Discounted Cash Flow

Astec Industries Inc.

ASTE · Based on 10 years of SEC filings · Converted from BRL to USD

⚠ Cash flow predictability 25/100 (unstable) — FCF YoY std dev 92%, net income 90% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $223.9m $10.8m $21.0m 4.8% $2.40
2017 $231.2m (3.3%) $7.4m (-31.5%) $4.3m (-79.7%) 3.2% (-33.6%) $1.64 (-31.7%)
2018 $228.6m (-1.1%) $-11.8m (-259.9%) $-11.2m (-362.1%) -5.2% (-261.7%) $-2.64 (-261.0%)
2019 $228.2m (-0.2%) $4.4m (136.9%) $17.4m (255.7%) 1.9% (137.0%) $0.99 (137.5%)
2020 $199.9m (-12.4%) $9.2m (110.3%) $24.6m (41.6%) 4.6% (140.1%) $2.08 (110.1%)
2021 $214.1m (7.1%) $3.5m (-62.0%) $-2.5m (-110.1%) 1.6% (-64.6%) $0.78 (-62.5%)
2022 $248.7m (16.2%) $-19.5k (-100.6%) $-22.4m (-802.4%) -0.0% (-100.5%) $0.00 (-100.0%)
2023 $261.1m (5.0%) $6.5m (33600.0%) $-1.2m (94.5%) 2.5% (32005.4%) $1.47
2024 $254.7m (-2.5%) $839.1k (-87.2%) $487.9k (139.7%) 0.3% (-86.8%) $0.19 (-87.1%)
2025 $275.2m (8.1%) $7.6m (802.3%) $4.0m (728.0%) 2.8% (735.0%) $1.70 (794.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in BRL. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model