Atmus Filtration Technologies Inc.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$41.20
Market Price
$46.18
Overvalued By
12.1%
Method: 10-year unlevered FCF DCF: $220M normalized unlevered FCF base (TTM levered FCF of $190.4M plus after-tax interest add-back on $1.06B debt); 6% annual growth years 1-5, 3.5% years 6-10; 9% discount rate; 2.5% terminal growth; $801M net debt; 81.6M shares outstanding.
Reasoning: Atmus Filtration is a stable, cash-generative aftermarket diesel and industrial filtration business spun off from Cummins in 2023, so a standard unlevered FCF DCF with growth tapered for a mature, replacement-demand-driven business fits well.