ADVANSIX INC (ASIX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASIX - US00773T1016 - Common Stock
15.17 USD
+0.53 (+3.62%)
15.17 USD
0 (0%)
ASIX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 81 industry peers in the Chemicals industry. Both the profitability and the financial health of ASIX get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past year ASIX had a positive cash flow from operations.
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
ASIX has a Return On Assets of 3.11%. This is in the better half of the industry: ASIX outperforms 69.14% of its industry peers.
The Return On Equity of ASIX (6.41%) is better than 70.37% of its industry peers.
ASIX's Return On Invested Capital of 3.30% is in line compared to the rest of the industry. ASIX outperforms 48.15% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASIX is above the industry average of 6.08%.
The 3 year average ROIC (9.21%) for ASIX is well above the current ROIC(3.30%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 3.52%, ASIX is in the better half of the industry, outperforming 65.43% of the companies in the same industry.
ASIX's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 3.41%, ASIX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
ASIX's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 9.98%, ASIX is doing worse than 81.48% 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 | 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ASIX is still creating some 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.
ASIX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.90 indicates that ASIX is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASIX has a Altman-Z score (1.90) which is in line with its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 2314.81, ASIX is in line with its industry, outperforming 40.74% of the companies in the same industry.
ASIX has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
ASIX has a better Debt to Equity ratio (0.31) than 80.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2314.81 | ||
| Altman-Z | 1.9 |
ROIC/WACC0.38
WACC8.66%
2.3 Liquidity
A Current Ratio of 1.36 indicates that ASIX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.36, ASIX is doing worse than 81.48% 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.
Looking at the Quick ratio, with a value of 0.74, ASIX is doing worse than 82.72% of the companies in the same industry.
| 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.
Measured over the past 5 years, ASIX shows a small growth in Earnings Per Share. The EPS has been growing by 6.81% on average per year.
ASIX shows a decrease in Revenue. In the last year, the revenue decreased by -5.05%.
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)-5.05%
Revenue growth 3Y-3.42%
Revenue growth 5Y3.18%
Sales Q2Q%-5.96%
3.2 Future
The Earnings Per Share is expected to grow by 41.55% on average over the next years. This is a very strong growth
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.48, which indicates a rather cheap valuation of ASIX.
Based on the Price/Earnings ratio, ASIX is valued cheaper than 93.83% of the companies in the same industry.
When comparing the Price/Earnings ratio of ASIX to the average of the S&P500 Index (25.98), we can say ASIX is valued rather cheaply.
With a Price/Forward Earnings ratio of 3.86, the valuation of ASIX can be described as very cheap.
97.53% of the companies in the same industry are more expensive than ASIX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 35.79. ASIX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.48 | ||
| Fwd PE | 3.86 |
4.2 Price Multiples
95.06% of the companies in the same industry are more expensive than ASIX, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as ASIX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3770.03 | ||
| EV/EBITDA | 4.81 |
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)0.12
PEG (5Y)0.95
EPS Next 2Y41.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.45%, ASIX is a good candidate for dividend investing.
In the last 3 months the price of ASIX has falen by -29.31%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 4.16, ASIX pays a better dividend. On top of this ASIX pays more dividend than 82.72% of the companies listed in the same industry.
ASIX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
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
15.17
+0.53 (+3.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.86%
Inst Owner Change-0.49%
Ins Owners3.21%
Ins Owner Change2.02%
Market Cap407.16M
Revenue(TTM)1.49B
Net Income(TTM)52.43M
Analysts82.86
Price Target21.42 (41.2%)
Short Float %3.81%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
Yearly Dividend0.64
Dividend Growth(5Y)N/A
DP32.72%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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)-39.13%
PT rev (3m)-39.13%
EPS NQ rev (1m)-40.69%
EPS NQ rev (3m)-40.69%
EPS NY rev (1m)-15.25%
EPS NY rev (3m)-15.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.52%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.48 | ||
| Fwd PE | 3.86 | ||
| P/S | 0.27 | ||
| P/FCF | 3770.03 | ||
| P/OCF | 3.3 | ||
| P/B | 0.5 | ||
| P/tB | 0.56 | ||
| EV/EBITDA | 4.81 |
EPS(TTM)2.34
EY15.43%
EPS(NY)3.93
Fwd EY25.89%
FCF(TTM)0
FCFY0.03%
OCF(TTM)4.59
OCFY30.28%
SpS55.56
BVpS30.49
TBVpS26.87
PEG (NY)0.12
PEG (5Y)0.95
Graham Number40.06
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 | 1.9 |
F-Score6
WACC8.66%
ROIC/WACC0.38
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 Year232.08%
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
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 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 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 6 / 10 and the dividend payout ratio is 32.72%.