Art's-Way Manufacturing Co., Inc. (ARTW) Stock

Art's-Way Manufacturing Co., Inc. (ARTW) is a Industrials stock trading at $2.99 (as of 2026-08-20), with a market capitalization of $15.55M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Art’s-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools. It operates through Agricultural Products, Modular Buildings, and Tools segments, serving agricultural customers and—through modular buildings—academic research institutions, government research and diagnostic centers, public health organizations, and private research and pharmaceutical companies.

Understand Art's-Way Manufacturing Co., Inc.: how it makes money

Art's-Way Manufacturing Co. makes and sells specialized agricultural equipment, modular science buildings, and steel cutting tools, and earns money from selling these manufactured products to customers in the United States and internationally.

Because the company earns from three distinct, manufactured product lines (Agricultural Products, Modular Buildings, and Tools), its profit engine is the sales mix and demand across these segments, which then drives overall operating results.

Revenue by segment (latest quarter)
Ag Prod	$0.0B
Mod Bldgs	$0.0B
Tools	$0.0B

Business quality (Mixed): Segments and business lines clearly connect the company to a product-sale profit model, though the provided segment and total revenue figures are all reported as 0.0B for the latest period.

Valuation: At 10× earnings, ARTW trades 69% below the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

Three-segment product mix: The business is organized around Agricultural Products, Modular Buildings, and Tools, which can diversify exposure across different customer needs within machinery and built structures.
Specialization across equipment types: The company sells specialized farm machinery (including feed processing and hay and forage equipment), modular science buildings, and steel cutting tools, which aligns with selling defined equipment categories rather than generic components.

Bear case

Demand sensitivity by end market: Because it sells manufactured equipment across agricultural machinery, modular buildings, and cutting tools, weaker customer demand in one or more segments can pressure consolidated results.
Margin pressure in manufacturing: Manufacturing and selling equipment can be exposed to cost swings that show up in operating performance (latest reported gross margin 28.8% and operating margin 5.0%).

Valuation — source: SEC EDGAR (first-party)
Price	$2.99
Market Cap	$15.55M
EV / EBITDA	15.0
Price / Book	1.13
Price / Sales	0.60
FCF Yield	-16.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$22.98M
Net Margin	4.5%
Revenue Growth (YoY)	23.9%
EPS Growth (YoY)	-89.7%
FCF Growth (YoY)	-98.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.04 (safe)
Piotroski F-Score	3/9 (weak)

Valuation vs Sector & Industry
Sector P/E (Industrials)	25.9
Industry P/E (Machinery)	32.3

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	RENAISSANCE TECHNOLOGIES LLC ($295681.00)
Institutional Holders Tracked	10

Company
Sector	Industrials
Industry	Machinery
CEO	Marc H. McConnell
Employees	89
Country	US
IPO Date	1980-03-17

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.