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AdvanSix (STU:960) Cyclically Adjusted Price-to-FCF : 10.44 (As of Jun. 02, 2024)


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What is AdvanSix Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), AdvanSix's current share price is €21.40. AdvanSix's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €2.05. AdvanSix's Cyclically Adjusted Price-to-FCF for today is 10.44.

The historical rank and industry rank for AdvanSix's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:960' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.48   Med: 12.82   Max: 18.74
Current: 10.48

During the past 11 years, AdvanSix's highest Cyclically Adjusted Price-to-FCF was 18.74. The lowest was 10.48. And the median was 12.82.

STU:960's Cyclically Adjusted Price-to-FCF is ranked better than
79.9% of 577 companies
in the Chemicals industry
Industry Median: 24.5 vs STU:960: 10.48

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

AdvanSix's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.333. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AdvanSix Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AdvanSix's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AdvanSix Cyclically Adjusted Price-to-FCF Chart

AdvanSix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16.23 13.24

AdvanSix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 13.24 -

Competitive Comparison of AdvanSix's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, AdvanSix's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AdvanSix's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AdvanSix's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AdvanSix's Cyclically Adjusted Price-to-FCF falls into.



AdvanSix Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

AdvanSix's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.40/2.05
=10.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AdvanSix's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AdvanSix's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.333/129.4194*129.4194
=0.333

Current CPI (Dec23) = 129.4194.

AdvanSix Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.305 99.070 3.011
201512 0.132 99.792 0.171
201612 0.924 101.863 1.174
201712 1.309 104.011 1.629
201812 1.821 105.998 2.223
201912 -0.932 108.420 -1.113
202012 0.845 109.897 0.995
202112 4.937 117.630 5.432
202212 5.988 125.222 6.189
202312 0.333 129.419 0.333

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


AdvanSix  (STU:960) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


AdvanSix Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of AdvanSix's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AdvanSix (STU:960) Business Description

Industry
Traded in Other Exchanges
Address
300 Kimball Drive, Suite 101, Parsippany, NJ, USA, 07054
AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.

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