ATS Financials

ATS Stock   30.99  0.87  2.89%   
Based on the key indicators related to ATS's liquidity, profitability, solvency, and operating efficiency, ATS Corporation is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, ATS's Accounts Payable is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 2.5 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 5.6 M in 2024. Key indicators impacting ATS's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.730.6997
Sufficiently Up
Slightly volatile
Operating Income331.2 M315.4 M
Sufficiently Up
Slightly volatile
Current Ratio2.441.7039
Way Up
Slightly volatile
Investors should never underestimate ATS's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ATS's cash flow, debt, and profitability to make informed and accurate decisions about investing in ATS Corporation.

Net Income

203.42 Million

  
Understanding current and past ATS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ATS's financial statements are interrelated, with each one affecting the others. For example, an increase in ATS's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in ATS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ATS Corporation. Check ATS's Beneish M Score to see the likelihood of ATS's management manipulating its earnings.

ATS Stock Summary

ATS competes with Flowserve, Franklin Electric, Watts Water, Gorman Rupp, and Dover. ATS is entity of United States. It is traded as Stock on NYSE exchange.
Foreign Associates
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA00217Y1043
CUSIP00217Y104 001940105
LocationOntario; Canada
Business AddressBuilding No2, Cambridge,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.atsautomation.com
Phone519 653 6500

ATS Key Financial Ratios

ATS Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B3.1B3.5B4.1B4.3B
Other Current Liab31.5M299.3M352.2M30.6M432.8M454.4M
Net Debt306.9M317.3M966.0M1.1B1.1B1.2B
Retained Earnings242.1M297.8M416.8M530.7M724.5M760.7M
Accounts Payable293.0M316.9M422.4M647.6M519.9M545.9M
Cash358.6M187.5M135.3M159.9M170.2M128.2M
Net Receivables526.4M538.3M686.6M895.8M1.1B1.2B
Inventory68.4M138.0M207.9M256.9M295.9M310.7M
Other Current Assets14.5M66.4M116.7M139.4M145.6M152.9M
Total Liab1.2B1.3B2.1B2.4B2.4B2.5B
Total Current Assets984.6M930.2M1.1B1.5B1.8B1.8B
Short Term Debt20.4M16.4M21.8M29.9M31.8M33.4M
Good Will608.2M667.0M1.0B1.1B1.2B1.3B
Intangible Assets220.2M282.2M568.2M593.2M679.5M713.5M
Common Stock521.9M526.4M530.2M520.6M865.9M600.9M

ATS Key Income Statement Accounts

The reason investors look at the income statement is to determine what ATS's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue1.4B1.4B2.2B2.6B3.0B3.2B
Gross Profit362.1M384.3M612.4M725.8M862.8M905.9M
Operating Income95.6M119.6M186.6M222.5M315.4M331.2M
Ebit124.3M121.2M187.1M224.5M317.4M333.2M
Ebitda195.7M192.1M302.5M349.9M458.5M481.5M
Cost Of Revenue1.1B1.0B1.6B1.9B2.2B2.3B
Income Before Tax67.5M79.5M154.4M159.8M246.7M259.0M
Net Income52.9M64.1M122.1M127.4M193.7M203.4M
Income Tax Expense14.6M15.4M33.0M32.1M52.5M55.1M
Interest Expense30.1M41.8M32.7M64.7M70.7M74.2M

ATS Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash134.1M(171.2M)(52.2M)24.6M10.3M10.8M
Depreciation71.4M70.9M115.4M125.5M141.2M148.2M
Other Non Cash Items3.3M777K27.9M16.5M(19.8M)(18.8M)
Capital Expenditures56.6M31.6M53.3M80.3M88.5M92.9M
Net Income53.0M64.1M121.4M127.7M193.7M203.4M
End Period Cash Flow358.6M187.5M135.3M159.9M170.2M127.1M
Free Cash Flow(36.2M)153.6M162.9M47.5M(67.7M)(64.3M)

ATS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ATS's current stock value. Our valuation model uses many indicators to compare ATS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ATS competition to find correlations between indicators driving ATS's intrinsic value. More Info.
ATS Corporation is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.56  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ATS Corporation is roughly  1.78 . At this time, ATS's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ATS by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ATS Corporation Systematic Risk

ATS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ATS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ATS Corporation correlated with the market. If Beta is less than 0 ATS generally moves in the opposite direction as compared to the market. If ATS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ATS Corporation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ATS is generally in the same direction as the market. If Beta > 1 ATS moves generally in the same direction as, but more than the movement of the benchmark.

ATS Thematic Clasifications

ATS Corporation is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in ATS Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ATS's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ATS growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.28

At this time, ATS's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

ATS November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ATS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ATS Corporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of ATS Corporation based on widely used predictive technical indicators. In general, we focus on analyzing ATS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ATS's daily price indicators and compare them against related drivers.

Additional Tools for ATS Stock Analysis

When running ATS's price analysis, check to measure ATS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATS is operating at the current time. Most of ATS's value examination focuses on studying past and present price action to predict the probability of ATS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATS's price. Additionally, you may evaluate how the addition of ATS to your portfolios can decrease your overall portfolio volatility.