ATI INC (ATI)
US01741R1023 - Common Stock
ATI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. ATI scores excellent on profitability, but there are some minor concerns on its financial health. ATI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ATI was profitable.
ATI had a positive operating cash flow in the past year.
In multiple years ATI reported negative net income over the last 5 years.
ATI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.28%, ATI belongs to the top of the industry, outperforming 85.26% of the companies in the same industry.
ATI's Return On Equity of 23.43% is amongst the best of the industry. ATI outperforms 94.87% of its industry peers.
ATI's Return On Invested Capital of 11.25% is amongst the best of the industry. ATI outperforms 87.18% of its industry peers.
ATI had an Average Return On Invested Capital over the past 3 years of 8.29%. This is in line with the industry average of 8.80%.
The last Return On Invested Capital (11.25%) for ATI is above the 3 year average (8.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.28% | ||
| ROE | 23.43% | ||
| ROIC | 11.25% |
ROA(3y)3.43%
ROA(5y)-4.82%
ROE(3y)12.29%
ROE(5y)-50.52%
ROIC(3y)8.29%
ROIC(5y)6.87%
1.3 Margins
The Profit Margin of ATI (9.87%) is better than 82.05% of its industry peers.
ATI's Profit Margin has improved in the last couple of years.
ATI has a Operating Margin of 12.05%. This is in the better half of the industry: ATI outperforms 67.31% of its industry peers.
ATI's Operating Margin has improved in the last couple of years.
ATI's Gross Margin of 20.18% is in line compared to the rest of the industry. ATI outperforms 57.05% of its industry peers.
In the last couple of years the Gross Margin of ATI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.05% | ||
| PM (TTM) | 9.87% | ||
| GM | 20.18% |
OM growth 3Y57.1%
OM growth 5Y5.93%
PM growth 3YN/A
PM growth 5Y12.36%
GM growth 3Y26.33%
GM growth 5Y4.91%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ATI is destroying value.
ATI has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ATI has been increased compared to 5 years ago.
The debt/assets ratio for ATI is higher compared to a year ago.
2.2 Solvency
ATI has an Altman-Z score of 3.12. This indicates that ATI is financially healthy and has little risk of bankruptcy at the moment.
ATI has a better Altman-Z score (3.12) than 60.26% of its industry peers.
The Debt to FCF ratio of ATI is 10.52, which is on the high side as it means it would take ATI, 10.52 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ATI (10.52) is better than 61.54% of its industry peers.
ATI has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
ATI has a worse Debt to Equity ratio (1.04) than 89.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 10.52 | ||
| Altman-Z | 3.12 |
ROIC/WACC1
WACC11.29%
2.3 Liquidity
ATI has a Current Ratio of 2.94. This indicates that ATI is financially healthy and has no problem in meeting its short term obligations.
ATI's Current ratio of 2.94 is fine compared to the rest of the industry. ATI outperforms 61.54% of its industry peers.
A Quick Ratio of 1.44 indicates that ATI should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.44, ATI perfoms like the industry average, outperforming 48.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.41% over the past year.
The Earnings Per Share has been growing by 8.35% on average over the past years. This is quite good.
The Revenue has been growing slightly by 3.24% in the past year.
ATI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.62% yearly.
EPS 1Y (TTM)7.41%
EPS 3YN/A
EPS 5Y8.35%
EPS Q2Q%9.09%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y11.86%
Revenue growth 5Y0.62%
Sales Q2Q%2.5%
3.2 Future
The Earnings Per Share is expected to grow by 21.89% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.09% on average over the next years.
EPS Next Y1.94%
EPS Next 2Y13.13%
EPS Next 3Y16.22%
EPS Next 5Y21.89%
Revenue Next Year3.23%
Revenue Next 2Y4.93%
Revenue Next 3Y5.6%
Revenue Next 5Y7.09%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.81, ATI is valued on the expensive side.
Based on the Price/Earnings ratio, ATI is valued a bit cheaper than the industry average as 63.46% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 29.48. ATI is around the same levels.
The Price/Forward Earnings ratio is 19.81, which indicates a rather expensive current valuation of ATI.
ATI's Price/Forward Earnings is on the same level as the industry average.
ATI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.95, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.81 | ||
| Fwd PE | 19.81 |
4.2 Price Multiples
ATI's Enterprise Value to EBITDA is on the same level as the industry average.
ATI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ATI is cheaper than 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.83 | ||
| EV/EBITDA | 14.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ATI does not grow enough to justify the current Price/Earnings ratio.
ATI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ATI's earnings are expected to grow with 16.22% in the coming years.
PEG (NY)12.79
PEG (5Y)2.97
EPS Next 2Y13.13%
EPS Next 3Y16.22%
5. Dividend
5.1 Amount
No dividends for ATI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ATI INC
NYSE:ATI (12/6/2024, 8:04:00 PM)
After market: 57.55 0 (0%)57.55
-0.93 (-1.59%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.21B
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.81 | ||
| Fwd PE | 19.81 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)12.79
PEG (5Y)2.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.28% | ||
| ROE | 23.43% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.05% | ||
| PM (TTM) | 9.87% | ||
| GM | 20.18% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.94 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)7.41%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y1.94%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.24%
Revenue growth 3Y11.86%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y