ASHLAND INC (ASH) Fundamental Analysis & Valuation
NYSE:ASH • US0441861046
Current stock price
57.4 USD
+0.59 (+1.04%)
At close:
57.4 USD
0 (0%)
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This ASH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ASH Profitability Analysis
1.1 Basic Checks
- ASH had positive earnings in the past year.
- ASH had a positive operating cash flow in the past year.
- Of the past 5 years ASH 4 years were profitable.
- Of the past 5 years ASH 4 years had a positive operating cash flow.
1.2 Ratios
- ASH has a worse Return On Assets (-15.29%) than 82.93% of its industry peers.
- The Return On Equity of ASH (-36.79%) is worse than 80.49% of its industry peers.
- ASH has a Return On Invested Capital (3.88%) which is comparable to the rest of the industry.
- ASH had an Average Return On Invested Capital over the past 3 years of 3.45%. This is below the industry average of 6.49%.
- The last Return On Invested Capital (3.88%) for ASH is above the 3 year average (3.45%), which is a sign of increasing profitability.
| 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 has a better Operating Margin (11.30%) than 62.20% of its industry peers.
- ASH's Operating Margin has improved in the last couple of years.
- ASH has a better Gross Margin (33.30%) than 69.51% 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. ASH Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASH is destroying value.
- ASH has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ASH has less shares outstanding
- ASH has a worse debt/assets ratio than last year.
2.2 Solvency
- ASH has an Altman-Z score of 2.06. This is not the best score and indicates that ASH is in the grey zone with still only limited risk for bankruptcy at the moment.
- ASH has a Altman-Z score of 2.06. This is comparable to the rest of the industry: ASH outperforms 52.44% of its industry peers.
- The Debt to FCF ratio of ASH is 9.01, which is on the high side as it means it would take ASH, 9.01 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 9.01, ASH is doing good in the industry, outperforming 67.07% of the companies in the same industry.
- ASH has a Debt/Equity ratio of 0.74. This is a neutral value indicating ASH is somewhat dependend on debt financing.
- ASH has a Debt to Equity ratio of 0.74. This is comparable to the rest of the industry: ASH outperforms 46.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 9.01 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.34
WACC11.53%
2.3 Liquidity
- A Current Ratio of 3.15 indicates that ASH has no problem at all paying its short term obligations.
- ASH has a Current ratio of 3.15. This is amongst the best in the industry. ASH outperforms 85.37% 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.
- With a decent Quick ratio value of 1.61, ASH is doing good in the industry, outperforming 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.61 |
3. ASH Growth Analysis
3.1 Past
- The earnings per share for ASH have decreased strongly by -21.63% in the last year.
- ASH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.90% yearly.
- The Revenue has grown by 87.40% in the past year. This is a very strong growth!
- The Revenue has been decreasing by -1.98% on average over the past years.
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 17.11% on average per year.
- The Revenue is expected to grow by 3.20% on average over the next years.
EPS Next Y15.68%
EPS Next 2Y18.99%
EPS Next 3Y17.11%
EPS Next 5YN/A
Revenue Next Year1.46%
Revenue Next 2Y2.86%
Revenue Next 3Y3.2%
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. ASH Valuation Analysis
4.1 Price/Earnings Ratio
- ASH is valuated rather expensively with a Price/Earnings ratio of 17.03.
- Compared to the rest of the industry, the Price/Earnings ratio of ASH indicates a somewhat cheap valuation: ASH is cheaper than 67.07% of the companies listed in the same industry.
- ASH is valuated rather cheaply when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
- ASH is valuated reasonably with a Price/Forward Earnings ratio of 11.96.
- Based on the Price/Forward Earnings ratio, ASH is valued cheaply inside the industry as 85.37% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.24, ASH is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.03 | ||
| Fwd PE | 11.96 |
4.2 Price Multiples
- 78.05% of the companies in the same industry are more expensive than ASH, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASH indicates a rather cheap valuation: ASH is cheaper than 80.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.06 | ||
| EV/EBITDA | 8.47 |
4.3 Compensation for Growth
- ASH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as ASH's earnings are expected to grow with 17.11% in the coming years.
PEG (NY)1.09
PEG (5Y)4.37
EPS Next 2Y18.99%
EPS Next 3Y17.11%
5. ASH Dividend Analysis
5.1 Amount
- ASH has a Yearly Dividend Yield of 2.92%.
- ASH's Dividend Yield is a higher than the industry average which is at 2.02.
- Compared to an average S&P500 Dividend Yield of 1.81, ASH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
5.2 History
- The dividend of ASH is nicely growing with an annual growth rate of 8.42%!
- ASH has paid a dividend for at least 10 years, which is a reliable track record.
- ASH has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.42%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
- ASH has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- ASH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-11%
EPS Next 2Y18.99%
EPS Next 3Y17.11%
ASH Fundamentals: All Metrics, Ratios and Statistics
57.4
+0.59 (+1.04%)
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 Owners103.54%
Inst Owner Change-0.09%
Ins Owners0.59%
Ins Owner Change3.05%
Market Cap2.63B
Revenue(TTM)1.80B
Net Income(TTM)-691.00M
Analysts78.82
Price Target68.37 (19.11%)
Short Float %10.8%
Short Ratio6.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
Yearly Dividend1.63
Dividend Growth(5Y)8.42%
DP-11%
Div Incr Years16
Div Non Decr Years16
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)0.6%
PT rev (3m)3.71%
EPS NQ rev (1m)-1.37%
EPS NQ rev (3m)-16.35%
EPS NY rev (1m)-0.39%
EPS NY rev (3m)-1.45%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-1.58%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.03 | ||
| Fwd PE | 11.96 | ||
| P/S | 1.46 | ||
| P/FCF | 17.06 | ||
| P/OCF | 10.81 | ||
| P/B | 1.4 | ||
| P/tB | 4.22 | ||
| EV/EBITDA | 8.47 |
EPS(TTM)3.37
EY5.87%
EPS(NY)4.8
Fwd EY8.36%
FCF(TTM)3.37
FCFY5.86%
OCF(TTM)5.31
OCFY9.25%
SpS39.44
BVpS41.04
TBVpS13.61
PEG (NY)1.09
PEG (5Y)4.37
Graham Number55.7842 (-2.81%)
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 | 2.06 |
F-Score5
WACC11.53%
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 Y15.68%
EPS Next 2Y18.99%
EPS Next 3Y17.11%
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 Year1.46%
Revenue Next 2Y2.86%
Revenue Next 3Y3.2%
Revenue Next 5YN/A
EBIT growth 1Y126.05%
EBIT growth 3Y-14.93%
EBIT growth 5Y3.26%
EBIT Next Year92.92%
EBIT Next 3Y31.77%
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 Fundamental Analysis 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 for ASH stock?
ChartMill assigns a valuation rating of 6 / 10 to ASHLAND INC (ASH). This can be considered as Fairly Valued.
What is the profitability of ASH stock?
ASHLAND INC (ASH) has a profitability rating of 4 / 10.
What is the earnings growth outlook for ASHLAND INC?
The Earnings per Share (EPS) of ASHLAND INC (ASH) is expected to grow by 15.68% in the next year.
How sustainable is the dividend of ASHLAND INC (ASH) stock?
The dividend rating of ASHLAND INC (ASH) is 7 / 10 and the dividend payout ratio is -11%.