Atmus Filtration Technologies Inc.

NYSE:ATMU Stock Report

Market Cap: US$3.6b

Atmus Filtration Technologies Valuation

Is ATMU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ATMU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ATMU ($43.02) is trading below our estimate of fair value ($47.25)

Significantly Below Fair Value: ATMU is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATMU?

Key metric: As ATMU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ATMU. This is calculated by dividing ATMU's market cap by their current earnings.
What is ATMU's PE Ratio?
PE Ratio19.8x
EarningsUS$180.30m
Market CapUS$3.57b

Price to Earnings Ratio vs Peers

How does ATMU's PE Ratio compare to its peers?

The above table shows the PE ratio for ATMU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
TEX Terex
7.4x1.2%US$3.5b
FSS Federal Signal
26.2x7.5%US$5.5b
TRN Trinity Industries
16.5x1.7%US$3.1b
OSK Oshkosh
10.3x7.2%US$7.1b
ATMU Atmus Filtration Technologies
19.8x11.7%US$3.6b

Price-To-Earnings vs Peers: ATMU is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does ATMU's PE Ratio compare vs other companies in the US Machinery Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AIRJ AirJoule Technologies
1.8xn/aUS$408.84m
CVGI Commercial Vehicle Group
2.8x-46.6%US$78.29m
FATH Fathom Digital Manufacturing
2.6xn/aUS$35.24m
ZEVY Lightning eMotors
n/an/aUS$6.00
No more companies available in this PE range
ATMU 19.8xIndustry Avg. 24.2xNo. of Companies9PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ATMU is good value based on its Price-To-Earnings Ratio (19.8x) compared to the US Machinery industry average (24.2x).

Price to Earnings Ratio vs Fair Ratio

What is ATMU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATMU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.8x
Fair PE Ratio20x

Price-To-Earnings vs Fair Ratio: ATMU is good value based on its Price-To-Earnings Ratio (19.8x) compared to the estimated Fair Price-To-Earnings Ratio (20x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ATMU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$43.02
US$46.86
+8.9%
8.0%US$51.00US$39.00n/a7
Nov ’25US$39.00
US$42.14
+8.1%
10.3%US$49.00US$35.00n/a7
Oct ’25US$37.11
US$37.86
+2.0%
5.0%US$41.00US$35.00n/a7
Sep ’25US$35.85
US$36.93
+3.0%
4.6%US$39.00US$34.50n/a7
Aug ’25US$29.98
US$35.79
+19.4%
3.0%US$37.00US$34.00n/a7
Jul ’25US$28.08
US$35.93
+28.0%
3.2%US$37.00US$34.00n/a7
Jun ’25US$30.84
US$35.75
+15.9%
3.2%US$37.00US$34.00n/a6
May ’25US$30.17
US$35.75
+18.5%
4.5%US$38.00US$34.00n/a6
Apr ’25US$32.43
US$31.00
-4.4%
9.5%US$36.00US$28.00n/a6
Mar ’25US$23.96
US$28.17
+17.6%
4.8%US$30.00US$26.00n/a6
Feb ’25US$22.50
US$27.50
+22.2%
5.0%US$30.00US$26.00n/a6
Jan ’25US$23.49
US$27.20
+15.8%
6.3%US$30.00US$25.00n/a5
Dec ’24US$22.66
US$25.80
+13.9%
9.6%US$30.00US$23.00n/a5
Nov ’24US$18.50
US$26.80
+44.9%
8.0%US$30.00US$24.00US$39.005
Oct ’24US$20.85
US$27.80
+33.3%
5.8%US$30.00US$26.00US$37.115
Sep ’24US$23.27
US$27.80
+19.5%
5.8%US$30.00US$26.00US$35.855
Aug ’24US$24.29
US$26.20
+7.9%
9.2%US$30.00US$24.00US$29.985
Jul ’24US$21.96
US$26.20
+19.3%
9.2%US$30.00US$24.00US$28.085

Analyst Forecast: Target price is less than 20% higher than the current share price.

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