Stock fact sheet · data as of
ATS Corporation (ATS): fair value, margin of safety and Wheel Score
Industrials · Industrial - Machinery · Canada · ADR · Blend
Is ATS undervalued?
At 18.09 (close of 16 Oct 2026), ATS trades within a few percent of the GLS average fair value of 17.64 (2.6% above fair value). 8 models produced a value and they split 2 above the price to 6 below. A stock priced at fair value earns about half of the Wheel Score's Value points; the rest of the score comes from health, moat, premium and stability.
The 8 models disagree widely: EPV gives 3.77 while 10 Cap gives 54.07. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files ATS under Blend.
Nine valuation models for ATS
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 14.10 | -22% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 14.10 | -22% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 16.01 | -12% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.75 | -63% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 7.66 | -58% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 54.07 | +199% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 24.67 | +36% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 3.77 | -79% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -8.71 | -148% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 34.00 | +88% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health ATS scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 6.5 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 2.2%, ROE 4.0%, ROA 1.7% - with debt at 0.81 times equity and a free-cash-flow yield of 9.3%.
ATS Corporation pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 2.2% |
|---|---|---|---|
| GLS Moat | 6.5 / 10 | ROE | 4.0% |
| Debt / equity | 0.81 | ROA | 1.7% |
| Free-cash-flow yield | 9.3% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 67: Good
ATS scores 67 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 11/25), Piotroski health (16/20), the GLS moat (10/15), the option premium on offer (18/20) and how easily the stock trades (12/20). Value (11/25) is the part holding the score back.
Implied volatility is 69% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (18 of 20) because volatility this high usually comes with a reason. Chain open interest is thin - 435 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 314k shares a day on a market cap of $1.8B, with a beta of 1.16; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 11 / 25 | -3% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 10 / 15 | moat 6.5/10 | |
| Premium | 18 / 20 | implied volatility 69% | |
| Stability | 12 / 20 | 314k shares/day, $1.8B cap, beta 1.16 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 4 Nov 2026 (before the open), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Industrial - Machinery
The 12 companies below are the closest to ATS Corporation by market cap within the Industrial - Machinery industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| EPAC Enerpac Tool Group Corp. | 35.07 | 47.54 | +26% | 86Prime | $1.8B |
| MFP Midera Food Processing, Inc. | 40.59 | 13.58 | -199% | 35Weak | $1.8B |
| ALG Alamo Group Inc. | 152.62 | 237.97 | +36% | 71Good | $1.9B |
| GRC The Gorman-Rupp Company | 72.14 | 72.39 | +0% | 70Good | $1.9B |
| HLIO Helios Technologies, Inc. | 67.86 | 38.79 | -75% | 59Fair | $2.2B |
| TNC Tennant Company | 65.66 | 30.28 | -117% | 43Weak | $1.1B |
| PSIX Power Solutions International, Inc. | 46.61 | 85.18 | +45% | 66Good | $1.1B |
| KAI Kadant Inc. | 258.72 | 176.98 | -46% | 54Fair | $3.1B |
| CXT Crane NXT, Co. | 54.27 | 42.09 | -29% | 53Fair | $3.1B |
| SXI Standex International Corporation | 273.48 | 129.49 | -111% | 49Weak | $3.4B |
| MWA Mueller Water Products, Inc. | 21.65 | 26.66 | +19% | 83Prime | $3.4B |
| PLOW Douglas Dynamics, Inc. | 39.87 | 32.08 | -24% | 60Fair | $920M |
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Start free See the Sunday ScanQuestions about ATS
Is ATS undervalued right now?
Not meaningfully: at 18.09 the stock trades within a few percent of the GLS average fair value of 17.64 (2.6% above fair value, data as of 16 Oct 2026).
What is the Wheel Score of ATS and what does it mean?
ATS scores 67 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for ATS?
17.64 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does ATS Corporation report earnings next?
The next earnings report is due on 4 Nov 2026 (before the open), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ATS have listed options, and how liquid are they?
Yes. The nightly snapshot found 128 listed contracts with 435 open interest across all expiries and implied volatility of 69% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.