Ascent Industries Co. (ACNT)

US — Basic Materials Sector
Peers: FRD  AMSYF  APEMY  ANIOY  ASTLW  BCOW  LIEN  BATL 

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Key Metrics & Ratings

  • symbol ACNT
  • Rev/Share 15.7298
  • Book/Share 9.0468
  • PB 1.3939
  • Debt/Equity 0.3562
  • CurrentRatio 2.9517
  • ROIC -0.0763

 

  • MktCap 132523534.0
  • FreeCF/Share 1.373
  • PFCF 9.5796
  • PE -12.2195
  • Debt/Assets 0.2129
  • DivYield 0
  • ROE -0.1093

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 5
  • P/B Score 3
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

Ascent Industries: Can The Small Steel Maker Take Advantage Of Trade Tarriffs?
ACNT
Published: March 14, 2025 by: Seeking Alpha
Sentiment: Neutral

ACNT is rated as a HOLD due to its potential benefits from Trump tariffs but requires evidence of improved performance in a changing market. The firm has solid financial health, limited debt, and efficient capital deployment but faces challenges with declining steel tube sales and small scale operations. ACNT's valuation is in line with industry peers, but its smaller scale and customer concentration risks warrant caution before investing.

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image for news Ascent Industries: Can The Small Steel Maker Take Advantage Of Trade Tarriffs?

About Ascent Industries Co. (ACNT)

  • IPO Date 1980-03-17
  • Website https://www.ascentco.com
  • Industry Steel
  • CEO J. Bryan Kitchen
  • Employees 451
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.