ATS CORP (ATS) Stock Fundamental Analysis
USA - NYSE:ATS - CA00217Y1043 - Common Stock
27.17 USD
+0.01 (+0.04%)
27.17 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. 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.
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
ATS has a Return On Assets of -0.89%. This is in the lower half of the industry: ATS underperforms 70.77% of its industry peers.
Looking at the Return On Equity, with a value of -2.30%, ATS is doing worse than 70.00% of the companies in the same industry.
ATS's Return On Invested Capital of 1.59% is on the low side compared to the rest of the industry. ATS is outperformed by 69.23% of its industry peers.
ATS had an Average Return On Invested Capital over the past 3 years of 6.08%. This is below the industry average of 10.00%.
The last Return On Invested Capital (1.59%) for ATS is well below the 3 year average (6.08%), which needs to be investigated, but indicates that ATS had better years and this may not be a problem.
| 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's Operating Margin of 2.62% is on the low side compared to the rest of the industry. ATS is outperformed by 69.23% of its industry peers.
ATS's Operating Margin has declined in the last couple of years.
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
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.
ATS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.85 indicates that ATS is not a great score, but indicates only limited risk for bankruptcy at the moment.
ATS has a Altman-Z score of 1.85. This is in the lower half of the industry: ATS underperforms 68.46% of its industry peers.
ATS has a debt to FCF ratio of 10.97. This is a negative value and a sign of low solvency as ATS would need 10.97 years to pay back of all of its debts.
The Debt to FCF ratio of ATS (10.97) is worse than 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.
Looking at the Debt to Equity ratio, with a value of 0.87, ATS is doing worse than 75.38% of the companies in the same industry.
| 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.
With a Current ratio value of 1.62, ATS is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
A Quick Ratio of 1.32 indicates that ATS should not have too much problems paying its short term obligations.
The Quick ratio of ATS (1.32) is comparable to the rest of the industry.
| 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.
Measured over the past 5 years, ATS shows a small growth in Earnings Per Share. The EPS has been growing by 6.90% on average per year.
Looking at the last year, ATS shows a very negative growth in Revenue. The Revenue has decreased by -13.38% in the last year.
ATS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.12% yearly.
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
The Earnings Per Share is expected to grow by 20.85% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 8.34% on average over the next years. This is quite good.
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
ATS is valuated quite expensively with a Price/Earnings ratio of 27.44.
Compared to the rest of the industry, the Price/Earnings ratio of ATS is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.83, ATS is valued at the same level.
ATS is valuated correctly with a Price/Forward Earnings ratio of 16.16.
Based on the Price/Forward Earnings ratio, ATS is valued a bit cheaper than the industry average as 72.31% of the companies are valued more expensively.
ATS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.44 | ||
| Fwd PE | 16.16 |
4.2 Price Multiples
65.38% of the companies in the same industry are cheaper than ATS, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as ATS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.83 | ||
| 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)3.98
EPS Next 2Y26.05%
EPS Next 3Y20.85%
5. Dividend
5.1 Amount
ATS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.17
+0.01 (+0.04%)
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 (25.17%)
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 | 27.44 | ||
| Fwd PE | 16.16 | ||
| P/S | 1.44 | ||
| P/FCF | 26.83 | ||
| P/OCF | 17.13 | ||
| P/B | 2.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.92 |
EPS(TTM)0.99
EY3.64%
EPS(NY)1.68
Fwd EY6.19%
FCF(TTM)1.01
FCFY3.73%
OCF(TTM)1.59
OCFY5.84%
SpS18.83
BVpS12.48
TBVpS-3
PEG (NY)1.05
PEG (5Y)3.98
Graham Number16.67
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 27.44 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.