ASHLAND INC (ASH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASH - US0441861046 - Common Stock
52.31 USD
+0.52 (+1%)
Overall ASH gets a fundamental rating of 5 out of 10. We evaluated ASH against 81 industry peers in the Chemicals industry. ASH has only an average score on both its financial health and profitability. ASH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ASH was profitable.
ASH had a positive operating cash flow in the past year.
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
With a Return On Assets value of -18.30%, ASH is not doing good in the industry: 85.19% of the companies in the same industry are doing better.
With a Return On Equity value of -44.33%, ASH is not doing good in the industry: 79.01% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.75%, ASH is in line with its industry, outperforming 54.32% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASH is below the industry average of 6.08%.
The 3 year average ROIC (2.84%) for ASH is below the current ROIC(3.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -18.3% | ||
| ROE | -44.33% | ||
| ROIC | 3.75% |
ROA(3y)-4.11%
ROA(5y)1.18%
ROE(3y)-10.91%
ROE(5y)0.81%
ROIC(3y)2.84%
ROIC(5y)3.25%
1.3 Margins
ASH's Operating Margin of 10.90% is fine compared to the rest of the industry. ASH outperforms 61.73% of its industry peers.
ASH's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 32.93%, ASH is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
ASH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.9% | ||
| PM (TTM) | N/A | ||
| GM | 32.93% |
OM growth 3Y-26.76%
OM growth 5Y-8.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.64%
GM growth 5Y0.26%
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.
The number of shares outstanding for ASH has been reduced compared to 1 year ago.
The number of shares outstanding for ASH has been reduced compared to 5 years ago.
The debt/assets ratio for ASH is higher compared to a year ago.
2.2 Solvency
ASH has a Debt/Equity ratio of 0.73. This is a neutral value indicating ASH is somewhat dependend on debt financing.
ASH's Debt to Equity ratio of 0.73 is in line compared to the rest of the industry. ASH outperforms 50.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.46
WACC8.11%
2.3 Liquidity
A Current Ratio of 2.85 indicates that ASH has no problem at all paying its short term obligations.
ASH has a better Current ratio (2.85) than 81.48% of its industry peers.
ASH has a Quick Ratio of 1.51. This is a normal value and indicates that ASH is financially healthy and should not expect problems in meeting its short term obligations.
ASH has a better Quick ratio (1.51) than 60.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.85 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
ASH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.16%.
ASH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.90% yearly.
ASH shows a strong growth in Revenue. In the last year, the Revenue has grown by 76.98%.
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)-24.16%
EPS 3Y-16.05%
EPS 5Y3.9%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)76.98%
Revenue growth 3Y-8.63%
Revenue growth 5Y-1.98%
Sales Q2Q%-8.43%
3.2 Future
ASH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.37% yearly.
ASH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.10% yearly.
EPS Next Y28.1%
EPS Next 2Y22.9%
EPS Next 3Y22.37%
EPS Next 5YN/A
Revenue Next Year2.06%
Revenue Next 2Y2.89%
Revenue Next 3Y3.1%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.43, ASH is valued correctly.
Based on the Price/Earnings ratio, ASH is valued a bit cheaper than the industry average as 64.20% of the companies are valued more expensively.
ASH is valuated rather cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.05, which indicates a correct valuation of ASH.
Based on the Price/Forward Earnings ratio, ASH is valued a bit cheaper than the industry average as 67.90% of the companies are valued more expensively.
ASH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.43 | ||
| Fwd PE | 12.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASH indicates a somewhat cheap valuation: ASH is cheaper than 70.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.11 |
4.3 Compensation for Growth
ASH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ASH's earnings are expected to grow with 22.37% in the coming years.
PEG (NY)0.55
PEG (5Y)3.96
EPS Next 2Y22.9%
EPS Next 3Y22.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.45%, ASH has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.16, ASH pays a bit more dividend than its industry peers.
ASH's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of ASH is nicely growing with an annual growth rate of 8.49%!
ASH has been paying a dividend for at least 10 years, so it has 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)8.49%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
ASH has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of ASH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-9%
EPS Next 2Y22.9%
EPS Next 3Y22.37%
NYSE:ASH (11/26/2025, 1:43:44 PM)
52.31
+0.52 (+1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.87%
Inst Owner Change-5.32%
Ins Owners0.53%
Ins Owner Change3%
Market Cap2.39B
Revenue(TTM)1.82B
Net Income(TTM)-844.00M
Analysts77.65
Price Target63.27 (20.95%)
Short Float %4.72%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend1.64
Dividend Growth(5Y)8.49%
DP-9%
Div Incr Years15
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-15.1%
Min EPS beat(2)-16.19%
Max EPS beat(2)-14%
EPS beat(4)1
Avg EPS beat(4)3.45%
Min EPS beat(4)-16.19%
Max EPS beat(4)55.09%
EPS beat(8)4
Avg EPS beat(8)19%
EPS beat(12)4
Avg EPS beat(12)8.65%
EPS beat(16)7
Avg EPS beat(16)7.96%
Revenue beat(2)0
Avg Revenue beat(2)-2.64%
Min Revenue beat(2)-3.77%
Max Revenue beat(2)-1.52%
Revenue beat(4)0
Avg Revenue beat(4)-4.36%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)-1.52%
Revenue beat(8)0
Avg Revenue beat(8)-3.5%
Revenue beat(12)0
Avg Revenue beat(12)-3.26%
Revenue beat(16)2
Avg Revenue beat(16)-2.36%
PT rev (1m)-2.36%
PT rev (3m)-2.51%
EPS NQ rev (1m)-27.31%
EPS NQ rev (3m)-38.07%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)-3.88%
Revenue NQ rev (1m)-2.04%
Revenue NQ rev (3m)-3.23%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.43 | ||
| Fwd PE | 12.05 | ||
| P/S | 1.31 | ||
| P/FCF | N/A | ||
| P/OCF | 25.44 | ||
| P/B | 1.26 | ||
| P/tB | 3.76 | ||
| EV/EBITDA | 8.11 |
EPS(TTM)3.39
EY6.48%
EPS(NY)4.34
Fwd EY8.3%
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)2.06
OCFY3.93%
SpS39.93
BVpS41.65
TBVpS13.91
PEG (NY)0.55
PEG (5Y)3.96
Graham Number56.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -18.3% | ||
| ROE | -44.33% | ||
| ROCE | 4.75% | ||
| ROIC | 3.75% | ||
| ROICexc | 3.96% | ||
| ROICexgc | 5.81% | ||
| OM | 10.9% | ||
| PM (TTM) | N/A | ||
| GM | 32.93% | ||
| FCFM | N/A |
ROA(3y)-4.11%
ROA(5y)1.18%
ROE(3y)-10.91%
ROE(5y)0.81%
ROIC(3y)2.84%
ROIC(5y)3.25%
ROICexc(3y)3.03%
ROICexc(5y)3.5%
ROICexgc(3y)5.23%
ROICexgc(5y)6.26%
ROCE(3y)3.59%
ROCE(5y)4.12%
ROICexgc growth 3Y-32.85%
ROICexgc growth 5Y-9.76%
ROICexc growth 3Y-27.68%
ROICexc growth 5Y-4.2%
OM growth 3Y-26.76%
OM growth 5Y-8.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.64%
GM growth 5Y0.26%
F-Score6
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.17 | ||
| Cap/Depr | 41.35% | ||
| Cap/Sales | 5.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 21.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.85 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | N/A |
F-Score6
WACC8.11%
ROIC/WACC0.46
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)-24.16%
EPS 3Y-16.05%
EPS 5Y3.9%
EPS Q2Q%-14.29%
EPS Next Y28.1%
EPS Next 2Y22.9%
EPS Next 3Y22.37%
EPS Next 5YN/A
Revenue 1Y (TTM)76.98%
Revenue growth 3Y-8.63%
Revenue growth 5Y-1.98%
Sales Q2Q%-8.43%
Revenue Next Year2.06%
Revenue Next 2Y2.89%
Revenue Next 3Y3.1%
Revenue Next 5YN/A
EBIT growth 1Y106.76%
EBIT growth 3Y-33.08%
EBIT growth 5Y-10.59%
EBIT Next Year109.86%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-101.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-77.13%
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.
Can you provide the valuation status for ASHLAND INC?
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.
What is the valuation of ASHLAND INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ASHLAND INC (ASH) is 15.43 and the Price/Book (PB) ratio is 1.26.
What is the earnings growth outlook for ASHLAND INC?
The Earnings per Share (EPS) of ASHLAND INC (ASH) is expected to grow by 28.1% in the next year.