Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Astec Industries's share price for the quarter that ended in Dec. 2023 was $37.2. Astec Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 23 Mil. Therefore, Astec Industries's market cap for the quarter that ended in Dec. 2023 was $846 Mil.
Astec Industries's quarterly market cap
increased
from Jun. 2023 ($1,033 Mil) to Sep. 2023 ($1,071 Mil) but then
declined
from Sep. 2023 ($1,071 Mil) to Dec. 2023 ($846 Mil).
Astec Industries's annual market cap
declined
from Dec. 2021 ($1,577 Mil) to Dec. 2022 ($920 Mil) and
declined
from Dec. 2022 ($920 Mil) to Dec. 2023 ($846 Mil).
Enterprise Value is 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 and cash equivalents. Astec Industries's Enterprise Value for Today is $971 Mil.
Astec Industries Market Cap Historical Data
The historical data trend for Astec Industries's Market Cap 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.
* Premium members only.
Astec Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
947.14
1,308.78
1,577.07
919.89
845.95
Astec Industries Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
919.89
935.99
1,033.15
1,071.25
845.95
Competitive Comparison
For the Farm & Heavy Construction Machinery subindustry, Astec Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Astec Industries's Market Cap falls into.
Astec Industries Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Astec Industries's Market Cap 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Astec Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Astec Industries's Market Cap 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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