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34.95 (1y: +54%)
Market Cap 502.42 M P/E(ttm) 18.90
Enterprise Value 512.56 M P/B 3.90
ATRO- NAS (USA)
Astronics Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$34.95
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.246
ATRO's Cash to Debt is ranked lower than
781249% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.67 vs. ATRO: 0.246 )
ATRO' s 10-Year Cash to Debt Range
Min: 0   Max: 0.88
Current: 0.25
0
0.88
Equity to Asset 0.409
ATRO's Equity to Asset is ranked lower than
1075268% of the 93 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. ATRO: 0.409 )
ATRO' s 10-Year Equity to Asset Range
Min: 0.3   Max: 0.61
Current: 0.41
0.3
0.61
Interest Coverage 31.3
ATRO's Interest Coverage is ranked lower than
999999% of the 100 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 15.60 vs. ATRO: 31.3 )
ATRO' s 10-Year Interest Coverage Range
Min: 6   Max: 31
Current: 31.3
6
31
F-Score: 5
Z-Score: 6.35
M-Score: -2.91
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 12.20
ATRO's Operating margin (%) is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 8.90 vs. ATRO: 12.20 )
ATRO' s 10-Year Operating margin (%) Range
Min: -3.3   Max: 15.5
Current: 12.2
-3.3
15.5
Net-margin (%) 8.2
ATRO's Net-margin (%) is ranked lower than
943395% of the 106 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.20 vs. ATRO: 8.2 )
ATRO' s 10-Year Net-margin (%) Range
Min: -2.1   Max: 10.6
Current: 8.2
-2.1
10.6
ROE (%) 17.5
ATRO's ROE (%) is ranked lower than
952380% of the 105 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 12.40 vs. ATRO: 17.5 )
ATRO' s 10-Year ROE (%) Range
Min: -6.3   Max: 31.3
Current: 17.5
-6.3
31.3
ROA (%) 10.3
ATRO's ROA (%) is ranked lower than
943395% of the 106 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.80 vs. ATRO: 10.3 )
ATRO' s 10-Year ROA (%) Range
Min: -2.7   Max: 14.8
Current: 10.3
-2.7
14.8
ROC (Joel Greenblatt) (%) 28.30
ATRO's ROC (Joel Greenblatt) (%) is ranked lower than
952380% of the 105 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 20.50 vs. ATRO: 28.30 )
ATRO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -8.3   Max: 36.2
Current: 28.3
-8.3
36.2
Revenue Growth (%) 5.8
ATRO's Revenue Growth (%) is ranked lower than
1282050% of the 78 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.50 vs. ATRO: 5.8 )
ATRO' s 10-Year Revenue Growth (%) Range
Min: -21.5   Max: 44.5
Current: 5.8
-21.5
44.5
EBITDA Growth (%) 139
ATRO's EBITDA Growth (%) is ranked lower than
1515150% of the 66 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.30 vs. ATRO: 139 )
ATRO' s 10-Year EBITDA Growth (%) Range
Min: -59   Max: 183.4
Current: 139
-59
183.4
ยป ATRO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ATRO Guru Trades in Q2 2012

Joel Greenblatt 29,291 sh (New)
Jim Simons 27,709 sh (+368.14%)
Chuck Royce 106,100 sh (+201.09%)
Mario Gabelli 10,000 sh (unchged)
» More
Q3 2012

ATRO Guru Trades in Q3 2012

Chuck Royce 136,300 sh (+28.46%)
Mario Gabelli 10,000 sh (unchged)
Jim Simons Sold Out
Joel Greenblatt 17,403 sh (-40.59%)
» More
Q4 2012

ATRO Guru Trades in Q4 2012

Jim Simons 18,674 sh (New)
Chuck Royce 156,744 sh (+15%)
Mario Gabelli 10,000 sh (unchged)
Joel Greenblatt Sold Out
» More
Q1 2013

ATRO Guru Trades in Q1 2013

NWQ Managers 109,835 sh (New)
Mario Gabelli 10,000 sh (unchged)
Jim Simons Sold Out
Chuck Royce 122,444 sh (-21.88%)
» More
» Details

Insider Trades

Latest Guru Trades with ATRO

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2012-12-31 Sold Out 0.04%$19.85 - $26.6 $ 34.9555%0
Joel Greenblatt 2012-09-30 Reduce -40.59%0.02%$27.19 - $31.22 $ 34.9520%17403
Joel Greenblatt 2012-06-30 New Buy0.06%$24.79 - $35.01 $ 34.9522%29291
Mario Gabelli 2011-03-31 Reduce -67.95%$19.7 - $25.43 $ 34.9555%10000
Mario Gabelli 2010-09-30 Add 56%$13.56 - $18.01 $ 34.95118%31200
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 18.90
ATRO's P/E(ttm) is ranked lower than
909090% of the 110 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.60 vs. ATRO: 18.90 )
ATRO' s 10-Year P/E(ttm) Range
Min: 4.12   Max: 569.41
Current: 18.9
4.12
569.41
P/B 3.90
ATRO's P/B is ranked lower than
833333% of the 120 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.00 vs. ATRO: 3.90 )
ATRO' s 10-Year P/B Range
Min: 0.57   Max: 9.78
Current: 3.9
0.57
9.78
P/S 1.92
ATRO's P/S is ranked lower than
781249% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.91 vs. ATRO: 1.92 )
ATRO' s 10-Year P/S Range
Min: 0.35   Max: 3
Current: 1.92
0.35
3
PFCF 19.50
ATRO's PFCF is ranked lower than
1111110% of the 90 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.10 vs. ATRO: 19.50 )
ATRO' s 10-Year PFCF Range
Min: 2.27   Max: 493.92
Current: 19.5
2.27
493.92
EV-to-EBIT 14.7
ATRO's EV-to-EBIT is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 14.39 vs. ATRO: 14.7 )
ATRO' s 10-Year EV-to-EBIT Range
Min: 2.9   Max: 226
Current: 14.7
2.9
226
PEG 0.3
ATRO's PEG is ranked lower than
1515150% of the 66 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.80 vs. ATRO: 0.3 )
ATRO' s 10-Year PEG Range
Min: 0.06   Max: 13.93
Current: 0.3
0.06
13.93
Shiller P/E 31.9
ATRO's Shiller P/E is ranked lower than
100% of the Companies
in the Global Aerospace & Defense industry.

( Industry Median: vs. ATRO: 31.9 )
ATRO' s 10-Year Shiller P/E Range
Min: 6.69   Max: 88.74
Current: 31.9
6.69
88.74

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 9.5
ATRO's Price/Net Current Asset Value is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.70 vs. ATRO: 9.5 )
ATRO' s 10-Year Price/Net Current Asset Value Range
Min: 2.7   Max: 12.4
Current: 9.5
2.7
12.4
Price/Tangible Book 5.8
ATRO's Price/Tangible Book is ranked lower than
1063829% of the 94 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.30 vs. ATRO: 5.8 )
ATRO' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 8.2
Current: 5.8
0.7
8.2
Price/DCF (Projected) 1.1
ATRO's Price/DCF (Projected) is ranked lower than
1408449% of the 71 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.30 vs. ATRO: 1.1 )
ATRO' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 9.7
Current: 1.1
0.7
9.7
Price/Median PS Value 1.3
ATRO's Price/Median PS Value is ranked lower than
793650% of the 126 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.00 vs. ATRO: 1.3 )
ATRO' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 2.2
Current: 1.3
0.5
2.2
Price/Peter Lynch Fair Value 0.8
ATRO's Price/Peter Lynch Fair Value is ranked lower than
2564100% of the 39 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.40 vs. ATRO: 0.8 )
ATRO' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.4   Max: 2.5
Current: 0.8
0.4
2.5
Price/Graham Number 2.6
ATRO's Price/Graham Number is ranked lower than
1265822% of the 79 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.70 vs. ATRO: 2.6 )
ATRO' s 10-Year Price/Graham Number Range
Min: 0.5   Max: 2.9
Current: 2.6
0.5
2.9
Earnings Yield (Greenblatt) 6.80
ATRO's Earnings Yield (Greenblatt) is ranked lower than
869564% of the 115 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.90 vs. ATRO: 6.80 )
ATRO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 34
Current: 6.8
0.4
34
Forward Rate of Return (Yacktman) 33.73
ATRO's Forward Rate of Return (Yacktman) is ranked lower than
1449274% of the 69 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.84 vs. ATRO: 33.73 )
ATRO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -44.4   Max: 98.3
Current: 33.73
-44.4
98.3

Business Description

Astronics Corporation was incorporated in New York. Astronics is a supplier of products to the aerospace and defense industries. Its products include advanced, high-performance lighting systems, electrical power generation systems, aircraft safety systems and electrical power distribution systems for the global aerospace industry as well as test, training and simulation systems mainly for the military. The Company provides its products through its wholly owned subsidiaries Luminescent Systems, Inc., Luminescent Systems Canada, Inc., DME Corporation, Ballard Technology, Inc. and Astronics Advanced Electronic Systems Corp. The Company has seven primary locations, six in the United States and one in Canada. It has two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Product lines include Aircraft Lighting, Cabin Electronics, Airframe Power, Avionics Databus Products and Airfield Lighting. The Test Systems segment designs, manufactures and maintains communications and weapons test systems and training and simulation devices for military applications. Its Aerospace customers are the airframe manufacturers (OEM's) that build aircraft for the commercial, military and general aviation markets, suppliers to those OEM's, aircraft operators such as airlines and branches of the U.S. Department of Defense as well as the Federal Aviation Administration and airport operators. In the Test Systems Segment, Astronics' products are sold primarily to the U.S. military, foreign militaries and manufacturers of military communication systems.
Company Website
SEC Reports
Industry: Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, HON
Traded in other countries:ATROB.USA
ยป More Articles for ATRO

Headlines

Articles On GuruFocus.com
Dividend Stock Upgrades from May 2, 2012 May 03 2012 
4 Overlooked Aerospace Stocks to Buy, 2 to Avoid Dec 19 2011 
Astronics Corp. Reports Operating Results (10-Q) Nov 08 2010 
Astronics Corp. Reports Operating Results (10-Q) Aug 05 2010 
Astronics Corp. Reports Operating Results (10-Q) May 07 2010 
2009 Forbes 200 Best Small Companies (Part 6) : Sport Supply Group, Spectrum Control, Astronics , Un Dec 10 2009 
Astronics Corp. Reports Operating Results (10-Q) Nov 10 2009 
Astronics Corp. Reports Operating Results (10-Q) Aug 12 2009 
Astronics Corp. Reports Operating Results (10-Q) May 14 2009 

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