Head to Head Analysis: Ascent Industries (ACNT) & Its Competitors

Volatility and Risk

Ascent Industries has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500. Comparatively, Ascent Industries’ peers have a beta of 12.18, meaning that their average stock price is 1,118% more volatile than the S&P 500.

Profitability

This table compares Ascent Industries and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ascent Industries	-6.56%	-1.78%	-1.12%
Ascent Industries Competitors	8.57%	12.70%	7.08%

Earnings & Valuation

This table compares Ascent Industries and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ascent Industries	$174.65 million	-$13.60 million	-11.94
Ascent Industries Competitors	$4.72 billion	$501.64 million	19.19

Ascent Industries’ peers have higher revenue and earnings than Ascent Industries. Ascent Industries is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

26.0% of Ascent Industries shares are held by institutional investors. Comparatively, 73.4% of shares of all “MACH – GENL INDL” companies are held by institutional investors. 9.3% of Ascent Industries shares are held by insiders. Comparatively, 6.1% of shares of all “MACH – GENL INDL” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Ascent Industries peers beat Ascent Industries on 8 of the 9 factors compared.

Ascent Industries Company Profile

Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries. The company also 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. In addition, it 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 based in Oak Brook, Illinois.