ASHLAND INC (ASH) Fundamental Analysis & Valuation

NYSE:ASH • US0441861046

Current stock price

54.09 USD
-0.3 (-0.55%)
Last:

This ASH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. ASH Profitability Analysis

1.1 Basic Checks

  • ASH had positive earnings in the past year.
  • In the past year ASH had a positive cash flow from operations.
  • Of the past 5 years ASH 4 years were profitable.
  • ASH had a positive operating cash flow in 4 of the past 5 years.
ASH Yearly Net Income VS EBIT VS OCF VS FCFASH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

1.2 Ratios

  • The Return On Assets of ASH (-15.29%) is worse than 82.93% of its industry peers.
  • ASH's Return On Equity of -36.79% is on the low side compared to the rest of the industry. ASH is outperformed by 80.49% of its industry peers.
  • The Return On Invested Capital of ASH (3.88%) is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ASH is below the industry average of 6.46%.
  • 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 RankSector 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%
ASH Yearly ROA, ROE, ROICASH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • Looking at the Operating Margin, with a value of 11.30%, ASH is in the better half of the industry, outperforming 62.20% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ASH has grown nicely.
  • The Gross Margin of ASH (33.30%) is better than 68.29% of its industry peers.
  • In the last couple of years the Gross Margin of ASH has grown nicely.
Industry RankSector 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%
ASH Yearly Profit, Operating, Gross MarginsASH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

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.
  • 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.
ASH Yearly Shares OutstandingASH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
ASH Yearly Total Debt VS Total AssetsASH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 2.03 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 2.03, ASH perfoms like the industry average, outperforming 51.22% 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 68.29% of its industry peers.
  • A Debt/Equity ratio of 0.74 indicates that ASH is somewhat dependend on debt financing.
  • The Debt to Equity ratio of ASH (0.74) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 9.01
Altman-Z 2.03
ROIC/WACC0.34
WACC11.4%
ASH Yearly LT Debt VS Equity VS FCFASH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 3.15 indicates that ASH has no problem at all paying its short term obligations.
  • The Current ratio of ASH (3.15) is better than 84.15% of its industry peers.
  • A Quick Ratio of 1.61 indicates that ASH should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.61, ASH is doing good in the industry, outperforming 69.51% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.15
Quick Ratio 1.61
ASH Yearly Current Assets VS Current LiabilitesASH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. ASH Growth Analysis

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

  • ASH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.11% yearly.
  • The Revenue is expected to grow by 2.93% on average over the next years.
EPS Next Y16.13%
EPS Next 2Y18.99%
EPS Next 3Y17.11%
EPS Next 5YN/A
Revenue Next Year1.3%
Revenue Next 2Y2.49%
Revenue Next 3Y2.93%
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.
  • 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.
ASH Yearly Revenue VS EstimatesASH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
ASH Yearly EPS VS EstimatesASH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6

More info and screens

Find the best growth stocksShow best growing peers

7

4. ASH Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 16.05, the valuation of ASH can be described as correct.
  • 68.29% of the companies in the same industry are more expensive than ASH, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.17, ASH is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 11.27, the valuation of ASH can be described as very reasonable.
  • 85.37% of the companies in the same industry are more expensive than ASH, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of ASH to the average of the S&P500 Index (23.05), we can say ASH is valued rather cheaply.
Industry RankSector Rank
PE 16.05
Fwd PE 11.27
ASH Price Earnings VS Forward Price EarningsASH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ASH is valued cheaply inside the industry as 80.49% of the companies are valued more expensively.
  • 80.49% of the companies in the same industry are more expensive than ASH, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 16.07
EV/EBITDA 8.15
ASH Per share dataASH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

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 17.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)1
PEG (5Y)4.12
EPS Next 2Y18.99%
EPS Next 3Y17.11%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. ASH Dividend Analysis

5.1 Amount

  • ASH has a Yearly Dividend Yield of 3.12%. Purely for dividend investing, there may be better candidates out there.
  • ASH's Dividend Yield is rather good when compared to the industry average which is at 2.07. ASH pays more dividend than 81.71% of the companies in the same industry.
  • ASH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 3.12%

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
ASH Yearly Dividends per shareASH Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

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 2Y18.99%
EPS Next 3Y17.11%
ASH Yearly Income VS Free CF VS DividendASH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

More info and screens

Find the best dividend stocksShow peers with best dividend

ASH Fundamentals: All Metrics, Ratios and Statistics

ASHLAND INC

NYSE:ASH (4/6/2026, 3:36:40 PM)

54.09

-0.3 (-0.55%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-02
Earnings (Next)04-28
Inst Owners102.87%
Inst Owner Change0%
Ins Owners0.59%
Ins Owner Change3.05%
Market Cap2.48B
Revenue(TTM)1.80B
Net Income(TTM)-691.00M
Analysts78.82
Price Target68.88 (27.34%)
Short Float %11.06%
Short Ratio7.26
Dividend
Industry RankSector Rank
Dividend Yield 3.12%
Yearly Dividend1.63
Dividend Growth(5Y)8.42%
DP-11%
Div Incr Years16
Div Non Decr Years16
Ex-Date02-27
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)1.35%
PT rev (3m)6.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.01%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.9%
Valuation
Industry RankSector Rank
PE 16.05
Fwd PE 11.27
P/S 1.37
P/FCF 16.07
P/OCF 10.19
P/B 1.32
P/tB 3.97
EV/EBITDA 8.15
EPS(TTM)3.37
EY6.23%
EPS(NY)4.8
Fwd EY8.87%
FCF(TTM)3.37
FCFY6.22%
OCF(TTM)5.31
OCFY9.82%
SpS39.44
BVpS41.04
TBVpS13.61
PEG (NY)1
PEG (5Y)4.12
Graham Number55.78
Profitability
Industry RankSector 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 RankSector 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 2.03
F-Score5
WACC11.4%
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 Y16.13%
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 Year1.3%
Revenue Next 2Y2.49%
Revenue Next 3Y2.93%
Revenue Next 5YN/A
EBIT growth 1Y126.05%
EBIT growth 3Y-14.93%
EBIT growth 5Y3.26%
EBIT Next Year93.45%
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 7 / 10 to ASHLAND INC (ASH). This can be considered as Undervalued.


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 16.13% 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%.