Astronics Revenue Per Employee vs Enterprise Value Analysis

ATRO
 Stock
  

USD 11.05  0.20  1.84%   

Astronics financial indicator trend analysis is way more than just evaluating Astronics Cp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Astronics Cp is a good investment. Please check the relationship between Astronics Revenue Per Employee and its Enterprise Value accounts. Please continue to Trending Equities.

Revenue Per Employee vs Enterprise Value

Revenue Per Employee vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Astronics Cp Revenue Per Employee account and Enterprise Value. At this time, the significance of the direction appears to have strong relationship.
The correlation between Astronics' Revenue Per Employee and Enterprise Value is 0.77. Overlapping area represents the amount of variation of Revenue Per Employee that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Astronics Cp, assuming nothing else is changed. The correlation between historical values of Astronics' Revenue Per Employee and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Employee of Astronics Cp are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Revenue Per Employee i.e., Astronics' Revenue Per Employee and Enterprise Value go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Revenue Per Employee

Enterprise Value

Enterprise Value (or EV) is usually referred to as Astronics theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Astronics Cp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Astronics value than its market capitalization because it takes into account all of Astronics Cp existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.
Most indicators from Astronics fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astronics Cp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Astronics Selling General and Administrative Expense is quite stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 100.64 Million. Net Cash Flow Business Acquisitions and Disposals is expected to rise to about 11.4 M this year, although the value of Issuance Repayment of Debt Securities will most likely fall to (11.2 M).
 2019 2020 2021 2022 (projected)
Interest Expense6.14 M6.74 M6.8 M6.69 M
Gross Profit156.14 M96.84 M65.36 M67.08 M

Astronics fundamental ratios Correlations

0.820.850.940.960.860.430.89-0.390.890.660.850.810.990.930.910.920.850.930.83-0.61-0.91
0.820.950.920.90.890.130.81-0.550.820.540.950.860.80.820.860.80.940.840.99-0.42-0.82
0.850.950.920.920.870.270.91-0.430.920.550.870.870.830.90.90.880.990.790.95-0.56-0.79
0.940.920.920.960.980.410.94-0.440.950.70.950.950.930.970.950.950.930.950.92-0.65-0.84
0.960.90.920.960.880.430.9-0.380.910.650.90.840.970.950.950.920.930.910.91-0.63-0.92
0.860.890.870.980.880.370.93-0.470.940.710.940.990.850.930.890.920.870.930.88-0.64-0.73
0.430.130.270.410.430.370.540.480.510.30.190.410.440.550.420.590.280.30.14-0.81-0.24
0.890.810.910.940.90.930.54-0.291.00.640.810.940.880.980.890.990.910.850.82-0.75-0.73
-0.39-0.55-0.43-0.44-0.38-0.470.48-0.29-0.33-0.38-0.58-0.4-0.38-0.29-0.35-0.27-0.42-0.55-0.54-0.280.44
0.890.820.920.950.910.940.511.0-0.330.650.830.940.880.980.90.990.920.860.83-0.73-0.74
0.660.540.550.70.650.710.30.64-0.380.650.610.680.660.730.810.680.560.790.54-0.56-0.41
0.850.950.870.950.90.940.190.81-0.580.830.610.90.850.840.860.820.870.930.95-0.46-0.85
0.810.860.870.950.840.990.410.94-0.40.940.680.90.80.920.870.920.870.880.85-0.68-0.66
0.990.80.830.930.970.850.440.88-0.380.880.660.850.80.930.910.920.850.930.82-0.61-0.92
0.930.820.90.970.950.930.550.98-0.290.980.730.840.920.930.950.990.910.90.83-0.76-0.78
0.910.860.90.950.950.890.420.89-0.350.90.810.860.870.910.950.910.910.90.87-0.71-0.78
0.920.80.880.950.920.920.590.99-0.270.990.680.820.920.920.990.910.890.880.8-0.77-0.76
0.850.940.990.930.930.870.280.91-0.420.920.560.870.870.850.910.910.890.80.95-0.58-0.81
0.930.840.790.950.910.930.30.85-0.550.860.790.930.880.930.90.90.880.80.84-0.55-0.83
0.830.990.950.920.910.880.140.82-0.540.830.540.950.850.820.830.870.80.950.84-0.43-0.85
-0.61-0.42-0.56-0.65-0.63-0.64-0.81-0.75-0.28-0.73-0.56-0.46-0.68-0.61-0.76-0.71-0.77-0.58-0.55-0.430.38
-0.91-0.82-0.79-0.84-0.92-0.73-0.24-0.730.44-0.74-0.41-0.85-0.66-0.92-0.78-0.78-0.76-0.81-0.83-0.850.38
Click cells to compare fundamentals

Astronics Account Relationship Matchups

Astronics fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories150.2 M138.69 M145.79 M157.06 M157.58 M128.84 M
Receivables132.63 M182.31 M148 M93.06 M107.44 M96.2 M
Accounts Payable41.85 M50.66 M35.84 M26.45 M34.86 M29.81 M
Accumulated Other Comprehensive Income(13.35 M)(13.33 M)(15.63 M)(16.45 M)(14.49 M)(15.64 M)
Total Assets735.96 M774.64 M782.72 M619.75 M609.14 M645.7 M
Current Assets315.33 M374.17 M343.08 M316.95 M339.86 M328.97 M
Assets Non Current420.63 M400.47 M439.63 M302.8 M269.28 M316.73 M
Cash and Equivalents17.91 M16.62 M31.91 M40.41 M29.76 M29.72 M
Cash and Equivalents USD17.91 M16.62 M31.91 M40.41 M29.76 M29.72 M
Total Debt271.77 M233.98 M213.78 M194.63 M181.8 M193.6 M
Debt Current2.69 M1.87 M4.74 M5 M6.78 M5.71 M
Debt Non Current269.08 M232.11 M209.04 M189.64 M175.02 M187.09 M
Total Debt USD271.77 M233.98 M213.78 M194.63 M181.8 M193.6 M
Deferred Revenue19.61 M26.88 M31.36 M24.57 M27.36 M28.93 M
Shareholders Equity329.93 M386.62 M388.86 M270.37 M256.6 M287.57 M
Shareholders Equity USD329.93 M386.62 M388.86 M270.37 M256.6 M287.57 M
Goodwill and Intangible Assets279.14 M258.33 M272.26 M168.17 M152.6 M187.47 M
Inventory150.2 M138.69 M145.79 M157.06 M157.58 M149.8 M
Total Liabilities406.03 M388.01 M393.86 M349.37 M352.53 M358.13 M
Current Liabilities102.89 M128.09 M120.64 M93.74 M118.61 M116.67 M
Liabilities Non Current303.14 M259.92 M273.22 M255.64 M233.92 M241.46 M
Trade and Non Trade Payables41.85 M50.66 M35.84 M26.45 M34.86 M34.99 M
Property Plant and Equipment Net125.83 M120.86 M136.1 M125.63 M111.41 M119.12 M
Trade and Non Trade Receivables132.63 M182.31 M148 M93.06 M107.44 M114.39 M
Accumulated Retained Earnings Deficit325.19 M376.57 M428.58 M312.8 M287.23 M299.11 M
Tax Liabilities5.38 M3.51 M5 M3.93 M3.53 M3.63 M

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

    
  79.82  
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

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 Trending Equities. 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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
343.9 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.