# Astronics Fundamentals

ATRO | Stock | ## USD 10.40 0.17 1.66% |

Astronics fundamentals help investors to digest information that contributes to Astronics' financial success or failures. It also enables traders to predict the movement of Astronics Stock. The fundamental analysis module provides a way to measure Astronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Astronics stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Astronics | Select Account or Indicator |

**M**this year, although the value of Direct Expenses will most likely fall to about 366.4

**M**.

## Astronics Debt to Equity Analysis

Astronics' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company. 2019 | 2020 | 2021 | 2022 (projected) | |

Enterprise Value | 1.02 B | 568.38 M | 551.87 M | 831.7 M |

Average Equity | 438.9 M | 291.6 M | 255.85 M | 284.21 M |

D/E | = | Total Debt Total Equity |

## Current Astronics Debt to Equity | 0.61 % |

Most of Astronics' fundamental indicators, such as Debt to Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Astronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

## Astronics Debt to Equity Historical Pattern

Today, most investors in Astronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Astronics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Astronics debt to equity as a starting point in their analysis.

Astronics Debt to Equity |

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Timeline |

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Compare to competition |

## Astronics Shareholders Equity

## Shareholders Equity | ## 239.44 Million |

According to the company disclosure, Astronics has a Debt to Equity of 0.614%. This is 99.19% lower than that of the Aerospace & Defense sector and 99.18% lower than that of the Industrials industry. The debt to equity for all United States stocks is 98.74% higher than that of the company.

## Astronics Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Astronics's current stock value. Our valuation model uses many indicators to compare Astronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Astronics competition to find correlations between indicators driving Astronics's intrinsic value. More Info.## Astronics Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Astronics' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Astronics could also be used in its relative valuation, which is a method of valuing Astronics by comparing valuation metrics of similar companies.Astronics is currently under evaluation in return on equity category among related companies.

## Astronics Current Valuation Drivers

We derive many important indicators used in calculating different scores of Astronics from analyzing Astronics' financial statements. These drivers represent accounts that assess Astronics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Astronics' important valuation drivers and their relationship over time.

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Net Income Per Employee | 7.87 K | 17.33 K | 18.58 K | (52.48 K) | (12.18 K) | (12.5 K) | |

Revenue Per Employee | 249.79 K | 297.5 K | 275.96 K | 227.82 K | 211.86 K | 216.84 K | |

Average Assets | 651.92 M | 770.67 M | 777.12 M | 691.44 M | 606.97 M | 636.3 M | |

Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 44.46 M | 76.99 M | 88.14 M | (92.37 M) | (7.46 M) | (7.65 M) | |

Earnings Before Interest Taxes and Depreciation Amortization USD | 57.42 M | 97.02 M | 111.7 M | (69.31 M) | 14.05 M | 14.42 M | |

Earnings before Tax | 24.99 M | 52.28 M | 68.3 M | (112.41 M) | (26.96 M) | (27.67 M) | |

Average Equity | 340.27 M | 361.35 M | 438.9 M | 291.6 M | 255.85 M | 284.21 M | |

Enterprise Value | 1.32 B | 1.24 B | 1.02 B | 568.38 M | 551.87 M | 831.7 M | |

Free Cash Flow | 24.3 M | 38.56 M | 30.61 M | 29.88 M | (11.56 M) | (11.87 M) | |

Invested Capital | 607.78 M | 605.57 M | 571.69 M | 512.06 M | 489.96 M | 505.43 M | |

Invested Capital Average | 507.42 M | 630.59 M | 525.68 M | 566.01 M | 507.52 M | 511.47 M | |

Market Capitalization | 1.16 B | 983.99 M | 862.9 M | 407.49 M | 377.52 M | 530.92 M | |

Tangible Asset Value | 456.82 M | 516.3 M | 510.45 M | 451.58 M | 456.54 M | 458.23 M | |

Working Capital | 212.44 M | 246.08 M | 222.44 M | 223.21 M | 221.25 M | 212.29 M |

## Astronics Fundamentals

Return On Equity | (0.11) % | |||

Return On Asset | (0.0441) % | |||

Profit Margin | (0.06) % | |||

Operating Margin | (0.09) % | |||

Current Valuation | 463.18 M | |||

Shares Outstanding | 25.85 M | |||

Shares Owned by Insiders | 1.95 % | |||

Shares Owned by Institutions | 72.25 % | |||

Number of Shares Shorted | 388.45 K | |||

Price to Earning | 8.47 X | |||

Price to Book | 1.24 X | |||

Price to Sales | 0.58 X | |||

Revenue | 444.91 M | |||

Gross Profit | 54.9 M | |||

EBITDA | 8.85 M | |||

Net Income | (25.58 M) | |||

Cash and Equivalents | 10.68 M | |||

Cash per Share | 0.33 X | |||

Total Debt | 163 M | |||

Debt to Equity | 0.61 % | |||

Current Ratio | 2.60 X | |||

Book Value Per Share | 7.37 X | |||

Cash Flow from Operations | (5.53 M) | |||

Short Ratio | 3.57 X | |||

Earnings Per Share | (0.54) X | |||

Price to Earnings To Growth | 1.46 X | |||

Target Price | 11.13 | |||

Number of Employees | 2.1 K | |||

Beta | 1.65 | |||

Market Capitalization | 286.67 M | |||

Total Asset | 609.14 M | |||

Retained Earnings | 347.99 M | |||

Working Capital | 145.74 M | |||

Current Asset | 249.97 M | |||

Current Liabilities | 104.23 M | |||

Z Score | 0.6 | |||

Five Year Return | 1.15 % | |||

Net Asset | 609.14 M |

## About Astronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Astronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Astronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Astronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.Last Reported | Projected for 2022 | ||

Deferred Revenue | 27.4 M | 28.9 M | |

Cost of Revenue | 379.5 M | 441.9 M | |

Revenues | 444.9 M | 450.5 M | |

Revenue to Assets | 0.73 | 0.98 | |

Revenue Per Employee | 211.9 K | 216.8 K |

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Astronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Astronics' short interest history, or implied volatility extrapolated from Astronics options trading.

## Pair Trading with Astronics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astronics will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astronics to buy it.

The correlation of Astronics is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Astronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Please continue to Astronics Piotroski F Score and Astronics Altman Z Score analysis. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running Astronics price analysis, check to measure Astronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.

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Is Astronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth YOY (0.93) | Market Capitalization 286.7 M | Quarterly Revenue Growth YOY 0.175 | Return On Assets (0.0441) | Return On Equity (0.11) |

The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astronics' market value can be influenced by many factors that don't directly affect Astronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Astronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.