ATKR:NYE-Atkore Inc (USD)

COMMON STOCK | Specialty Industrial Machinery | NYE

Last Closing Price

USD 87.19

Change

-1.92 (-2.15)%

Market Cap

USD 4.19B

Volume

0.60M

Average Target Price

USD 62.00 (-28.89%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Atkore Inc. manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. The company offers electrical raceway products, including electrical conduits and fittings, armored cables and fittings, and cable trays and mounting systems and fittings. It also provides MP&S products comprising metal framing and fittings, mechanical pipes, and barbed tapes, as well as construction services related to design, fabrication and installation, modular support structures, and fall protection. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Heritage Plastics, Unistrut, Power-Strut, Cope, and Calpipe brands, as well as other sub-brands. It serves a group of end markets, including new construction; maintenance, repair, and remodel, as well as infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and government through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-10 )

Largest Industry Peers for Specialty Industrial Machinery

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MMM 3M Company

+4.26 (+2.10%)

USD117.71B 20.78 13.80
GE General Electric Company

+0.05 (+0.38%)

USD116.58B 23.42 55.43
SBGSF Schneider Electric S.E

-8.64 (-5.23%)

USD90.60B 35.68 22.65
ITW Illinois Tool Works Inc

+0.78 (+0.33%)

USD75.41B 34.19 25.07
ETN Eaton Corporation plc

-0.10 (-0.07%)

USD58.79B 41.50 25.48
EMR Emerson Electric Co

+0.33 (+0.35%)

USD57.00B 26.81 17.07
ROP Roper Technologies, Inc

-0.06 (-0.01%)

USD46.77B 47.13 27.05
PH Parker-Hannifin Corporation

-2.94 (-0.92%)

USD41.20B 27.09 16.66
CMI Cummins Inc

+4.35 (+1.63%)

USD38.95B 21.03 12.15
AME AMETEK, Inc

-0.24 (-0.17%)

USD31.71B 39.34 24.46

ETFs Containing ATKR

Symbol Name Weight Mer Price(Change) Market Cap
AIRR First Trust RBA American .. 0.00 % 0.70 %

-0.52 (-1.21%)

USD0.21B
DESC Xtrackers Russell 2000 Co.. 0.00 % 0.30 %

N/A

USD0.01B
FFTY Innovator IBD 50 ETF 0.00 % 0.80 %

-1.02 (-2.21%)

USD0.25B
FYT First Trust Small Cap Val.. 0.00 % 0.70 %

-0.36 (-0.67%)

USD0.29B
PQSG PGIM QMA Strategic Alpha .. 0.00 % 0.29 %

-1.50 (-2.09%)

USD0.01B

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Industrial Machinery)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 112.09% 100% A+ 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 112.09% 100% A+ 98% A+
Trailing 12 Months  
Capital Gain 269.76% 93% A 96% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 269.76% 93% A 96% A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 23.46% 88% B+ 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 23.46% 86% B 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 56.53% 14% F 13% F
Risk Adjusted Return 41.50% 53% F 57% F
Market Capitalization 4.19B 41% F 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Industrial Machinery)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.04 95% A 61% D-
Price/Book Ratio 7.12 16% F 15% F
Price / Cash Flow Ratio 16.83 67% D+ 29% F
EV/EBITDA 8.96 98% A+ 73% C
Management Effectiveness  
Return on Equity 66.62% 96% A 98% A+
Return on Invested Capital 16.80% 88% B+ 89% B+
Return on Assets 15.72% 98% A+ 98% A+
Debt to Equity Ratio 212.40% 7% F 16% F
Technical Ratios  
Short Ratio 1.44 89% B+ 60% D-
Short Percent 1.66% 56% F 74% C
Beta 2.47 7% F 6% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.