DB:ATO

Stock Analysis Report

ATS Automation Tooling Systems

Executive Summary

ATS Automation Tooling Systems Inc. provides factory automation solutions worldwide.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Share Price & News

How has ATS Automation Tooling Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.5%

DB:ATO

2.6%

DE Machinery

2.6%

DE Market


1 Year Return

-11.2%

DB:ATO

-34.4%

DE Machinery

-9.6%

DE Market

ATO outperformed the Machinery industry which returned -34.4% over the past year.

ATO underperformed the Market in Germany which returned -9.6% over the past year.


Share holder returns

ATOIndustryMarket
7 Day-3.5%2.6%2.6%
30 Day-11.7%-5.7%-3.0%
90 Day-8.1%-13.8%-1.4%
1 Year-11.2%-11.2%-32.2%-34.4%-6.8%-9.6%
3 Year79.0%79.0%-22.5%-28.0%11.0%1.5%
5 Year35.0%35.0%3.7%-8.0%25.6%8.2%

Price Volatility Vs. Market

How volatile is ATS Automation Tooling Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is ATS Automation Tooling Systems undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

ATS Automation Tooling Systems's share price is below the future cash flow value, and at a moderate discount (> 20%).

ATS Automation Tooling Systems's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

ATS Automation Tooling Systems is overvalued based on earnings compared to the DE Machinery industry average.

ATS Automation Tooling Systems is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

ATS Automation Tooling Systems is poor value based on expected growth next year.


Price Based on Value of Assets

ATS Automation Tooling Systems is overvalued based on assets compared to the DE Machinery industry average.


Next Steps

Future Growth

How is ATS Automation Tooling Systems expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

11.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

ATS Automation Tooling Systems's revenue is expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).

ATS Automation Tooling Systems's earnings are expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).

ATS Automation Tooling Systems's revenue growth is expected to exceed the Germany market average.

ATS Automation Tooling Systems's earnings growth is positive but not above the Germany market average.

ATS Automation Tooling Systems's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if ATS Automation Tooling Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has ATS Automation Tooling Systems performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ATS Automation Tooling Systems's year on year earnings growth rate has been positive over the past 5 years.

ATS Automation Tooling Systems's 1-year earnings growth exceeds its 5-year average (34.8% vs 8.6%)

ATS Automation Tooling Systems's earnings growth has exceeded the DE Machinery industry average in the past year (34.8% vs -11.8%).


Return on Equity

ATS Automation Tooling Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

ATS Automation Tooling Systems used its assets more efficiently than the DE Machinery industry average last year based on Return on Assets.


Return on Capital Employed

ATS Automation Tooling Systems's use of capital has not improved over the past 3 years (Return on Capital Employed).


Next Steps

Financial Health

How is ATS Automation Tooling Systems's financial position?


Financial Position Analysis

ATS Automation Tooling Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

ATS Automation Tooling Systems's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

ATS Automation Tooling Systems's level of debt (41.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (2.7% vs 41.4% today).

Debt is well covered by operating cash flow (26.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.2x debt.


Next Steps

Dividend

What is ATS Automation Tooling Systems's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate ATS Automation Tooling Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate ATS Automation Tooling Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as ATS Automation Tooling Systems has not reported any payouts.

Unable to verify if ATS Automation Tooling Systems's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ATS Automation Tooling Systems has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of ATS Automation Tooling Systems's salary, the management and board of directors tenure and is there insider trading?

7.0yrs

Average management tenure


CEO

Andrew Hider (42yo)

2.4yrs

Tenure

CA$5,132,100

Compensation

Mr. Andrew P. Hider has been the Chief Executive Officer of ATS Automation Tooling Systems Inc. since March 6, 2017. Mr. Hider has been Vice President and General Manager of Anderson Instrument Co., Inc. s ...


CEO Compensation Analysis

Andrew's remuneration is higher than average for companies of similar size in Germany.

Andrew's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.0yrs

Average Tenure

52yo

Average Age

The average tenure for the ATS Automation Tooling Systems management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.0yrs

Average Tenure

55yo

Average Age

The average tenure for the ATS Automation Tooling Systems board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$2,256,54421 Dec 18
Mason Capital Management, LLC
EntityCompany
Shares250,000
Max PriceCA$9.10
BuyCA$212,78121 Nov 18
Mason Capital Management, LLC
EntityCompany
Shares19,000
Max PriceCA$11.36
BuyCA$337,05020 Nov 18
Mason Capital Management, LLC
EntityCompany
Shares30,000
Max PriceCA$11.24
BuyCA$331,39818 Nov 18
Mason Capital Management, LLC
EntityCompany
Shares28,500
Max PriceCA$11.67
BuyCA$11,97814 Nov 18
Joanne Ferstman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceCA$11.98
BuyCA$24,09613 Nov 18
Joanne Ferstman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,000
Max PriceCA$12.05
BuyCA$1,840,54311 Nov 18
Mason Capital Management, LLC
EntityCompany
Shares154,600
Max PriceCA$11.92
BuyCA$23,76911 Nov 18
Joanne Ferstman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,000
Max PriceCA$11.88

Ownership Breakdown


Management Team

  • James Kopperson (52yo)

    Chief Financial Officer of Solar Group

    • Tenure: 13.6yrs
  • Stewart McCuaig (56yo)

    Corporate VP

    • Tenure: 0.0yrs
    • Compensation: CA$899.70k
  • Maria Perrella

    Chief Financial Officer

    • Tenure: 11.5yrs
    • Compensation: CA$1.88m
  • Andrew Hider (42yo)

    CEO & Director

    • Tenure: 2.4yrs
    • Compensation: CA$5.13m
  • Christian Debus

    President of Process Automation Solutions

    • Tenure: 0.0yrs
  • Simon Roberts

    Senior Vice President of Global After Sales Service

    • Tenure: 0.0yrs
    • Compensation: CA$788.70k
  • Chris Hart

    President of Life Sciences

    • Tenure: 0.0yrs
    • Compensation: CA$753.10k
  • Sonya Mehan

    Director of Investor Relations & Corporate Communications

    • Tenure: 0.0yrs
  • Angella Alexander

    Chief Human Resources Officer

    • Tenure: 0.8yrs
    • Compensation: CA$936.20k
  • Joe Metri

    Chief Information Officer

    • Tenure: 0.0yrs

Board Members

  • David McAusland (65yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: CA$289.76k
  • Neil Arnold (70yo)

    Independent Director

    • Tenure: 11.9yrs
    • Compensation: CA$227.35k
  • Joanne Ferstman (51yo)

    Independent Director

    • Tenure: 1.0yrs
    • Compensation: CA$130.70k
  • Michael Martino (55yo)

    Independent Director

    • Tenure: 11.9yrs
  • Phil Whitehead (67yo)

    Independent Director

    • Tenure: 1.0yrs
    • Compensation: CA$134.80k
  • Kirsten Lange (52yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: CA$201.09k
  • Andrew Hider (42yo)

    CEO & Director

    • Tenure: 2.4yrs
    • Compensation: CA$5.13m

Company Information

ATS Automation Tooling Systems Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ATS Automation Tooling Systems Inc.
  • Ticker: ATO
  • Exchange: DB
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CA$1.715b
  • Listing Market Cap: CA$1.163b
  • Shares outstanding: 91.98m
  • Website: https://www.atsautomation.com

Number of Employees


Location

  • ATS Automation Tooling Systems Inc.
  • 730 Fountain Street North
  • Building #2
  • Cambridge
  • Ontario
  • N3H 4R7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATATSX (The Toronto Stock Exchange)YesCommon SharesCACADDec 1993
ATODB (Deutsche Boerse AG)YesCommon SharesDEEURDec 1993
ATSA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 1993

Biography

ATS Automation Tooling Systems Inc. provides factory automation solutions worldwide. The company is also involved in the planning, designing, building, commissioning, and servicing automated manufacturing  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 20:33
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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 here.