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DCF valuation

What is Atkore Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Atkore Inc.'s reported free cash flow gives $202.59 per share. The share price was $94.57 on September 25, 2026, 53% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$295.7M
Average free cash flow, last 5 years
$488.6M
Cash
$346.2M
balance sheet of June 26, 2026
Debt
$760.2M
balance sheet of June 26, 2026
Diluted shares, fiscal 2025
34,035,000
Revenue growth per year, last 5 years
10.1%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear5.0%3.5%2.0%10.0%$119.20+26%
Base10.0%6.5%2.5%9.0%$202.59+114%
Bull15.0%9.0%3.0%8.0%$358.12+279%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$264.06$283.02$306.19$335.15$372.38
8.0%$218.04$230.33$244.86$262.30$283.60
9.0%$184.48$192.89$202.59$213.90$227.27
10.0%$158.97$164.95$171.73$179.47$188.40
11.0%$138.96$143.34$148.24$153.75$160.00

Where the presets come from

Base: years 1 to 5 grow at Atkore Inc.'s revenue growth rate over the last 5 fiscal years (10.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Atkore Inc. company page