Company Valuation: ATI Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,031 3,954 5,904 7,910 15,889 25,006 - -
Change - 94.68% 49.34% 33.96% 100.89% 57.38% - -
Enterprise Value (EV) 1 3,207 5,118 7,340 9,084 17,222 26,211 25,904 25,842
Change - 59.59% 43.42% 23.76% 89.59% 52.2% -1.17% -0.24%
P/E -53.2x 31.8x 16.5x 21.7x 41x 38.4x 29.3x 24.6x
PBR 2.96x 3.75x 4.28x 4.01x 8.98x 11.7x 9.81x 8.59x
PEG - -0x 0x -2.35x 3.5x 0.6x 0.9x 1.3x
Capitalization / Revenue 0.73x 1.03x 1.41x 1.81x 3.46x 4.86x 4.42x 4.08x
EV / Revenue 1.15x 1.33x 1.76x 2.08x 3.75x 5.1x 4.58x 4.22x
EV / EBITDA 11x 9.32x 11.6x 12.5x 20x 22.4x 19x 17x
EV / EBIT 22.3x 10.6x 15x 15.7x 24.9x 26.5x 21.4x 18.5x
EV / FCF -23.5x 54.4x -63.9x 54x 45.3x 45.8x 36x 31.1x
FCF Yield -4.26% 1.84% -1.56% 1.85% 2.21% 2.18% 2.78% 3.22%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.3 0.96 2.81 2.55 2.85 4.787 6.276 7.475
Distribution rate - - - - - - - -
Net sales 1 2,800 3,836 4,174 4,362 4,587 5,144 5,652 6,126
EBITDA 1 290.9 549.3 634.6 729.1 859.3 1,169 1,367 1,524
EBIT 1 143.5 480.9 488.5 577.6 691.2 988.7 1,211 1,397
Net income 1 -38.2 130.9 410.8 367.8 404.3 659 865 996.8
Net Debt 1 1,176 1,164 1,436 1,174 1,333 1,205 898 835.2
Reference price 2 15.96 30.55 46.28 55.45 116.95 183.64 183.64 183.64
Nbr of stocks (in thousands) 127,248 129,418 127,577 142,643 135,864 136,170 - -
Announcement Date 2/2/22 2/2/23 2/1/24 2/4/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.73x6.63x27.63x0.57% 325B
32.1x3x17.77x1.48% 261B
34.66x5.09x21.45x0.98% 164B
17.65x1.71x12.28x2.6% 124B
20.95x1.77x14.53x1.77% 96.16B
26.66x1.89x13.17x1.94% 77.16B
18.05x1.89x13.44x1.85% 74.44B
29.78x3.27x14.36x1.38% 54.45B
Average 27.07x 3.16x 16.83x 1.57% 147.06B
Weighted average by Cap. 29.95x 3.93x 19.43x 1.35%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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