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ASTEC INDUSTRIES INC (ASTE) Stock Fundamental Analysis

NASDAQ:ASTE - Nasdaq - US0462241011 - Common Stock - Currency: USD

40.12  -1.01 (-2.46%)

After market: 40.12 0 (0%)

Fundamental Rating

5

Overall ASTE gets a fundamental rating of 5 out of 10. We evaluated ASTE against 128 industry peers in the Machinery industry. ASTE has only an average score on both its financial health and profitability. ASTE has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

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.
Of the past 5 years ASTE 4 years were profitable.
Of the past 5 years ASTE 4 years had a positive operating cash flow.
ASTE Yearly Net Income VS EBIT VS OCF VS FCFASTE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

1.2 Ratios

ASTE has a worse Return On Assets (1.44%) than 62.50% of its industry peers.
ASTE has a worse Return On Equity (2.33%) than 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.36%, ASTE is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASTE is significantly below the industry average of 10.69%.
The 3 year average ROIC (4.22%) for ASTE is below the current ROIC(9.36%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.44%
ROE 2.33%
ROIC 9.36%
ROA(3y)1.19%
ROA(5y)2.21%
ROE(3y)1.93%
ROE(5y)3.16%
ROIC(3y)4.22%
ROIC(5y)4.29%
ASTE Yearly ROA, ROE, ROICASTE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 -10

1.3 Margins

ASTE has a Profit Margin of 1.15%. This is in the lower half of the industry: ASTE underperforms 64.06% of its industry peers.
ASTE's Profit Margin has declined in the last couple of years.
ASTE's Operating Margin of 7.07% is in line compared to the rest of the industry. ASTE outperforms 46.88% of its industry peers.
In the last couple of years the Operating Margin of ASTE has grown nicely.
The Gross Margin of ASTE (25.94%) is worse than 60.94% of its industry peers.
ASTE's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 7.07%
PM (TTM) 1.15%
GM 25.94%
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%
ASTE Yearly Profit, Operating, Gross MarginsASTE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASTE is destroying value.
The number of shares outstanding for ASTE has been increased compared to 1 year ago.
The number of shares outstanding for ASTE has been increased compared to 5 years ago.
ASTE has a worse debt/assets ratio than last year.
ASTE Yearly Shares OutstandingASTE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
ASTE Yearly Total Debt VS Total AssetsASTE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

ASTE has an Altman-Z score of 4.17. This indicates that ASTE is financially healthy and has little risk of bankruptcy at the moment.
ASTE has a better Altman-Z score (4.17) than 68.75% of its industry peers.
ASTE has a debt to FCF ratio of 1.50. This is a very positive value and a sign of high solvency as it would only need 1.50 years to pay back of all of its debts.
The Debt to FCF ratio of ASTE (1.50) is better than 79.69% of its industry peers.
ASTE has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ASTE (0.16) is better than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.5
Altman-Z 4.17
ROIC/WACC0.93
WACC10.11%
ASTE Yearly LT Debt VS Equity VS FCFASTE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

A Current Ratio of 2.66 indicates that ASTE has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.66, ASTE is doing good in the industry, outperforming 70.31% of the companies in the same industry.
A Quick Ratio of 1.09 indicates that ASTE should not have too much problems paying its short term obligations.
ASTE has a Quick ratio (1.09) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.66
Quick Ratio 1.09
ASTE Yearly Current Assets VS Current LiabilitesASTE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 42.38% over the past year.
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.
Looking at the last year, ASTE shows a small growth in Revenue. The Revenue has grown by 1.99% in the last year.
Measured over the past years, ASTE shows a small growth in Revenue. The Revenue has been growing by 2.22% on average per year.
EPS 1Y (TTM)42.38%
EPS 3Y21.38%
EPS 5Y9.45%
EPS Q2Q%158.82%
Revenue 1Y (TTM)1.99%
Revenue growth 3Y5.95%
Revenue growth 5Y2.22%
Sales Q2Q%6.53%

3.2 Future

ASTE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.15% yearly.
ASTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.29% yearly.
EPS Next Y0.96%
EPS Next 2Y15.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.38%
Revenue Next 2Y3.29%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ASTE Yearly Revenue VS EstimatesASTE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B
ASTE Yearly EPS VS EstimatesASTE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

6

4. Valuation

4.1 Price/Earnings Ratio

ASTE is valuated correctly with a Price/Earnings ratio of 13.42.
Based on the Price/Earnings ratio, ASTE is valued cheaper than 87.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of ASTE to the average of the S&P500 Index (27.30), we can say ASTE is valued rather cheaply.
ASTE is valuated correctly with a Price/Forward Earnings ratio of 12.35.
Based on the Price/Forward Earnings ratio, ASTE is valued cheaper than 84.38% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. ASTE is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 13.42
Fwd PE 12.35
ASTE Price Earnings VS Forward Price EarningsASTE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASTE indicates a rather cheap valuation: ASTE is cheaper than 85.94% of the companies listed in the same industry.
ASTE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASTE is cheaper than 88.28% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.76
EV/EBITDA 7.6
ASTE Per share dataASTE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASTE does not grow enough to justify the current Price/Earnings ratio.
ASTE's earnings are expected to grow with 15.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)13.99
PEG (5Y)1.42
EPS Next 2Y15.15%
EPS Next 3YN/A

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.26%, ASTE has a reasonable but not impressive dividend return.
ASTE's Dividend Yield is a higher than the industry average which is at 1.81.
Compared to an average S&P500 Dividend Yield of 2.35, ASTE's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.26%

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.
ASTE has decreased its dividend recently.
Dividend Growth(5Y)3.55%
Div Incr Years0
Div Non Decr Years1
ASTE Yearly Dividends per shareASTE Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

78.29% of the earnings are spent on dividend by ASTE. This is not a sustainable payout ratio.
ASTE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP78.29%
EPS Next 2Y15.15%
EPS Next 3YN/A
ASTE Yearly Income VS Free CF VS DividendASTE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M
ASTE Dividend Payout.ASTE Dividend Payout, showing the Payout Ratio.ASTE Dividend Payout.PayoutRetained Earnings

ASTEC INDUSTRIES INC

NASDAQ:ASTE (7/11/2025, 8:00:00 PM)

After market: 40.12 0 (0%)

40.12

-1.01 (-2.46%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)04-29 2025-04-29/bmo
Earnings (Next)07-30 2025-07-30/bmo
Inst Owners94.94%
Inst Owner Change0%
Ins Owners0.92%
Ins Owner Change2.39%
Market Cap917.54M
Analysts82.5
Price Target43.86 (9.32%)
Short Float %2.41%
Short Ratio3.69
Dividend
Industry RankSector Rank
Dividend Yield 1.26%
Yearly Dividend0.52
Dividend Growth(5Y)3.55%
DP78.29%
Div Incr Years0
Div Non Decr Years1
Ex-Date05-13 2025-05-13 (0.13)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)73.69%
Min EPS beat(2)59.82%
Max EPS beat(2)87.55%
EPS beat(4)2
Avg EPS beat(4)32.86%
Min EPS beat(4)-13.95%
Max EPS beat(4)87.55%
EPS beat(8)4
Avg EPS beat(8)3.8%
EPS beat(12)5
Avg EPS beat(12)1.35%
EPS beat(16)7
Avg EPS beat(16)7.93%
Revenue beat(2)1
Avg Revenue beat(2)-2.22%
Min Revenue beat(2)-5.23%
Max Revenue beat(2)0.79%
Revenue beat(4)2
Avg Revenue beat(4)-2.81%
Min Revenue beat(4)-8.7%
Max Revenue beat(4)1.92%
Revenue beat(8)2
Avg Revenue beat(8)-5%
Revenue beat(12)5
Avg Revenue beat(12)-2.28%
Revenue beat(16)5
Avg Revenue beat(16)-2.53%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-7.5%
EPS NQ rev (3m)-9.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.09%
Revenue NQ rev (1m)-1.88%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.58%
Valuation
Industry RankSector Rank
PE 13.42
Fwd PE 12.35
P/S 0.69
P/FCF 12.76
P/OCF 10.14
P/B 1.4
P/tB 1.49
EV/EBITDA 7.6
EPS(TTM)2.99
EY7.45%
EPS(NY)3.25
Fwd EY8.1%
FCF(TTM)3.14
FCFY7.84%
OCF(TTM)3.96
OCFY9.86%
SpS57.95
BVpS28.56
TBVpS27
PEG (NY)13.99
PEG (5Y)1.42
Profitability
Industry RankSector Rank
ROA 1.44%
ROE 2.33%
ROCE 12.03%
ROIC 9.36%
ROICexc 10.65%
ROICexgc 11.22%
OM 7.07%
PM (TTM) 1.15%
GM 25.94%
FCFM 5.43%
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%
ROICexcg growth 3Y15.61%
ROICexcg 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-Score7
Asset Turnover1.26
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.5
Debt/EBITDA 0.89
Cap/Depr 69.66%
Cap/Sales 1.4%
Interest Coverage 10.65
Cash Conversion 75.17%
Profit Quality 473.03%
Current Ratio 2.66
Quick Ratio 1.09
Altman-Z 4.17
F-Score7
WACC10.11%
ROIC/WACC0.93
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)42.38%
EPS 3Y21.38%
EPS 5Y9.45%
EPS Q2Q%158.82%
EPS Next Y0.96%
EPS Next 2Y15.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.99%
Revenue growth 3Y5.95%
Revenue growth 5Y2.22%
Sales Q2Q%6.53%
Revenue Next Year2.38%
Revenue Next 2Y3.29%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y142.75%
EBIT growth 3Y28.17%
EBIT growth 5Y12.85%
EBIT Next Year53.9%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y159.62%
FCF growth 3YN/A
FCF growth 5Y-51.05%
OCF growth 1Y208.38%
OCF growth 3Y45.94%
OCF growth 5Y-27.19%