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Atmus is one of the global leaders of filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining and power generation vehicles and equipment. Atmus designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide superior asset protection.
$51.36
$1.09 (-2.08%)
EOD Jul 17, 2026
16.95% operating margin is respectable but not wide. ROIC at 25.95%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 5.7%, steady but not accelerating.
Even for strong businesses, today's 20x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
20.1x earnings, 26.7x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.83B
▲ +5.7% YoY
Net Income (TTM)
$211M
▲ +11.7% YoY
Op. Margin
17.01%
▲ +1.0pp YoY
ROIC
23.07%
▼ -1.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$158M
▲ +162.0% YoY
Op. Cash Flow (TTM)
$212M
▲ +92.3% YoY
Net Debt
$850M
Cash & Equiv.
$210M
3Y CAGR: +4.1%
3Y CAGR: +5.1%
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At a P/E of 20.1 and a price-to-free-cash-flow of 26.7, Atmus Filtration Technologies (ATMU) trades above a two-stage DCF intrinsic value of about $23.03 per share, so at $51.36 the stock looks overvalued (55.2% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Atmus Filtration Technologies scores 68/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $23.03 per share for ATMU, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $17.27. At today's $51.36, that puts the stock about 55.2% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Atmus Filtration Technologies scores 68 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 17.0% operating margin and a 23.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Atmus Filtration Technologies pays a regular dividend of about $0.21 per share per year (typically in quarterly installments), a yield of roughly 0.4% at the current price. That is a payout ratio of about 8.3% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ATMU's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ATMU currently trades above its estimated intrinsic value and scores 68/100 on quality (solid). It also yields about 0.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.