Atkore International Group Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 91.14% of US listed stocks.
With a one year PEG ratio of 427.25, Atkore International Group Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.11% of US stocks.
Atkore International Group Inc's stock had its IPO on June 10, 2016, making it an older stock than just 16.14% of US equities in our set.
If you're looking for stocks that are quantitatively similar to Atkore International Group Inc, a group of peers worth examining would be LEG, CELP, WGO, BWXT, and THO.
ATKR's SEC filings can be seen here. And to visit Atkore International Group Inc's official web site, go to www.atkore.com.
Atkore International Group Inc. (ATKR) Company Bio
Atkore International Group Inc. manufactures and distributes electrical raceway products. It offers steel, PVC and aluminum conduit, armored cable and flexible conduits, wire baskets, cable trays, fittings, and mechanical pipe. The company was founded in 1959 and is based in Harvey, Illinois.
ATKR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ATKR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Atkore International Group Inc ranked in the 65th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Atkore International Group Inc ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is 6.04 -- which is good for besting 61.49% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
Atkore International Group Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 8.72% of tickers in our DCF set.
Atkore International Group Inc's effective tax rate, as measured by taxes paid relative to net income, is at 17 -- greater than 67.2% of US stocks with positive 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 ATKR, try NPO, PAC, WCC, SPXC, and IR.
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (the “Company”) (NYSE: ATKR), today announced that Bill Waltz, President and Chief Executive Officer, is scheduled to participate in a question and answer session at the RBC Capital Markets Global Industrials Virtual Conference on Monday, September 14, 2020 at 1:40 p.m. Eastern Time. A webcast link of the live event will be available on the Investor Relations site of atkore.com (https://investors.atkore.com/events-and-presentations)
HARVEY, Ill.--(BUSINESS WIRE)--Atkore International Group Inc. (the "Company" or "Atkore") (NYSE: ATKR) announced earnings for its fiscal 2020 third quarter ended June 26, 2020. “I’m pleased to announce Atkore delivered solid results despite challenging economic conditions caused by the COVID-19 pandemic,” commented Bill Waltz, Atkore President and Chief Executive Officer. “Our team’s strong operational focus and disciplined cost control measures enabled the business to meet our responsibilitie
Atkore, a leading manufacturer of electrical, mechanical, and safety products today announced the company’s refreshed brand to better reflect its future as a comprehensive infrastructure solutions company. For nearly a century, Atkore has grown through a deep understanding of the high demands of the construction industry. Atkore’s portfolio of industry-leading brands, coupled with its breadth of products and solutions, brings exceptional value to distributors, contractors and end users.