ATKORE INC (ATKR) Stock Fundamental Analysis
USA - NYSE:ATKR - US0476491081 - Common Stock
60.56 USD
+0.27 (+0.45%)
60.8 USD
+0.24 (+0.4%)
Taking everything into account, ATKR scores 7 out of 10 in our fundamental rating. ATKR was compared to 92 industry peers in the Electrical Equipment industry. ATKR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ATKR has a bad growth rate and is valued cheaply. With these ratings, ATKR could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year ATKR was profitable.
In the past year ATKR had a positive cash flow from operations.
ATKR had positive earnings in each of the past 5 years.
ATKR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ATKR has a Return On Assets of 3.78%. This is in the better half of the industry: ATKR outperforms 79.35% of its industry peers.
Looking at the Return On Equity, with a value of 7.53%, ATKR is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
The Return On Invested Capital of ATKR (10.40%) is better than 84.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATKR is significantly above the industry average of 9.86%.
The last Return On Invested Capital (10.40%) for ATKR is well below the 3 year average (32.71%), which needs to be investigated, but indicates that ATKR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 7.53% | ||
| ROIC | 10.4% |
ROA(3y)24.39%
ROA(5y)21.76%
ROE(3y)49.5%
ROE(5y)50.91%
ROIC(3y)32.71%
ROIC(5y)30.36%
1.3 Margins
ATKR's Profit Margin of 3.82% is fine compared to the rest of the industry. ATKR outperforms 76.09% of its industry peers.
ATKR's Profit Margin has improved in the last couple of years.
The Operating Margin of ATKR (10.73%) is better than 80.43% of its industry peers.
ATKR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 25.79%, ATKR is in line with its industry, outperforming 51.09% of the companies in the same industry.
ATKR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.73% | ||
| PM (TTM) | 3.82% | ||
| GM | 25.79% |
OM growth 3Y-10.58%
OM growth 5Y10.46%
PM growth 3Y-9.54%
PM growth 5Y15.6%
GM growth 3Y-4.33%
GM growth 5Y5.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ATKR is creating value.
Compared to 1 year ago, ATKR has less shares outstanding
Compared to 5 years ago, ATKR has less shares outstanding
The debt/assets ratio for ATKR has been reduced compared to a year ago.
2.2 Solvency
ATKR has an Altman-Z score of 3.08. This indicates that ATKR is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.08, ATKR is doing good in the industry, outperforming 65.22% of the companies in the same industry.
ATKR has a debt to FCF ratio of 2.92. This is a good value and a sign of high solvency as ATKR would need 2.92 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.92, ATKR belongs to the best of the industry, outperforming 80.43% of the companies in the same industry.
A Debt/Equity ratio of 0.52 indicates that ATKR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.52, ATKR is in line with its industry, outperforming 45.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.35
WACC7.73%
2.3 Liquidity
ATKR has a Current Ratio of 3.09. This indicates that ATKR is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ATKR (3.09) is better than 76.09% of its industry peers.
ATKR has a Quick Ratio of 2.08. This indicates that ATKR is financially healthy and has no problem in meeting its short term obligations.
ATKR's Quick ratio of 2.08 is fine compared to the rest of the industry. ATKR outperforms 77.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
The earnings per share for ATKR have decreased strongly by -52.31% in the last year.
Measured over the past years, ATKR shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.86% on average per year.
ATKR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -29.29%.
ATKR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.81% yearly.
EPS 1Y (TTM)-52.31%
EPS 3Y3.49%
EPS 5Y31.86%
EPS Q2Q%-57.11%
Revenue 1Y (TTM)-29.29%
Revenue growth 3Y3.03%
Revenue growth 5Y10.81%
Sales Q2Q%-10.62%
3.2 Future
ATKR is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -22.24% yearly.
ATKR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.47% yearly.
EPS Next Y-53.84%
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
EPS Next 5YN/A
Revenue Next Year-10.47%
Revenue Next 2Y-5.55%
Revenue Next 3Y-2.47%
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 decreasing.
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
The Price/Earnings ratio is 7.83, which indicates a rather cheap valuation of ATKR.
Based on the Price/Earnings ratio, ATKR is valued cheaply inside the industry as 96.74% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.41, ATKR is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.10, the valuation of ATKR can be described as reasonable.
ATKR's Price/Forward Earnings ratio is rather cheap when compared to the industry. ATKR is cheaper than 93.48% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.87. ATKR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.83 | ||
| Fwd PE | 10.1 |
4.2 Price Multiples
ATKR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATKR is cheaper than 98.91% of the companies in the same industry.
98.91% of the companies in the same industry are more expensive than ATKR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.79 | ||
| EV/EBITDA | 5.75 |
4.3 Compensation for Growth
The excellent profitability rating of ATKR may justify a higher PE ratio.
ATKR's earnings are expected to decrease with -22.24% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.18%, ATKR has a reasonable but not impressive dividend return.
ATKR's Dividend Yield is rather good when compared to the industry average which is at 3.07. ATKR pays more dividend than 96.74% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ATKR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
5.2 History
ATKR is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
40.15% of the earnings are spent on dividend by ATKR. This is a bit on the high side, but may be sustainable.
DP40.15%
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
60.56
+0.27 (+0.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners104.01%
Inst Owner Change-2.58%
Ins Owners0.99%
Ins Owner Change-0.11%
Market Cap2.04B
Analysts75
Price Target64.87 (7.12%)
Short Float %4.79%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
Yearly Dividend0.96
Dividend Growth(5Y)N/A
DP40.15%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.58%
Min EPS beat(2)4.82%
Max EPS beat(2)34.33%
EPS beat(4)3
Avg EPS beat(4)9.53%
Min EPS beat(4)-3.47%
Max EPS beat(4)34.33%
EPS beat(8)6
Avg EPS beat(8)6.14%
EPS beat(12)10
Avg EPS beat(12)9.36%
EPS beat(16)14
Avg EPS beat(16)12.82%
Revenue beat(2)0
Avg Revenue beat(2)-1.32%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)-0.42%
Revenue beat(4)1
Avg Revenue beat(4)-1.07%
Min Revenue beat(4)-4.73%
Max Revenue beat(4)3.11%
Revenue beat(8)2
Avg Revenue beat(8)-2.16%
Revenue beat(12)3
Avg Revenue beat(12)-1.74%
Revenue beat(16)7
Avg Revenue beat(16)1.13%
PT rev (1m)-18.11%
PT rev (3m)-15.76%
EPS NQ rev (1m)1.07%
EPS NQ rev (3m)0.53%
EPS NY rev (1m)0%
EPS NY rev (3m)1.21%
Revenue NQ rev (1m)-1.67%
Revenue NQ rev (3m)-4.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.83 | ||
| Fwd PE | 10.1 | ||
| P/S | 0.71 | ||
| P/FCF | 7.79 | ||
| P/OCF | 5.21 | ||
| P/B | 1.39 | ||
| P/tB | 2.16 | ||
| EV/EBITDA | 5.75 |
EPS(TTM)7.73
EY12.76%
EPS(NY)5.99
Fwd EY9.9%
FCF(TTM)7.78
FCFY12.84%
OCF(TTM)11.63
OCFY19.2%
SpS85.76
BVpS43.54
TBVpS28.01
PEG (NY)N/A
PEG (5Y)0.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 7.53% | ||
| ROCE | 12.86% | ||
| ROIC | 10.4% | ||
| ROICexc | 12.05% | ||
| ROICexgc | 16.11% | ||
| OM | 10.73% | ||
| PM (TTM) | 3.82% | ||
| GM | 25.79% | ||
| FCFM | 9.07% |
ROA(3y)24.39%
ROA(5y)21.76%
ROE(3y)49.5%
ROE(5y)50.91%
ROIC(3y)32.71%
ROIC(5y)30.36%
ROICexc(3y)39.4%
ROICexc(5y)39.22%
ROICexgc(3y)62.12%
ROICexgc(5y)63.67%
ROCE(3y)40.47%
ROCE(5y)37.55%
ROICexcg growth 3Y-29.69%
ROICexcg growth 5Y0.24%
ROICexc growth 3Y-26.22%
ROICexc growth 5Y5.48%
OM growth 3Y-10.58%
OM growth 5Y10.46%
PM growth 3Y-9.54%
PM growth 5Y15.6%
GM growth 3Y-4.33%
GM growth 5Y5.35%
F-Score4
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 1.78 | ||
| Cap/Depr | 107.88% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.04% | ||
| Profit Quality | 237.2% | ||
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 3.08 |
F-Score4
WACC7.73%
ROIC/WACC1.35
Cap/Depr(3y)158.09%
Cap/Depr(5y)120.34%
Cap/Sales(3y)4.79%
Cap/Sales(5y)3.7%
Profit Quality(3y)81.53%
Profit Quality(5y)95.44%
High Growth Momentum
Growth
EPS 1Y (TTM)-52.31%
EPS 3Y3.49%
EPS 5Y31.86%
EPS Q2Q%-57.11%
EPS Next Y-53.84%
EPS Next 2Y-35.55%
EPS Next 3Y-22.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-29.29%
Revenue growth 3Y3.03%
Revenue growth 5Y10.81%
Sales Q2Q%-10.62%
Revenue Next Year-10.47%
Revenue Next 2Y-5.55%
Revenue Next 3Y-2.47%
Revenue Next 5YN/A
EBIT growth 1Y-65.1%
EBIT growth 3Y-7.87%
EBIT growth 5Y22.4%
EBIT Next Year-42.63%
EBIT Next 3Y-15.57%
EBIT Next 5YN/A
FCF growth 1Y-67.38%
FCF growth 3Y-7.75%
FCF growth 5Y17.96%
OCF growth 1Y-60%
OCF growth 3Y-1.41%
OCF growth 5Y21.23%