Atkore Stock Financials

ATKR -  USA Stock  

USD 71.25  0.66  0.92%

Understanding current and past Atkore Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Atkore's financial statements are interrelated, with each one affecting the others. For example, an increase in Atkore's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Atkore's financials over time to get the whole picture. Atkore Net Income Per Employee is relatively stable at the moment as compared to the past year. Atkore reported last year Net Income Per Employee of 36,945. As of 07/27/2021, Revenue Per Employee is likely to grow to about 428.7 K, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 303.9 M.
Use fundamental data analysis to double-check all available reported financial drivers of Atkore Inc to find out if markets are presently mispricing the company. We were able to collect data for thirty-six available fundamental indicators for Atkore Inc, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Atkore Inc financials, including its total debt, market capitalization, and the relationship between the gross profit and short ratio . Given that Atkore Inc has a number of shares shorted of 855.69 K, we suggest you to validate Atkore Inc prevailing market performance to make sure the company can sustain itself down the road. Use Atkore to protect your portfolios against small market fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Atkore to be traded at $69.83 in 90 days.

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With this module, you can analyze Atkore financials for your investing period. You should be able to track the changes in Atkore individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 26
Atkore Inc has less than 26 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Atkore stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Atkore's official financial statements usually reflect Atkore's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Atkore Inc. For example, before you start analyzing numbers published by Atkore accountants, it's critical to develop an understanding of what Atkore's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Atkore's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atkore's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Atkore's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Atkore Inc. Please utilize our Beneish M Score to check the likelihood of Atkore's management to manipulate its earnings.

Atkore Company Summary

Atkore competes with Barnes, Crane, Curtiss-Wright Corp, General Electric, and Hillenbrand. Atkore Inc. manufactures and distributes electrical raceway products, and mechanical products and solutions in the United States and internationally. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois. Atkore operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 3256 people.
Foreign Associate  Mexico
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001666138
RegionNorth America
LocationIllinois; U.S.A
Business Address16100 South Lathrop
IndustryElectrical Equipment & Parts
Phone708 339 1610
CurrencyUSD - US Dollar

Atkore Key Financial Ratios

Generally speaking, Atkore's financial ratios allow both analysts and investors to convert raw data from Atkore's financial statements into concise, actionable information that can be used to evaluate the performance of Atkore over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Atkore Inc reports annually and quarterly.

Atkore Key Balance Sheet Accounts

201620172018201920202021 (projected)
Inventories200 M221.75 M226.09 M199.09 M228.96 M240.25 M
Receivables224.43 M265.15 M315.35 M298.24 M268.42 M241.64 M
Accounts Payable125.62 M156.53 M150.68 M142.6 M128.34 M123.83 M
Total Assets1.22 B1.32 B1.44 B1.56 B1.79 B1.69 B
Current Assets505.76 M647.14 M699.54 M828.68 M952.98 M853.53 M
Assets Non Current709.33 M676.92 M737.46 M729.85 M839.33 M834.02 M
Cash and Equivalents45.72 M126.66 M123.42 M284.47 M327.14 M352.97 M
Total Debt576.08 M904.25 M845.32 M843.66 M970.21 M936.14 M
Debt Current1.27 M4.21 M26.56 M15.79 M14.21 M14.04 M
Debt Non Current571.86 M877.69 M845.32 M827.88 M952.06 M918.85 M
Shareholders Equity360.87 M122.06 M232.94 M378.41 M435.17 M368.34 M
Inventory200 M221.75 M226.09 M199.09 M228.96 M236 M
Total Liabilities854.22 M1.2 B1.2 B1.18 B1.36 B1.32 B
Current Liabilities211.84 M272.75 M287.53 M276.17 M317.6 M310.85 M
Tax Assets1.66 M162 K577 K687 K618.3 K769.03 K
Tax Liabilities26.82 M18.5 M25.81 M25.5 M22.95 M23.33 M

Atkore Key Income Statement Accounts

201620172018201920202021 (projected)
Direct Expenses1.14 B1.4 B1.42 B1.27 B1.15 B1.15 B
Consolidated Income84.64 M136.65 M139.05 M152.3 M175.15 M188.97 M
Cost of Revenue1.14 B1.4 B1.42 B1.27 B1.15 B1.16 B
Gross Profit361.27 M438.08 M497.2 M491.31 M565.01 M504.85 M
Interest Expense26.6 M40.69 M50.47 M40.06 M36.06 M36.69 M
Net Income84.64 M136.65 M139.05 M152.3 M175.15 M188.97 M
Operating Expenses205.32 M258.39 M273.54 M251.76 M289.52 M289.75 M
Operating Income155.95 M179.7 M223.66 M239.56 M275.49 M297.24 M
Revenues1.5 B1.84 B1.92 B1.77 B2.03 B2.04 B
Income Tax Expense41.49 M29.71 M45.62 M49.7 M57.15 M61.66 M

Atkore Key Cash Accounts

201620172018201920202021 (projected)
Capital Expenditure(25.02 M)(38.15 M)(34.78 M)(29.85 M)(26.86 M)(28.99 M)
Depreciation Amortization and Accretion54.73 M66.89 M72.35 M89.27 M102.66 M90.57 M
Net Cash Flow or Change in Cash and Cash Equivalents(154.56 M)80.94 M(3.25 M)161.06 M185.21 M199.84 M
Net Cash Flow Business Acquisitions and Disposals2.4 M(180.9 M)39.16 M(98 M)(112.7 M)(121.6 M)
Issuance Purchase of Equity Shares(1.77 M)(391.67 M)(17.05 M)(17.98 M)(16.18 M)(17.46 M)
Issuance Repayment of Debt Securities(65.92 M)325.89 M(60.98 M)(43.2 M)(38.88 M)(39.91 M)
Net Cash Flow from Financing(67.76 M)(65.93 M)(78.18 M)(61.18 M)(55.06 M)(59.41 M)
Net Cash Flow from Investing(205.83 M)2.51 M(133.1 M)(27.51 M)(24.76 M)(26.72 M)
Net Cash Flow from Operations121.65 M145.7 M209.69 M248.76 M286.08 M233.45 M
Effect of Exchange Rate Changes on Cash(2.62 M)(1.34 M)(1.66 M)986 K1.13 M1.22 M
Share Based Compensation12.79 M14.66 M11.8 M13.06 M15.02 M14.97 M

Atkore Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Atkore's current stock value. Our valuation model uses many indicators to compare Atkore value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Atkore competition to find correlations between indicators driving Atkore's intrinsic value. More Info.
Atkore Inc is number one stock in cash per share category among related companies. It is number one stock in retained earnings category among related companies . . As of 07/27/2021, Earnings before Tax is likely to grow to about 250.6 M, while Accumulated Retained Earnings Deficit are likely to drop (79.6 M).

Atkore Inc Systematic Risk

Atkore's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Atkore volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Atkore Inc correlated with the market. If Beta is less than 0 Atkore generally moves in the opposite direction as compared to the market. If Atkore Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Atkore Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Atkore is generally in the same direction as the market. If Beta > 1 Atkore moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Atkore Financials

What exactly are Atkore Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Atkore's income statement, its balance sheet, and the statement of cash flows. Potential Atkore investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Atkore investors may use each financial statement separately, they are all related. The changes in Atkore's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Atkore's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
 2018 2019 2020 2021 (projected)
Receivables315.35 M298.24 M268.42 M241.64 M
Inventories226.09 M199.09 M228.96 M240.25 M

Atkore Thematic Clasifications

Atkore Inc is part of Electrical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Electrical Equipment industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions
Electrical Equipment Idea
Electrical EquipmentView
This theme covers USA Equities from Electrical Equipment industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Atkore July 27, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Atkore help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Atkore Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Atkore Inc based on widely used predictive technical indicators. In general, we focus on analyzing Atkore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Atkore's daily price indicators and compare them against related drivers.
Information Ratio(0.05)
Maximum Drawdown12.28
Value At Risk(4.02)
Potential Upside3.24
Please continue to Trending Equities. Note that the Atkore Inc information on this page should be used as a complementary analysis to other Atkore's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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The market value of Atkore Inc is measured differently than its book value, which is the value of Atkore that is recorded on the company's balance sheet. Investors also form their own opinion of Atkore's value that differs from its market value or its book value, called intrinsic value, which is Atkore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atkore's market value can be influenced by many factors that don't directly affect Atkore Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atkore's value and its price as these two are different measures arrived at by different means. Investors typically determine Atkore value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.