Astec Industries Inc (ASTE)

Construction Machinery & Equip

Latest Price

$40.24

TTM P/E

47.34

Normalized P/E

55.40

Div Yield

1.29%

Book Value

29.97

P/B Ratio

1.34

Valuation metrics

EPS: $1.68

Book value / share: $29.80

Formula: √(22.5 × EPS × BVPS)

Graham Number

$33.56

17% downside

Base FCF: $12M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$26.48

34% downside

EPS: $1.68

Target P/E: 55×

Formula: EPS × P/E

P/E Fair Value

$92.40

+130% upside

86.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.48M	$212.0M	15.12%	+78.8K	2026-06-30
Dimensional Fund Advisors LP	1.45M	$88.0M	6.30%	+14.9K	2026-06-30
Vanguard Portfolio Management LLC	1.37M	$83.0M	5.97%	+17.6K	2026-06-30
Vanguard Capital Management LLC	1.02M	$62.0M	4.43%	+21.4K	2026-06-30
State Street Corp	921.0K	$56.0M	4.01%	+47.5K	2026-06-30
MIRAE ASSET GLOBAL ETFS Holdings Ltd.	824.2K	$50.0M	3.58%	--	2026-06-30
Invesco Ltd.	797.3K	$48.0M	3.47%	+73.4K	2026-06-30
ACK Asset Management LLC	690.3K	$42.0M	3.00%	-96.2K	2026-06-30
Harvey Partners, LLC	674.0K	$41.0M	2.93%	+1.8K	2026-06-30
Geode Capital Management, LLC	604.8K	$37.0M	2.63%	+31.0K	2026-06-30