Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ATSTSX:ATS -2.32%76 EV-to-FCF is 13.21 as of Jul. 14, 2026, which is 38% below its 10-year median of 21.36. GuruFocus rates TSX:ATS with a GF Score™ of 76/100 and a GF Value™ of C$45.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,731 Industrial Products companies, ATS ranks better than 70.54% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ATS's Enterprise Value is C$4,907 Mil.
ATS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$371 Mil. Therefore, ATS's EV-to-FCF for today is 13.21.
The historical rank and industry rank for ATS's EV-to-FCF or its related term are showing as below:
TSX:ATS'
s EV-to-FCF Range Over the Past 10 Years
Min: -2102.24 Med: 21.36 Max: 484.85
Current: 13.21
During the past 13 years, the highest EV-to-FCF of ATS was 484.85. The lowest was -2102.24. And the median was 21.36.
TSX:ATS's EV-to-FCF is ranked better than 70.54% of 1731
companies
in the Industrial Products industry
Industry Median: 25.02
vs TSX:ATS: 13.21
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-14), ATS's stock price is C$38.70.
ATS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.720. Therefore, ATS's PE Ratio (TTM) for today is 53.75.
ATS (TSX:ATS) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ATS's share price for today is C$38.70.
ATS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.720.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ATS EV-to-FCF Related Terms
ATS EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ATS's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, ATS's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ATS EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ATS's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ATS's EV-to-FCF falls into.
ATS's current Enterprise Value is C$4,907 Mil.
ATS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$371 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ATS (TSX:ATS) has a EV-to-FCF of 13.21 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ATS and its competitors. This is 38% below median its historical median of 21.36. According to the industry distribution chart, ATS ranks #510 out of 1731 companies in the Industrial Products industry, placing it in the top 29.5%.
Is ATS's EV-to-FCF too high?
ATS's current EV-to-FCF of 13.21 is 38% below median its 10-year median of 21.36. The Industrial Products industry median EV-to-FCF is 25.02. ATS's value of 13.21 is 47.2% below this industry median. Based on the distribution chart, ATS ranks #510 out of 1731 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ATS has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ATS's EV-to-FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ATS ranks #510 out of 1731 companies for EV-to-FCF. This puts ATS in the upper half of its industry. The industry median EV-to-FCF is 25.02. ATS's value of 13.21 is 47.2% below this benchmark. While the company's 10-year median is 21.36 vs. the industry median of 25.02, ATS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.02, based on 1,731 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ATS's current EV-to-FCF of 13.21 is 47.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ATS and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ATS's current EV-to-FCF is 13.21, which is 38% below median its own 10-year median of 21.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATS stock overvalued right now?
Based on GuruFocus' analysis, ATS (TSX:ATS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$45.26, compared to a current price of C$38.70 — trading 14.5% below its estimated fair value. The current EV-to-FCF is 13.21, which is 38% below median its 10-year median of 21.36 and 47.2% below the Industrial Products industry median of 25.02. ATS's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For ATS (TSX:ATS), the current EV-to-FCF is 13.21 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ATS (TSX:ATS) Overvalued in 2026?
Based on GuruFocus' analysis, ATS stock appears to be undervalued.
The current stock price of C$38.70 is trading 14.5% below its estimated GF Value™ of C$45.26.
GuruFocus considers ATS to be Modestly Undervalued.
Key valuation signals for TSX:ATS:
EV-to-FCF: 13.21 (38% below median its 10-year median of 21.36)
GF Value™: C$45.26 vs. price of C$38.70 (14.5% below fair value)
Industry Position: 47.2% below the Industrial Products median (#510 of 1731)
No single metric tells the full story. See the TSX:ATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ATS Corp is an industry leader in planning, designing, building, commissioning and servicing automated manufacturing systems - including automation products and test solutions - for a broadly diversified base of customers. The Company's operations are reported as one operating segment, Automation Systems, which plans, allocates resources, builds capabilities and implements practices on a world'wide basis. The company has presence in Canada, United States, Germany, Italy, Other Europe, and Other.
76GF Score
Get the complete analysis for TSX:ATS
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:ATS has been successfully added to your 
