Astronics Stock Net Asset
| ATRO Stock | USD 20.92 0.39 1.90% |
Astronics 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.
Astronics | Net Asset |
Astronics Company Net Asset Analysis
Astronics' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Astronics Net Asset | 649 M |
Most of Astronics' fundamental indicators, such as Net 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Astronics Net 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 Astronics Stock properly, considering its historical fundamentals such as Net 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.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Astronics Total Assets
Total Assets |
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Based on the recorded statements, Astronics has a Net Asset of 649 M. This is much higher than that of the Aerospace & Defense sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.
Astronics Net 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 Net 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 net asset category among related companies.
Astronics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Astronics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Astronics' managers, analysts, and investors.Environmental | Governance | Social |
Astronics Institutional Holders
Institutional Holdings refers to the ownership stake in Astronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Astronics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Astronics' value.| Shares | Minerva Advisors Llc | 2023-12-31 | 463.1 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-03-31 | 360.9 K | Acadian Asset Management Llc | 2024-03-31 | 244.8 K | Northern Trust Corp | 2023-12-31 | 244.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 236.8 K | Teton Advisors Inc | 2024-03-31 | 198 K | Renaissance Technologies Corp | 2023-12-31 | 181.5 K | Millennium Management Llc | 2024-03-31 | 146.4 K | Goldman Sachs Group Inc | 2023-12-31 | 127.3 K | Next Century Growth Investors Llc | 2023-12-31 | 2.2 M | Blackrock Inc | 2023-12-31 | 1.9 M |
Astronics Fundamentals
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0054 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 901.18 M | ||||
| Shares Outstanding | 29.07 M | ||||
| Shares Owned By Insiders | 2.02 % | ||||
| Shares Owned By Institutions | 72.09 % | ||||
| Number Of Shares Shorted | 512.83 K | ||||
| Price To Earning | 8.47 X | ||||
| Price To Book | 2.37 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 689.21 M | ||||
| Gross Profit | 65.48 M | ||||
| EBITDA | 19.43 M | ||||
| Net Income | (26.42 M) | ||||
| Cash And Equivalents | 10.68 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 197.88 M | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 2.60 X | ||||
| Book Value Per Share | 7.22 X | ||||
| Cash Flow From Operations | (23.95 M) | ||||
| Short Ratio | 5.37 X | ||||
| Earnings Per Share | (0.75) X | ||||
| Price To Earnings To Growth | 1.46 X | ||||
| Target Price | 22.0 | ||||
| Number Of Employees | 2.5 K | ||||
| Beta | 1.64 | ||||
| Market Capitalization | 714.5 M | ||||
| Total Asset | 649 M | ||||
| Retained Earnings | 209.75 M | ||||
| Working Capital | 246.45 M | ||||
| Current Asset | 249.97 M | ||||
| Current Liabilities | 104.23 M | ||||
| Five Year Return | 1.15 % | ||||
| Net Asset | 649 M |
About Astronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Astronics'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 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.
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Try AI Portfolio ArchitectCheck out Astronics Piotroski F Score and Astronics Altman Z Score analysis. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running Astronics' 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 the 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 (0.93) | Earnings Share (0.75) | Revenue Per Share 21.302 | Quarterly Revenue Growth 0.182 | Return On Assets (0.01) |
The market value of Astronics 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 if Astronics is a good investment 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.