Atlas Corp. operates as an asset manager and operator. More Details
Average dividend payer and fair value.
Share Price & News
How has Atlas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATCO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ATCO's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ATCO exceeded the US Shipping industry which returned 108.1% over the past year.
Return vs Market: ATCO exceeded the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Atlas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes It Make Sense To Buy Atlas Corp. (NYSE:ATCO) For Its Yield?
3 weeks ago | Simply Wall StDid You Participate In Any Of Atlas' (NYSE:ATCO) Fantastic 143% Return ?
1 month ago | Simply Wall StIs There Now An Opportunity In Atlas Corp. (NYSE:ATCO)?
Is Atlas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATCO ($14.05) is trading below our estimate of fair value ($42.57)
Significantly Below Fair Value: ATCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATCO is poor value based on its PE Ratio (20.2x) compared to the US Shipping industry average (13.5x).
PE vs Market: ATCO is good value based on its PE Ratio (20.2x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: ATCO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ATCO's PB Ratio (0.9x) is in line with the US Shipping industry average.
How is Atlas forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATCO's earnings are forecast to decline over the next 3 years (-10.2% per year).
Earnings vs Market: ATCO's earnings are forecast to decline over the next 3 years (-10.2% per year).
High Growth Earnings: ATCO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ATCO's revenue (8.6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: ATCO's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATCO's Return on Equity is forecast to be low in 3 years time (3.3%).
How has Atlas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATCO has a large one-off loss of $154.9M impacting its March 31 2021 financial results.
Growing Profit Margin: ATCO's current net profit margins (11.5%) are lower than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: ATCO's earnings have grown significantly by 35% per year over the past 5 years.
Accelerating Growth: ATCO's earnings growth over the past year (25.9%) is below its 5-year average (35% per year).
Earnings vs Industry: ATCO earnings growth over the past year (25.9%) exceeded the Shipping industry 20.6%.
Return on Equity
High ROE: ATCO's Return on Equity (6.5%) is considered low.
How is Atlas's financial position?
Financial Position Analysis
Short Term Liabilities: ATCO's short term assets ($623.4M) do not cover its short term liabilities ($859.8M).
Long Term Liabilities: ATCO's short term assets ($623.4M) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: ATCO's debt to equity ratio (100.1%) is considered high.
Reducing Debt: ATCO's debt to equity ratio has reduced from 175.4% to 100.1% over the past 5 years.
Debt Coverage: ATCO's debt is well covered by operating cash flow (20.2%).
Interest Coverage: ATCO's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is Atlas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATCO's dividend (3.56%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: ATCO's dividend (3.56%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: ATCO's dividends per share have been stable in the past 10 years.
Growing Dividend: ATCO's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.9%), ATCO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bing Chen (53 yo)
Mr. Bing Chen, C.P.A, has been President, Chief Executive Officer and Director of Atlas Corp. since November 2019 and has been its Chairman since February 2020. He served as an Interim Chief Financial Offi...
Experienced Management: ATCO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: ATCO's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Atlas Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Atlas Corp.
- Ticker: ATCO
- Exchange: NYSE
- Founded: 2019
- Industry: Marine
- Sector: Transportation
- Market Cap: US$3.461b
- Shares outstanding: 246.32m
- Website: https://www.atlascorporation.com
Number of Employees
- Atlas Corp.
- 23 Berkeley Square
- Greater London
- W1J 6HE
- United Kingdom
Atlas Corp. operates as an asset manager and operator. The company, through its subsidiaries, operates as an independent charter owner and manager of containerships. The company charters its containerships...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 22:51|
|End of Day Share Price||2021/05/06 00:00|
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.