Advanced Emissions Solutions, Inc., together with its subsidiaries, provides emission reduction technologies and specialty chemicals in the United States.
Undervalued with excellent balance sheet.
Share Price & News
How has Advanced Emissions Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADES's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ADES underperformed the US Chemicals industry which returned -3.4% over the past year.
Return vs Market: ADES underperformed the US Market which returned 9.3% over the past year.
Price Volatility Vs. Market
How volatile is Advanced Emissions Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StA Sliding Share Price Has Us Looking At Advanced Emissions Solutions, Inc.'s (NASDAQ:ADES) P/E Ratio
1 week ago | Simply Wall StHere's Why We Think Advanced Emissions Solutions's (NASDAQ:ADES) Statutory Earnings Might Be Conservative
4 weeks ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Advanced Emissions Solutions, Inc.'s (NASDAQ:ADES) P/E Ratio
Is Advanced Emissions Solutions undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADES ($5.02) is trading below our estimate of fair value ($451.67)
Significantly Below Fair Value: ADES is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADES is good value based on its PE Ratio (4.7x) compared to the Chemicals industry average (20.9x).
PE vs Market: ADES is good value based on its PE Ratio (4.7x) compared to the US market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADES's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADES is good value based on its PB Ratio (0.9x) compared to the US Chemicals industry average (1.9x).
How is Advanced Emissions Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Advanced Emissions Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Advanced Emissions Solutions is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Materials industry.
How has Advanced Emissions Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADES has high quality earnings.
Growing Profit Margin: ADES's current net profit margins (30.5%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ADES has become profitable over the past 5 years, growing earnings by 23.8% per year.
Accelerating Growth: ADES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ADES had negative earnings growth (-54.2%) over the past year, making it difficult to compare to the Chemicals industry average (-11.3%).
Return on Equity
High ROE: ADES's Return on Equity (18.9%) is considered low.
How is Advanced Emissions Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: ADES's short term assets ($42.1M) exceed its short term liabilities ($39.0M).
Long Term Liabilities: ADES's short term assets ($42.1M) exceed its long term liabilities ($19.4M).
Debt to Equity History and Analysis
Debt Level: ADES's debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: ADES had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ADES's debt is well covered by operating cash flow (185.9%).
Interest Coverage: Insufficient data to determine if ADES's interest payments on its debt are well covered by EBIT.
What is Advanced Emissions Solutions's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADES's dividend (19.92%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: ADES's dividend (19.92%) is in the top 25% of dividend payers in the US market (4.55%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ADES has been paying a dividend for less than 10 years.
Growing Dividend: ADES has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94%), ADES's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
L. Sampson (48yo)
Mr. L. Heath Sampson has been the Chief Executive Officer and President of Advanced Emissions Solutions, Inc. since April 1, 2015. Mr. Sampson served as Treasurer of Advanced Emissions Solutions, Inc. from ...
CEO Compensation Analysis
Compensation vs Market: L.'s total compensation ($USD1.16M) is above average for companies of similar size in the US market ($USD593.36K).
Compensation vs Earnings: L.'s compensation has been consistent with company performance over the past year.
|CEO, President & Director||5.17yrs||US$1.16m||1.81% $1.6m|
|CFO, & Treasurer||2.25yrs||US$590.38k||0.33% $301.1k|
|Chief Product Officer||no data||US$554.09k||0.12% $111.3k|
|Chief Accounting Officer||0.083yr||no data||no data|
|General Counsel & Secretary||3.33yrs||US$494.20k||0.23% $204.9k|
|Vice President of Human Resources||1.17yrs||no data||no data|
Experienced Management: ADES's management team is considered experienced (2.3 years average tenure).
|CEO, President & Director||5.17yrs||US$1.16m||1.81% $1.6m|
|Independent Director||6.08yrs||US$175.34k||0.14% $128.0k|
|Independent Director||1.17yrs||US$127.61k||0.025% $22.5k|
|Independent Director||1.33yrs||US$162.73k||0.025% $22.5k|
|Independent Director||4yrs||US$173.06k||0.11% $97.6k|
|Independent Chairman of the Board||4.17yrs||US$210.56k||0.14% $127.8k|
|Independent Director||4yrs||US$160.17k||no data|
Experienced Board: ADES's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Advanced Emissions Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Advanced Emissions Solutions, Inc.
- Ticker: ADES
- Exchange: NasdaqGM
- Founded: 1996
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$90.397m
- Shares outstanding: 18.01m
- Website: https://www.advancedemissionssolutions.com
Number of Employees
- Advanced Emissions Solutions, Inc.
- 640 Plaza Drive
- Suite 270
- Highlands Ranch
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ADES||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Oct 2003|
|OXQ1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 2003|
Advanced Emissions Solutions, Inc., together with its subsidiaries, provides emission reduction technologies and specialty chemicals in the United States. It operates through two segments, Refined Coal; and Power Generation and Industrials. The company offers CyClean technology, a pre-combustion coal treatment process to enhance combustion, as well as to reduce emissions of nitrogen oxide and mercury from coals burned in cyclone boilers; and M-45 and M-45-PC technologies, which are pre-combustion coal treatment technologies used to control emissions from circulating fluidized bed boilers and pulverized coal boilers. It also provides powdered activated carbon, granular activated carbon, coal additives, and scrubber additives, as well as owns an associated lignite mine that supplies the raw material for the powdered activated carbon plant. The company serves customers in the coal-fired power generation and industrial boiler processes, as well as drinking water and wastewater treatment markets. Advanced Emissions Solutions, Inc. was founded in 1996 and is headquartered in Highlands Ranch, Colorado.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 12:13|
|End of Day Share Price||2020/06/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.