Atmos Fundamentals

ATO
 Stock
  

USD 117.92  0.26  0.22%   

Atmos Energy Corp fundamentals help investors to digest information that contributes to Atmos Energy's financial success or failures. It also enables traders to predict the movement of Atmos Stock. The fundamental analysis module provides a way to measure Atmos Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Atmos Energy stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Atmos Energy Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 1.74 Billion. Cost of Revenue is expected to rise to about 1.2 B this year, although the value of Consolidated Income will most likely fall to about 634.4 M.

Atmos Total Asset Analysis

Atmos Energy's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
 2019 2020 2021 2022 (projected)
Revenue Per Employee599.37 K727.47 K836.6 K885.26 K
Net Income Per Employee127.78 K142.09 K127.88 K101.54 K
Total Asset 
 = 
Tangible Assets 
Intangible Assets 
More About Total Asset | All Equity Analysis

Current Atmos Energy Total Asset

    
  10.01 B  
Most of Atmos Energy's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atmos Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Atmos Total Asset Historical Pattern

Today, most investors in Atmos Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Atmos Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Atmos Energy total asset as a starting point in their analysis.
   Atmos Energy Total Asset   
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       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Compare to competition

Atmos Total Assets

Total Assets

18.26 Billion

Atmos Energy Total Assets are quite stable at the moment as compared to the past year. The company's current value of Total Assets is estimated at 18.26 Billion
Based on the latest financial disclosure, Atmos Energy Corp has a Total Asset of 10.01 B. This is 75.18% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The total asset for all United States stocks is 66.03% higher than that of the company.

Atmos Energy Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Atmos Energy's current stock value. Our valuation model uses many indicators to compare Atmos Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Atmos Energy competition to find correlations between indicators driving Atmos Energy's intrinsic value. More Info.
Atmos Energy Corp is number one stock in number of employees category among related companies. It is number one stock in total asset category among related companies fabricating about  2,137,252  of Total Asset per Number of Employees. The value of Total Assets is estimated to slide to about 18.3 B. The value of Total Assets Per Share is estimated to slide to 111.83. Comparative valuation analysis is a catch-all model that can be used if you cannot value Atmos Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Atmos Energy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Atmos Energy's earnings, one of the primary drivers of an investment's value.

Atmos Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atmos Energy's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atmos Energy could also be used in its relative valuation, which is a method of valuing Atmos Energy by comparing valuation metrics of similar companies.
Atmos Energy is currently under evaluation in current liabilities category among related companies.

Atmos Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Atmos Energy from analyzing Atmos Energy's financial statements. These drivers represent accounts that assess Atmos Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Atmos Energy's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee130.31 K107.08 K127.78 K142.09 K127.88 K101.54 K
Revenue Per Employee673.2 K607.59 K599.37 K727.47 K836.6 K885.26 K
Average Assets11.5 B12.88 B14.83 B18.7 B21.51 B17.54 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.08 B1.14 B1.26 B1.38 B1.59 B1.4 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.08 B1.14 B1.26 B1.38 B1.59 B1.4 B
Earnings before Tax611.14 M650.31 M746.8 M819.3 M942.19 M811.09 M
Average Equity4.7 B5.56 B6.42 B7.68 B8.83 B7.01 B
Enterprise Value13.74 B17.14 B16.11 B18.34 B21.09 B17.47 B
Free Cash Flow(342.93 M)(724.71 M)(897.68 M)(3.05 B)(2.75 B)(2.82 B)
Invested Capital12.86 B15.4 B18.36 B22.58 B25.97 B20.87 B
Invested Capital Average12.7 B14.71 B17.58 B22.69 B26.1 B20.75 B
Market Capitalization10.44 B13.46 B11.79 B11.54 B13.27 B11.43 B
Tangible Asset Value11.14 B12.64 B14.63 B18.88 B21.71 B17.39 B
Working Capital(1.44 B)(751.41 M)(311.14 M)(671.64 M)(604.48 M)(652.2 M)

Atmos Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Atmos Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atmos Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Atmos Fundamentals

About Atmos Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atmos Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atmos Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atmos Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue929.4 M1.2 B
Revenues3.1 BB
Revenue to Assets 0.20  0.21 
Revenue Per Employee836.6 K885.3 K
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas. Atmos Energy operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 4684 people.

Atmos Energy Investors Sentiment

The influence of Atmos Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Atmos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Atmos Energy's public news can be used to forecast risks associated with investment in Atmos. The trend in average sentiment can be used to explain how an investor holding Atmos can time the market purely based on public headlines and social activities around Atmos Energy Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Atmos Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Atmos Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Atmos Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Atmos Energy.

Atmos Energy Implied Volatility

    
  44.04  
Atmos Energy's implied volatility exposes the market's sentiment of Atmos Energy Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Atmos Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Atmos Energy stock will not fluctuate a lot when Atmos Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atmos Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atmos Energy's short interest history, or implied volatility extrapolated from Atmos Energy options trading.

Pair Trading with Atmos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atmos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Energy

0.66AESAes Corp Upward RallyPairCorr
The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atmos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atmos Energy Corp to buy it.
The correlation of Atmos Energy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atmos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Atmos Energy Piotroski F Score and Atmos Energy Altman Z Score analysis. Note that the Atmos Energy Corp information on this page should be used as a complementary analysis to other Atmos Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Atmos Stock analysis

When running Atmos Energy Corp price analysis, check to measure Atmos Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atmos Energy is operating at the current time. Most of Atmos Energy's value examination focuses on studying past and present price action to predict the probability of Atmos Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atmos Energy's price. Additionally, you may evaluate how the addition of Atmos Energy to your portfolios can decrease your overall portfolio volatility.
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Is Atmos Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atmos Energy. If investors know Atmos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atmos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.18
Market Capitalization
16.4 B
Quarterly Revenue Growth YOY
0.35
Return On Assets
0.0279
Return On Equity
0.0882
The market value of Atmos Energy Corp is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Atmos Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.