AdvanSix Inc. (ASIX) intrinsic value & 10-year financials

AdvanSix Inc. (ASIX) has a Graham intrinsic value of $30.00 per share. At $16.37 on Oct 17, 2026, the stock trades 45% below that value. Over the last 10 fiscal years revenue grew 2.8% a year to $1.5B, with an average return on invested capital of 11.6%.

Graham intrinsic value
$30.00
Share price (Oct 17, 2026)
$16.37
Price vs Graham value
45% below
Market cap
$447.4M
Revenue (FY2025)
$1.5B
Revenue growth (10-yr CAGR)
2.8%
ROIC (10-yr avg)
11.6%
Free cash flow (FY2025)
$6.4M

ASIX 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $1.5B $49.3M $1.80 $6.4M — 5.5%
FY2024 $1.5B $44.1M $1.62 $1.7M — 5.4%
FY2023 $1.5B $54.6M $1.95 $10.2M — 6.5%
FY2022 $1.9B $171.9M $5.92 $184.2M — 20.0%
FY2021 $1.7B $139.8M $4.81 $162.0M — 17.3%
FY2020 $1.2B $46.1M $1.64 $28.9M — 5.8%
FY2019 $1.3B $41.3M $1.43 -$29.9M — 6.9%
FY2018 $1.5B $66.2M $2.14 $64.2M — 13.3%
FY2017 $1.5B $146.7M $4.72 $48.2M — 27.9%
FY2016 $1.2B $34.1M $1.12 $29.7M — 7.3%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

AdvanSix Inc. has demonstrated mature, steady growth, with revenue compounding at 2.8% annually over the past decade.

AdvanSix Inc. returns on capital have been average, hovering around 11.6% ROIC over the decade.

Over the decade, AdvanSix Inc. shows that management has aggressively returned capital to shareholders by retiring 10.4% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, AdvanSix Inc. is modeled at 5.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $30.00 per share.

ASIX stock: frequently asked questions

What is the intrinsic value of AdvanSix Inc. (ASIX) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 5.4% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ASIX's intrinsic value is about $30.00 per share.

Is ASIX stock undervalued?

At $16.37 (close on Oct 17, 2026), ASIX trades 45% below its Graham value of $30.00. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has AdvanSix Inc. grown?

Revenue went from $1.2B in fiscal 2016 to $1.5B in fiscal 2025, a compound annual growth rate of 2.8%. Net income was $49.3M in fiscal 2025.

Does AdvanSix Inc. generate free cash flow?

AdvanSix Inc. generated $6.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 9 of the last 10 reported years.

What is ASIX's return on invested capital?

Average ROIC over the last 10 fiscal years was 11.6%, and average return on equity was 17.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ASIX data come from?

From AdvanSix Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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