Federal highway bill authorizations and state DOT capital budgets - drives multi-year order visibility
Large plant order announcements (typically $2-5M per unit) - material impact given small revenue base
Backlog trends and book-to-bill ratios - leading indicator of revenue 12-18 months forward
Gross margin performance on project mix - varies significantly between new plants vs retrofits
high - Asphalt plant demand directly correlates with highway construction spending, which lags GDP by 6-12 months. State tax revenues drive DOT budgets while federal IIJA funding provides multi-year baseline. Construction activity typically peaks 18-24 months into economic expansions as projects move from planning to execution.
Moderate sensitivity through two channels: (1) Customer financing costs for $3-8M plant purchases affect order timing, particularly for smaller contractors; (2) Municipal bond yields impact state/local infrastructure financing capacity. However, federal grant programs partially insulate demand from rate cycles. Higher rates compress valuation multiples given low growth profile.
Emissions regulations driving shift toward recycled asphalt and warm-mix technologies - requires continuous R&D investment to maintain technical relevance
Concentration in North American market (estimated 90%+ of revenue) limits geographic diversification and exposes to US infrastructure spending volatility
Small scale ($100M revenue) limits R&D budget versus larger diversified equipment manufacturers entering asphalt plant market
value - Trades at 1.0x book value and 10.3x EV/EBITDA despite zero debt, attracting deep value investors seeking asset-backed downside protection. Low trading volume ($200M market cap) limits institutional ownership. 16.9% one-year return suggests episodic interest around infrastructure spending catalysts rather than sustained momentum.
Trend
-2.6% vs SMA 50 · +40.5% vs SMA 200
Momentum
Distribution pattern detected. More selling days than accumulation over the past 20 sessions. Not a conducive environment for a squeeze.
Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.
ANALYST ESTIMATES
Analyst consensus estimates · Actuals replace estimates as reported
| Year | Revenue Est. | Rev Gth | EPS Est. | EPS Gth | Range | Analysts |
|---|---|---|---|---|---|---|
FY2023 | $57.4M $45.9M–$68.9M | — | $0.20 | — | ±15% | High17 |
FY2026(current) | $102.0M $102.0M–$102.0M | ▲ +77.8% | $0.96 | ▲ +380.0% | — | Low1 |
FY2027 | $128.0M $128.0M–$128.0M | ▲ +25.5% | $0.96 | ▲ +0.0% | — | Low1 |
INSTITUTIONAL OWNERSHIP
GENC News
About
Gencor Industries is a leading manufacturer of heavy machinery used in the production and application of highway construction materials and environmental control equipment.
| Symbol | Price | Day % | Mkt Cap↓ | P/E | Rev Grw | Margin | ELO |
|---|---|---|---|---|---|---|---|
GENC◀ | $14.33 | +0.48% | $210M | 13.8 | +200.7% | 1356.7% | 1500 |
| $888.31 | -3.47% | $409.2B | 43.7 | +429.0% | 1312.8% | 1523 | |
| $281.53 | -3.43% | $294.2B | 33.7 | +1848.2% | 1898.2% | 1489 | |
| $171.18 | -2.56% | $230.5B | 31.8 | +974.1% | 759.8% | 1488 | |
| $220.49 | -3.80% | $173.8B | 79.6 | +3449.4% | 249.7% | 1503 | |
| $270.56 | +0.45% | $160.6B | 22.2 | +107.2% | 2912.3% | 1504 | |
| $399.44 | -2.12% | $155.1B | 38.9 | +1033.0% | 1489.7% | 1504 | |
| Sector avg | — | -2.07% | — | 37.7 | +1148.8% | 1425.6% | 1502 |