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Should Quality Investors Include NYSE:ATKR in Their Portfolio?

By Mill Chart

Last update: Mar 26, 2024

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.

Exploring Why NYSE:ATKR Holds Appeal for Quality Investors.

  • ATKORE INC has achieved substantial revenue growth over the past 5 years, with a 13.91% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
  • The ROIC excluding cash and goodwill of ATKORE INC stands at 48.52%, 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.
  • The Debt/Free Cash Flow Ratio of ATKORE INC stands at 1.42, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • With a robust Profit Quality (5-year) ratio of 104.0%, 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.
  • With a robust 5-year EBIT growth of 37.53%, ATKORE INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • 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.

How does the complete fundamental picture look for NYSE:ATKR?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, ATKR scores 8 out of 10 in our fundamental rating. ATKR was compared to 86 industry peers in the Electrical Equipment industry. ATKR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ATKR is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make ATKR a good candidate for value investing.

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

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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ATKORE INC

NYSE:ATKR (4/23/2024, 7:04:00 PM)

After market: 179.9 -0.08 (-0.04%)

179.98

+6.44 (+3.71%)

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