Astec Pretax Profit Margin from 2010 to 2024
ASTE Stock | USD 36.51 0.59 1.59% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.03198326 | Current Value 0.0313 | Quarterly Volatility 0.03581486 |
Check Astec Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astec Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.1 M, Interest Expense of 9.3 M or Selling General Administrative of 288.3 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0124 or PTB Ratio of 2.01. Astec financial statements analysis is a perfect complement when working with Astec Industries Valuation or Volatility modules.
Astec | Pretax Profit Margin |
Latest Astec Industries' Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Astec Industries over the last few years. It is Astec Industries' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Astec Industries' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin | 10 Years Trend |
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Pretax Profit Margin |
Timeline |
Astec Pretax Profit Margin Regression Statistics
Arithmetic Mean | 0.03 | |
Coefficient Of Variation | 102.90 | |
Mean Deviation | 0.02 | |
Median | 0.04 | |
Standard Deviation | 0.04 | |
Sample Variance | 0 | |
Range | 0.1492 | |
R-Value | (0.40) | |
Mean Square Error | 0 | |
R-Squared | 0.16 | |
Significance | 0.14 | |
Slope | (0) | |
Total Sum of Squares | 0.02 |
Astec Pretax Profit Margin History
About Astec Industries Financial Statements
Astec Industries stakeholders use historical fundamental indicators, such as Astec Industries' Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Astec Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Astec Industries' assets and liabilities are reflected in the revenues and expenses on Astec Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Astec Industries. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.03 | 0.03 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Astec Industries is a strong investment it is important to analyze Astec Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:Check out the analysis of Astec Industries Correlation against competitors. For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astec Industries. If investors know Astec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astec Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.52 | Earnings Share (0.09) | Revenue Per Share 56.33 | Quarterly Revenue Growth (0.04) |
The market value of Astec Industries is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astec Industries' market value can be influenced by many factors that don't directly affect Astec Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astec Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.