Atkore (Atkore) GF Value Rank : 3 (As of Apr. 27, 2024)

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What is Atkore GF Value Rank?

Atkore has the GF Value Rank of 3.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Atkore's GF Value Rank

For the Electrical Equipment & Parts subindustry, Atkore's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atkore's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atkore's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Atkore's GF Value Rank falls into.

Atkore GF Value Rank Related Terms

Thank you for viewing the detailed overview of Atkore's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Atkore (Atkore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atkore Inc (NYSE:ATKR) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

ATKR:Mexico AOA:Germany AOA:Germany

Address

16100 South Lathrop Avenue, Harvey, IL, USA, 60426

Website

https://www.atkore.com

Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.

Executives

Waltz William E Jr.	officer: President, Conduit & Fittings	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Mark F. Lamps	officer: Pres. Mech. Prods. & Solutions	16100 S. LATHROP AVENUE, HARVEY IL 60426
Leangela W. Lowe	officer: VP, Global Human Resources	16100 S. LATHROP AVENUE, HARVEY IL 60426
Scott H Muse	director	C/O RICHARD W DAVIES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
A Mark Zeffiro	director	2600 W. BIG BEAVER ROAD, SUITE 555, TROY MI 48084
David Paul Johnson	officer: Vice President and CFO	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Justin A Kershaw	director	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
James Wilbert W Jr	director	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Daniel S Kelly	officer: VP, General Counsel and Sec.	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Barbara Joanne Edwards	director	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
John W Pregenzer	officer: President, Electrical	16100 S LATHROP AVENUE, HARVEY IL 60426
William Vanarsdale	director	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Peter J Lariviere	officer: President, Cable Solutions	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Michael J Schulte	officer: Pres, Mech. Prods. & Solutions	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
John Patrick Williamson	officer: President and CEO	16100 SOUTH LATHROP AVENUE, HARVEY IL 60426