Amentum Holdings Inc. Common Stock (AMTM)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business. Amentum sells engineering, digital, cybersecurity, nuclear and environmental solutions to government and commercial clients. That kind of work can be sticky and hard to displace, and 50,000 employees plus two operating segments give it scale. But the numbers show a company still proving itself. In fiscal Q3 2026, the quarter ended 2026-07-03, revenue was $3.5B, net income $66.0M, and diluted EPS $0.27. A year earlier, fiscal Q3 2025, the quarter ended 2025-06-27, revenue was $3.6B, net income $10.0M, and diluted EPS $0.04. So sales slipped while profit jumped, which is real progress but not top-line momentum. For FY2025, ended 2025-10-03, revenue was $14.4B, net income $66.0M, and diluted EPS $0.27, after FY2024, ended 2024-09-27, had a net loss of $82.0M and FY2023, ended 2023-09-29, a net loss of $314.0M. That fits the FairStock Lynch category of TURNAROUND, because it returned to profit after losses within the last three years. Financial health is mixed. Trailing free cash flow is $474.0M and FairStock calculates a 10.5% FCF yield at the 2026-10-13 close, and Piotroski is 8/9. But Altman Z-Score is 0.86, debt-to-equity is 0.80, ROE is 4.29%, and ROCE is 3.08%, so returns are low and leverage is a concern. At $18.52, FairStock P/B is 0.96, and its Graham Number is $18.95, leaving only 2.27% margin of safety. P/E is 22.31, and EV/EBITDA is 7.82. The price is not demanding if the turnaround holds, but Graham would want a wider cushion.

In plain English: Amentum provides engineering and technology services, mostly for government and commercial clients, in areas like digital systems, cybersecurity, nuclear and environmental work. The business has swung back to profit and generates strong cash flow, but sales are flat, profit margins are thin, and the balance sheet carries meaningful risk. At the recent price of $18.52, the stock looks roughly fair to modestly cheap against its accounting value and cash generation, though not a clear bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-07-03) · fiscal Q2 2026 10-Q (period ended 2026-04-03) · fiscal Q1 2026 10-Q (period ended 2026-01-02) · fiscal Q3 2025 10-Q (period ended 2025-06-27) · FY2025 10-K (period ended 2025-10-03) · FY2024 10-K (period ended 2024-09-27) · FY2023 10-K (period ended 2023-09-29)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer