Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Astec Industries's Enterprise Value is $1,017 Mil.
Astec Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $52 Mil. Therefore, Astec Industries's EV-to-EBIT ratio for today is 19.68.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Astec Industries's Enterprise Value is $1,017 Mil.
Astec Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $77 Mil. Therefore, Astec Industries's EV-to-EBITDA ratio for today is 13.16.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Astec Industries's Enterprise Value is $1,017 Mil.
Astec Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,338 Mil. Therefore, Astec Industries's EV-to-Revenue ratio for today is 0.76.
Astec Industries Enterprise Value Historical Data
The historical data trend for Astec Industries's Enterprise Value 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.
Competitive Comparison of Astec Industries's Enterprise Value
For the Farm & Heavy Construction Machinery subindustry, Astec Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Astec Industries's Enterprise Value falls into.
Astec Industries Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Astec Industries's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Astec Industries (NAS:ASTE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Astec Industries's current Enterprise Value is $1,017 Mil.
Astec Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $52 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Astec Industries's current Enterprise Value is $1,017 Mil.
Astec Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $77 Mil.
Astec Industries's current Enterprise Value is $1,017 Mil.
Astec Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,338 Mil.
* 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.
Astec Industries Enterprise Value Related Terms
Thank you for viewing the detailed overview of Astec Industries's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Astec Industries (Astec Industries) Business Description
Astec Industries Inc designs and manufactures equipment and components used primarily 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. It has two operating segments: infrastructure solutions 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.
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