TNC
Tennant Company
Industrial - Machinery
Market Cap$1.57B
5Y Perf.+36.0%
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Stock Comparison
TNC vs ASTE
Revenue, margins, valuation, and 5-year total return — side by side.
ASTE
Astec Industries, Inc.
Agricultural - Machinery
Market Cap$1.21B
5Y Perf.+24.8%
TNC vs ASTE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | TNC | ASTE |
|---|---|---|
| Industry | Industrial - Machinery | Agricultural - Machinery |
| Market Cap | $1.57B | $1.21B |
| Revenue (TTM) | $1.21B | $1.48B |
| Net Income (TTM) | $31M | $26M |
| Gross Margin | 39.5% | 26.1% |
| Operating Margin | 4.8% | 3.7% |
| Forward P/E | 17.4x | 14.2x |
| Total Debt | $345M | $320M |
| Cash & Equiv. | $106M | $72M |
TNC vs ASTE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
TNC
ASTE
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Tennant Company (TNC) | 100 | 136.0 | +36.0% |
| Astec Industries, I… (ASTE) | 100 | 124.8 | +24.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TNC vs ASTE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: TNC leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Astec Industries, Inc. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. As sector peers, any of these can serve as alternatives in the same allocation.
TNC
Tennant Company
The Income Pick
TNC carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 7 yrs, beta 0.99, yield 1.4%
- 84.5% 10Y total return vs ASTE's 22.1%
- Lower volatility, beta 0.99, Low D/E 57.1%, current ratio 2.05x
Best for: income & stability and long-term compounding
ASTE
Astec Industries, Inc.
The Growth Play
ASTE is the clearest fit if your priority is growth exposure.
- Rev growth 8.1%, EPS growth 7.8%, 3Y rev CAGR 3.4%
- 8.1% revenue growth vs TNC's -6.5%
- Lower P/E (14.2x vs 17.4x)
Best for: growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | ASTE | 8.1% revenue growth vs TNC's -6.5% |
| Value | ASTE | Lower P/E (14.2x vs 17.4x) |
| Quality / Margins | TNC | 2.6% margin vs ASTE's 1.7% |
| Stability / Safety | TNC | Beta 0.99 vs ASTE's 1.63 |
| Dividends | TNC | 1.4% yield, 7-year raise streak, vs ASTE's 1.0% |
| Momentum (1Y) | ASTE | +40.5% vs TNC's +24.6% |
| Efficiency (ROA) | TNC | 2.5% ROA vs ASTE's 2.0%, ROIC 7.5% vs 6.2% |
TNC vs ASTE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2025
TNC vs ASTE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLTNCLAGGINGASTE
ASTEAstec Industries, Inc.
2leads
TNCTennant Company
3leads
6 Total Categories
CATEGORYLEADERvs ASTEMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
Tied
—
Valuation MetricsMultiples, price ratios, and targets
ASTE4/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
TNC6/8
Total Returns1Y, 3Y, 5Y total returns with dividends
ASTE4/6
Risk & VolatilityBeta, volatility, and downside exposure
TNC2/2
Analyst OutlookRatings, price targets, and dividends
TNC2/2
Income & Cash Flow (Last 12 Months)
Evenly matched — TNC and ASTE each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ASTE and TNC operate at a comparable scale, with $1.5B and $1.2B in trailing revenue. Profitability is closely matched — net margins range from 2.6% (TNC) to 1.7% (ASTE). On growth, ASTE holds the edge at +20.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | TNCTennant Company | ASTEAstec Industries,… |
|---|---|---|
| RevenueTrailing 12 months | $1.2B | $1.5B |
| EBITDAEarnings before interest/tax | $118M | $84M |
| Net IncomeAfter-tax profit | $31M | $26M |
| Free Cash FlowCash after capex | $16M | $44M |
| Gross MarginGross profit ÷ Revenue | +39.5% | +26.1% |
| Operating MarginEBIT ÷ Revenue | +4.8% | +3.7% |
| Net MarginNet income ÷ Revenue | +2.6% | +1.7% |
| FCF MarginFCF ÷ Revenue | +1.4% | +3.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.7% | +20.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -98.4% | -90.3% |
Evenly matched — TNC and ASTE each lead in 3 of 6 comparable metrics.
Valuation Metrics
ASTE leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 31.5x trailing earnings, ASTE trades at a 14% valuation discount to TNC's 36.9x P/E. On an enterprise value basis, TNC's 12.9x EV/EBITDA is more attractive than ASTE's 14.4x.
| Metric | TNCTennant Company | ASTEAstec Industries,… |
|---|---|---|
| Market CapShares × price | $1.6B | $1.2B |
| Enterprise ValueMkt cap + debt − cash | $1.8B | $1.5B |
| Trailing P/EPrice ÷ TTM EPS | 36.86x | 31.55x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.43x | 14.17x |
| PEG RatioP/E ÷ EPS growth rate | 6.76x | — |
| EV / EBITDAEnterprise value multiple | 12.91x | 14.36x |
| Price / SalesMarket cap ÷ Revenue | 1.30x | 0.86x |
| Price / BookPrice ÷ Book value/share | 2.68x | 1.80x |
| Price / FCFMarket cap ÷ FCF | 36.18x | 56.50x |
ASTE leads this category, winning 4 of 6 comparable metrics.
Profitability & Efficiency
TNC leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
TNC delivers a 5.1% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $4 for ASTE. ASTE carries lower financial leverage with a 0.47x debt-to-equity ratio, signaling a more conservative balance sheet compared to TNC's 0.57x.
| Metric | TNCTennant Company | ASTEAstec Industries,… |
|---|---|---|
| ROE (TTM)Return on equity | +5.1% | +3.8% |
| ROA (TTM)Return on assets | +2.5% | +2.0% |
| ROICReturn on invested capital | +7.5% | +6.2% |
| ROCEReturn on capital employed | +8.7% | +7.2% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.57x | 0.47x |
| Net DebtTotal debt minus cash | $238M | $248M |
| Cash & Equiv.Liquid assets | $106M | $72M |
| Total DebtShort + long-term debt | $345M | $320M |
| Interest CoverageEBIT ÷ Interest expense | 5.54x | 5.48x |
TNC leads this category, winning 6 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
ASTE leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TNC five years ago would be worth $10,830 today (with dividends reinvested), compared to $7,958 for ASTE. Over the past 12 months, ASTE leads with a +40.5% total return vs TNC's +24.6%. The 3-year compound annual growth rate (CAGR) favors ASTE at 9.6% vs TNC's 4.9% — a key indicator of consistent wealth creation.
| Metric | TNCTennant Company | ASTEAstec Industries,… |
|---|---|---|
| YTD ReturnYear-to-date | +18.0% | +19.0% |
| 1-Year ReturnPast 12 months | +24.6% | +40.5% |
| 3-Year ReturnCumulative with dividends | +15.5% | +31.7% |
| 5-Year ReturnCumulative with dividends | +8.3% | -20.4% |
| 10-Year ReturnCumulative with dividends | +84.5% | +22.1% |
| CAGR (3Y)Annualised 3-year return | +4.9% | +9.6% |
ASTE leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
TNC leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TNC is the less volatile stock with a 0.99 beta — it tends to amplify market swings less than ASTE's 1.63 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TNC currently trades 97.9% from its 52-week high vs ASTE's 80.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | TNCTennant Company | ASTEAstec Industries,… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.99x | 1.63x |
| 52-Week HighHighest price in past year | $88.86 | $65.65 |
| 52-Week LowLowest price in past year | $60.18 | $36.43 |
| % of 52W HighCurrent price vs 52-week peak | +97.9% | +80.7% |
| RSI (14)Momentum oscillator 0–100 | 76.7 | 39.1 |
| Avg Volume (50D)Average daily shares traded | 317K | 227K |
TNC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
TNC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates TNC as "Buy" and ASTE as "Buy". Consensus price targets imply 60.9% upside for TNC (target: $140) vs -32.1% for ASTE (target: $36). For income investors, TNC offers the higher dividend yield at 1.35% vs ASTE's 0.97%.
| Metric | TNCTennant Company | ASTEAstec Industries,… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $140.00 | $36.00 |
| # AnalystsCovering analysts | 8 | 12 |
| Dividend YieldAnnual dividend ÷ price | +1.4% | +1.0% |
| Dividend StreakConsecutive years of raises | 7 | 0 |
| Dividend / ShareAnnual DPS | $1.18 | $0.51 |
| Buyback YieldShare repurchases ÷ mkt cap | +5.6% | 0.0% |
TNC leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
TNC leads in 3 of 6 categories (Profitability & Efficiency, Risk & Volatility). ASTE leads in 2 (Valuation Metrics, Total Returns). 1 tied.
Best OverallTennant Company (TNC)Leads 3 of 6 categories
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TNC vs ASTE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is TNC or ASTE a better buy right now?
For growth investors, Astec Industries, Inc.
(ASTE) is the stronger pick with 8. 1% revenue growth year-over-year, versus -6. 5% for Tennant Company (TNC). Astec Industries, Inc. (ASTE) offers the better valuation at 31. 5x trailing P/E (14. 2x forward), making it the more compelling value choice. Analysts rate Tennant Company (TNC) a "Buy" — based on 8 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TNC or ASTE?
On trailing P/E, Astec Industries, Inc.
(ASTE) is the cheapest at 31. 5x versus Tennant Company at 36. 9x. On forward P/E, Astec Industries, Inc. is actually cheaper at 14. 2x.
03Which is the better long-term investment — TNC or ASTE?
Over the past 5 years, Tennant Company (TNC) delivered a total return of +8.
3%, compared to -20. 4% for Astec Industries, Inc. (ASTE). Over 10 years, the gap is even starker: TNC returned +84. 5% versus ASTE's +22. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TNC or ASTE?
By beta (market sensitivity over 5 years), Tennant Company (TNC) is the lower-risk stock at 0.
99β versus Astec Industries, Inc. 's 1. 63β — meaning ASTE is approximately 65% more volatile than TNC relative to the S&P 500. On balance sheet safety, Astec Industries, Inc. (ASTE) carries a lower debt/equity ratio of 47% versus 57% for Tennant Company — giving it more financial flexibility in a downturn.
05Which is growing faster — TNC or ASTE?
By revenue growth (latest reported year), Astec Industries, Inc.
(ASTE) is pulling ahead at 8. 1% versus -6. 5% for Tennant Company (TNC). On earnings-per-share growth, the picture is similar: Astec Industries, Inc. grew EPS 784. 2% year-over-year, compared to -46. 1% for Tennant Company. Over a 3-year CAGR, ASTE leads at 3. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TNC or ASTE?
Tennant Company (TNC) is the more profitable company, earning 3.
6% net margin versus 2. 8% for Astec Industries, Inc. — meaning it keeps 3. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TNC leads at 6. 7% versus 4. 6% for ASTE. At the gross margin level — before operating expenses — TNC leads at 40. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TNC or ASTE more undervalued right now?
On forward earnings alone, Astec Industries, Inc.
(ASTE) trades at 14. 2x forward P/E versus 17. 4x for Tennant Company — 3. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TNC: 60. 9% to $140. 00.
08Which pays a better dividend — TNC or ASTE?
All stocks in this comparison pay dividends.
Tennant Company (TNC) offers the highest yield at 1. 4%, versus 1. 0% for Astec Industries, Inc. (ASTE).
09Is TNC or ASTE better for a retirement portfolio?
For long-horizon retirement investors, Tennant Company (TNC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
99), 1. 4% yield). Astec Industries, Inc. (ASTE) carries a higher beta of 1. 63 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TNC: +84. 5%, ASTE: +22. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TNC and ASTE?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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Revenue Growth>
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(TNC: 2.7% · ASTE: 20.3%)P/E Ratio<
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