AdvanSix's (NYSE:ASIX) Returns On Capital Not Reflecting Well On The Business [Yahoo! Finance]
AdvanSix Inc. (ASIX)
Last advansix inc. earnings: 5/1 06:31 am
Check Earnings Report
US:NYSE Investor Relations:
investors.advansix.com
Company Research
Source: Yahoo! Finance
AdvanSix NYSE:ASIX ), we don't think it's current trends fit the mold of a multi-bagger. What Is Return On Capital Employed (ROCE)? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for AdvanSix, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.014 = US$17m ÷ (US$1.5b - US$273m) (Based on the trailing twelve months to June 2024) Thus, AdvanSix has an ROCE of 1.4%. Ultimately, that's a low return and it under-performs the Chemicals industry average of 8.7%. In the above chart we have measured AdvanSix's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering AdvanSix for free. The Trend Of ROCE When we looked at the ROCE trend at AdvanSix, we didn't gain much confidence. To
Show less
Read more
Impact Snapshot
Event Time:
ASIX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASIX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASIX alerts
High impacting AdvanSix Inc. news events
Weekly update
A roundup of the hottest topics
ASIX
News
- Donald Newman Buys Handful Of Shares In AdvanSix [Yahoo! Finance]Yahoo! Finance
- AdvanSix Inc. (NYSE: ASIX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Ammonium Sulfate Market Report 2024-2029 and Case Studies of Reducing Ammonia Emissions Through Alternative Sulfur Fertilizers and Industrial Wastewater Treatment and Ammonium Sulfate Recovery [Yahoo! Finance]Yahoo! Finance
- AdvanSix Inc. (NYSE: ASIX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- AdvanSix Inc. (NYSE: ASIX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
ASIX
Earnings
- 11/1/24 - Beat
ASIX
Sec Filings
- 11/19/24 - Form 4
- 11/8/24 - Form 4
- 11/7/24 - Form 4
- ASIX's page on the SEC website