Astronics Cash per Share

ATRO
 Stock
  

USD 10.40  0.23  2.26%   

Astronics Cp 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.
  
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The value of Free Cash Flow is estimated to slide to about (11.9 M).

Astronics Cash per Share Analysis

Astronics' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
 2019 2020 2021 2022 (projected)
Enterprise Value1.02 B568.38 M551.87 M831.7 M
Average Equity438.9 M291.6 M255.85 M284.21 M
Cash per Share 
 = 
Total Cash 
Average Shares 
More About Cash per Share | All Equity Analysis

Current Astronics Cash per Share

    
  0.75 X  
Most of Astronics' fundamental indicators, such as Cash per Share, 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 Cp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Astronics Cash per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Astronics is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Cash per Share. Since Astronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Astronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Astronics' interrelated accounts and indicators.

Astronics Cash per Share 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 cash per share 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 cash per share as a starting point in their analysis.
 Astronics Cash per Share 
Share
      Timeline 
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Astronics Shareholders Equity

Shareholders Equity

287.57 Million

Share
Astronics Shareholders Equity is quite stable at the moment as compared to the past year. The company's current value of Shareholders Equity is estimated at 287.57 Million
In accordance with the recently published financial statements, Astronics Cp has a Cash per Share of 0.75 times. This is 74.05% lower than that of the Industrials sector and 86.51% lower than that of the Aerospace & Defense industry. The cash per share for all United States stocks is 85.03% higher than that of the company.

Astronics Cash per Share 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 Cash per Share 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 cash per share 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.
201720182019202020212022 (projected)
Net Income Per Employee7.87 K17.33 K18.58 K(52.48 K)(12.18 K)(12.5 K)
Revenue Per Employee249.79 K297.5 K275.96 K227.82 K211.86 K216.84 K
Average Assets651.92 M770.67 M777.12 M691.44 M606.97 M636.3 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA57.42 M97.02 M111.7 M(69.31 M)14.05 M14.42 M
Earnings Before Interest Taxes and Depreciation Amortization USD57.42 M97.02 M111.7 M(69.31 M)14.05 M14.42 M
Earnings before Tax24.99 M52.28 M68.3 M(112.41 M)(26.96 M)(27.67 M)
Average Equity340.27 M361.35 M438.9 M291.6 M255.85 M284.21 M
Enterprise Value1.32 B1.24 B1.02 B568.38 M551.87 M831.7 M
Free Cash Flow24.3 M38.56 M30.61 M29.88 M(11.56 M)(11.87 M)
Invested Capital607.78 M605.57 M571.69 M512.06 M489.96 M505.43 M
Invested Capital Average507.42 M630.59 M525.68 M566.01 M507.52 M511.47 M
Market Capitalization1.16 B983.99 M862.9 M407.49 M377.52 M530.92 M
Tangible Asset Value456.82 M516.3 M510.45 M451.58 M456.54 M458.23 M
Working Capital212.44 M246.08 M222.44 M223.21 M221.25 M212.29 M

Astronics Fundamentals

About Astronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Astronics Cp'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 Cp 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 ReportedProjected for 2022
Free Cash Flow-11.6 M-11.9 M
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers that build aircraft for the commercial, military, and general aviation markets suppliers to OEMs and aircraft operators, such as airlines suppliers to the aircraft operators and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and communications and mass transit industries and provides wireless communication testing for the civil land mobile radio market, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Astronics without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

Astronics Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 Cp 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 Cp 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.
Pair CorrelationCorrelation Matching
Please continue to Astronics Piotroski F Score and Astronics Altman Z Score analysis. Note that the Astronics Cp information on this page should be used as a complementary analysis to other Astronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Astronics Cp 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
326.6 M
Quarterly Revenue Growth YOY
0.097
Return On Assets
-0.0305
Return On Equity
-0.0645
The market value of Astronics Cp 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.