Bedrijfsoverzicht
Atmus Filtration Technologies Inc. is engaged in the design, manufacturing, and distribution of filtration solutions under the Fleetguard brand, serving markets in the United States and internationally. The company operates within the Consumer Cyclical sector and specifically within the Auto Parts industry, where demand is generally tied to global automotive production cycles and vehicle maintenance requirements. This entity maintains a significant operational scale with a reported market capitalization of $5.16 billion and an annual revenue of $1.76 billion. The organization employs a workforce of 4500 individuals to support its manufacturing and distribution network. The market capitalization of $5.16 billion indicates that the market values the company as a substantial mid-to-large-cap player, while the revenue figure of $1.76 billion suggests a robust revenue base that supports its position as a leading supplier of fuel, lube, air, and hydraulic filtration products.
Financiële gezondheid
The company reported a trailing twelve-month revenue of $1.76 billion and generated a net income of $207.40 million, resulting in an EBITDA of $310.70 million. The substantial gap between the $1.76 billion in revenue and the $207.40 million in net income highlights a cost structure where operating expenses, including cost of goods sold, administrative costs, and taxes, consume approximately 88.2% of total revenue before arriving at the bottom line. Free cash flow stood at $68.06 million, which represents the cash generated after accounting for capital expenditures, providing the company with financial flexibility to service debt, invest in operations, or pursue strategic acquisitions. The gross margin is recorded at 28.9%, reflecting the efficiency of production and pricing power on core filtration products. Operating margins are reported at 13.8%, indicating the profitability after covering operating expenses, while the profit margin stands at 11.8%, showing the final return on each dollar of sales. Regarding liquidity and leverage, the company holds $236.40 million in cash against total debt of $613.00 million, resulting in a debt-to-equity ratio of 161.96%. This leverage position indicates a balance sheet that is moderately leveraged, relying on equity and cash reserves to manage its obligations. The current ratio is 2.42, which signifies a strong ability to meet short-term liabilities with short-term assets, suggesting healthy short-term liquidity. Return on equity is an impressive 68.5%, demonstrating high management effectiveness in generating profits from shareholder equity, while return on assets is 13.8%, indicating efficient utilization of the company's total asset base to generate earnings.
Waarderingsbeoordeling
The trailing twelve-month P/E ratio is 25.28, whereas the forward P/E ratio is 19.64, implying that the market expects earnings growth to occur over the next year as the forward multiple is significantly lower than the trailing one. The price-to-book ratio is 13.61, which indicates that the market is pricing the company at a substantial premium relative to its tangible book value, often reflecting the value of intangible assets like brand strength and intellectual property. Alternative valuation metrics include a price-to-sales ratio of 2.93 and an EV/EBITDA of 17.79, suggesting that investors value the company based on its sales efficiency and enterprise value relative to earnings before interest, taxes, depreciation, and amortization. The stock has traded between a 52-week low of $31.68 and a 52-week high of $66.50, and the current trading price sits within this historical range, reflecting recent market volatility. The beta value is 1.59, which means the stock's price volatility is significantly higher than the broader market, moving roughly 59% more than the market index during periods of fluctuation.
Growth & Income
Year-over-year revenue growth is recorded at 9.8%, while earnings growth is 21.0%, indicating that profitability is expanding at a pace that outpaces top-line sales, likely driven by margin expansion or operational efficiencies. The company offers a dividend yield of 0.3% with a payout ratio of 8.4%, suggesting that the current dividend distribution is highly sustainable given the low proportion of earnings paid out to shareholders. This conservative payout ratio leaves the majority of earnings available for reinvestment into the business or debt reduction rather than being distributed as dividends. The overall growth and income profile presents a scenario of accelerating earnings growth supported by a modest but sustainable dividend policy, catering to investors seeking both capital appreciation and minimal income distribution.