Professional
Added to YB: 2025-02-20
Pitch date: 2025-02-18
ALOT [bullish]
AstroNova, Inc.
-31.54%
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
$11.88
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
value
Atai Capital Management Portfolio Holding: AstroNova, Inc.
ALOT: Core biz improving, $21M EBITDA run-rate vs $11M at purchase. $20M MTEX acquisition disastrous: operating losses, revenue shortfall. New CFO from Standex promising. 2027 outlook: $30M EBITDA (5x), $4M+ Honeywell royalty off. Trading at <5x 2027 EBITDA, 7x UFCF. Pushing for buyback post-deleveraging.
Read full article (6 min)