Atkore International Group Inc Stock Research

Market Summary

USD121.19+1.70

Market Closed

1.42%

ATKR Stock Price

ATKR RSI Chart

ATKR Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

5.74

Price/Sales (Trailing)

1.24

EV/EBITDA

3.7

Price/Free Cashflow

5.58

ATKR Price/Sales (Trailing)

ATKR Profitability

EBT Margin

29.79%

Return on Equity

69.18%

Return on Assets

34.3%

Free Cashflow Yield

17.93%

ATKR Fundamentals

ATKR Revenue

Revenue (TTM)

3.8B

Revenue Y/Y

-8.82%

Revenue Q/Q

7.45%

ATKR Earnings

Earnings (TTM)

822.8M

Earnings Y/Y

-25.39%

Earnings Q/Q

0.4%

Price Action

52 Week Range

70.50154.86

(Low)(High)

Last 7 days

-1.0%

Last 30 days

0.6%

Last 90 days

-15.3%

Trailing 12 Months

16.6%

ATKR Financial Health

Current Ratio

2.96

Debt/Equity

0.67

Debt/Cashflow

0.82

ATKR Investor Care

Buy Backs (1Y)

11.26%

Diluted EPS (TTM)

19.45

Peers (Alternatives to Atkore International Group)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ETN	72.7B	21.4B	12.69%	35.31%	28.33	3.4	8.16%	15.68%
EMR	45.4B	17.5B	-3.60%	-7.11%	9.5	2.6	-0.55%	66.86%
AME	32.0B	6.2B	10.83%	23.91%	27.55	5.19	10.89%	14.33%
HUBB	15.6B	5.1B	11.88%	56.69%	28.52	3.08	15.55%	13.16%
MID-CAP
GNRC	6.6B	4.3B	24.06%	-52.15%	16.49	1.44	6.18%	-42.16%
PLUG	5.5B	770.9M	-2.60%	-51.64%	-7.58	7.83	34.97%	-39.30%
AYI	5.0B	4.1B	1.49%	-11.00%	13.15	1.21	10.32%	9.37%
ATKR	4.7B	3.8B	0.57%	16.55%	5.74	1.24	6.10%	0.81%
SMALL-CAP
VICR	2.0B	408.6M	38.12%	-8.03%	78.16	4.98	13.87%	-31.89%
FCEL	823.6M	37.1M	12.78%	-48.99%	-44.23	22.22	-57.14%	80.55%
CBAT	76.8M	210.9M	7.97%	-20.14%	-6.81	0.36	70.86%	-134.63%
ULBI	68.7M	133.4M	5.06%	-14.80%	-231.44	0.52	29.92%	72.32%
SUNW	39.8M	168.6M	43.57%	-40.74%	-1.51	0.24	33.65%	12.04%
WATT	28.5M	732.0K	-12.46%	-67.02%	-1.11	38.96	-11.56%	35.65%
POLA	16.1M	16.5M	5.98%	-55.71%	-2.88	0.97	-4.49%	-783.84%

Financials for Atkore International Group

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-2.2%	3,820	3,907	3,914	3,809	3,601
Gross Profit	-3.9%	1,556	1,620	1,640	1,583	1,468
S&GA Expenses	2.4%	391	382	370	346	332
EBITDA	-2.6%	1,285	1,319	1,183	-	-
EBITDA Margin	-2.4%	0.33*	0.34*	0.33*	-	-
Earnings Before Taxes	-7.3%	1,079	1,164	1,204	1,184	1,079
EBT Margin	-3.1%	0.30*	0.31*	0.31*	0.30*	-
Interest Expenses	-	31.00	-	-	-	-
Net Income	-6.7%	823	882	913	895	816
Net Income Margin	-3.3%	0.23*	0.23*	0.24*	0.23*	-
Free Cahsflow	11.7%	727	651	514	511	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	4.2%	2,680	2,571	2,599	2,484	2,304
Current Assets	5.7%	1,399	1,324	1,453	1,434	1,490
Cash Equivalents	15.1%	354	308	389	187	390
Inventory	-6.7%	416	446	455	445	411
Net PPE	5.9%	443	419	390	343	286
Goodwill	-3.9%	311	323	289	65.00	212
Liabilities	3.4%	1,341	1,296	1,349	1,344	1,281
Current Liabilities	4.7%	468	447	502	518	458
LT Debt, Non Current	0.1%	762	761	761	760	759
Shareholder's Equity	5.0%	1,339	1,275	1,250	1,140	1,023
Retained Earnings	6.5%	879	825	802	684	566
Additional Paid-In Capital	1.5%	498	491	500	497	492
Shares Outstanding	-2.3%	39.00	40.00	41.00	43.00	44.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	15.8%	1,029	888	787	626	581
Share Based Compensation	3.9%	20.00	19.00	17.00	17.00	16.00
Cashflow From Investing	-4.5%	-538	-514	-442	-360	-97.82
Cashflow From Financing	6.6%	-522	-559	-524	-470	-394
Buy Backs	-6.9%	508	546	500	422	361

Risks for ATKR

What is the probability of a big loss on ATKR?

88.8%

Probability that Atkore International Group stock will be more than 20% underwater in next one year

61.1%

Probability that Atkore International Group stock will be more than 30% underwater in next one year.

19.2%

Probability that Atkore International Group stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATKR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Atkore International Group was unfortunately bought at previous high price.

Drawdowns

Returns for ATKR

Cumulative Returns on ATKR

41.1%

5-Year Cumulative Returns

65.8%

3-Year Cumulative Returns

What are the long-term rolling returns for ATKR?

FIve years rolling returns for Atkore International Group.

Annualized Returns

Which funds bought or sold ATKR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	ROYCE & ASSOCIATES LP	added	3.36	5,001,130	22,846,400	0.23%
2023-05-23	Brookfield Corp /ON/	new	-	780,647	780,647	-%
2023-05-23	Front Row Advisors LLC	reduced	-1.96	1,000	7,000	-%
2023-05-23	Toroso Investments, LLC	new	-	1,102,000	1,102,000	0.02%
2023-05-22	AMERIPRISE FINANCIAL INC	added	29.54	23,888,800	63,399,800	0.02%
2023-05-22	PUTNAM INVESTMENTS LLC	added	76.11	3,281,270	6,059,040	0.01%
2023-05-22	EMC Capital Management	unchanged	-	127,000	658,000	0.55%
2023-05-22	Raleigh Capital Management Inc.	new	-	6,743	6,743	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-12.63	620,000	8,168,000	0.01%
2023-05-18	SkyView Investment Advisors, LLC	new	-	119,000	119,000	0.03%

Latest Funds Activity

Are funds buying ATKR calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ATKR

No. of Funds

Atkore International Group News

Schedule 13G FIlings of Atkore International Group

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	11.63%	4,618,457	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 03, 2023	blackrock inc.	8.4%	3,367,023	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 09, 2022	vanguard group inc	11.01%	5,102,098	SC 13G/A
Feb 03, 2022	blackrock inc.	7.4%	3,428,584	SC 13G/A
Jan 26, 2022	wells fargo & company/mn	0.25%	116,398	SC 13G/A
Feb 11, 2021	wells fargo & company/mn	6.70%	3,185,914	SC 13G
Feb 10, 2021	vanguard group inc	10.83%	5,149,828	SC 13G/A
Feb 08, 2021	fmr llc	-	0	SC 13G

ATKR Fair Value

Recent SEC filings of Atkore International Group

View All Filings

Date Filed	Form Type	Document
May 24, 2023	4	Insider Trading
May 24, 2023	144	Notice of Insider Sale Intent
May 19, 2023	8-K	Current Report
May 09, 2023	8-K	Current Report
May 09, 2023	10-Q	Quarterly Report
Mar 10, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Feb 21, 2023	8-K	Current Report

Latest Insider Trading transactions for ATKR

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-24	Zeffiro A Mark	sold	-89,112	118	-750	-
2023-03-09	Johnson David Paul	sold	-1,497,880	149	-10,000	vice president and cfo
2023-03-01	Pregenzer John W	sold	-713,100	150	-4,754	president, electrical
2023-02-03	James Wilbert W Jr	sold	-207,368	139	-1,491	-
2023-02-03	Kershaw Justin A	sold	-572,603	138	-4,126	-
2023-02-03	Lamps Mark F.	acquired	44,392	17.9	2,480	pres. safety & infrastructure
2023-02-03	Kelly Daniel S	acquired	642	7.3	88.00	vp, general counsel and sec.
2023-02-03	Lamps Mark F.	sold	-358,980	144	-2,480	pres. safety & infrastructure
2023-02-03	Kelly Daniel S	sold	-12,526	142	-88.00	vp, general counsel and sec.
2023-02-01	Edwards Barbara Joanne	acquired	-	-	940	-

About Atkore International Group

ATKR Income Statement

2023-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 25, 2022	Mar. 31, 2023	Mar. 25, 2022
Income Statement [Abstract]
Net sales	$ 895,934	$ 982,573	$ 1,729,755	$ 1,823,374
Cost of sales	543,052	566,157	1,042,520	1,052,150
Gross profit	352,882	416,416	687,235	771,224
Selling, general and administrative	98,201	88,918	188,178	167,069
Intangible asset amortization	14,790	8,701	27,586	16,930
Operating income	239,891	318,797	471,471	587,225
Interest expense, net	8,475	7,514	17,963	14,432
Other (income) and expense, net	3,858	(807)	3,899	(1,115)
Income before income taxes	227,558	312,090	449,609	573,908
Income tax expense	53,364	78,613	101,923	135,588
Net income	$ 174,194	$ 233,477	$ 347,686	$ 438,320
Net income per share
Basic (in dollars per share)	$ 4.37	$ 5.14	$ 8.63	$ 9.51
Diluted (in dollars per share)	$ 4.31	$ 5.08	$ 8.52	$ 9.39

ATKR Balance Sheet

2023-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022
Current Assets:
Cash and cash equivalents	$ 354,342	$ 388,751
Accounts receivable, less allowance for current and expected credit losses of $2,415 and $2,544, respectively	533,712	528,904
Inventories, net	416,050	454,511
Prepaid expenses and other current assets	95,379	80,654
Total current assets	1,399,483	1,452,820
Property, plant and equipment, net	443,291	390,220
Intangible assets, net	424,910	382,706
Goodwill	310,686	289,330
Right-of-use assets, net	95,950	71,035
Deferred tax assets	2,025	9,409
Other long-term assets	3,344	3,476
Total Assets	2,679,689	2,598,996
Current Liabilities:
Accounts payable	258,051	244,100
Income tax payable	4,760	5,521
Accrued compensation and employee benefits	34,037	61,273
Customer liabilities	69,095	99,447
Lease obligations	14,566	13,789
Other current liabilities	87,396	77,781
Total current liabilities	467,905	501,911
Long-term debt	761,612	760,537
Long-term lease obligations	81,767	57,975
Deferred tax liabilities	16,283	15,640
Other long-term liabilities	13,327	13,146
Total Liabilities	1,340,894	1,349,209
Equity:
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 38,937,691 and 41,351,350 shares issued and outstanding, respectively	390	415
Treasury stock, held at cost, 260,900 and 260,900 shares, respectively	(2,580)	(2,580)
Additional paid-in capital	497,810	500,117
Retained earnings	879,334	801,981
Accumulated other comprehensive loss	(36,159)	(50,146)
Total Equity	1,338,795	1,249,787
Total Liabilities and Equity	$ 2,679,689	$ 2,598,996