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AstroNovaALOT +0.03%50 Debt-to-Equity is 0.49 as of Apr. 2026, which is 53% above its 10-year median of 0.32. GuruFocus rates ALOT with a GF Score™ of 50/100 and a GF Value™ of $13.25 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,220 Hardware companies, AstroNova ranks worse than 66.49% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for AstroNova's Debt-to-Equity or its related term are showing as below:
ALOT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.32 Max: 0.64
Current: 0.49
During the past 13 years, the highest Debt-to-Equity Ratio of AstroNova was 0.64. The lowest was 0.12. And the median was 0.32.
ALOT's Debt-to-Equity is ranked worse than 66.49% of 2220
companies
in the Hardware industry
Industry Median: 0.28
vs ALOT: 0.49
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
AstroNova Debt-to-Equity Related Terms
AstroNova Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for AstroNova's Debt-to-Equity 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.
ALOT vs BGIN, CAN, VELO: Debt-to-Equity Comparison
For the Computer Hardware subindustry, AstroNova's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, AstroNova's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AstroNova's Debt-to-Equity falls into.
* 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 (ALOT) has a Debt-to-Equity of 0.49 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AstroNova and its competitors. This is 53% above median its historical median of 0.32. Over the past decade, AstroNova's Debt-to-Equity has ranged from 0.12 to 0.64. According to the industry distribution chart, AstroNova ranks #1476 out of 2220 companies in the Hardware industry, placing it in the top 66.5%.
Is AstroNova's Debt-to-Equity too high?
AstroNova's current Debt-to-Equity of 0.49 is 53% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.64. The Hardware industry median Debt-to-Equity is 0.28. AstroNova's value of 0.49 is 75% above this industry median. Based on the distribution chart, AstroNova ranks #1476 out of 2220 companies in the Hardware industry, which is below the industry midpoint. Overall, AstroNova has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AstroNova's Debt-to-Equity compare to BGIN and CAN?
According to the Hardware industry distribution chart, AstroNova ranks #1476 out of 2220 companies for Debt-to-Equity. This places AstroNova in the lower half of its industry. The industry median Debt-to-Equity is 0.28. AstroNova's value of 0.49 is 75% above this benchmark. Historically, AstroNova's own Debt-to-Equity has ranged from 0.12 to 0.64 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.28, AstroNova has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,220 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AstroNova's current Debt-to-Equity of 0.49 is 75% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AstroNova and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AstroNova's current Debt-to-Equity is 0.49, which is 53% above median its own 10-year median of 0.32. 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 (ALOT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.25, compared to a current price of $28.89 — trading 118% above its estimated fair value. The current Debt-to-Equity is 0.49, which is 53% above median its 10-year median of 0.32 and 75% above the Hardware industry median of 0.28. AstroNova's overall GF Score™ is 50/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For AstroNova (ALOT), the current Debt-to-Equity is 0.49 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 (ALOT) Overvalued in 2026?
Based on GuruFocus' analysis, AstroNova stock appears to be overvalued.
The current stock price of $28.89 is trading 118% above its estimated GF Value™ of $13.25.
GuruFocus considers AstroNova to be Significantly Overvalued.
Key valuation signals for ALOT:
Debt-to-Equity: 0.49 (53% above median its 10-year median of 0.32)
GF Value™: $13.25 vs. price of $28.89 (118% above fair value)
Industry Position: 75% above the Hardware median (#1476 of 2220)
No single metric tells the full story. See the ALOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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