MeritValue

AstroNova, Inc.

ALOTdata completeness 100%16 fiscal years on file
i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$117.5M1$142.5M2$148.1M3$151.3M3$150.5M3
Net income$6.43M4$2.66M5$4.69M6−$14.5M6−$2.38M6
Operating cash flow$1.39M7−$2.94M8$12.4M9$4.85M9$11.7M9
Capital expenditure$1.8M10$229,00011$875,00012$1.17M12$332,00012
Free cash flow (derived)−$402,0007−$3.17M8$11.5M9$3.68M9$11.4M9
Total debt$9.15M13$14.1M14$12.9M15$25.7M16$21.3M16
Cash & equivalents$5.28M17$3.95M18$4.53M19$5.05M20$4.07M20
Diluted shares7.3M7.4M7.5M7.5M7.6M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.00013%
of the whole company
Your share of last year’s profit
−$3.12
Your share of its debt
$28.01
Your share of free cash flow
$14.98
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
$27.31
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth5.0%
  • fcfBase$11.4M
DCF · Growth Exit 5Y
$24.98
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth5.0%
  • fcfBase$11.4M
Earnings Power Value
$3.68
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$2.66M
  • growthAssumed0.0%
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

iv. The price question — last, on purpose
What does today’s price assume?
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years5.0%
Discount rate (WACC)8.78%
Terminal growth2.5%
At your growth, a share is worth $24.98

Default growth 5.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 10-K · period ending 2022-01-31 · accession 0000950170-24-043875 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2023-01-31 · accession 0000950170-25-054163 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2024-01-31 · accession 0001193125-26-156927 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2022-01-31 · accession 0000950170-24-043875 (NetIncomeLoss)
  5. 10-K · period ending 2023-01-31 · accession 0000950170-25-054163 (NetIncomeLoss)
  6. 10-K/A · period ending 2024-01-31 · accession 0001193125-26-251606 (NetIncomeLoss)
  7. 10-K · period ending 2022-01-31 · accession 0000950170-24-043875 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2023-01-31 · accession 0000950170-25-054163 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2024-01-31 · accession 0001193125-26-156927 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-01-31 · accession 0000950170-24-043875 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2023-01-31 · accession 0000950170-25-054163 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 10-K · period ending 2024-01-31 · accession 0001193125-26-156927 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2022-01-31 · accession 0001193125-23-103662 (LongTermDebtNoncurrent)
  14. 10-K · period ending 2023-01-31 · accession 0000950170-24-043875 (LongTermDebtNoncurrent)
  15. 10-K · period ending 2024-01-31 · accession 0000950170-25-054163 (LongTermDebtNoncurrent)
  16. 10-K · period ending 2025-01-31 · accession 0001193125-26-156927 (LongTermDebtNoncurrent)
  17. 10-K · period ending 2022-01-31 · accession 0001193125-23-103662 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2023-01-31 · accession 0000950170-24-043875 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2024-01-31 · accession 0000950170-25-054163 (CashAndCashEquivalentsAtCarryingValue)
  20. 10-K · period ending 2025-01-31 · accession 0001193125-26-156927 (CashAndCashEquivalentsAtCarryingValue)