NYSE:ATKR

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Atkore International Group

Executive Summary

Atkore International Group Inc. manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. More Details


Snowflake Analysis

Good value with proven track record.


Similar Companies

Share Price & News

How has Atkore International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATKR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ATKR's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

6.3%

ATKR

-1.1%

US Electrical

-1.0%

US Market


1 Year Return

17.2%

ATKR

44.9%

US Electrical

19.6%

US Market

Return vs Industry: ATKR underperformed the US Electrical industry which returned 45.2% over the past year.

Return vs Market: ATKR underperformed the US Market which returned 19.6% over the past year.


Shareholder returns

ATKRIndustryMarket
7 Day6.3%-1.1%-1.0%
30 Day14.5%12.7%2.2%
90 Day104.7%26.0%11.5%
1 Year17.2%17.2%47.8%44.9%22.3%19.6%
3 Year123.7%123.7%66.8%57.2%45.3%35.7%
5 Yearn/a136.0%117.6%124.8%99.8%

Long-Term Price Volatility Vs. Market

How volatile is Atkore International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Atkore International Group undervalued compared to its fair value and its price relative to the market?

21.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATKR ($48.73) is trading below our estimate of fair value ($62)

Significantly Below Fair Value: ATKR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATKR is good value based on its PE Ratio (15.5x) compared to the US Electrical industry average (31.9x).

PE vs Market: ATKR is good value based on its PE Ratio (15.5x) compared to the US market (21x).


Price to Earnings Growth Ratio

PEG Ratio: ATKR is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: ATKR is overvalued based on its PB Ratio (6.1x) compared to the US Electrical industry average (4.6x).


Next Steps

Future Growth

How is Atkore International Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATKR's forecast earnings growth (13.6% per year) is above the savings rate (2%).

Earnings vs Market: ATKR's earnings (13.6% per year) are forecast to grow slower than the US market (21.6% per year).

High Growth Earnings: ATKR's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATKR's revenue (4.9% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: ATKR's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATKR's Return on Equity is forecast to be very high in 3 years time (41.2%).


Next Steps

Past Performance

How has Atkore International Group performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATKR has high quality earnings.

Growing Profit Margin: ATKR's current net profit margins (8.4%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: ATKR has become profitable over the past 5 years, growing earnings by 32.9% per year.

Accelerating Growth: ATKR's earnings growth over the past year (10%) is below its 5-year average (32.9% per year).

Earnings vs Industry: ATKR earnings growth over the past year (10%) exceeded the Electrical industry -18.5%.


Return on Equity

High ROE: Whilst ATKR's Return on Equity (40.25%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Atkore International Group's financial position?


Financial Position Analysis

Short Term Liabilities: ATKR's short term assets ($828.7M) exceed its short term liabilities ($276.2M).

Long Term Liabilities: ATKR's short term assets ($828.7M) do not cover its long term liabilities ($903.9M).


Debt to Equity History and Analysis

Debt Level: ATKR's debt to equity ratio (212.4%) is considered high.

Reducing Debt: ATKR's debt to equity ratio has reduced from 415.5% to 212.4% over the past 5 years.

Debt Coverage: ATKR's debt is well covered by operating cash flow (31%).

Interest Coverage: ATKR's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Next Steps

Dividend

What is Atkore International Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ATKR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ATKR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ATKR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATKR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATKR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Bill Waltz (56 yo)

2.25yrs

Tenure

US$3,366,702

Compensation

Mr. William E. Waltz Jr., also known as Bill, serves as Director at Quanex Building Products Corporation since October 07, 2020. He has been the President (since May 08, 2018), Chief Executive Officer and ...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD3.37M) is about average for companies of similar size in the US market ($USD3.89M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Waltz
President2.25yrsUS$3.37m0.34%
$ 7.9m
David Johnson
VP, CFO & Chief Accounting Officer2.42yrsUS$1.48m0.035%
$ 810.5k
Daniel Kelly
VP, General Counsel & Corporate Secretary7.33yrsUS$1.09m0.093%
$ 2.2m
Mark Lamps
Group President of Security & Infrastructure1.83yrsUS$1.04m0.038%
$ 880.9k
Peter Lariviere
President of Cable Solutions5.33yrsUS$1.14m0.074%
$ 1.7m
Michael Clark
Vice President of Operations5yrsno datano data
Lee Paree
Vice President of Information Technologyno datano datano data
John Deitzer
Vice President of Treasury & Investor Relations1.5yrsno datano data
Lisa Winter
Vice President of Corporate Communications8.17yrsno datano data
LeAngela Lowe
Vice President of Global Human Resources1.58yrsno data0.021%
$ 484.1k
John Pregenzer
President of Electrical2.33yrsno data0.023%
$ 533.5k
Melissa Kidd
Senior Vice President of Electrical Raceway Sales1.75yrsno datano data

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: ATKR's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Waltz
President2.25yrsUS$3.37m0.34%
$ 7.9m
Betty Johnson
Independent Director2.42yrsUS$196.68k0.015%
$ 352.7k
Michael Schrock
Independent Chairman of the Board2.42yrsUS$286.68k0.019%
$ 449.2k
Scott Muse
Independent Director5.08yrsUS$196.68k0.026%
$ 600.0k
Jeri Isbell
Independent Director5.08yrsUS$201.68k0.026%
$ 600.0k
William VanArsdale
Independent Director5.08yrsUS$186.68k0.042%
$ 970.8k
A. Zeffiro
Independent Director6yrsUS$196.68k0.026%
$ 600.0k
Wilbert James
Independent Director3.42yrsUS$186.68k0.028%
$ 637.6k
Justin Kershaw
Independent Director3.42yrsUS$186.68k0.028%
$ 637.6k

3.4yrs

Average Tenure

62yo

Average Age

Experienced Board: ATKR's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ATKR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Atkore International Group Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atkore International Group Inc.
  • Ticker: ATKR
  • Exchange: NYSE
  • Founded: 1959
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$2.318b
  • Shares outstanding: 47.56m
  • Website: https://www.atkore.com

Number of Employees


Location

  • Atkore International Group Inc.
  • 16100 South Lathrop Avenue
  • Harvey
  • Illinois
  • 60426
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATKRNYSE (New York Stock Exchange)YesCommon StockUSUSDJun 2016
AOADB (Deutsche Boerse AG)YesCommon StockDEEURJun 2016
ATKR *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJun 2016

Biography

Atkore International Group Inc. manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. The company offers electrica...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 23:03
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.