EN DE
STOCK COMPARISON

Allegheny Technologies vs Carpenter Technology: Fair Value & Quality

Both stocks run through our valuation models. Here is how Allegheny Technologies (ATI) and Carpenter Technology (CRS) compare, as of Sep 22, 2026.

As of Sep 22, 2026, Fair Value Calculator sees Carpenter Technology as the less overvalued of the two: Allegheny Technologies trades at $192 versus a fair value of $35.74 (-81%), while Carpenter Technology trades at $408 versus $101 (-75%).
Allegheny Technologies
ATI · USD · Materials
-81%
upside to fair value
overvalued
Price$192
Fair Value$35.74
Quality62/100
Carpenter Technology
CRS · USD · Materials
-75%
upside to fair value
overvalued
Price$408
Fair Value$101
Quality67/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Allegheny TechnologiesCarpenter Technology
Valuation
71.5×P/E (TTM)60.6×
5.53×P/S (TTM)9.47×
14.08×P/B15.20×
31.5×EV/EBITDA37.9×
1.20×PEG1.59×
−81.3%Fair value upside−75.2%
0.1%Dividend yield0.2%
Dividend per share$0.80
Profitability
16%Operating margin23%
EBIT margin trend (5Y)15.08×
23%Return on equity25%
8%Return on assets11%
Growth
1%Revenue growth (YoY)12%
Avg. growth/yr (3Y)16.1%
Avg. growth/yr (5Y)5.7%
+12.5%Value creation/yr+26.3%
Balance & size
5.7×Interest coverage (EBIT/interest)8.2×
0.95×Debt / equity0.37×
$25BMarket cap$29B
healthyGrowth qualityhealthy

Carpenter Technology leads: 4 to 8 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Allegheny Technologiesof which business quality 60 · market factors 73 Carpenter Technologyof which business quality 63 · market factors 53
ProfitabilityMargins and returns on capital today
56
59
Quality GrowthAre margins and returns improving?
62
75
CashflowEarnings quality: real cash, not paper profit
48
51
Fin. StrengthBalance sheet, leverage, solvency risk
53
68
InvestmentDisciplined investing over empire-building
51
63
Low VolatilityCalm price path (market factor)
53
35
MomentumPrice trend over the last 3–12 months (market factor)
73
53
52W MomentumDistance to the 52-week high (market factor)
95
73
Net IssuanceShare count: buybacks or dilution?
100
70

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyAllegheny TechnologiesPrice $192Carpenter TechnologyPrice $408
DCF Models-82%below the price$34.17-73%below the price$109
Earnings-Based-82%below the price$33.70-83%below the price$68.04
Dividend Discount-99%below the price$1.33-97%below the price$13.82
Multiples-74%below the price$49.83-71%below the price$120
Asset-Based-95%below the price$8.86-94%below the price$25.45
Growth DCF-83%below the price$32.26-78%below the price$88.87
Economic Profit-83%below the price$33.28-79%below the price$86.83
Growth Earnings-79%below the price$40.42-72%below the price$116
Minimum-99%below the price$1.33-97%below the price$13.82
Maximum-74%below the price$49.83-71%below the price$120
Median-83%below the price$33.49-78%below the price$87.85
Geometric mean-89%below the price$20.34-84%below the price$63.89

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Allegheny Technologies: 25 of 25 models see the stock below the current price.

Carpenter Technology: 26 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Allegheny Technologies
Price $192
Fair Value $35.74
Bear $20.55Bull $53.04
Carpenter Technology
Price $408
Fair Value $101
Bear $61.80Bull $149

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Allegheny Technologies · Materials

Quality score62 · Top 25%
Fair value upside-81% · bottom 25%

Carpenter Technology · Materials

Quality score67 · Top 25%
Fair value upside-75% · bottom 25%

Bottom line

As of Sep 22, 2026, Fair Value Calculator sees Carpenter Technology as the less overvalued of the two: Allegheny Technologies trades at $192 versus a fair value of $35.74 (-81%), while Carpenter Technology trades at $408 versus $101 (-75%).

Carpenter Technology has the higher quality score (67/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.