AMTM

Amentum Holdings, Inc.

$19.87

+2.00% 2026-10-20

IndustrialsS&P 600

1M 3M 6M 1Y 2Y

AMTMSPY

+7.3%

+1.4%

-5.3%

-28.1%

YTD

-31.5%

-13.2%

Live chart

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Grades vs sector

Momentum

17th pct in sector

12-1 return: -19.1%
Percentile within its GICS sector across the S&P 1500.

Growth

7th pct in sector

Revenue growth (YoY): -2.0%
Percentile within its GICS sector across the S&P 1500.

Value

96th pct in sector

A+

Forward E/P: 13.5% · EBITDA/EV: 12.2%
Percentile within its GICS sector across the S&P 1500.

Profitability

13th pct in sector

D-

Profit margin: +1.4% · Return on equity: +4.3%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Top 15

not ranked (outside this model's universe or screens)

Momentum Blend

not in the current book

New Highs Growth

not ranked (outside this model's universe or screens)

Conviction 20

not in the current book

News

More news

Amentum Opens Global Nuclear Headquarters in Oak Ridge, Tennessee

Business Wire · Oct 08

Stocks making big moves yesterday: Amentum, B&G Foods, Marvell Technology, Freshworks, and Seagate

StockStory · Oct 07

Government & Technical Consulting Stocks Q2 In Review: Amentum (NYSE:AMTM) Vs Peers

StockStory · Oct 07

Why Amentum (AMTM) Stock Is Up Today

StockStory · Oct 06

Amentum Shares Rise After BNP Paribas Upgrade

MT Newswires · Oct 06

Key stats

Market cap$4.9B

P/E (trailing)23.9

P/E (forward)7.5

52-week range17.72 – 38.11

Revenue growth (YoY, latest qtr)-2.0%

Dividend yield0.00%

Analyst consensusBuy (12)

Mean price target$29.33 (+48%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Looks undervalued

Model read-out from the numbers below, not advice. Score +3 (DCF counts double).

▲DCF (base case)above the price by 190%

▲Forward P/E vs sector7.5x vs median 17.1x

•Piotroski F-score6/9

•Altman Z2.0 (grey)

▼Net debt / EBITDA5.6x

▲Analyst target+48% (12 analysts)

Discounted cash flow

Bear

$27

+35%

growth 6% · disc. 8.0% · term. 2.0%

Base

$58

+190%

growth 11% · disc. 7.0% · term. 2.5%

Bull

$113

+468%

growth 14% · disc. 6.0% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price implies shrinking cash flows: about -1% a year for 10 years.

Implied

-1%/yr

FCF, last 3 yrs

+68%/yr

FCF, last 5 yrs

n/a

Revenue, last 3 yrs

+23%/yr

Revenue, last 5 yrs

n/a

Same inputs as the DCF above: trailing free cash flow 0.5B, 7.0% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-07-03). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.31 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)

sector median 26.4× · 41st pct

23.9×
cheaper

Forward P/E

sector median 17.1× · 3rd pct

7.5×
cheaper

EV / EBITDA

sector median 14.8× · 45th pct

13.8×
cheaper

Price / sales

sector median 2.1× · 4th pct

0.3×
cheaper

Price / book

sector median 3.5× · 4th pct

1.0×
cheaper

FCF yield

sector median 4.5% · 84th pct

9.8%
cheaper

Forward EPS $2.64 vs trailing $0.83 (+218% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$8.9B

as of 2026-07-03

vs a year ago

-6%

YoY

× TTM revenue

0.63×

coverage

24-09

24-12

25-03

25-06

25-10

26-01

26-04

26-07

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

10.2%

Operating margin

4.2%

FCF margin

3.4%

Net margin

1.4%

Return on equity

4.3%

Return on invested capital

5.5%

Net debt / EBITDA

5.6×

Current ratio

1.5×

Interest cover

–

Cash conversion (OCF/NI)

2.5×

Piotroski F-score 6/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✓ Asset turnover improved

Altman Z-score 2.0 (grey zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$29

+48%

Analysts

Buy

Range

$20–$40

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$14.4B	$66.0M	$516.0M
2024	$8.4B	$-82.0M	$36.0M
2023	$7.9B	$-314.0M	$55.0M
2022	$7.7B	$-84.0M	$108.0M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +23.3%.

Earnings

Next report: 2026-12-14 · during market · EPS est 0.66

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-08-10	0.61	0.67	+9.7%
2026-05-11	0.57	0.61	+6.8%
2026-02-09	0.52	0.54	+4.4%
2025-11-24	0.59	0.63	+6.5%
2025-08-05	0.53	0.56	+5.1%
2025-05-06	0.47	0.53	+12.4%
2025-02-04	0.45	0.51	+12.5%
2024-12-16	0.25	0.47	+88.0%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$3.5B	-2.0%
2026-03-31	$3.5B	–
2025-12-31	$3.2B	–
2025-09-30	$3.9B	–
2025-06-30	$3.6B	–

Analyst actions

BNP Paribas

2026-10-06 · up

Underperform → Neutral
PT $20

JP Morgan

2026-08-17 · main

Neutral → Neutral
PT $26

RBC Capital

2026-08-12 · main

Sector Perform → Sector Perform
PT $26

UBS

2026-08-12 · main

Neutral → Neutral
PT $24

BTIG

2026-08-12 · main

Buy → Buy
PT $30

B of A Securities

2026-07-20 · main

Neutral → Neutral
PT $30

Insider trades

None

None · None

SELL
–

Stats refreshed 2026-10-20 18:02:55 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

coteau

Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.

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