Astec Industries Inc
ASTE
Construction Machinery & Equip
Mkt Cap
$745.2MPE
30.17Debt
$10.9MCash
$58.1MEV
$698MFCF
-$31.9MP/E Ratio
30.17Debt
$10.9MCash
$58.1MEV
$698MFCF
-$31.9MCharts data: {"Earnings":[{"time":"2014-12-30","value":34206000},{"time":"2015-12-30","value":31966000},{"time":"2016-12-30","value":54988000},{"time":"2017-12-30","value":37590000},{"time":"2018-12-30","value":-60744000},{"time":"2019-12-30","value":22174000},{"time":"2020-12-30","value":46900000},{"time":"2021-12-30","value":17800000},{"time":"2022-12-30","value":-600000},{"time":"2023-12-30","value":33500000}],"Sales":[{"time":"2014-12-30","value":975595000},{"time":"2015-12-30","value":983157000},{"time":"2016-12-30","value":1147431000},{"time":"2017-12-30","value":1184739000},{"time":"2018-12-30","value":1171599000},{"time":"2019-12-30","value":1169613000},{"time":"2020-12-30","value":1024400000},{"time":"2021-12-30","value":1097200000},{"time":"2022-12-30","value":1274500000},{"time":"2023-12-30","value":1338200000}],"Net Margins":[{"time":"2014-12-30","value":0.03506168030791466},{"time":"2015-12-30","value":0.03251362701989611},{"time":"2016-12-30","value":0.047922707334907284},{"time":"2017-12-30","value":0.03172850729147939},{"time":"2018-12-30","value":-0.05184709102687865},{"time":"2019-12-30","value":0.018958407610038534},{"time":"2020-12-30","value":0.04578289730573994},{"time":"2021-12-30","value":0.016223113379511482},{"time":"2022-12-30","value":-0.0004707728520988623},{"time":"2023-12-30","value":0.025033627260499177}],"Assets":[{"time":"2014-12-30","value":805465000},{"time":"2015-12-30","value":777353000},{"time":"2016-12-30","value":843601000},{"time":"2017-12-30","value":889579000},{"time":"2018-12-30","value":855457000},{"time":"2019-12-30","value":800498000},{"time":"2020-12-30","value":848200000},{"time":"2021-12-30","value":911300000},{"time":"2022-12-30","value":1014400000},{"time":"2023-12-30","value":1059300000}],"Stockholders Equity":[{"time":"2014-12-30","value":599352000},{"time":"2015-12-30","value":609858000},{"time":"2016-12-30","value":648841000},{"time":"2017-12-30","value":686765000},{"time":"2018-12-30","value":585290000},{"time":"2019-12-30","value":602487000},{"time":"2020-12-30","value":643000000},{"time":"2021-12-30","value":654800000},{"time":"2022-12-30","value":626900000},{"time":"2023-12-30","value":653700000}],"ROE":[{"time":"2014-12-30","value":0.057071637368357825},{"time":"2015-12-30","value":0.0524154803249281},{"time":"2016-12-30","value":0.08474803534301932},{"time":"2017-12-30","value":0.05473488019919478},{"time":"2018-12-30","value":-0.10378444873481522},{"time":"2019-12-30","value":0.03680411361572947},{"time":"2020-12-30","value":0.0729393468118196},{"time":"2021-12-30","value":0.02718387293830177},{"time":"2022-12-30","value":-0.000957090445047057},{"time":"2023-12-30","value":0.05124674927336699}],"ROA":[{"time":"2014-12-30","value":0.06744675435928314},{"time":"2015-12-30","value":0.06893136065596968},{"time":"2016-12-30","value":0.104895560816073},{"time":"2017-12-30","value":0.06526345608428256},{"time":"2018-12-30","value":-0.09928377463741603},{"time":"2019-12-30","value":0.03317060130069032},{"time":"2020-12-30","value":0.0547040792265975},{"time":"2021-12-30","value":0.024251069900142655},{"time":"2022-12-30","value":0.007393533123028391},{"time":"2023-12-30","value":0.045879354290569246}]}
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities worldwide. 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; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government 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.
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In the chart Earnings are multiplied by this value.
Earnings Growth -14%
Earnings Stability -4.5%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 3.3% | 4.8% | 3.2% | -5.2% | 1.9% | 4.6% | 1.6% | -0.047% | 2.5% | 1.9% |
| ROA | 6.9% | 10% | 6.5% | -9.9% | 3.3% | 5.5% | 2.4% | 0.74% | 4.6% | 3.3% |
| ROE | 5.2% | 8.5% | 5.5% | -10% | 3.7% | 7.3% | 2.7% | -0.096% | 5.1% | 3.8% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +0.89%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +0.85%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +1.1%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +1.77%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +1.39%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is +1.76%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | 1.00 | 0.08 | 0.19 | -1.05 | 0.02 | 0.01 | -0.22 | -0.76 | -13.17 | -0.34 |
| Debt Equity | 0.02 | 0.01 | 0.01 | 0.10 | 0.00 | 0.00 | 0.00 | 0.14 | 0.13 | 0.02 |
| MIN | ||||||||||
| Graham Stability | - | - | 93% | -150% | 100% | - | 100% | -2.1% | 100% | -150% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -0.34.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -1.81.
What is the Graham’s Stability?
Graham’s Stability measure stands at -1.46.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 2.2% | 2.7% | 9.3% | 5% | 0.19% |
| Net Income | -6.8% | - | -11% | - | -1.5% |
| Stockholders Equity | 0.11% | 2.2% | 0.55% | 4.3% | -0.14% |
| FCF | - | - | - | - | -180% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +2.69%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is +0.19%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is -1.46%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +2.24%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -0.14%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -35.68%.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -177.25%.