-0.46%
5.37%
11.41%
0.90%
-0.55%
-44.06%
-14.15%
AI Spotlight on ASTE
Company Description
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.This segment provides its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies.The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services.
Astec Industries, Inc.was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.
Market Data
| Last Price | 35.41 |
| Change Percentage | -0.46% |
| Open | 35.5 |
| Previous Close | 35.57 |
| Market Cap ( Millions) | 807 |
| Volume | 22716 |
| Year High | 44.74 |
| Year Low | 28.46 |
| M A 50 | 35.49 |
| M A 200 | 33.74 |
Financial Ratios
| FCF Yield | 1.13% |
| Dividend Yield | 1.47% |
| ROE | -0.30% |
| Debt / Equity | 17.68% |
| Net Debt / EBIDTA | 102.18% |
| Price To Book | 1.28 |
| Price Earnings Ratio | -425.16 |
| Price To FCF | 88.71 |
| Price To sales | 0.63 |
| EV / EBITDA | 15.67 |
News
- Nov -07 - Astec to participate in Baird's 2024 Global Industrial Conference
- Nov -06 - Astec Industries, Inc. (ASTE) Q3 2024 Earnings Conference Call Transcript
- Nov -06 - Astec Reports Third Quarter 2024 Results
- Oct -28 - Astec Industries: Still Driving Down An Ugly Path
- Oct -24 - Astec Announces Quarterly Dividend
- Oct -10 - Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Third Quarter Conference Call on November 6, 2024 at 8:30 A.M. Eastern Time
- Sep -13 - Astec Industries, Inc. (NASDAQ: ASTE) to Present at Sidoti Small-Cap Virtual Investor Conference on September 19, 2024 at 10:00 A.M. Eastern Daylight Time
- Aug -07 - Astec Industries, Inc. (ASTE) Q2 2024 Earnings Call Transcript
- Aug -07 - Astec Reports Second Quarter 2024 Results
- Jul -29 - Astec Announces Quarterly Dividend
- Jul -15 - Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company's Second Quarter Conference Call on August 7, 2024 at 8:30 A.M. Eastern Time
- Jun -28 - The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Establish Communication
- Jun -27 - The Schall Law Firm Urges Investors In Astec Industries Inc With Losses Of $100,000 To Initiate Contact
- Jun -25 - The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Initiate Contact
- Jun -25 - Is the Options Market Predicting a Spike in Astec (ASTE) Stock?
- Jun -24 - The Schall Law Firm Urges Investors In Astec Industries Inc With Losses Of $100,000 To Establish Communication
- Jun -24 - The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Publicly-Traded Astec Industries, Inc. Common Stock - ASTE
- Jun -23 - The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Make Contact
- Jun -22 - The Schall Law Firm Urges Investors In Astec Industries Inc With Losses Of $100,000 To Reach Out
- Jun -21 - The Schall Law Firm Encourages Investors In Astec Industries Inc With Losses Of $100,000 To Make Contact
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Infrastructure Solutions
Expected Growth : 1.8 %
What the company do ?
Astec Industries' Infrastructure Solutions provide innovative road building, asphalt, and concrete equipment, as well as material processing and handling systems for infrastructure development.
Why we expect these perspectives ?
Astec Industries' Infrastructure Solutions segment growth of 1.8% is driven by increasing demand for road construction and maintenance, government investments in infrastructure development, and rising adoption of sustainable and energy-efficient solutions. Additionally, the company's focus on innovation, product diversification, and strategic acquisitions are contributing to its growth momentum.
Segment n°2 -> Materials Solutions
Expected Growth : 1.9 %
What the company do ?
Materials Solutions from Astec Industries, Inc. provides innovative products and services for the material handling and processing industries, enhancing efficiency and productivity.
Why we expect these perspectives ?
Astec Industries' Materials Solutions segment growth of 1.9% is driven by increasing demand for asphalt and concrete equipment, infrastructure investments, and growing adoption of sustainable construction practices. Additionally, the company's focus on innovation, product diversification, and strategic acquisitions contribute to its growth momentum.
Segment n°3 -> Corporate
Expected Growth : 2.1 %
What the company do ?
Astec Industries, Inc. is a corporation that designs, engineers, manufactures, and markets equipment and components used in the construction, mining, and energy industries.
Why we expect these perspectives ?
Astec Industries' corporate segment growth of 2.1% is driven by increasing demand for infrastructure development, government investments in road construction, and rising adoption of sustainable energy solutions. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth.
Astec Industries, Inc. Products
| Product Range | What is it ? |
|---|---|
| Asphalt Plants | Astec Industries, Inc. offers a range of asphalt plants that provide high-quality hot mix asphalt for road construction and repair projects. |
| Concrete Plants | Astec Industries, Inc. provides concrete plants that are designed to produce high-quality concrete for various construction projects. |
| Crushing and Screening Equipment | Astec Industries, Inc. offers a range of crushing and screening equipment for mining, quarrying, and recycling applications. |
| Wood Pellet Plants | Astec Industries, Inc. provides wood pellet plants that convert biomass into renewable energy sources. |
| Storage and Transfer Equipment | Astec Industries, Inc. offers storage and transfer equipment for bulk materials handling and storage. |
| Thermal Processing Equipment | Astec Industries, Inc. provides thermal processing equipment for drying, cooling, and calcining applications. |
Astec Industries, Inc.'s Porter Forces
Threat Of Substitutes
Astec Industries, Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative products and services.
Bargaining Power Of Customers
Astec Industries, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Astec Industries, Inc. relies on a few key suppliers for critical components, which gives them some bargaining power. However, the company's size and scale of operations mitigate this risk to some extent.
Threat Of New Entrants
The capital-intensive nature of Astec Industries, Inc.'s business, combined with the need for specialized expertise and equipment, creates barriers to entry for new entrants.
Intensity Of Rivalry
Astec Industries, Inc. operates in a highly competitive industry with several established players, leading to intense rivalry and competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 11.28% |
| Debt Cost | 10.97% |
| Equity Weight | 88.72% |
| Equity Cost | 10.97% |
| WACC | 10.97% |
| Leverage | 12.72% |
Astec Industries, Inc. : Quality Control
Astec Industries, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TWI | Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent … |
| HYFM | Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company … |
| MNTX | Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. It designs, manufactures, and distributes products that are used in various industries. The … |
| CMCO | Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, … |
| MTW | The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Astec Industries
A-Score
1-Year Total Return ->
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Columbus McKinnon
A-Score
1-Year Total Return ->
🥉
Hydrofarm Holdings
A-Score
1-Year Total Return ->
4
Titan International
A-Score
1-Year Total Return ->
5
Manitowoc
A-Score
1-Year Total Return ->
6
