Astronova Stock Fundamentals
| ALOT Stock | USD 17.44 0.24 1.40% |
AstroNova fundamentals help investors to digest information that contributes to AstroNova's financial success or failures. It also enables traders to predict the movement of AstroNova Stock. The fundamental analysis module provides a way to measure AstroNova's 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 AstroNova stock.
At this time, AstroNova's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.4 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 25.1 M in 2024. AstroNova | Select Account or Indicator |
AstroNova Company Current Valuation Analysis
AstroNova's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current AstroNova Current Valuation | 151.1 M |
Most of AstroNova's fundamental indicators, such as Current Valuation, 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, AstroNova is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AstroNova Current Valuation Historical Pattern
Today, most investors in AstroNova Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AstroNova's 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 current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of AstroNova current valuation as a starting point in their analysis.
AstroNova Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, AstroNova has a Current Valuation of 151.1 M. This is 99.22% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is 99.09% higher than that of the company.
AstroNova Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AstroNova's current stock value. Our valuation model uses many indicators to compare AstroNova value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AstroNova competition to find correlations between indicators driving AstroNova's intrinsic value. More Info.AstroNova is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.97 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AstroNova is roughly 1.03 . At this time, AstroNova's Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value AstroNova by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AstroNova's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AstroNova's earnings, one of the primary drivers of an investment's value.AstroNova Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AstroNova's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AstroNova could also be used in its relative valuation, which is a method of valuing AstroNova by comparing valuation metrics of similar companies.AstroNova is currently under evaluation in current valuation category among related companies.
AstroNova Fundamentals
| Return On Equity | 0.0538 | ||||
| Return On Asset | 0.0522 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 151.1 M | ||||
| Shares Outstanding | 7.74 M | ||||
| Shares Owned By Insiders | 18.03 % | ||||
| Shares Owned By Institutions | 44.14 % | ||||
| Number Of Shares Shorted | 23.42 K | ||||
| Price To Earning | 63.89 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 0.87 X | ||||
| Revenue | 148.09 M | ||||
| Gross Profit | 42.04 M | ||||
| EBITDA | 16.34 M | ||||
| Net Income | 4.69 M | ||||
| Cash And Equivalents | 4.29 M | ||||
| Cash Per Share | 0.58 X | ||||
| Total Debt | 26.23 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 3.00 X | ||||
| Book Value Per Share | 12.13 X | ||||
| Cash Flow From Operations | 12.35 M | ||||
| Short Ratio | 1.89 X | ||||
| Earnings Per Share | 0.63 X | ||||
| Target Price | 26.0 | ||||
| Number Of Employees | 365 | ||||
| Beta | 0.59 | ||||
| Market Capitalization | 133.18 M | ||||
| Total Asset | 133.25 M | ||||
| Retained Earnings | 63.87 M | ||||
| Working Capital | 46.91 M | ||||
| Current Asset | 54.51 M | ||||
| Current Liabilities | 9.55 M | ||||
| Five Year Return | 1.88 % | ||||
| Net Asset | 133.25 M |
About AstroNova Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AstroNova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AstroNova using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AstroNova 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 Next Year | ||
| Current Deferred Revenue | 1.3 M | 1.4 M | |
| Total Revenue | 148.1 M | 155.5 M | |
| Cost Of Revenue | 94.4 M | 99.1 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.08 | 0.06 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.07 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 19.97 | 20.97 | |
| Ebit Per Revenue | 0.08 | 0.06 |
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 AstroNova 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, AstroNova's short interest history, or implied volatility extrapolated from AstroNova options trading.
Pair Trading with AstroNova
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 AstroNova 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 AstroNova will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AstroNova could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AstroNova 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 AstroNova - 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 AstroNova to buy it.
The correlation of AstroNova is a statistical measure of how it moves in relation to other instruments. 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 AstroNova moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AstroNova 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 AstroNova 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.Check out AstroNova Piotroski F Score and AstroNova Altman Z Score analysis. For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for AstroNova Stock analysis
When running AstroNova's price analysis, check to measure AstroNova's 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 AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.
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Is AstroNova's 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 AstroNova. If investors know AstroNova 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 AstroNova 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 0.995 | Earnings Share 0.63 | Revenue Per Share 19.971 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0522 |
The market value of AstroNova is measured differently than its book value, which is the value of AstroNova that is recorded on the company's balance sheet. Investors also form their own opinion of AstroNova's value that differs from its market value or its book value, called intrinsic value, which is AstroNova's 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 AstroNova's market value can be influenced by many factors that don't directly affect AstroNova's 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 AstroNova's value and its price as these two are different measures arrived at by different means. Investors typically determine if AstroNova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AstroNova's 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.