$Atkore (ATKR.US)$🎯 As of December 20, 2023, the current pr...

New data: Q3 and Q4 of 2023, continuous contraction.

In 2023, revenue shrank by 10%, operating profit shrank by 27.6% due to a decline in gross margin and an increase in expenses, and net income shrank by 24.5% due to a decrease in income tax. With the cancellation of 9% of stocks, EPS only declined by 14.8%. Interest expenses account for 3.9% of operating profit, which is a light burden. ROE decreased from 85% to 50%, but it is still impressive.

The asset-liability ratio slightly decreased from 51.9% to 50%, with little change in cash. Accounts receivable and inventory increased slightly, but within the normal range.

Goodwill of 0.311 billion accounts for 21% of net assets of 1.468 billion, long-term loans of 0.763 billion account for 52% of net assets, and the leverage ratio is normal.

Operating net cash flow significantly exceeds investment net cash flow, resulting in substantial shareholder earnings.

The current PE ratio is 9.3, still worth choosing (⭐️).