Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Astec IndustriesSTU:AI2 +0.41%83 Earnings Yield (Joel Greenblatt) % is 3.87% as of Mar. 2026, which is 23% above its 10-year median of 3.15. GuruFocus rates STU:AI2 with a GF Score™ of 83/100 and a GF Value™ of €40.17. The stock has 4 warning signs investors should review. Among 212 Farm & Heavy Construction Machinery companies, Astec Industries ranks worse than 66.04% on this metric.
Astec Industries's Enterprise Value for the quarter that ended in Mar. 2026 was €1,339 Mil.
Astec Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €52 Mil. Astec Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.87%.
The historical rank and industry rank for Astec Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
STU:AI2'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.27 Med: 3.15 Max: 8.43
Current: 3.73
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Astec Industries was 8.43%. The lowest was -13.27%. And the median was 3.15%.
STU:AI2's Earnings Yield (Joel Greenblatt) % is ranked worse than 66.04% of 212
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.185
vs STU:AI2: 3.73
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Astec Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 14.01%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Astec Industries Earnings Yield (Joel Greenblatt) % Related Terms
Astec Industries Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Astec Industries's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Farm & Heavy Construction Machinery subindustry, Astec Industries's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Astec Industries Earnings Yield (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Astec Industries's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Astec Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Astec Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €52 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.87% mean?
Astec Industries (STU:AI2) has a Earnings Yield (Joel Greenblatt) % of 3.87% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Astec Industries and its competitors. This is 23% above median its historical median of 3.15. According to the industry distribution chart, Astec Industries ranks #140 out of 212 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 66%.
Is Astec Industries' Earnings Yield (Joel Greenblatt) % too high?
Astec Industries' current Earnings Yield (Joel Greenblatt) % of 3.87% is 23% above median its 10-year median of 3.15. The Farm & Heavy Construction Machinery industry median Earnings Yield (Joel Greenblatt) % is 6.19. Astec Industries' value of 3.87% is 37.4% below this industry median. Based on the distribution chart, Astec Industries ranks #140 out of 212 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Astec Industries has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Astec Industries' Earnings Yield (Joel Greenblatt) % compare to LNN and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Astec Industries ranks #140 out of 212 companies for Earnings Yield (Joel Greenblatt) %. This places Astec Industries in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.19. Astec Industries' value of 3.87% is 37.4% below this benchmark. While the company's 10-year median is 3.15 vs. the industry median of 6.19, Astec Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Farm & Heavy Construction Machinery company?
The median Earnings Yield (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 6.19, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astec Industries's current Earnings Yield (Joel Greenblatt) % of 3.87% is 37.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Astec Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Earnings Yield (Joel Greenblatt) % is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astec Industries's current Earnings Yield (Joel Greenblatt) % is 3.87%, which is 23% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astec Industries stock overvalued right now?
Astec Industries (STU:AI2) has a current Earnings Yield (Joel Greenblatt) % of 3.87%. The stock's GF Value™ is €40.17, compared to a current price of €49.40 — trading 23% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.87%, which is 23% above median its 10-year median of 3.15 and 37.4% below the Farm & Heavy Construction Machinery industry median of 6.19. Astec Industries' overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Astec Industries (STU:AI2), the current Earnings Yield (Joel Greenblatt) % is 3.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Astec Industries (STU:AI2) Overvalued in 2026?
Based on GuruFocus' analysis, Astec Industries stock appears to be overvalued.
The current stock price of €49.40 is trading 23% above its estimated GF Value™ of €40.17.
Key valuation signals for STU:AI2:
Earnings Yield (Joel Greenblatt) %: 3.87% (23% above median its 10-year median of 3.15)
GF Value™: €40.17 vs. price of €49.40 (23% above fair value)
Industry Position: 37.4% below the Farm & Heavy Construction Machinery median (#140 of 212)
No single metric tells the full story. See the STU:AI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. The company has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
83GF Score
Get the complete analysis for STU:AI2
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:AI2 has been successfully added to your 
