Why the quality investor may take a look at ATKORE INC (NYSE:ATKR).

In this article we will dive into ATKORE INC (NYSE:ATKR) as a possible candidate for quality investing. Investors should always do their own research, but we noticed ATKORE INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Looking into the quality metrics of ATKORE INC

• ATKORE INC has shown strong performance in revenue growth over the past 5 years, with a 21.08% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
• The ROIC excluding cash and goodwill of ATKORE INC stands at 75.52%, reflecting the company's strong financial management and profitability. This metric underscores its ability to generate favorable returns on the capital invested in its core operations.
• ATKORE INC maintains a healthy Debt/Free Cash Flow Ratio of 0.95, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
• With a robust Profit Quality (5-year) ratio of 103.0%, ATKORE INC highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
• ATKORE INC has consistently achieved strong EBIT growth over the past 5 years, with a 50.99% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• The EBIT 5-year growth of ATKORE INC has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

Zooming in on the fundamentals.

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Overall ATKR gets a fundamental rating of 7 out of 10. We evaluated ATKR against 87 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making ATKR a very profitable company, without any liquidiy or solvency issues. A decent growth rate in combination with a cheap valuation! Better keep an eye on ATKR. These ratings could make ATKR a good candidate for value investing.

Our latest full fundamental report of ATKR contains the most current fundamental analsysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.