ADVANSIX INC (ASIX) Stock Fundamental Analysis
NYSE:ASIX - New York Stock Exchange, Inc. - US00773T1016 - Common Stock - Currency: USD
Overall ASIX gets a fundamental rating of 4 out of 10. We evaluated ASIX against 84 industry peers in the Chemicals industry. ASIX has a medium profitability rating, but doesn't score so well on its financial health evaluation. ASIX has a decent growth rate and is not valued too expensively.
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.
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
With a Return On Assets value of 2.56%, ASIX perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
ASIX has a Return On Equity of 5.05%. This is comparable to the rest of the industry: ASIX outperforms 50.00% of its industry peers.
ASIX has a Return On Invested Capital (4.02%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASIX is significantly above the industry average of 6.57%.
The last Return On Invested Capital (4.02%) for ASIX is well below the 3 year average (11.82%), which needs to be investigated, but indicates that ASIX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 5.05% | ||
| ROIC | 4.02% |
ROA(3y)8.6%
ROA(5y)6.56%
ROE(3y)17.98%
ROE(5y)14.92%
ROIC(3y)11.82%
ROIC(5y)9.26%
1.3 Margins
ASIX's Profit Margin of 2.46% is in line compared to the rest of the industry. ASIX outperforms 45.12% of its industry peers.
ASIX's Profit Margin has declined in the last couple of years.
ASIX has a Operating Margin of 4.01%. This is in the lower half of the industry: ASIX underperforms 69.51% of its industry peers.
In the last couple of years the Operating Margin of ASIX has declined.
ASIX's Gross Margin of 10.20% is on the low side compared to the rest of the industry. ASIX is outperformed by 86.59% of its industry peers.
ASIX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.01% | ||
| PM (TTM) | 2.46% | ||
| GM | 10.2% |
OM growth 3Y-5.84%
OM growth 5Y-5.94%
PM growth 3Y-3.64%
PM growth 5Y-4.01%
GM growth 3Y-2.31%
GM growth 5Y-1.34%
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.
The number of shares outstanding for ASIX has been reduced compared to 1 year ago.
Compared to 5 years ago, ASIX has less shares outstanding
The debt/assets ratio for ASIX is higher compared to a year ago.
2.2 Solvency
ASIX has an Altman-Z score of 2.52. 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's Altman-Z score of 2.52 is fine compared to the rest of the industry. ASIX outperforms 70.73% of its industry peers.
ASIX has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ASIX (0.28) is better than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.52 |
ROIC/WACC0.47
WACC8.54%
2.3 Liquidity
A Current Ratio of 1.34 indicates that ASIX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.34, ASIX is doing worse than 79.27% of the companies in the same industry.
A Quick Ratio of 0.62 indicates that ASIX may have some problems paying its short term obligations.
ASIX has a Quick ratio of 0.62. This is amonst the worse of the industry: ASIX underperforms 89.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
ASIX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.87%.
The Earnings Per Share has been decreasing by -1.44% on average over the past years.
Looking at the last year, ASIX shows a small growth in Revenue. The Revenue has grown by 0.98% in the last year.
The Revenue has been growing slightly by 0.24% on average over the past years.
EPS 1Y (TTM)-45.87%
EPS 3Y6.66%
EPS 5Y-1.44%
EPS Q2Q%403.45%
Revenue 1Y (TTM)0.98%
Revenue growth 3Y9.82%
Revenue growth 5Y0.24%
Sales Q2Q%23.31%
3.2 Future
ASIX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 45.14% yearly.
Based on estimates for the next years, ASIX will show a small growth in Revenue. The Revenue will grow by 5.12% on average per year.
EPS Next Y-23.12%
EPS Next 2Y45.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.08%
Revenue Next 2Y6.36%
Revenue Next 3Y5.12%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.67, which indicates a rather expensive current valuation of ASIX.
64.63% of the companies in the same industry are more expensive than ASIX, based on the Price/Earnings ratio.
ASIX is valuated rather cheaply when we compare the Price/Earnings ratio to 28.46, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.46, the valuation of ASIX can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASIX indicates a rather cheap valuation: ASIX is cheaper than 95.12% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.56, ASIX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 7.46 |
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 80.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.42 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ASIX's earnings are expected to grow with 45.14% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y45.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ASIX has a Yearly Dividend Yield of 2.02%.
Compared to an average industry Dividend Yield of 3.22, ASIX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, ASIX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
5.2 History
ASIX has been paying a dividend for less than 5 years, so it still needs to build a 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 44.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP44.21%
EPS Next 2Y45.14%
EPS Next 3YN/A
ADVANSIX INC
NYSE:ASIX (1/31/2025, 8:11:45 PM)
After market: 31.28 0 (0%)31.28
+0.09 (+0.29%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners88.62%
Inst Owner Change-0.09%
Ins Owners3.27%
Ins Owner Change-0.79%
Market Cap836.11M
Analysts82.5
Price Target39.27 (25.54%)
Short Float %1.42%
Short Ratio2.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
Yearly Dividend0.62
Dividend Growth(5Y)N/A
DP44.21%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.44%
Min EPS beat(2)27.16%
Max EPS beat(2)31.72%
EPS beat(4)3
Avg EPS beat(4)22.2%
Min EPS beat(4)-1.67%
Max EPS beat(4)31.72%
EPS beat(8)5
Avg EPS beat(8)-73.04%
EPS beat(12)7
Avg EPS beat(12)-46.01%
EPS beat(16)11
Avg EPS beat(16)-23.5%
Revenue beat(2)2
Avg Revenue beat(2)5.17%
Min Revenue beat(2)4.17%
Max Revenue beat(2)6.18%
Revenue beat(4)3
Avg Revenue beat(4)4.43%
Min Revenue beat(4)-4.18%
Max Revenue beat(4)11.57%
Revenue beat(8)4
Avg Revenue beat(8)-2.11%
Revenue beat(12)7
Avg Revenue beat(12)-1.14%
Revenue beat(16)11
Avg Revenue beat(16)0.95%
PT rev (1m)0%
PT rev (3m)8.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-227.84%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.67 | ||
| Fwd PE | 7.46 | ||
| P/S | 0.53 | ||
| P/FCF | N/A | ||
| P/OCF | 6.36 | ||
| P/B | 1.09 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 7.42 |
EPS(TTM)1.77
EY5.66%
EPS(NY)4.19
Fwd EY13.4%
FCF(TTM)-0.24
FCFYN/A
OCF(TTM)4.92
OCFY15.72%
SpS58.76
BVpS28.67
TBVpS24.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 5.05% | ||
| ROCE | 5.19% | ||
| ROIC | 4.02% | ||
| ROICexc | 4.08% | ||
| ROICexgc | 4.45% | ||
| OM | 4.01% | ||
| PM (TTM) | 2.46% | ||
| GM | 10.2% | ||
| FCFM | N/A |
ROA(3y)8.6%
ROA(5y)6.56%
ROE(3y)17.98%
ROE(5y)14.92%
ROIC(3y)11.82%
ROIC(5y)9.26%
ROICexc(3y)12.1%
ROICexc(5y)9.44%
ROICexgc(3y)12.95%
ROICexgc(5y)9.99%
ROCE(3y)15.25%
ROCE(5y)11.95%
ROICexcg growth 3Y1.52%
ROICexcg growth 5Y-11.66%
ROICexc growth 3Y-1.2%
ROICexc growth 5Y-13.01%
OM growth 3Y-5.84%
OM growth 5Y-5.94%
PM growth 3Y-3.64%
PM growth 5Y-4.01%
GM growth 3Y-2.31%
GM growth 5Y-1.34%
F-Score4
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.55 | ||
| Cap/Depr | 181.47% | ||
| Cap/Sales | 8.77% | ||
| Interest Coverage | 6.44 | ||
| Cash Conversion | 94.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 2.52 |
F-Score4
WACC8.54%
ROIC/WACC0.47
Cap/Depr(3y)120.96%
Cap/Depr(5y)152.77%
Cap/Sales(3y)4.99%
Cap/Sales(5y)6.74%
Profit Quality(3y)80.55%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.87%
EPS 3Y6.66%
EPS 5Y-1.44%
EPS Q2Q%403.45%
EPS Next Y-23.12%
EPS Next 2Y45.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.98%
Revenue growth 3Y9.82%
Revenue growth 5Y0.24%
Sales Q2Q%23.31%
Revenue Next Year5.08%
Revenue Next 2Y6.36%
Revenue Next 3Y5.12%
Revenue Next 5YN/A
EBIT growth 1Y-48.4%
EBIT growth 3Y3.41%
EBIT growth 5Y-5.71%
EBIT Next Year86.69%
EBIT Next 3Y52.2%
EBIT Next 5YN/A
FCF growth 1Y-104.05%
FCF growth 3Y-29.39%
FCF growth 5Y-30.82%
OCF growth 1Y-44.63%
OCF growth 3Y1.69%
OCF growth 5Y-7.48%