52.65 USD
+1.51 (+2.95%)
53 USD
+0.35 (+0.66%)
Taking everything into account, ATRO scores 3 out of 10 in our fundamental rating. ATRO was compared to 72 industry peers in the Aerospace & Defense industry. ATRO has a bad profitability rating. Also its financial health evaluation is rather negative. ATRO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ATRO was profitable.
In the past year ATRO had a positive cash flow from operations.
In the past 5 years ATRO always reported negative net income.
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 -0.45% is in line compared to the rest of the industry. ATRO outperforms 43.06% of its industry peers.
Looking at the Return On Equity, with a value of -2.84%, ATRO is doing worse than 61.11% of the companies in the same industry.
The Return On Invested Capital of ATRO (8.33%) is better than 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.45% | ||
| ROE | -2.84% | ||
| ROIC | 8.33% |
ROA(3y)-4.16%
ROA(5y)-7.07%
ROE(3y)-10.6%
ROE(5y)-16.92%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Operating Margin value of 6.75%, ATRO perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ATRO has declined.
ATRO's Gross Margin of 28.18% is fine compared to the rest of the industry. ATRO outperforms 61.11% of its industry peers.
In the last couple of years the Gross Margin of ATRO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.75% | ||
| PM (TTM) | N/A | ||
| GM | 28.18% |
OM growth 3YN/A
OM growth 5Y-12.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.26%
GM growth 5Y-0.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ATRO is destroying value.
Compared to 1 year ago, ATRO has more shares outstanding
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
The Debt to FCF ratio of ATRO is 6.61, which is on the high side as it means it would take ATRO, 6.61 years of fcf income to pay off all of its debts.
ATRO's Debt to FCF ratio of 6.61 is fine compared to the rest of the industry. ATRO outperforms 63.89% of its industry peers.
ATRO has a Debt/Equity ratio of 3.07. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ATRO (3.07) is worse than 86.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 6.61 | ||
| Altman-Z | N/A |
ROIC/WACC0.83
WACC10.01%
2.3 Liquidity
ATRO has a Current Ratio of 2.87. This indicates that ATRO is financially healthy and has no problem in meeting its short term obligations.
ATRO has a Current ratio (2.87) which is in line with its industry peers.
ATRO has a Quick Ratio of 1.56. This is a normal value and indicates that ATRO is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ATRO (1.56) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
ATRO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 473.68%, which is quite impressive.
Looking at the last year, ATRO shows a small growth in Revenue. The Revenue has grown by 6.19% in the last year.
ATRO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.58% yearly.
EPS 1Y (TTM)473.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%244.12%
Revenue 1Y (TTM)6.19%
Revenue growth 3Y21.37%
Revenue growth 5Y0.58%
Sales Q2Q%3.8%
3.2 Future
ATRO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 98.39% yearly.
The Revenue is expected to grow by 0.37% on average over the next years.
EPS Next Y487.38%
EPS Next 2Y168.69%
EPS Next 3Y98.4%
EPS Next 5YN/A
Revenue Next Year8.74%
Revenue Next 2Y10.12%
Revenue Next 3Y8.36%
Revenue Next 5Y0.37%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 74.15 indicates a quite expensive valuation of ATRO.
ATRO's Price/Earnings is on the same level as the industry average.
ATRO is valuated expensively when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 21.46, which indicates a rather expensive current valuation of ATRO.
Based on the Price/Forward Earnings ratio, ATRO is valued cheaper than 83.33% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ATRO to the average of the S&P500 Index (23.56), we can say ATRO is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 74.15 | ||
| Fwd PE | 21.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATRO is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ATRO is valued a bit cheaper than the industry average as 73.61% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.45 | ||
| EV/EBITDA | 27.66 |
4.3 Compensation for Growth
The 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 98.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y168.69%
EPS Next 3Y98.4%
5. Dividend
5.1 Amount
No dividends for ATRO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
52.65
+1.51 (+2.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners94.14%
Inst Owner Change-3.39%
Ins Owners1.54%
Ins Owner Change1.24%
Market Cap1.89B
Revenue(TTM)830.60M
Net Income(TTM)-3.09M
Analysts80
Price Target57.07 (8.4%)
Short Float %11.15%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-37.79%
Min EPS beat(2)-90.88%
Max EPS beat(2)15.29%
EPS beat(4)1
Avg EPS beat(4)-56.46%
Min EPS beat(4)-141.28%
Max EPS beat(4)15.29%
EPS beat(8)1
Avg EPS beat(8)-201.58%
EPS beat(12)2
Avg EPS beat(12)-263.61%
EPS beat(16)2
Avg EPS beat(16)-576.82%
Revenue beat(2)0
Avg Revenue beat(2)-2.96%
Min Revenue beat(2)-3.66%
Max Revenue beat(2)-2.25%
Revenue beat(4)2
Avg Revenue beat(4)0.96%
Min Revenue beat(4)-3.66%
Max Revenue beat(4)4.9%
Revenue beat(8)6
Avg Revenue beat(8)1.46%
Revenue beat(12)8
Avg Revenue beat(12)0.89%
Revenue beat(16)8
Avg Revenue beat(16)-0.11%
PT rev (1m)14.33%
PT rev (3m)45.01%
EPS NQ rev (1m)7.07%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)6.04%
EPS NY rev (3m)9.85%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)0.45%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 74.15 | ||
| Fwd PE | 21.46 | ||
| P/S | 2.28 | ||
| P/FCF | 37.45 | ||
| P/OCF | 25.72 | ||
| P/B | 17.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 27.66 |
EPS(TTM)0.71
EY1.35%
EPS(NY)2.45
Fwd EY4.66%
FCF(TTM)1.41
FCFY2.67%
OCF(TTM)2.05
OCFY3.89%
SpS23.1
BVpS3.03
TBVpS-0.05
PEG (NY)0.15
PEG (5Y)N/A
Graham Number6.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.45% | ||
| ROE | -2.84% | ||
| ROCE | 10.55% | ||
| ROIC | 8.33% | ||
| ROICexc | 8.55% | ||
| ROICexgc | 10.88% | ||
| OM | 6.75% | ||
| PM (TTM) | N/A | ||
| GM | 28.18% | ||
| FCFM | 6.09% |
ROA(3y)-4.16%
ROA(5y)-7.07%
ROE(3y)-10.6%
ROE(5y)-16.92%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-12.73%
ROICexc growth 3YN/A
ROICexc growth 5Y-7.22%
OM growth 3YN/A
OM growth 5Y-12.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.26%
GM growth 5Y-0.95%
F-Score6
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 6.61 | ||
| Debt/EBITDA | 4.28 | ||
| Cap/Depr | 104.64% | ||
| Cap/Sales | 2.77% | ||
| Interest Coverage | 4.84 | ||
| Cash Conversion | 94.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | N/A |
F-Score6
WACC10.01%
ROIC/WACC0.83
Cap/Depr(3y)30.46%
Cap/Depr(5y)27.12%
Cap/Sales(3y)1.2%
Cap/Sales(5y)1.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)473.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%244.12%
EPS Next Y487.38%
EPS Next 2Y168.69%
EPS Next 3Y98.4%
EPS Next 5YN/A
Revenue 1Y (TTM)6.19%
Revenue growth 3Y21.37%
Revenue growth 5Y0.58%
Sales Q2Q%3.8%
Revenue Next Year8.74%
Revenue Next 2Y10.12%
Revenue Next 3Y8.36%
Revenue Next 5Y0.37%
EBIT growth 1Y120.82%
EBIT growth 3YN/A
EBIT growth 5Y-12.02%
EBIT Next Year336.22%
EBIT Next 3Y84.06%
EBIT Next 5YN/A
FCF growth 1Y341.96%
FCF growth 3YN/A
FCF growth 5Y-6.28%
OCF growth 1Y742.7%
OCF growth 3YN/A
OCF growth 5Y-6.46%
ASTRONICS CORP / ATRO FAQ
Can you provide the ChartMill fundamental rating for ASTRONICS CORP?
ChartMill assigns a fundamental rating of 3 / 10 to ATRO.
Can you provide the valuation status for ASTRONICS CORP?
ChartMill assigns a valuation rating of 5 / 10 to ASTRONICS CORP (ATRO). This can be considered as Fairly Valued.
Can you provide the profitability details for ASTRONICS CORP?
ASTRONICS CORP (ATRO) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for ATRO stock?
The Earnings per Share (EPS) of ASTRONICS CORP (ATRO) is expected to grow by 487.38% in the next year.