ASTRONICS CORP (ATRO)
US0464331083 - Common Stock
Overall ATRO gets a fundamental rating of 3 out of 10. We evaluated ATRO against 65 industry peers in the Aerospace & Defense industry. The financial health of ATRO is average, but there are quite some concerns on its profitability. ATRO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ATRO had negative earnings in the past year.
In the past year ATRO had a positive cash flow from operations.
ATRO had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: ATRO reported negative operating cash flow in multiple years.
1.2 Ratios
ATRO's Return On Assets of -0.98% is on the low side compared to the rest of the industry. ATRO is outperformed by 63.08% of its industry peers.
The Return On Equity of ATRO (-2.57%) is worse than 60.00% of its industry peers.
ATRO has a Return On Invested Capital of 4.00%. This is comparable to the rest of the industry: ATRO outperforms 43.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.98% | ||
| ROE | -2.57% | ||
| ROIC | 4% |
ROA(3y)-4.73%
ROA(5y)-5.24%
ROE(3y)-11.82%
ROE(5y)-12.98%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ATRO has a Operating Margin of 3.24%. This is in the lower half of the industry: ATRO underperforms 60.00% of its industry peers.
ATRO has a Gross Margin (20.23%) which is in line with its industry peers.
In the last couple of years the Gross Margin of ATRO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.24% | ||
| PM (TTM) | N/A | ||
| GM | 20.23% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.19%
GM growth 5Y-4.87%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ATRO is destroying value.
The number of shares outstanding for ATRO has been increased compared to 1 year ago.
The number of shares outstanding for ATRO has been increased compared to 5 years ago.
Compared to 1 year ago, ATRO has an improved debt to assets ratio.
2.2 Solvency
ATRO has an Altman-Z score of 3.16. This indicates that ATRO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.16, ATRO is in line with its industry, outperforming 55.38% of the companies in the same industry.
ATRO has a Debt/Equity ratio of 0.72. This is a neutral value indicating ATRO is somewhat dependend on debt financing.
ATRO's Debt to Equity ratio of 0.72 is on the low side compared to the rest of the industry. ATRO is outperformed by 64.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.16 |
ROIC/WACC0.42
WACC9.62%
2.3 Liquidity
ATRO has a Current Ratio of 2.83. This indicates that ATRO is financially healthy and has no problem in meeting its short term obligations.
ATRO's Current ratio of 2.83 is fine compared to the rest of the industry. ATRO outperforms 67.69% of its industry peers.
ATRO has a Quick Ratio of 1.46. This is a normal value and indicates that ATRO is financially healthy and should not expect problems in meeting its short term obligations.
ATRO's Quick ratio of 1.46 is fine compared to the rest of the industry. ATRO outperforms 63.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.83 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
ATRO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 78.65%, which is quite impressive.
Looking at the last year, ATRO shows a quite strong growth in Revenue. The Revenue has grown by 19.95% in the last year.
ATRO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.02% yearly.
EPS 1Y (TTM)78.65%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)19.95%
Revenue growth 3Y11.1%
Revenue growth 5Y-3.02%
Sales Q2Q%25.03%
3.2 Future
The Earnings Per Share is expected to grow by 105.18% on average over the next years. This is a very strong growth
ATRO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.56% yearly.
EPS Next Y97.88%
EPS Next 2Y105.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.47%
Revenue Next 2Y10.66%
Revenue Next 3Y2.24%
Revenue Next 5Y2.56%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ATRO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 16.60, ATRO is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATRO indicates a rather cheap valuation: ATRO is cheaper than 92.31% of the companies listed in the same industry.
ATRO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.6 |
4.2 Price Multiples
ATRO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ATRO is cheaper than 73.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.53 |
4.3 Compensation for Growth
ATRO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ATRO's earnings are expected to grow with 105.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y105.18%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ATRO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ASTRONICS CORP
NASDAQ:ATRO (11/25/2024, 7:51:57 PM)
After market: 14.99 -2.62 (-14.88%)17.61
+0.39 (+2.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap620.93M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.6 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.98% | ||
| ROE | -2.57% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.24% | ||
| PM (TTM) | N/A | ||
| GM | 20.23% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.83 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)78.65%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y97.88%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)19.95%
Revenue growth 3Y11.1%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y