Gencor Industries, Leading Asphalt Manufacturer, Offers Deep Value

Gencor Industries, Inc. (DE) (NASDAQ:GENC) is the leading manufacturer of asphalt plants, soil remediation plants, combustion systems and screening equipment for the road and highway construction industry. The company has a market capitalization of $83 million and an average daily volume of 17,481—so the stock is somewhat illiquid. Gencor Industries valuation That said, Gencor Industries, Inc. (DE) (NASDAQ:GENC) offers deep value the likes of which is hard to come by in this strong market. For a start, at the end of the company’s second fiscal quarter, Gencor reported a shareholder equity of $108 million with 9.5 million shares outstanding, which gives a…