OTCPK:ATSA.F

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ATS Automation Tooling Systems

Executive Summary

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


Snowflake Analysis

Good value with moderate growth potential.

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

Stable Share Price: ATSA.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-7.3%

ATSA.F

-5.1%

US Machinery

-2.4%

US Market


1 Year Return

-7.3%

ATSA.F

8.2%

US Machinery

12.0%

US Market

Return vs Industry: ATSA.F underperformed the US Machinery industry which returned 7.6% over the past year.

Return vs Market: ATSA.F underperformed the US Market which returned 10.9% over the past year.


Shareholder returns

ATSA.FIndustryMarket
7 Day-7.3%-5.1%-2.4%
30 Day-10.7%-3.5%-6.5%
90 Day-7.5%13.3%8.4%
1 Year-7.3%-7.3%10.2%8.2%14.5%12.0%
3 Year28.3%28.3%17.6%10.0%34.8%25.8%
5 Year25.3%25.3%98.1%75.9%82.1%61.6%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATSA.F ($12.69) is trading below our estimate of fair value ($36.55)

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


Price To Earnings Ratio

PE vs Industry: ATSA.F is poor value based on its PE Ratio (33.8x) compared to the US Machinery industry average (23.8x).

PE vs Market: ATSA.F is poor value based on its PE Ratio (33.8x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: ATSA.F is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: ATSA.F is good value based on its PB Ratio (1.8x) compared to the US Machinery industry average (2.1x).


Next Steps

Future Growth

How is ATS Automation Tooling Systems forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

44.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATSA.F's forecast earnings growth (44.7% per year) is above the savings rate (2.2%).

Earnings vs Market: ATSA.F's earnings (44.7% per year) are forecast to grow faster than the US market (23% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ATSA.F's revenue (4.9% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ATSA.F'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: Insufficient data to determine if ATSA.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

11.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATSA.F has a large one-off loss of CA$20.6M impacting its June 28 2020 financial results.

Growing Profit Margin: ATSA.F's current net profit margins (3.3%) are lower than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: ATSA.F's earnings have grown by 11% per year over the past 5 years.

Accelerating Growth: ATSA.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATSA.F had negative earnings growth (-34.5%) over the past year, making it difficult to compare to the Machinery industry average (-12.7%).


Return on Equity

High ROE: ATSA.F's Return on Equity (5.3%) is considered low.


Next Steps

Financial Health

How is ATS Automation Tooling Systems's financial position?


Financial Position Analysis

Short Term Liabilities: ATSA.F's short term assets (CA$1.0B) exceed its short term liabilities (CA$456.7M).

Long Term Liabilities: ATSA.F's short term assets (CA$1.0B) exceed its long term liabilities (CA$747.7M).


Debt to Equity History and Analysis

Debt Level: ATSA.F's debt to equity ratio (68.1%) is considered high.

Reducing Debt: ATSA.F's debt to equity ratio has increased from 52.1% to 68.1% over the past 5 years.

Debt Coverage: ATSA.F's debt is not well covered by operating cash flow (17.9%).

Interest Coverage: ATSA.F's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ATSA.F'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 ATSA.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATSA.F'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 ATSA.F'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?

2.7yrs

Average management tenure


CEO

Andrew Hider (43 yo)

3.5yrs

Tenure

CA$4,033,700

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

Compensation vs Market: Andrew's total compensation ($USD3.01M) is about average for companies of similar size in the US market ($USD3.07M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Hider
CEO & Director3.5yrsCA$4.03m0.11%
CA$ 1.3m
Angella Alexander
Chief Human Resources Officer1.92yrsCA$811.90kno data
Simon Roberts
Senior Vice President of Global After Sales Serviceno dataCA$768.90kno data
Christian Debus
President of Process Automation Solutionsno dataCA$791.40kno data
Ryan McLeod
Interim CFO0.25yrno data0.0029%
CA$ 34.7k
Joe Metri
Chief Information Officerno datano datano data
Sonya Mehan
Director of Investor Relations & Corporate Communicationsno datano datano data
Stewart McCuaig
Corporate VPno dataCA$899.70k0.013%
CA$ 154.8k
James Kopperson
Chief Financial Officer of Solar Group14.67yrsno datano data
Chris Hart
President of Life Sciencesno dataCA$753.10kno data
Udo Panenka
President of Mobilityno datano datano data
Svend Weidemann
Managing Director of IWKno datano datano data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Management: ATSA.F's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Hider
CEO & Director3.5yrsCA$4.03m0.11%
CA$ 1.3m
David McAusland
Independent Chairman of the Boardno dataCA$309.10k0.011%
CA$ 128.7k
Joanne Ferstman
Independent Director2.08yrsCA$215.02k0.0054%
CA$ 64.4k
Michael Martino
Independent Director13yrsno data0.39%
CA$ 4.7m
Philip Whitehead
Independent Director2.08yrsCA$220.84kno data
Kirsten Lange
Independent Director2.92yrsCA$215.02kno data
David Cummings
Independent Director0.083yrno datano data

2.5yrs

Average Tenure

54yo

Average Age

Experienced Board: ATSA.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

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: ATSA.F
  • Exchange: OTCPK
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CA$1.583b
  • Listing Market Cap: CA$1.190b
  • Shares outstanding: 92.41m
  • 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 Analysis2020/09/26 06:18
End of Day Share Price2020/09/25 00:00
Earnings2020/06/28
Annual Earnings2020/03/31


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.