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Autoscope Technologies Corporation

AATC
66
Hardware, Equipment & Parts · Technology
Price
$5.73
-0.07 (-1.21%)
Market Cap
$31.6M
Winston Score
66
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Exceptional
Growth
Weak
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Mixed
Dividends
Good

Share count rising — dilution

+2.5% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 5.4M (2021) → 5.5M (2025)

Winston Score History

The full picture

Autoscope Technologies makes video-based traffic detection systems. Its main product is a camera and software system that watches roads and intersections, counts vehicles, measures traffic speed, and helps control traffic signals automatically. The company sells primarily to state and local governments, transportation departments, and highway agencies across North America.

Autoscope earns money by selling its hardware cameras and software licenses to government customers, often through a network of distributors and resellers. It operates mainly in the United States and Canada, and while it is a small company, it holds a focused niche position in machine-vision traffic detection — a market with relatively few direct competitors. The main growth driver is continued investment in smart city infrastructure and road modernization by governments, but the company's small size and dependence on public-sector budgets means revenue can be lumpy and sensitive to government spending cuts.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
95.8%
Premium pricing power — 95.8% gross margin
Profit after running costs
Operating Margin
38.1%
Excellent — 38.1% operating margin
Return on the money invested
ROCE
20.1%
Exceptional — 20.1% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

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Growth

Sales growth
Sales YoY
-24.6%
Shrinking sales (-24.6% YoY)
Profit growth
EPS YoY
-57.2%
Earnings shrinking (-57.2% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
1/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
245%
Turns 245% of profit into real cash
Spare cash per sale
FCF Margin
38.2%
Converts sales into free cash efficiently (38.2%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

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Stability

What it owes vs what it owns
Debt / Equity
0.15
Conservative — low debt load (0.15)
Covers its interest
Interest Cover
37.16x
Comfortably covers interest (37.2x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
22.5x
Growth-priced — P/E 22.5

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Dividend
Dividend Yield
10.53%
Healthy income — 10.53% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
-60.0%
Dividend cut (-60.0% YoY) — warning sign

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