ATS (ATS)
Market Price (12/4/2025): $25.64 | Market Cap: $2.5 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
ATS (ATS)
Market Price (12/4/2025): $25.64Market Cap: $2.5 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% | Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -94% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 52% |
| Attractive yieldFCF Yield is 8.2% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 44x | |
| Low stock price volatilityVol 12M is 46% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.6% | |
| Megatrend and thematic driversMegatrends include Automation & Robotics, and Electric Vehicles & Autonomous Driving. Themes include Factory Automation, EV Manufacturing, Show more. | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.3% | |
| Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 21.52 |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Attractive yieldFCF Yield is 8.2% |
| Low stock price volatilityVol 12M is 46% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, and Electric Vehicles & Autonomous Driving. Themes include Factory Automation, EV Manufacturing, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -94% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 52% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 44x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.6% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.3% |
| Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 21.52 |
Valuation, Metrics & Events
ATS Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are key points highlighting potential reasons for ATS's stock movement from approximately August 31, 2025, to December 4, 2025:
1. Leadership Transition and Uncertainty: The announcement and subsequent departure of CEO Andrew Hider by the end of August 2025, as he moved to Baxter International, likely introduced leadership uncertainty and a negative market reaction for ATS.
2. Analyst Price Target Adjustments: In early August 2025, ahead of the specified period, several financial institutions including Raymond James Financial, Royal Bank of Canada, and TD Securities decreased their price targets for ATS, which could have contributed to a decline in investor sentiment entering and within the period.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ATS Return | 6% | 128% | -22% | 39% | -29% | -17% | 53% |
| Peers Return | 17% | 14% | -9% | 52% | 40% | 11% | 186% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| ATS Win Rate | 33% | 75% | 42% | 58% | 33% | 50% | |
| Peers Win Rate | 57% | 58% | 38% | 62% | 60% | 58% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| ATS Max Drawdown | -39% | -1% | -39% | 0% | -42% | -31% | |
| Peers Max Drawdown | -40% | -11% | -29% | -2% | -5% | -19% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: GGG, GHM, PH, ITW, GWW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | ATS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -42.3% | -25.4% |
| % Gain to Breakeven | 73.4% | 34.1% |
| Time to Breakeven | 274 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -40.1% | -33.9% |
| % Gain to Breakeven | 67.0% | 51.3% |
| Time to Breakeven | 253 days | 148 days |
| 2018 Correction | ||
| % Loss | -46.9% | -19.8% |
| % Gain to Breakeven | 88.2% | 24.7% |
| Time to Breakeven | 749 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -77.2% | -56.8% |
| % Gain to Breakeven | 338.8% | 131.3% |
| Time to Breakeven | 1136 days | 1480 days |
Compare to GGG, GHM, PH, ITW, GWW
In The Past
ATS's stock fell -42.3% during the 2022 Inflation Shock from a high on 2/1/2022. A -42.3% loss requires a 73.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Trade Ideas
Select past ideas related to ATS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.3% | 7.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 4.8% | 4.8% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.6% | 1.6% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 2.2% | 2.2% | 0.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.3% | 7.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 4.8% | 4.8% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.6% | 1.6% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 2.2% | 2.2% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for ATS
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 166.51 |
| Mkt Cap | 30.1 |
| Rev LTM | 9,287 |
| Op Inc LTM | 1,538 |
| FCF LTM | 928 |
| FCF 3Y Avg | 1,003 |
| CFO LTM | 1,360 |
| CFO 3Y Avg | 1,331 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.5% |
| Rev Chg 3Y Avg | 5.8% |
| Rev Chg Q | 5.4% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 17.4% |
| Op Mgn 3Y Avg | 17.0% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 15.3% |
| CFO/Rev 3Y Avg | 15.5% |
| FCF/Rev LTM | 12.4% |
| FCF/Rev 3Y Avg | 12.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 30.1 |
| P/S | 3.7 |
| P/EBIT | 21.7 |
| P/E | 26.3 |
| P/CFO | 22.7 |
| Total Yield | 4.5% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | 3.7% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.3% |
| 3M Rtn | -2.6% |
| 6M Rtn | 0.9% |
| 12M Rtn | -7.4% |
| 3Y Rtn | 44.2% |
| 1M Excs Rtn | 1.3% |
| 3M Excs Rtn | -9.7% |
| 6M Excs Rtn | -13.8% |
| 12M Excs Rtn | -21.2% |
| 3Y Excs Rtn | -26.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11052025 | 6-K 9/28/2025 |
| 6302025 | 8072025 | 6-K 6/29/2025 |
| 3312025 | 5292025 | 40-F 3/31/2025 |
| 12312024 | 2052025 | 6-K 12/29/2024 |
| 9302024 | 11062024 | 6-K 9/29/2024 |
| 6302024 | 8082024 | 6-K 6/30/2024 |
| 3312024 | 5162024 | 40-F 3/31/2024 |
| 12312023 | 2072024 | 6-K 12/31/2023 |
| 9302023 | 11082023 | 6-K 10/1/2023 |
| 6302023 | 8092023 | 6-K 7/2/2023 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |