Obermatt

Astronics

NSQ:ATRO · US0464331083
Aerospace & DefenseMedium

360

49
EV / EBIT42
Price / Owner Earnings13
Owner Earnings Yield40
Dividend Yield1
Price/Sales51
EV / Gross Profit50
Price/Book11
Return on Capital97
Cash Return on Capital52
Return on Equity94
EBIT Margin76
Gross Profitability95
Cash Conversion49
Accruals37
Owner Earnings Margin40
Sales growth53
Profit Growth37
Long-Term EPS Growth77
Owner Earnings Growth92
Reinvestment30
Price momentum97
Debt load10
Refinancing71
Debt Payback11
Liquidity75
Analyst ratings59
Opinion Changes50
Price Target Upside10
Market mood24
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Astronics clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryAerospace & Defense
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Founded1968
Employees334
ISINUS0464331083
Last UpdateApr 2, 2026
Themes
Industrial AutomationPassenger Aircraft ManufacturingSimulationDefenseTechDetectors, Sensors and MemsAerospace

Description

Astronics Corporation (Astronics) provides advanced technologies to the global aerospace, defense, and electronics industries. The company’s products and services include advanced, high-performance electrical power generation, distribution and motio…

Analysis

Middle-of-the-road

Astronics Corporation sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 126.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 31% a year, against analyst forecasts of 19%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is solid; the safety picture is stretched. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
23
2023202420252026

All-time high

72

Mar 2026

All-time low

23

Jun 2026

Average rank

38

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
51
78
72
85
Price/Earnings
43
50
17
22
Price/Book
11
60
45
81
Dividend Yield
1
1
1
1
Value (overall)
22
53
22
43

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →