ASTE Stock Overview
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally.
Astec Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.10|
|52 Week High||US$75.00|
|52 Week Low||US$36.31|
|1 Month Change||11.84%|
|3 Month Change||-15.81%|
|1 Year Change||-35.62%|
|3 Year Change||42.26%|
|5 Year Change||-21.21%|
|Change since IPO||1,756.84%|
Recent News & Updates
Astec Industries (NASDAQ:ASTE) Has Re-Affirmed Its Dividend Of US$0.12
Astec Industries, Inc. ( NASDAQ:ASTE ) has announced that it will pay a dividend of US$0.12 per share on the 27th of...
Is Astec Industries (NASDAQ:ASTE) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|ASTE||US Machinery||US Market|
Return vs Industry: ASTE underperformed the US Machinery industry which returned -13.9% over the past year.
Return vs Market: ASTE underperformed the US Market which returned -8.1% over the past year.
|ASTE Average Weekly Movement||6.2%|
|Machinery Industry Average Movement||5.6%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: ASTE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASTE's weekly volatility (6%) has been stable over the past year.
About the Company
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services.
Astec Industries Fundamentals Summary
|ASTE fundamental statistics|
Is ASTE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASTE income statement (TTM)|
|Cost of Revenue||US$854.40m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.59|
|Net Profit Margin||1.21%|
How did ASTE perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Astec Industries undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASTE ($44.1) is trading below our estimate of fair value ($48.78)
Significantly Below Fair Value: ASTE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ASTE is poor value based on its PE Ratio (75.2x) compared to the US Machinery industry average (21.9x).
PE vs Market: ASTE is poor value based on its PE Ratio (75.2x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: ASTE is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: ASTE is good value based on its PB Ratio (1.5x) compared to the US Machinery industry average (2.2x).
How is Astec Industries forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASTE's forecast earnings growth (69.4% per year) is above the savings rate (1.9%).
Earnings vs Market: ASTE's earnings (69.4% per year) are forecast to grow faster than the US market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASTE's revenue (9.6% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: ASTE's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASTE's Return on Equity is forecast to be high in 3 years time
How has Astec Industries performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASTE has a large one-off loss of $5.8M impacting its March 31 2022 financial results.
Growing Profit Margin: ASTE's current net profit margins (1.2%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: ASTE's earnings have grown by 1.4% per year over the past 5 years.
Accelerating Growth: ASTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASTE had negative earnings growth (-61.5%) over the past year, making it difficult to compare to the Machinery industry average (24%).
Return on Equity
High ROE: ASTE's Return on Equity (2.1%) is considered low.
How is Astec Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ASTE's short term assets ($675.7M) exceed its short term liabilities ($256.5M).
Long Term Liabilities: ASTE's short term assets ($675.7M) exceed its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: ASTE has more cash than its total debt.
Reducing Debt: ASTE's debt to equity ratio has reduced from 1.1% to 0.8% over the past 5 years.
Debt Coverage: ASTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASTE's interest payments on its debt are well covered by EBIT (26.9x coverage).
What is Astec Industries's current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASTE's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: ASTE's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (3.97%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ASTE has been paying a dividend for less than 10 years.
Growing Dividend: ASTE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.1%), ASTE's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ASTE is paying a dividend but the company has no free cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Barry Ruffalo (51 yo)
Mr. Barry A. Ruffalo serves as an Independent Director at Masonite International Corporation since July 17, 2021. He serves as President, Chief Executive Officer and Director at Astec Industries, Inc. sinc...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD3.47M) is about average for companies of similar size in the US market ($USD3.93M).
Compensation vs Earnings: Barry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: ASTE's management team is considered experienced (2.5 years average tenure).
Experienced Board: ASTE's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Astec Industries, Inc.'s employee growth, exchange listings and data sources
- Name: Astec Industries, Inc.
- Ticker: ASTE
- Exchange: NasdaqGS
- Founded: 1972
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: US$1.045b
- Shares outstanding: 22.84m
- Website: https://www.astecindustries.com
Number of Employees
- Astec Industries, Inc.
- 1725 Shepherd Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
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.