Ampco-Pittsburgh Corporation logo

Ampco-Pittsburgh Corporation(AP)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 5 days
PROFIT SINCE LAST BUY
-4.15% ▼
LAST CLOSE
$9.25
10/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Upturn Advisory & Investor View for AP

10/09/2026: AP (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Ampco-Pittsburgh Corporation is a long-standing industrial manufacturer specializing in engineered metal products and advanced air and liquid processing systems. The company derives its primary strength from its niche expertise in forged rolls and customized thermal equipment, serving essential roles in global industrial supply chains. The main growth story revolves around operational restructuring and capturing demand in specialized industrial segments. However, investors must weigh these strengths against significant risks, including cyclical demand in the steel sector, intense international competition, and historically variable profit margins. The stock may suit investors with a higher tolerance for industrial-cycle volatility, and monitoring the success of efficiency initiatives remains a key development for long-term outlook.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely dependent on cyclical industrial demand rather than secular expansion.
Momentum investorWeak fitThe stock often lacks the consistent upward momentum favored by these investors.
Value investorMixed fitThe company may appear cheap on certain metrics, but profitability remains inconsistent.
Dividend investorMixed fitDividend reliability is affected by the company's cyclical earnings profile.
Low-risk investorWeak fitHigh sensitivity to industrial cycles creates price volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock's dependence on industrial commodity cycles leads to frequent price swings.
Valuation riskMediumValuations are often suppressed due to historical performance challenges.
Competition risk (industrial manufacturing)Medium / highGlobal competitors often exert pricing pressure on standardized products.
Business qualityMediumWhile technically proficient, the business lacks wide economic moats.
Dividend incomeMediumDividends fluctuate based on the company's immediate cash flow needs.
Execution riskMedium / highSuccessful management of complex, multi-site industrial operations is critical.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit 87.06%
Avg. Invested days 25
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/09/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
AP receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, soft analyst coverage, and weak price momentum.

Company Fundamentals

★★★★★
AP has moderate overall fundamentals (3 stars), with soft financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-15183.8%), weak cash generation (FCF margin -1.9%), moderate revenue growth (+3.8%).

Financial Health Rating

★★★★★
AP's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 22.0%). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is AP's strongest growth driver at +3.8% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-15183.8%, negative) and free-cash-flow growth (-238.2%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 62.4% and approximately 70.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 21.59% supports management-shareholder alignment.

Top 5 Institutional Investors

Gamco Investors, Inc. Et Al 11.91%
Gabelli Funds LLC 6.74%
BlackRock Inc 4.76%
Ameriprise Financial Inc 4.38%
Wells Fargo & Co 3.20%

Unit Economics (Per $1K Revenue)

★★★★★
AP generates approximately $134 of gross profit, $14 of operating income, and $-19 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Negative free cash flow explains the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -0.19% (Tax Credit)

Quantitative Style Profile

★★★★★
AP has a liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 191.09M USD
Price to earnings Ratio -
1Y Target Price 5
Price to earnings Ratio -
1Y Target Price 5
Volume (30-day avg) 79.7K shares
Beta 1.37
52 Weeks Range 1.75 - 12.81
Updated Date 10/11/2026
52 Weeks Range 1.75 - 12.81
Updated Date 10/11/2026
Dividends yield (FY) -
Basic EPS (TTM) -2.94

How Company Makes Money

Business areaWhat it includesRetail investor read
Forged and Cast RollsManufacturing rolls for steel, aluminum, and other metal processing industries.This is a specialized, cyclical business reliant on global metal production volumes.
Air and Liquid ProcessingCustom fans, heat exchangers, and pumping systems for heavy industry and power plants.This segment provides engineering-heavy equipment for industrial infrastructure and utility sectors.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 29.41
Enterprise Value 308.96M
Price to Sales(TTM) 0.45
Enterprise Value 308.96M
Price to Sales(TTM) 0.45
Enterprise Value to Revenue 0.72
Enterprise Value to EBITDA 8.27
Shares Outstanding 20.66M
Shares Floating 14.53M
Shares Outstanding 20.66M
Shares Floating 14.53M
Percent Insiders 21.59
Percent Institutions 62.37

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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