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ATRO (Astronics) Cyclically Adjusted FCF per Share : $0.61 (As of Mar. 2025)


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What is Astronics Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Astronics's adjusted free cash flow per share for the three months ended in Mar. 2025 was $0.432. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.61 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Astronics's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -16.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Astronics was 128.90% per year. The lowest was -35.60% per year. And the median was 2.70% per year.

As of today (2025-05-13), Astronics's current stock price is $29.78. Astronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.61. Astronics's Cyclically Adjusted Price-to-FCF of today is 48.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Astronics was 80.81. The lowest was 5.98. And the median was 26.86.


Astronics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Astronics's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Astronics Cyclically Adjusted FCF per Share Chart

Astronics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.07 0.99 0.76 0.63

Astronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.76 0.65 0.63 0.61

Competitive Comparison of Astronics's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Astronics's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Astronics's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Astronics's Cyclically Adjusted Price-to-FCF falls into.


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Astronics Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Astronics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.432/134.9266*134.9266
=0.432

Current CPI (Mar. 2025) = 134.9266.

Astronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.320 100.684 -0.429
201509 0.469 100.392 0.630
201512 0.962 99.792 1.301
201603 -0.055 100.470 -0.074
201606 0.548 101.688 0.727
201609 -0.054 101.861 -0.072
201612 0.601 101.863 0.796
201703 0.104 102.862 0.136
201706 -0.140 103.349 -0.183
201709 0.414 104.136 0.536
201712 0.363 104.011 0.471
201803 -0.164 105.290 -0.210
201806 0.151 106.317 0.192
201809 0.101 106.507 0.128
201812 1.065 105.998 1.356
201903 0.237 107.251 0.298
201906 -0.173 108.070 -0.216
201909 0.591 108.329 0.736
201912 0.299 108.420 0.372
202003 0.664 108.902 0.823
202006 0.559 108.767 0.693
202009 -0.380 109.815 -0.467
202012 0.128 109.897 0.157
202103 -0.284 111.754 -0.343
202106 0.093 114.631 0.109
202109 -0.557 115.734 -0.649
202112 0.368 117.630 0.422
202203 -0.026 121.301 -0.029
202206 -0.373 125.017 -0.403
202209 -0.949 125.227 -1.023
202212 0.230 125.222 0.248
202303 -0.638 127.348 -0.676
202306 -0.129 128.729 -0.135
202309 -0.102 129.860 -0.106
202312 -0.096 129.419 -0.100
202403 0.013 131.776 0.013
202406 -0.227 132.554 -0.231
202409 0.186 133.029 0.189
202412 0.659 133.157 0.668
202503 0.432 134.927 0.432

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Astronics  (NAS:ATRO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Astronics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.78/0.61
=48.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Astronics was 80.81. The lowest was 5.98. And the median was 26.86.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Astronics Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Astronics's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Astronics Business Description

Industry
Traded in Other Exchanges
Address
130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corp supplies products to the aerospace, defense, and electronics industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport, and General Aviation. The Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Robert S Keane director, 10 percent owner CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Mark Peabody officer: VP Astronics Advanced Electron 130 COMMERCE WAY, EAST AURORA NY 14052
Michael C Kuehn officer: Executive Vice President 130 COMMERCE WAY, EAST AURORA NY 14052
Linda O'brien director 6124 FOREST HIGHLANDS DR., FORT WORTH TX 76132
Warren C Johnson director P.O. BOX 189, 13133 BEAR ROAD, WALES CENTER NY 14169
Nancy L Hedges officer: Principal Accounting Officer 130 COMMERCE WAY, EAST AURORA NY 14052
Jeffry D Frisby director C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
James Mulato other: Pres Astronics Test Systems 4 GOODYEAR, IRVINE CA 92677
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
David C Burney officer: VP-Finance, Treasurer 130 COMMERCE WAY, EAST AURORA NY 14052
Mark J Moran director 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
James S Kramer officer: VP Luminescent Systems, Inc. 130 COMMERCE WAY, EAST AURORA NY 14052
Peter J Gundermann director 130 COMMERCE WAY, EAST AURORA NY 14052
Robert J Mckenna director 38 QUARTERMASTER DRIVE, SALEM SC 29676
5096 Saranac Llc 10 percent owner 1801 ELMWOOD AVENUE, SUITE 1, BUFFALO NY 14207-2463