ADVANSIX INC (ASIX) Stock Fundamental Analysis
USA - NYSE:ASIX - US00773T1016 - Common Stock
21.1 USD
-0.37 (-1.72%)
21.1 USD
0 (0%)
ASIX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 83 industry peers in the Chemicals industry. ASIX has only an average score on both its financial health and profitability. ASIX is valued quite cheap, while showing a decent growth score. This is a good 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.
In the past 5 years ASIX always reported a positive cash flow from operatings.
1.2 Ratios
ASIX's Return On Assets of 4.70% is fine compared to the rest of the industry. ASIX outperforms 79.52% of its industry peers.
The Return On Equity of ASIX (9.39%) is better than 75.90% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.70%, ASIX is in the better half of the industry, outperforming 63.86% 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 6.34%.
| 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
With a decent Profit Margin value of 5.10%, ASIX is doing good in the industry, outperforming 68.67% of the companies in the same industry.
In the last couple of years the Profit Margin of ASIX has declined.
ASIX has a Operating Margin of 5.67%. This is in the lower half of the industry: ASIX underperforms 62.65% of its industry peers.
ASIX's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 11.93%, ASIX is not doing good in the industry: 78.31% of the companies in the same industry are doing better.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ASIX is still 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.
ASIX has a worse debt/assets ratio than last year.
2.2 Solvency
ASIX has an Altman-Z score of 2.17. 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.
With a Altman-Z score value of 2.17, ASIX perfoms like the industry average, outperforming 57.83% 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 Debt to FCF ratio of 8.95. This is in the better half of the industry: ASIX outperforms 68.67% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that ASIX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.29, ASIX is in the better half of the industry, outperforming 78.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.95 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.63
WACC9.07%
2.3 Liquidity
ASIX has a Current Ratio of 1.35. This is a normal value and indicates that ASIX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ASIX (1.35) is worse than 81.93% of its industry peers.
A Quick Ratio of 0.66 indicates that ASIX may have some problems paying its short term obligations.
ASIX's Quick ratio of 0.66 is on the low side compared to the rest of the industry. ASIX is outperformed by 86.75% of its industry peers.
| 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 423.33%, which is quite impressive.
The Earnings Per Share has been growing slightly by 6.81% on average over the past years.
Looking at the last year, ASIX shows a small growth in Revenue. The Revenue has grown by 1.31% 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)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
The Earnings Per Share is expected to grow by 43.65% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.33% on average over the next years.
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
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.72, the valuation of ASIX can be described as very cheap.
Based on the Price/Earnings ratio, ASIX is valued cheaply inside the industry as 91.57% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ASIX to the average of the S&P500 Index (27.30), we can say ASIX is valued rather cheaply.
The Price/Forward Earnings ratio is 5.22, which indicates a rather cheap valuation of ASIX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASIX indicates a rather cheap valuation: ASIX is cheaper than 96.39% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ASIX to the average of the S&P500 Index (22.73), we can say ASIX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 5.22 |
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 93.98% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASIX indicates a somewhat cheap valuation: ASIX is cheaper than 67.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.13 | ||
| EV/EBITDA | 4.91 |
4.3 Compensation for Growth
The 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)0.08
PEG (5Y)0.99
EPS Next 2Y43.65%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ASIX has a Yearly Dividend Yield of 2.93%.
ASIX's Dividend Yield is a higher than the industry average which is at 3.43.
Compared to an average S&P500 Dividend Yield of 2.38, ASIX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.93% |
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 2Y43.65%
EPS Next 3YN/A
21.1
-0.37 (-1.72%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners91.91%
Inst Owner Change1.58%
Ins Owners3.22%
Ins Owner Change2.4%
Market Cap566.32M
Analysts82.86
Price Target35.19 (66.78%)
Short Float %2.05%
Short Ratio2.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.93% |
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 | 6.72 | ||
| Fwd PE | 5.22 | ||
| P/S | 0.37 | ||
| P/FCF | 21.13 | ||
| P/OCF | 3.68 | ||
| P/B | 0.69 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 4.91 |
EPS(TTM)3.14
EY14.88%
EPS(NY)4.04
Fwd EY19.17%
FCF(TTM)1
FCFY4.73%
OCF(TTM)5.74
OCFY27.19%
SpS56.45
BVpS30.69
TBVpS27.05
PEG (NY)0.08
PEG (5Y)0.99
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%
ROICexcg growth 3Y-35.6%
ROICexcg 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 | 2.17 |
F-Score7
WACC9.07%
ROIC/WACC0.63
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%