ASHLAND INC (ASH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASH - US0441861046 - Common Stock
58.17 USD
-0.11 (-0.19%)
ASH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 81 industry peers in the Chemicals industry. Both the profitability and the financial health of ASH get a neutral evaluation. Nothing too spectacular is happening here. ASH has a decent growth rate and is not valued too expensively.
1. Profitability
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.
ASH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ASH's Return On Assets of -18.30% is on the low side compared to the rest of the industry. ASH is outperformed by 85.19% of its industry peers.
Looking at the Return On Equity, with a value of -44.33%, ASH is doing worse than 79.01% of the companies in the same industry.
The Return On Invested Capital of ASH (3.75%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for ASH is below the industry average of 6.15%.
The last Return On Invested Capital (3.75%) for ASH is above the 3 year average (2.84%), which is a sign of increasing profitability.
| 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
The Operating Margin of ASH (10.90%) is better than 61.73% of its industry peers.
In the last couple of years the Operating Margin of ASH has declined.
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
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.
The number of shares outstanding for ASH has been reduced compared to 5 years ago.
ASH has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.73 indicates that ASH is somewhat dependend on debt financing.
ASH has a Debt to Equity ratio (0.73) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.45
WACC8.3%
2.3 Liquidity
ASH has a Current Ratio of 2.85. This indicates that ASH is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ASH (2.85) is better 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 Quick ratio of 1.51. This is in the better half of the industry: ASH outperforms 60.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.85 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The earnings per share for ASH have decreased strongly by -24.16% 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.
Looking at the last year, ASH shows a very strong growth in Revenue. The Revenue has grown by 76.98%.
ASH shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.98% yearly.
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
Based on estimates for the next years, ASH will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.83% on average per year.
ASH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.98% yearly.
EPS Next Y28.1%
EPS Next 2Y22.9%
EPS Next 3Y17.83%
EPS Next 5YN/A
Revenue Next Year2.06%
Revenue Next 2Y2.89%
Revenue Next 3Y2.98%
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 17.16, ASH is valued on the expensive side.
ASH's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of ASH to the average of the S&P500 Index (26.37), we can say ASH is valued slightly cheaper.
A Price/Forward Earnings ratio of 13.40 indicates a correct valuation of ASH.
ASH's Price/Forward Earnings ratio is in line with the industry average.
ASH is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.16 | ||
| Fwd PE | 13.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASH is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.79 |
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.
ASH's earnings are expected to grow with 17.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)4.4
EPS Next 2Y22.9%
EPS Next 3Y17.83%
5. Dividend
5.1 Amount
ASH has a Yearly Dividend Yield of 3.16%.
ASH's Dividend Yield is a higher than the industry average which is at 3.88.
Compared to an average S&P500 Dividend Yield of 2.32, ASH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
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
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-9%
EPS Next 2Y22.9%
EPS Next 3Y17.83%
NYSE:ASH (12/4/2025, 1:37:53 PM)
58.17
-0.11 (-0.19%)
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 Cap2.66B
Revenue(TTM)1.82B
Net Income(TTM)-844.00M
Analysts77.65
Price Target63.27 (8.77%)
Short Float %7.61%
Short Ratio4.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
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)-27.69%
EPS NQ rev (3m)-38.4%
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 | 17.16 | ||
| Fwd PE | 13.39 | ||
| P/S | 1.46 | ||
| P/FCF | N/A | ||
| P/OCF | 28.29 | ||
| P/B | 1.4 | ||
| P/tB | 4.18 | ||
| EV/EBITDA | 8.79 |
EPS(TTM)3.39
EY5.83%
EPS(NY)4.34
Fwd EY7.47%
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)2.06
OCFY3.53%
SpS39.92
BVpS41.64
TBVpS13.91
PEG (NY)0.61
PEG (5Y)4.4
Graham Number56.36
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
WACC8.3%
ROIC/WACC0.45
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 3Y17.83%
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 3Y2.98%
Revenue Next 5YN/A
EBIT growth 1Y106.76%
EBIT growth 3Y-33.08%
EBIT growth 5Y-10.59%
EBIT Next Year109.86%
EBIT Next 3Y32.63%
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 4 / 10 to ASH.
Can you provide the valuation status for ASHLAND INC?
ChartMill assigns a valuation rating of 4 / 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 17.16 and the Price/Book (PB) ratio is 1.4.
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.