Ankündigung • May 02
Atkore Inc. announces Quarterly dividend, payable on May 29, 2026 Atkore Inc. announced Quarterly dividend of USD 0.3300 per share payable on May 29, 2026, ex-date on May 19, 2026 and record date on May 19, 2026. Ankündigung • Apr 15
Atkore Inc. to Report Q2, 2026 Results on May 05, 2026 Atkore Inc. announced that they will report Q2, 2026 results Pre-Market on May 05, 2026 Ankündigung • Jan 29
Atkore Inc. Declares Quarterly Cash Dividend, Payable on February 27, 2026 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.33 per share of common stock payable on February 27, 2026, to stockholders of record on February 17, 2026. Ankündigung • Jan 13
Atkore Inc. to Report Q1, 2026 Results on Feb 03, 2026 Atkore Inc. announced that they will report Q1, 2026 results Pre-Market on Feb 03, 2026 Ankündigung • Dec 15
Atkore Inc., Annual General Meeting, Jan 29, 2026 Atkore Inc., Annual General Meeting, Jan 29, 2026. Location: waldorf astoria chicago, 11 e walton street, illinois 60611, chicago United States Ankündigung • Nov 19
Atkore Inc. Declares Quarterly Dividend, Payable on December 17, 2025 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.33 per share of common stock payable on December 17, 2025, to stockholders of record on December 5, 2025. Ankündigung • Oct 23
Atkore Inc. to Report Q4, 2025 Results on Nov 20, 2025 Atkore Inc. announced that they will report Q4, 2025 results Pre-Market on Nov 20, 2025 Ankündigung • Jul 31
Atkore Inc. Declares Quarterly Cash Dividend, Payable on August 29, 2025 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.33 per share of common stock payable on August 29, 2025, to stockholders of record on August 19, 2025. Ankündigung • Jul 15
Atkore Inc. to Report Q3, 2025 Results on Aug 05, 2025 Atkore Inc. announced that they will report Q3, 2025 results Pre-Market on Aug 05, 2025 Ankündigung • May 01
Atkore Inc. Declares Increased Quarterly Cash Dividend, Payable on May 28, 2025 The Board of Directors of Atkore Inc. approved an increase in the Company’s quarterly cash dividend from $0.32 to $0.33 per share of common stock. The dividend increase will be effective for quarterly dividends payable on May 28, 2025, to stockholders of record on May 16, 2025. Ankündigung • Apr 23
Atkore Inc. Provides Earnings Guidance for the Second Quarter Ended March 28, 2025 and Reaffirms Guidance for Full Fiscal Year 2025 Atkore Inc. provided earnings guidance for the second quarter ended March 28, 2025. For the second quarter, the company is expected to have Net sales of approximately $695 million to $705 million.
For the full fiscal year, the company is expected to have Net sales of approximately $2,850 million to $2,950 million. Ankündigung • Apr 22
Atkore Inc. to Report Q2, 2025 Results on May 06, 2025 Atkore Inc. announced that they will report Q2, 2025 results Pre-Market on May 06, 2025 Board Change • Apr 07
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Barbara Edwards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 27
Atkore Inc. Faces Class Action Suit over Potential Improper Revenues Recorded Pursuant to Anticompetitive Conduct A class action lawsuit has been filed against Atkore Inc. The suit, captioned Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund v. Atkore Inc., et al., No. 1:25-cv-01851 (N.D. Ill.), represents investors who purchased or acquired Atkore common stock between February 1, 2024 and February 3, 2025. Hagens Berman is investigating the alleged claims and urges investors who purchased Atkore shares and suffered substantial losses to submit your losses now. In the recent past, Atkore has said that “[t]he principle markets that we serve are highly competitive[]” and that its internal control over financial reporting has been sufficient to “provide reasonable assurance regarding the preparation of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. The company has recently downplayed accusations of having engaged in anticompetitive misconduct related to its PVC water pipe and PVC conduit pricing since approximately 2021, related to pricing of PVC pipes sold in the United States and, more specifically, downplayed that “PVC pipe manufacturers improperly shared otherwise confidential information through their contribution of information through their contribution of information to; and readership of, a weekly report called ‘PVC & Pipe Weekly’ published by […] Oil Pipe Information Service, LLP (‘OPIS’).” While the company has maintained that “there are defenses, both factual and legal” the complaint in the suit alleges otherwise. The complaint alleges that Atkore made false and misleading statements, while failing to disclose crucial information. Specifically, the suit contends that Atkore: (1) engaged in an anticompetitive price-fixing scheme that artificially inflated the price of its PVC pipes; (2) reaped significant, unsustainable financial benefits from its anticompetitive conduct; (3) as the price-fixing scheme was exposed, it and its co-conspirators were no longer able to artificially inflate the price of PVC pipes, resulting in a substantial decrease in the price of PVC pipes; and (4) its business and operations were negatively impacted. Investors began to learn the truth on July 24, 2024, when the short seller firm ManBear published a report accusing Atkore and three other PVC pipe manufacturers of using the commodity pricing service OPIS to coordinate pricing actions, thereby fixing PVC pipe prices and “result[ing] in massively inflated” PVC pipe prices that “defy economic logic. Ankündigung • Feb 19
The AZEK Company Inc. (NYSE:AZEK) acquired Northwest Polymers,LLC from Atkore Inc. (NYSE:ATKR). The AZEK Company Inc. (NYSE:AZEK) acquired Northwest Polymers,LLC from Atkore Inc. (NYSE:ATKR) recently. Ankündigung • Feb 15
Atkore Inc. Receives from the U.S. Department of Justice Antitrust Division A Grand Jury Subpoena Issued by the U.S. District Court for the Northern District of California Atkore Inc. on February 13, 2025, the company received from the U.S. Department of Justice (“DOJ”) Antitrust Division a grand jury subpoena issued by the U.S. District Court for the Northern District of California. The subpoena calls for production of documents relating to the pricing of the Company’s PVC pipe and conduit products. The Company intends to comply with its obligations under the subpoena. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to Mex$1,356, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electrical industry globally. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,106 per share. Board Change • Feb 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Barbara Edwards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 31
Atkore Inc. Declares Quarterly Dividend, Payable on February 28, 2025 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.32 per share of common stock payable on February 28, 2025, to stockholders of record on February 18, 2025. Ankündigung • Jan 14
Atkore Inc. to Report Q1, 2025 Results on Feb 04, 2025 Atkore Inc. announced that they will report Q1, 2025 results Pre-Market on Feb 04, 2025 Ankündigung • Jan 11
Atkore Inc. Names John W. Pregenzer as Chief Operating Officer Atkore Inc. announced that John W. Pregenzer is named Chief Operating Officer in addition to his current role as President-Electrical. Mr. Pregenzer will continue reporting directly to Bill Waltz, Atkore President and Chief Executive Officer. Mr. Pregenzer joined the Company in July 2015. Since 2020, he has served as President – Electrical, a position he will continue to hold. Prior to that, Mr. Pregenzer held positions within the Company as President for the Conduit & Fittings business unit and Vice President and General Manager of the Plastic Pipe and Conduit strategic business unit. Before Atkore, Mr. Pregenzer spent the majority of his career in executive sales, marketing, and operations positions with Georg Fischer AG, a Swiss based industrial products manufacturer. During his tenure, Mr. Pregenzer held positions including President and Managing Director for Georg Fischer Piping Systems LLC and Georg Fischer Sloane Inc., in addition to others of progressing responsibility. Mr. Pregenzer earned a Master of Business Administration from the University of Southern California, Marshall School of Business and a Bachelors of Accountancy from the University of San Diego. He also received a Certificate in Strategic Management from IMD Business School in Switzerland. Ankündigung • Dec 04
Atkore Inc., Annual General Meeting, Jan 30, 2025 Atkore Inc., Annual General Meeting, Jan 30, 2025. Location: hilton atlanta marietta, 500 powder springs st., marietta, ga 30064, United States Recent Insider Transactions • Nov 30
President recently sold Mex$233m worth of stock On the 27th of November, William Waltz sold around 120k shares on-market at roughly Mex$1,938 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. William has been a net seller over the last 12 months, reducing personal holdings by Mex$351m. Upcoming Dividend • Nov 29
Upcoming dividend of US$0.32 per share Eligible shareholders must have bought the stock before 06 December 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Mexican dividend payers (7.2%). In line with average of industry peers (1.4%). Reported Earnings • Nov 22
Full year 2024 earnings released: EPS: US$12.83 (vs US$17.51 in FY 2023) Full year 2024 results: EPS: US$12.83 (down from US$17.51 in FY 2023). Revenue: US$3.20b (down 9.0% from FY 2023). Net income: US$472.9m (down 30% from FY 2023). Profit margin: 15% (down from 19% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 12% growth forecast for the Global Electrical industry. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year. Ankündigung • Nov 21
Atkore Inc. Provides Earnings Guidance for the Full Year 2025 Atkore Inc. provided earnings guidance for the full year 2025. For the Full-year 2025, the company Net sales expected to be in the range of $2.9 billion to $3.2 billion. Ankündigung • Nov 19
Atkore Inc. Declares Quarterly Cash Dividend, Payable on December 16, 2024 The board of directors of Atkore Inc. declared a quarterly cash dividend of $0.32 per share of common stock payable on December 16, 2024, to stockholders of record on December 6, 2024. Ankündigung • Nov 14
New York’s Erie County Water Authority Files an Antitrust Lawsuit Against Atkore, Diamond Plastics, JM Eagle, National Pipe and Plastics, Otter Tail, IPEX and Westlake Corporation New York’s Erie County Water Authority has filed an antitrust lawsuit against several major U.S. PVC pipe manufacturers, alleging those manufacturers colluded to create an illegal price-fixing scheme that artificially raised the price of PVC pipes widely used in public water systems and municipal wastewater collection and treatment across the country. The law firms FeganScott and Douglas & London PC filed the lawsuit on behalf of Erie County Water Authority, claiming that seven companies – which control 90% of the PVC market – used an industry information exchange platform to communicate about and coordinate the price for PVC pipes. The 53-page complaint names Atkore, Diamond Plastics, JM Eagle, National Pipe and Plastics, Otter Tail, IPEX, and Westlake Corporation. It also names Opis, the information exchange platform the suppliers used in the alleged scheme. Opis is owned by Dow Jones. The complaint, filed in the U.S. District Court for the Northern District of Illinois, claims that over a two-to-three-year span, the companies’ scheme artificially raised the price of municipal PVC water pipes for public water systems nationwide by as much as 500%. According to Elizabeth Fegan, managing partner of FeganScott and one of the attorneys leading the suit, the defendants’ use of the Opis data allowed them to set a price floor for their products, strangling the chance for competition to correctly set the price. Fegan noted that this is not the first time Opis has been involved in antitrust litigation. According to the suit, Opis was the subject of a 2020 lawsuit brought by the California Attorney General and two energy companies for illegally driving up regular and premium gasoline prices. That case was settled in 2024 for $50 million. The lawsuit seeks to represent local public water systems and municipal wastewater collection and treatment authorities nationwide that purchased PVC pipes manufactured by the defendants. Ankündigung • Oct 24
Atkore Inc. to Report Q4, 2024 Results on Nov 21, 2024 Atkore Inc. announced that they will report Q4, 2024 results Pre-Market on Nov 21, 2024 Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to Mex$1,845, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Electrical industry globally. Total returns to shareholders of 2.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,273 per share. Board Change • Sep 04
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Barbara Edwards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 01
Atkore Inc. Declares Quarterly Dividend, Payable on August 30, 2024 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.32 per share of common stock payable on August 30, 2024, to stockholders of record on August 20, 2024. Ankündigung • Jul 16
Atkore Inc. to Report Q3, 2024 Results on Aug 06, 2024 Atkore Inc. announced that they will report Q3, 2024 results Pre-Market on Aug 06, 2024 Board Change • May 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director B. Edwards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 03
Atkore Inc. Declares Quarterly Cash Dividend, Payable on May 31, 2024 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.32 per share of common stock payable on May 31, 2024, to stockholders of record on May 21, 2024. Ankündigung • Apr 16
Atkore Inc. to Report Q2, 2024 Results on May 07, 2024 Atkore Inc. announced that they will report Q2, 2024 results Pre-Market on May 07, 2024 Reported Earnings • Feb 02
First quarter 2024 earnings released: EPS: US$3.66 (vs US$4.26 in 1Q 2023) First quarter 2024 results: EPS: US$3.66 (down from US$4.26 in 1Q 2023). Revenue: US$798.5m (down 4.2% from 1Q 2023). Net income: US$138.4m (down 19% from 1Q 2023). Profit margin: 17% (down from 21% in 1Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Electrical industry. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jan 31
Atkore Inc. Initiates Quarterly Dividend, Payable on March 15, 2024 The Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.32 per share of common stock payable on March 15, 2024, to stockholders of record on February 27, 2024. Board Change • Jan 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director B. Edwards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 10
Atkore Inc. to Report Q1, 2024 Results on Feb 01, 2024 Atkore Inc. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 01, 2024 Board Change • Dec 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director B. Edwards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Ankündigung • Nov 18
Atkore Inc. Provides Earnings Guidance for the Year 2024 Atkore Inc. provided earnings guidance for the year 2024. Full-year 2024 net sales expected to be in the range of $3.50 billion to $3.65 billion. Reported Earnings • Nov 18
Full year 2023 earnings released: EPS: US$17.51 (vs US$20.56 in FY 2022) Full year 2023 results: EPS: US$17.51 (down from US$20.56 in FY 2022). Revenue: US$3.52b (down 10% from FY 2022). Net income: US$689.9m (down 23% from FY 2022). Profit margin: 20% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Global Electrical industry. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Oct 20
Atkore Inc. to Report Fiscal Year 2023 Results on Nov 17, 2023 Atkore Inc. announced that they will report fiscal year 2023 results Pre-Market on Nov 17, 2023 Ankündigung • Jul 21
Atkore Inc. to Report Q3, 2023 Results on Aug 08, 2023 Atkore Inc. announced that they will report Q3, 2023 results Pre-Market on Aug 08, 2023 Reported Earnings • May 11
Second quarter 2023 earnings released: EPS: US$4.37 (vs US$5.14 in 2Q 2022) Second quarter 2023 results: EPS: US$4.37 (down from US$5.14 in 2Q 2022). Revenue: US$895.9m (down 8.8% from 2Q 2022). Net income: US$174.2m (down 24% from 2Q 2022). Profit margin: 19% (down from 23% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Global Electrical industry. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 62% per year. Recent Insider Transactions • Mar 04
President of Electrical recently sold Mex$13m worth of stock On the 1st of March, John Pregenzer sold around 5k shares on-market at roughly Mex$2,720 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$76m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$2,700, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Electrical industry globally. Total returns to shareholders of 258% over the past three years. Recent Insider Transactions • Feb 09
Independent Director recently sold Mex$11m worth of stock On the 3rd of February, Justin Kershaw sold around 4k shares on-market at roughly Mex$2,619 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$188m more than they bought in the last 12 months. Ankündigung • Feb 02
Atkore Inc. Appoints B. Joanne Edwards to the Nominating & Governance Committee and the Human Resources & Compensation Committee On January 27, 2023, the Board of Atkore Inc., upon the recommendation of the Nominating and Governance Committee of the Board, named B. Joanne Edwards to the Nominating & Governance Committee and the Human Resources & Compensation Committee, effective February 1, 2023. Reported Earnings • Feb 02
First quarter 2023 earnings released: EPS: US$4.26 (vs US$4.38 in 1Q 2022) First quarter 2023 results: EPS: US$4.26 (down from US$4.38 in 1Q 2022). Revenue: US$833.8m (flat on 1Q 2022). Net income: US$173.5m (down 14% from 1Q 2022). Profit margin: 21% (down from 24% in 1Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 17% growth forecast for the Global Electrical industry. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Board Change • Jan 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 12
Atkore Inc. to Report Q1, 2023 Results on Feb 01, 2023 Atkore Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 01, 2023 Board Change • Dec 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 29
Atkore Inc., Annual General Meeting, Jan 27, 2023 Atkore Inc., Annual General Meeting, Jan 27, 2023. Agenda: To consider the executive changes. Board Change • Dec 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Aug 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be Mex$2,274, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 75%. Revenue is forecast to decline by 7.2% in 2 years. Earnings is forecast to decline by 46% in the next 2 years. Reported Earnings • Aug 03
Third quarter 2022 earnings released: EPS: US$5.81 (vs US$3.69 in 3Q 2021) Third quarter 2022 results: EPS: US$5.81 (up from US$3.69 in 3Q 2021). Revenue: US$1.06b (up 24% from 3Q 2021). Net income: US$254.3m (up 48% from 3Q 2021). Profit margin: 24% (up from 20% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.5% compared to a 38% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Board Change • Jul 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 23% share price decline to Mex$1,795, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Electrical industry globally. Total returns to shareholders of 268% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,487 per share. Buying Opportunity • Jun 14
Now 30% undervalued after recent price drop Over the last 90 days, the stock is down 4.9%. The fair value is estimated to be Mex$2,825, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 72%. Revenue is forecast to decline by 1.2% in 2 years. Earnings is forecast to decline by 37% in the next 2 years. Recent Insider Transactions • Jun 08
President recently sold Mex$46m worth of stock On the 6th of June, William Waltz sold around 20k shares on-market at roughly Mex$2,324 per share. This was the largest sale by an insider in the last 3 months. William has been a seller over the last 12 months, reducing personal holdings by Mex$225m. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 07
Insider recently sold Mex$1.9m worth of stock On the 6th of May, Mark Lamps sold around 845 shares on-market at roughly Mex$2,282 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$80m. Insiders have been net sellers, collectively disposing of Mex$258m more than they bought in the last 12 months. Reported Earnings • May 03
Second quarter 2022 earnings released: EPS: US$5.14 (vs US$2.62 in 2Q 2021) Second quarter 2022 results: EPS: US$5.14 (up from US$2.62 in 2Q 2021). Revenue: US$982.6m (up 54% from 2Q 2021). Net income: US$233.5m (up 91% from 2Q 2021). Profit margin: 24% (up from 19% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 15% compared to a 29% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 73% per year whereas the company’s share price has increased by 72% per year. Board Change • May 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 05
Insider recently sold Mex$7.6m worth of stock On the 28th of February, Daniel Kelly sold around 4k shares on-market at roughly Mex$2,105 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$80m. Insiders have been net sellers, collectively disposing of Mex$258m more than they bought in the last 12 months. Recent Insider Transactions • Feb 14
President recently sold Mex$80m worth of stock On the 10th of February, William Waltz sold around 33k shares on-market at roughly Mex$2,415 per share. This was the largest sale by an insider in the last 3 months. William has been a seller over the last 12 months, reducing personal holdings by Mex$179m. Reported Earnings • Feb 01
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: US$4.38 (up from US$1.78 in 1Q 2021). Revenue: US$840.8m (up 65% from 1Q 2021). Net income: US$204.8m (up 146% from 1Q 2021). Profit margin: 24% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.4%. Over the next year, revenue is expected to shrink by 5.7% compared to a 55% growth forecast for the industry in Mexico. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 29
Independent Director recently sold Mex$8.2m worth of stock On the 23rd of November, William VanArsdale sold around 3k shares on-market at roughly Mex$2,440 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$144m more than they bought in the last 12 months. Reported Earnings • Nov 20
Full year 2021 earnings released: EPS US$12.38 (vs US$3.15 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$2.93b (up 66% from FY 2020). Net income: US$587.9m (up 295% from FY 2020). Profit margin: 20% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Board Change • Nov 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. President, CEO & Director Bill Waltz was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 26
President recently sold Mex$99m worth of stock On the 24th of August, William Waltz sold around 55k shares on-market at roughly Mex$1,809 per share. This was the largest sale by an insider in the last 3 months. This was William's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 22% share price gain to US$1,804, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the Electrical industry globally. Total returns to shareholders of 167% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,812 per share. 
