Added to YB: 2024-07-16
Pitch date: 2024-07-14
ATKR [neutral]
Atkore Inc.
-53.87%
current return
Author Info
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Company Info
Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally.
Market Cap
$2.2B
Pitch Price
$140.20
Price Target
N/A
Dividend
2.03%
EV/EBITDA
6.39
P/E
20.21
EV/Sales
0.97
Sector
Electrical Equipment
Category
N/A
Atkore Inc. - $ATKR
ATKR: #1/2 US market share in electrical infrastructure. Strong tailwinds (electrification, data centers). PE <9, but margins inflated post-COVID. Normalized FCF ~$440M (7.5% yield). 9.5% annual FCF growth needed for 15% return. Mgmt projects slower growth. No insider buying. Too hard to value due to margin uncertainty.
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