ATI Inc.

ATI Inc.

ATIยทNYSE

$179.94

+0.82%
IndustrialsManufacturing - Metal Fabrication

ATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. The segment serves aerospace and defense, medical, and energy markets. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products, and titanium products. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was founded in 1960 and is headquartered in Dallas, Texas.

At a Glance

Live Snapshot
Market Cap$24.56B
EPS2.9200
P/E Ratio61.62
Earnings Date07/30/2026
ATI Inc.

ATI Inc. Fair Value Envelope

ATI ยท NYSE

Our analysis suggests that ATI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $179.94, this represents a potential HIDDEN relative to our calculated worth for ATI Inc..

Intrinsic Value
Current Price: $179.94

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$4,714.7B
+ Cash & Equivalents$416.7M
Firm Value$4,715.1B
- Debt$1.9B
Equity Value$4,713.2B
/ Shares Outstanding135,863,661B
DCF Value$34.7K
UNDERVALUED BY 19179%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.2B
$2.4B
$4.8B
$9.5B
$18.9B
$37.6B
$74.6B
$148.1B
$294.1B
$583.8B
Maintenance CapEx
-$111.4M
-$221.2M
-$439.0M
-$871.5M
-$1.7B
-$3.4B
-$6.8B
-$13.5B
-$26.9B
-$53.3B
Owner Earnings
$1.1B
$2.2B
$4.4B
$8.7B
$17.2B
$34.2B
$67.8B
$134.6B
$267.2B
$530.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.0B
$1.9B
$3.5B
$6.4B
$11.7B
$21.5B
$39.6B
$72.7B
$133.7B
$245.7B
Terminal Value represents 88.6% of Enterprise Value