Astec Invested Capital Average Trend from 2010 to 2021

ASTE -  USA Stock  

USD 68.14  1.43  2.14%

Astec Inds Invested Capital Average is increasing over the years with slightly volatile fluctuation. Ongoing Invested Capital Average is projected to grow to about 573.9 M this year. During the period from 2010 to 2021 Astec Inds Invested Capital Average anual values regression line had geometric mean of 546,052,202 and significance of  0.049501. Astec Inds Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 784.3 Million. The current year Gross Profit is expected to grow to about 250.5 M, whereas Earning Before Interest and Taxes EBIT is forecasted to decline to about 42.5 M.

Astec Historical Trends 

 
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Check Astec Inds financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astec main balance sheet or income statement drivers, such as Direct Expenses of 752.8 M, Consolidated Income of 50.6 M or Cost of Revenue of 876.6 M, as well as many exotic indicators such as Interest Coverage of 115, Long Term Debt to Equity of 6.0E-4 or PPandE Turnover of 5.31. Astec financial statements analysis is a perfect complement when working with Astec Inds Valuation or Volatility modules. It can also supplement various Astec Inds Technical models. Please continue to the analysis of Astec Inds Correlation against competitors.

Astec Invested Capital Average Breakdown

Showing smoothed Invested Capital Average of Astec Inds with missing and latest data points interpolated. Average invested capital value for the period used in the calculation of [ROIC]; and derived from [InvCap]. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.Astec Inds' Invested Capital Average historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Astec Inds' overall financial position and show how it may be relating to other accounts over time.
Invested Capital Average10 Years Trend
Increasing
Slightly volatile
 Invested Capital Average 
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      Timeline 

Astec Invested Capital Average Regression Statistics

Arithmetic Mean 549,822,577
Geometric Mean 546,052,202
Coefficient Of Variation 11.81
Mean Deviation 52,837,689
Median 573,909,171
Standard Deviation 64,960,173
Range 213,251,750
R-Value 0.58
R-Squared 0.33
Significance 0.049501
Slope 10,395,700

Astec Invested Capital Average History

2011469 M
2012521.6 M
2013537.8 M
2014583.6 M
2015606.7 M
2016568 M
2017596.7 M
2018628.9 M
2019608 M
2020488 M
2021573.9 M

About Astec Inds Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Astec Inds income statement, its balance sheet, and the statement of cash flows. Astec Inds investors use historical funamental indicators, such as Astec Inds's Invested Capital Average, to determine how well the company is positioned to perform in the future. Although Astec Inds investors may use each financial statement separately, they are all related. The changes in Astec Inds's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astec Inds's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Astec Inds Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Astec Inds. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Invested Capital451.4 M545.1 M
Invested Capital Average488 M573.9 M
Market Capitalization1.3 B1.3 B
Working Capital395.5 M424.9 M
Average Assets816.7 M885.9 M
Average Equity624.8 M671.5 M
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 founded in 1972 and is based in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3537 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Astec Inds without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Astec Inds

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astec Inds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astec Inds will appreciate offsetting losses from the drop in the long position's value.

Astec Inds Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Astec Inds and Hyster Yale Materials. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to the analysis of Astec Inds Correlation against competitors. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Astec Stock analysis

When running Astec Inds price analysis, check to measure Astec Inds' 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 Inds is operating at the current time. Most of Astec Inds' value examination focuses on studying past and present price action to predict the probability of Astec Inds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astec Inds' price. Additionally, you may evaluate how the addition of Astec Inds to your portfolios can decrease your overall portfolio volatility.
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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.