Astrotech Corp Return On Equity vs. Current Valuation

ASTC Stock  USD 6.93  0.07  1.00%   
Considering Astrotech Corp's profitability and operating efficiency indicators, Astrotech Corp is performing exceptionally good at the present time. It has a great chance to showcase excellent profitability results in January. Profitability indicators assess Astrotech Corp's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.34)
Current Value
(9.29)
Quarterly Volatility
4.03697991
 
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Yuan Drop
 
Covid
At present, Astrotech Corp's Operating Cash Flow Sales Ratio is projected to drop based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 44.06, whereas Price To Sales Ratio is forecasted to decline to 1.74. At present, Astrotech Corp's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 250.4 K, whereas Accumulated Other Comprehensive Income is forecasted to decline to (1.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.680.4513
Way Up
Very volatile
For Astrotech Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Astrotech Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Astrotech Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Astrotech Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Astrotech Corp over time as well as its relative position and ranking within its peers.
  
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For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astrotech Corp. If investors know Astrotech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.34)
Revenue Per Share
1.016
Quarterly Revenue Growth
(0.82)
Return On Assets
(0.19)
Return On Equity
(0.29)
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrotech Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Astrotech Corp Current Valuation vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Astrotech Corp's current stock value. Our valuation model uses many indicators to compare Astrotech Corp value to that of its competitors to determine the firm's financial worth.
Astrotech Corp is rated below average in return on equity category among its peers. It is rated below average in current valuation category among its peers . At present, Astrotech Corp's Return On Equity is projected to drop slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Astrotech Corp's earnings, one of the primary drivers of an investment's value.

Astrotech Current Valuation vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Astrotech Corp

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.29
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Astrotech Corp

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
(16.18 M)
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Astrotech Current Valuation vs Competition

Astrotech Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 32.34 Billion. Astrotech Corp has negative current valuation of (16.18 Million) contributing less than 1% to the industry.

Astrotech Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Astrotech Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Astrotech Corp will eventually generate negative long term returns. The profitability progress is the general direction of Astrotech Corp's change in net profit over the period of time. It can combine multiple indicators of Astrotech Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.2 M-1.2 M
Operating Income-13.3 M-12.6 M
Net Loss-11.7 M-11.1 M
Income Tax ExpenseK2.1 K
Income Before Tax-11.7 M-11.1 M
Total Other Income Expense Net1.6 M1.7 M
Net Loss-8.7 M-8.2 M
Net Loss-11.7 M-12.2 M
Non Operating Income Net Other-226.6 K-215.2 K
Interest Income22.5 K21.4 K
Net Interest Income238.5 K250.4 K
Change To Netincome1.8 M1.9 M
Net Income Per Share(7.12) 3,553 
Income Quality 0.83  1.70 
Net Income Per E B T 1.00  0.99 

Astrotech Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Astrotech Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Astrotech Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Astrotech Corp's important profitability drivers and their relationship over time.

Use Astrotech Corp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astrotech Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astrotech Corp will appreciate offsetting losses from the drop in the long position's value.

Astrotech Corp Pair Trading

Astrotech Corp Pair Trading Analysis

The ability to find closely correlated positions to Astrotech Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astrotech Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astrotech Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astrotech Corp to buy it.
The correlation of Astrotech Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astrotech Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astrotech Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astrotech Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Astrotech Corp position

In addition to having Astrotech Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Construction Thematic Idea Now

Construction
Construction Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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When determining whether Astrotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrotech Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrotech Corp Stock:
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For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
To fully project Astrotech Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Astrotech Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Astrotech Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Astrotech Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Astrotech Corp investors may work on each financial statement separately, they are all related. The changes in Astrotech Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astrotech Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.