Astec IndustriesSTU:AI2 84 ROC (Joel Greenblatt) % is 6.28% as of Mar. 2026, which is 17% below its 10-year median of 7.56. GuruFocus rates STU:AI2 with a GF Score™ of 84/100 and a GF Value™ of €39.58. The stock has 4 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Astec Industries ranks worse than 59.81% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Astec Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.28%.
The historical rank and industry rank for Astec Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
STU:AI2'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.71 Med: 7.56 Max: 16.81
Current: 9.81
During the past 13 years, Astec Industries's highest ROC (Joel Greenblatt) % was 16.81%. The lowest was -15.71%. And the median was 7.56%.
STU:AI2's ROC (Joel Greenblatt) % is ranked worse than 59.81% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24
vs STU:AI2: 9.81
Astec Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.30% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Astec Industries ROC (Joel Greenblatt) % Related Terms
Astec Industries ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Astec Industries's ROC (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.
STU:AI2 vs LNN, AEBI, ALG: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Astec Industries's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (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 ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Astec Industries's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 6.28% mean?
Astec Industries (STU:AI2) has a ROC (Joel Greenblatt) % of 6.28% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Astec Industries and its competitors. This is 17% below median its historical median of 7.56. According to the industry distribution chart, Astec Industries ranks #125 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 59.8%.
Is Astec Industries' ROC (Joel Greenblatt) % too high?
Astec Industries' current ROC (Joel Greenblatt) % of 6.28% is 17% below median its 10-year median of 7.56. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.24. Astec Industries' value of 6.28% is 52.6% below this industry median. Based on the distribution chart, Astec Industries ranks #125 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Astec Industries has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Astec Industries' ROC (Joel Greenblatt) % compare to LNN and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Astec Industries ranks #125 out of 209 companies for ROC (Joel Greenblatt) %. This places Astec Industries in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.24. Astec Industries' value of 6.28% is 52.6% below this benchmark. While the company's 10-year median is 7.56 vs. the industry median of 13.24, 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 ROC (Joel Greenblatt) % for a Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astec Industries's current ROC (Joel Greenblatt) % of 6.28% is 52.6% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Astec Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astec Industries's current ROC (Joel Greenblatt) % is 6.28%, which is 17% below median its own 10-year median of 7.56. 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 ROC (Joel Greenblatt) % of 6.28%. The stock's GF Value™ is €39.58, compared to a current price of €50.00 — trading 26.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.28%, which is 17% below median its 10-year median of 7.56 and 52.6% below the Farm & Heavy Construction Machinery industry median of 13.24. Astec Industries' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Astec Industries (STU:AI2), the current ROC (Joel Greenblatt) % is 6.28% 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 €50.00 is trading 26.3% above its estimated GF Value™ of €39.58.
Key valuation signals for STU:AI2:
ROC (Joel Greenblatt) %: 6.28% (17% below median its 10-year median of 7.56)
GF Value™: €39.58 vs. price of €50.00 (26.3% above fair value)
Industry Position: 52.6% below the Farm & Heavy Construction Machinery median (#125 of 209)
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.
84GF Score
Get the complete analysis for STU:AI2
ROC (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 
