ATI INC (ATI)
Steel Pipe & Tubes
Latest Price
$188.15
TTM P/E
55.01
Normalized P/E
87.51
Div Yield
--
Book Value
13.75
P/B Ratio
13.68
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: 88×
Formula: EPS × P/E
P/E Fair Value
$250.80
+33% upside
Institutional Ownership
94.2% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 18.71M | $3.69B | 13.74% | +2.27M | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.22M | $1.23B | 4.57% | +398.4K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.16M | $1.21B | 4.53% | +38.3K | 2026-06-30 |
| Capital World Investors | 5.25M | $1.03B | 3.85% | -463.7K | 2026-06-30 |
| STATE STREET CORP | 5.24M | $1.03B | 3.85% | -143.7K | 2026-06-30 |
| Capital Research Global Investors | 5.09M | $1.00B | 3.74% | -1.07M | 2026-06-30 |
| FMR LLC | 4.99M | $983.0M | 3.66% | -258.0K | 2026-06-30 |
| Capital International Investors | 3.72M | $733.0M | 2.73% | -2.16M | 2026-06-30 |
| Invesco Ltd. | 3.45M | $679.0M | 2.53% | -406.4K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.78M | $547.0M | 2.04% | -169.8K | 2026-06-30 |