ASHLAND INC (ASH) Stock Fundamental Analysis
NYSE:ASH • US0441861046
61.03 USD
-1.4 (-2.24%)
At close: Feb 12, 2026
61.03 USD
0 (0%)
After Hours: 2/12/2026, 8:04:00 PM
Taking everything into account, ASH scores 5 out of 10 in our fundamental rating. ASH was compared to 83 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.
- 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
- With a Return On Assets value of -15.29%, ASH is not doing good in the industry: 83.13% of the companies in the same industry are doing better.
- Looking at the Return On Equity, with a value of -36.79%, ASH is doing worse than 78.31% of the companies in the same industry.
- ASH has a Return On Invested Capital (3.88%) which is in line with its industry peers.
- The Average Return On Invested Capital over the past 3 years for ASH is below the industry average of 6.08%.
- 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
- The Operating Margin of ASH (11.30%) is better than 61.45% of its industry peers.
- ASH's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 33.30%, ASH is doing good in the industry, outperforming 65.06% of the companies in the same industry.
- ASH's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASH is destroying value.
- The number of shares outstanding for ASH has been reduced compared to 1 year ago.
- ASH has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for ASH is higher compared to a year ago.
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.
- Looking at the Altman-Z score, with a value of 2.09, ASH is in line with its industry, outperforming 56.63% of the companies in the same industry.
- 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.
- ASH's Debt to FCF ratio of 9.01 is fine compared to the rest of the industry. ASH outperforms 68.67% 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 9.01 | ||
| Altman-Z | 2.09 |
ROIC/WACC0.33
WACC11.62%
2.3 Liquidity
- ASH has a Current Ratio of 3.15. This indicates that ASH is financially healthy and has no problem in meeting its short term obligations.
- ASH has a Current ratio of 3.15. This is amongst the best in the industry. ASH outperforms 83.13% 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 65.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
- ASH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.63%.
- The Earnings Per Share has been growing slightly by 3.90% on average over the past years.
- ASH shows a strong growth in Revenue. In the last year, the Revenue has grown by 87.40%.
- ASH shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.98% yearly.
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
- ASH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.88% yearly.
- The Revenue is expected to grow by 3.00% on average over the next years.
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
- 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
- A Price/Earnings ratio of 18.11 indicates a rather expensive valuation of ASH.
- Based on the Price/Earnings ratio, ASH is valued a bit cheaper than 65.06% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.67, ASH is valued a bit cheaper.
- A Price/Forward Earnings ratio of 12.94 indicates a correct valuation of ASH.
- Based on the Price/Forward Earnings ratio, ASH is valued cheaper than 80.72% of the companies in the same industry.
- ASH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.11 | ||
| Fwd PE | 12.94 |
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 73.49% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASH indicates a somewhat cheap valuation: ASH is cheaper than 72.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.13 | ||
| EV/EBITDA | 8.85 |
4.3 Compensation for Growth
- The 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 17.88% in the coming years.
PEG (NY)1.13
PEG (5Y)4.65
EPS Next 2Y17.94%
EPS Next 3Y17.88%
5. Dividend
5.1 Amount
- ASH has a Yearly Dividend Yield of 2.66%. Purely for dividend investing, there may be better candidates out there.
- ASH's Dividend Yield is a higher than the industry average which is at 2.20.
- ASH's Dividend Yield is a higher than the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.42%
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-11%
EPS Next 2Y17.94%
EPS Next 3Y17.88%
61.03
-1.4 (-2.24%)
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 Change4.61%
Ins Owners0.58%
Ins Owner Change3.04%
Market Cap2.79B
Revenue(TTM)1.80B
Net Income(TTM)-691.00M
Analysts78.82
Price Target66.23 (8.52%)
Short Float %8.46%
Short Ratio4.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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)-1.32%
EPS NQ rev (3m)-5.41%
EPS NY rev (1m)-1.04%
EPS NY rev (3m)-9.4%
Revenue NQ rev (1m)0.51%
Revenue NQ rev (3m)1.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.11 | ||
| Fwd PE | 12.94 | ||
| P/S | 1.55 | ||
| P/FCF | 18.13 | ||
| P/OCF | 11.49 | ||
| P/B | 1.49 | ||
| P/tB | 4.48 | ||
| EV/EBITDA | 8.85 |
EPS(TTM)3.37
EY5.52%
EPS(NY)4.72
Fwd EY7.73%
FCF(TTM)3.37
FCFY5.51%
OCF(TTM)5.31
OCFY8.7%
SpS39.44
BVpS41.04
TBVpS13.61
PEG (NY)1.13
PEG (5Y)4.65
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
WACC11.62%
ROIC/WACC0.33
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 18.11 and the Price/Book (PB) ratio is 1.49.
Can you provide the financial health for ASH stock?
The financial health rating of ASHLAND INC (ASH) is 5 / 10.