(ASTE) Astec Industries - Overview
Sector: Industrials | Industry: Farm & Heavy Construction Machinery | Exchange: NASDAQ (USA) | Market Cap: 1.117m USD | Total Return: 28.6% in 12m
Avg Turnover: 14.1M
EPS Trend: 72.3%
Qual. Beats: 0
Rev. Trend: 48.3%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Astec Industries, Inc. (ASTE) is a global manufacturer of specialized equipment for road building, aggregate processing, and infrastructure construction. Operating through its Infrastructure Solutions and Materials Solutions segments, the company produces a wide range of machinery including asphalt and concrete plants, crushing and screening units, and environmental recycling equipment.
The business model relies on a mix of capital equipment sales and recurring revenue from aftermarket parts and services, which are critical for maintaining heavy machinery in abrasive operating environments. As a player in the construction machinery sector, Astec is highly sensitive to government infrastructure spending and global commodity demand for sand, gravel, and minerals.
For a deeper look into the companys valuation metrics and historical performance, consider reviewing the detailed data available on ValueRay.
Founded in 1972 and based in Chattanooga, Tennessee, the company serves a diverse client base ranging from private contractors and mining operators to government agencies and port authorities.
- Federal infrastructure spending levels dictate demand for asphalt and concrete plants
- Global commodity prices and mining activity influence material processing equipment sales
- Raw material costs and freight inflation pressure manufacturing operating margins
- Adoption of recycled asphalt technology drives infrastructure segment revenue growth
- Aging domestic highway infrastructure necessitates replacement cycle for road building machinery
| Net Income: 25.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -4.21 > 1.0 |
| NWC/Revenue: 31.81% < 20% (prev 34.72%; Δ -2.92% < -1%) |
| CFO/TA 0.06 > 3% & CFO 82.1m > Net Income 25.8m |
| Net Debt (292.7m) to EBITDA (109.6m): 2.67 < 3 |
| Current Ratio: 2.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (23.3m) vs 12m ago 1.19% < -2% |
| Gross Margin: 26.07% > 18% (prev 0.26%; Δ 2.58k% > 0.5%) |
| Asset Turnover: 118.9% > 50% (prev 125.5%; Δ -6.60% > 0%) |
| Interest Coverage Ratio: 2.74 > 6 (EBITDA TTM 109.6m / Interest Expense TTM 23.9m) |
| A: 0.33 (Total Current Assets 819.5m - Total Current Liabilities 349.6m) / Total Assets 1.43b |
| B: 0.40 (Retained Earnings 566.5m / Total Assets 1.43b) |
| C: 0.05 (EBIT TTM 65.5m / Avg Total Assets 1.24b) |
| D: 0.70 (Book Value of Equity 528.6m / Total Liabilities 750.8m) |
| Altman-Z'' = 4.54 = AA |
| DSRI: 1.09 (Receivables 215.6m/177.3m, Revenue 1.48b/1.33b) |
| GMI: 0.99 (GM 26.07% / 25.93%) |
| AQI: 1.98 (AQ_t 0.26 / AQ_t-1 0.13) |
| SGI: 1.11 (Revenue 1.48b / 1.33b) |
| TATA: -0.04 (NI 25.8m - CFO 82.1m) / TA 1.43b) |
| Beneish M = -2.33 (Cap -4..+1) = BBB |
As of May 27, 2026, the stock is trading at USD 50.77 with a total of 151,037 shares traded.
Over the past week, the price has changed by +6.88%,
over one month by -13.36%,
over three months by -18.16% and
over the past year by +28.55%.
Astec Industries has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy ASTE.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 72 | 41.8% |
P/E Trailing = 43.375
P/E Forward = 12.1065
P/S = 0.7561
P/B = 1.6472
P/EG = 1.1
Revenue TTM = 1.48b USD
EBIT TTM = 65.5m USD
EBITDA TTM = 109.6m USD
Long Term Debt = 365.5m USD (from longTermDebt, last quarter)
Short Term Debt = 16.2m USD (from shortTermDebt, last quarter)
Debt = 369.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 4.09m
Net Debt = 292.7m USD (calculated: Debt 369.6m - CCE 76.9m)
Enterprise Value = 1.41b USD (1.12b + Debt 369.6m - CCE 76.9m)
Interest Coverage Ratio = 2.74 (Ebit TTM 65.5m / Interest Expense TTM 23.9m)
EV/FCF = 37.89x (Enterprise Value 1.41b / FCF TTM 37.2m)
FCF Yield = 2.64% (FCF TTM 37.2m / Enterprise Value 1.41b)
FCF Margin = 2.52% (FCF TTM 37.2m / Revenue TTM 1.48b)
Net Margin = 1.75% (Net Income TTM 25.8m / Revenue TTM 1.48b)
Gross Margin = 26.07% ((Revenue TTM 1.48b - Cost of Revenue TTM 1.09b) / Revenue TTM)
Gross Margin QoQ = 25.01% (prev 27.28%)
Tobins Q-Ratio = 0.99 (Enterprise Value 1.41b / Total Assets 1.43b)
Interest Expense / Debt = 6.47% (Interest Expense 23.9m / Debt 369.6m)
Taxrate = 26.93% (14.3m / 53.1m)
NOPAT = 47.9m (EBIT 65.5m * (1 - 26.93%))
Current Ratio = 2.34 (Total Current Assets 819.5m / Total Current Liabilities 349.6m)
Debt / Equity = 0.55 (Debt 369.6m / totalStockholderEquity, last quarter 678.1m)
Debt / EBITDA = 2.67 (Net Debt 292.7m / EBITDA 109.6m)
Debt / FCF = 7.87 (Net Debt 292.7m / FCF TTM 37.2m)
Total Stockholder Equity = 675.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.08% (Net Income 25.8m / Total Assets 1.43b)
RoE = 3.82% (Net Income TTM 25.8m / Total Stockholder Equity 675.9m)
RoCE = 6.29% (EBIT 65.5m / Capital Employed (Equity 675.9m + L.T.Debt 365.5m))
RoIC = 4.70% (NOPAT 47.9m / Invested Capital 1.02b)
WACC = 8.32% (E(1.12b)/V(1.49b) * Re(9.51%) + D(369.6m)/V(1.49b) * Rd(6.47%) * (1-Tc(0.27)))
Discount Rate = 9.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 0.88%
[DCF] Terminal Value 73.10% ; FCFF base≈51.1m ; Y1≈44.8m ; Y5≈36.2m
[DCF] Fair Price = 12.56 (EV 581.4m - Net Debt 292.7m = Equity 288.7m / Shares 23.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 72.33 | EPS CAGR: 18.10% | SUE: -0.61 | # QB: 0
Revenue Correlation: 48.32 | Revenue CAGR: 2.20% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.08 | Chg30d=+2.53% | Revisions=+43% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.75 | Chg30d=+28.26% | Revisions=+43% | Analysts=4
EPS current Year (2026-12-31): EPS=3.60 | Chg30d=-3.74% | Revisions=-50% | GrowthEPS=+8.1% | GrowthRev=+14.6%
EPS next Year (2027-12-31): EPS=4.21 | Chg30d=-3.99% | Revisions=-25% | GrowthEPS=+16.9% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: -50%