(ATI) Allegheny Technologies - Overview
Sector: Industrials | Industry: Metal Fabrication | Exchange: NYSE (USA) | Market Cap: 23.100m USD | Total Return: 119.6% in 12m
Avg Turnover: 255M
EPS Trend: 95.9%
Qual. Beats: 3
Rev. Trend: 97.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Confidence
ATI Inc. (NYSE: ATI) is a global manufacturer of specialty materials and complex components, operating through its High Performance Materials & Components and Advanced Alloys & Solutions segments. The company’s portfolio includes titanium, nickel-based superalloys, and zirconium, which are processed into forms such as precision forgings, seamless tubes, and metallic powders. ATI primarily serves high-barrier industries including aerospace, defense, medical, and specialty energy.
The specialty materials sector is characterized by high capital intensity and rigorous certification requirements, particularly for jet engine and airframe components. ATIs business model relies on long-term supply agreements with major aerospace OEMs, where high-temperature resistance and weight-to-strength ratios are critical performance metrics. You may find further insights on these industry trends by exploring ValueRay.
Headquartered in Dallas, Texas, the company provides integrated metallurgical solutions ranging from raw material processing to finished machined parts. Beyond aerospace, ATI leverages its hot-rolling conversion services and specialty alloy production to support infrastructure, oil and gas, and automotive applications.
- Aerospace production ramp-ups drive demand for titanium and nickel-based superalloys
- Defense spending increases bolster long-term contracts for advanced specialty materials
- Raw material price volatility impacts margins for high-performance alloy production
- Energy sector capital expenditures influence demand for corrosion-resistant specialty metals
- Next-generation aircraft engine programs accelerate high-margin precision forging revenue growth
| Net Income: 425.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 6.95 > 1.0 |
| NWC/Revenue: 38.20% < 20% (prev 39.04%; Δ -0.84% < -1%) |
| CFO/TA 0.16 > 3% & CFO 835.0m > Net Income 425.5m |
| Net Debt (1.43b) to EBITDA (845.2m): 1.69 < 3 |
| Current Ratio: 2.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (139.4m) vs 12m ago -3.33% < -2% |
| Gross Margin: 22.53% > 18% (prev 0.21%; Δ 2.23k% > 0.5%) |
| Asset Turnover: 88.20% > 50% (prev 86.10%; Δ 2.10% > 0%) |
| Interest Coverage Ratio: 6.78 > 6 (EBITDA TTM 845.2m / Interest Expense TTM 99.3m) |
| A: 0.34 (Total Current Assets 2.80b - Total Current Liabilities 1.05b) / Total Assets 5.23b |
| B: 0.11 (Retained Earnings 586.9m / Total Assets 5.23b) |
| C: 0.13 (EBIT TTM 672.9m / Avg Total Assets 5.21b) |
| D: 0.16 (Book Value of Equity 538.3m / Total Liabilities 3.35b) |
| Altman-Z'' = 3.60 = AA |
| DSRI: 0.71 (Receivables 664.4m/912.9m, Revenue 4.59b/4.46b) |
| GMI: 0.95 (GM 22.53% / 21.38%) |
| AQI: 0.92 (AQ_t 0.09 / AQ_t-1 0.10) |
| SGI: 1.03 (Revenue 4.59b / 4.46b) |
| TATA: -0.08 (NI 425.5m - CFO 835.0m) / TA 5.23b) |
| Beneish M = -3.42 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 175.16 with a total of 3,088,180 shares traded.
Over the past week, the price has changed by +9.20%,
over one month by +19.78%,
over three months by +7.07% and
over the past year by +119.61%.
Allegheny Technologies has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy ATI.
- StrongBuy: 7
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 179.6 | 2.5% |
P/E Trailing = 55.8647
P/E Forward = 36.9004
P/S = 4.8205
P/B = 12.5093
P/EG = 1.1952
Revenue TTM = 4.59b USD
EBIT TTM = 672.9m USD
EBITDA TTM = 845.2m USD
Long Term Debt = 1.79b USD (from longTermDebt, last quarter)
Short Term Debt = 33.2m USD (from shortTermDebt, last quarter)
Debt = 1.83b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.43b USD (calculated: Debt 1.83b - CCE 401.7m)
Enterprise Value = 24.5b USD (23.1b + Debt 1.83b - CCE 401.7m)
Interest Coverage Ratio = 6.78 (Ebit TTM 672.9m / Interest Expense TTM 99.3m)
EV/FCF = 44.39x (Enterprise Value 24.5b / FCF TTM 552.5m)
FCF Yield = 2.25% (FCF TTM 552.5m / Enterprise Value 24.5b)
FCF Margin = 12.03% (FCF TTM 552.5m / Revenue TTM 4.59b)
Net Margin = 9.26% (Net Income TTM 425.5m / Revenue TTM 4.59b)
Gross Margin = 22.53% ((Revenue TTM 4.59b - Cost of Revenue TTM 3.56b) / Revenue TTM)
Gross Margin QoQ = 22.83% (prev 23.21%)
Tobins Q-Ratio = 4.69 (Enterprise Value 24.5b / Total Assets 5.23b)
Interest Expense / Debt = 5.43% (Interest Expense 99.3m / Debt 1.83b)
Taxrate = 11.79% (16.1m / 136.6m)
NOPAT = 593.6m (EBIT 672.9m * (1 - 11.79%))
Current Ratio = 2.67 (Total Current Assets 2.80b / Total Current Liabilities 1.05b)
Debt / Equity = 1.03 (Debt 1.83b / totalStockholderEquity, last quarter 1.77b)
Debt / EBITDA = 1.69 (Net Debt 1.43b / EBITDA 845.2m)
Debt / FCF = 2.58 (Net Debt 1.43b / FCF TTM 552.5m)
Total Stockholder Equity = 1.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.17% (Net Income 425.5m / Total Assets 5.23b)
RoE = 24.23% (Net Income TTM 425.5m / Total Stockholder Equity 1.76b)
RoCE = 18.95% (EBIT 672.9m / Capital Employed (Equity 1.76b + L.T.Debt 1.79b))
RoIC = 15.55% (NOPAT 593.6m / Invested Capital 3.82b)
WACC = 11.88% (E(23.1b)/V(24.9b) * Re(12.44%) + D(1.83b)/V(24.9b) * Rd(5.43%) * (1-Tc(0.12)))
Discount Rate = 12.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.39 | Cagr: -3.03%
[DCF] Terminal Value 67.43% ; FCFF base≈406.3m ; Y1≈465.7m ; Y5≈685.4m
[DCF] Fair Price = 35.98 (EV 6.34b - Net Debt 1.43b = Equity 4.91b / Shares 136.5m; r=11.88% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.87 | EPS CAGR: 20.04% | SUE: 1.48 | # QB: 3
Revenue Correlation: 97.64 | Revenue CAGR: 4.83% | SUE: -0.57 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.02 | Chg30d=+4.44% | Revisions=+56% | Analysts=7
EPS next Quarter (2026-09-30): EPS=1.14 | Chg30d=+2.76% | Revisions=+33% | Analysts=7
EPS current Year (2026-12-31): EPS=4.43 | Chg30d=+5.19% | Revisions=+56% | GrowthEPS=+36.6% | GrowthRev=+8.6%
EPS next Year (2027-12-31): EPS=5.41 | Chg30d=+7.05% | Revisions=+60% | GrowthEPS=+22.1% | GrowthRev=+9.0%
[Analyst] Revisions Ratio: +60%