ADVANSIX INC (ASIX) Stock Fundamental Analysis
USA - NYSE:ASIX - US00773T1016 - Common Stock
19.75 USD
-0.33 (-1.64%)
19.75 USD
0 (0%)
Taking everything into account, ASIX scores 5 out of 10 in our fundamental rating. ASIX was compared to 82 industry peers in the Chemicals industry. ASIX has only an average score on both its financial health and profitability. ASIX scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
ASIX had positive earnings in the past year.
ASIX had a positive operating cash flow in the past year.
In the past 5 years ASIX has always been profitable.
In the past 5 years ASIX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ASIX (4.70%) is better than 79.27% of its industry peers.
The Return On Equity of ASIX (9.39%) is better than 76.83% of its industry peers.
With a decent Return On Invested Capital value of 5.70%, ASIX is doing good in the industry, outperforming 63.41% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASIX is above the industry average of 6.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.7% | ||
| ROE | 9.39% | ||
| ROIC | 5.7% |
ROA(3y)5.97%
ROA(5y)6.44%
ROE(3y)12.12%
ROE(5y)14%
ROIC(3y)9.21%
ROIC(5y)10.01%
1.3 Margins
ASIX has a better Profit Margin (5.10%) than 68.29% of its industry peers.
In the last couple of years the Profit Margin of ASIX has declined.
The Operating Margin of ASIX (5.67%) is worse than 63.41% of its industry peers.
In the last couple of years the Operating Margin of ASIX has declined.
Looking at the Gross Margin, with a value of 11.93%, ASIX is doing worse than 78.05% of the companies in the same industry.
In the last couple of years the Gross Margin of ASIX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.67% | ||
| PM (TTM) | 5.1% | ||
| GM | 11.93% |
OM growth 3Y-30.05%
OM growth 5Y-6.66%
PM growth 3Y-29.49%
PM growth 5Y-1.78%
GM growth 3Y-14.76%
GM growth 5Y-2.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ASIX is creating some value.
Compared to 1 year ago, ASIX has about the same amount of shares outstanding.
ASIX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ASIX is higher compared to a year ago.
2.2 Solvency
ASIX has an Altman-Z score of 2.14. This is not the best score and indicates that ASIX is in the grey zone with still only limited risk for bankruptcy at the moment.
ASIX has a Altman-Z score (2.14) which is comparable to the rest of the industry.
ASIX has a debt to FCF ratio of 8.95. This is a slightly negative value and a sign of low solvency as ASIX would need 8.95 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.95, ASIX is in the better half of the industry, outperforming 68.29% of the companies in the same industry.
A Debt/Equity ratio of 0.29 indicates that ASIX is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.29, ASIX is doing good in the industry, outperforming 79.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.95 | ||
| Altman-Z | 2.14 |
ROIC/WACC0.66
WACC8.66%
2.3 Liquidity
A Current Ratio of 1.35 indicates that ASIX should not have too much problems paying its short term obligations.
ASIX has a Current ratio of 1.35. This is amonst the worse of the industry: ASIX underperforms 81.71% of its industry peers.
A Quick Ratio of 0.66 indicates that ASIX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.66, ASIX is doing worse than 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 423.33% over the past year.
The Earnings Per Share has been growing slightly by 6.81% on average over the past years.
ASIX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.31%.
Measured over the past years, ASIX shows a small growth in Revenue. The Revenue has been growing by 3.18% on average per year.
EPS 1Y (TTM)423.33%
EPS 3Y-25.91%
EPS 5Y6.81%
EPS Q2Q%-20%
Revenue 1Y (TTM)1.31%
Revenue growth 3Y-3.42%
Revenue growth 5Y3.18%
Sales Q2Q%-9.58%
3.2 Future
Based on estimates for the next years, ASIX will show a very strong growth in Earnings Per Share. The EPS will grow by 43.65% on average per year.
Based on estimates for the next years, ASIX will show a small growth in Revenue. The Revenue will grow by 3.33% on average per year.
EPS Next Y84.22%
EPS Next 2Y43.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.07%
Revenue Next 2Y3.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.29, the valuation of ASIX can be described as very cheap.
93.90% of the companies in the same industry are more expensive than ASIX, based on the Price/Earnings ratio.
ASIX is valuated cheaply when we compare the Price/Earnings ratio to 26.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 4.88, which indicates a rather cheap valuation of ASIX.
ASIX's Price/Forward Earnings ratio is rather cheap when compared to the industry. ASIX is cheaper than 96.34% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.99. ASIX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| Fwd PE | 4.88 |
4.2 Price Multiples
93.90% of the companies in the same industry are more expensive than ASIX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ASIX is valued a bit cheaper than 67.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.78 | ||
| EV/EBITDA | 4.68 |
4.3 Compensation for Growth
ASIX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ASIX's earnings are expected to grow with 43.65% in the coming years.
PEG (NY)0.07
PEG (5Y)0.92
EPS Next 2Y43.65%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ASIX has a Yearly Dividend Yield of 3.16%.
Compared to an average industry Dividend Yield of 3.69, ASIX pays a bit more dividend than its industry peers.
ASIX's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
5.2 History
ASIX has been paying a dividend for over 5 years, so it has already some track record.
ASIX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
22.15% of the earnings are spent on dividend by ASIX. This is a low number and sustainable payout ratio.
DP22.15%
EPS Next 2Y43.65%
EPS Next 3YN/A
19.75
-0.33 (-1.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.86%
Inst Owner Change-0.06%
Ins Owners3.21%
Ins Owner Change1.81%
Market Cap530.09M
Revenue(TTM)1.52B
Net Income(TTM)77.33M
Analysts82.86
Price Target35.19 (78.18%)
Short Float %2.64%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
Yearly Dividend0.64
Dividend Growth(5Y)N/A
DP22.15%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.88%
Min EPS beat(2)-0.76%
Max EPS beat(2)10.52%
EPS beat(4)3
Avg EPS beat(4)41.25%
Min EPS beat(4)-0.76%
Max EPS beat(4)123.53%
EPS beat(8)5
Avg EPS beat(8)-56.65%
EPS beat(12)8
Avg EPS beat(12)-35.94%
EPS beat(16)10
Avg EPS beat(16)-25.17%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-7.25%
Max Revenue beat(2)6.66%
Revenue beat(4)2
Avg Revenue beat(4)-2.04%
Min Revenue beat(4)-13.74%
Max Revenue beat(4)6.66%
Revenue beat(8)4
Avg Revenue beat(8)-1.32%
Revenue beat(12)6
Avg Revenue beat(12)-2.49%
Revenue beat(16)9
Avg Revenue beat(16)-1.29%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| Fwd PE | 4.88 | ||
| P/S | 0.35 | ||
| P/FCF | 19.78 | ||
| P/OCF | 3.44 | ||
| P/B | 0.64 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 4.68 |
EPS(TTM)3.14
EY15.9%
EPS(NY)4.04
Fwd EY20.48%
FCF(TTM)1
FCFY5.06%
OCF(TTM)5.74
OCFY29.05%
SpS56.45
BVpS30.69
TBVpS27.05
PEG (NY)0.07
PEG (5Y)0.92
Graham Number46.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.7% | ||
| ROE | 9.39% | ||
| ROCE | 6.49% | ||
| ROIC | 5.7% | ||
| ROICexc | 5.78% | ||
| ROICexgc | 6.25% | ||
| OM | 5.67% | ||
| PM (TTM) | 5.1% | ||
| GM | 11.93% | ||
| FCFM | 1.77% |
ROA(3y)5.97%
ROA(5y)6.44%
ROE(3y)12.12%
ROE(5y)14%
ROIC(3y)9.21%
ROIC(5y)10.01%
ROICexc(3y)9.46%
ROICexc(5y)10.22%
ROICexgc(3y)10.45%
ROICexgc(5y)10.9%
ROCE(3y)10.48%
ROCE(5y)11.39%
ROICexgc growth 3Y-35.6%
ROICexgc growth 5Y-7.34%
ROICexc growth 3Y-37.02%
ROICexc growth 5Y-8.61%
OM growth 3Y-30.05%
OM growth 5Y-6.66%
PM growth 3Y-29.49%
PM growth 5Y-1.78%
GM growth 3Y-14.76%
GM growth 5Y-2.25%
F-Score7
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.95 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 166.12% | ||
| Cap/Sales | 8.39% | ||
| Interest Coverage | 12.09 | ||
| Cash Conversion | 94.74% | ||
| Profit Quality | 34.66% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 2.14 |
F-Score7
WACC8.66%
ROIC/WACC0.66
Cap/Depr(3y)150.48%
Cap/Depr(5y)134.95%
Cap/Sales(3y)6.8%
Cap/Sales(5y)6.19%
Profit Quality(3y)43.2%
Profit Quality(5y)61.64%
High Growth Momentum
Growth
EPS 1Y (TTM)423.33%
EPS 3Y-25.91%
EPS 5Y6.81%
EPS Q2Q%-20%
EPS Next Y84.22%
EPS Next 2Y43.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.31%
Revenue growth 3Y-3.42%
Revenue growth 5Y3.18%
Sales Q2Q%-9.58%
Revenue Next Year2.07%
Revenue Next 2Y3.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y420.28%
EBIT growth 3Y-32.45%
EBIT growth 5Y-3.69%
EBIT Next Year232.08%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.04%
FCF growth 3Y-78.15%
FCF growth 5YN/A
OCF growth 1Y-6.74%
OCF growth 3Y-14.78%
OCF growth 5Y2.38%
ADVANSIX INC / ASIX FAQ
What is the fundamental rating for ASIX stock?
ChartMill assigns a fundamental rating of 5 / 10 to ASIX.
What is the valuation status of ADVANSIX INC (ASIX) stock?
ChartMill assigns a valuation rating of 9 / 10 to ADVANSIX INC (ASIX). This can be considered as Undervalued.
Can you provide the profitability details for ADVANSIX INC?
ADVANSIX INC (ASIX) has a profitability rating of 5 / 10.
What is the expected EPS growth for ADVANSIX INC (ASIX) stock?
The Earnings per Share (EPS) of ADVANSIX INC (ASIX) is expected to grow by 84.22% in the next year.
Can you provide the dividend sustainability for ASIX stock?
The dividend rating of ADVANSIX INC (ASIX) is 5 / 10 and the dividend payout ratio is 22.15%.