ADVANSIX INC (ASIX) Stock Fundamental Analysis
USA - NYSE:ASIX - US00773T1016 - Common Stock
14.38 USD
+0.01 (+0.07%)
14.38 USD
0 (0%)
Overall ASIX gets a fundamental rating of 5 out of 10. We evaluated ASIX against 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
In the past year ASIX was profitable.
ASIX had a positive operating cash flow in the past year.
ASIX had positive earnings in each of the past 5 years.
ASIX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.70%, ASIX is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
With a decent Return On Equity value of 9.39%, ASIX is doing good in the industry, outperforming 78.05% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.70%, ASIX is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASIX is above the industry average of 6.13%.
| 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 Profit Margin of 5.10%. This is in the better half of the industry: ASIX outperforms 69.51% of its industry peers.
In the last couple of years the Profit Margin of ASIX has declined.
ASIX has a Operating Margin (5.67%) which is comparable to the rest of the industry.
ASIX's Operating Margin has declined in the last couple of years.
ASIX has a Gross Margin of 11.93%. This is amonst the worse of the industry: ASIX underperforms 80.49% of its industry peers.
ASIX's Gross Margin has declined in the last couple of years.
| 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
ASIX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ASIX has about the same amount of shares outstanding.
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
An Altman-Z score of 2.03 indicates that ASIX is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.03, ASIX perfoms like the industry average, outperforming 59.76% of the companies in the same 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.
ASIX has a better Debt to FCF ratio (8.95) than 69.51% of its industry peers.
ASIX has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
ASIX has a better Debt to Equity ratio (0.29) than 79.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.95 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.66
WACC8.67%
2.3 Liquidity
A Current Ratio of 1.35 indicates that ASIX should not have too much problems paying its short term obligations.
With a Current ratio value of 1.35, ASIX is not doing good in the industry: 82.93% of the companies in the same industry are doing better.
ASIX has a Quick Ratio of 1.35. This is a bad value and indicates that ASIX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.66, ASIX is not doing good in the industry: 87.80% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.66 |
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.
Looking at the last year, ASIX shows a decrease in Revenue. The Revenue has decreased by -1.05% in the last year.
ASIX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.18% yearly.
EPS 1Y (TTM)32.2%
EPS 3Y-25.91%
EPS 5Y6.81%
EPS Q2Q%-90.91%
Revenue 1Y (TTM)-1.05%
Revenue growth 3Y-3.42%
Revenue growth 5Y3.18%
Sales Q2Q%-5.96%
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 41.55% on average per year.
ASIX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.01% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 6.15 indicates a rather cheap valuation of ASIX.
Based on the Price/Earnings ratio, ASIX is valued cheaper than 93.90% 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 25.07.
The Price/Forward Earnings ratio is 3.66, which indicates a rather cheap valuation of ASIX.
Based on the Price/Forward Earnings ratio, ASIX is valued cheaper than 97.56% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASIX to the average of the S&P500 Index (34.08), we can say ASIX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.15 | ||
| Fwd PE | 3.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASIX indicates a rather cheap valuation: ASIX is cheaper than 95.12% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ASIX is valued a bit cheaper than 74.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.4 | ||
| EV/EBITDA | 3.74 |
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)0.11
PEG (5Y)0.9
EPS Next 2Y41.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ASIX has a Yearly Dividend Yield of 3.95%.
The stock price of ASIX dropped by -31.20% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 4.00, ASIX pays a better dividend. On top of this ASIX pays more dividend than 80.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ASIX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
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 22.15% of its income as dividend. This is a sustainable payout ratio.
DP22.15%
EPS Next 2Y41.55%
EPS Next 3YN/A
14.38
+0.01 (+0.07%)
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 Change2.27%
Market Cap385.96M
Revenue(TTM)1.52B
Net Income(TTM)77.33M
Analysts82.86
Price Target28.56 (98.61%)
Short Float %3.81%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
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)-18.84%
PT rev (3m)-18.84%
EPS NQ rev (1m)-48.05%
EPS NQ rev (3m)-48.05%
EPS NY rev (1m)-15.25%
EPS NY rev (3m)-15.25%
Revenue NQ rev (1m)-9.84%
Revenue NQ rev (3m)-9.84%
Revenue NY rev (1m)-2.52%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.15 | ||
| Fwd PE | 3.66 | ||
| P/S | 0.25 | ||
| P/FCF | 14.4 | ||
| P/OCF | 2.51 | ||
| P/B | 0.47 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 3.74 |
EPS(TTM)2.34
EY16.27%
EPS(NY)3.93
Fwd EY27.31%
FCF(TTM)1
FCFY6.94%
OCF(TTM)5.74
OCFY39.89%
SpS56.45
BVpS30.69
TBVpS27.05
PEG (NY)0.11
PEG (5Y)0.9
Graham Number40.2
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 | 2.03 |
F-Score7
WACC8.67%
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)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)-1.05%
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 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 56.12% 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%.