Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.09
ATK's Cash to Debt is ranked higher than
56% of the 256 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.71 vs. ATK: 0.09 )
ATK' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.46
Current: 0.09

0.01
0.46
Equity to Asset 0.31
ATK's Equity to Asset is ranked higher than
62% of the 262 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. ATK: 0.31 )
ATK' s 10-Year Equity to Asset Range
Min: 0.1   Max: 0.37
Current: 0.31

0.1
0.37
Interest Coverage 7.12
ATK's Interest Coverage is ranked higher than
66% of the 163 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 13.99 vs. ATK: 7.12 )
ATK' s 10-Year Interest Coverage Range
Min: 1.56   Max: 7.12
Current: 7.12

1.56
7.12
F-Score: 7
Z-Score: 2.69
M-Score: -2.44
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 10.77
ATK's Operating margin (%) is ranked higher than
86% of the 261 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 7.97 vs. ATK: 10.77 )
ATK' s 10-Year Operating margin (%) Range
Min: 2.26   Max: 12.69
Current: 10.77

2.26
12.69
Net-margin (%) 6.23
ATK's Net-margin (%) is ranked higher than
80% of the 261 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 5.29 vs. ATK: 6.23 )
ATK' s 10-Year Net-margin (%) Range
Min: -9.39   Max: 6.86
Current: 6.23

-9.39
6.86
ROE (%) 18.09
ATK's ROE (%) is ranked higher than
90% of the 252 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.68 vs. ATK: 18.09 )
ATK' s 10-Year ROE (%) Range
Min: -52.78   Max: 64.29
Current: 18.09

-52.78
64.29
ROA (%) 6.20
ATK's ROA (%) is ranked higher than
85% of the 262 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.72 vs. ATK: 6.20 )
ATK' s 10-Year ROA (%) Range
Min: -7.05   Max: 8.16
Current: 6.2

-7.05
8.16
ROC (Joel Greenblatt) (%) 30.36
ATK's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 261 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 26.53 vs. ATK: 30.36 )
ATK' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.73   Max: 46.03
Current: 30.36

2.73
46.03
Revenue Growth (%) -2.40
ATK's Revenue Growth (%) is ranked higher than
61% of the 241 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 5.60 vs. ATK: -2.40 )
ATK' s 10-Year Revenue Growth (%) Range
Min: -2.4   Max: 24.7
Current: -2.4

-2.4
24.7
EBITDA Growth (%) -1.90
ATK's EBITDA Growth (%) is ranked higher than
70% of the 220 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.30 vs. ATK: -1.90 )
ATK' s 10-Year EBITDA Growth (%) Range
Min: -5.4   Max: 38.8
Current: -1.9

-5.4
38.8
» ATK's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

ATK Guru Trades in Q1 2013

Joel Greenblatt 78,216 sh (+41.2%)
Paul Tudor Jones 14,500 sh (+17.89%)
Jean-Marie Eveillard 5,209,539 sh (+0.62%)
HOTCHKIS & WILEY 968,639 sh (+0.59%)
First Pacific Advisors 119,200 sh (unchged)
FPA Capital Fund 52,400 sh (unchged)
Steven Cohen Sold Out
David Dreman 602,376 sh (-1.72%)
Jeremy Grantham 17,146 sh (-5.09%)
Chuck Royce 7,200 sh (-10%)
» More
Q2 2013

ATK Guru Trades in Q2 2013

Jim Simons 185,500 sh (New)
Steven Cohen 4,800 sh (New)
Paul Tudor Jones 14,800 sh (+2.07%)
FPA Capital Fund 52,400 sh (unchged)
First Pacific Advisors 118,000 sh (-1.01%)
Jean-Marie Eveillard 5,113,639 sh (-1.84%)
HOTCHKIS & WILEY 925,739 sh (-4.43%)
David Dreman 435,876 sh (-27.64%)
Joel Greenblatt 50,587 sh (-35.32%)
Jeremy Grantham 10,246 sh (-40.24%)
Chuck Royce 3,200 sh (-55.56%)
» More
Q3 2013

ATK Guru Trades in Q3 2013

Steven Cohen 39,895 sh (+731.15%)
Paul Tudor Jones 18,400 sh (+24.32%)
FPA Capital Fund Sold Out
First Pacific Advisors Sold Out
Jeremy Grantham 8,206 sh (-19.91%)
Jean-Marie Eveillard 3,871,400 sh (-24.29%)
Jim Simons 122,800 sh (-33.8%)
Chuck Royce 2,100 sh (-34.38%)
Joel Greenblatt 19,822 sh (-60.82%)
David Dreman 115,057 sh (-73.6%)
HOTCHKIS & WILEY 201,539 sh (-78.23%)
» More
Q4 2013

ATK Guru Trades in Q4 2013

Louis Moore Bacon 10,000 sh (New)
Steven Cohen 162,074 sh (+306.25%)
Joel Greenblatt 50,496 sh (+154.75%)
Chuck Royce 2,100 sh (unchged)
David Dreman 102,760 sh (-10.69%)
Jeremy Grantham 6,802 sh (-17.11%)
Jean-Marie Eveillard 3,099,569 sh (-19.94%)
Jim Simons 85,400 sh (-30.46%)
Paul Tudor Jones 11,900 sh (-35.33%)
HOTCHKIS & WILEY 126,361 sh (-37.3%)
» More
» Details

Insider Trades

Latest Guru Trades with ATK

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2013-12-31 Reduce -19.94%0.22%$96.48 - $122.98 $ 140.9125%3099569
David Dreman 2013-12-31 Reduce -10.69%0.11%$96.48 - $122.98 $ 140.9125%102760
Joel Greenblatt 2013-12-31 Add 154.75%0.09%$96.48 - $122.98 $ 140.9125%50496
David Dreman 2013-09-30 Reduce -73.6%0.88%$82.61 - $101.57 $ 140.9148%115057
FPA Capital Fund 2013-09-30 Sold Out 0.54%$82.61 - $101.57 $ 140.9148%0
Jean-Marie Eveillard 2013-09-30 Reduce -24.29%0.32%$82.61 - $101.57 $ 140.9148%3871400
Joel Greenblatt 2013-09-30 Reduce -60.82%0.11%$82.61 - $101.57 $ 140.9148%19822
David Dreman 2013-06-30 Reduce -27.64%0.33%$69.73 - $82.33 $ 140.9186%435876
Joel Greenblatt 2013-06-30 Reduce -35.32%0.1%$69.73 - $82.33 $ 140.9186%50587
Joel Greenblatt 2013-03-31 Add 41.2%0.08%$61.96 - $72.43 $ 140.91112%78216
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Alliant Techsystems Inc

FPA Capital Comments on Alliant Techsystems - Oct 31, 2012

Alliant Techsystems (ATK) is our newest holding. The company’s Aerospace Systems segment develops and produces rocket motor systems for human and cargo launch vehicles, conventional and strategic missiles, missile defense interceptors, and small and micro-satellites. In addition, it provides composites to military and civil airplane manufacturers. The company’s Defense segment develops and produces military small, medium, and large caliber ammunition. It also provides defense electronics systems, missile subsystems and components, and propulsion and controls systems. Last, in its sporting segment, ATK produces ammunition and sells accessories for local law enforcement departments and the sport hunting/sport enthusiast markets.

We purchased our initial position in ATK below $45, or less than 6x trailing-twelve-months earnings and 55% of revenues to enterprise value. We believe the risk:reward ratio is very attractive at our entry point. At time of writing this commentary, ATK had rallied above $55 or roughly 30% higher than our cost basis.

From FPA Capital’s third quarter commentary.


Check out Robert Rodriguez latest stock trades

Top Ranked Articles about Alliant Techsystems Inc

Three Gurus Make Three Real-Time Reductions - ATK, BKU, AON
Three billionaire investors have recently reduced their positions by more than 29% in BankUnited Inc. (BKU), Alliant Techsystems Inc. (ATK) and Aon plc (AON), according to GuruFocus Real Time Picks. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 14.40
ATK's P/E(ttm) is ranked higher than
86% of the 223 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 19.80 vs. ATK: 14.40 )
ATK' s 10-Year P/E(ttm) Range
Min: 5.71   Max: 21.62
Current: 14.4

5.71
21.62
P/B 2.60
ATK's P/B is ranked higher than
63% of the 238 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.45 vs. ATK: 2.60 )
ATK' s 10-Year P/B Range
Min: 1.15   Max: 6.27
Current: 2.6

1.15
6.27
P/S 1.00
ATK's P/S is ranked higher than
65% of the 262 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.14 vs. ATK: 1.00 )
ATK' s 10-Year P/S Range
Min: 0.32   Max: 1.07
Current: 1

0.32
1.07
PFCF 17.80
ATK's PFCF is ranked higher than
76% of the 148 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 22.30 vs. ATK: 17.80 )
ATK' s 10-Year PFCF Range
Min: 6.4   Max: 135.69
Current: 17.8

6.4
135.69
EV-to-EBIT 11.80
ATK's EV-to-EBIT is ranked higher than
84% of the 233 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 14.80 vs. ATK: 11.80 )
ATK' s 10-Year EV-to-EBIT Range
Min: 4.8   Max: 15.4
Current: 11.8

4.8
15.4
PEG 3.20
ATK's PEG is ranked higher than
59% of the 185 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.57 vs. ATK: 3.20 )
ATK' s 10-Year PEG Range
Min: 0.57   Max: 3.81
Current: 3.2

0.57
3.81
Shiller P/E 17.10
ATK's Shiller P/E is ranked higher than
79% of the 209 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 21.97 vs. ATK: 17.10 )
ATK' s 10-Year Shiller P/E Range
Min: 6.09   Max: 26.67
Current: 17.1

6.09
26.67

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.80
ATK's Dividend Yield is ranked lower than
78% of the 181 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.80 vs. ATK: 0.80 )
ATK' s 10-Year Dividend Yield Range
Min: 0.27   Max: 1.76
Current: 0.8

0.27
1.76
Dividend Payout 0.11
ATK's Dividend Payout is ranked higher than
91% of the 161 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.30 vs. ATK: 0.11 )
ATK' s 10-Year Dividend Payout Range
Min: 0.08   Max: 0.14
Current: 0.11

0.08
0.14
Yield on cost (5-Year) 0.80
ATK's Yield on cost (5-Year) is ranked lower than
80% of the 188 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.12 vs. ATK: 0.80 )
ATK' s 10-Year Yield on cost (5-Year) Range
Min: 0.27   Max: 1.76
Current: 0.8

0.27
1.76
Share Buyback Rate 0.90
ATK's Share Buyback Rate is ranked higher than
91% of the 195 Companies
in the Global Aerospace & Defense industry.

( Industry Median: -0.60 vs. ATK: 0.90 )
ATK' s 10-Year Share Buyback Rate Range
Min: 10.9   Max: -10.1
Current: 0.9

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 1.30
ATK's Price/DCF (Projected) is ranked higher than
75% of the 182 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.40 vs. ATK: 1.30 )
ATK' s 10-Year Price/DCF (Projected) Range
Min: 0.51   Max: 2.89
Current: 1.3

0.51
2.89
Price/Median PS Value 1.20
ATK's Price/Median PS Value is ranked higher than
68% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.18 vs. ATK: 1.20 )
ATK' s 10-Year Price/Median PS Value Range
Min: 0.43   Max: 1.6
Current: 1.2

0.43
1.6
Earnings Yield (Greenblatt) 8.50
ATK's Earnings Yield (Greenblatt) is ranked higher than
85% of the 241 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.80 vs. ATK: 8.50 )
ATK' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.5   Max: 21
Current: 8.5

6.5
21
Forward Rate of Return (Yacktman) 7.78
ATK's Forward Rate of Return (Yacktman) is ranked higher than
76% of the 229 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 9.52 vs. ATK: 7.78 )
ATK' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 8.4   Max: 29.3
Current: 7.78

8.4
29.3

Business Description

Industry: Aerospace & Defense » Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, HON » details
Traded in other countries:AD9.Germany
Alliant Techsystems Inc, a Delaware corporation was incorporated in 1990. It is an aerospace, defense and commercial products company with operations in approximately 21 states, Puerto Rico, and internationally. The Company is producer of military small-caliber ammunition for use in soldier-carried weapons such as automatic and semi-automatic rifles and machine guns. It produces medium-caliber ammunition used by crew-served weapons on armored vehicles and aircraft. It also produces military large-caliber ammunition used by tanks. In addition, the Company is a producer of ammunition for the sport enthusiast and law enforcement markets. The Company manufactures solid rocket motors, supporting tactical, strategic, missile defense and space launch applications. Its large solid rocket motors support NASA's current and planned human spaceflight programs, including the Space Launch Systems heavy-lift vehicle and the International Space Station Cargo Resupply Services. The Company produces other large solid rocket motors used to launch a variety of strategic missiles and launch vehicles for satellite insertions or deep-space scientific exploration, including the Trident II ('D5') and Minuteman III which provide strategic deterrence capability for the United States and its allies; Ground-based Missile Defense interceptors, Standard Missile interceptors, and missile defense targets; and Graphite Epoxy Motors and Orion Motors for launch vehicles such as the Delta II, Delta IV, Minotaur, Taurus, and Antares. The Company also produces smaller solid rocket motors for tactical missiles such as the Hellfire and Maverick. It has three operating segments namely Aerospace Group, Defense Group, and Sporting Group. The Aerospace Group develops and produces rocket motor systems for human and cargo launch vehicles, conventional and strategic missiles, missile defense interceptors, small and micro-satellites, satellite components, structures and subsystems, lightweight space deployables and solar arrays, and provides engineering and technical services. The Defense Group develops and produces military small-, medium-, and large-caliber ammunition, precision munitions, gun systems, and propellant and energetic materials. The Sporting Group develops and produces ammunition and accessories sold to sporting, law enforcement, U.S. Government, and international markets. The Company's sales come mainly from contracts with agencies of the U.S. Government and its prime contractors and subcontractors. The Company faces competition from a number of competitors in each business area. In Aerospace Systems its competitors include Aerojet-General Corporation; Kilgore Flares Company, LLC, Pratt & Whitney Rocketdyne, Inc. In Defense group its competitors include General Dynamics Corporation; Lockheed Martin Corporation; Raytheon Company; Pratt & Whitney Space and Missile Propulsion. In Sporting group, its competitors are Winchester Ammunition of Olin Corporation; Remingt

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide