Astec Industries Financials

ASTE Stock  USD 38.25  1.24  3.35%   
Based on the key indicators related to Astec Industries' liquidity, profitability, solvency, and operating efficiency, Astec Industries is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Astec Industries' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 179.6 M, whereas Property Plant And Equipment Net is forecasted to decline to about 124 M. Key indicators impacting Astec Industries' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.120.1272
Notably Down
Slightly volatile
Current Ratio2.182.4064
Moderately Down
Pretty Stable
Investors should never underestimate Astec Industries' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Astec Industries' cash flow, debt, and profitability to make informed and accurate decisions about investing in Astec Industries.

Net Income

19.35 Million

  
Understanding current and past Astec Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Astec Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Astec Industries' assets may result in an increase in income on the income statement.

Astec Industries Earnings Geography

Please note, the presentation of Astec Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astec Industries' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Astec Industries' management manipulating its earnings.

Astec Industries Stock Summary

Astec Industries competes with Hyster Yale, Manitex International, Shyft, Rev, and Lindsay. 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, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 4041 people.
Specialization
Industrials, Farm & Heavy Construction Machinery
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0462241011
CUSIP046224101
LocationTennessee; U.S.A
Business Address1725 Shepherd Road,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.astecindustries.com
Phone423 899 5898
CurrencyUSD - US Dollar

Astec Industries Key Financial Ratios

Astec Industries Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets799.8M848.2M911.3M1.0B1.1B1.1B
Other Current Liab73.7M81.8M78.9M71.8M171M179.6M
Net Debt(48.2M)(158.2M)(134.2M)21.7M23.3M24.5M
Retained Earnings508.3M545.2M552.8M527.8M549.4M576.9M
Cash48.9M158.6M134.4M66M63.2M34.1M
Net Receivables124.1M120.6M144.1M173.6M152.7M77.7M
Inventory278.9M249.7M303M393.4M455.6M478.4M
Other Current Assets59.6M32.6M51.6M59.5M42.3M44.4M
Total Liab198.1M205.2M256.5M387.5M405.6M425.9M
Total Current Assets513.0M565.8M641.7M696.4M719.5M755.5M
Short Term Debt1.3M1.6M2.7M9.6M11.1M10.5M
Intangible Assets23.5M31.2M22.7M22.5M16.4M18.4M
Accounts Payable55.1M52.7M83.5M107.2M116.9M122.7M
Common Stock4.6M4.5M4.5M4.5M5.2M4.8M
Other Liab22.5M29.8M26.8M27.1M31.2M18.2M
Other Assets31.0M42M18.6M50.8M58.4M61.3M
Long Term Debt690K400K200K78.1M72M75.6M
Good Will33.2M38.7M38.6M45.2M46.3M44.0M
Net Tangible Assets578.4M572.6M593M559.2M643.1M629.6M
Capital Surpluse122.6M127.8M130.6M135.8M122.2M106.0M

Astec Industries Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.4M700K1.1M2.5M8.9M9.3M
Total Revenue1.2B1.0B1.1B1.3B1.3B684.3M
Gross Profit246.5M240.1M251.7M264.1M330.8M347.3M
Operating Income10.7M43M22.1M15.9M48.6M31.7M
Ebit10.7M49.1M31.1M43.2M91.3M95.9M
Ebitda36.9M76M61.3M71.1M116.9M122.7M
Cost Of Revenue923.2M784.3M845.5M1.0B1.0B533.1M
Income Before Tax24.2M45.7M16.5M4.4M42.8M28.5M
Net Income21.5M46M15.8M(600K)33.5M19.3M
Income Tax Expense2.7M(1.2M)(1.4M)5M9.1M9.5M
Research Development27.2M22.1M26.5M31.5M22M17.5M
Minority Interest(132K)500K(100K)(500K)(900K)(855K)
Tax Provision3.0M(1.2M)(1.4M)5M10.7M5.6M
Interest Income1.2M800K500K1M1.8M1.2M
Net Interest Income(175K)100K(1.1M)(1.5M)(5.5M)(5.2M)

Astec Industries Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash23.0M109.7M(24.2M)(68.4M)(2.8M)(2.7M)
Free Cash Flow89.1M126.1M(12.7M)(114.6M)(6.3M)(6.0M)
Depreciation26.2M26.9M30.2M27.9M25.6M16.1M
Other Non Cash Items9.1M6.3M10M15.4M15.7M16.5M
Capital Expenditures23.4M15.4M20.1M40.7M34.1M23.7M
Net Income22.2M46.9M17.9M(600K)33.7M19.8M
End Period Cash Flow48.9M158.6M134.4M66M63.2M36.8M
Change To Inventory61.3M44.7M(53.8M)(96.4M)(63M)(59.9M)
Dividends Paid9.9M10M10.2M11.2M11.8M11.2M
Change To Netincome15.6M21.9M17.9M4.9M5.6M9.6M
Change Receivables7.5M12.2M(30.8M)(28M)(25.2M)(23.9M)
Investments1.3M200K800K(400K)(12.1M)(11.5M)
Net Borrowings(58.1M)100K1M83M95.5M100.2M

Astec Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Astec Industries's current stock value. Our valuation model uses many indicators to compare Astec Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Astec Industries competition to find correlations between indicators driving Astec Industries's intrinsic value. More Info.
Astec Industries is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Astec Industries' Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Astec Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Astec Industries Systematic Risk

Astec Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Astec Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Astec Industries correlated with the market. If Beta is less than 0 Astec Industries generally moves in the opposite direction as compared to the market. If Astec Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Astec Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Astec Industries is generally in the same direction as the market. If Beta > 1 Astec Industries moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Astec Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Astec Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Astec Industries growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.004485)

At present, Astec Industries' Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting.

Astec Industries November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Astec Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Astec Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Astec Industries based on widely used predictive technical indicators. In general, we focus on analyzing Astec Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Astec Industries's daily price indicators and compare them against related drivers.

Complementary Tools for Astec Stock analysis

When running Astec Industries' price analysis, check to measure Astec Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astec Industries is operating at the current time. Most of Astec Industries' value examination focuses on studying past and present price action to predict the probability of Astec Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astec Industries' price. Additionally, you may evaluate how the addition of Astec Industries to your portfolios can decrease your overall portfolio volatility.
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