45.91 USD
+0.26 (+0.57%)
45.91 USD
0 (0%)
ASTE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. Both the profitability and the financial health of ASTE get a neutral evaluation. Nothing too spectacular is happening here. ASTE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ASTE had positive earnings in the past year.
ASTE had a positive operating cash flow in the past year.
ASTE had positive earnings in 4 of the past 5 years.
Of the past 5 years ASTE 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.55%, ASTE is in line with its industry, outperforming 51.52% of the companies in the same industry.
ASTE has a Return On Equity (7.16%) which is comparable to the rest of the industry.
ASTE has a Return On Invested Capital (7.04%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASTE is significantly below the industry average of 10.27%.
The last Return On Invested Capital (7.04%) for ASTE is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 7.16% | ||
| ROIC | 7.04% |
ROA(3y)1.19%
ROA(5y)2.21%
ROE(3y)1.93%
ROE(5y)3.16%
ROIC(3y)4.22%
ROIC(5y)4.29%
1.3 Margins
The Profit Margin of ASTE (3.50%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ASTE has declined.
ASTE has a Operating Margin (6.79%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ASTE has grown nicely.
ASTE has a Gross Margin of 26.88%. This is comparable to the rest of the industry: ASTE outperforms 41.67% of its industry peers.
In the last couple of years the Gross Margin of ASTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.79% | ||
| PM (TTM) | 3.5% | ||
| GM | 26.88% |
OM growth 3Y20.97%
OM growth 5Y10.4%
PM growth 3Y-41.22%
PM growth 5Y-29.61%
GM growth 3Y3.08%
GM growth 5Y4.18%
2. Health
2.1 Basic Checks
ASTE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ASTE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ASTE has been increased compared to 5 years ago.
Compared to 1 year ago, ASTE has a worse debt to assets ratio.
2.2 Solvency
ASTE has an Altman-Z score of 3.19. This indicates that ASTE is financially healthy and has little risk of bankruptcy at the moment.
ASTE has a Altman-Z score (3.19) which is comparable to the rest of the industry.
ASTE has a debt to FCF ratio of 7.75. This is a slightly negative value and a sign of low solvency as ASTE would need 7.75 years to pay back of all of its debts.
ASTE has a Debt to FCF ratio (7.75) which is in line with its industry peers.
ASTE has a Debt/Equity ratio of 0.50. This is a neutral value indicating ASTE is somewhat dependend on debt financing.
ASTE has a Debt to Equity ratio of 0.50. This is comparable to the rest of the industry: ASTE outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 7.75 | ||
| Altman-Z | 3.19 |
ROIC/WACC0.74
WACC9.57%
2.3 Liquidity
A Current Ratio of 2.58 indicates that ASTE has no problem at all paying its short term obligations.
ASTE has a Current ratio of 2.58. This is in the better half of the industry: ASTE outperforms 69.70% of its industry peers.
ASTE has a Quick Ratio of 1.01. This is a normal value and indicates that ASTE is financially healthy and should not expect problems in meeting its short term obligations.
ASTE has a worse Quick ratio (1.01) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 58.33% over the past year.
The Earnings Per Share has been growing by 9.45% on average over the past years. This is quite good.
The Revenue has been growing slightly by 6.66% in the past year.
The Revenue has been growing slightly by 2.22% on average over the past years.
EPS 1Y (TTM)58.33%
EPS 3Y21.38%
EPS 5Y9.45%
EPS Q2Q%51.61%
Revenue 1Y (TTM)6.66%
Revenue growth 3Y5.95%
Revenue growth 5Y2.22%
Sales Q2Q%20.14%
3.2 Future
The Earnings Per Share is expected to grow by 21.52% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.51% on average over the next years.
EPS Next Y27.81%
EPS Next 2Y16.32%
EPS Next 3Y21.52%
EPS Next 5YN/A
Revenue Next Year5.06%
Revenue Next 2Y5.64%
Revenue Next 3Y4.51%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.42 indicates a correct valuation of ASTE.
Compared to the rest of the industry, the Price/Earnings ratio of ASTE indicates a rather cheap valuation: ASTE is cheaper than 90.15% of the companies listed in the same industry.
ASTE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.85 indicates a correct valuation of ASTE.
85.61% of the companies in the same industry are more expensive than ASTE, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 24.04. ASTE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 13.85 |
4.2 Price Multiples
ASTE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASTE is cheaper than 76.52% of the companies in the same industry.
61.36% of the companies in the same industry are more expensive than ASTE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.14 | ||
| EV/EBITDA | 10.53 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ASTE's earnings are expected to grow with 21.52% in the coming years.
PEG (NY)0.48
PEG (5Y)1.42
EPS Next 2Y16.32%
EPS Next 3Y21.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.12%, ASTE has a reasonable but not impressive dividend return.
ASTE's Dividend Yield is a higher than the industry average which is at 1.04.
With a Dividend Yield of 1.12, ASTE pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of ASTE has a limited annual growth rate of 3.55%.
ASTE has paid a dividend for at least 10 years, which is a reliable track record.
ASTE has decreased its dividend recently.
Dividend Growth(5Y)3.55%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ASTE pays out 24.84% of its income as dividend. This is a sustainable payout ratio.
The dividend of ASTE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.84%
EPS Next 2Y16.32%
EPS Next 3Y21.52%
45.91
+0.26 (+0.57%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners101.36%
Inst Owner Change3.3%
Ins Owners0.86%
Ins Owner Change-0.04%
Market Cap1.05B
Revenue(TTM)1.37B
Net Income(TTM)47.90M
Analysts85.71
Price Target57.63 (25.53%)
Short Float %3.5%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend0.52
Dividend Growth(5Y)3.55%
DP24.84%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.35%
Min EPS beat(2)21.26%
Max EPS beat(2)55.45%
EPS beat(4)4
Avg EPS beat(4)56.02%
Min EPS beat(4)21.26%
Max EPS beat(4)87.55%
EPS beat(8)5
Avg EPS beat(8)22.79%
EPS beat(12)7
Avg EPS beat(12)13.91%
EPS beat(16)8
Avg EPS beat(16)9.32%
Revenue beat(2)1
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-8.58%
Max Revenue beat(2)3.72%
Revenue beat(4)2
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-8.58%
Max Revenue beat(4)3.72%
Revenue beat(8)3
Avg Revenue beat(8)-4.07%
Revenue beat(12)4
Avg Revenue beat(12)-2.96%
Revenue beat(16)6
Avg Revenue beat(16)-2.16%
PT rev (1m)3.67%
PT rev (3m)17.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.7%
EPS NY rev (1m)3.37%
EPS NY rev (3m)3.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.86%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 13.85 | ||
| P/S | 0.77 | ||
| P/FCF | 23.14 | ||
| P/OCF | 16.97 | ||
| P/B | 1.57 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 10.53 |
EPS(TTM)3.42
EY7.45%
EPS(NY)3.32
Fwd EY7.22%
FCF(TTM)1.98
FCFY4.32%
OCF(TTM)2.71
OCFY5.89%
SpS59.83
BVpS29.24
TBVpS18.7
PEG (NY)0.48
PEG (5Y)1.42
Graham Number47.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 7.16% | ||
| ROCE | 9.02% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 10.06% | ||
| OM | 6.79% | ||
| PM (TTM) | 3.5% | ||
| GM | 26.88% | ||
| FCFM | 3.32% |
ROA(3y)1.19%
ROA(5y)2.21%
ROE(3y)1.93%
ROE(5y)3.16%
ROIC(3y)4.22%
ROIC(5y)4.29%
ROICexc(3y)4.7%
ROICexc(5y)5.1%
ROICexgc(3y)5.08%
ROICexgc(5y)5.67%
ROCE(3y)5.42%
ROCE(5y)5.48%
ROICexgc growth 3Y15.61%
ROICexgc growth 5Y7.82%
ROICexc growth 3Y18.19%
ROICexc growth 5Y8.9%
OM growth 3Y20.97%
OM growth 5Y10.4%
PM growth 3Y-41.22%
PM growth 5Y-29.61%
GM growth 3Y3.08%
GM growth 5Y4.18%
F-Score6
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 7.75 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 52.55% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | 7.62 | ||
| Cash Conversion | 49.76% | ||
| Profit Quality | 94.78% | ||
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 3.19 |
F-Score6
WACC9.57%
ROIC/WACC0.74
Cap/Depr(3y)118.53%
Cap/Depr(5y)95.88%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.33%
EPS 3Y21.38%
EPS 5Y9.45%
EPS Q2Q%51.61%
EPS Next Y27.81%
EPS Next 2Y16.32%
EPS Next 3Y21.52%
EPS Next 5YN/A
Revenue 1Y (TTM)6.66%
Revenue growth 3Y5.95%
Revenue growth 5Y2.22%
Sales Q2Q%20.14%
Revenue Next Year5.06%
Revenue Next 2Y5.64%
Revenue Next 3Y4.51%
Revenue Next 5YN/A
EBIT growth 1Y65.48%
EBIT growth 3Y28.17%
EBIT growth 5Y12.85%
EBIT Next Year97.12%
EBIT Next 3Y33.03%
EBIT Next 5YN/A
FCF growth 1Y161.35%
FCF growth 3YN/A
FCF growth 5Y-51.05%
OCF growth 1Y272.42%
OCF growth 3Y45.94%
OCF growth 5Y-27.19%
ASTEC INDUSTRIES INC / ASTE FAQ
What is the fundamental rating for ASTE stock?
ChartMill assigns a fundamental rating of 5 / 10 to ASTE.
Can you provide the valuation status for ASTEC INDUSTRIES INC?
ChartMill assigns a valuation rating of 6 / 10 to ASTEC INDUSTRIES INC (ASTE). This can be considered as Fairly Valued.
What is the profitability of ASTE stock?
ASTEC INDUSTRIES INC (ASTE) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for ASTE stock?
The Price/Earnings (PE) ratio for ASTEC INDUSTRIES INC (ASTE) is 13.42 and the Price/Book (PB) ratio is 1.57.
What is the earnings growth outlook for ASTEC INDUSTRIES INC?
The Earnings per Share (EPS) of ASTEC INDUSTRIES INC (ASTE) is expected to grow by 27.81% in the next year.