ADVANSIX INC (ASIX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASIX - US00773T1016 - Common Stock
18.49 USD
+0.31 (+1.71%)
18.49 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. While ASIX is still in line with the averages on profitability rating, there are concerns on its financial health. ASIX may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
ASIX had positive earnings in the past year.
In the past year ASIX had a positive cash flow from operations.
Each year in the past 5 years ASIX has been profitable.
ASIX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASIX has a better Return On Assets (3.11%) than 69.88% of its industry peers.
With a decent Return On Equity value of 6.41%, ASIX is doing good in the industry, outperforming 71.08% of the companies in the same industry.
ASIX's Return On Invested Capital of 3.30% is in line compared to the rest of the industry. ASIX outperforms 49.40% of its industry peers.
ASIX had an Average Return On Invested Capital over the past 3 years of 9.21%. This is above the industry average of 6.10%.
The last Return On Invested Capital (3.30%) for ASIX is well below the 3 year average (9.21%), which needs to be investigated, but indicates that ASIX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 6.41% | ||
| ROIC | 3.3% |
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's Profit Margin of 3.52% is fine compared to the rest of the industry. ASIX outperforms 67.47% of its industry peers.
ASIX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.41%, ASIX is doing worse than 65.06% of the companies in the same industry.
ASIX's Operating Margin has declined in the last couple of years.
ASIX has a Gross Margin of 9.98%. This is amonst the worse of the industry: ASIX underperforms 80.72% of its industry peers.
In the last couple of years the Gross Margin of ASIX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.41% | ||
| PM (TTM) | 3.52% | ||
| GM | 9.98% |
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
ASIX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ASIX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ASIX has been reduced compared to 5 years ago.
Compared to 1 year ago, ASIX has a worse debt to assets ratio.
2.2 Solvency
ASIX has an Altman-Z score of 1.97. 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.
The Altman-Z score of ASIX (1.97) is comparable to the rest of the industry.
ASIX has a debt to FCF ratio of 2314.81. This is a negative value and a sign of low solvency as ASIX would need 2314.81 years to pay back of all of its debts.
The Debt to FCF ratio of ASIX (2314.81) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.31 indicates that ASIX is not too dependend on debt financing.
The Debt to Equity ratio of ASIX (0.31) is better than 78.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2314.81 | ||
| Altman-Z | 1.97 |
ROIC/WACC0.26
WACC12.9%
2.3 Liquidity
ASIX has a Current Ratio of 1.36. This is a normal value and indicates that ASIX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.36, ASIX is doing worse than 80.72% of the companies in the same industry.
A Quick Ratio of 0.74 indicates that ASIX may have some problems paying its short term obligations.
The Quick ratio of ASIX (0.74) is worse than 83.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
ASIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.20%, which is quite impressive.
ASIX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.81% yearly.
The Revenue has decreased by -5.05% in the past year.
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)32.2%
EPS 3Y-25.91%
EPS 5Y6.81%
EPS Q2Q%-90.91%
Revenue 1Y (TTM)-5.05%
Revenue growth 3Y-3.42%
Revenue growth 5Y3.18%
Sales Q2Q%-5.96%
3.2 Future
ASIX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.55% yearly.
Based on estimates for the next years, ASIX will show a small growth in Revenue. The Revenue will grow by 2.01% on average per year.
EPS Next Y56.12%
EPS Next 2Y41.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.5%
Revenue Next 2Y2.01%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.90, the valuation of ASIX can be described as very cheap.
Based on the Price/Earnings ratio, ASIX is valued cheaper than 92.77% of the companies in the same industry.
ASIX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
With a Price/Forward Earnings ratio of 4.71, the valuation of ASIX can be described as very cheap.
Based on the Price/Forward Earnings ratio, ASIX is valued cheaper than 97.59% of the companies in the same industry.
ASIX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 4.71 |
4.2 Price Multiples
ASIX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ASIX is cheaper than 87.95% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASIX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4598.53 | ||
| EV/EBITDA | 5.61 |
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 41.55% in the coming years.
PEG (NY)0.14
PEG (5Y)1.16
EPS Next 2Y41.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.52%, ASIX has a reasonable but not impressive dividend return.
ASIX's Dividend Yield is rather good when compared to the industry average which is at 2.34. ASIX pays more dividend than 81.93% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, ASIX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
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
ASIX pays out 32.72% of its income as dividend. This is a sustainable payout ratio.
DP32.72%
EPS Next 2Y41.55%
EPS Next 3YN/A
18.49
+0.31 (+1.71%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.92%
Inst Owner Change0.4%
Ins Owners3.22%
Ins Owner Change0.19%
Market Cap496.64M
Revenue(TTM)1.49B
Net Income(TTM)52.43M
Analysts82.86
Price Target21.42 (15.85%)
Short Float %4.59%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
Yearly Dividend0.64
Dividend Growth(5Y)N/A
DP32.72%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-40.58%
Min EPS beat(2)-80.39%
Max EPS beat(2)-0.76%
EPS beat(4)2
Avg EPS beat(4)13.22%
Min EPS beat(4)-80.39%
Max EPS beat(4)123.53%
EPS beat(8)5
Avg EPS beat(8)17.71%
EPS beat(12)7
Avg EPS beat(12)-44.28%
EPS beat(16)9
Avg EPS beat(16)-31.2%
Revenue beat(2)1
Avg Revenue beat(2)-3.33%
Min Revenue beat(2)-7.25%
Max Revenue beat(2)0.58%
Revenue beat(4)2
Avg Revenue beat(4)-3.44%
Min Revenue beat(4)-13.74%
Max Revenue beat(4)6.66%
Revenue beat(8)5
Avg Revenue beat(8)0.5%
Revenue beat(12)6
Avg Revenue beat(12)-2.55%
Revenue beat(16)9
Avg Revenue beat(16)-1.71%
PT rev (1m)0%
PT rev (3m)-39.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-40.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 4.71 | ||
| P/S | 0.33 | ||
| P/FCF | 4598.53 | ||
| P/OCF | 4.03 | ||
| P/B | 0.61 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 5.61 |
EPS(TTM)2.34
EY12.66%
EPS(NY)3.93
Fwd EY21.24%
FCF(TTM)0
FCFY0.02%
OCF(TTM)4.59
OCFY24.83%
SpS55.52
BVpS30.46
TBVpS26.85
PEG (NY)0.14
PEG (5Y)1.16
Graham Number40.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 6.41% | ||
| ROCE | 3.76% | ||
| ROIC | 3.3% | ||
| ROICexc | 3.36% | ||
| ROICexgc | 3.63% | ||
| OM | 3.41% | ||
| PM (TTM) | 3.52% | ||
| GM | 9.98% | ||
| FCFM | 0.01% |
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-Score6
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2314.81 | ||
| Debt/EBITDA | 1.94 | ||
| Cap/Depr | 158.06% | ||
| Cap/Sales | 8.26% | ||
| Interest Coverage | 6.89 | ||
| Cash Conversion | 95.71% | ||
| Profit Quality | 0.21% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.97 |
F-Score6
WACC12.9%
ROIC/WACC0.26
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)32.2%
EPS 3Y-25.91%
EPS 5Y6.81%
EPS Q2Q%-90.91%
EPS Next Y56.12%
EPS Next 2Y41.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.05%
Revenue growth 3Y-3.42%
Revenue growth 5Y3.18%
Sales Q2Q%-5.96%
Revenue Next Year-0.5%
Revenue Next 2Y2.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-19.3%
EBIT growth 3Y-32.45%
EBIT growth 5Y-3.69%
EBIT Next Year199.51%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-99.64%
FCF growth 3Y-78.15%
FCF growth 5YN/A
OCF growth 1Y-2.91%
OCF growth 3Y-14.78%
OCF growth 5Y2.38%
ADVANSIX INC / ASIX FAQ
Can you provide the ChartMill fundamental rating for ADVANSIX INC?
ChartMill assigns a fundamental rating of 5 / 10 to ASIX.
What is the valuation status for ASIX stock?
ChartMill assigns a valuation rating of 8 / 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 valuation of ADVANSIX INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ADVANSIX INC (ASIX) is 7.9 and the Price/Book (PB) ratio is 0.61.
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 32.72%.