ASHLAND INC (ASH) Stock Fundamental Analysis
NYSE:ASH • US0441861046
60.23 USD
-0.7 (-1.15%)
At close: Feb 17, 2026
60.23 USD
0 (0%)
After Hours: 2/17/2026, 8:04:00 PM
ASH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 83 industry peers in the Chemicals industry. ASH has an average financial health and profitability rating. ASH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ASH was profitable.
- In the past year ASH had a positive cash flow from operations.
- ASH had positive earnings in 4 of the past 5 years.
- ASH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ASH has a worse Return On Assets (-15.29%) than 83.13% of its industry peers.
- With a Return On Equity value of -36.79%, ASH is not doing good in the industry: 78.31% of the companies in the same industry are doing better.
- ASH has a Return On Invested Capital of 3.88%. This is comparable to the rest of the industry: ASH outperforms 55.42% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ASH is below the industry average of 6.07%.
- The 3 year average ROIC (3.45%) for ASH is below the current ROIC(3.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.29% | ||
| ROE | -36.79% | ||
| ROIC | 3.88% |
ROA(3y)-4.11%
ROA(5y)1.18%
ROE(3y)-10.91%
ROE(5y)0.81%
ROIC(3y)3.45%
ROIC(5y)3.62%
1.3 Margins
- ASH's Operating Margin of 11.30% is fine compared to the rest of the industry. ASH outperforms 60.24% of its industry peers.
- ASH's Operating Margin has improved in the last couple of years.
- ASH has a Gross Margin of 33.30%. This is in the better half of the industry: ASH outperforms 66.27% of its industry peers.
- In the last couple of years the Gross Margin of ASH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.3% | ||
| PM (TTM) | N/A | ||
| GM | 33.3% |
OM growth 3Y-6.9%
OM growth 5Y5.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.33%
GM growth 5Y1.71%
2. Health
2.1 Basic Checks
- ASH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- ASH has less shares outstanding than it did 1 year ago.
- ASH has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ASH has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.09 indicates that ASH is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.09, ASH perfoms like the industry average, outperforming 54.22% of the companies in the same industry.
- ASH has a debt to FCF ratio of 9.01. This is a negative value and a sign of low solvency as ASH would need 9.01 years to pay back of all of its debts.
- ASH has a Debt to FCF ratio of 9.01. This is in the better half of the industry: ASH outperforms 67.47% of its industry peers.
- A Debt/Equity ratio of 0.74 indicates that ASH is somewhat dependend on debt financing.
- ASH has a Debt to Equity ratio (0.74) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 9.01 | ||
| Altman-Z | 2.09 |
ROIC/WACC0.34
WACC11.49%
2.3 Liquidity
- A Current Ratio of 3.15 indicates that ASH has no problem at all paying its short term obligations.
- ASH's Current ratio of 3.15 is amongst the best of the industry. ASH outperforms 84.34% of its industry peers.
- ASH has a Quick Ratio of 1.61. This is a normal value and indicates that ASH is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of ASH (1.61) is better than 65.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
- The earnings per share for ASH have decreased strongly by -21.63% in the last year.
- Measured over the past 5 years, ASH shows a small growth in Earnings Per Share. The EPS has been growing by 3.90% on average per year.
- ASH shows a strong growth in Revenue. In the last year, the Revenue has grown by 87.40%.
- Measured over the past years, ASH shows a decrease in Revenue. The Revenue has been decreasing by -1.98% on average per year.
EPS 1Y (TTM)-21.63%
EPS 3Y-16.05%
EPS 5Y3.9%
EPS Q2Q%-7.14%
Revenue 1Y (TTM)87.4%
Revenue growth 3Y-8.63%
Revenue growth 5Y-1.98%
Sales Q2Q%-4.69%
3.2 Future
- Based on estimates for the next years, ASH will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.88% on average per year.
- Based on estimates for the next years, ASH will show a small growth in Revenue. The Revenue will grow by 3.00% on average per year.
EPS Next Y16.06%
EPS Next 2Y17.94%
EPS Next 3Y17.88%
EPS Next 5YN/A
Revenue Next Year2.22%
Revenue Next 2Y2.89%
Revenue Next 3Y3%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- ASH is valuated rather expensively with a Price/Earnings ratio of 17.87.
- 66.27% of the companies in the same industry are more expensive than ASH, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.16. ASH is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 12.77, the valuation of ASH can be described as correct.
- 80.72% of the companies in the same industry are more expensive than ASH, based on the Price/Forward Earnings ratio.
- ASH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 12.77 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ASH is valued a bit cheaper than 74.70% of the companies in the same industry.
- 73.49% of the companies in the same industry are more expensive than ASH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.9 | ||
| EV/EBITDA | 8.84 |
4.3 Compensation for Growth
- ASH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- ASH's earnings are expected to grow with 17.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.11
PEG (5Y)4.58
EPS Next 2Y17.94%
EPS Next 3Y17.88%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.72%, ASH has a reasonable but not impressive dividend return.
- ASH's Dividend Yield is a higher than the industry average which is at 2.15.
- Compared to an average S&P500 Dividend Yield of 1.82, ASH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
- On average, the dividend of ASH grows each year by 8.42%, which is quite nice.
- ASH has paid a dividend for at least 10 years, which is a reliable track record.
- ASH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.42%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
- The earnings of ASH are negative and hence is the payout ratio. ASH will probably not be able to sustain this dividend level.
- The dividend of ASH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-11%
EPS Next 2Y17.94%
EPS Next 3Y17.88%
60.23
-0.7 (-1.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-02 2026-02-02/amc
Earnings (Next)04-28 2026-04-28/amc
Inst Owners96.47%
Inst Owner Change9.37%
Ins Owners0.58%
Ins Owner Change3.04%
Market Cap2.76B
Revenue(TTM)1.80B
Net Income(TTM)-691.00M
Analysts78.82
Price Target66.23 (9.96%)
Short Float %8.62%
Short Ratio5.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Yearly Dividend1.63
Dividend Growth(5Y)8.42%
DP-11%
Div Incr Years15
Div Non Decr Years15
Ex-Date02-27 2026-02-27 (0.415)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.71%
Min EPS beat(2)-14%
Max EPS beat(2)-1.41%
EPS beat(4)0
Avg EPS beat(4)-10.68%
Min EPS beat(4)-16.19%
Max EPS beat(4)-1.41%
EPS beat(8)3
Avg EPS beat(8)2.68%
EPS beat(12)4
Avg EPS beat(12)8.78%
EPS beat(16)7
Avg EPS beat(16)7.88%
Revenue beat(2)0
Avg Revenue beat(2)-3.22%
Min Revenue beat(2)-4.93%
Max Revenue beat(2)-1.52%
Revenue beat(4)0
Avg Revenue beat(4)-3.97%
Min Revenue beat(4)-5.65%
Max Revenue beat(4)-1.52%
Revenue beat(8)0
Avg Revenue beat(8)-3.87%
Revenue beat(12)0
Avg Revenue beat(12)-3.47%
Revenue beat(16)2
Avg Revenue beat(16)-2.56%
PT rev (1m)2.85%
PT rev (3m)4.17%
EPS NQ rev (1m)-14.17%
EPS NQ rev (3m)-17.57%
EPS NY rev (1m)-1.04%
EPS NY rev (3m)-9.4%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 12.77 | ||
| P/S | 1.53 | ||
| P/FCF | 17.9 | ||
| P/OCF | 11.34 | ||
| P/B | 1.47 | ||
| P/tB | 4.42 | ||
| EV/EBITDA | 8.84 |
EPS(TTM)3.37
EY5.6%
EPS(NY)4.72
Fwd EY7.83%
FCF(TTM)3.37
FCFY5.59%
OCF(TTM)5.31
OCFY8.82%
SpS39.44
BVpS41.04
TBVpS13.61
PEG (NY)1.11
PEG (5Y)4.58
Graham Number55.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.29% | ||
| ROE | -36.79% | ||
| ROCE | 4.91% | ||
| ROIC | 3.88% | ||
| ROICexc | 4.19% | ||
| ROICexgc | 6.21% | ||
| OM | 11.3% | ||
| PM (TTM) | N/A | ||
| GM | 33.3% | ||
| FCFM | 8.53% |
ROA(3y)-4.11%
ROA(5y)1.18%
ROE(3y)-10.91%
ROE(5y)0.81%
ROIC(3y)3.45%
ROIC(5y)3.62%
ROICexc(3y)3.67%
ROICexc(5y)3.89%
ROICexgc(3y)6.18%
ROICexgc(5y)6.83%
ROCE(3y)4.36%
ROCE(5y)4.58%
ROICexgc growth 3Y-14.59%
ROICexgc growth 5Y4.26%
ROICexc growth 3Y-8.07%
ROICexc growth 5Y10.64%
OM growth 3Y-6.9%
OM growth 5Y5.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.33%
GM growth 5Y1.71%
F-Score5
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 9.01 | ||
| Debt/EBITDA | 3.17 | ||
| Cap/Depr | 38.03% | ||
| Cap/Sales | 4.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 55.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z | 2.09 |
F-Score5
WACC11.49%
ROIC/WACC0.34
Cap/Depr(3y)53.76%
Cap/Depr(5y)50.24%
Cap/Sales(3y)6.54%
Cap/Sales(5y)5.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.63%
EPS 3Y-16.05%
EPS 5Y3.9%
EPS Q2Q%-7.14%
EPS Next Y16.06%
EPS Next 2Y17.94%
EPS Next 3Y17.88%
EPS Next 5YN/A
Revenue 1Y (TTM)87.4%
Revenue growth 3Y-8.63%
Revenue growth 5Y-1.98%
Sales Q2Q%-4.69%
Revenue Next Year2.22%
Revenue Next 2Y2.89%
Revenue Next 3Y3%
Revenue Next 5YN/A
EBIT growth 1Y126.05%
EBIT growth 3Y-14.93%
EBIT growth 5Y3.26%
EBIT Next Year97.43%
EBIT Next 3Y32.59%
EBIT Next 5YN/A
FCF growth 1Y-50.32%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-50.71%
OCF growth 3YN/A
OCF growth 5Y-14.27%
ASHLAND INC / ASH FAQ
Can you provide the ChartMill fundamental rating for ASHLAND INC?
ChartMill assigns a fundamental rating of 5 / 10 to ASH.
What is the valuation status of ASHLAND INC (ASH) stock?
ChartMill assigns a valuation rating of 5 / 10 to ASHLAND INC (ASH). This can be considered as Fairly Valued.
Can you provide the profitability details for ASHLAND INC?
ASHLAND INC (ASH) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for ASH stock?
The Price/Earnings (PE) ratio for ASHLAND INC (ASH) is 17.87 and the Price/Book (PB) ratio is 1.47.
Can you provide the financial health for ASH stock?
The financial health rating of ASHLAND INC (ASH) is 5 / 10.