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Added to YB: 2024-08-23

Pitch date: 2024-08-22

ALOT [bullish]

AstroNova, Inc.

-44.03%

current return

Author Info

Atai Capital is a long only, concentrated, small-cap value fund. Sign up for the newsletter.

Company Info

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Canada, Asia, Central and South America, and internationally.

Market Cap

$67.0M

Pitch Price

$14.53

Price Target

N/A

Dividend

N/A

EV/EBITDA

9.21

P/E

-3.90

EV/Sales

0.72

Sector

Technology Hardware, Storage and Peripherals

Category

turnaround

Show full summary:
Atai Capital holding: AstroNova

ALOT: Rev dip due to one-offs (supplier delays, order push). Still on track for mid-single digit growth, 13-14% EBITDA margin. MTEX acquisition expands product line, potential for synergies. EBITDA doubled in 2 years, stock flat. 2026 est: $30M+ EBITDA. Currently <5x EBITDA, 6x UFCF.

Read full article (2 min)