Atmus Filtration Technologies Inc.

Consumer Discretionary
Auto Parts:O.E.M.
www.atmus.com

Earnings Score
Moat Score
Safety Score

Market Cap $3.43B
PE 19
Debt $615.00M
Cash $196.80M
EV $3.85B
FCF $72.30M

Earnings

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Sales & Net Margins

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Earnings	$180.30M
EBIT	$271.60M
ROE	82%
ROA	22%
FCF	$72.30M
Equity	$221.20M
Growth Stability	1
PE	19.03
PEG	0.36
PB	15.51
P/FCF	47.46
P/S	2.06
Price/Cash	0.06
Debt/Equity	2.78
Debt/FCF	8.51
Net Margins	12%
Gross Margins	28%
Op. Margins	16%
Earnings CAGR	53%
Sales Growth YoY	2%
Sales Growth QoQ	-7%
Sales CAGR	51%
FCF CAGR	-40%
Equity CAGR	-47%
Earnings Stability	-0.78
Earnings Growth YoY	16%
Earnings Growth QoQ	-22%

Earnings CAGR 5Y	53%
Sales CAGR 5Y	51%
FCF CAGR 5Y	-40%
Equity CAGR 5Y	-47%
Earnings CAGR 3Y	51%
Sales CAGR 3Y	51%
FCF CAGR 3Y	-40%
Equity CAGR 3Y	-47%
Market Cap	$3.43B
Revenue	$1.66B
Assets	$1.22B
Total Debt	$615.00M
Cash	$196.80M
Shares Outstanding	83.14M
EV	3.85B
Earnings Score	6%
Moat Score	96%
Safety Score	71%
Final Score	58%
Working Capital	410.5M
Current Ratio	2.11
Gross Profit	$460.60M
Shares Growth 3y	-0%
Equity Growth QoQ	24%
Equity Growth YoY	543%

Assets & ROA

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Stockholders Equity & ROE

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Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. It offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, and coolants, as well as fuel additives. The company's products are used in on-highway and off-highway commercial vehicles; and agriculture, construction, mining, and power generation vehicles and equipment. It serves original equipment manufacturers, dealers/distributors, and end-users. The company was founded in 1958 and is headquartered in Nashville, Tennessee. Atmus Filtration Technologies Inc. operates as a subsidiary of Cummins Inc.

SEC Filings

Direct access to Atmus Filtration Technologies Inc. (ATMU) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30

Sector Comparison

How does Atmus Filtration Technologies Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Atmus Filtration Technologies Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 53%

Stability -78%

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Atmus Filtration Technologies Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Atmus Filtration Technologies Inc..

Years

Calculation mode

= $90M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$72M	$44M	$26M	$16M	$9.7M	$5.8M	$3.5M	$2.1M	$1.3M	$779K	$471K	$4.7M
DCF		$40M	$22M	$12M	$6.6M	$3.6M	$2M	$1.1M	$601K	$330K	$181K	$1.8M
Value	$90M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2021	12/2022	12/2023	TTM
Net Margins	12%	11%	11%	12%
ROA	-	-	23%	22%
ROE	-	-	212%	82%

Good Net Margins (11.52%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	4.24	8.51
Debt over Equity	-	0	7.53	2.78
Growth Stability	-	-	-	1

Bad Debt/FCF ratio (8.51)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Bad Debt/Equity ratio (2.78)

The company is overleveraged and has a bad balance between equity and debt.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	9%	4%	51%
Earnings YoY growth	-	0%	1%	53%
Equity YoY growth	-	7%	-82%	-47%
FCF YoY growth	-	-27%	12%	-40%