Financials ATS Corporation

Equities

ATS

CA00217Y1043

Industrial Machinery & Equipment

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-12-12 EST			5-day change	1st Jan Change
44.05 ^CAD	-0.90%		-2.46%	-22.87%

03:39pm	ATS Corporation announces an Equity Buyback for 8,259,180 shares, representing 8.43% of its issued share capital.	CI
01:38pm	ATS Gets Stock Market Approval for Share Buyback; U.S.-listed Shares Up 3.8% Pre-market	MT

Projected Income Statement: ATS Corporation

income-statement-evolution-chart ATS-CORPORATION

Fiscal Period: Marzo	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,430	1,430	2,183	2,577	3,033	2,648	2,907	3,048
Change	-	0.02%	52.63%	18.08%	17.67%	-12.68%	9.77%	4.83%
EBITDA ¹	195.1	200.7	343.9	401.2	470.6	379.3	453.9	496.7
Change	-	2.87%	71.35%	16.66%	17.3%	-19.41%	19.69%	9.43%
EBIT ¹	157.4	163.2	292.4	330	397.5	278.2	359.1	366.4
Change	-	3.68%	79.17%	12.86%	20.45%	-30.02%	29.09%	2.04%
Interest Paid ¹	-28.07	-40.1	-32.2	-62.7	-68.7	-95	-89.5	-
Earnings before Tax (EBT)	67.54	-	-	-	-	-	-	-
Change	-	-100%	-	-	-	-	-	-
Net income ¹	52.9	64.09	122.1	127.4	193.7	77.66	156.8	160.1
Change	-	21.16%	90.51%	4.37%	52.03%	-59.91%	101.93%	2.09%
Announcement Date	5/27/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: March	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	367.2	382.1	324.9	335.5	369.7	399.9	510.6	522.1	546.8	603.2	610.6	589	647	730.8	753.6	735.7	752.1	791.5	694.3	612.8	649.7	690.8	692	704.5	712.1	778.4	-	-
Change	-	4.06%	-14.97%	3.26%	10.2%	8.16%	27.68%	2.26%	4.72%	10.31%	1.23%	-3.54%	9.86%	12.94%	3.13%	-2.38%	2.22%	5.25%	-12.28%	-11.74%	6.03%	6.32%	0.17%	1.81%	1.08%	9.3%	-100%	-
EBITDA ¹	47	49.1	39.2	49.6	53.1	58.8	77.9	83.3	83.5	99.1	100.8	88.8	95.1	118.2	119.2	116.2	119.3	115.8	106	78.3	89.08	103.8	109.7	110	116.2	125	129.1	133.5
Change	-	4.47%	-20.16%	26.53%	7.06%	10.73%	32.48%	6.93%	0.24%	18.68%	1.72%	-11.9%	7.09%	24.29%	0.85%	-2.52%	2.67%	-2.93%	-8.46%	-26.13%	13.77%	16.58%	5.66%	0.25%	5.64%	7.59%	3.26%	3.41%
EBIT ¹	37.5	39.3	29.7	40.1	43.8	-	65.4	70.7	70.4	85.8	87.5	75.1	80.6	86.8	102.1	98.3	101.2	95.9	86.2	56.5	64.09	74.42	72.25	57.34	-	-	-	-
Change	-	4.8%	-24.43%	35.02%	9.23%	-100%	-	8.1%	-0.42%	21.87%	1.98%	-14.17%	7.32%	7.69%	17.63%	-3.72%	2.95%	-5.24%	-10.11%	-34.45%	13.44%	16.12%	-2.92%	-20.64%	-100%	-	-	-
Charge d'intérêts ¹	-6.5	-7.78	-8.194	-8.037	-7.271	-16.7	-7.5	-7.177	-7.869	-9.6	-10.72	-13.44	-19.73	-18.8	-16.95	-15.46	-17.54	-18.8	-19.52	-23.53	-26	-26	-	-	-	-	-	-
Earnings before Tax (EBT)	-	17.1	12.9	15.4	25	-	-	-	-	-	-	39.61	36.27	-	-	67.56	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-24.56%	19.38%	62.35%	-100%	-	-	-	-	-	-	-8.42%	-100%	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	3.983	13.1	9.8	11.6	18.84	23.8	33.9	38.12	23.86	40.82	-	29.51	29.27	29.6	47.72	50.74	47.05	48.46	35.28	-0.919	16.85	25.85	-	-	-	-	-	-
Change	-	228.9%	-25.19%	18.37%	62.4%	26.34%	42.44%	12.45%	-37.41%	71.11%	-100%	-	-0.81%	1.14%	61.23%	6.33%	-7.28%	3%	-27.19%	-	-	53.41%	-100%	-	-	-	-	-
Announcement Date	2/5/20	5/27/20	8/12/20	11/4/20	2/3/21	5/20/21	8/11/21	11/3/21	2/2/22	5/19/22	8/10/22	11/9/22	2/9/23	5/18/23	8/9/23	11/8/23	2/7/24	5/16/24	8/8/24	11/6/24	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: ATS Corporation

balance-sheet-analysis-chart ATS-CORPORATION

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	244	244	883	1,099	1,117	1,340	1,121	905
Change	-	0%	261.89%	24.46%	1.64%	19.93%	-16.34%	-19.27%
Announcement Date	5/27/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-

¹CAD in Million

Estimates

Cash Flow Forecast: ATS Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	45.45	21.54	53.27	80.3	58.83	76.35	85
Change	-	-52.6%	147.28%	50.75%	-26.73%	29.78%	11.33%
Free Cash Flow (FCF) ¹	-36.22	153.6	162.9	47.5	-67.68	122.6	280.4
Change	-	-524.04%	6.06%	-70.84%	-242.47%	-281.15%	128.75%
Announcement Date	5/27/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-

¹CAD in Million

Estimates

Forecast Financial Ratios: ATS Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	13.65%	14.03%	15.76%	15.57%	15.52%	14.32%	15.61%	16.3%
EBIT Margin (%)	11.01%	11.41%	13.4%	12.8%	13.11%	10.5%	12.35%	12.02%
EBT Margin (%)	4.72%	-	-	-	-	-	-	-
Net margin (%)	3.7%	4.48%	5.59%	4.94%	6.39%	2.93%	5.39%	5.25%
FCF margin (%)	-2.53%	10.74%	7.46%	1.84%	-2.23%	4.63%	9.65%	-
FCF / Net Income (%)	-68.47%	239.64%	133.41%	37.28%	-34.93%	157.86%	178.83%	-
Profitability
ROA	2.79%	4.57%	4.63%	3.85%	5.08%	3.4%	4.06%	4.42%
ROE	6.38%	7.27%	13.01%	12.09%	13.8%	8.51%	10.27%	10.72%
Financial Health
Leverage (Debt/EBITDA)	1.25x	1.22x	2.57x	2.74x	2.37x	3.53x	2.47x	1.82x
Debt / Free cash flow	-6.74x	1.59x	5.42x	23.13x	-16.51x	10.93x	4x	-
Capital Intensity
CAPEX / Current Assets (%)	3.18%	1.51%	2.44%	3.12%	1.94%	2.88%	2.92%	-
CAPEX / EBITDA (%)	23.29%	10.73%	15.49%	20.01%	12.5%	20.13%	18.72%	-
CAPEX / FCF (%)	-125.48%	14.03%	32.7%	169.03%	-86.93%	62.28%	30.31%	-
Items per share
Cash flow per share ¹	1.432	1.303	2.488	2.572	0.2113	-	-	-
Change	-	-9.03%	90.96%	3.36%	-91.78%	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	17.09	17.63	19.18	20.98
Change	-	-	-	-	-	3.16%	8.77%	9.38%
EPS ¹	0.57	0.69	1.31	1.38	1.97	0.788	1.592	1.626
Change	-	21.05%	89.86%	5.34%	42.75%	-60%	102%	2.19%
Nbr of stocks (in thousands)	92,283	92,077	92,260	91,795	98,945	97,927	97,927	97,927
Announcement Date	5/27/20	5/20/21	5/19/22	5/18/23	5/16/24	-	-	-