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General information

Country: UNITED STATES

Sector: Chemicals

AdvanSix Inc. manufactures and sells polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce engineered plastics, fibers, filaments, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone, which is used by customers in the production of adhesives, paints, coatings, solvents, herbicides, and other engineered plastic resins, as well as other intermediate chemicals, including phenol, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, cyclohexanol, acetaldehyde oxime, 2-pentanone oxime, sulfuric acid, ammonia, and carbon dioxide. It offers its products under the Aegis, Capra, Sulf-N, Nadone, Naxol, and EZ-Blox brands. The company sells its products directly, as well as through distributors. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.
Website: advansix.com



Growth: Bad revenue growth rate -5.4%, there is slowdown compared to average historical growth rates 17.6%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is positive, +9.3%. On average the margin is decreasing unsteadily. Gross margin is low, +4.9%. In the last quarter the company beat the estimated EPS, +22.0%. The company was ahead of estimated EPS in 60% of quarters (showing a gain of +$0.05 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 2.4%. Free cash flow yield -3.0% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 8.2% higher than minimum and 54.2% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 2.5x by EV / Sales multiple , the company can be >100% undervalued

Insiders: For the last 3 months insiders sold company shares on $0.5 mln (-0.067% of cap.)

Key Financials (Download financials)

Ticker: ASIX
Share price, USD:  (+0.4%)26.01
year average price 30.60  


year start price 37.68 2023-04-29

max close price 40.27 2023-08-01

min close price 24.04 2023-11-09

current price 26.01 2024-04-27
Common stocks: 26 911 754

Dividend Yield:  2.4%
FCF Yield LTM: -3.0%
EV / LTM EBITDA: 6.6x
EV / EBITDA annualized: 19.5x
Last revenue growth (y/y):  -5.4%
Last growth of EBITDA (y/y):  -81.3%
Historical revenue growth:  17.6%
Historical growth of EBITDA:  24.1%
EV / Sales: 0.6x
Margin (EBITDA LTM / Revenue): 9.3%
Fundamental value created in LTM:
Market Cap ($m): 700
Net Debt ($m): 236
EV (Enterprise Value): 936
Price to Book: 0.9x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-04-26Zacks Investment Research

Analysts Estimate AdvanSix (ASIX) to Report a Decline in Earnings: What to Look Out for

2024-04-24Zacks Investment Research

Wall Street Analysts See a 41.07% Upside in AdvanSix (ASIX): Can the Stock Really Move This High?

2024-04-24Zacks Investment Research

AdvanSix (ASIX) Shows Fast-paced Momentum But Is Still a Bargain Stock

2024-04-05Zacks Investment Research

AdvanSix (ASIX) Gets ISCC PLUS for Three Manufacturing Sites

2024-02-16Zacks Investment Research

Here's What Key Metrics Tell Us About AdvanSix (ASIX) Q4 Earnings

2024-02-16Zacks Investment Research

AdvanSix (ASIX) Reports Q4 Loss, Tops Revenue Estimates

2024-02-09Zacks Investment Research

Analysts Estimate AdvanSix (ASIX) to Report a Decline in Earnings: What to Look Out for

2023-11-03Zacks Investment Research

AdvanSix (ASIX) Reports Q3 Loss, Misses Revenue Estimates

2023-10-19Zacks Investment Research

New Strong Sell Stocks for October 19th

2023-10-06Business Wire

AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on November 3
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol ASIX ASIX ASIX ASIX ASIX ASIX
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-16 2023-11-03 2023-08-04 2023-05-05 2023-02-17 2022-11-04
acceptedDate 2024-02-16 16:25:16 2023-11-03 16:18:27 2023-08-04 16:19:32 2023-05-05 16:17:27 2023-02-17 16:10:22 2022-11-04 17:04:58
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 382M 323M 428M 401M 404M 479M
costOfRevenue 364M 315M 360M 330M 335M 444M
grossProfit 19M 8M 68M 71M 69M 35M
grossProfitRatio 0.049 0.025 0.159 0.176 0.171 0.073
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 25M 22M 24M 25M 23M 23M
otherExpenses 240 000 5M 1M 108 000 16 000 0
operatingExpenses 25M 22M 24M 25M 23M 23M
costAndExpenses 388M 336M 384M 355M 358M 467M
interestIncome 0 2M 0 0 0 0
interestExpense 2M 2M 2M 1M 763 000 686 000
depreciationAndAmortization 19M 18M 18M 18M 17M 18M
ebitda 12M 10M 63M 63M 64M 31M
ebitdaratio 0.032 0.032 0.148 0.158 0.158 0.065
operatingIncome -6M -10M 43M 45M 46M 13M
operatingIncomeRatio -0.016 -0.031 0.101 0.114 0.115 0.028
totalOtherIncomeExpensesNet -2M 5M 1M -1M -763 000 -686 000
incomeBeforeTax -8M -10M 43M 44M 46M 13M
incomeBeforeTaxRatio -0.022 -0.031 0.101 0.110 0.113 0.027
incomeTaxExpense -3M -2M 11M 9M 12M 3M
netIncome -5M -8M 33M 35M 34M 10M
netIncomeRatio -0.013 -0.025 0.076 0.087 0.083 0.021
eps -0.190 -0.290 1.190 1.270 1.220 0.360
epsdiluted -0.190 -0.290 1.160 1.220 1.180 0.350
weightedAverageShsOut 27M 27M 27M 28M 28M 28M
weightedAverageShsOutDil 27M 27M 28M 29M 29M 29M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol ASIX ASIX ASIX ASIX ASIX ASIX
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-16 2023-11-03 2023-08-04 2023-05-05 2023-02-17 2022-11-04
acceptedDate 2024-02-16 16:25:16 2023-11-03 16:18:27 2023-08-04 16:19:32 2023-05-05 16:17:27 2023-02-17 16:10:22 2022-11-04 17:04:58
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 30M 22M 11M 2M 31M 25M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 30M 22M 11M 2M 31M 25M
netReceivables 167M 146M 155M 162M 185M 201M
inventory 212M 229M 226M 225M 216M 158M
otherCurrentAssets 11M 16M 20M 6M 9M 14M
totalCurrentAssets 420M 414M 411M 395M 441M 398M
propertyPlantEquipmentNet 948M 933M 927M 926M 926M 928M
goodwill 56M 56M 56M 56M 56M 56M
intangibleAssets 46M 47M 48M 48M 49M 50M
goodwillAndIntangibleAssets 102M 103M 104M 105M 105M 106M
longTermInvestments 0 -161M -164M 0 0 0
taxAssets 47M 161M 164M 160M 0 0
otherNonCurrentAssets 25M 27M 25M -137M 23M 23M
totalNonCurrentAssets 1 123M 1 063M 1 056M 1 054M 1 054M 1 057M
otherAssets 0 0 0 0 0 0
totalAssets 1 543M 1 476M 1 467M 1 449M 1 495M 1 456M
accountPayables 258M 231M 220M 213M 273M 265M
shortTermDebt 33M 34M 34M 36M 37M 39M
taxPayables 8M 0 0 0 0 24 000
deferredRevenue 16M 2M 2M 26M 34M 3M
otherCurrentLiabilities 52M 41M 43M 41M 49M 44M
totalCurrentLiabilities 359M 308M 300M 315M 393M 351M
longTermDebt 170M 239M 216M 204M 193M 221M
deferredRevenueNonCurrent 65M 3M 2M 0 160M 152M
deferredTaxLiabilitiesNonCurrent 198M 161M 164M 160M 160M 152M
otherNonCurrentLiabilities 11M 10M 10M 11M -150M 84M
totalNonCurrentLiabilities 445M 414M 393M 376M 364M 391M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 65M 103M 110M 114M 115M 125M
totalLiabilities 804M 722M 693M 691M 757M 741M
preferredStock 0 0 0 0 0 0
commonStock 326 000 326 000 326 000 325 000 320 000 320 000
retainedEarnings 605M 615M 627M 598M 568M 538M
accumulatedOtherComprehensiveIncomeLoss -4M -4M -5M -4M -4M -6M
othertotalStockholdersEquity 138M 144M 152M 164M 175M 182M
totalStockholdersEquity 739M 754M 774M 758M 738M 714M
totalEquity 739M 754M 774M 758M 738M 714M
totalLiabilitiesAndStockholdersEquity 1 543M 1 476M 1 467M 1 449M 1 495M 1 456M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 1 543M 1 476M 1 467M 1 449M 1 495M 1 456M
totalInvestments 0 -161M -164M 0 0 0
totalDebt 268M 273M 250M 241M 230M 260M
netDebt 238M 250M 240M 239M 199M 236M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol ASIX ASIX ASIX ASIX ASIX ASIX
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-16 2023-11-03 2023-08-04 2023-05-05 2023-02-17 2022-11-04
acceptedDate 2024-02-16 16:25:16 2023-11-03 16:18:27 2023-08-04 16:19:32 2023-05-05 16:17:27 2023-02-17 16:10:22 2022-11-04 17:04:58
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome -5M -8M 33M 35M 34M 10M
depreciationAndAmortization 19M 18M 18M 18M 17M 18M
deferredIncomeTax -10M -3M 4M -170 000 8M 6M
stockBasedCompensation 2M 1M 2M 2M 3M 2M
changeInWorkingCapital 54M 16M -23M -53M 8M 22M
accountsReceivables -21M 20M 8M 14M 10M 59M
inventory 17M -4M -1M -9M -57M -3M
accountsPayables 27M -771 000 6M -53M 12M -19M
otherWorkingCapital 30M 87 000 -36M -5M 42M -16M
otherNonCashItems 496 000 -4M 554 000 323 000 372 000 658 000
netCashProvidedByOperatingActivities 60M 21M 35M 2M 70M 59M
investmentsInPropertyPlantAndEquipment -38M -25M -19M -25M -28M -22M
acquisitionsNet 0 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites -1M -370 000 -1M -1M -781 000 -366 000
netCashUsedForInvestingActivites -39M -26M -20M -26M -29M -23M
debtRepayment -239 999 -111M -140M -66M -101M -135M
commonStockIssued 8M 131 000 123 000 622 000 258 000 14 000
commonStockRepurchased -9M -9M -15M -13M -10M -13M
dividendsPaid -4M -4M -4M -4M -4M -4M
otherFinancingActivites -9M 141M 153M 78M 81M 124M
netCashUsedProvidedByFinancingActivities -13M 16M -6M -5M -34M -29M
effectOfForexChangesOnCash 0 0 26M 0 0 0
netChangeInCash 8M 12M 9M -29M 6M 7M
cashAtEndOfPeriod 30M 22M 11M 2M 31M 25M
cashAtBeginningOfPeriod 22M 11M 2M 31M 25M 17M
operatingCashFlow 60M 21M 35M 2M 70M 59M
capitalExpenditure -38M -25M -19M -25M -28M -22M
freeCashFlow 22M -4M 16M -23M 41M 37M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-02-16 ET (fiscal 2023 q4)
2023 q3
2023-11-03 ET (fiscal 2023 q3)
2023 q2
2023-08-04 ET (fiscal 2023 q2)
2023 q1
2023-05-05 ET (fiscal 2023 q1)
2022 q4
2023-02-17 ET (fiscal 2022 q4)
2022 q3
2022-11-04 ET (fiscal 2022 q3)
2022 q2
2022-08-05 ET (fiscal 2022 q2)
2022 q1
2022-05-06 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-02-16 11:30 ET
AdvanSix Announces Fourth Quarter and Full Year 2023 Financial Results
2024-01-19 11:50 ET
AdvanSix Provides Update on Plant Production Rates
2024-01-16 11:50 ET
AdvanSix to Release Fourth Quarter Financial Results and Hold Investor Conference Call on February 16
2023-11-03 10:30 ET
AdvanSix Announces Third Quarter 2023 Financial Results
2023-10-06 10:50 ET
AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on November 3
2023-09-06 11:00 ET
AdvanSix To Present At CL King & Associates Best Ideas Conference
2023-08-04 10:30 ET
AdvanSix Announces Second Quarter 2023 Financial Results
2023-07-06 10:45 ET
AdvanSix to Release Second Quarter Financial Results and Hold Investor Conference Call on August 4
2023-05-23 10:55 ET
AdvanSix to Present at Stifel Cross Sector Insight Conference
2023-05-08 21:26 ET
AdvanSix Hopewell South Employees Ratify New Comprehensive and Competitive Five-Year Agreement
2023-05-05 10:30 ET
AdvanSix Announces First Quarter 2023 Financial Results
2023-04-07 10:50 ET
AdvanSix Remains Committed to Reaching Comprehensive and Competitive New Five-Year Agreement with Hopewell South Bargaining Unit
2023-04-05 10:50 ET
AdvanSix to Release First Quarter Financial Results and Hold Investor Conference Call on May 5
2023-02-17 11:30 ET
AdvanSix Announces Fourth Quarter and Full Year 2022 Financial Results
2023-02-09 21:30 ET
AdvanSix Awarded 2023 Platinum Rating for Corporate Social Responsibility From EcoVadis
2023-01-17 11:50 ET
AdvanSix to Release Fourth Quarter Financial Results and Hold Investor Conference Call on February 17
2022-12-16 11:50 ET
National Association of Corporate Directors New Jersey Chapter Recognizes AdvanSix as Public Company Board of the Year
2022-11-04 10:30 ET
Advansix Announces Third Quarter 2022 Financial Results
2022-10-07 10:45 ET
AdvanSix Provides Update on Third Quarter Turnaround and Expected Financial Results
2022-08-05 10:30 ET
AdvanSix Announces Second Quarter 2022 Financial Results
2022-08-01 11:00 ET
AdvanSix Recognized as a “3+” Company, With Three or More Women Directors by 50/50 Women on Boards™
2022-07-06 11:00 ET
AdvanSix to Release Second Quarter Financial Results and Hold Investor Conference Call on August 5
2022-05-25 10:55 ET
AdvanSix to Present at Stifel Cross Sector Insight Conference
2022-05-06 10:30 ET
AdvanSix Announces First Quarter 2022 Financial Results
2022-04-06 10:50 ET
AdvanSix to Release First Quarter Financial Results and Hold Investor Conference Call on May 6
2022-02-18 11:30 ET
AdvanSix Announces Fourth Quarter and Full Year 2021 Financial Results
2022-01-18 12:00 ET
AdvanSix to Release Fourth Quarter Financial Results and Hold Investor Conference Call on February 18
2021-12-14 11:45 ET
AdvanSix Appoints Farha Aslam to Board of Directors
2021-10-29 10:30 ET
AdvanSix Announces Third Quarter 2021 Financial Results
2021-10-06 10:55 ET
AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on October 29
2021-09-28 10:30 ET
AdvanSix Hosts Investor Day To Share Roadmap For Long-Term Value Creation
2021-09-23 11:00 ET
AdvanSix Introduces Resins and Films With 100% Post-Industrial Recycled Materials
2021-09-10 10:45 ET
AdvanSix Appoints Gena C. Lovett to Board of Directors
2021-08-31 10:45 ET
AdvanSix Announces Upcoming Investor Events
2021-07-30 10:30 ET
AdvanSix Announces Second Quarter 2021 Financial Results
2021-07-01 10:50 ET
AdvanSix to Release Second Quarter Financial Results and Hold Investor Conference Call on July 30
2021-05-25 10:55 ET
AdvanSix to Present at Stifel Virtual Cross Sector Insight Conference
2021-05-10 10:45 ET
AdvanSix Awarded 2021 Platinum Rating for Corporate Social Responsibility From EcoVadis
2021-04-30 10:30 ET
AdvanSix Announces First Quarter 2021 Financial Results
2021-03-30 11:00 ET
AdvanSix to Release First Quarter Financial Results and Hold Investor Conference Call on April 30
2021-02-19 11:30 ET
AdvanSix Announces Fourth Quarter and Full Year 2020 Financial Results
2021-01-25 12:00 ET
AdvanSix Furthers Commitment to Sulfur Nutrition
2021-01-19 12:00 ET
AdvanSix to Release Fourth Quarter Financial Results and Hold Investor Conference Call on February 19
2020-12-02 12:00 ET
AdvanSix Expands Efforts Around Sustainability
2020-10-30 10:30 ET
AdvanSix Announces Third Quarter 2020 Financial Results
2020-09-30 11:00 ET
AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on October 30
2020-09-09 11:00 ET
AdvanSix to Present at CL King & Associates Best Ideas Conference
2020-07-31 10:30 ET
AdvanSix Announces Second Quarter 2020 Financial Results
2020-06-30 11:00 ET
AdvanSix to Release Second Quarter Financial Results and Hold Investor Conference Call on July 31
2020-06-22 11:00 ET
AdvanSix Appoints New Chief Human Resources Officer
2020-06-02 12:30 ET
AdvanSix to Present at Stifel Virtual Cross Sector Insight Conference
2020-05-01 10:31 ET
AdvanSix Announces First Quarter 2020 Financial Results
2020-03-31 10:30 ET
AdvanSix Provides Business Update in Response to Coronavirus (COVID-19) Impact
2020-02-25 22:15 ET
AdvanSix Appoints Patrick S. Williams to Board of Directors and Announces General Counsel Succession
2020-02-21 11:30 ET
AdvanSix Announces Fourth Quarter and Full Year 2019 Financial Results
2020-01-30 11:50 ET
AdvanSix Awarded 2020 Gold Rating for Corporate Social Responsibility From EcoVadis
2020-01-22 13:30 ET
AdvanSix to Release Fourth Quarter Financial Results and Hold Investor Conference Call on February 21
2019-11-18 21:15 ET
AdvanSix Names Willem Blindenbach Head of Integrated Supply Chain Organization

SEC forms

Show financial reports only

SEC form 10
2024-02-16 00:00 ET
AdvanSix published news for 2023 q4
SEC form 8
2024-02-16 00:00 ET
AdvanSix published news for 2023 q4
SEC form 8
2024-02-16 00:00 ET
AdvanSix reported for 2023 q4
SEC form 10
2023-11-03 16:18 ET
AdvanSix published news for 2023 q3
SEC form 8
2023-11-03 06:31 ET
AdvanSix reported for 2023 q3
SEC form 10
2023-11-03 00:00 ET
AdvanSix published news for 2023 q3
SEC form 10
2023-08-04 16:19 ET
AdvanSix published news for 2023 q2
SEC form 6
2023-08-04 06:31 ET
AdvanSix reported for 2023 q2
SEC form 8
2023-08-04 00:00 ET
AdvanSix published news for 2023 q2
SEC form 6
2023-06-20 17:18 ET
AdvanSix published news for 2023 q1
SEC form 8
2023-05-05 00:00 ET
AdvanSix reported for 2023 q1
SEC form 10
2023-05-05 00:00 ET
AdvanSix published news for 2023 q1
SEC form 10
2023-02-17 00:00 ET
AdvanSix reported for 2022 q4
SEC form 8
2023-02-17 00:00 ET
AdvanSix reported for 2022 q4
SEC form 10
2022-11-04 00:00 ET
AdvanSix reported for 2022 q3
SEC form 8
2022-11-04 00:00 ET
AdvanSix reported for 2022 q3
SEC form 8
2022-10-07 00:00 ET
AdvanSix published news for 2022 q3
SEC form 8
2022-08-05 00:00 ET
AdvanSix reported for 2022 q2
SEC form 10
2022-08-05 00:00 ET
AdvanSix reported for 2022 q2
SEC form 8
2022-05-06 00:00 ET
AdvanSix reported for 2022 q1
SEC form 10
2022-05-06 00:00 ET
AdvanSix reported for 2022 q1
SEC form 8
2022-02-18 00:00 ET
AdvanSix published news for 2021 q4
SEC form 10
2022-02-18 00:00 ET
AdvanSix published news for 2021 q4
SEC form 10
2021-10-29 00:00 ET
AdvanSix published news for 2021 q3
SEC form 10
2021-07-30 00:00 ET
AdvanSix published news for 2021 q2
SEC form 8
2021-07-30 00:00 ET
AdvanSix published news for 2021 q2
SEC form 10
2021-04-30 00:00 ET
AdvanSix published news for 2021 q1
SEC form 8
2021-04-30 00:00 ET
AdvanSix published news for 2021 q1