ATRO (Astronics) Intrinsic Value: Projected FCF: $4.20 (As of Aug. 21, 2026) — 231% Above Median

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ATRO Astronics Corp ATRO
56 GF Score
Price $76.06
GF Value $20.62
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Astronics Intrinsic Value: Projected FCF?

Astronics ATRO -6.93% 56 Intrinsic Value: Projected FCF is $4.20 as of Aug. 21, 2026, which is 231% above its 10-year median of 1.27. GuruFocus rates ATRO with a GF Score™ of 56/100 and a GF Value™ of $20.62 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 194 Aerospace & Defense companies, Astronics ranks worse than 92.78% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-21), Astronics's Intrinsic Value: Projected FCF is $4.20. The stock price of Astronics is $76.06. Therefore, Astronics's Price-to-Intrinsic-Value-Projected-FCF of today is 18.1.

The historical rank and industry rank for Astronics's Intrinsic Value: Projected FCF or its related term are showing as below:

ATRO' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.37   Med: 1.27   Max: 19.35
Current: 18.11

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Astronics was 19.35. The lowest was 0.37. And the median was 1.27.

ATRO's Price-to-Projected-FCF is ranked worse than
92.78% of 194 companies
in the Aerospace & Defense industry
Industry Median: 2.855 vs ATRO: 18.11

Astronics  (NAS:ATRO) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Astronics's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=76.06/4.1980355757425
=18.12

* 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.


Astronics Intrinsic Value: Projected FCF Related Terms


Astronics Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Astronics's Intrinsic Value: Projected FCF 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.

Astronics Intrinsic Value: Projected FCF Chart

Astronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.71 8.71 6.02 6.25 3.22

Astronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 5.04 3.10 3.22 3.42 4.20

ATRO vs ACHR, FLY, AADX: Intrinsic Value: Projected FCF Comparison

For the Aerospace & Defense subindustry, Astronics's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Aerospace & Defense Industry

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

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


ATRO
56GF Score
Astronics Corp ATRO
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astronics Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Astronics's Free Cash Flow(6 year avg) = $3.10.

Astronics's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(11.854592825659*3.10256+198.22*0.8)/46.535
=4.20

* 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.

What does a Intrinsic Value: Projected FCF of $4.20 mean?
Astronics (ATRO) has a Intrinsic Value: Projected FCF of $4.20 as of Aug. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Astronics and its competitors. This is 231% above median its historical median of 1.27. Over the past decade, Astronics' Intrinsic Value: Projected FCF has ranged from 0.37 to 19.35. According to the industry distribution chart, Astronics ranks #180 out of 194 companies in the Aerospace & Defense industry, placing it in the top 92.8%.
Is Astronics' Intrinsic Value: Projected FCF too high?
Astronics' current Intrinsic Value: Projected FCF of $4.20 is 231% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 19.35. The Aerospace & Defense industry median Intrinsic Value: Projected FCF is 2.86. Astronics' value of $4.20 is 47.1% above this industry median. Based on the distribution chart, Astronics ranks #180 out of 194 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Astronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astronics' Intrinsic Value: Projected FCF compare to ACHR and FLY?
According to the Aerospace & Defense industry distribution chart, Astronics ranks #180 out of 194 companies for Intrinsic Value: Projected FCF. This places Astronics in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.86. Astronics' value of $4.20 is 47.1% above this benchmark. Historically, Astronics' own Intrinsic Value: Projected FCF has ranged from 0.37 to 19.35 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.86, Astronics 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 Intrinsic Value: Projected FCF for an Aerospace & Defense company?
The median Intrinsic Value: Projected FCF among Aerospace & Defense companies is 2.86, based on 194 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astronics's current Intrinsic Value: Projected FCF of $4.20 is 47.1% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Astronics and its competitors. For the Aerospace & Defense industry, the median Intrinsic Value: Projected FCF is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astronics's current Intrinsic Value: Projected FCF is $4.20, which is 231% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astronics stock overvalued right now?
Based on GuruFocus' analysis, Astronics (ATRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.62, compared to a current price of $76.06 — trading 268.9% above its estimated fair value. The current Intrinsic Value: Projected FCF is $4.20, which is 231% above median its 10-year median of 1.27 and 47.1% above the Aerospace & Defense industry median of 2.86. Astronics' overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Astronics (ATRO), the current Intrinsic Value: Projected FCF is $4.20 as of Aug. 21, 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 Astronics (ATRO) Overvalued in 2026?

Based on GuruFocus' analysis, Astronics stock appears to be overvalued. The current stock price of $76.06 is trading 268.9% above its estimated GF Value™ of $20.62. GuruFocus considers Astronics to be Significantly Overvalued.

Key valuation signals for ATRO:

  • Intrinsic Value: Projected FCF: $4.20 (231% above median its 10-year median of 1.27)
  • GF Value™: $20.62 vs. price of $76.06 (268.9% above fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 47.1% above the Aerospace & Defense median (#180 of 194)

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


Astronics Business Description

Address 130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corporation is a provider of technologies to the aerospace, defense, and electronics industries, offering high-performance electrical power generation and distribution systems, motion systems, lighting and safety systems, avionics products, systems certification, aircraft structures, and automated test systems. The company operates through two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the aerospace and defense industry and generates the majority of revenue, while the Test Systems segment designs, develops, manufactures, and maintains automated test systems for the aerospace and defense, communications, and mass transit industries. The company derives the majority of its revenue from the United States.
56GF Score

Get the complete analysis for ATRO

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.06
Price
$20.62
GF Value