Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Astec Industries, Inc. (ASTE)

Company Dividend Discount ModelIndustry: Agricultural - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$18.59 - $28.14$23.09
Multi-Stage$24.36 - $26.69$25.50
Blended Fair Value$24.29
Current Price$48.13
Upside-49.52%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.72%2.64%0.520.510.490.440.440.430.420.400.400.40
YoY Growth--0.85%5.36%9.80%2.00%0.85%3.02%4.32%0.10%0.26%0.28%
Dividend Yield--1.51%1.20%1.18%1.03%0.58%1.24%1.08%0.73%0.65%0.86%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)47.90
(-) Cash Dividends Paid (M)11.90
(=) Cash Retained (M)36.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)9.585.993.59
Cash Retained (M)36.0036.0036.00
(-) Cash Required (M)-9.58-5.99-3.59
(=) Excess Retained (M)26.4230.0132.41
(/) Shares Outstanding (M)22.9522.9522.95
(=) Excess Retained per Share1.151.311.41
LTM Dividend per Share0.520.520.52
(+) Excess Retained per Share1.151.311.41
(=) Adjusted Dividend1.671.831.93
WACC / Discount Rate9.69%9.69%9.69%
Growth Rate0.64%1.64%2.64%
Fair Value$18.59$23.09$28.14
Upside / Downside-61.38%-52.04%-41.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)47.9048.6949.4950.3051.1351.9753.53
Payout Ratio24.84%37.87%50.91%63.94%76.97%90.00%92.50%
Projected Dividends (M)11.9018.4425.1932.1639.3546.7749.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.69%9.69%9.69%
Growth Rate0.64%1.64%2.64%
Year 1 PV (M)16.6516.8116.98
Year 2 PV (M)20.5320.9421.35
Year 3 PV (M)23.6624.3725.10
Year 4 PV (M)26.1327.1928.27
Year 5 PV (M)28.0429.4630.94
PV of Terminal Value (M)444.02466.52489.93
Equity Value (M)559.03585.30612.57
Shares Outstanding (M)22.9522.9522.95
Fair Value$24.36$25.50$26.69
Upside / Downside-49.39%-47.01%-44.54%

High-Yield Dividend Screener

« Prev Page 52 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PRN.AXPerenti Limited3.11%$0.0939.25%
S11.BKS 11 Group Public Company Limited3.11%$0.1017.73%
SPKSJF.COSparekassen Sjælland-Fyn A/S3.11%$11.8230.81%
0QQT.LEdisun Power Europe AG3.10%$1.618.38%
117580.KSDaesung Energy Co., Ltd.3.10%$248.5825.96%
5851.TRyobi Limited3.10%$84.8741.68%
601952.SSJiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.3.10%$0.2867.42%
7242.TKYB Corporation3.10%$138.5423.69%
8206.KLEco World Development Group Berhad3.10%$0.0755.27%
EGR1T.TLEnefit Green AS3.10%$0.1147.44%
ROU.BRRoularta Media Group N.V.3.10%$0.3763.60%
021240.KSCOWAY Co., Ltd.3.09%$2,641.4332.91%
032830.KSSamsung Life Insurance Co., Ltd.3.09%$4,826.3739.72%
4809.TParaca Inc.3.09%$62.8332.24%
ACKB.BRAckermans & Van Haaren N.V.3.09%$7.1924.51%
BRCR11.SAFundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund3.09%$1.4381.27%
ICLICL Group Ltd3.09%$0.1862.52%
LPP.WALPP S.A.3.09%$654.9267.31%
MINT-R.BKMinor International Public Company Limited3.09%$0.7558.46%
SSMS.JKPT Sawit Sumbermas Sarana Tbk.3.09%$47.9037.66%
TKNO4.SATekno S.A. Indústria e Comércio3.09%$6.2852.08%
002772.SZTianshui Zhongxing Bio-technology Co.,Ltd.3.08%$0.4569.10%
008490.KSSuheung Co., Ltd.3.08%$663.1317.93%
015750.KQSungwoo Hitech Co., Ltd.3.08%$209.439.11%
0KIZ.LNew Wave Group AB (publ)3.08%$3.5056.51%
3696.TCeres Inc.3.08%$59.8629.20%
9535.SRLadun Investment Company3.08%$0.0833.54%
BAMNB.ASKoninklijke BAM Groep nv3.08%$0.3026.44%
002500.SZShanxi Securities Co., Ltd.3.07%$0.1872.43%
1734.TWSinphar Pharmaceutical Co.,Ltd.3.07%$0.9454.13%
603035.SSJiangsu Changshu Automotive Trim Group Co., Ltd.3.07%$0.4744.81%
688029.SSMicro-Tech (Nanjing) Co., Ltd.3.07%$2.5076.50%
9622.SRShmoh Almadi Co.3.07%$0.2753.61%
4423.TARTERIA Networks Corporation3.06%$60.5352.12%
COH.AXCochlear Limited3.06%$7.9970.26%
GEBKA.ATGeneral Commercial & Industrial S.A.3.06%$0.0862.96%
KAT.AXKatana Capital Limited3.06%$0.0426.99%
KBSPIF.BKKhonburi Sugar Power Plant Infrastructure Fund3.06%$0.2519.88%
002001.SZZhejiang NHU Company Ltd.3.05%$0.7732.74%
008560.KSMeritz Securities Co., Ltd.3.05%$185.9714.12%
0826.HKTiangong International Company Limited3.05%$0.1037.07%
339770.KSKyochon Food&Beverage Co., Ltd.3.05%$130.8548.67%
600511.SSChina National Medicines Corporation Ltd.3.05%$0.8832.88%
6902.TDENSO Corporation3.05%$65.9045.39%
BGRIM-R.BKB.Grimm Power Public Company Limited3.05%$0.4356.94%
CSMG3.SACompanhia de Saneamento de Minas Gerais3.05%$1.3337.21%
PIHLIS.HEPihlajalinna Oyj3.05%$0.4424.32%
0EXG.ILJerónimo Martins, SGPS, S.A.3.04%$0.6263.09%
0NX2.LABB Ltd3.04%$1.0543.06%
4204.TSekisui Chemical Co., Ltd.3.04%$80.0246.81%