Archer Aviation Inc. (ACHR) vs Astronics Corporation (ATRO)

Archer Aviation Inc. and Astronics Corporation are both Aerospace & Defense companies. Archer Aviation Inc. is the larger, with a market value of $3.6B against $2.7B — 1.3× the size. Archer Aviation Inc. has negative trailing earnings, so its P/E is not meaningful; Astronics Corporation trades at 34.2×. Astronics Corporation has the higher net margin (8.40% vs 0.00%) and the higher return on invested capital (15.8% vs −127.0%). Across the 14 metrics below, Astronics Corporation leads on 10 and Archer Aviation Inc. on 4.

Valuation

Metric ACHR ATRO Aerospace & Defense median
P/E n/m 34.20 31.91
P/S n/m 2.88 3.62
P/B 1.81 13.69 2.59
Price to free cash flow n/m 44.73 31.60
EV/EBITDA n/m 19.80 17.80
EV/Sales n/m 3.20 3.56
Earnings yield (24.32%) 2.92% 1.33%
Free cash flow yield (19.77%) 2.24% 0.18%

Profitability

Metric ACHR ATRO Aerospace & Defense median
Gross margin 0.00% 32.54% 25.48%
Operating margin 0.00% 13.40% 4.54%
Net margin 0.00% 8.40% 2.22%
Free cash flow margin 0.00% 6.44% 0.00%
Return on equity (44.47%) 33.68% 6.03%
Return on assets (38.52%) 11.24% 2.70%
Return on invested capital (126.95%) 15.79% 1.56%

Growth

Metric ACHR ATRO Aerospace & Defense median
Revenue growth (TTM) — 14.49% 18.43%
EPS growth (last fiscal year) 30.28% 276.10% 24.27%
Revenue growth, 5-year CAGR — 11.40% 9.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ACHR ATRO Aerospace & Defense median
Debt to equity 0.06 1.57 0.24
Current ratio 10.21 2.97 2.72
Net debt to EBITDA 2.62 3.12 1.12

Dividend

Metric ACHR ATRO Aerospace & Defense median
Dividend yield — — 0.92%
Payout ratio — — 0.33

Size

Metric ACHR ATRO Aerospace & Defense median
Market cap 3.61b 2.72b 2.23b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack