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AdvanSix (AdvanSix) Cyclically Adjusted FCF per Share : $2.26 (As of Dec. 2023)


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What is AdvanSix Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the fiscal year that ended in Dec. 2023 was $0.363. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AdvanSix's average Cyclically Adjusted FCF Growth Rate was -3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-27), AdvanSix's current stock price is $ 26.01. AdvanSix's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was $2.26. AdvanSix's Cyclically Adjusted Price-to-FCF of today is 11.51.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of AdvanSix was 18.74. The lowest was 11.14. And the median was 12.59.


AdvanSix Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AdvanSix's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

AdvanSix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.34 2.26

AdvanSix Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 2.34 - - - 2.26

Competitive Comparison of AdvanSix's Cyclically Adjusted FCF per Share

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 FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, AdvanSix's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.363/129.4194*129.4194
=0.363

Current CPI (Dec. 2023) = 129.4194.

AdvanSix Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.843 99.070 3.714
201512 0.143 99.792 0.185
201612 0.975 101.863 1.239
201712 1.549 104.011 1.927
201812 2.071 105.998 2.529
201912 -1.036 108.420 -1.237
202012 1.027 109.897 1.209
202112 5.579 117.630 6.138
202212 6.343 125.222 6.556
202312 0.363 129.419 0.363

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


AdvanSix  (NYSE:ASIX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.01/2.26
=11.51

* 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of AdvanSix was 18.74. The lowest was 11.14. And the median was 12.59.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


AdvanSix Cyclically Adjusted FCF per Share Related Terms

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


AdvanSix (AdvanSix) 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.
Executives
Achilles B. Kintiroglou officer: SVP, General Counsel 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Christopher Gramm officer: Controller 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Willem L. Blindenbach officer: VP, Integrated Supply Chain 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Kelly Slieter officer: SVP, Chief HR Officer 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NY 07054
Todd D. Karran director 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Erin N Kane director, officer: Chief Executive Officer 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Sharon Spurlin director 333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Patrick Williams director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Daniel F Sansone director VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael Preston officer: SVP & Chief Financial Officer 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Jonathan Bellamy officer: SVP & Chief HR Officer 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
John M Quitmeyer officer: SVP, Gen Counsel & Corp Secy 300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054