Is Astec Industries Inc (ASTE) overvalued? · P/E 62, rev $1.31B
Astec Industries Inc (ASTE) is a farm & heavy construction machinery company listed on US.
This page asks whether Astec Industries Inc (ASTE) looks expensive on cached numbers — not a short thesis.
Latest reported ASTE revenue for 2024-12-31 was $1.31B. Net income was $4.1M. Revenue was down 2.5% from 2023-12-31 to 2024-12-31. ASTE currently screens at market cap $950.4M and trailing P/E 61.7.
ASTE currently screens at market cap $950.4M and trailing P/E 61.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ASTE 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ASTE stock page for the full model, not this heading.
Not investment advice.