Is Astec Industries, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Astec Industries, Inc. moved from attractive to fair. The company appears to be fairly valued based on its current metrics. The P/E ratio stands at 12, which is lower than the peer average of 14.25, while the EV to EBITDA ratio is 7.28, also below the peer average of 8.30. Additionally, the PEG ratio of 0.27 indicates strong growth potential relative to its price.
In comparison to its peers, The Toro Co. has a significantly higher P/E ratio of 23.94, indicating it is expensive, while Alamo Group, Inc. is fairly valued with a P/E of 21.81. Notably, Astec Industries has outperformed the S&P 500 year-to-date with a return of 36.90% compared to 14.40%, but it has lagged over the longer term, particularly in the 5-year period where it returned -18.35% against the S&P's 91.73%.