GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atmus Filtration Technologies Inc (NYSE:ATMU) » Definitions » Piotroski F-Score

ATMU (Atmus Filtration Technologies) Piotroski F-Score : 5 (As of Mar. 17, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Atmus Filtration Technologies Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Atmus Filtration Technologies has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Atmus Filtration Technologies's Piotroski F-Score or its related term are showing as below:

ATMU' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 6
Current: 5

During the past 5 years, the highest Piotroski F-Score of Atmus Filtration Technologies was 6. The lowest was 5. And the median was 6.


Atmus Filtration Technologies Piotroski F-Score Historical Data

The historical data trend for Atmus Filtration Technologies's Piotroski F-Score 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.

* Premium members only.

Atmus Filtration Technologies Piotroski F-Score Chart

Atmus Filtration Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
N/A N/A N/A 6.00 5.00

Atmus Filtration Technologies Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 N/A N/A N/A 5.00

Competitive Comparison of Atmus Filtration Technologies's Piotroski F-Score

For the Pollution & Treatment Controls subindustry, Atmus Filtration Technologies's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Atmus Filtration Technologies's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atmus Filtration Technologies's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Atmus Filtration Technologies's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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.

This Year (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 45.5 + 56.2 + 43.8 + 40.1 = $186 Mil.
Cash Flow from Operations was -8.2 + 22.9 + 70.7 + 20 = $105 Mil.
Revenue was 426.6 + 432.6 + 403.7 + 406.7 = $1,670 Mil.
Gross Profit was 111.8 + 131.9 + 111.3 + 107.1 = $462 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(1088.6 + 1104.2 + 1177.3 + 1218.1 + 1190.3) / 5 = $1155.7 Mil.
Total Assets at the begining of this year (Dec23) was $1,089 Mil.
Long-Term Debt & Capital Lease Obligation was $597 Mil.
Total Current Assets was $755 Mil.
Total Current Liabilities was $345 Mil.
Net Income was 52.7 + 46.2 + 37.6 + 34.8 = $171 Mil.

Revenue was 418.6 + 413.6 + 396.2 + 399.7 = $1,628 Mil.
Gross Profit was 109.8 + 114.4 + 102.9 + 105.6 = $433 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(867.4 + 1007.7 + 1040 + 1026.1 + 1088.6) / 5 = $1005.96 Mil.
Total Assets at the begining of last year (Dec22) was $867 Mil.
Long-Term Debt & Capital Lease Obligation was $611 Mil.
Total Current Assets was $693 Mil.
Total Current Liabilities was $375 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Atmus Filtration Technologies's current Net Income (TTM) was 186. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Atmus Filtration Technologies's current Cash Flow from Operations (TTM) was 105. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec23)
=185.6/1088.6
=0.17049421

ROA (Last Year)=Net Income/Total Assets (Dec22)
=171.3/867.4
=0.19748674

Atmus Filtration Technologies's return on assets of this year was 0.17049421. Atmus Filtration Technologies's return on assets of last year was 0.19748674. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Atmus Filtration Technologies's current Net Income (TTM) was 186. Atmus Filtration Technologies's current Cash Flow from Operations (TTM) was 105. ==> 105 <= 186 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=596.6/1155.7
=0.51622393

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=611/1005.96
=0.60738002

Atmus Filtration Technologies's gearing of this year was 0.51622393. Atmus Filtration Technologies's gearing of last year was 0.60738002. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec24)=Total Current Assets/Total Current Liabilities
=755/344.9
=2.1890403

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=693/375
=1.848

Atmus Filtration Technologies's current ratio of this year was 2.1890403. Atmus Filtration Technologies's current ratio of last year was 1.848. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Atmus Filtration Technologies's number of shares in issue this year was 83.6. Atmus Filtration Technologies's number of shares in issue last year was 83.4. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=462.1/1669.6
=0.27677288

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=432.7/1628.1
=0.26576992

Atmus Filtration Technologies's gross margin of this year was 0.27677288. Atmus Filtration Technologies's gross margin of last year was 0.26576992. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec23)
=1669.6/1088.6
=1.53371303

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=1628.1/867.4
=1.8769887

Atmus Filtration Technologies's asset turnover of this year was 1.53371303. Atmus Filtration Technologies's asset turnover of last year was 1.8769887. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+0+1+1+0+1+0
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Atmus Filtration Technologies has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Atmus Filtration Technologies  (NYSE:ATMU) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Atmus Filtration Technologies Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Atmus Filtration Technologies's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Atmus Filtration Technologies Business Description

Traded in Other Exchanges
N/A
Address
26 Century Boulevard, Nashville, TN, USA, 37214
Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. It designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. Atmus offers products for first-fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, fuel additives, and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.
Executives
Gretchen R Haggerty director
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Renee Swan officer: Chief People Officer 26 CENTURY BOULEVARD, ONE CENTURY PLACE, SUITE 500, NASHVILLE TN 37214
Cummins Inc 10 percent owner BOX 3005 MAIL CODE 60207, 500, COLUMBUS IN 47202-3005
Nathan R Stoner director 500 JACKSON STREET, COLUMBUS IN 47201
Jane A Leipold director C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Mark Andrew Smith director 500 JACKSON STREET, COLUMBUS IN 47201
Earl Newsome director 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Tony Satterthwaite director 1400 73RD AVENUE NE, MINNEAPOLIS MN 55432
Mark Osowick officer: Chief Human Resources Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Steph Disher director, officer: Chief Executive Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Toni Hickey officer: Chief Legal Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Cristina Burrola director 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Charles Masters officer: VP, Engine Products 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Roy Edwin Bennett director 26 CENTURY BOULEVARD, NASHVILLE TN 37214