ATI

ATI Inc.

Fundamental data last updated:September 4, 2026

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company profile

SECTOR

Industrials

industry

Manufacturing - Metal Fabrication

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

ATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. The segment serves aerospace and defense, medical, and energy markets. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products, and titanium products. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was founded in 1960 and is headquartered in Dallas, Texas.

 


VALUATION

P/E

55.95

Market Cap ($M USD)

$23.91B

Forward P/E

24.85

PEG

0.20

PRICE TO SALES

5.20

PRICE TO BOOK

13.45

EV / EBITDA

29.97

5-Year Average P/E

Free Cash Flow Yield

2.31%

DCF Value

$41.29

Graham Number

$30.29

Price to FCF

43.27

EV to FCF

45.85

Earnings Yield

1.79%

FCF Yield

2.31%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.13

Next Year EPS Growth Estimate

$7.05

Next Year Revenue Growth Estimate

$6.42B

Return on Equity (ROE)

24.23%

FREE CASH FLOW

Operating Margin

14.47%

Debt-to-Equity

1.08

Piotroski F-Score

8

Altman Z-Score

5.91

Return on Invested Capital (ROIC)

15.88%

Current Ratio

2.67

Quick Ratio

1.17

Net Debt to EBITDA

1.69

Interest Coverage

6.69

Gross Profit margin

22.53%

FCF PER SHARE

$4.07

REVENUE PER SHARE

$33.81

Gainseekers Quantitative Analysis

Summary

The market appears to be pricing ATI Inc. with a hefty premium, as evidenced by its Price/Earnings ratio of over 50, which starkly contrasts with its DCF Value and Graham Number. Despite this, the Forward P/E suggests a more reasonable future valuation, indicating potential growth. The Earnings Yield is modest, hinting at limited immediate returns, yet the Altman Z-score of 5.74 underscores robust financial health and low bankruptcy risk. This combination of high valuation and strong safety metrics paints a picture of a company priced for growth, yet fundamentally sound.

AI Exposure / Tech Reliance

In the metal fabrication industry, ATI Inc. is strategically positioned to leverage AI and modern technology to enhance operational efficiencies and product innovation. As manufacturing increasingly integrates smart technologies, ATI's adaptability could drive competitive advantages. Their industry focus allows them to capitalize on tech advancements, potentially improving margins and customer satisfaction.

The Bull Case

For the discerning GARP investor, ATI Inc. offers compelling strengths. The company boasts a robust ROIC of 15.88%, indicating efficient capital use and strong profitability. A Piotroski F-Score of 8 suggests solid financial health, while a healthy operating margin of 14.47% reflects pricing power. These metrics, combined with a respectable FCF Yield, suggest ATI is well-managed and capable of generating sustainable cash flows, making it an attractive buy for those seeking growth at a reasonable price.

The Bear Case

Despite its strengths, ATI Inc. faces significant valuation challenges. The Price/Book ratio of over 12 and Price/Sales of nearly 4.7 highlight a potentially overvalued stock, especially when trading close to its 52-week high. The EV to EBITDA ratio of 27.26 further underscores this concern, suggesting the market may be overly optimistic about future earnings. Additionally, the stock's proximity to its 52-week high could indicate technical overextension, posing a risk for new investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$175.00

Institutional Ownership %

1-Year Beta

0.94

Insider Buying % (6 Mo)

Distance to 52-Week High

1.20%

Distance to 52-Week Low

59.80%

EARNINGS SURPRISE %

14.03%

50-DAY SMA

$155.13

200-DAY SMA

$118.61

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.