Astec Stock Financials

ASTE -  USA Stock  

USD 59.40  0.58  0.97%

Understanding current and past Astec Inds Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Astec Inds' financial statements are interrelated, with each one affecting the others. For example, an increase in Astec Inds' assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Astec Inds' financials over time to get the whole picture. Astec Inds Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 816.65 Million. The current year Average Equity is expected to grow to about 671.5 M, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 66.8 M.
Use fundamental data analysis to double-check all available reported financial drivers of Astec Inds to find out if markets are presently mispricing the company. We were able to interpolate and analyze data for thirty-seven available fundamental indicators for Astec Inds, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Astec Inds financials, including its price to sales, debt to equity, beta, as well as the relationship between the net income and short ratio . Given that Astec Inds has a price to earning of 38.46 X, we suggest you to validate Astec Inds prevailing market performance to make sure the company can sustain itself down the road. Use Astec Inds to protect your portfolios against small market fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Astec Inds to be traded at $58.21 in 90 days.

Search Fundamentals 

 
Refresh
With this module, you can analyze Astec financials for your investing period. You should be able to track the changes in Astec Inds individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Over 51
Astec Inds has more than 51 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Astec Inds stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Astec Inds' official financial statements usually reflect Astec Inds' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Astec Inds. For example, before you start analyzing numbers published by Astec accountants, it's critical to develop an understanding of what Astec Inds' liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Astec Inds' 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 Inds' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Astec Inds' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Astec Inds. Please utilize our Beneish M Score to check the likelihood of Astec Inds' management to manipulate its earnings.

Astec Inds Company Summary

Astec Inds competes with Deere, Hyster Yale, Lion Electric, Manitowoc, and Gencor Industries. 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.
Specialization
Industrials, Farm & Heavy Construction Machinery
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000792987
CUSIP046224101
RegionNorth America
LocationTennessee; U.S.A
Business Address1725 Shepherd Road,
SectorIndustrials
IndustryFarm & Heavy Construction Machinery
BenchmarkDOW
Websitewww.astecindustries.com
Phone423 899 4456
CurrencyUSD - US Dollar

Astec Inds Key Financial Ratios

Generally speaking, Astec Inds' financial ratios allow both analysts and investors to convert raw data from Astec Inds' financial statements into concise, actionable information that can be used to evaluate the performance of Astec Inds over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Astec Inds reports annually and quarterly.

Astec Inds Key Balance Sheet Accounts

201620172018201920202021 (projected)
Inventories360.4 M391.38 M355.94 M294.54 M249.7 M270.27 M
Receivables110.67 M119.95 M133.98 M124.85 M120.6 M108.87 M
Accounts Payable57.3 M60.42 M70.61 M57.16 M52.7 M50.68 M
Total Assets843.6 M889.58 M855.46 M800.5 M848.2 M902.29 M
Current Assets576.83 M602.97 M560.99 M506.3 M565.8 M606.45 M
Assets Non Current266.77 M286.61 M294.47 M294.2 M282.4 M295.84 M
Cash and Equivalents82.37 M62.28 M25.82 M48.9 M158.6 M171.12 M
Total Debt11.29 M4.04 M60.12 M2 M2.3 M2.36 M
Debt Current7.17 M2.47 M413 K1.3 M1.6 M1.97 M
Debt Non Current4.12 M1.57 M59.71 M700 K400 K410.53 K
Deposit Liabilities39.1 M49.38 M48.07 M42.9 M34.2 M42.13 M
Shareholders Equity647.83 M685.67 M584.58 M601.9 M642.5 M680.75 M
Inventory360.4 M391.38 M355.94 M294.5 M249.7 M322.56 M
Investments14.99 M16.18 M16.84 M17.6 M18 M19.21 M
Investments Current1.02 M1.62 M1.95 M1.5 M4.3 M3.78 M
Total Liabilities194.76 M202.81 M270.17 M198.1 M205.2 M220.42 M
Current Liabilities168.86 M179.15 M189.23 M172.8 M170.3 M181.58 M
Tax Assets5.64 M15.13 M51.95 M39.9 M23.8 M23.59 M
Tax Liabilities1.67 M1.51 M1.02 M900 K500 K513.16 K

Astec Inds Key Income Statement Accounts

201620172018201920202021 (projected)
Direct Expenses882.16 M941.61 M1.04 B930.21 M784.3 M752.81 M
Consolidated Income54.99 M37.59 M(60.7 M)22.2 M46.9 M50.6 M
Cost of Revenue882.16 M941.61 M1.04 B930.2 M784.3 M876.6 M
Gross Profit265.27 M243.13 M135.8 M239.4 M240.1 M250.53 M
Interest Expense1.4 M840 K1,000 K1.4 M700 K839.84 K
Net Income55.16 M37.8 M(60.4 M)22.3 M46.9 M50.6 M
Operating Expenses178.11 M187.59 M222.2 M214.3 M197.1 M204.71 M
Operating Income87.16 M55.54 M(86.4 M)25.1 M43 M39.49 M
Revenues1.15 B1.18 B1.17 B1.17 B1.02 B1.13 B
Income Tax Expense32.11 M19.63 M(25.2 M)3 M(1.2 M)(1.23 M)

Astec Inds Key Cash Accounts

201620172018201920202021 (projected)
Capital Expenditure(26.75 M)(19.57 M)(27 M)(22.9 M)2.3 M2.48 M
Depreciation Amortization and Accretion24.81 M25.8 M27.9 M26.2 M26.9 M28.02 M
Net Cash Flow or Change in Cash and Cash Equivalents57.31 M(20.09 M)(36.5 M)23.1 M109.7 M118.36 M
Net Cash Flow Business Acquisitions and Disposals178 K(39.76 M)(26.44 M)(23.4 M)(21.06 M)(22.72 M)
Issuance Purchase of Equity Shares282 K72 K(23.7 M)300 K270 K291.32 K
Issuance Repayment of Debt Securities70 K(7.24 M)56.5 M(58 M)100 K102.63 K
Payment of Dividends and Other Cash Distributions(9.22 M)(9.23 M)(9.6 M)(10 M)(11.5 M)(12.41 M)
Net Cash Flow from Financing(11.02 M)(16.79 M)22.8 M(68.1 M)(10.4 M)(11.22 M)
Net Cash Flow from Investing(66.23 M)(46.9 M)(27.4 M)(21.6 M)(20.9 M)(22.55 M)
Net Cash Flow Investment Acquisitions and Disposals290 K(891 K)(400 K)1.3 M200 K259.12 K
Net Cash Flow from Operations134.81 M41.88 M(30 M)112.6 M141.5 M152.67 M
Effect of Exchange Rate Changes on Cash(250 K)1.72 M(1.9 M)200 K(500 K)(539.47 K)
Share Based Compensation2.94 M3.14 M600 K3.2 M5.8 M6.26 M

Astec Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Astec Inds's current stock value. Our valuation model uses many indicators to compare Astec Inds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Astec Inds competition to find correlations between indicators driving Astec Inds's intrinsic value. More Info.
Astec Inds is rated third in price to earning category among related companies. It is rated third in cash and equivalents category among related companies creating about  4,461,778  of Cash and Equivalents per Price to Earning. . Astec Inds Cash and Equivalents is projected to increase significantly based on the last few years of reporting. The past year's Cash and Equivalents was at 158.6 Million

Astec Inds Systematic Risk

Astec Inds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Astec Inds 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Astec Inds correlated with the market. If Beta is less than 0 Astec Inds generally moves in the opposite direction as compared to the market. If Astec Inds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Astec Inds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Astec Inds is generally in the same direction as the market. If Beta > 1 Astec Inds moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Astec Inds Financials

What exactly are Astec Inds Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Astec Inds' income statement, its balance sheet, and the statement of cash flows. Potential Astec Inds investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
 2018 2019 2020 2021 (projected)
Receivables133.98 M124.85 M120.6 M108.87 M
Inventories355.94 M294.54 M249.7 M270.27 M

Astec Inds Thematic Clasifications

Astec Inds is part of Farming investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Farming products and equipment. Companies producing farming products and providing services for farmers
Farming Idea
FarmingView
This theme covers Farming products and equipment. Companies producing farming products and providing services for farmers. Get More Thematic Ideas

Astec Inds July 27, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Astec Inds help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Astec Inds. We use our internally-developed statistical techniques to arrive at the intrinsic value of Astec Inds 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 Inds's daily price indicators and compare them against related drivers.
Information Ratio(0.16)
Maximum Drawdown17.15
Value At Risk(3.27)
Potential Upside3.16
Please continue to Trending Equities. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
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 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.