ASTE
Astec Industries, Inc.
ASTE's outlook is improving despite an expensive valuation.
VRT
Vertiv Holdings Co
VRT has the edge over ASTE overall, supported by stronger valuation and stronger modeled upside.
ASTE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Stable |
ASTE's revenue and cash flow are currently healthy, and its profitability and balance sheet are stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
ASTE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $38.64 | — |
| Cheap | 30x | $14.87 | -62% |
| Fair | 43x | $21.71 | -44% |
| Current | 77x | $38.64 | — |
| Expensive | 93x | $46.64 | +21% |
Historical ranges are pointers, not guarantees.
ASTE's PE is in its expensive range at 77x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over ASTE in the historical PE scenario, which offers more potential upside but is not a forecast.
ASTE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ASTE, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
ASTE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.80 | +660% |
| Q3 2026 | $0.50 | -76% |
| Q2 2026 | $0.85 | -57% |
| Q1 2026 | $1.12 | +70% |
| Q4 2025 | $1.68 | +784% |
| Q3 2025 | $2.08 | +$2.16 |
| Q2 2025 | $1.99 | +$2.09 |
| Q1 2025 | $0.66 | -39% |
| Q4 2024 | $0.19 | -87% |
ASTE's earnings per share have fallen from their peak: $0.50 over the past year, against $2.08 in late 2025.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over ASTE on earnings, with more consistent year-over-year improvement.
ASTE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $352.4M | +0.7% |
| Q2 2026 | $408.1M | +24% |
| Q1 2026 | $396.3M | +20% |
| Q4 2025 | $400.6M | +12% |
| Q3 2025 | $350.1M | +20% |
| Q2 2025 | $330.3M | -4.4% |
| Q1 2025 | $329.4M | +6.5% |
| Q4 2024 | $359M | +6.5% |
ASTE's revenue has grown year over year for five quarters in a row: $352M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.9% | -1.3 points |
| Q2 2026 | 5% | -1.5 points |
| Q1 2026 | 2.3% | -3.9 points |
| Q4 2025 | 5.7% | -4 points |
| Q3 2025 | 0.3% | +2.8 points |
| Q2 2025 | 6.5% | +9.6 points |
| Q1 2025 | 6.2% | +4.2 points |
| Q4 2024 | 9.7% | +4.1 points |
ASTE's operating margin was −0.9% last quarter, down 1.3 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over ASTE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over ASTE on profitability, with a higher operating margin.
ASTE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $10.7M | +$23M |
| Q2 2026 | $4.7M | -48% |
| Q1 2026 | $32.6M | +96% |
| Q4 2025 | $7.4M | -77% |
| Q3 2025 | -$12.3M | -162% |
| Q2 2025 | $9M | +173% |
| Q1 2025 | $16.6M | +$69.4M |
| Q4 2024 | $32.1M | -14% |
ASTE still generates free cash flow, though less than at its 2020 peak: $55M over the past year.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over ASTE on cash flow, with more consistent year-over-year improvement.
ASTE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -243K shares |
| 1 year | +0.7% | +158K shares |
| 3 years | +1.3% | +301K shares |
| 5 years | +0.6% | +135K shares |
| Available history | +1.6% | +374K shares |
ASTE has 23M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q4 2022 | $4M |
| Q4 2019 | — |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over ASTE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
ASTE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Moderate |
| Q2 2026 | 3.0x | Moderate |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -1.2x | Net Cash |
| Q4 2024 | 0.6x | Very low |
ASTE's net debt is about 3.0 years of its operating earnings (EBITDA), up from 2.6 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over ASTE on leverage, with a lower net debt burden relative to earnings.
ASTE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.8 | Neutral |
| Stochastic | 16.3 | Oversold |
ASTE's weekly RSI is 39 (neutral) and its Stochastic is 16 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
ASTE PE vs Industrials Sector
| Metric | ASTE | Sector median | Relative |
|---|---|---|---|
| PE | 77x | 24x | 222% above |
| PE % | 77 | 58 | 19 pts above |
ASTE is trading at 77x earnings, a 222% premium to the Industrials sector's median of 24x.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT has the edge over ASTE on valuation relative to its sector.
ASTE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.0 | 1% below |
| 20 week MA | $44.5 | 13% below |
| 50 week MA | $49.6 | 22% below |
| 100 week MA | $44.6 | 13% below |
| 200 week MA | $41.7 | 7.3% below |
ASTE is in a downtrend: it's below all five of its weekly moving averages, and 7.3% below its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over ASTE on trend strength, trading above more of its moving averages.
ASTE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.1 | $58.6 | +39% |
| 2021 | $58.6 | $69.3 | +18% |
| 2022 | $69.3 | $41.0 | -41% |
| 2023 | $41.0 | $37.2 | -9.3% |
| 2024 | $37.2 | $33.2 | -11% |
| 2025 | $33.2 | $45.9 | +38% |
| 2026 YTD | $45.9 | $38.6 | -16% |
ASTE has finished lower in three of the last six years. It's down 16% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over ASTE on returns for 2026, with the stronger performance.