IPATH SELECT MLP ETN (ATMP) Fundamental Analysis & Valuation
NYSEARCA:ATMP • US06742C7231
Current stock price
34.97 USD
+0.38 (+1.1%)
Last:
This ATMP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ATMP Profitability Analysis
1.1 Basic Checks
- In the past year ATMP was profitable.
- ATMP had a positive operating cash flow in the past year.
- ATMP had positive earnings in each of the past 5 years.
- ATMP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ATMP has a worse Return On Assets (0.61%) than 76.32% of its industry peers.
- ATMP has a better Return On Equity (12.21%) than 80.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 12.21% | ||
| ROIC | N/A |
ROA(3y)0.35%
ROA(5y)0.36%
ROE(3y)7.11%
ROE(5y)7.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 19.81%, ATMP is doing worse than 71.05% of the companies in the same industry.
- In the last couple of years the Profit Margin of ATMP has grown nicely.
- The Operating Margin and Gross Margin are not available for ATMP so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 19.81% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.74%
PM growth 5Y24.07%
GM growth 3YN/A
GM growth 5YN/A
2. ATMP Health Analysis
2.1 Basic Checks
- ATMP does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, ATMP has less shares outstanding
- The number of shares outstanding for ATMP has been reduced compared to 5 years ago.
- Compared to 1 year ago, ATMP has a worse debt to assets ratio.
2.2 Solvency
- ATMP has a debt to FCF ratio of 16.28. This is a negative value and a sign of low solvency as ATMP would need 16.28 years to pay back of all of its debts.
- ATMP has a worse Debt to FCF ratio (16.28) than 80.53% of its industry peers.
- A Debt/Equity ratio of 3.53 is on the high side and indicates that ATMP has dependencies on debt financing.
- The Debt to Equity ratio of ATMP (3.53) is worse than 94.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.53 | ||
| Debt/FCF | 16.28 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.21%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. ATMP Growth Analysis
3.1 Past
- ATMP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.11%, which is quite impressive.
- ATMP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.52% yearly.
- The Revenue has grown by 8.24% in the past year. This is quite good.
- Measured over the past years, ATMP shows a small growth in Revenue. The Revenue has been growing by 6.60% on average per year.
EPS 1Y (TTM)25.11%
EPS 3Y12.31%
EPS 5Y38.52%
EPS Q2Q%23.52%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y5.3%
Revenue growth 5Y6.6%
Sales Q2Q%1.62%
3.2 Future
- ATMP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.14% yearly.
- The Revenue is expected to grow by 4.06% on average over the next years.
EPS Next Y11.14%
EPS Next 2Y14.13%
EPS Next 3Y13.86%
EPS Next 5Y8.14%
Revenue Next Year6.16%
Revenue Next 2Y5.26%
Revenue Next 3Y4.77%
Revenue Next 5Y4.06%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ATMP Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 12.76, ATMP is valued correctly.
- ATMP's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 25.50. ATMP is valued slightly cheaper when compared to this.
- ATMP is valuated reasonably with a Price/Forward Earnings ratio of 11.49.
- Based on the Price/Forward Earnings ratio, ATMP is valued a bit more expensive than the industry average as 61.58% of the companies are valued more cheaply.
- The average S&P500 Price/Forward Earnings ratio is at 22.67. ATMP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 11.49 |
4.2 Price Multiples
- 91.05% of the companies in the same industry are more expensive than ATMP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- ATMP's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as ATMP's earnings are expected to grow with 13.86% in the coming years.
PEG (NY)1.15
PEG (5Y)0.33
EPS Next 2Y14.13%
EPS Next 3Y13.86%
5. ATMP Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 2.25%, ATMP has a reasonable but not impressive dividend return.
- ATMP's Dividend Yield is slightly below the industry average, which is at 2.78.
- ATMP's Dividend Yield is comparable with the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
5.2 History
- On average, the dividend of ATMP grows each year by 24.14%, which is quite nice.
- ATMP has been paying a dividend for at least 10 years, so it has a reliable track record.
- ATMP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)24.14%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- ATMP pays out 23.70% of its income as dividend. This is a sustainable payout ratio.
- ATMP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP23.7%
EPS Next 2Y14.13%
EPS Next 3Y13.86%
ATMP Fundamentals: All Metrics, Ratios and Statistics
NYSEARCA:ATMP (3/24/2026, 8:14:42 PM)
34.97
+0.38 (+1.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-10 2026-02-10/dmh
Earnings (Next)04-28 2026-04-28
Inst Owners52.42%
Inst Owner Change0.94%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap120.42B
Revenue(TTM)47.94B
Net Income(TTM)9.50B
Analysts80
Price Target39.39 (12.64%)
Short Float %0%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
Yearly Dividend0.89
Dividend Growth(5Y)24.14%
DP23.7%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-02 2026-03-02 (0.392948)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.25%
Min EPS beat(2)18.37%
Max EPS beat(2)34.12%
EPS beat(4)4
Avg EPS beat(4)20.74%
Min EPS beat(4)13.75%
Max EPS beat(4)34.12%
EPS beat(8)8
Avg EPS beat(8)25.75%
EPS beat(12)12
Avg EPS beat(12)25.23%
EPS beat(16)16
Avg EPS beat(16)25.65%
Revenue beat(2)2
Avg Revenue beat(2)0.84%
Min Revenue beat(2)0.55%
Max Revenue beat(2)1.13%
Revenue beat(4)4
Avg Revenue beat(4)1.79%
Min Revenue beat(4)0.55%
Max Revenue beat(4)4.11%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)22.12%
PT rev (3m)26.08%
EPS NQ rev (1m)-1.22%
EPS NQ rev (3m)-6.82%
EPS NY rev (1m)0.15%
EPS NY rev (3m)5.03%
Revenue NQ rev (1m)-1.68%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 11.49 | ||
| P/S | 1.87 | ||
| P/FCF | 5.32 | ||
| P/OCF | 4.79 | ||
| P/B | 1.15 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.74
EY7.84%
EPS(NY)3.04
Fwd EY8.7%
FCF(TTM)6.58
FCFY18.81%
OCF(TTM)7.3
OCFY20.88%
SpS18.68
BVpS30.31
TBVpS27.08
PEG (NY)1.15
PEG (5Y)0.33
Graham Number43.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 12.21% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 19.81% | ||
| GM | N/A | ||
| FCFM | 35.21% |
ROA(3y)0.35%
ROA(5y)0.36%
ROE(3y)7.11%
ROE(5y)7.54%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.74%
PM growth 5Y24.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.53 | ||
| Debt/FCF | 16.28 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 104.67% | ||
| Cap/Sales | 3.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 177.76% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC6.21%
ROIC/WACCN/A
Cap/Depr(3y)91.82%
Cap/Depr(5y)91.22%
Cap/Sales(3y)5.54%
Cap/Sales(5y)5.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.11%
EPS 3Y12.31%
EPS 5Y38.52%
EPS Q2Q%23.52%
EPS Next Y11.14%
EPS Next 2Y14.13%
EPS Next 3Y13.86%
EPS Next 5Y8.14%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y5.3%
Revenue growth 5Y6.6%
Sales Q2Q%1.62%
Revenue Next Year6.16%
Revenue Next 2Y5.26%
Revenue Next 3Y4.77%
Revenue Next 5Y4.06%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y204.75%
FCF growth 3Y-16.01%
FCF growth 5Y-21.38%
OCF growth 1Y163.45%
OCF growth 3Y-14.74%
OCF growth 5Y-20.09%
IPATH SELECT MLP ETN / ATMP Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for IPATH SELECT MLP ETN?
ChartMill assigns a fundamental rating of 3 / 10 to ATMP.
What is the valuation status for ATMP stock?
ChartMill assigns a valuation rating of 5 / 10 to IPATH SELECT MLP ETN (ATMP). This can be considered as Fairly Valued.
What is the profitability of ATMP stock?
IPATH SELECT MLP ETN (ATMP) has a profitability rating of 3 / 10.
What is the valuation of IPATH SELECT MLP ETN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IPATH SELECT MLP ETN (ATMP) is 12.76 and the Price/Book (PB) ratio is 1.15.
Is the dividend of IPATH SELECT MLP ETN sustainable?
The dividend rating of IPATH SELECT MLP ETN (ATMP) is 5 / 10 and the dividend payout ratio is 23.7%.