable to the rest of the industry.
- A Quick Ratio of 1.37 indicates that ATS should not have too much problems paying its short term obligations.
- With an excellent Quick ratio value of 1.37, ATS belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.37 |
3. ATS.CA Growth Analysis
3.1 Past
- ATS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.74%.
- The Earnings Per Share has been growing slightly by 6.90% on average over the past years.
- The Revenue has been growing slightly by 1.80% in the past year.
- ATS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.12% yearly.
EPS 1Y (TTM)1.74%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%50%
Revenue 1Y (TTM)1.8%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%16.67%
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 16.94% on average per year.
- ATS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.59% yearly.
EPS Next Y20.69%
EPS Next 2Y20.52%
EPS Next 3Y16.94%
EPS Next 5YN/A
Revenue Next Year11.86%
Revenue Next 2Y7.82%
Revenue Next 3Y7.59%
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.
4. ATS.CA Valuation Analysis
4.1 Price/Earnings Ratio
- ATS is valuated rather expensively with a Price/Earnings ratio of 23.46.
- Based on the Price/Earnings ratio, ATS is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 26.46, ATS is valued at the same level.
- The Price/Forward Earnings ratio is 19.10, which indicates a rather expensive current valuation of ATS.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ATS indicates a somewhat cheap valuation: ATS is cheaper than 72.73% of the companies listed in the same industry.
- ATS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.46 | ||
| Fwd PE | 19.1 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATS is on the same level as its industry peers.
- ATS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATS is cheaper than 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.6 | ||
| EV/EBITDA | 19.47 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of ATS may justify a higher PE ratio.
- ATS's earnings are expected to grow with 16.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.13
PEG (5Y)3.4
EPS Next 2Y20.52%
EPS Next 3Y16.94%
5. ATS.CA Dividend Analysis
5.1 Amount
- No dividends for ATS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ATS.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:ATS (3/6/2026, 7:00:00 PM)
41.05
-1.62 (-3.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)05-26 2026-05-26/amc
Inst Owners91.61%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap4.03B
Revenue(TTM)2.80B
Net Income(TTM)18.88M
Analysts78.18
Price Target51.34 (25.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)2
Avg EPS beat(2)5.92%
Min EPS beat(2)2.59%
Max EPS beat(2)9.25%
EPS beat(4)3
Avg EPS beat(4)4.59%
Min EPS beat(4)-2.83%
Max EPS beat(4)9.34%
EPS beat(8)4
Avg EPS beat(8)0.85%
EPS beat(12)6
Avg EPS beat(12)3.44%
EPS beat(16)8
Avg EPS beat(16)4.87%
Revenue beat(2)1
Avg Revenue beat(2)1.68%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)3.79%
Revenue beat(4)2
Avg Revenue beat(4)-2.89%
Min Revenue beat(4)-17.23%
Max Revenue beat(4)3.79%
Revenue beat(8)3
Avg Revenue beat(8)-1.36%
Revenue beat(12)7
Avg Revenue beat(12)0.37%
Revenue beat(16)9
Avg Revenue beat(16)0.6%
PT rev (1m)0.33%
PT rev (3m)8.08%
EPS NQ rev (1m)-5%
EPS NQ rev (3m)-5%
EPS NY rev (1m)1.06%
EPS NY rev (3m)1.06%
Revenue NQ rev (1m)-1.75%
Revenue NQ rev (3m)-1.75%
Revenue NY rev (1m)0.91%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.46 | ||
| Fwd PE | 19.1 | ||
| P/S | 1.44 | ||
| P/FCF | 15.6 | ||
| P/OCF | 11.9 | ||
| P/B | 2.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.47 |
EPS(TTM)1.75
EY4.26%
EPS(NY)2.15
Fwd EY5.24%
FCF(TTM)2.63
FCFY6.41%
OCF(TTM)3.45
OCFY8.4%
SpS28.55
BVpS18.15
TBVpS-3.3
PEG (NY)1.13
PEG (5Y)3.4
Graham Number26.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 1.06% | ||
| ROCE | 3.4% | ||
| ROIC | 2.67% | ||
| ROICexc | 2.9% | ||
| ROICexgc | 8.88% | ||
| OM | 4.11% | ||
| PM (TTM) | 0.67% | ||
| GM | 26.05% | ||
| FCFM | 9.22% |
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-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.8 | ||
| Debt/EBITDA | 5.42 | ||
| Cap/Depr | 51.67% | ||
| Cap/Sales | 2.86% | ||
| Interest Coverage | 1.15 | ||
| Cash Conversion | 125.25% | ||
| Profit Quality | 1366.62% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.03 |
F-Score6
WACC8.74%
ROIC/WACC0.31
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)1.74%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%50%
EPS Next Y20.69%
EPS Next 2Y20.52%
EPS Next 3Y16.94%
EPS Next 5YN/A
Revenue 1Y (TTM)1.8%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%16.67%
Revenue Next Year11.86%
Revenue Next 2Y7.82%
Revenue Next 3Y7.59%
Revenue Next 5YN/A
EBIT growth 1Y-53.47%
EBIT growth 3Y-27.04%
EBIT growth 5Y-9.42%
EBIT Next Year45.91%
EBIT Next 3Y20.52%
EBIT Next 5YN/A
FCF growth 1Y7903.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y265.2%
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 5 / 10 to ATS.CA.
Can you provide the valuation status for ATS CORP?
ChartMill assigns a valuation rating of 5 / 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 6 / 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 23.46 and the Price/Book (PB) ratio is 2.26.