Atkore Stock Valuation

ATKR -  USA Stock  

USD 71.25  0.66  0.92%

How much is Atkore Inc worth today? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Atkore, is its stock price multiplied by the total number of shares outstanding, calculating Atkore's enterprise value requires a different approach. It uses Atkore's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
As of 07/28/2021, Enterprise Value is likely to grow to about 2.1 B, while Free Cash Flow is likely to drop slightly above 200.9 M.
Atkore Inc shows a prevailing Real Value of $66.06 per share. The current price of the firm is $71.25. At this time, the firm appears to be overvalued. Our model approximates the value of Atkore Inc from analyzing the firm fundamentals such as Current Valuation of 3.81 B, return on equity of 66.62 %, and Profit Margin of 14.32 % as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

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Atkore Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Atkore's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Overvalued
Today
71.25
28th of July 2021
Share
Please note that Atkore's price fluctuation is very steady at this time. Calculation of the real value of Atkore Inc is based on 3 months time horizon. Increasing Atkore's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Atkore Inc is useful when determining the fair value of the Atkore stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Atkore. Since Atkore is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Atkore Stock. However, Atkore's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
66.06
Real Value
78.38
Upside
Estimating the potential upside or downside of Atkore Inc helps investors to forecast how Atkore stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Atkore more accurately as focusing exclusively on Atkore's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
67.0670.2273.38
Details
Hype
Prediction
LowEstimated ValueHigh
68.9371.3273.71
Details
Naive
Forecast
LowNext ValueHigh
72.4074.7977.18
Details
2 Analysts
Consensus
LowTarget PriceHigh
46.0068.0090.00
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. Some money managers use Atkore's intrinsic value based on its ongoing forecasts of Atkore's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by look to relative valuation against Atkore's closest peers. When choosing a valuation method Atkore Inc, make sure it is appropriate for the firm given its current financial situation and market classification. If more than one is valuation category is appropriate, we suggest using both methods to arrive at a better estimate.

Atkore Valuation Drivers Correlation

Many accounts on the financial statements of Atkore Inc are highly interrelated and sometimes correlated. Consequently, when conducting Atkore's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Atkore
Click cells to compare fundamentals

Atkore Market Cap

Atkore Inc is number one stock in market capitalization category among related companies. Market capitalization of Electrical Equipment & Parts industry is presently estimated at about 192.03 Billion. Atkore claims roughly 3.38 Billion in market capitalization contributing just under 2% to equities under Electrical Equipment & Parts industry.
Capitalization  Valuation  Workforce  Revenue  Total debt

Atkore Valuation Ratios as Compared to Competition

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 price to book category among related companies. It is number one stock in beta category among related companies totaling about  0.42  of Beta per Price to Book. The ratio of Price to Book to Beta for Atkore Inc is roughly  2.40 

About Atkore Valuation

The equity valuation mechanism determines the current worth of Atkore Inc on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Atkore Inc. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Atkore Inc based exclusively on its fundamental and basic technical indicators. By analyzing Atkore's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Atkore's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Atkore. We calculate exposure to Atkore's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Atkore's related companies.
Last ReportedProjected for 2021
Gross Profit565 M504.8 M
Profit Margin 0.1  0.10 
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.

Atkore Quarterly Enterprise Value

3.89 BillionShare

Atkore Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Atkore does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Quick Ratio2.26
Earnings Quarterly Growth218.80%
Revenue Growth40.40%
Enterprise Value To Ebitda7.84
Earnings Growth222.50%
Enterprise Value To Revenue1.89

Atkore Current Valuation Indicators

Valuation refers to the process of determining the present value of Atkore Inc and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Atkore we look at many different elements of the entity such as Atkore's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Atkore Inc price analysis, check to measure Atkore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atkore is operating at the current time. Most of Atkore's value examination focuses on studying past and present price action to predict the probability of Atkore's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atkore's price. Additionally, you may evaluate how the addition of Atkore to your portfolios can decrease your overall portfolio volatility.
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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.