Astec Competitors

ASTE -  USA Stock  

USD 66.26  1.93  2.83%

Astec Inds competes with Hyster Yale, Hydrofarm Holdings, and Lion Electric; as well as few others. The company conducts business under Industrials sector and is part of Farm & Heavy Construction Machinery industry. Analyzing Astec Inds competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Astec Inds to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Astec Inds competition on your existing holdings. Please continue to Astec Inds Correlation with its peers.

Astec Competition 

 
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The current year Return on Investment is expected to grow to 7.69, whereas Return on Average Assets are forecasted to decline to 0.0463. Astec Inds Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 565.8 Million. The current year Assets Non Current is expected to grow to about 295.8 M, whereas Tax Assets are forecasted to decline to about 23.6 M.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Astec Inds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Astec Inds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
63.5666.2869.00
Details
Intrinsic
Valuation
LowReal ValueHigh
59.6378.9781.69
Details
Naive
Forecast
LowNext ValueHigh
54.6457.3760.09
Details
4 Analysts
Consensus
LowTarget PriceHigh
72.0082.0092.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astec Inds. Your research has to be compared to or analyzed against Astec Inds' peers to derive any actionable benefits. When done correctly, Astec Inds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astec Inds.

Astec Inds Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Astec Inds and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Astec and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Astec Inds does not affect the price movement of the other competitor.
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Astec Inds Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Astec Inds stock performing well and Astec Inds company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Astec Inds' multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Astec Inds and related stocks such as Hyster Yale Materials, Hydrofarm Holdings, Lion Electric, and Navistar International Net Income Over Time
Select Fundamental

201020112012201320142015201620172018201920202021
HY
32.4 M82.6 M98 M110 M109.8 M74.7 M42.8 M48.6 M34.7 M35.8 M37.1 M46.6 M
HYFM
(32.9 M)(32.9 M)(32.9 M)(32.9 M)(32.9 M)(32.9 M)(32.9 M)(32.9 M)(32.9 M)(40.1 M)(7.3 M)(7.8 M)
LEV
(5.4 M)(5.4 M)(5.4 M)(5.4 M)(5.4 M)(5.4 M)(5.4 M)(5.4 M)(5.4 M)(3.1 M)(97.4 M)(99.9 M)
NAV
223 M(3 B)(898 M)(619 M)(184 M)(97 M)30 M340 M221 M(347 M)(399.1 M)(430.6 M)

Astec Inds and related stocks such as Hyster Yale Materials, Hydrofarm Holdings, Lion Electric, and Navistar International Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Astec Inds financial statement analysis. It represents the amount of money remaining after all of Astec Inds operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Astec Inds Competitive Analysis

The better you understand Astec Inds competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Astec Inds' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Astec Inds' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ASTE
HY
HYFM
LEV
 2.83 
 66.26 
Astec
 2.33 
 41.08 
Hyster
 1.34 
 35.97 
Hydrofarm
 0.98 
 11.12 
Lion Electric
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
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(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
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Z Score
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Price to Earnings To Growth
Current Liabilities
Total Asset
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Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
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Working Capital
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Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
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Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
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Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Astec Inds Competition Performance Charts

Complement your Astec Inds position

In addition to having Astec Inds in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cars
Cars Theme
Domestic and international companies involved in manufacturing and serving automobiles and trucks. Cars theme has 30 constituents.
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Please continue to Astec Inds Correlation with its peers. Note that the Astec Inds information on this page should be used as a complementary analysis to other Astec Inds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Astec Inds' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astec Inds. If investors know Astec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astec Inds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Astec Inds is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Inds' value that differs from its market value or its book value, called intrinsic value, which is Astec Inds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astec Inds' market value can be influenced by many factors that don't directly affect Astec Inds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astec Inds' value and its price as these two are different measures arrived at by different means. Investors typically determine Astec Inds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Inds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.