ADVANSIX INC (ASIX) Stock Fundamental Analysis
USA - NYSE:ASIX - US00773T1016 - Common Stock
15.38 USD
-2.77 (-15.26%)
15.75 USD
+0.37 (+2.41%)
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. ASIX has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on ASIX.
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.
Each year in the past 5 years ASIX had a positive operating cash flow.
1.2 Ratios
ASIX has a better Return On Assets (4.70%) than 79.27% of its industry peers.
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.
The Return On Invested Capital of ASIX (5.70%) is better than 62.20% 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 6.23%.
| 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's Profit Margin of 5.10% is fine compared to the rest of the industry. ASIX outperforms 68.29% of its industry peers.
ASIX's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 5.67%, ASIX is not doing good in the industry: 62.20% of the companies in the same industry are doing better.
ASIX's Operating Margin has declined in the last couple of years.
The Gross Margin of ASIX (11.93%) is worse than 78.05% 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
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.
ASIX has less shares outstanding than it did 5 years ago.
ASIX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.11 indicates that ASIX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ASIX (2.11) is comparable to the rest of the 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.
A Debt/Equity ratio of 0.29 indicates that ASIX is not too dependend on debt financing.
The Debt to Equity ratio of ASIX (0.29) is better than 79.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.95 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.66
WACC8.58%
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.
With a Current ratio value of 1.35, ASIX is not doing good in the industry: 81.71% 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.
The Quick ratio of ASIX (0.66) is worse than 87.80% 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.
ASIX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.81% yearly.
ASIX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.31%.
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)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
Based on estimates for the next years, ASIX will show a very strong growth in Earnings Per Share. The EPS will grow by 43.65% on average per year.
ASIX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.33% yearly.
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
The Price/Earnings ratio is 4.90, which 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.
The average S&P500 Price/Earnings ratio is at 25.83. ASIX is valued rather cheaply when compared to this.
ASIX is valuated cheaply with a Price/Forward Earnings ratio of 3.80.
ASIX's Price/Forward Earnings ratio is rather cheap when compared to the industry. ASIX is cheaper than 95.12% of the companies in the same industry.
ASIX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.9 | ||
| Fwd PE | 3.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASIX is valued cheaper than 95.12% of the companies 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 69.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.4 | ||
| EV/EBITDA | 4.36 |
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.
ASIX's earnings are expected to grow with 43.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.06
PEG (5Y)0.72
EPS Next 2Y43.65%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ASIX has a Yearly Dividend Yield of 3.44%. Purely for dividend investing, there may be better candidates out there.
ASIX's Dividend Yield is a higher than the industry average which is at 4.11.
ASIX's Dividend Yield is a higher than the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
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
15.38
-2.77 (-15.26%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.86%
Inst Owner Change-0.12%
Ins Owners3.21%
Ins Owner Change2.02%
Market Cap412.80M
Revenue(TTM)1.52B
Net Income(TTM)77.33M
Analysts82.86
Price Target28.56 (85.7%)
Short Float %2.64%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
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)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-9.84%
Revenue NQ rev (3m)-9.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.9 | ||
| Fwd PE | 3.8 | ||
| P/S | 0.27 | ||
| P/FCF | 15.4 | ||
| P/OCF | 2.68 | ||
| P/B | 0.5 | ||
| P/tB | 0.57 | ||
| EV/EBITDA | 4.36 |
EPS(TTM)3.14
EY20.42%
EPS(NY)4.04
Fwd EY26.3%
FCF(TTM)1
FCFY6.49%
OCF(TTM)5.74
OCFY37.3%
SpS56.45
BVpS30.69
TBVpS27.05
PEG (NY)0.06
PEG (5Y)0.72
Graham Number46.56
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 | 2.11 |
F-Score7
WACC8.58%
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)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%
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 84.22% 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%.