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35.66 (1y: +24%)
Market Cap 806.8 M P/E(ttm) 20.10
Enterprise Value 709.49 M P/B 1.40
ASTE- NAS (USA)
Astec Industries, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$35.66
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
ASTE's Cash to Debt is ranked higher than
80% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.09 vs. ASTE: No Debt )
ASTE' s 10-Year Cash to Debt Range
Min: 0.04   Max: No Debt
Current: No Debt
Equity to Asset 0.733
ASTE's Equity to Asset is ranked higher than
92% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.40 vs. ASTE: 0.733 )
ASTE' s 10-Year Equity to Asset Range
Min: 0.37   Max: 0.74
Current: 0.73
0.37
0.74
Interest Coverage No Debt
ASTE's Interest Coverage is ranked lower than
63% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 10000.00 vs. ASTE: No Debt )
ASTE' s 10-Year Interest Coverage Range
Min: 0   Max: No Debt
Current: No Debt
F-Score: 3
Z-Score: 4.42
M-Score: -2.52
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 5.40
ASTE's Operating margin (%) is ranked lower than
65% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 6.60 vs. ASTE: 5.40 )
ASTE' s 10-Year Operating margin (%) Range
Min: -5.4   Max: 11.7
Current: 5.4
-5.4
11.7
Net-margin (%) 4.3
ASTE's Net-margin (%) is ranked lower than
61% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 4.20 vs. ASTE: 4.3 )
ASTE' s 10-Year Net-margin (%) Range
Min: -6.8   Max: 7.1
Current: 4.3
-6.8
7.1
ROE (%) 7.4
ASTE's ROE (%) is ranked lower than
66% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.00 vs. ASTE: 7.4 )
ASTE' s 10-Year ROE (%) Range
Min: -17.3   Max: 18.9
Current: 7.4
-17.3
18.9
ROA (%) 5.5
ASTE's ROA (%) is ranked lower than
53% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 3.60 vs. ASTE: 5.5 )
ASTE' s 10-Year ROA (%) Range
Min: -9   Max: 10.5
Current: 5.5
-9
10.5
ROC (Joel Greenblatt) (%) 11.00
ASTE's ROC (Joel Greenblatt) (%) is ranked lower than
66% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 11.60 vs. ASTE: 11.00 )
ASTE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -10.9   Max: 27.8
Current: 11
-10.9
27.8
Revenue Growth (%) 5.7
ASTE's Revenue Growth (%) is ranked higher than
76% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.50 vs. ASTE: 5.7 )
ASTE' s 10-Year Revenue Growth (%) Range
Min: -4.8   Max: 11.4
Current: 5.7
-4.8
11.4
EBITDA Growth (%) 25.9
ASTE's EBITDA Growth (%) is ranked higher than
73% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.30 vs. ASTE: 25.9 )
ASTE' s 10-Year EBITDA Growth (%) Range
Min: -29.2   Max: 35.4
Current: 25.9
-29.2
35.4
EPS Growth (%) 87.8
ASTE's EPS Growth (%) is ranked lower than
51% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 13.35 vs. ASTE: 87.8 )
ASTE' s 10-Year EPS Growth (%) Range
Min: -47.3   Max: 87.8
Current: 87.8
-47.3
87.8
» ASTE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ASTE Guru Trades in Q2 2012

Arnold Van Den Berg 647,375 sh (New)
Chuck Royce 272,800 sh (+4603.45%)
Mario Gabelli 128,200 sh (+3.3%)
Irving Kahn 127,000 sh (unchged)
Steven Cohen Sold Out
Manning & Napier Advisors, Inc 40,450 sh (-1.1%)
Paul Tudor Jones 11,400 sh (-7.32%)
» More
Q3 2012

ASTE Guru Trades in Q3 2012

Chuck Royce 707,362 sh (+159.3%)
Arnold Van Den Berg 881,165 sh (+36.11%)
Mario Gabelli 174,400 sh (+36.04%)
Manning & Napier Advisors, Inc 40,450 sh (unchged)
Irving Kahn 127,000 sh (unchged)
Paul Tudor Jones Sold Out
» More
Q4 2012

ASTE Guru Trades in Q4 2012

Mario Gabelli 243,037 sh (+39.36%)
Chuck Royce 853,262 sh (+20.63%)
Manning & Napier Advisors, Inc 40,450 sh (unchged)
Irving Kahn 127,000 sh (unchged)
Arnold Van Den Berg 865,013 sh (-1.83%)
» More
Q1 2013

ASTE Guru Trades in Q1 2013

Mario Gabelli 253,737 sh (+4.4%)
Irving Kahn 127,000 sh (unchged)
Arnold Van Den Berg 849,675 sh (-1.77%)
Chuck Royce 657,362 sh (-22.96%)
Manning & Napier Advisors, Inc 24,670 sh (-39.01%)
» More
» Details

Insider Trades

Latest Guru Trades with ASTE

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2012-12-31 Add 39.36%0.02%$26.34 - $32.24 $ 35.4918%243037
Arnold Van Den Berg 2012-09-30 Add 36.11%0.85%$27.38 - $33.78 $ 35.4917%881165
Mario Gabelli 2012-09-30 Add 36.04%0.01%$27.38 - $33.78 $ 35.4917%174400
Arnold Van Den Berg 2012-06-30 New Buy1.9%$26.66 - $36.81 $ 35.4916%647375
Joel Greenblatt 2011-09-30 Sold Out 0.0742%$28.85 - $39.37 $ 35.494%0
Arnold Van Den Berg 2011-09-30 Sold Out 0.0228%$28.85 - $39.37 $ 35.494%0
Mario Gabelli 2011-09-30 Add 55.92%0.01%$28.85 - $39.37 $ 35.494%118500
Joel Greenblatt 2011-06-30 Reduce -43.93%0.13%$34 - $39.04 $ 35.49-2%14364
Mario Gabelli 2011-06-30 Add 20.63%$34 - $39.04 $ 35.49-2%76000
Joel Greenblatt 2011-03-31 New Buy0.29%$29.82 - $36.57 $ 35.497%25617
Mario Gabelli 2011-03-31 Reduce -40.57%0.01%$29.82 - $36.57 $ 35.497%63000
Mario Gabelli 2010-12-31 Add 37.13%$27.68 - $33.36 $ 35.4914%106000
Mario Gabelli 2010-09-30 Add 24.68%$25.7 - $31.81 $ 35.4925%77300
Arnold Van Den Berg 2010-06-30 New Buy0.02%$27.46 - $36.34 $ 35.4915%7810
Mario Gabelli 2010-06-30 New Buy0.01%$27.46 - $36.34 $ 35.4915%62000
George Soros 2010-03-31 Sold Out 0.02%$23.25 - $31.49 $ 35.4931%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Astec Industries, Inc.

Peter Lynch Fair Valuing Arnold Van Den Berg’s Portfolio
July 11, 2012
Arnold Van Den Berg - Peter Lynch Fair Valuing Arnold Van Den Berg’s Portfolio
The Peter Lynch Fair Value was developed based on one of Lynch’s personal rules of avoiding companies that traded for a P/E multiple higher than the expected growth rate of the company. A focus on simplicity underscored much of the investing wisdom that the prolific Lynch offered the investing world, reaped over his long management career and which garnered him a 29.2% average return. GuruFocus’ new Valuations tab includes a Peter Lynch Value that indicates one way Lynch would view the stocks in each gurus’ portfolio. Read more...
Arnold Van Den Berg Buys ASTE, LAYN and LODE in Q1
July 6, 2012
Arnold Van Den Berg - Arnold Van Den Berg Buys ASTE, LAYN And LODE In Q1
Arnold Van Den Berg, founder of Austin-based Century Management and veteran value investor, went into the second quarter ignoring the abounding negative headlines on the belief that they didn’t tell the whole story, ignored the offsetting good news or were meaningless for the long term. “A lot of these problems that we’re reading about really don’t impact the value of the company over the long run,” Van Den Berg said in a May 31, 2012 interview, “but they might impact it over the short run, so everybody sells because of the short term, but they’ve sold something pretty cheap because over the long term it hasn’t changed that much.” Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 20.00
ASTE's P/E(ttm) is ranked higher than
58% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 15.22 vs. ASTE: 20.00 )
ASTE' s 10-Year P/E(ttm) Range
Min: 5.93   Max: 387
Current: 20
5.93
387
P/B 1.40
ASTE's P/B is ranked higher than
60% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.68 vs. ASTE: 1.40 )
ASTE' s 10-Year P/B Range
Min: 0.58   Max: 3.71
Current: 1.4
0.58
3.71
P/S 0.88
ASTE's P/S is ranked lower than
52% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.80 vs. ASTE: 0.88 )
ASTE' s 10-Year P/S Range
Min: 0.23   Max: 1.65
Current: 0.88
0.23
1.65
PFCF 74.00
ASTE's PFCF is ranked lower than
72% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 18.22 vs. ASTE: 74.00 )
ASTE' s 10-Year PFCF Range
Min: 5.67   Max: 359.9
Current: 74
5.67
359.9
EV-to-EBIT 14.5
ASTE's EV-to-EBIT is ranked higher than
69% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 11.44 vs. ASTE: 14.5 )
ASTE' s 10-Year EV-to-EBIT Range
Min: 4.2   Max: 488.3
Current: 14.5
4.2
488.3
PEG 16.7
ASTE's PEG is ranked lower than
80% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.70 vs. ASTE: 16.7 )
ASTE' s 10-Year PEG Range
Min: 0.18   Max: 36.38
Current: 16.7
0.18
36.38
Shiller P/E 19.5
ASTE's Shiller P/E is ranked higher than
65% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 13.90 vs. ASTE: 19.5 )
ASTE' s 10-Year Shiller P/E Range
Min: 13.84   Max: 115.86
Current: 19.5
13.84
115.86

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.28
ASTE's Dividend Yield is ranked lower than
78% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.52 vs. ASTE: 0.28 )
ASTE' s 10-Year Dividend Yield Range
Min: 0   Max: 0
Current: 0.28
Yield on cost (5-Year) 0.30
ASTE's Yield on cost (5-Year) is ranked lower than
80% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.56 vs. ASTE: 0.30 )
ASTE' s 10-Year Yield on cost (5-Year) Range
Min: 0   Max: 0
Current: 0.3
Share Buyback Rate -0.4
ASTE's Share Buyback Rate is ranked higher than
75% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: -0.55 vs. ASTE: -0.4 )
ASTE' s 10-Year Share Buyback Rate Range
Min: 0.3   Max: -2.8
Current: -0.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 3.7
ASTE's Price/Net Current Asset Value is ranked higher than
73% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 2.60 vs. ASTE: 3.7 )
ASTE' s 10-Year Price/Net Current Asset Value Range
Min: 1.8   Max: 6.6
Current: 3.7
1.8
6.6
Price/Tangible Book 1.5
ASTE's Price/Tangible Book is ranked higher than
55% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 2.10 vs. ASTE: 1.5 )
ASTE' s 10-Year Price/Tangible Book Range
Min: 1.2   Max: 3.1
Current: 1.5
1.2
3.1
Price/DCF (Projected) 1.6
ASTE's Price/DCF (Projected) is ranked higher than
84% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.20 vs. ASTE: 1.6 )
ASTE' s 10-Year Price/DCF (Projected) Range
Min: 1.4   Max: 6.4
Current: 1.6
1.4
6.4
Price/Median PS Value 1.1
ASTE's Price/Median PS Value is ranked higher than
76% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.70 vs. ASTE: 1.1 )
ASTE' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.4
Current: 1.1
0.5
1.4
Price/Graham Number 1.3
ASTE's Price/Graham Number is ranked higher than
71% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.30 vs. ASTE: 1.3 )
ASTE' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 3.5
Current: 1.3
0.9
3.5
Earnings Yield (Greenblatt) 6.90
ASTE's Earnings Yield (Greenblatt) is ranked higher than
81% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.70 vs. ASTE: 6.90 )
ASTE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 24
Current: 6.9
0.2
24
Forward Rate of Return (Yacktman) -2.08
ASTE's Forward Rate of Return (Yacktman) is ranked higher than
60% of the 93 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 7.84 vs. ASTE: -2.08 )
ASTE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.8   Max: 52.7
Current: -2.08
-12.8
52.7

Business Description

Astec Industries, Inc. is a Tennessee corporation which was incorporated in 1972. The Company designs, engineers, manufactures and markets equipment and components used in road building, utility and related construction activities as well as other products. The Company's products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface. The Company also manufactures certain equipment and components unrelated to road construction, including trenching, auger boring, directional drilling, gas and oil drilling rigs, industrial heat transfer equipment, whole-tree pulpwood chippers, horizontal grinders and blower trucks. The Company has also recently designed and introduced a line of multiple use plants for cement treated base, roller compacted concrete and ready-mix concrete as well as pelletizing equipment used to compress wood and other products into dense pellets for the renewable energy market among other applications.The Company's subsidiaries hold 97 United States patents and 38 foreign patents with 63 patent applications pending and have been responsible for many technological and engineering innovations in the industry. The Company's products are marketed both domestically and internationally. In addition to equipment sales, the Company manufactures and sells replacement parts for equipment in each of its product lines and replacement parts for some competitors' equipment. The Company has sixteen manufacturing subsidiaries. The Company's reportable business segments are (i) Asphalt Group, (ii) Aggregate and Mining Group, (iii) Mobile Asphalt Paving Group and (iv) Underground Group. The Asphalt Group segment is made up of three business units: Astec, Inc., Heatec, Inc. and CEI Enterprises, Inc. These business units design, engineer, manufacture and market a complete line of asphalt plants, concrete mixing plants and related components of each, heating and heat transfer processing equipment and storage tanks for the asphalt paving and other non-related industries. The Company's Aggregate and Mining Group is comprised of six business units focused on the aggregate, metallic mining and recycling markets. These business units achieve their strength by distributing products into niche markets and drawing on the advantages of brand recognition in the global market. These business units are Telsmith, Inc., Kolberg-Pioneer, Inc., Astec Mobile Screens, Inc., Johnson Crushers International, Inc., Breaker Technology Ltd/Breaker Technology, Inc. and Osborn Engineered Products SA (Pty) Ltd. The Mobile Asphalt Paving Group is comprised of Roadtec, Inc. and Carlson Paving Products, Inc. Roadtec designs, engineers, manufactures and markets asphalt pavers, material transfer vehicles, milling machines and a line of asphalt reclaiming and soil stabilizing machinery. Carlson designs, engineers and manufactures asphalt paver screeds that attach to the asphalt paver to control the width an
Company Website
SEC Reports
Industry: Farm & Construction Equipment
Compare:CAT, DE, KMTUY, KUB, ZLIOF
» More Articles for ASTE

Headlines

Articles On GuruFocus.com
Peter Lynch Fair Valuing Arnold Van Den Berg’s Portfolio Jul 11 2012 
Arnold Van Den Berg Buys ASTE, LAYN and LODE in Q1 Jul 06 2012 
105-Year-Old Irving Kahn Buys Is Finding Value: C, NYT, ASTE Nov 10 2011 
Astec Industries Inc. Reports Operating Results (10-Q) Nov 09 2010 
Astec Industries Inc. Reports Operating Results (10-Q) Aug 09 2010 
The road to profits is paved - Gencor Industries Inc. May 30 2010 
Astec Industries Inc. (ASTE) President & CEO, 10% Owner J Don Brock sells 10,000 Shares May 13 2010 
Astec Industries Inc. Reports Operating Results (10-Q) May 10 2010 
Irving Kahn Top Purchases: Astec Industries Inc., BristolMyers Squibb Company, Citigroup Inc., New Y Nov 11 2009 
Irving Kahn Buys Citigroup Inc., Pfizer Inc., Bristol-Myers Squibb Co., Astec Industries Inc., Patte Nov 08 2009 

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