NasdaqCM:ASTC

Stock Analysis Report

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Executive Summary

Astrotech Corporation operates as a science and technology development and commercialization company in the United States.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Astrotech's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASTC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.7%

ASTC

0.3%

US Aerospace & Defense

2.4%

US Market


1 Year Return

-19.3%

ASTC

-18.5%

US Aerospace & Defense

9.2%

US Market

Return vs Industry: ASTC matched the US Aerospace & Defense industry which returned -18.5% over the past year.

Return vs Market: ASTC underperformed the US Market which returned 9.2% over the past year.


Shareholder returns

ASTCIndustryMarket
7 Day6.7%0.3%2.4%
30 Day-2.5%9.8%10.2%
90 Day87.0%-18.3%3.4%
1 Year-19.3%-19.3%-1.9%-18.5%11.6%9.2%
3 Year-44.1%-44.1%22.0%-4.1%33.7%24.9%
5 Year-81.3%-81.3%60.2%16.4%59.7%41.8%

Price Volatility Vs. Market

How volatile is Astrotech's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Astrotech undervalued compared to its fair value and its price relative to the market?

8.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ASTC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ASTC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ASTC is unprofitable, so we can't compare its PE Ratio to the Aerospace & Defense industry average.

PE vs Market: ASTC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASTC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASTC is overvalued based on its PB Ratio (8.2x) compared to the US Aerospace & Defense industry average (2.4x).


Next Steps

Future Growth

How is Astrotech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Astrotech has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Astrotech performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASTC is currently unprofitable.

Growing Profit Margin: ASTC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASTC is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.

Accelerating Growth: Unable to compare ASTC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASTC is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (2.3%).


Return on Equity

High ROE: ASTC has a negative Return on Equity (-300.3%), as it is currently unprofitable.


Next Steps

Financial Health

How is Astrotech's financial position?


Financial Position Analysis

Short Term Liabilities: ASTC's short term assets ($6.1M) exceed its short term liabilities ($4.1M).

Long Term Liabilities: ASTC's short term assets ($6.1M) exceed its long term liabilities ($711.0K).


Debt to Equity History and Analysis

Debt Level: ASTC's debt to equity ratio (94.3%) is considered high.

Reducing Debt: Insufficient data to determine if ASTC's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ASTC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ASTC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.7% each year


Next Steps

Dividend

What is Astrotech's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ASTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ASTC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ASTC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASTC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ASTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average management tenure


CEO

Tom Pickens (62yo)

13.42yrs

Tenure

US$534,887

Compensation

Mr. Thomas Boone Pickens, III, also known as Tom, has been the Chairman and Chief Executive Officer of Astrotech Corporation since February 2008 and January 1, 2007 respectively. Mr. Pickens serves as a Ma ...


CEO Compensation Analysis

Compensation vs Market: Tom 's total compensation ($USD534.89K) is about average for companies of similar size in the US market ($USD589.00K).

Compensation vs Earnings: Tom 's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Pickens
Chairman & CEO 13.42yrsUS$534.89k21.1% $4.6m
Eric Stober
CFO, Treasurer & Secretary6.58yrsUS$347.23k1.36% $297.5k
Rajesh Mellacheruvu
COO & VP5.33yrsUS$342.48k0.97% $210.8k
Nicole Conser
Marketing Directorno datano datano data

6.6yrs

Average Tenure

49yo

Average Age

Experienced Management: ASTC's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Pickens
Chairman & CEO 13.42yrsUS$534.89k21.1% $4.6m
Ronald Cantwell
Independent Director5.08yrsUS$132.43k0.26% $57.6k
Mark Adams
Independent Director13.17yrsUS$78.68k1.49% $325.4k
Xingwu Wang
Member of Science Advisory Council12.42yrsno datano data
Wagner Vendrame
Member of Science Advisory Council12.42yrsno datano data
Louis Stodieck
Member of Science Advisory Council12.42yrsno datano data
Neal Pellis
Member of Science Advisory Council12.42yrsno datano data
Timothy Hammond
Member of Science Advisory Council12.42yrsno datano data
Daniel Russler
Independent Director9.33yrsUS$91.68k0.27% $59.9k
Thomas Wilkinson
Independent Director1.67yrsUS$78.49k0.28% $60.3k

12.4yrs

Average Tenure

58yo

Average Age

Experienced Board: ASTC's board of directors are seasoned and experienced ( 12.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.1%.


Top Shareholders

Company Information

Astrotech Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Astrotech Corporation
  • Ticker: ASTC
  • Exchange: NasdaqCM
  • Founded: 1984
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$21.817m
  • Shares outstanding: 7.58m
  • Website: https://www.astrotechcorp.com

Number of Employees


Location

  • Astrotech Corporation
  • 201 West 5th Street
  • Suite 1275
  • Austin
  • Texas
  • 78701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SP5BDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1995
ASTCNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 1995

Biography

Astrotech Corporation operates as a science and technology development and commercialization company in the United States. It operates through two segments, 1st Detect Corporation and Astral Images Corporation. The 1st Detect Corporation segment manufactures explosives and narcotics trace detectors for use at airports, secured facilities, and borders. This segment provides TRACER 1000, a mass spectrometer (MS)-based explosives trace detector (ETD) to replace the explosives and narcotics trace detectors used at airports, secured facilities, and borders. The Astral Images Corporation segment develops film restoration and enhancement software. This segment offers Astral Black ICE, a system targeted mainly towards the black-and-white feature film and television series digitization and restoration markets; Astral Color ICE, a standalone AI software solution that integrates into film scanners to enable color image correction and enhancement; Astral HDR ICE, high dynamic range solution that upgrades digital and traditional films to the HDR10 standard; and Astral HSDR ICE, a solution, which automatically converts HDR content to SDR. It also provides AG-LAB-1000, a trace detector for detecting the trace levels of pesticides in agricultural products in real-time. The company was formerly known as SPACEHAB, Inc. and changed its name to Astrotech Corporation in 2009. Astrotech Corporation was founded in 1984 is headquartered in Austin, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 03:56
End of Day Share Price2020/06/03 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.