Atkore Inc. (ATKR) vs Acuity, Inc. (AYI)

Atkore Inc. and Acuity, Inc. are both Electrical Equipment & Parts companies. Acuity, Inc. is the larger, with a market value of $9.3B against $3.2B — 2.9× the size. Atkore Inc. has negative trailing earnings, so its P/E is not meaningful; Acuity, Inc. trades at 20.7×. Acuity, Inc. grew revenue faster over the last twelve months: 10.5% against 1.63%. Acuity, Inc. has the higher net margin (10.3% vs −5.51%) and the higher return on invested capital (13.3% vs 1.39%). Both pay a dividend; Atkore Inc. yields more (0.33% vs 0.22%). Across the 22 metrics below, Acuity, Inc. leads on 16 and Atkore Inc. on 6.

Valuation

Metric ATKR AYI Electrical Equipment & Parts median
P/E n/m 20.67 36.10
P/S 1.09 2.10 2.73
P/B 2.50 3.39 3.57
Price to free cash flow 50.60 15.12 33.31
EV/EBITDA 18.07 12.09 18.07
EV/Sales 1.23 2.18 2.75
Earnings yield (5.12%) 4.84% (5.84%)
Free cash flow yield 1.98% 6.61% 0.00%

Profitability

Metric ATKR AYI Electrical Equipment & Parts median
Gross margin 19.98% 49.31% 25.38%
Operating margin 1.28% 14.49% 0.00%
Net margin (5.51%) 10.25% 0.00%
Free cash flow margin 2.15% 13.88% 0.00%
Return on equity (11.79%) 17.38% 0.94%
Return on assets (5.71%) 10.18% (1.50%)
Return on invested capital 1.39% 13.30% 0.00%

Growth

Metric ATKR AYI Electrical Equipment & Parts median
Revenue growth (TTM) 1.63% 10.50% 9.28%
EPS growth (last fiscal year) (103.55%) (6.77%) —
Revenue growth, 5-year CAGR 10.06% 5.49% 9.80%
Net income growth, 5-year CAGR 0.00% 9.82% 0.00%

Health

Metric ATKR AYI Electrical Equipment & Parts median
Debt to equity 0.60 0.24 0.08
Current ratio 2.73 2.05 2.18
Net debt to EBITDA 1.37 0.68 0.26

Dividend

Metric ATKR AYI Electrical Equipment & Parts median
Dividend yield 0.33% 0.22% 0.84%
Payout ratio 0.00 0.05 0.00

Size

Metric ATKR AYI Electrical Equipment & Parts median
Market cap 3.19b 9.26b 177.98m

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