ATS CORP (ATS) Stock Fundamental Analysis
USA - NYSE:ATS - CA00217Y1043 - Common Stock
27.16 USD
+0.09 (+0.33%)
27.16 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to ATS. ATS was compared to 130 industry peers in the Machinery industry. ATS has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
ATS had a positive operating cash flow in the past year.
ATS had positive earnings in 4 of the past 5 years.
In the past 5 years ATS always reported a positive cash flow from operatings.
1.2 Ratios
ATS has a worse Return On Assets (-0.89%) than 70.77% of its industry peers.
ATS has a worse Return On Equity (-2.30%) than 70.00% of its industry peers.
With a Return On Invested Capital value of 1.59%, ATS is not doing good in the industry: 69.23% 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 10.00%.
The 3 year average ROIC (6.08%) for ATS is well above the current ROIC(1.59%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -2.3% | ||
| ROIC | 1.59% |
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
ATS has a worse Operating Margin (2.62%) than 69.23% of its industry peers.
In the last couple of years the Operating Margin of ATS has declined.
The Gross Margin of ATS (25.92%) is worse than 63.08% of its industry peers.
ATS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.62% | ||
| PM (TTM) | N/A | ||
| GM | 25.92% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ATS is destroying value.
ATS has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ATS has been increased compared to 5 years ago.
ATS has a worse debt/assets ratio than last year.
2.2 Solvency
ATS has an Altman-Z score of 1.85. 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.
ATS has a worse Altman-Z score (1.85) than 68.46% of its industry peers.
The Debt to FCF ratio of ATS is 10.97, which is on the high side as it means it would take ATS, 10.97 years of fcf income to pay off all of its debts.
ATS has a Debt to FCF ratio of 10.97. This is in the lower half of the industry: ATS underperforms 60.00% of its industry peers.
ATS has a Debt/Equity ratio of 0.87. This is a neutral value indicating ATS is somewhat dependend on debt financing.
ATS's Debt to Equity ratio of 0.87 is on the low side compared to the rest of the industry. ATS is outperformed by 75.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 10.97 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.18
WACC8.92%
2.3 Liquidity
ATS has a Current Ratio of 1.62. This is a normal value and indicates that ATS is financially healthy and should not expect problems in meeting its short term obligations.
ATS's Current ratio of 1.62 is on the low side compared to the rest of the industry. ATS is outperformed by 69.23% of its industry peers.
ATS has a Quick Ratio of 1.32. This is a normal value and indicates that ATS is financially healthy and should not expect problems in meeting its short term obligations.
ATS has a Quick ratio of 1.32. This is comparable to the rest of the industry: ATS outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The earnings per share for ATS have decreased strongly by -42.80% in the last year.
ATS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.90% yearly.
ATS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.38%.
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)-42.8%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%-18%
Revenue 1Y (TTM)-13.38%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%6.11%
3.2 Future
Based on estimates for the next years, ATS will show a very strong growth in Earnings Per Share. The EPS will grow by 20.85% 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 8.34% on average per year.
EPS Next Y26.25%
EPS Next 2Y26.05%
EPS Next 3Y20.85%
EPS Next 5YN/A
Revenue Next Year11.86%
Revenue Next 2Y8.63%
Revenue Next 3Y8.34%
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 accelerating.
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 27.43, the valuation of ATS can be described as expensive.
ATS's Price/Earnings is on the same level as the industry average.
ATS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.08.
The Price/Forward Earnings ratio is 16.20, which indicates a correct valuation of ATS.
Based on the Price/Forward Earnings ratio, ATS is valued a bit cheaper than the industry average as 71.54% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ATS to the average of the S&P500 Index (23.09), we can say ATS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.43 | ||
| Fwd PE | 16.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATS indicates a slightly more expensive valuation: ATS is more expensive than 65.38% of the companies listed in the same industry.
ATS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.9 | ||
| EV/EBITDA | 22.92 |
4.3 Compensation for Growth
ATS'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 ATS's earnings are expected to grow with 20.85% in the coming years.
PEG (NY)1.05
PEG (5Y)3.97
EPS Next 2Y26.05%
EPS Next 3Y20.85%
5. Dividend
5.1 Amount
No dividends for ATS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.16
+0.09 (+0.33%)
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 Cap2.66B
Revenue(TTM)2.58B
Net Income(TTM)-39214000
Analysts76.36
Price Target34.01 (25.22%)
Short Float %3.2%
Short Ratio31.72
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)1
Avg EPS beat(2)3.26%
Min EPS beat(2)-2.83%
Max EPS beat(2)9.34%
EPS beat(4)1
Avg EPS beat(4)-4.31%
Min EPS beat(4)-22.3%
Max EPS beat(4)9.34%
EPS beat(8)2
Avg EPS beat(8)-1.09%
EPS beat(12)4
Avg EPS beat(12)1.58%
EPS beat(16)8
Avg EPS beat(16)7.14%
Revenue beat(2)1
Avg Revenue beat(2)-7.46%
Min Revenue beat(2)-17.23%
Max Revenue beat(2)2.32%
Revenue beat(4)1
Avg Revenue beat(4)-5.29%
Min Revenue beat(4)-17.23%
Max Revenue beat(4)2.32%
Revenue beat(8)4
Avg Revenue beat(8)-1.39%
Revenue beat(12)7
Avg Revenue beat(12)0.01%
Revenue beat(16)10
Avg Revenue beat(16)1.04%
PT rev (1m)-0.52%
PT rev (3m)-2.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.43 | ||
| Fwd PE | 16.2 | ||
| P/S | 1.45 | ||
| P/FCF | 26.9 | ||
| P/OCF | 17.18 | ||
| P/B | 2.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.92 |
EPS(TTM)0.99
EY3.65%
EPS(NY)1.68
Fwd EY6.17%
FCF(TTM)1.01
FCFY3.72%
OCF(TTM)1.58
OCFY5.82%
SpS18.77
BVpS12.44
TBVpS-2.99
PEG (NY)1.05
PEG (5Y)3.97
Graham Number16.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -2.3% | ||
| ROCE | 2.02% | ||
| ROIC | 1.59% | ||
| ROICexc | 1.68% | ||
| ROICexgc | 5.11% | ||
| OM | 2.62% | ||
| PM (TTM) | N/A | ||
| GM | 25.92% | ||
| FCFM | 5.38% |
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-Score3
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 10.97 | ||
| Debt/EBITDA | 6.75 | ||
| Cap/Depr | 51.43% | ||
| Cap/Sales | 3.05% | ||
| Interest Coverage | 0.73 | ||
| Cash Conversion | 98.59% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 1.85 |
F-Score3
WACC8.92%
ROIC/WACC0.18
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)-42.8%
EPS 3Y-11.98%
EPS 5Y6.9%
EPS Q2Q%-18%
EPS Next Y26.25%
EPS Next 2Y26.05%
EPS Next 3Y20.85%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.38%
Revenue growth 3Y5.09%
Revenue growth 5Y12.12%
Sales Q2Q%6.11%
Revenue Next Year11.86%
Revenue Next 2Y8.63%
Revenue Next 3Y8.34%
Revenue Next 5YN/A
EBIT growth 1Y-79.35%
EBIT growth 3Y-27.04%
EBIT growth 5Y-9.42%
EBIT Next Year46.56%
EBIT Next 3Y21.47%
EBIT Next 5YN/A
FCF growth 1Y452.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y319.6%
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 3 / 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 27.43 and the Price/Book (PB) ratio is 2.18.
How financially healthy is ATS CORP?
The financial health rating of ATS CORP (ATS) is 2 / 10.