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NASDAQ: ACNT
Ascent Industries Co Stock

$10.19-0.32 (-3.04%)
Updated Mar 28, 2024
ACNT Price
$10.19
Fair Value Price
$7.12
Market Cap
$103.18M
52 Week Low
$7.20
52 Week High
$11.19
P/E
-2.75x
P/B
1.07x
P/S
0.32x
PEG
N/A
Dividend Yield
N/A
Revenue
$280.79M
Earnings
-$37.64M
Gross Margin
5.4%
Operating Margin
-15.8%
Profit Margin
-13.4%
Debt to Equity
1.24
Operating Cash Flow
$26M
Beta
0.82
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

ACNT Overview

Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois.

Zen Score

–
Industry Average (34)
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Due Diligence Checks

ACNT ($10.19) is overvalued by 43.16% relative to our estimate of its Fair Value price of $7.12 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
ACNT ($10.19) is not significantly undervalued (43.16%) relative to our estimate of its Fair Value price of $7.12 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ACNT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more ACNT due diligence checks available for Premium users.

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Valuation

ACNT fair value

Fair Value of ACNT stock based on Discounted Cash Flow (DCF)
Price
$10.19
Fair Value
$7.12
Overvalued by
43.16%
ACNT ($10.19) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ACNT ($10.19) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ACNT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ACNT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.75x
Industry
14.67x
Market
44.51x

ACNT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.07x
Industry
1.05x
ACNT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ACNT's financial health

Profit margin

Revenue
$56.1M
Net Income
-$17.9M
Profit Margin
-32%
ACNT's Earnings (EBIT) of -$44.37M... subscribe to Premium to read more.
Interest Coverage Financials
ACNT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$215.2M
Liabilities
$118.9M
Debt to equity
1.24
ACNT's short-term assets ($135.04M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ACNT's short-term assets ($135.04M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ACNT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ACNT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$3.5M
Investing
-$1.2M
Financing
-$2.3M
ACNT's operating cash flow ($26.11M)... subscribe to Premium to read more.
Debt Coverage Financials

ACNT vs Steel Stocks

TickerMarket Cap1d %P/EP/B
ACNT$103.18M-3.04%-2.75x1.07x
FRD$130.74M+0.43%7.41x1.07x
HUDI$38.07M-1.84%11.61x0.51x
ZKIN$17.78M+0.69%-2.79x0.21x
HLP$15.22M+12.84%7.24x0.74x

Ascent Industries Co Stock FAQ

What is Ascent Industries Co's quote symbol?

(NASDAQ: ACNT) Ascent Industries Co trades on the NASDAQ under the ticker symbol ACNT. Ascent Industries Co stock quotes can also be displayed as NASDAQ: ACNT.

If you're new to stock investing, here's how to buy Ascent Industries Co stock.

What is the 52 week high and low for Ascent Industries Co (NASDAQ: ACNT)?

(NASDAQ: ACNT) Ascent Industries Co's 52-week high was $11.19, and its 52-week low was $7.20. It is currently -8.94% from its 52-week high and 41.53% from its 52-week low.

How much is Ascent Industries Co stock worth today?

(NASDAQ: ACNT) Ascent Industries Co currently has 10,125,533 outstanding shares. With Ascent Industries Co stock trading at $10.19 per share, the total value of Ascent Industries Co stock (market capitalization) is $103.18M.

Ascent Industries Co stock was originally listed at a price of $14.75 in Dec 31, 1997. If you had invested in Ascent Industries Co stock at $14.75, your return over the last 26 years would have been -30.92%, for an annualized return of -1.41% (not including any dividends or dividend reinvestments).

How much is Ascent Industries Co's stock price per share?

(NASDAQ: ACNT) Ascent Industries Co stock price per share is $10.19 today (as of Mar 28, 2024).

What is Ascent Industries Co's Market Cap?

(NASDAQ: ACNT) Ascent Industries Co's market cap is $103.18M, as of Mar 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ascent Industries Co's market cap is calculated by multiplying ACNT's current stock price of $10.19 by ACNT's total outstanding shares of 10,125,533.
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