Atkore International Group Stock Operating Margin
| ATKR Stock | USD 85.14 0.99 1.18% |
Atkore International Group fundamentals help investors to digest information that contributes to Atkore International's financial success or failures. It also enables traders to predict the movement of Atkore Stock. The fundamental analysis module provides a way to measure Atkore International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Atkore International stock.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | 0.20 | 0.10 |
Atkore | Operating Margin |
Atkore International Group Company Operating Margin Analysis
Atkore International's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Atkore International Operating Margin | 0.20 % |
Most of Atkore International's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atkore International Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Atkore Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Atkore International is extremely important. It helps to project a fair market value of Atkore Stock properly, considering its historical fundamentals such as Operating Margin. Since Atkore International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Atkore International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Atkore International's interrelated accounts and indicators.
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Atkore Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Atkore International Group has an Operating Margin of 0.2045%. This is 96.21% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The operating margin for all United States stocks is 103.71% lower than that of the firm.
Atkore Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atkore International's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atkore International could also be used in its relative valuation, which is a method of valuing Atkore International by comparing valuation metrics of similar companies.Atkore International is currently under evaluation in operating margin category among its peers.
Atkore International ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Atkore International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atkore International's managers, analysts, and investors.Environmental | Governance | Social |
Atkore Fundamentals
| Return On Equity | 0.36 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 3.57 B | ||||
| Shares Outstanding | 34.9 M | ||||
| Shares Owned By Insiders | 0.94 % | ||||
| Shares Owned By Institutions | 99.11 % | ||||
| Number Of Shares Shorted | 3.57 M | ||||
| Price To Earning | 19.79 X | ||||
| Price To Book | 1.93 X | ||||
| Price To Sales | 0.91 X | ||||
| Revenue | 3.2 B | ||||
| Gross Profit | 1.34 B | ||||
| EBITDA | 624.78 M | ||||
| Net Income | 472.87 M | ||||
| Cash And Equivalents | 186.65 M | ||||
| Cash Per Share | 4.52 X | ||||
| Total Debt | 929.17 M | ||||
| Debt To Equity | 0.70 % | ||||
| Current Ratio | 2.77 X | ||||
| Book Value Per Share | 43.54 X | ||||
| Cash Flow From Operations | 549.03 M | ||||
| Short Ratio | 7.05 X | ||||
| Earnings Per Share | 12.69 X | ||||
| Price To Earnings To Growth | 1.39 X | ||||
| Target Price | 115.67 | ||||
| Number Of Employees | 4.82 K | ||||
| Beta | 2.13 | ||||
| Market Capitalization | 2.97 B | ||||
| Total Asset | 3.02 B | ||||
| Retained Earnings | 1.05 B | ||||
| Working Capital | 973.89 M | ||||
| Current Asset | 582.92 M | ||||
| Current Liabilities | 204.82 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 3.02 B |
About Atkore International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atkore International Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atkore International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atkore International Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Atkore International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atkore International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atkore International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Atkore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atkore International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atkore International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atkore International Group to buy it.
The correlation of Atkore International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atkore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atkore International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atkore International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Atkore Stock Analysis
When running Atkore International's price analysis, check to measure Atkore International'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 Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.