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Astec Industries

DB:AI2
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AI2
DB
$696M
Market Cap
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Last updated 2019/05/21 21:50
Company description

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. The last earnings update was 12 days ago. More info.

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  • Astec Industries has significant price volatility in the past 3 months.
AI2 Share Price and Events
7 Day Returns
-1.4%
DB:AI2
0.9%
DE Machinery
0.3%
DE Market
1 Year Returns
-44.6%
DB:AI2
-24.7%
DE Machinery
-11.6%
DE Market
AI2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Astec Industries (AI2) -1.4% -25.7% -19% -44.6% -38.7% -3%
DE Machinery 0.9% -7.8% -3% -24.7% -11.1% 9.7%
DE Market 0.3% -3.8% 2.5% -11.6% 10.1% 7.9%
1 Year Return vs Industry and Market
  • AI2 underperformed the Machinery industry which returned -24.7% over the past year.
  • AI2 underperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
AI2
Industry
5yr Volatility vs Market

Value

 Is Astec Industries 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 Astec Industries. This is due to cash flow or dividend data being unavailable. The share price is €27.815.
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 Astec Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Astec Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AI2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-2.92
NasdaqGS:ASTE Share Price ** NasdaqGS (2019-05-21) in USD $31.55
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 16.13x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.29x

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

** Primary Listing of Astec Industries.

DB:AI2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ASTE Share Price ÷ EPS (both in USD)

= 31.55 ÷ -2.92

 -10.81x

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

  • Astec Industries is loss making, we can't compare its value to the DE Machinery industry average.
  • Astec Industries is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Astec Industries's expected growth come at a high price?
Raw Data
DB:AI2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts		 94.2%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.33x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.5x

*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 Astec Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Astec Industries's assets?
Raw Data
DB:AI2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $26.58
NasdaqGS:ASTE Share Price * NasdaqGS (2019-05-21) in USD $31.55
Germany Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 1.68x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.79x
DB:AI2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ASTE Share Price ÷ Book Value per Share (both in USD)

= 31.55 ÷ 26.58

 1.19x

* Primary Listing of Astec Industries.

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

  • Astec Industries is good value based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Astec Industries'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
    5. Astec Industries has a total score of 1/6, 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 Astec Industries expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
94.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Astec Industries expected to grow at an attractive rate?
  • Astec Industries's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Astec Industries's earnings growth is expected to exceed the Germany market average.
  • Astec Industries's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AI2 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AI2 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 94.2%
DB:AI2 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 1.9%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.8%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
DB:AI2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AI2 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,228 58 3
2019-12-31 1,223 54 3
DB:AI2 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,172 -5 -66
2018-12-31 1,172 -30 -60
2018-09-30 1,167 11 -2
2018-06-30 1,162 69 -12
2018-03-31 1,192 44 43
2017-12-31 1,185 42 38
2017-09-30 1,199 49 39
2017-06-30 1,195 62 49
2017-03-31 1,187 75 53
2016-12-31 1,147 135 55
2016-09-30 1,036 105 46
2016-06-30 999 81 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Astec Industries's earnings are expected to grow significantly at over 20% yearly.
  • Astec Industries's revenue is expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
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
DB:AI2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Astec Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AI2 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 2.73 3.00 2.25 3.00
2019-12-31 2.34 2.45 2.22 3.00
DB:AI2 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -2.92
2018-12-31 -2.64
2018-09-30 -0.11
2018-06-30 -0.53
2018-03-31 1.86
2017-12-31 1.64
2017-09-30 1.71
2017-06-30 2.12
2017-03-31 2.28
2016-12-31 2.40
2016-09-30 2.02
2016-06-30 1.82

*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 Astec Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Show me more growth companies in the Machinery industry
X
Future performance checks
We assess Astec Industries'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Astec Industries has a total score of 3/6, 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 Astec Industries 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 Astec Industries's growth in the last year to its industry (Machinery).
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.
  • Astec Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Astec Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Astec Industries's 1-year growth to the DE Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Astec Industries'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 Astec Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AI2 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,171.93 -66.44 187.07 28.33
2018-12-31 1,171.60 -60.45 180.80 28.33
2018-09-30 1,166.97 -2.49 172.34 26.82
2018-06-30 1,162.41 -12.15 166.77 26.82
2018-03-31 1,191.79 42.94 159.73 26.82
2017-12-31 1,184.74 37.80 160.78 26.82
2017-09-30 1,198.93 39.26 163.27 24.97
2017-06-30 1,194.63 48.76 161.72 24.97
2017-03-31 1,187.11 52.54 162.46 24.97
2016-12-31 1,147.43 55.16 153.15 24.97
2016-09-30 1,035.88 46.37 149.26 23.68
2016-06-30 999.48 41.82 146.33 23.68
2016-03-31 973.13 35.44 144.68 23.68
2015-12-31 983.16 32.80 145.18 23.68
2015-09-30 1,007.65 37.70 147.09 22.13
2015-06-30 1,016.46 37.33 144.93 22.13
2015-03-31 1,025.67 40.02 141.87 22.13
2014-12-31 975.60 34.46 141.49 22.13
2014-09-30 959.95 34.22 141.08 18.10
2014-06-30 952.97 38.82 138.85 18.10
2014-03-31 923.84 35.42 136.39 18.10
2013-12-31 933.00 39.04 133.34 18.10
2013-09-30 936.78 36.28 134.11 20.52
2013-06-30 941.99 36.78 135.89 20.52
2013-03-31 932.14 35.21 136.55 20.52
2012-12-31 936.27 34.05 136.32 20.52
2012-09-30 924.71 36.28 131.44 20.76
2012-06-30 920.94 36.99 130.39 20.76

*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 Astec Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Astec Industries has efficiently used its assets last year compared to the DE Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Astec Industries 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 Astec Industries'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 Machinery 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.
Astec Industries 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 Astec Industries'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 Astec Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Astec Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Astec Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Astec Industries'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 9.4x 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 Astec Industries Company Filings, last reported 1 month ago.

DB:AI2 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 599.27 61.26 30.20
2018-12-31 585.29 60.12 27.77
2018-09-30 646.27 27.30 28.11
2018-06-30 656.98 2.37 67.18
2018-03-31 708.08 3.41 43.69
2017-12-31 686.77 4.04 63.90
2017-09-30 675.20 4.91 68.03
2017-06-30 678.31 5.34 54.14
2017-03-31 664.35 7.01 56.81
2016-12-31 648.84 11.29 83.40
2016-09-30 644.93 6.94 53.19
2016-06-30 639.57 10.63 70.36
2016-03-31 626.26 10.92 64.10
2015-12-31 609.86 9.68 26.60
2015-09-30 612.39 9.21 15.82
2015-06-30 619.19 12.02 19.08
2015-03-31 607.72 10.46 14.66
2014-12-31 596.15 10.90 14.94
2014-09-30 598.35 8.29 15.72
2014-06-30 603.92 6.10 20.00
2014-03-31 589.25 2.10 46.43
2013-12-31 580.51 0.54 52.74
2013-09-30 573.59 0.33 62.69
2013-06-30 566.02 0.22 58.15
2013-03-31 560.68 0.92 74.64
2012-12-31 550.73 0.00 82.26
2012-09-30 560.58 0.00 37.31
2012-06-30 552.75 0.00 37.94
  • Astec Industries's level of debt (10.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.4% vs 10.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Astec Industries's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Astec Industries'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. Astec Industries has a total score of 3/6, 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 Astec Industries'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
1.39%
Current annual income from Astec Industries dividends.
If you bought €2,000 of Astec Industries shares you are expected to receive €28 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?
  • Astec Industries's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Astec Industries's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
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
DB:AI2 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 3 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:AI2 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
DB:AI2 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-22 0.440 1.196
2018-10-26 0.440 1.264
2018-10-23 0.440 1.292
2018-04-30 0.400 0.753
2018-02-26 0.400 0.703
2017-10-30 0.400 0.696
2017-07-28 0.400 0.797
2017-04-28 0.400 0.707
2017-02-24 0.400 0.646
2016-10-28 0.400 0.604
2016-08-01 0.400 0.686
2016-02-26 0.400 0.796
2015-10-23 0.400 1.069
2015-07-24 0.400 1.101
2015-04-24 0.400 0.957
2015-02-26 0.400 0.941
2014-10-23 0.400 1.054
2014-07-28 0.400 1.028
2014-07-22 0.400 0.991
2014-02-27 0.400 0.961
2013-10-25 0.400 1.103
2013-07-26 0.400 1.131
2013-04-26 0.400 1.143

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

  • Whilst dividend payments have been stable, Astec Industries has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Astec Industries only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Astec Industries's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 Astec Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Astec Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Astec Industries 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 Astec Industries'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
Rick Dorris
COMPENSATION $554,875
AGE 57
TENURE AS CEO 0.3 years
CEO Bio

Mr. Richard J. Dorris, also known as Rick, serves as Interim Chief Executive Officer and President at Astec Industries, Inc. since January 22, 2019. Mr. Dorris has been the Chief Operating Officer and served as its Executive Vice President of Astec Industries, Inc. since January 1, 2014. Mr. Dorris served as Group Vice President of Energy at Astec Industries, Inc. since August 22, 2012 until December 2013. Mr. Dorris served as the President of Heatec, Inc., a subsidiary of Astec Industries, Inc. since April 2004 until January 1, 2014. From 1999 to 2004, he served as a National Accounts Manager, Project Manager and Director of Projects for Astec, Inc. prior to joining Astec, Inc. he served as the President of Esstee Manufacturing Company from 1990 to 1999 and served as Sales Engineer from 1984 to 1990. Mr. Dorris holds a B.S. degree in Mechanical Engineering from the University of Tennessee.

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

Average tenure and age of the Astec Industries management team in years:

6.3
Average Tenure
54
Average Age
  • The average tenure for the Astec Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rick Dorris

TITLE
Interim CEO
COMPENSATION
$555K
AGE
57
TENURE
0.3 yrs

David Silvious

TITLE
CFO, VP & Treasurer
COMPENSATION
$400K
AGE
50
TENURE
7.8 yrs

Jeff Schwarz

TITLE
Group President of Aggregate & Mining
COMPENSATION
$533K
AGE
51
TENURE
4.8 yrs

Jaco van der Merwe

TITLE
Group President of Infrastructure
COMPENSATION
$447K
AGE
45
TENURE
2.8 yrs

Steve Anderson

TITLE
VP of Administration
AGE
54
TENURE
7.8 yrs

Tom Kruger

TITLE
Managing Director of Osborn Engineered Products SA (PTY) Ltd
AGE
60
TENURE
14.3 yrs

Martin Dummigan

TITLE
Managing Director of Telestack
AGE
49
TENURE
3.3 yrs

J. Barker

TITLE
Group President of Energy
AGE
54
TENURE
0.3 yrs

Tim Gonigam

TITLE
President of Astec Mobile Screens Inc
AGE
55
TENURE
19.3 yrs

Robin Leffew

TITLE
Corporate Controller
AGE
56
TENURE
7.8 yrs
Board of Directors Tenure

Average tenure and age of the Astec Industries board of directors in years:

5.3
Average Tenure
71.5
Average Age
  • The tenure for the Astec Industries board of directors is about average.
Board of Directors

Bill Gehl

TITLE
Chairman of the Board
COMPENSATION
$128K
AGE
71
TENURE
0.3 yrs

Dan Frierson

TITLE
Independent Director
COMPENSATION
$133K
AGE
76
TENURE
25.3 yrs

Jim Baker

TITLE
Independent Director
COMPENSATION
$135K
AGE
72
TENURE
9.3 yrs

William Dorey

TITLE
Independent Director
COMPENSATION
$138K
AGE
73
TENURE
8.1 yrs

Bill Sansom

TITLE
Lead Independent Director
COMPENSATION
$143K
AGE
76

Glen Tellock

TITLE
Independent Director
COMPENSATION
$128K
AGE
57
TENURE
13.1 yrs

Charles Potts

TITLE
Independent Director
COMPENSATION
$128K
AGE
74
TENURE
5.3 yrs

Brad Southern

TITLE
Director
COMPENSATION
$816
AGE
58
TENURE
0.6 yrs

Tracey Cook

TITLE
Director
AGE
50
TENURE
0.5 yrs

Mary Howell

TITLE
Director
AGE
65
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Astec Industries insiders in the past 3 months.
Show me more companies with insider buying in the Machinery industry
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
09. May 19 Buy Jaco van der Merwe Individual 08. May 19 08. May 19 2,000 €29.23 €58,452
24. Oct 18 Buy Associated Capital Group Inc, Asset Management Arm Company 23. Oct 18 23. Oct 18 50 €32.60 €1,630
24. Oct 18 Sell GAMCO Investors, Inc. Company 27. Aug 18 15. Oct 18 -24,348 €44.30 €-360,297
24. Oct 18 Buy GAMCO Investors, Inc. Company 24. Aug 18 23. Oct 18 117,915 €45.76 €1,593,687
X
Management checks
We assess Astec Industries'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. Astec Industries 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

Company Info

Description

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. The company’s Infrastructure Group segment provides hot-mix asphalt plants, wood pellet plants, asphalt pavers, material transfer vehicles, soil stabilizing reclaiming machinery, milling machines, paver screeds, and related ancillary equipment. This segment serves asphalt producers, highway and heavy equipment contractors, and governmental agencies. Its Aggregate and Mining Group segment offers jaw and cone crushers, horizontal and vertical shaft impactors, material handling products, roll rock crushers, stationary rockbreaker systems, vibrating equipment, conveyors, inclined products, vertical and horizontal screens, and sand classifying and washing equipment. This segment serves distributors, open mine operators, quarry operators, port and inland terminal operators, highway and heavy equipment contractors, and governmental agencies. The company’s Energy Group segment offers thermal fluid heaters, process heaters, waste heat recovery equipment, liquid storage systems, and polymer and rubber blending systems; thermal fluid heaters, portable and stationary storage tanks, and rubberized asphalt and polymer blending systems; drilling rigs and related equipment; whole-tree pulpwood chippers, biomass chippers, horizontal grinders and blower trucks; commercial and industrial burners and combustion control systems; and stationary and portable, central mix and ready mix concrete batch plants, concrete mixers and concrete paving equipment. This segment serves oil and gas field operators, industrial product manufacturers, independent contractors, ready mix concrete producers, heating equipment distributors, and government agencies. The company was founded in 1972 and is based in Chattanooga, Tennessee.

Details
Name: Astec Industries, Inc.
AI2
Exchange: DB
Founded: 1972
$623,179,617
22,530,632
Website: http://www.astecindustries.com
Address: Astec Industries, Inc.
1725 Shepherd Road,
Chattanooga,
Tennessee, 37421,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ASTE Common Shares Nasdaq Global Select US USD 18. Jun 1986
DB AI2 Common Shares Deutsche Boerse AG DE EUR 18. Jun 1986
Number of employees
Current staff
Staff numbers
4,344
Astec Industries employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 21:50
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/04/23
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.

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