Astec Stock Financials

ASTE -  USA Stock  

USD 63.09  0.04  0.06%

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 939.15 Million. The current year Average Equity is expected to grow to about 727.4 M, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 62.9 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 35.19 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 normal downward trend and little activity. Check odds of Astec Inds to be traded at $62.46 in 90 days.

Astec Fundamentals 

 
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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.
The fundamental analysis of Astec Inds is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Astec Inds includes many different criteria found on its balance sheet. For example, investors should never minimize Astec Inds' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Astec Inds' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Astec Inds.

Astec Inds Cash

Chance Of Financial Distress
Less than 47
Astec Inds has less than 47 (%) 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 Hyster Yale, Hydrofarm Holdings, and Lion Electric. 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
You should never invest in Astec Inds without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Astec Stock, because this is throwing your money away. Analyzing the key information contained in Astec Inds' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

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

201720182019202020212022 (projected)
Inventories391.38 M355.94 M294.54 M249.7 M224.73 M257.13 M
Receivables119.95 M133.98 M124.85 M120.6 M108.54 M102.53 M
Accounts Payable60.42 M70.61 M57.16 M52.7 M47.43 M47.9 M
Total Assets889.58 M855.46 M800.5 M848.2 M975.43 M977.23 M
Current Assets602.97 M560.99 M506.3 M565.8 M650.67 M656.06 M
Assets Non Current286.61 M294.47 M294.2 M282.4 M324.76 M321.17 M
Cash and Equivalents62.28 M25.82 M48.9 M158.6 M182.39 M196.79 M
Total Debt11.29 M4.04 M60.12 M2 M2.3 M2.36 M
Debt Current2.47 M413 K1.3 M1.6 M1.44 M1.88 M
Debt Non Current1.57 M59.71 M700 K400 K460 K472.11 K
Deposit Liabilities49.38 M48.07 M42.9 M34.2 M30.78 M34 M
Shareholders Equity685.67 M584.58 M601.9 M642.5 M738.88 M737.24 M
Inventory391.38 M355.94 M294.5 M249.7 M224.73 M260.54 M
Investments16.18 M16.84 M17.6 M18 M16.2 M15.82 M
Investments Current1.62 M1.95 M1.5 M4.3 M3.87 M3.55 M
Total Liabilities202.81 M270.17 M198.1 M205.2 M235.98 M238.78 M
Current Liabilities179.15 M189.23 M172.8 M170.3 M195.84 M196.67 M
Tax Assets15.13 M51.95 M39.9 M23.8 M27.37 M25.98 M
Tax Liabilities1.51 M1.02 M900 K500 K450 K461.84 K

Astec Inds Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Astec Inds' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses941.61 M1.04 B930.21 M784.3 M705.87 M711.53 M
Consolidated Income37.59 M(60.7 M)22.2 M46.9 M42.21 M34.34 M
Cost of Revenue941.61 M1.04 B930.2 M784.3 M901.95 M952.34 M
Gross Profit243.13 M135.8 M239.4 M240.1 M276.12 M271.79 M
Interest Expense840 K1,000 K1.4 M700 K805 K922.62 K
Net Income37.8 M(60.4 M)22.3 M46.9 M42.21 M34.4 M
Operating Expenses187.59 M222.2 M214.3 M197.1 M226.66 M223.11 M
Operating Income55.54 M(86.4 M)25.1 M43 M38.7 M36.84 M
Revenues1.18 B1.17 B1.17 B1.02 B1.18 B1.22 B
Income Tax Expense19.63 M(25.2 M)3 M(1.2 M)(1.08 M)(1.11 M)

Astec Inds Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Astec Inds. It measures of how well Astec is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Astec Inds brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Astec had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Astec Inds has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(19.57 M)(27 M)(22.9 M)2.3 M2.65 M2.85 M
Depreciation Amortization and Accretion25.8 M27.9 M26.2 M26.9 M30.93 M30.45 M
Net Cash Flow or Change in Cash and Cash Equivalents(20.09 M)(36.5 M)23.1 M109.7 M126.16 M136.11 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 Repayment of Debt Securities(7.24 M)56.5 M(58 M)100 K90 K92.37 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(16.79 M)22.8 M(68.1 M)(10.4 M)(9.36 M)(10.1 M)
Net Cash Flow from Investing(46.9 M)(27.4 M)(21.6 M)(20.9 M)(24.04 M)(25.93 M)
Net Cash Flow Investment Acquisitions and Disposals(891 K)(400 K)1.3 M200 K230 K274.91 K
Net Cash Flow from Operations41.88 M(30 M)112.6 M141.5 M162.72 M175.57 M
Effect of Exchange Rate Changes on Cash1.72 M(1.9 M)200 K(500 K)(575 K)(620.39 K)
Share Based Compensation3.14 M600 K3.2 M5.8 M6.67 M7.2 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 number one stock in book value per share category among related companies. It is number one stock in operating margin category among related companies reporting about  0.24  of Operating Margin per Book Value Per Share. The ratio of Book Value Per Share to Operating Margin for Astec Inds is roughly  4.10 . Astec Inds Book Value per Share is projected to increase based on the last few years of reporting. The past year's Book Value per Share was at 32.71. Comparative valuation analysis is a catch-all model that can be used if you cannot value Astec Inds by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Astec Inds' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Astec Inds' earnings, one of the primary drivers of an investment's value.

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 fourty-eight with a total number of output elements of thirteen. 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.
 2019 2020 2021 2022 (projected)
Receivables124.85 M120.6 M108.54 M102.53 M
Inventories294.54 M249.7 M224.73 M257.13 M
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Astec Inds is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Astec grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Astec Inds Thematic Clasifications

Astec Inds is part of Machinery 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. USA Equities from Machinery industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions
Machinery Idea
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Astec Inds January 28, 2022 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.
Downside Deviation1.98
Information Ratio0.1261
Maximum Drawdown20.28
Value At Risk(3.12)
Potential Upside5.39
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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.