회사 개요
Atmus Filtration Technologies Inc. is a prominent manufacturer that designs, manufactures, and sells filtration products under the Fleetguard brand for on-highway commercial applications across the United States and international markets. The company operates within the Consumer Cyclical sector, specifically focusing on the Auto Parts industry, which exposes its performance to economic cycles and consumer spending patterns in the transportation and logistics sectors. Its current scale is defined by a substantial market capitalization of $5.19B, an annual revenue of $1.76B, and a workforce comprising 4,500 employees. These valuation and revenue figures indicate that the company holds a significant position as a large-cap entity within its niche, reflecting substantial market penetration and operational reach compared to smaller industry peers.
재무 건전성
The company reported revenue of $1.76B and net income of $207.40M for the trailing twelve months, while EBITDA stood at $310.70M. The gap between the total revenue of $1.76B and the net income of $207.40M reveals a cost structure where operating expenses, including cost of goods sold, selling, general, and administrative costs, absorb approximately $1.55B of revenue before arriving at the bottom line. Free cash flow was reported at $68.06M, which indicates the company's ability to generate cash after capital expenditures, providing financial flexibility for operational maintenance and strategic initiatives despite high capital intensity. The gross margin stands at 28.9%, the operating margin at 13.8%, and the profit margin at 11.8%, collectively indicating that for every dollar of sales, the company retains a specific portion after covering direct production costs and overhead expenses. On the balance sheet, the company holds $236.40M in cash against total debt of $613.00M, resulting in a debt-to-equity ratio of 161.96, which suggests a leveraged balance sheet structure where debt obligations significantly exceed equity capital. The current ratio of 2.42 indicates strong short-term liquidity, showing that the company possesses more than double the current assets required to meet its short-term liabilities. Return on Equity is 68.5% and Return on Assets is 13.8%, metrics that reveal high management effectiveness in generating returns on shareholders' equity and utilizing total assets to produce earnings relative to the industry average.
밸류에이션 평가
The trailing twelve-month P/E ratio is 25.40, while the forward P/E ratio is 19.73, implying that the market expects earnings growth that will lower the multiple over the coming fiscal periods as future earnings are anticipated to increase. The price-to-book ratio is 13.68, indicating that the market values the company at a significant premium over its book value, likely reflecting intangible assets, brand strength under the Fleetguard brand, or growth prospects not fully captured on the balance sheet. Alternative valuation metrics such as the price-to-sales ratio of 2.94 and an EV/EBITDA of 17.87 suggest that the company is valued relative to its sales volume and operational cash generation rather than solely on historical earnings. The stock has traded between a 52-week low of $31.17 and a 52-week high of $66.50, and without the specific current price in the provided facts, the range defines the volatility envelope within which the stock has traded over the past year. With a beta of 1.59, the stock exhibits price volatility that is significantly higher than the broader market, meaning it is expected to move with greater magnitude than the overall market index during periods of equity market turbulence.
Growth & Income
Revenue growth year-over-year is 9.8%, while earnings growth year-over-year is 21.0%, indicating that earnings are expanding at a rate substantially faster than revenue, which implies improved operational efficiency or a favorable product mix contributing to profitability. The company offers a dividend yield of 0.3% with a payout ratio of 8.4%, suggesting that the dividend coverage is highly sustainable given the low portion of earnings distributed relative to the total net income generated. Because the payout ratio is less than 10%, the majority of earnings are retained within the business to fund reinvestment into manufacturing capabilities and growth initiatives rather than being distributed entirely to shareholders. The overall growth and income profile reflects a mature yet expanding operation where earnings growth outpaces revenue growth, supported by a low and sustainable dividend payout that prioritizes internal capital deployment for future expansion.