ATKORE INC (ATKR) Stock Fundamental Analysis
USA - NYSE:ATKR - US0476491081 - Common Stock
66.03 USD
+1.65 (+2.56%)
66.03 USD
0 (0%)
Overall ATKR gets a fundamental rating of 6 out of 10. We evaluated ATKR against 93 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 is cheap, but on the other hand it scores bad on growth. This makes ATKR very considerable 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.
In the past 5 years ATKR has always been profitable.
ATKR 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 3.78%, ATKR is in the better half of the industry, outperforming 79.57% of the companies in the same industry.
ATKR has a better Return On Equity (7.53%) than 78.49% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.40%, ATKR belongs to the top of the industry, outperforming 84.95% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ATKR is significantly above the industry average of 10.15%.
The 3 year average ROIC (32.71%) for ATKR is well above the current ROIC(10.40%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 3.82%, ATKR is in the better half of the industry, outperforming 76.34% of the companies in the same industry.
ATKR's Profit Margin has improved in the last couple of years.
ATKR has a Operating Margin of 10.73%. This is amongst the best in the industry. ATKR outperforms 80.65% of its industry peers.
In the last couple of years the Operating Margin of ATKR has grown nicely.
The Gross Margin of ATKR (25.79%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ATKR has grown nicely.
| 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.
ATKR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ATKR has less shares outstanding
Compared to 1 year ago, ATKR has an improved debt to assets ratio.
2.2 Solvency
ATKR has an Altman-Z score of 3.13. This indicates that ATKR is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.13, ATKR is in the better half of the industry, outperforming 63.44% of the companies in the same industry.
The Debt to FCF ratio of ATKR is 2.92, which is a good value as it means it would take ATKR, 2.92 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.92, ATKR belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
A Debt/Equity ratio of 0.52 indicates that ATKR is somewhat dependend on debt financing.
ATKR has a Debt to Equity ratio (0.52) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 3.13 |
ROIC/WACC1.35
WACC7.71%
2.3 Liquidity
A Current Ratio of 3.09 indicates that ATKR has no problem at all paying its short term obligations.
ATKR has a better Current ratio (3.09) than 76.34% 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.
With a decent Quick ratio value of 2.08, ATKR is doing good in the industry, outperforming 77.42% of the companies in the same industry.
| 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.
Looking at the last year, ATKR shows a very negative growth in Revenue. The Revenue has decreased by -29.29% in the last year.
Measured over the past years, ATKR shows a quite strong growth in Revenue. The Revenue has been growing by 10.81% on average per year.
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 -23.43% 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-53.62%
EPS Next 2Y-37.78%
EPS Next 3Y-23.43%
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
ATKR is valuated reasonably with a Price/Earnings ratio of 8.54.
Based on the Price/Earnings ratio, ATKR is valued cheaper than 97.85% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.49. ATKR is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.82, the valuation of ATKR can be described as very reasonable.
Based on the Price/Forward Earnings ratio, ATKR is valued cheaply inside the industry as 94.62% of the companies are valued more expensively.
ATKR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 11.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ATKR is valued cheaper than 96.77% of the companies in the same industry.
ATKR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATKR is cheaper than 98.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.49 | ||
| EV/EBITDA | 6.05 |
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 -23.43% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y-37.78%
EPS Next 3Y-23.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.08%, 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 3.06. ATKR pays more dividend than 95.70% of the companies in the same industry.
ATKR's Dividend Yield is comparable with the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
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-37.78%
EPS Next 3Y-23.43%
66.03
+1.65 (+2.56%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners101.53%
Inst Owner Change-0.52%
Ins Owners0.99%
Ins Owner Change-0.11%
Market Cap2.22B
Analysts75
Price Target64.87 (-1.76%)
Short Float %5.34%
Short Ratio2.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
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)0%
PT rev (3m)-15.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.79%
EPS NY rev (1m)0.48%
EPS NY rev (3m)1.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 11.82 | ||
| P/S | 0.77 | ||
| P/FCF | 8.49 | ||
| P/OCF | 5.68 | ||
| P/B | 1.52 | ||
| P/tB | 2.36 | ||
| EV/EBITDA | 6.05 |
EPS(TTM)7.73
EY11.71%
EPS(NY)5.59
Fwd EY8.46%
FCF(TTM)7.78
FCFY11.78%
OCF(TTM)11.63
OCFY17.61%
SpS85.76
BVpS43.54
TBVpS28.01
PEG (NY)N/A
PEG (5Y)0.27
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 | 3.13 |
F-Score4
WACC7.71%
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-53.62%
EPS Next 2Y-37.78%
EPS Next 3Y-23.43%
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-42.78%
EBIT Next 3Y-18.44%
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%