Is ATI, Inc. (Texas) overvalued or undervalued?

As of 3 September 2025, the valuation grade for ATI, Inc. (Texas) has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 29, an EV to EBITDA of 17.95, and a Price to Book Value of 6.34. In comparison, peers such as Carpenter Technology Corp. have a much higher P/E of 38.67, indicating that ATI is relatively more attractively priced within its industry.
The company's strong performance is also reflected in its returns, with a year-to-date return of 46.22%, significantly outperforming the S&P 500's return of 12.22% over the same period. This suggests that ATI, Inc. is not only fairly valued but also a strong performer in the market relative to its benchmark.