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ATS CorporationTSX:ATS Stock Report

Market Cap CA$4.4b
Share Price
CA$45.42
CA$49.11
7.5% undervalued intrinsic discount
1Y27.0%
7D2.1%
Portfolio Value
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ATS Corporation

TSX:ATS Stock Report

Market Cap: CA$4.4b

ATS Community Fair Values

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See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

ATS Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for ATS
Historical stock prices
Current Share PriceCA$45.42
52 Week HighCA$49.02
52 Week LowCA$33.72
Beta1.27
1 Month Change0.98%
3 Month Change1.09%
1 Year Change26.98%
3 Year Change-23.64%
5 Year Change53.91%
Change since IPO1,891.01%

Recent News & Updates

Narrative Update Apr 25

ATS: Future P/E Will Reflect Execution On M&A And Revenue Guidance

The average analyst price target for ATS has been trimmed by a few dollars to CA$49.11. The modest shift reflects mixed Street updates, as some analysts lowered their targets while others raised theirs, based on their latest views on the company and its valuation inputs such as discount rate and P/E assumptions.
Narrative Update Apr 11

ATS: Future P/E Will Reward Execution On M&A And New Leadership

The ATS analyst price target has inched lower by about CA$0.10 as analysts balance recent target cuts from Goldman Sachs and Scotiabank with increases from TD Securities and JPMorgan. This reflects slightly adjusted assumptions for fair value, discount rate, growth, margins and future P/E.
Narrative Update Mar 27

ATS: Future P/E Will Reflect Execution On M&A And Leadership Changes

Analysts have modestly adjusted their view on ATS, with the average price target moving by CA$2 as recent research from multiple banks reflects updated assumptions for discount rates, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts are comfortable nudging price targets higher by about CA$2, where they see room for ATS to support updated P/E assumptions through execution on its current plan rather than needing a step change in performance.

Recent updates

Narrative Update Apr 25

ATS: Future P/E Will Reflect Execution On M&A And Revenue Guidance

The average analyst price target for ATS has been trimmed by a few dollars to CA$49.11. The modest shift reflects mixed Street updates, as some analysts lowered their targets while others raised theirs, based on their latest views on the company and its valuation inputs such as discount rate and P/E assumptions.
Narrative Update Apr 11

ATS: Future P/E Will Reward Execution On M&A And New Leadership

The ATS analyst price target has inched lower by about CA$0.10 as analysts balance recent target cuts from Goldman Sachs and Scotiabank with increases from TD Securities and JPMorgan. This reflects slightly adjusted assumptions for fair value, discount rate, growth, margins and future P/E.
Narrative Update Mar 27

ATS: Future P/E Will Reflect Execution On M&A And Leadership Changes

Analysts have modestly adjusted their view on ATS, with the average price target moving by CA$2 as recent research from multiple banks reflects updated assumptions for discount rates, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts are comfortable nudging price targets higher by about CA$2, where they see room for ATS to support updated P/E assumptions through execution on its current plan rather than needing a step change in performance.
Narrative Update Mar 13

ATS: Future P/E Will Reflect Execution On Buybacks And New Leadership

Analysts have made only a slight adjustment to their CA$ price targets on ATS, with modest moves up and down reflecting fine tuning of assumptions such as discount rate, revenue growth, profit margins, and future P/E, rather than a shift in the overall outlook. Analyst Commentary Recent price target tweaks on ATS have been small, but they still reveal how analysts are thinking about the balance between growth opportunities, execution risks, and what investors are willing to pay for the shares.
Narrative Update Feb 25

ATS: Future P/E Will Reflect Execution, Buybacks And Leadership Transition

Narrative Update on ATS The analyst price target for ATS has recently fluctuated by about CA$2, as analysts adjusted their outlook based on refined discount rate and P/E assumptions while considering mixed target changes from Scotiabank, TD Securities, and JPMorgan. Analyst Commentary Recent research on ATS reflects a split view, with some analysts adjusting targets higher and others trimming them by about CA$2.
Narrative Update Feb 10

ATS: Future P/E Rerating Will Reflect Execution On Order Backlog

The analyst price target for ATS has shifted slightly, with our fair value estimate moving by about $0.21 to reflect updated views on the discount rate, revenue growth, profit margins, and a modestly higher future P/E multiple, in line with recent mixed price target revisions from banks such as Scotiabank, TD Securities, and JPMorgan. Analyst Commentary Recent price target changes around ATS send a mixed but useful signal if you are trying to frame risk and reward.
Narrative Update Jan 27

ATS: Higher Future P/E Assumptions Will Support Margin Expansion Potential

Analysts have nudged their price targets on ATS higher by about $2, citing recent target increases from multiple firms, updated assumptions around growth and profitability, and expectations for a higher future P/E multiple. Analyst Commentary Recent research updates on ATS show a mix of cautious optimism and valuation discipline, with several firms revisiting their models and price targets in light of updated growth and profitability assumptions.
Analysis Article Jan 06

When Should You Buy ATS Corporation (TSE:ATS)?

While ATS Corporation ( TSE:ATS ) might not have the largest market cap around , it saw a decent share price growth of...
Narrative Update Dec 15

ATS: Upgraded Rating Will Support Margin Expansion And Upside Potential

Analysts have raised their price target on ATS Corporation from C$47.80 to C$49.05, citing a more favorable profit margin outlook and a recent upgrade to Outperform, which offsets slightly lower revenue growth expectations. Analyst Commentary Analyst sentiment around ATS remains broadly constructive, with recent rating and target price changes reflecting a more favorable view of the company’s ability to execute on its growth strategy while improving profitability.
Analysis Article Nov 29

A Look At The Fair Value Of ATS Corporation (TSE:ATS)

Key Insights Using the 2 Stage Free Cash Flow to Equity, ATS fair value estimate is CA$36.51 ATS' CA$35.93 share price...
Analysis Article Nov 08

ATS Corporation (TSE:ATS) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Shareholders might have noticed that ATS Corporation ( TSE:ATS ) filed its second-quarter result this time last week...
Narrative Update Sep 04

North American Automation And Life Sciences Will Create Future Opportunities

With no change in both the Future P/E (9.94x) and Discount Rate (7.92%), the consensus analyst price target for ATS also remained steady at CA$47.80. What's in the News ATS issued Q2 FY26 revenue guidance of $700 million to $740 million.
Analysis Article Jun 27

Does ATS (TSE:ATS) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 15

Investors Interested In ATS Corporation's (TSE:ATS) Earnings

ATS Corporation's ( TSE:ATS ) price-to-earnings (or "P/E") ratio of 38x might make it look like a strong sell right now...
Analysis Article Mar 25

What Is ATS Corporation's (TSE:ATS) Share Price Doing?

ATS Corporation ( TSE:ATS ), might not be a large cap stock, but it saw a decent share price growth of 10% on the TSX...
Analysis Article Mar 01

ATS (TSE:ATS) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
User avatar
New Narrative Dec 30

SuperTrak HORIZON3 And Recent Acquisitions To Drive Growth And Expand Margins

Strategic acquisitions and innovation in Life Sciences and Food & Beverage are set to enhance revenues and expand margins.
Analysis Article Dec 23

What ATS Corporation's (TSE:ATS) P/E Is Not Telling You

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 13x, you may consider ATS...
Analysis Article Dec 05

Is It Too Late To Consider Buying ATS Corporation (TSE:ATS)?

ATS Corporation ( TSE:ATS ), is not the largest company out there, but it saw a significant share price rise of 33% in...
Analysis Article Nov 14

Investors Can Find Comfort In ATS' (TSE:ATS) Earnings Quality

The most recent earnings report from ATS Corporation ( TSE:ATS ) was disappointing for shareholders. While the headline...
Analysis Article Nov 09

An Intrinsic Calculation For ATS Corporation (TSE:ATS) Suggests It's 25% Undervalued

Key Insights ATS' estimated fair value is CA$53.66 based on 2 Stage Free Cash Flow to Equity ATS is estimated to be 25...
Analysis Article Oct 22

With EPS Growth And More, ATS (TSE:ATS) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 13

ATS Corporation's (TSE:ATS) Shareholders Might Be Looking For Exit

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 15x, you may consider ATS...
Analysis Article Aug 26

Is There Now An Opportunity In ATS Corporation (TSE:ATS)?

ATS Corporation ( TSE:ATS ), is not the largest company out there, but it saw significant share price movement during...
Analysis Article Jul 02

Estimating The Intrinsic Value Of ATS Corporation (TSE:ATS)

Key Insights The projected fair value for ATS is CA$46.96 based on 2 Stage Free Cash Flow to Equity With CA$44.27 share...
Analysis Article Jun 18

Here's Why We Think ATS (TSE:ATS) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jun 05

These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 12

Is Now The Time To Look At Buying ATS Corporation (TSE:ATS)?

ATS Corporation ( TSE:ATS ), is not the largest company out there, but it saw a double-digit share price rise of over...
Analysis Article Mar 13

Here's Why We Think ATS (TSE:ATS) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Feb 29

Calculating The Fair Value Of ATS Corporation (TSE:ATS)

Key Insights Using the 2 Stage Free Cash Flow to Equity, ATS fair value estimate is CA$49.35 With CA$51.82 share price...
Analysis Article Feb 14

ATS' (TSE:ATS) Earnings Are Of Questionable Quality

Despite announcing strong earnings, ATS Corporation's ( TSE:ATS ) stock was sluggish. Our analysis uncovered some...
Analysis Article Feb 10

ATS Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Last week, you might have seen that ATS Corporation ( TSE:ATS ) released its third-quarter result to the market. The...
Analysis Article Feb 05

Investors Appear Satisfied With ATS Corporation's (TSE:ATS) Prospects

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 13x, you may consider ATS...
Analysis Article Jan 03

ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 17

What Does ATS Corporation's (TSE:ATS) Share Price Indicate?

While ATS Corporation ( TSE:ATS ) might not be the most widely known stock at the moment, it received a lot of...
Analysis Article Dec 02

If EPS Growth Is Important To You, ATS (TSE:ATS) Presents An Opportunity

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 12

ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ATSCA MachineryCA Market
7D2.1%-1.8%-0.2%
1Y27.0%19.8%32.6%

Return vs Industry: ATS exceeded the Canadian Machinery industry which returned 19.8% over the past year.

Return vs Market: ATS underperformed the Canadian Market which returned 32.6% over the past year.

Price Volatility

Is ATS's price volatile compared to industry and market?
ATS volatility
ATS Average Weekly Movement6.1%
Machinery Industry Average Movement6.8%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: ATS has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ATS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19787,500Doug Wrightwww.atsautomation.com

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. It also offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post-automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.

ATS Corporation Fundamentals Summary

How do ATS's earnings and revenue compare to its market cap?
ATS fundamental statistics
Market capCA$4.35b
Earnings (TTM)CA$18.88m
Revenue (TTM)CA$2.80b
236.0x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ATS income statement (TTM)
RevenueCA$2.80b
Cost of RevenueCA$2.07b
Gross ProfitCA$729.36m
Other ExpensesCA$710.47m
EarningsCA$18.88m

Last Reported Earnings

Dec 28, 2025

Next Earnings Date

May 28, 2026

Earnings per share (EPS)0.19
Gross Margin26.05%
Net Profit Margin0.67%
Debt/Equity Ratio78.2%

How did ATS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 21:51
End of Day Share Price 2026/05/21 00:00
Earnings2025/12/28
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ATS Corporation is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David OcampoATB Cormark Historical (Cormark Securities)
David TyermanCanaccord Genuity
Neil LinsdellCantor Fitzgerald Canada Corporation