COMPARE · Data as of August 21, 2026
ATS vs MWA
Verdict: Side-by-side breakdown using the Bull Rankings model. ATS scored 27.4, MWA scored 72.1 — MWA leads.
Compare another set
Different reporting periods. MWA's fundamentals are as of June 2026, but ATS's are as of March 2025 — a 15-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
ATS
ATS Corporation
27.4
$19.74 · $1.9B
fundamentals as of
Score gap
44.7
MWA leads
MWA
MUELLER WATER PRODUCTS
72.1
$24.94 · $3.9B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestMWA17.6x
- Fastest growthMWA+5.9%
- Strongest balance sheetMWA0.40
- Highest qualityMWA75 / 100
- Largest discount to fair valueATS-34%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
ATS
stronger →← stronger
MWA
35
Qualityreturns · margins · balance sheet
75
14
Growthrevenue & earnings expansion
65
47
Valuevaluation vs sector peers
77
MWA is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
ATS
MWA
$149mC
FCF
$180mC
-16.5%F
Rev
+5.9%C+
0.78B
D/E
0.40B+
56.4xD
P/E
17.6xA-
2.09C
PEG
1.02B+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
ATS
MWA
34% below
Price vs fair valuelower is cheaper
52% above
~4%/yr
Growth the price implies10-yr FCF · lower = less priced in
~13%/yr
+16%
1-yr DCF upside
-33%
+52%
5-yr DCF upside
-34%
+123%
10-yr DCF upside
-35%
These two disagree on this pair: the Value pillar ranks cheapness against sector peers, while price-vs-fair-value is an absolute read. A name can be the better value in its sector and still the dearer one on cash flows.
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
ATS
Why this score
- Foreign reporter (CAD)
MWA
No notable signals flagged.
The companies
ATSATS Corporation
Why now
Specialty Industrial Machinery · market cap $1.9b. Down 45% from 52-week high of $35.82 — deep drawdown territory. Revenue -16% — in contraction; any catalyst that reverses this triggers re-rating.
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Trailing P/E 56.4x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. Revenue contracting -16% — the operational turn is not yet visible in the top line. Currently unprofitable (margin -1.1%) — path to GAAP profitability is the core thesis risk.
MWAMUELLER WATER PRODUCTS
Why now
Specialty Industrial Machinery · market cap $3.9b. 20% off the 52-week high of $31.00. 6 sell-side analysts rate this a Buy with a mean 1-yr target of $31.00 (implying +24% upside).
Moat
Net margin 15% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 20% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where ATS and MWA diverge
On the headline score the gap is 44.7 points in favor of MWA. The widest single difference is Growth, where MWA leads by 50.7 points.
- GrowthATS 14.3 · MWA 65.0MWA +50.7
- QualityATS 35.4 · MWA 75.0MWA +39.6
- ValueATS 47.4 · MWA 76.9MWA +29.5
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.