Astronics Corporation

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $90M normalized unlevered FCF base (above trailing $60.7M TTM FCF, reflecting current margin inflection applied to FY2026 guided revenue of approximately $1.03B); 8% annual growth years 1-5, 4% years 6-10; 9% discount rate; 2.5% terminal growth; $344M net debt; 43.01M shares outstanding.

Reasoning: Astronics is mid-cycle in a strong margin-expansion and revenue-growth phase with record backlog, so trailing FCF understates run-rate cash generation; a normalized-FCF DCF with tapering growth better reflects this cyclical aerospace/defense electronics supplier.