ATRO

Astronics Corporation

Fundamental data last updated:June 3, 2026

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company profile

SECTOR

Industrials

industry

Aerospace & Defense

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

07/30/2026

Business Summary

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and communications and mass transit industries; and provides wireless communication testing for the civil land mobile radio market, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.

 


VALUATION

P/E

74.28

Market Cap ($M USD)

$3.16B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

3.56

PRICE TO BOOK

20.84

EV / EBITDA

32.30

5-Year Average P/E

Free Cash Flow Yield

0.78%

DCF Value

$79.50

Graham Number

$10.63

Price to FCF

127.57

EV to FCF

142.40

Earnings Yield

1.35%

FCF Yield

0.78%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.19

Next Year EPS Growth Estimate

$0.00

Next Year Revenue Growth Estimate

$107.42B

Return on Equity (ROE)

26.60%

FREE CASH FLOW

Operating Margin

10.48%

Debt-to-Equity

2.70

Piotroski F-Score

7

Altman Z-Score

5.22

Return on Invested Capital (ROIC)

15.77%

Current Ratio

2.97

Quick Ratio

1.63

Net Debt to EBITDA

3.36

Interest Coverage

7.91

Gross Profit margin

30.72%

FCF PER SHARE

$0.65

REVENUE PER SHARE

$23.20

Gainseekers Quantitative Analysis

Summary

Astronics Corporation’s valuation appears stretched, with a Price/Earnings ratio soaring above 98, indicating the market has high expectations for future growth. However, the stock traded above its DCF value, suggesting potential overvaluation. The Altman Z-score of 4.78 reflects financial stability, yet the earnings yield of just 1.02% raises questions about immediate returns. The lack of a Forward P/E further clouds future earnings visibility, making this a risky bet for growth-focused investors. Overall, the market may be mispricing the stock relative to its intrinsic value.

AI Exposure / Tech Reliance

In the Aerospace & Defense sector, Astronics is well-positioned to leverage AI advancements, particularly in enhancing operational efficiencies and product innovation. The industry's focus on cutting-edge technology aligns with Astronics' potential to integrate AI into its offerings. This adaptability could bolster its competitive edge in a rapidly evolving tech landscape.

The Bull Case

For the value-driven investor, Astronics offers compelling reasons to buy. A robust ROIC of 13.51% indicates efficient capital use, while a Piotroski F-Score of 7 suggests strong financial health. Despite a modest FCF Yield of 1.63%, the company's operating margin of 8.86% showcases its pricing power. These metrics paint a picture of a company with solid fundamentals and the potential for long-term growth.

The Bear Case

Astronics faces significant structural risks, primarily due to its high valuation multiples. A Price/Book ratio of over 20 and a Price/Sales ratio above 3 suggest the stock is priced for perfection. The Net Debt to EBITDA ratio of 5.44 signals potential leverage concerns, and with the stock trading close to its 52-week high, it appears technically overextended. These factors could deter risk-averse investors wary of paying a premium for uncertain growth.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$107.00

Institutional Ownership %

1-Year Beta

1.11

Insider Buying % (6 Mo)

Distance to 52-Week High

2.81%

Distance to 52-Week Low

69.07%

EARNINGS SURPRISE %

7.27%

50-DAY SMA

$74.14

200-DAY SMA

$60.19

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.