AdvanSix (ASIX) vs Braskem S.A. (BAK)

AdvanSix and Braskem S.A. are both Chemicals companies. AdvanSix is the larger, with a market value of $425.3M against $272.2M — 1.6× the size. AdvanSix grew revenue faster over the last twelve months: 2.96% against −32.6%. AdvanSix has the higher net margin (−1.14% vs −17.2%) and the higher return on invested capital (−0.75% vs −2,286.9%). Both pay a dividend; Braskem S.A. yields more (0.37% vs 0.33%). Across the 20 metrics below, AdvanSix leads on 13 and Braskem S.A. on 7.

Valuation

Metric ASIX BAK Chemicals median
P/E n/m n/m —
P/S 0.27 0.07 0.44
P/B 0.54 n/m 1.13
Price to free cash flow n/m n/m 7.30
EV/EBITDA 10.33 7.52 9.48
EV/Sales 0.47 0.07 0.86
Earnings yield (4.18%) (157.79%) (10.53%)
Free cash flow yield (6.03%) (98.70%) 4.86%

Profitability

Metric ASIX BAK Chemicals median
Gross margin 5.62% 2.19% 16.03%
Operating margin (0.82%) (3.57%) (0.82%)
Net margin (1.14%) (17.15%) (3.05%)
Free cash flow margin (1.65%) (6.74%) 1.50%
Return on equity (2.19%) 542.49% (5.24%)
Return on assets (1.07%) (19.43%) (2.51%)
Return on invested capital (0.75%) (2,286.92%) (0.75%)

Growth

Metric ASIX BAK Chemicals median
Revenue growth (TTM) 2.96% (32.61%) 2.53%
EPS growth (last fiscal year) 11.11% 15.75% —
Revenue growth, 5-year CAGR 5.62% 2.20% 2.20%
Net income growth, 5-year CAGR 1.36% 0.00% 0.00%

Health

Metric ASIX BAK Chemicals median
Debt to equity 0.35 (4.91) 0.71
Current ratio 1.28 0.77 1.99
Net debt to EBITDA 1.39 19.18 3.49

Dividend

Metric ASIX BAK Chemicals median
Dividend yield 0.33% 0.37% 2.33%
Payout ratio 0.15 0.00 0.00

Size

Metric ASIX BAK Chemicals median
Market cap 425.27m 272.24m 643.59m

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