Gorman-Rupp (NYSE:GRC) and Ascent Industries (NASDAQ:ACNT) Financial Analysis

Gorman-Rupp (NYSE:GRCGet Free Report) and Ascent Industries (NASDAQ:ACNTGet Free Report) are both industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, valuation, risk, analyst recommendations and dividends.

Analyst Ratings

This is a summary of current recommendations and price targets for Gorman-Rupp and Ascent Industries, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Gorman-Rupp 0 2 1 0 2.33
Ascent Industries 1 0 0 0 1.00

Insider & Institutional Ownership

59.3% of Gorman-Rupp shares are owned by institutional investors. Comparatively, 26.0% of Ascent Industries shares are owned by institutional investors. 11.6% of Gorman-Rupp shares are owned by insiders. Comparatively, 7.5% of Ascent Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

Gorman-Rupp has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500. Comparatively, Ascent Industries has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500.

Profitability

This table compares Gorman-Rupp and Ascent Industries’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Gorman-Rupp 8.45% 15.08% 7.18%
Ascent Industries 1.54% -4.37% -3.31%

Valuation & Earnings

This table compares Gorman-Rupp and Ascent Industries”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Gorman-Rupp $695.03 million 3.39 $53.02 million $2.23 40.06
Ascent Industries $76.52 million 1.64 $870,000.00 $0.13 106.92

Gorman-Rupp has higher revenue and earnings than Ascent Industries. Gorman-Rupp is trading at a lower price-to-earnings ratio than Ascent Industries, indicating that it is currently the more affordable of the two stocks.

Summary

Gorman-Rupp beats Ascent Industries on 12 of the 13 factors compared between the two stocks.

About Gorman-Rupp

(Get Free Report)

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company’s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air conditioning, military, and other liquid-handling applications. The company markets its products through a network of distributors, manufacturers’ representatives, third-party distributor catalogs, direct sales, and e-commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

About Ascent Industries

(Get Free Report)

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.

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