Atkore Inc. Common Stock (ATKR)

FairStock Score: 44/100 — MIXED

Key Financials

AI Analysis

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

I approach Atkore as a cyclical industrial, not a bond. It sells electrical conduit, cable, and safety and infrastructure products, with $2.9B revenue in fiscal 2025, period ended 2025-09-30, and 5,400 employees. The record is erratic. In fiscal 2023, period ended 2023-09-30, it earned $689.9M; in fiscal 2024, period ended 2024-09-30, it earned $472.9M; in fiscal 2025 it lost $15.2M. In fiscal Q2 2026, the quarter ended 2026-03-27, it lost $124.1M. Then fiscal Q3 2026, the quarter ended 2026-06-26, showed revenue of $794.8M versus $735.0M in fiscal Q3 2025, the quarter ended 2025-06-27, and net income of just $0.745M. That is a 0.09% margin, not evidence of durable pricing power. FairStock calls it a TURNAROUND because it had a loss in the latest year after earlier profits. Financial health is mixed. Trailing free cash flow is $57.5M, a 1.8% FCF yield at the 2026-10-13 close, and the dividend yield is 1.40%. Debt-to-equity is 0.72; Altman Z is 2.48; Piotroski is 5/9. ROCE is 4.00%, and ROE is -11.87%. Those are not the marks of a fortress. Valuation offers no obvious Graham margin of safety. At $94.88, P/B is 2.51 while earnings are negative and the P/E is -19.64. The stock is near the top of its 52-week range of $53.75 to $94.90 even though fiscal 2025 was a loss. FairStock score 44/100 fits: a possible cyclical recovery, but priced as if recovery is already assured. I would want tangible evidence of normalized margins and cash generation before calling it cheap.

In plain English: Atkore makes electrical conduit, cable, and safety and infrastructure products. The business has swung from large profits to losses, and the latest reported quarter was only barely profitable on a small sales increase. At the recent price near $95, the stock looks expensive compared with current earnings and cash flow, so it needs a clear recovery to justify the price.

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 2026-06-26) · fiscal Q2 2026 10-Q (period ended 2026-03-27) · fiscal Q1 2026 10-Q (period ended 2025-12-26) · fiscal Q3 2025 10-Q (period ended 2025-06-27) · FY2025 10-K (period ended 2025-09-30) · FY2024 10-K (period ended 2024-09-30) · FY2023 10-K (period ended 2023-09-30)

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