AstroNova (FRA:AZO) Cyclically Adjusted FCF per Share: €0.61 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:AZO AstroNova Inc FRA:AZO
56 GF Score
Price €24.80
GF Value €11.34
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is AstroNova Cyclically Adjusted FCF per Share?

AstroNova FRA:AZO 56 Cyclically Adjusted FCF per Share is €0.61 as of Apr. 2026. GuruFocus rates FRA:AZO with a GF Score™ of 56/100 and a GF Value™ of €11.34 (Significantly Overvalued). The stock has 8 warning signs investors should review.

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.

AstroNova's adjusted free cash flow per share for the three months ended in Apr. 2026 was €0.328. 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 Apr. 2026.

During the past 12 months, AstroNova's average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% 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 AstroNova was 35.40% per year. The lowest was -26.10% per year. And the median was 9.80% per year.

As of today (2026-08-02), AstroNova's current stock price is €24.80. AstroNova's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was €0.61. AstroNova's Cyclically Adjusted Price-to-FCF of today is 40.66.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AstroNova was 98.44. The lowest was 11.08. And the median was 36.35.


AstroNova  (FRA:AZO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.80/0.61
=40.66

* 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 AstroNova was 98.44. The lowest was 11.08. And the median was 36.35.


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.


AstroNova Cyclically Adjusted FCF per Share Related Terms


AstroNova Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for AstroNova'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.

AstroNova Cyclically Adjusted FCF per Share Chart

AstroNova Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.27 0.51 0.62 0.54

AstroNova Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.57 0.55 0.54 0.54 0.61

FRA:AZO vs BGIN, CAN, VELO: Cyclically Adjusted FCF per Share Comparison

For the Computer Hardware subindustry, AstroNova'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.


AstroNova Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, AstroNova's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:AZO
56GF Score
AstroNova Inc FRA:AZO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AstroNova 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, AstroNova's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.328/333.0200*333.0200
=0.328

Current CPI (Apr. 2026) = 333.0200.

AstroNova Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.153 240.628 0.212
201610 0.291 241.729 0.401
201701 -0.090 242.839 -0.123
201704 -0.138 244.524 -0.188
201707 0.232 244.786 0.316
201710 -0.055 246.663 -0.074
201801 0.152 247.867 0.204
201804 -0.254 250.546 -0.338
201807 -0.054 252.006 -0.071
201810 0.391 252.885 0.515
201901 0.212 251.712 0.280
201904 0.049 255.548 0.064
201907 -0.112 256.571 -0.145
201910 -0.114 257.346 -0.148
202001 0.221 257.971 0.285
202004 0.362 256.389 0.470
202007 0.631 259.101 0.811
202010 0.190 260.388 0.243
202101 0.384 261.582 0.489
202104 0.387 267.054 0.483
202107 0.111 273.003 0.135
202110 -0.237 276.589 -0.285
202201 -0.328 281.148 -0.389
202204 -0.209 289.109 -0.241
202207 -0.310 296.276 -0.348
202210 -0.508 298.012 -0.568
202301 0.565 299.170 0.629
202304 0.318 303.363 0.349
202307 0.199 305.691 0.217
202310 0.051 307.671 0.055
202401 0.833 308.417 0.899
202404 0.783 313.548 0.832
202407 -0.022 314.540 -0.023
202410 -0.605 315.664 -0.638
202501 0.314 317.671 0.329
202504 0.510 320.795 0.529
202507 0.023 323.048 0.024
202510 0.372 0.000
202601 0.393 325.252 0.402
202604 0.328 333.020 0.328

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

What does a Cyclically Adjusted FCF per Share of €0.61 mean?
AstroNova (FRA:AZO) has a Cyclically Adjusted FCF per Share of €0.61 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on AstroNova and its competitors.
Is AstroNova's Cyclically Adjusted FCF per Share too high?
AstroNova's current Cyclically Adjusted FCF per Share is €0.61. Overall, AstroNova has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AstroNova's Cyclically Adjusted FCF per Share compare to BGIN and CAN?
AstroNova's Cyclically Adjusted FCF per Share of €0.61 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on AstroNova and its competitors. AstroNova's current Cyclically Adjusted FCF per Share is €0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AstroNova stock overvalued right now?
Based on GuruFocus' analysis, AstroNova (FRA:AZO) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.34, compared to a current price of €24.80 — trading 118.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.61. AstroNova's overall GF Score™ is 56/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For AstroNova (FRA:AZO), the current Cyclically Adjusted FCF per Share is €0.61 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AstroNova (FRA:AZO) Overvalued in 2026?

Based on GuruFocus' analysis, AstroNova stock appears to be overvalued. The current stock price of €24.80 is trading 118.7% above its estimated GF Value™ of €11.34. GuruFocus considers AstroNova to be Significantly Overvalued.

Key valuation signals for FRA:AZO:

  • Cyclically Adjusted FCF per Share: €0.61
  • GF Value™: €11.34 vs. price of €24.80 (118.7% above fair value)
  • GF Score™: 56/100 with 8 warning signs

No single metric tells the full story. See the FRA:AZO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AstroNova Business Description

Other Exchanges ALOT:USAAZO:Germany
Address 600 East Greenwich Avenue, West Warwick, RI, USA, 02893
AstroNova Inc designs, develops, manufactures, and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate technologies to acquire, store, analyze, and present data in multiple formats sold under the QuickLabel, TrojanLabel and GetLabels brand names. Its target markets for hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation. It has two segments, Product Identification (PI) and Aerospace. It generates the majority of its revenue from the PI segment that includes specialty printing systems and related supplies.
56GF Score

Get the complete analysis for FRA:AZO

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.80
Price
€11.34
GF Value