45.65 USD
+0.14 (+0.31%)
45.65 USD
0 (0%)
Overall ASTE gets a fundamental rating of 5 out of 10. We evaluated ASTE against 132 industry peers in the Machinery industry. ASTE has an average financial health and profitability rating. ASTE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ASTE had positive earnings in the past year.
ASTE had a positive operating cash flow in the past year.
ASTE had positive earnings in 4 of the past 5 years.
ASTE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.55%, ASTE is in line with its industry, outperforming 51.52% of the companies in the same industry.
ASTE has a Return On Equity of 7.16%. This is comparable to the rest of the industry: ASTE outperforms 50.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.04%, ASTE is in line with its industry, outperforming 54.55% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASTE is significantly below the industry average of 10.27%.
The 3 year average ROIC (4.22%) for ASTE is below the current ROIC(7.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 7.16% | ||
| ROIC | 7.04% |
ROA(3y)1.19%
ROA(5y)2.21%
ROE(3y)1.93%
ROE(5y)3.16%
ROIC(3y)4.22%
ROIC(5y)4.29%
1.3 Margins
Looking at the Profit Margin, with a value of 3.50%, ASTE is in line with its industry, outperforming 46.21% of the companies in the same industry.
ASTE's Profit Margin has declined in the last couple of years.
ASTE's Operating Margin of 6.79% is in line compared to the rest of the industry. ASTE outperforms 43.18% of its industry peers.
ASTE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 26.88%, ASTE perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
In the last couple of years the Gross Margin of ASTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.79% | ||
| PM (TTM) | 3.5% | ||
| GM | 26.88% |
OM growth 3Y20.97%
OM growth 5Y10.4%
PM growth 3Y-41.22%
PM growth 5Y-29.61%
GM growth 3Y3.08%
GM growth 5Y4.18%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASTE is destroying value.
ASTE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ASTE has been increased compared to 5 years ago.
The debt/assets ratio for ASTE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.19 indicates that ASTE is not in any danger for bankruptcy at the moment.
ASTE has a Altman-Z score (3.19) which is in line with its industry peers.
The Debt to FCF ratio of ASTE is 7.75, which is on the high side as it means it would take ASTE, 7.75 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ASTE (7.75) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.50 indicates that ASTE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.50, ASTE is in line with its industry, outperforming 45.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 7.75 | ||
| Altman-Z | 3.19 |
ROIC/WACC0.73
WACC9.6%
2.3 Liquidity
A Current Ratio of 2.58 indicates that ASTE has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.58, ASTE is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
ASTE has a Quick Ratio of 1.01. This is a normal value and indicates that ASTE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.01, ASTE is doing worse than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
ASTE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.33%, which is quite impressive.
Measured over the past years, ASTE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.45% on average per year.
The Revenue has been growing slightly by 6.66% in the past year.
The Revenue has been growing slightly by 2.22% on average over the past years.
EPS 1Y (TTM)58.33%
EPS 3Y21.38%
EPS 5Y9.45%
EPS Q2Q%51.61%
Revenue 1Y (TTM)6.66%
Revenue growth 3Y5.95%
Revenue growth 5Y2.22%
Sales Q2Q%20.14%
3.2 Future
Based on estimates for the next years, ASTE will show a very strong growth in Earnings Per Share. The EPS will grow by 21.52% on average per year.
ASTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.51% yearly.
EPS Next Y27.81%
EPS Next 2Y16.32%
EPS Next 3Y21.52%
EPS Next 5YN/A
Revenue Next Year5.06%
Revenue Next 2Y5.64%
Revenue Next 3Y4.51%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.35, which indicates a correct valuation of ASTE.
Based on the Price/Earnings ratio, ASTE is valued cheaply inside the industry as 90.15% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.59. ASTE is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.77, which indicates a correct valuation of ASTE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASTE indicates a rather cheap valuation: ASTE is cheaper than 85.61% of the companies listed in the same industry.
ASTE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 13.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASTE indicates a somewhat cheap valuation: ASTE is cheaper than 76.52% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ASTE is valued a bit cheaper than 61.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.01 | ||
| EV/EBITDA | 10.53 |
4.3 Compensation for Growth
ASTE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ASTE's earnings are expected to grow with 21.52% in the coming years.
PEG (NY)0.48
PEG (5Y)1.41
EPS Next 2Y16.32%
EPS Next 3Y21.52%
5. Dividend
5.1 Amount
ASTE has a Yearly Dividend Yield of 1.12%.
ASTE's Dividend Yield is a higher than the industry average which is at 1.04.
With a Dividend Yield of 1.12, ASTE pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of ASTE has a limited annual growth rate of 3.55%.
ASTE has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ASTE decreased recently.
Dividend Growth(5Y)3.55%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ASTE pays out 24.84% of its income as dividend. This is a sustainable payout ratio.
The dividend of ASTE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.84%
EPS Next 2Y16.32%
EPS Next 3Y21.52%
45.65
+0.14 (+0.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners101.36%
Inst Owner Change3.3%
Ins Owners0.86%
Ins Owner Change-0.04%
Market Cap1.04B
Revenue(TTM)1.37B
Net Income(TTM)47.90M
Analysts85.71
Price Target57.63 (26.24%)
Short Float %3.5%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend0.52
Dividend Growth(5Y)3.55%
DP24.84%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.35%
Min EPS beat(2)21.26%
Max EPS beat(2)55.45%
EPS beat(4)4
Avg EPS beat(4)56.02%
Min EPS beat(4)21.26%
Max EPS beat(4)87.55%
EPS beat(8)5
Avg EPS beat(8)22.79%
EPS beat(12)7
Avg EPS beat(12)13.91%
EPS beat(16)8
Avg EPS beat(16)9.32%
Revenue beat(2)1
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-8.58%
Max Revenue beat(2)3.72%
Revenue beat(4)2
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-8.58%
Max Revenue beat(4)3.72%
Revenue beat(8)3
Avg Revenue beat(8)-4.07%
Revenue beat(12)4
Avg Revenue beat(12)-2.96%
Revenue beat(16)6
Avg Revenue beat(16)-2.16%
PT rev (1m)3.67%
PT rev (3m)17.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.7%
EPS NY rev (1m)3.37%
EPS NY rev (3m)3.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.86%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 13.77 | ||
| P/S | 0.76 | ||
| P/FCF | 23.01 | ||
| P/OCF | 16.87 | ||
| P/B | 1.56 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 10.53 |
EPS(TTM)3.42
EY7.49%
EPS(NY)3.32
Fwd EY7.26%
FCF(TTM)1.98
FCFY4.35%
OCF(TTM)2.71
OCFY5.93%
SpS59.83
BVpS29.24
TBVpS18.7
PEG (NY)0.48
PEG (5Y)1.41
Graham Number47.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 7.16% | ||
| ROCE | 9.02% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 10.06% | ||
| OM | 6.79% | ||
| PM (TTM) | 3.5% | ||
| GM | 26.88% | ||
| FCFM | 3.32% |
ROA(3y)1.19%
ROA(5y)2.21%
ROE(3y)1.93%
ROE(5y)3.16%
ROIC(3y)4.22%
ROIC(5y)4.29%
ROICexc(3y)4.7%
ROICexc(5y)5.1%
ROICexgc(3y)5.08%
ROICexgc(5y)5.67%
ROCE(3y)5.42%
ROCE(5y)5.48%
ROICexgc growth 3Y15.61%
ROICexgc growth 5Y7.82%
ROICexc growth 3Y18.19%
ROICexc growth 5Y8.9%
OM growth 3Y20.97%
OM growth 5Y10.4%
PM growth 3Y-41.22%
PM growth 5Y-29.61%
GM growth 3Y3.08%
GM growth 5Y4.18%
F-Score6
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 7.75 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 52.55% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | 7.62 | ||
| Cash Conversion | 49.76% | ||
| Profit Quality | 94.78% | ||
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 3.19 |
F-Score6
WACC9.6%
ROIC/WACC0.73
Cap/Depr(3y)118.53%
Cap/Depr(5y)95.88%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.33%
EPS 3Y21.38%
EPS 5Y9.45%
EPS Q2Q%51.61%
EPS Next Y27.81%
EPS Next 2Y16.32%
EPS Next 3Y21.52%
EPS Next 5YN/A
Revenue 1Y (TTM)6.66%
Revenue growth 3Y5.95%
Revenue growth 5Y2.22%
Sales Q2Q%20.14%
Revenue Next Year5.06%
Revenue Next 2Y5.64%
Revenue Next 3Y4.51%
Revenue Next 5YN/A
EBIT growth 1Y65.48%
EBIT growth 3Y28.17%
EBIT growth 5Y12.85%
EBIT Next Year97.12%
EBIT Next 3Y33.03%
EBIT Next 5YN/A
FCF growth 1Y161.35%
FCF growth 3YN/A
FCF growth 5Y-51.05%
OCF growth 1Y272.42%
OCF growth 3Y45.94%
OCF growth 5Y-27.19%
ASTEC INDUSTRIES INC / ASTE FAQ
What is the fundamental rating for ASTE stock?
ChartMill assigns a fundamental rating of 5 / 10 to ASTE.
Can you provide the valuation status for ASTEC INDUSTRIES INC?
ChartMill assigns a valuation rating of 6 / 10 to ASTEC INDUSTRIES INC (ASTE). This can be considered as Fairly Valued.
What is the profitability of ASTE stock?
ASTEC INDUSTRIES INC (ASTE) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for ASTE stock?
The Price/Earnings (PE) ratio for ASTEC INDUSTRIES INC (ASTE) is 13.35 and the Price/Book (PB) ratio is 1.56.
What is the earnings growth outlook for ASTEC INDUSTRIES INC?
The Earnings per Share (EPS) of ASTEC INDUSTRIES INC (ASTE) is expected to grow by 27.81% in the next year.