Astronics Return On Asset

ATRO -  USA Stock  

USD 10.55  0.33  3.23%

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. This fundamental analysis module provides a way for investors to measures Astronics' intrinsic value by examining all of its available economic and financial indicators and drivers, 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. Please note, 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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Average Assets is expected to rise to about 636.3 M this year. Tangible Asset Value is expected to rise to about 458.2 M this year.

Astronics Return On Asset Analysis

Astronics' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 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
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Astronics Return On Asset

    
  (4.08) %  
Most of Astronics' fundamental indicators, such as Return On Asset, 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 Return On Asset 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 Return On Asset. 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 Return On Asset 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 return on asset 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 return on asset as a starting point in their analysis.
 Astronics Return On Asset 
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      Timeline 
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Astronics Total Assets

Total Assets

645.7 Million

Share
Astronics Total Assets are quite stable at the moment as compared to the past year. The company's current value of Total Assets is estimated at 645.7 Million
Based on the latest financial disclosure, Astronics Cp has a Return On Asset of -4.08%. This is much higher than that of the Industrials sector and 207.09% lower than that of the Aerospace & Defense industry. The return on asset for all United States stocks is notably higher than that of the company.

Astronics Return On Asset 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 Asset 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 asset 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)(60.36 K)(61.94 K)
Revenue Per Employee249.79 K297.5 K275.96 K227.82 K205.04 K214.71 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
Average Assets607 M636.3 M
Tangible Asset Value456.5 M458.2 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. The company was incorporated in 1968 and is headquartered in East Aurora, New York. Astronics operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people.

Astronics Investors Sentiment

The influence of Astronics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Astronics. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Astronics Implied Volatility

    
  99.29  
Astronics' implied volatility exposes the market's sentiment of Astronics Cp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Astronics' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Astronics stock will not fluctuate a lot when Astronics' options are near their expiration.
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.

Current Sentiment - ATRO

Astronics Cp Investor Sentiment

Most of Macroaxis users are presently bullish on Astronics Cp. What is your sentiment towards investing in Astronics Cp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Astronics Stock analysis

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.
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.