ATI INC (ATI)
Steel Pipe & Tubes
Latest Price
$187.44
TTM P/E
61.86
Normalized P/E
92.17
Div Yield
--
Book Value
12.95
P/B Ratio
14.47
Valuation metrics
adjust assumptions →EPS: $2.85
Book value / share: $13.27
Formula: √(22.5 × EPS × BVPS)
Graham Number
$29.18
84% downside
Norm. op. income: $366M (median of 7yr)
Tax rate: 20%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$11.78
94% downside
Base FCF: $168M (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$11.28
94% downside
EPS: $2.85
Target P/E: 92×
Formula: EPS × P/E
P/E Fair Value
$262.20
+40% upside
Institutional Ownership
89.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 16.44M | $2.39B | 12.05% | +1.77M | 2026-03-31 |
| Capital Research Global Investors | 6.16M | $895.0M | 4.51% | +2.55M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.12M | $890.0M | 4.49% | -- | 2026-03-31 |
| Capital International Investors | 5.88M | $854.0M | 4.31% | -11.21M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.82M | $846.0M | 4.27% | -- | 2026-03-31 |
| Capital World Investors | 5.71M | $831.0M | 4.19% | -1.64M | 2026-03-31 |
| STATE STREET CORP | 5.38M | $782.0M | 3.94% | -218.2K | 2026-03-31 |
| FMR LLC | 5.25M | $763.0M | 3.84% | +172.4K | 2026-03-31 |
| Invesco Ltd. | 3.86M | $560.0M | 2.83% | +470.7K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.95M | $428.0M | 2.16% | +528.2K | 2026-03-31 |