Astec Industries
Market Cap
€791.7m
Last Updated
2019/12/09 21:23 UTC
Data Sources
Company Financials +
Executive Summary
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Astec Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AI2's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.0%
AI2
0.2%
DE Machinery
1.0%
DE Market
1 Year Return
23.1%
AI2
-4.3%
DE Machinery
16.4%
DE Market
Return vs Industry: AI2 exceeded the German Machinery industry which returned -4.3% over the past year.
Return vs Market: AI2 exceeded the German Market which returned 16.4% over the past year.
Shareholder returns
| AI2 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 0.2% | 1.0% |
| 30 Day | 2.4% | -1.3% | -0.4% |
| 90 Day | 26.3% | 2.2% | 6.5% |
| 1 Year | 24.7%23.1% | -1.2%-4.3% | 20.0%16.4% |
| 3 Year | -44.4%-46.0% | -9.3%-15.9% | 19.9%9.3% |
| 5 Year | 26.7%20.8% | 22.4%8.4% | 40.8%21.7% |
Price Volatility Vs. Market
How volatile is Astec Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Astec Industries undervalued compared to its fair value and its price relative to the market?
1.42x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AI2 (€34.8) is trading above our estimate of fair value (€18.68)
Significantly Below Fair Value: AI2 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AI2 is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.
PE vs Market: AI2 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AI2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AI2 is good value based on its PB Ratio (1.4x) compared to the DE Machinery industry average (1.5x).
Next Steps
Future Growth
How is Astec Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
18.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AI2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: AI2 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AI2's is expected to become profitable in the next 3 years.
Revenue vs Market: AI2's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: AI2's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AI2's Return on Equity is forecast to be low in 3 years time (4.9%).
Next Steps
Past Performance
How has Astec Industries performed over the past 5 years?
-39.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AI2 is currently unprofitable.
Growing Profit Margin: AI2 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AI2 is unprofitable, and losses have increased over the past 5 years at a rate of -39% per year.
Accelerating Growth: Unable to compare AI2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AI2 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-0.6%).
Return on Equity
High ROE: AI2 has a negative Return on Equity (-1.06%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Astec Industries's financial position?
Financial Position Analysis
Short Term Liabilities: AI2's short term assets ($529.9M) exceed its short term liabilities ($173.1M).
Long Term Liabilities: AI2's short term assets ($529.9M) exceed its long term liabilities ($25.0M).
Debt to Equity History and Analysis
Debt Level: AI2's debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: AI2's debt to equity ratio has reduced from 1.4% to 0.1% over the past 5 years.
Debt Coverage: AI2's debt is well covered by operating cash flow (8135.1%).
Interest Coverage: Insufficient data to determine if AI2's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: AI2 has a high level of physical assets or inventory.
Debt Coverage by Assets: AI2's debt is covered by short term assets (assets are 575.3x debt).
Next Steps
Dividend
What is Astec Industries's current dividend yield, its reliability and sustainability?
1.13%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AI2's dividend (1.13%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.37%).
High Dividend: AI2's dividend (1.13%) is low compared to the top 25% of dividend payers in the German market (3.59%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AI2 has been paying a dividend for less than 10 years.
Growing Dividend: AI2's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: AI2 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Astec Industries's salary, the management and board of directors tenure and is there insider trading?
4.4yrs
Average management tenure
CEO
Barry Ruffalo (49yo)
0.3yrs
Tenure
Mr. Barry A. Ruffalo serves as President, Chief Executive Officer and Director at Astec Industries, Inc. since August 12, 2019. He had been Group President of Engineered Support Structures for Valmont Indu ...
Management Age and Tenure
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: AI2's management team is considered experienced (4.4 years average tenure).
Board Age and Tenure
7.3yrs
Average Tenure
72.5yo
Average Age
Experienced Board: AI2's board of directors are considered experienced (7.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Administrative Officer VP of Administration |
| Shares | 2,200 |
| Max Price | US$25.09 |
| Entity | Individual |
| Role | Senior Key Executive Group President of Infrastructure & Energy |
| Shares | 2,000 |
| Max Price | US$25.25 |
| Entity | Individual |
| Role | Senior Key Executive Group President of Infrastructure & Energy |
| Shares | 2,000 |
| Max Price | US$29.23 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Tom Kruger (61yo)
Managing Director of Osborn Engineered Products SA (PTY) Ltd
- Tenure: 14.8yrs
Rick Dorris (58yo)
COO & Executive VP
- Tenure: 5.9yrs
- Compensation: US$554.88k
David Silvious (51yo)
Executive Officer
- Tenure: 0yrs
- Compensation: US$400.38k
Steve Anderson (55yo)
VP of Administration
- Tenure: 8.3yrs
Barry Ruffalo (49yo)
President
- Tenure: 0.3yrs
Jeff Schwarz (52yo)
Group President of Aggregate & Mining
- Tenure: 5.4yrs
- Compensation: US$532.66k
Jaco van der Merwe (46yo)
Group President of Infrastructure & Energy
- Tenure: 3.3yrs
- Compensation: US$447.36k
J. Barker (55yo)
Senior Vice President of Engineering
- Tenure: 0.9yrs
Matt Litchfield
Chief Information Officer
- Tenure: 0.2yrs
Rebecca Weyenberg (55yo)
Chief Financial Officer
- Tenure: 0yrs
Board Members
Jim Baker (73yo)
Independent Director
- Tenure: 9.9yrs
- Compensation: US$135.00k
Charles Potts (75yo)
Independent Director
- Tenure: 5.9yrs
- Compensation: US$127.50k
Dan Frierson (77yo)
Independent Director
- Tenure: 25.9yrs
- Compensation: US$132.50k
Bill Gehl (72yo)
Independent Chairman of the Board
- Tenure: 0.9yrs
- Compensation: US$127.50k
William Dorey (74yo)
Independent Director
- Tenure: 8.7yrs
- Compensation: US$137.50k
Glen Tellock (58yo)
Independent Director
- Tenure: 13.7yrs
- Compensation: US$127.50k
Bill Sansom (77yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$142.50k
Brad Southern (59yo)
Independent Director
- Tenure: 1.2yrs
- Compensation: US$816.00
Barry Ruffalo (49yo)
President
- Tenure: 0.3yrs
Tracey Cook (51yo)
Independent Director
- Tenure: 1.1yrs
Company Information
Astec Industries, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Astec Industries, Inc.
- Ticker: AI2
- Exchange: DB
- Founded: 1972
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$874.798m
- Listing Market Cap: US$791.692m
- Shares outstanding: 22.55m
- Website: https://www.astecindustries.com
Number of Employees
Location
- Astec Industries, Inc.
- 1725 Shepherd Road
- Chattanooga
- Tennessee
- 37421
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASTE | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Jun 1986 |
| AI2 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 1986 |
Biography
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 21:23 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.