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Stock impact report

Atmus Filtration Technologies: Resorting To M&A To Accelerate Growth [Seeking Alpha]

Atmus Filtration Technologies Inc. (ATMU) 
Company Research Source: Seeking Alpha
ATMU recently announced the $450 million acquisition of Koch Filter, expanding into industrial air filtration and diversifying beyond vehicle markets. ATMU shares have re-rated to 20x current-year earnings, with leverage rising from 1x to 2x EBITDA post-acquisition, signaling a more fully valued stock. I remain highly cautious about ATMU stock, as valuation multiples appear stretched, growth is steady but unspectacular, and additional debt adds risk. Sashkinw/iStock via Getty Images Shares of Atmus Filtration Technologies Inc. ATMU ) have rapidly built up an impressive track record, proving my cautious stance on the business wrong. The filtration business, which formerly belonged to Cummins ( CMI ), has been More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ide Show less Read more
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