Allegheny Technologies Incorporated (ATI) Company Bio
Allegheny Technologies offers a wide range of specialty materials solutions. Our major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. The company was founded in 1960 and is based in Pittsburgh, Pennsylvania.
ATI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Allegheny Technologies Inc. To summarize, we found that Allegheny Technologies Inc ranked in the 72th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 261% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for ATI, they are:
43% of the company's capital comes from equity, which is greater than just 22.09% of stocks in our cash flow based forecasting set.
Allegheny Technologies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.8. This coverage rate is greater than that of just 21.48% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Allegheny Technologies Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ATI, try ALG, TISI, EME, MTW, and SPXC.
David E. Shaw discloses its 5% stakes in Allegheny Technologies (ATI), reflecting his direct beneficial ownership of 6,432,093 shares compared to previous 6,507,663 shares.His D.E. Shaw & Co. also maintains the same stake in ATI, effective the transaction date of Sept. 8, 2020.Stock up 2.09% AH...
David Elliot Shaw discloses its 5% stakes in Allegheny Technologies (ATI), reflecting his direct beneficial ownership of 6,432,093 shares compared to previous 6,507,663 shares.His D.E. Shaw & Co. also maintains the same stake in ATI, effective the transaction date of Sept. 8, 2020.Stock up 2.09% AH...
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