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Astrotech

Nasdaq:ASTC
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ASTC
Nasdaq
$18M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Astrotech Corporation operates as a science and technology development and commercialization company in the United States. The last earnings update was 51 days ago. More info.


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  • Astrotech has significant price volatility in the past 3 months.
ASTC Share Price and Events
7 Day Returns
-26.2%
NasdaqCM:ASTC
-14.4%
US Aerospace & Defense
-2%
US Market
1 Year Returns
-23.9%
NasdaqCM:ASTC
-23.1%
US Aerospace & Defense
-15.1%
US Market
ASTC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Astrotech (ASTC) -26.2% 74% 19.5% -23.9% -55% -82.2%
US Aerospace & Defense -14.4% -31.2% -37.5% -23.1% -11.4% 10.4%
US Market -2% -19.7% -23.2% -15.1% 3.7% 14.4%
1 Year Return vs Industry and Market
  • ASTC matched the Aerospace & Defense industry (-23.1%) over the past year.
  • ASTC underperformed the Market in United States of America which returned -15.1% over the past year.
Price Volatility
ASTC
Industry
5yr Volatility vs Market

Value

 Is Astrotech undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Astrotech. This is due to cash flow or dividend data being unavailable. The share price is $2.68.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Astrotech's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Astrotech's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:ASTC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-1.29
NasdaqCM:ASTC Share Price ** NasdaqCM (2020-04-03) in USD $2.68
United States of America Aerospace & Defense Industry PE Ratio Median Figure of 39 Publicly-Listed Aerospace & Defense Companies 12.78x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Astrotech.

NasdaqCM:ASTC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:ASTC Share Price ÷ EPS (both in USD)

= 2.68 ÷ -1.29

-2.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Astrotech is loss making, we can't compare its value to the US Aerospace & Defense industry average.
  • Astrotech is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Astrotech's expected growth come at a high price?
Raw Data
NasdaqCM:ASTC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Aerospace & Defense Industry PEG Ratio Median Figure of 31 Publicly-Listed Aerospace & Defense Companies 1.65x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.89x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Astrotech, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Astrotech's assets?
Raw Data
NasdaqCM:ASTC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.04
NasdaqCM:ASTC Share Price * NasdaqCM (2020-04-03) in USD $2.68
United States of America Aerospace & Defense Industry PB Ratio Median Figure of 53 Publicly-Listed Aerospace & Defense Companies 1.7x
United States of America Market PB Ratio Median Figure of 5,144 Publicly-Listed Companies 1.2x
NasdaqCM:ASTC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:ASTC Share Price ÷ Book Value per Share (both in USD)

= 2.68 ÷ 0.04

68.88x

* Primary Listing of Astrotech.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Astrotech is overvalued based on assets compared to the US Aerospace & Defense industry average.
X
Value checks
We assess Astrotech's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Astrotech has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.7%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Astrotech expected to grow at an attractive rate?
  • Unable to compare Astrotech's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Astrotech's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Astrotech's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:ASTC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
United States of America Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:ASTC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:ASTC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -8 -7
2019-09-30 0 -8 -7
2019-06-30 0 -8 -8
2019-03-31 0 -9 -10
2018-12-31 0 -9 -12
2018-09-30 0 -10 -12
2018-06-30 0 -11 -13
2018-03-31 0 -11 -12
2017-12-31 1 -10 -12
2017-09-30 1 -9 -11
2017-06-30 2 -9 -12
2017-03-31 3 -9 -12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Astrotech is high growth as no earnings estimate data is available.
  • Unable to determine if Astrotech is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:ASTC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Astrotech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ASTC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -1.29
2019-09-30 -1.38
2019-06-30 -1.53
2019-03-31 -2.20
2018-12-31 -2.73
2018-09-30 -3.07
2018-06-30 -3.26
2018-03-31 -2.90
2017-12-31 -2.89
2017-09-30 -2.75
2017-06-30 -2.84
2017-03-31 -3.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Astrotech will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ASTC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Astrotech's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Astrotech's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Astrotech's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Astrotech has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Astrotech performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Astrotech's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Astrotech does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Astrotech's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Astrotech's 1-year growth to the US Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
Astrotech's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Astrotech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ASTC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 0.29 -7.29 4.76 3.37
2019-09-30 0.10 -7.36 4.93 3.33
2019-06-30 0.13 -7.53 4.88 3.58
2019-03-31 0.09 -10.05 4.90 4.37
2018-12-31 0.09 -11.51 5.03 4.84
2018-09-30 0.12 -12.48 5.37 5.50
2018-06-30 0.09 -13.25 5.63 6.07
2018-03-31 0.43 -11.76 6.09 6.20
2017-12-31 0.84 -11.71 6.36 6.27
2017-09-30 1.32 -11.17 6.37 5.96
2017-06-30 2.33 -11.58 7.51 5.59
2017-03-31 3.49 -12.28 7.69 6.08
2016-12-31 3.27 -13.22 7.94 6.43
2016-09-30 3.68 -13.15 7.97 6.50
2016-06-30 2.67 -13.10 7.71 6.47
2016-03-31 1.30 -14.60 13.15 5.39
2015-12-31 1.12 -12.20 12.95 4.15
2015-09-30 0.19 -11.92 13.29 3.81
2015-06-30 0.51 -10.35 12.97 3.23
2015-03-31 0.34 -6.19 8.76 3.04
2014-12-31 0.37 -7.02 8.51 3.03
2014-09-30 0.45 -6.29 8.52 2.39
2014-06-30 0.13 -5.42 8.11 2.51
2014-03-31 9.31 -2.46 6.46 2.39
2013-12-31 13.83 -0.40 6.78 2.20
2013-09-30 17.87 0.31 6.24 2.24
2013-06-30 24.00 -0.19 6.79 2.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Astrotech has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Astrotech has efficiently used its assets last year compared to the US Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Astrotech improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Astrotech's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Astrotech has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Astrotech's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Astrotech's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Astrotech's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Astrotech's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Astrotech's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Astrotech Company Filings, last reported 3 months ago.

NasdaqCM:ASTC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 0.25 1.50 0.39
2019-09-30 1.30 1.50 1.58
2019-06-30 2.71 0.00 1.59
2019-03-31 2.36 0.00 1.52
2018-12-31 2.65 0.00 2.85
2018-09-30 1.83 0.00 1.91
2018-06-30 3.99 0.00 4.10
2018-03-31 8.17 0.00 6.28
2017-12-31 10.87 0.00 7.91
2017-09-30 13.89 0.00 10.16
2017-06-30 16.77 0.00 13.08
2017-03-31 19.45 0.00 15.25
2016-12-31 22.20 0.00 16.11
2016-09-30 25.76 0.00 18.74
2016-06-30 28.63 0.00 21.50
2016-03-31 31.98 0.00 23.73
2015-12-31 35.61 0.00 20.34
2015-09-30 38.21 0.00 22.55
2015-06-30 41.73 0.00 25.49
2015-03-31 46.53 0.00 30.61
2014-12-31 48.60 0.00 42.37
2014-09-30 51.25 0.00 45.27
2014-06-30 30.30 0.00 3.83
2014-03-31 31.28 5.75 4.55
2013-12-31 34.32 5.85 6.66
2013-09-30 36.50 5.95 4.42
2013-06-30 35.48 6.04 5.10
  • Astrotech's level of debt (607.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if Astrotech's debt level has increased without past 5-year debt data.
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.

  • Astrotech has less than a year of cash runway based on current free cash flow.
  • Astrotech has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.2% each year.
X
Financial health checks
We assess Astrotech's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Astrotech has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Astrotech dividends.
If you bought $2,000 of Astrotech shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Astrotech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Astrotech's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:ASTC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1938 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Astrotech has not reported any payouts.
  • Unable to verify if Astrotech's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Astrotech's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Astrotech has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Astrotech's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Astrotech afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Astrotech has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Astrotech's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Pickens
COMPENSATION $534,887
AGE 62
TENURE AS CEO 13.3 years
CEO Bio

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 Managing Partner and founder of Tactic Advisors Inc. He has been an Executive Director of Astrotech Corp. since 2004. He is a Founder of T.B. Pickens & Co. and serves as its President. He has been an Acting Chief Executive Officer of 1st Detect Corporation since November 3, 2015. Previously, he served as President of Astrotech Corp. from January 1, 2007 to June 12, 2007. He served as Chief Executive Officer of 1st Detect Corporation. He served as Chief Executive Officer of Catalyst Energy Corporation, Mr. Pickens served as President of Golden Bear Corporation, Slate Creek Corporation, Eury Dam Corporation, Century Power Corporation and Vidilia Hydroelectric Corporation. He served as a Managing Partner of Pickens Capital Income Fund, L.P., President of The Code Corporation, U.S. Utilities, Inc. From 1986 to 1988, Mr. Pickens founded Beta Computer Systems Inc., Sumpter Partners and served as General Partner of Grace Pickens Acquisition L.P. He has founded and served as the Chairman for several companies that owned and operated numerous water and sewer utilities in various states, including Kentucky, Georgia and South Carolina. From 1991 to 2002, Mr. Pickens was the Founder and Chairman of U.S. Utilities Inc. From 1995 to 1999, he directed 20 plus direct investments in various venture capital investments and was Founder and Chairman of the Code Corporation. From 1988 to 1993, he served as Chairman of Catalyst Energy Corporation and Chairman of United Thermal Corporation. He has been the Chairman of 1st Detect Corporation since 2008. He was Chairman at Xplore Technologies Corp. since November 28, 2017 until August 14, 2018. He was an Independent Director at Xplore Technologies Corp. since November 9, 2016 until August 14, 2018 and served as its Lead Independent Director until August 14, 2018. He serves as a Director of Advocate, MD Financial Group Inc. He has served as Director of Optifab Inc. and Trenwick America Corporation. He has also served in the capacity representing the office of the Chairman, Mirant Equity Committee. Mr. Pickens received a BA of Economics from Southern Methodist University, Dallas, TX.

CEO Compensation
  • Tom 's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tom 's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Astrotech management team in years:

6.4
Average Tenure
49
Average Age
  • The average tenure for the Astrotech management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tom Pickens

TITLE
Chairman & CEO
COMPENSATION
$535K
AGE
62
TENURE
13.3 yrs

Eric Stober

TITLE
CFO, Treasurer & Secretary
COMPENSATION
$347K
AGE
42
TENURE
6.4 yrs

Raj Mellacheruvu

TITLE
COO & VP
COMPENSATION
$342K
AGE
49
TENURE
5.2 yrs

Nicole Conser

TITLE
Marketing Director
Board of Directors Tenure

Average tenure and age of the Astrotech board of directors in years:

12.3
Average Tenure
58
Average Age
  • The average tenure for the Astrotech board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tom Pickens

TITLE
Chairman & CEO
COMPENSATION
$535K
AGE
62
TENURE
12.2 yrs

Daniel Russler

TITLE
Independent Director
COMPENSATION
$92K
AGE
55
TENURE
9.2 yrs

Ron Cantwell

TITLE
Independent Director
COMPENSATION
$132K
AGE
76
TENURE
4.9 yrs

Tom Wilkinson

TITLE
Independent Director
COMPENSATION
$78K
AGE
49
TENURE
1.5 yrs

Mark Adams

TITLE
Independent Director
COMPENSATION
$79K
AGE
58
TENURE
13 yrs

Xingwu Wang

TITLE
Member of Science Advisory Council
TENURE
12.3 yrs

Wagner Vendrame

TITLE
Member of Science Advisory Council
TENURE
12.3 yrs

Louis Stodieck

TITLE
Member of Science Advisory Council
TENURE
12.3 yrs

Neal Pellis

TITLE
Member of Science Advisory Council
TENURE
12.3 yrs

Timothy Hammond

TITLE
Member of Science Advisory Council
TENURE
12.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Astrotech's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Astrotech has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Worry About Astrotech Corporation's (NASDAQ:ASTC) CEO Pay?

Check out our latest analysis for Astrotech How Does Tom Pickens's Compensation Compare With Similar Sized Companies? … According to our data, Astrotech Corporation has a market capitalization of US$14m, and pays its CEO total annual compensation worth US$497k. … On average over the last three years, Astrotech Corporation has grown earnings per share (EPS) by 8.3% each year (using a line of best fit).

Simply Wall St -

How Much Of Astrotech Corporation (NASDAQ:ASTC) Do Insiders Own?

Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. … This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. … Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Simply Wall St -

Does Astrotech Corporation's (NASDAQ:ASTC) CEO Pay Compare Well With Peers?

Tom Pickens has been the CEO of Astrotech Corporation (NASDAQ:ASTC) since 2007. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Tom Pickens's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Could Astrotech Corporation's (NASDAQ:ASTC) Investor Composition Influence The Stock Price?

The big shareholder groups in Astrotech Corporation (NASDAQ:ASTC) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Astrotech is not a large company by global standards.

Simply Wall St -

Is Astrotech Corporation's (NASDAQ:ASTC) CEO Pay Fair?

Leading Astrotech Corporation (NASDAQ:ASTC) as the CEO, Tom Pickens took the company to a valuation of US$14.17m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … CEOs leading companies of similar size and profitability

Simply Wall St -

Will Astrotech Corporation (NASDAQ:ASTC) Need To Raise More Money?

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … Looking at Astrotech’s latest financial data, I will gauge when the company may run out of cash and need to raise more money.

Simply Wall St -

What Are The Drivers Of Astrotech Corporation's (NASDAQ:ASTC) Risks?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Astrotech has a beta of 1.93, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … However, this is the opposite to what ASTC’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

When Will Astrotech Corporation (NASDAQ:ASTC) Run Out Of Cash?

View our latest analysis for Astrotech What is cash burn? … NasdaqCM:ASTC Income Statement Apr 25th 18 When will Astrotech need to raise more cash? … If Astrotech continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves.

Simply Wall St -

Does Astrotech Corporation's (NASDAQ:ASTC) Past Performance Indicate A Stronger Future?

When Astrotech Corporation (NASDAQ:ASTC) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … See our latest analysis for Astrotech Were ASTC's earnings stronger than its past performances and the industry? … For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.

Simply Wall St -

Why Astrotech Corporation's (NASDAQ:ASTC) Ownership Structure Is Important

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: ASTC's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Company Info

Description

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.

Details
Name: Astrotech Corporation
ASTC
Exchange: NasdaqCM
Founded: 1984
$17,961,727
6,702,137
Website: http://www.astrotechcorp.com
Address: Astrotech Corporation
201 West 5th Street,
Suite 1275,
Austin,
Texas, 78701,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM ASTC Common Stock Nasdaq Capital Market US USD 21. Dec 1995
DB SP5B Common Stock Deutsche Boerse AG DE EUR 21. Dec 1995
Number of employees
Current staff
Staff numbers
30
Astrotech employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 01:50
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.