Atmus Filtration Technologies Inc. Common Stock (ATMU)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

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

I approach Atmus as a cyclical auto-parts supplier. It sells filtration products under Fleetguard, so demand depends on commercial vehicles, agriculture, construction, mining, and power equipment. The filed numbers show growth: in fiscal 2025, the period ended 2025-12-31, revenue was $1.8B, net income $207.4M, and diluted EPS $2.50, compared with fiscal 2024, the period ended 2024-12-31, when revenue was $1.7B, net income $185.6M, and diluted EPS $2.22. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $527.9M, net income $63.9M, and diluted EPS $0.78, versus fiscal Q2 2025, the quarter ended 2025-06-30, with revenue $453.5M, net income $59.9M, and diluted EPS $0.72. That is respectable, though cyclical. The balance sheet gives me pause. The data show debt-to-equity of 2.32. FairStock calculates ROE at 55.79%, ROCE at 11.84%, and a Piotroski F-Score of 9/9. TTM free cash flow is $190.4M, which FairStock puts at a 5.3% FCF yield at the $43.76 close on 2026-10-13. But P/B is 7.86 and the Graham Number is $18.09, leaving a -141.90% margin of safety at that close. So this is not a Graham bargain. At the same close, the FairStock P/E is 16.77 and PEG is 0.85, suggesting the price is tied to earnings growth. Atmus looks like a decent, cash-generative cyclical with high leverage, not a wide-moat compounder at a discount. I would not call it cheap at this price.

In plain English: Atmus makes Fleetguard filters for trucks, farm equipment, construction machines, and power equipment. The business looks reasonably strong because sales and profits have been rising and it produces cash, but it uses a lot of borrowed money. At the 2026-10-13 close of $43.76, the shares look more expensive than their accounting value and not clearly cheap against earnings.

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

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

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