As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is:
Atkore Inc (NYSE: ATKR)
Atkore is a diversified industrials company and a leading manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
A quick look at the share price history for the company (below) over the past twelve months shows that the price is up 147%. Here’s why the company remains undervalued.
Market Cap: $4.97 Billion
Enterprise Value: $5.19 Billion
Operating Earnings: $799 Million
Acquirer’s Multiple: 6.49
Free Cash Flow (TTM)
Free Cash Flow: $508 Million
FCF/EV Yield: 10%
Piotroski F-Score: 7
Altman Z-Score: 5.52
Beneish M-Score: -1.99
Shareholder Yield: 3%
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple: