ATS CORP (ATS.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ATS • CA00217Y1043
38.73 CAD
+0.45 (+1.18%)
Last: Feb 3, 2026, 07:00 PM
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. ATS has only an average score on both its financial health and profitability. ATS has a correct valuation and a medium growth rate.
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.
- ATS had positive earnings in 4 of the past 5 years.
- In the past 5 years ATS always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of -0.10%, ATS is doing good in the industry, outperforming 78.26% of the companies in the same industry.
- The Return On Equity of ATS (-0.26%) is better than 78.26% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 2.30%, ATS is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ATS is in line with the industry average of 7.08%.
| Industry Rank | Sector 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%
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.
- In the last couple of years the Operating Margin of ATS has declined.
- ATS has a Gross Margin (26.18%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of ATS has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- ATS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
- ATS has a worse debt/assets ratio than last year.
2.2 Solvency
- ATS has an Altman-Z score of 1.91. 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.
- The Altman-Z score of ATS (1.91) is better than 60.87% of its industry peers.
- ATS has a debt to FCF ratio of 7.30. This is a slightly negative value and a sign of low solvency as ATS would need 7.30 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 7.30, ATS is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
- A Debt/Equity ratio of 0.85 indicates that 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 7.3 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.26
WACC8.94%
2.3 Liquidity
- ATS has a Current Ratio of 1.63. 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 (1.63) which is in line with 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.
- The Quick ratio of ATS (1.34) is better than 78.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
- ATS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.44%.
- ATS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.90% yearly.
- The Revenue has decreased by -5.58% in the past year.
- The Revenue has been growing by 12.12% on average over the past years. This is quite good.
EPS 1Y (TTM)-22.44%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%80%
Revenue 1Y (TTM)-5.58%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%18.88%
3.2 Future
- ATS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.37% yearly.
- 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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- With a Price/Earnings ratio of 24.36, ATS is valued on the expensive side.
- 78.26% of the companies in the same industry are more expensive than ATS, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of ATS to the average of the S&P500 Index (28.18), we can say ATS is valued inline with the index average.
- A Price/Forward Earnings ratio of 17.54 indicates a rather expensive valuation of ATS.
- ATS's Price/Forward Earnings ratio is rather cheap when compared to the industry. ATS is cheaper than 82.61% of the companies in the same industry.
- ATS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.36 | ||
| Fwd PE | 17.54 |
4.2 Price Multiples
- ATS's Enterprise Value to EBITDA is on the same level as the industry average.
- 82.61% of the companies in the same industry are more expensive than ATS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.06 | ||
| EV/EBITDA | 20.32 |
4.3 Compensation for Growth
- ATS's 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)1.25
PEG (5Y)3.53
EPS Next 2Y22.14%
EPS Next 3Y15.37%
5. Dividend
5.1 Amount
- ATS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:ATS (2/3/2026, 7:00:00 PM)
38.73
+0.45 (+1.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)02-03 2026-02-03/bmo
Inst Owners92.09%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap3.80B
Revenue(TTM)2.69B
Net Income(TTM)-4.65M
Analysts78.18
Price Target48.67 (25.66%)
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)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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.36 | ||
| Fwd PE | 17.54 | ||
| P/S | 1.41 | ||
| P/FCF | 18.06 | ||
| P/OCF | 13.08 | ||
| P/B | 2.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.32 |
EPS(TTM)1.59
EY4.11%
EPS(NY)2.21
Fwd EY5.7%
FCF(TTM)2.14
FCFY5.54%
OCF(TTM)2.96
OCFY7.64%
SpS27.45
BVpS18.04
TBVpS-3.83
PEG (NY)1.25
PEG (5Y)3.53
Graham Number25.41
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.91 |
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)-22.44%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%80%
EPS Next Y19.43%
EPS Next 2Y22.14%
EPS Next 3Y15.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.58%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%18.88%
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 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 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 24.36 and the Price/Book (PB) ratio is 2.15.