ATS CORP (ATS) Stock Fundamental Analysis
USA - NYSE:ATS - CA00217Y1043 - Common Stock
24.24 USD
-0.5 (-2.02%)
24.24 USD
0 (0%)
ATS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. Both the profitability and financial health of ATS have multiple concerns. ATS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ATS was profitable.
In the past year ATS had a positive cash flow from operations.
ATS had positive earnings in 4 of the past 5 years.
Each year in the past 5 years ATS had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.10%, ATS is doing worse than 69.23% of the companies in the same industry.
With a Return On Equity value of -0.26%, ATS is not doing good in the industry: 68.46% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 2.30%, ATS is not doing good in the industry: 66.92% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for ATS is below the industry average of 10.24%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.1% | ||
| ROE | -0.26% | ||
| ROIC | 2.3% |
ROA(3y)2.58%
ROA(5y)2.92%
ROE(3y)7.06%
ROE(5y)8.16%
ROIC(3y)6.08%
ROIC(5y)6.21%
1.3 Margins
The Operating Margin of ATS (3.70%) is worse than 66.15% of its industry peers.
In the last couple of years the Operating Margin of ATS has declined.
With a Gross Margin value of 26.18%, ATS is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
ATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.7% | ||
| PM (TTM) | N/A | ||
| GM | 26.18% |
OM growth 3Y-30.58%
OM growth 5Y-19.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.77%
GM growth 5Y0.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ATS is destroying value.
The number of shares outstanding for ATS has been reduced compared to 1 year ago.
ATS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ATS is higher compared to a year ago.
2.2 Solvency
ATS has an Altman-Z score of 1.82. This is not the best score and indicates that ATS is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.82, ATS is not doing good in the industry: 66.92% of the companies in the same industry are doing better.
ATS has a debt to FCF ratio of 7.30. This is a slightly negative value and a sign of low solvency as ATS would need 7.30 years to pay back of all of its debts.
ATS has a Debt to FCF ratio (7.30) which is in line with its industry peers.
A Debt/Equity ratio of 0.85 indicates that ATS is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.85, ATS is doing worse than 73.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 7.3 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.26
WACC8.86%
2.3 Liquidity
ATS has a Current Ratio of 1.63. This is a normal value and indicates that ATS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ATS (1.63) is worse than 69.23% of its industry peers.
A Quick Ratio of 1.34 indicates that ATS should not have too much problems paying its short term obligations.
ATS has a Quick ratio (1.34) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
ATS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.51%.
The Earnings Per Share has been growing slightly by 6.90% on average over the past years.
The Revenue has decreased by -5.58% in the past year.
Measured over the past years, ATS shows a quite strong growth in Revenue. The Revenue has been growing by 12.12% on average per year.
EPS 1Y (TTM)-43.51%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%3874.73%
Revenue 1Y (TTM)-5.58%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%18.88%
3.2 Future
Based on estimates for the next years, ATS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.20% on average per year.
Based on estimates for the next years, ATS will show a quite strong growth in Revenue. The Revenue will grow by 8.12% on average per year.
EPS Next Y24.3%
EPS Next 2Y25.24%
EPS Next 3Y15.2%
EPS Next 5YN/A
Revenue Next Year11.9%
Revenue Next 2Y8.7%
Revenue Next 3Y8.12%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.87 indicates a rather expensive valuation of ATS.
The rest of the industry has a similar Price/Earnings ratio as ATS.
ATS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.07.
A Price/Forward Earnings ratio of 14.63 indicates a correct valuation of ATS.
Based on the Price/Forward Earnings ratio, ATS is valued a bit cheaper than 70.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.08. ATS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.87 | ||
| Fwd PE | 14.63 |
4.2 Price Multiples
ATS's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ATS is more expensive than 61.54% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ATS is valued a bit cheaper than the industry average as 76.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.8 | ||
| EV/EBITDA | 18.71 |
4.3 Compensation for Growth
ATS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ATS's earnings are expected to grow with 15.20% in the coming years.
PEG (NY)0.94
PEG (5Y)3.31
EPS Next 2Y25.24%
EPS Next 3Y15.2%
5. Dividend
5.1 Amount
No dividends for ATS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.24
-0.5 (-2.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners95.16%
Inst Owner ChangeN/A
Ins Owners0.86%
Ins Owner ChangeN/A
Market Cap2.37B
Revenue(TTM)2.69B
Net Income(TTM)-4.65M
Analysts76.36
Price Target33.7 (39.03%)
Short Float %2.99%
Short Ratio29.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.01%
Min Revenue beat(2)-0.3%
Max Revenue beat(2)2.32%
Revenue beat(4)1
Avg Revenue beat(4)-3.9%
Min Revenue beat(4)-17.23%
Max Revenue beat(4)2.32%
Revenue beat(8)3
Avg Revenue beat(8)-1.61%
Revenue beat(12)7
Avg Revenue beat(12)0.26%
Revenue beat(16)9
Avg Revenue beat(16)0.79%
PT rev (1m)-0.91%
PT rev (3m)-3.8%
EPS NQ rev (1m)3.18%
EPS NQ rev (3m)-2.82%
EPS NY rev (1m)-1.54%
EPS NY rev (3m)-12.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.87 | ||
| Fwd PE | 14.63 | ||
| P/S | 1.23 | ||
| P/FCF | 15.8 | ||
| P/OCF | 11.45 | ||
| P/B | 1.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.71 |
EPS(TTM)1.06
EY4.37%
EPS(NY)1.66
Fwd EY6.83%
FCF(TTM)1.53
FCFY6.33%
OCF(TTM)2.12
OCFY8.74%
SpS19.64
BVpS12.91
TBVpS-2.74
PEG (NY)0.94
PEG (5Y)3.31
Graham Number17.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.1% | ||
| ROE | -0.26% | ||
| ROCE | 2.93% | ||
| ROIC | 2.3% | ||
| ROICexc | 2.44% | ||
| ROICexgc | 7.35% | ||
| OM | 3.7% | ||
| PM (TTM) | N/A | ||
| GM | 26.18% | ||
| FCFM | 7.81% |
ROA(3y)2.58%
ROA(5y)2.92%
ROE(3y)7.06%
ROE(5y)8.16%
ROIC(3y)6.08%
ROIC(5y)6.21%
ROICexc(3y)6.47%
ROICexc(5y)6.7%
ROICexgc(3y)21.12%
ROICexgc(5y)23.22%
ROCE(3y)7.75%
ROCE(5y)7.9%
ROICexgc growth 3Y-44.72%
ROICexgc growth 5Y-24.75%
ROICexc growth 3Y-37.32%
ROICexc growth 5Y-25.02%
OM growth 3Y-30.58%
OM growth 5Y-19.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.77%
GM growth 5Y0.22%
F-Score4
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 7.3 | ||
| Debt/EBITDA | 5.95 | ||
| Cap/Depr | 52.39% | ||
| Cap/Sales | 2.97% | ||
| Interest Coverage | 0.95 | ||
| Cash Conversion | 115.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 1.82 |
F-Score4
WACC8.86%
ROIC/WACC0.26
Cap/Depr(3y)59.25%
Cap/Depr(5y)53.7%
Cap/Sales(3y)3.04%
Cap/Sales(5y)2.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.51%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%3874.73%
EPS Next Y24.3%
EPS Next 2Y25.24%
EPS Next 3Y15.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.58%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%18.88%
Revenue Next Year11.9%
Revenue Next 2Y8.7%
Revenue Next 3Y8.12%
Revenue Next 5YN/A
EBIT growth 1Y-64.84%
EBIT growth 3Y-27.04%
EBIT growth 5Y-9.42%
EBIT Next Year46.56%
EBIT Next 3Y21.47%
EBIT Next 5YN/A
FCF growth 1Y4012.19%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y195.31%
OCF growth 3Y-50.79%
OCF growth 5Y4.89%
ATS CORP / ATS FAQ
What is the fundamental rating for ATS stock?
ChartMill assigns a fundamental rating of 3 / 10 to ATS.
What is the valuation status of ATS CORP (ATS) stock?
ChartMill assigns a valuation rating of 4 / 10 to ATS CORP (ATS). This can be considered as Fairly Valued.
Can you provide the profitability details for ATS CORP?
ATS CORP (ATS) has a profitability rating of 2 / 10.
What is the valuation of ATS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ATS CORP (ATS) is 22.87 and the Price/Book (PB) ratio is 1.88.
How financially healthy is ATS CORP?
The financial health rating of ATS CORP (ATS) is 3 / 10.