Astro-Med, Inc., doing business as AstroNova, designs, develops, manufactures, and distributes various specialty printers, and data acquisition and analysis systems in the United States. The company was founded in 1969 and is based in West Warwick, Rhode Island.
ALOT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for AstroNova Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that AstroNova Inc ranked in the 30th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 50.5%. In terms of the factors that were most noteworthy in this DCF analysis for ALOT, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 68. Notably, its equity weight is greater than only 15.19% of US equities in the Technology sector yielding a positive free cash flow.
AstroNova Inc's effective tax rate, as measured by taxes paid relative to net income, is at 182 -- greater than 98.68% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of AstroNova Inc? See ESE, PAYC, INFY, MIME, and TRMB.
AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that Gregory A. Woods, President and Chief Executive Officer, and David S. Smith, Vice President, Treasurer and Chief Financial Officer, will be presenting and hosting one-on-one meetings at the Sidoti Virtual Microcap Conference 2020. The presentation is scheduled to begin at 3:15 p.m. ET Tuesday, June 30, 2020.
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