AstroNova, Inc. (ALOT) intrinsic value & 10-year financials
AstroNova, Inc. (ALOT) has a Graham intrinsic value of $9.87 per share. Over the last 10 fiscal years revenue grew 4.8% a year to $150.5M, with an average return on invested capital of 3.3%.
- Graham intrinsic value
- $9.87
- Revenue (FY2026)
- $150.5M
- Revenue growth (10-yr CAGR)
- 4.8%
- ROIC (10-yr avg)
- 3.3%
- Free cash flow (FY2026)
- $11.4M
ALOT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $150.5M | -$2.4M | -$0.31 | $11.4M | 0.8% | 1.2% |
| FY2025 | $151.3M | -$14.5M | -$1.93 | $3.7M | -5.7% | -8.8% |
| FY2024 | $148.1M | $4.7M | $0.63 | $11.5M | 5.9% | 7.0% |
| FY2023 | $142.5M | $2.7M | $0.36 | -$3.2M | 3.8% | 4.7% |
| FY2022 | $117.5M | $6.4M | $0.88 | -$402.0K | 3.6% | 4.8% |
| FY2021 | $116.0M | $1.3M | $0.18 | $13.0M | 2.1% | 1.8% |
| FY2020 | $133.4M | $1.8M | $0.24 | $318.0K | 1.8% | 3.0% |
| FY2019 | $136.7M | $5.7M | $0.81 | $735.0K | 6.4% | 8.7% |
| FY2018 | $113.4M | $3.3M | $0.00 | $1.5M | 4.8% | 4.5% |
| FY2017 | $98.4M | $4.2M | $0.00 | $5.7M | 6.4% | 5.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
AstroNova, Inc. has demonstrated mature, steady growth, with revenue compounding at 4.8% annually over the past decade.
AstroNova, Inc. has historically struggled to out-earn its cost of capital, averaging just 3.3% ROIC.
AstroNova, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, AstroNova, Inc. is modeled at 4.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $9.87 per share.