Analyzing Atmus Filtration Technologies (NYSE:ATMU) and Omnitek Engineering (OTCMKTS:OMTK)

Atmus Filtration Technologies (NYSE:ATMU) and Omnitek Engineering (OTCMKTS:OMTK) are both industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, earnings, risk and analyst recommendations.

Risk and Volatility

Atmus Filtration Technologies has a beta of 1.68, meaning that its share price is 68% more volatile than the S&P 500. Comparatively, Omnitek Engineering has a beta of -0.55, meaning that its share price is 155% less volatile than the S&P 500.

Earnings & Valuation

This table compares Atmus Filtration Technologies and Omnitek Engineering”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Atmus Filtration Technologies	$1.63 billion	2.23	$171.30 million	$2.15	20.33
Omnitek Engineering	$1.05 million	N/A	-$220,000.00	N/A	N/A

Atmus Filtration Technologies has higher revenue and earnings than Omnitek Engineering.

Profitability

This table compares Atmus Filtration Technologies and Omnitek Engineering’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Atmus Filtration Technologies	10.84%	134.28%	17.61%
Omnitek Engineering	-22.42%	N/A	-28.74%

Institutional & Insider Ownership

32.7% of Atmus Filtration Technologies shares are owned by institutional investors. 0.4% of Atmus Filtration Technologies shares are owned by insiders. Comparatively, 48.7% of Omnitek Engineering shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for Atmus Filtration Technologies and Omnitek Engineering, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Atmus Filtration Technologies	0	1	4	0	2.80
Omnitek Engineering	0	0	0	0	0.00

Atmus Filtration Technologies currently has a consensus target price of $44.80, suggesting a potential upside of 2.47%. Given Atmus Filtration Technologies’ stronger consensus rating and higher possible upside, equities research analysts clearly believe Atmus Filtration Technologies is more favorable than Omnitek Engineering.

Summary

Atmus Filtration Technologies beats Omnitek Engineering on 10 of the 11 factors compared between the two stocks.

About Atmus Filtration Technologies

Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users. Its products are used in on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company was founded in 1958 and is headquartered in Nashville, Tennessee.

About Omnitek Engineering

Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. The company's products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. It sells and delivers its products through its distributors, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. The company was incorporated in 2001 and is headquartered in Vista, California.