ATKORE INC (ATKR)
US0476491081 - Common Stock
We assign a fundamental rating of 8 out of 10 to ATKR. ATKR was compared to 86 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. ATKR scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make ATKR suitable for value investing!
1. Profitability
1.1 Basic Checks
ATKR had positive earnings in the past year.
ATKR had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 21.96%, ATKR belongs to the best of the industry, outperforming 98.81% of the companies in the same industry.
Looking at the Return On Equity, with a value of 42.91%, ATKR belongs to the top of the industry, outperforming 98.81% of the companies in the same industry.
ATKR's Return On Invested Capital of 27.05% is amongst the best of the industry. ATKR outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATKR is significantly above the industry average of 10.39%.
The last Return On Invested Capital (27.05%) for ATKR is well below the 3 year average (37.67%), which needs to be investigated, but indicates that ATKR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.96% | ||
| ROE | 42.91% | ||
| ROIC | 27.05% |
ROA(3y)27.94%
ROA(5y)20.56%
ROE(3y)61.62%
ROE(5y)56.46%
ROIC(3y)37.67%
ROIC(5y)28.68%
1.3 Margins
The Profit Margin of ATKR (18.51%) is better than 96.43% of its industry peers.
In the last couple of years the Profit Margin of ATKR has grown nicely.
ATKR has a Operating Margin of 24.04%. This is amongst the best in the industry. ATKR outperforms 97.62% of its industry peers.
In the last couple of years the Operating Margin of ATKR has grown nicely.
ATKR has a better Gross Margin (37.20%) than 86.90% of its industry peers.
In the last couple of years the Gross Margin of ATKR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.04% | ||
| PM (TTM) | 18.51% | ||
| GM | 37.2% |
OM growth 3Y22.66%
OM growth 5Y20.74%
PM growth 3Y31.79%
PM growth 5Y21%
GM growth 3Y11.01%
GM growth 5Y9.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ATKR is creating value.
The number of shares outstanding for ATKR has been reduced compared to 1 year ago.
The number of shares outstanding for ATKR has been reduced compared to 5 years ago.
Compared to 1 year ago, ATKR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.85 indicates that ATKR is not in any danger for bankruptcy at the moment.
ATKR has a Altman-Z score of 5.85. This is amongst the best in the industry. ATKR outperforms 94.05% of its industry peers.
The Debt to FCF ratio of ATKR is 1.42, which is an excellent value as it means it would take ATKR, only 1.42 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ATKR (1.42) is better than 89.29% of its industry peers.
ATKR has a Debt/Equity ratio of 0.51. This is a neutral value indicating ATKR is somewhat dependend on debt financing.
ATKR has a Debt to Equity ratio of 0.51. This is in the lower half of the industry: ATKR underperforms 60.71% of its industry peers.
Even though the debt/equity ratio score it not favorable for ATKR, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 1.42 | ||
| Altman-Z | 5.85 |
ROIC/WACC2.59
WACC10.46%
2.3 Liquidity
ATKR has a Current Ratio of 2.96. This indicates that ATKR is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ATKR (2.96) is better than 76.19% of its industry peers.
ATKR has a Quick Ratio of 1.99. This is a normal value and indicates that ATKR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.99, ATKR is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
The earnings per share for ATKR have decreased strongly by -12.37% in the last year.
ATKR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 47.93% yearly.
The Revenue for ATKR has decreased by -10.84% in the past year. This is quite bad
ATKR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.91% yearly.
EPS 1Y (TTM)-12.37%
EPS 3Y72.52%
EPS 5Y47.93%
EPS growth Q2Q-10.63%
Revenue 1Y (TTM)-10.84%
Revenue growth 3Y25.85%
Revenue growth 5Y13.91%
Revenue growth Q2Q-4.24%
3.2 Future
Based on estimates for the next years, ATKR will show a small growth in Earnings Per Share. The EPS will grow by 0.13% on average per year.
ATKR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.70% yearly.
EPS Next Y-10.6%
EPS Next 2Y-2.78%
EPS Next 3Y0.13%
EPS Next 5YN/A
Revenue Next Year-1.02%
Revenue Next 2Y2.13%
Revenue Next 3Y2.7%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.67, the valuation of ATKR can be described as reasonable.
Based on the Price/Earnings ratio, ATKR is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ATKR to the average of the S&P500 Index (24.84), we can say ATKR is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.98, the valuation of ATKR can be described as very reasonable.
95.24% of the companies in the same industry are more expensive than ATKR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ATKR to the average of the S&P500 Index (21.35), we can say ATKR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 9.98 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATKR indicates a rather cheap valuation: ATKR is cheaper than 92.86% of the companies listed in the same industry.
ATKR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATKR is cheaper than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.49 | ||
| EV/EBITDA | 7.44 |
4.3 Compensation for Growth
The excellent profitability rating of ATKR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-2.78%
EPS Next 3Y0.13%
5. Dividend
5.1 Amount
With a yearly dividend of 0.71%, ATKR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.46, ATKR pays a better dividend. On top of this ATKR pays more dividend than 82.14% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ATKR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
5.2 History
ATKR does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y-2.78%
EPS Next 3Y0.13%
ATKORE INC
NYSE:ATKR (4/26/2024, 7:04:00 PM)
After market: 182.99 0 (0%)182.99
+1.78 (+0.98%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.73B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
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)
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Min EPS beat(4)
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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)
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Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 9.67 | ||
| Fwd PE | 9.98 | ||
| 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)N/A
PEG (5Y)0.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.96% | ||
| ROE | 42.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 24.04% | ||
| PM (TTM) | 18.51% | ||
| GM | 37.2% | ||
| 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 Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.99 | ||
| 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)
Growth
EPS 1Y (TTM)-12.37%
EPS 3Y72.52%
EPS 5Y
EPS growth Q2Q
EPS Next Y-10.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-10.84%
Revenue growth 3Y25.85%
Revenue growth 5Y
Revenue growth 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