ASHLAND INC (ASH) Stock Fundamental Analysis
NYSE:ASH • US0441861046
63.22 USD
-0.17 (-0.27%)
At close: Feb 19, 2026
63.22 USD
0 (0%)
After Hours: 2/19/2026, 8:04:00 PM
Overall ASH gets a fundamental rating of 5 out of 10. We evaluated ASH against 83 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
- 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
- Looking at the Return On Assets, with a value of -15.29%, ASH is doing worse than 83.13% of the companies in the same industry.
- The Return On Equity of ASH (-36.79%) is worse than 78.31% of its industry peers.
- The Return On Invested Capital of ASH (3.88%) 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 6.07%.
- 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
- Looking at the Operating Margin, with a value of 11.30%, ASH is in the better half of the industry, outperforming 60.24% of the companies in the same industry.
- ASH's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 33.30%, ASH is in the better half of the industry, outperforming 66.27% of the companies in the same industry.
- 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. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASH is destroying value.
- ASH has less shares outstanding than it did 1 year ago.
- ASH has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ASH has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.12 indicates that ASH is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ASH has a Altman-Z score of 2.12. This is comparable to the rest of the industry: ASH outperforms 54.22% 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.
- ASH's Debt to FCF ratio of 9.01 is fine compared to the rest of the industry. ASH outperforms 67.47% of its industry peers.
- 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 (0.74) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 9.01 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.33
WACC11.66%
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.
- The Current ratio of ASH (3.15) is better than 84.34% of its industry peers.
- A Quick Ratio of 1.61 indicates that ASH should not have too much problems paying its short term obligations.
- ASH has a better Quick ratio (1.61) than 65.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.61 |
3. Growth
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%.
- 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.
- ASH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.00% yearly.
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.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 18.76, ASH is valued on the expensive side.
- Based on the Price/Earnings ratio, ASH is valued a bit cheaper than the industry average as 63.86% of the companies are valued more expensively.
- ASH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.09.
- ASH is valuated correctly with a Price/Forward Earnings ratio of 13.41.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ASH indicates a somewhat cheap valuation: ASH is cheaper than 78.31% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.98. ASH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 13.41 |
4.2 Price Multiples
- ASH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASH is cheaper than 72.29% of the companies 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 73.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.79 | ||
| EV/EBITDA | 9.1 |
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 17.88% in the coming years.
PEG (NY)1.17
PEG (5Y)4.81
EPS Next 2Y17.94%
EPS Next 3Y17.88%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.72%, ASH has a reasonable but not impressive dividend return.
- ASH's Dividend Yield is a higher than the industry average which is at 2.16.
- Compared to an average S&P500 Dividend Yield of 1.85, ASH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.42%
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-11%
EPS Next 2Y17.94%
EPS Next 3Y17.88%
63.22
-0.17 (-0.27%)
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 Change9.37%
Ins Owners0.58%
Ins Owner Change3.04%
Market Cap2.89B
Revenue(TTM)1.80B
Net Income(TTM)-691.00M
Analysts78.82
Price Target66.23 (4.76%)
Short Float %8.62%
Short Ratio5.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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)-14.17%
EPS NQ rev (3m)-17.57%
EPS NY rev (1m)-1.04%
EPS NY rev (3m)-9.4%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 13.41 | ||
| P/S | 1.6 | ||
| P/FCF | 18.79 | ||
| P/OCF | 11.91 | ||
| P/B | 1.54 | ||
| P/tB | 4.64 | ||
| EV/EBITDA | 9.1 |
EPS(TTM)3.37
EY5.33%
EPS(NY)4.72
Fwd EY7.46%
FCF(TTM)3.37
FCFY5.32%
OCF(TTM)5.31
OCFY8.4%
SpS39.44
BVpS41.04
TBVpS13.61
PEG (NY)1.17
PEG (5Y)4.81
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 | 2.12 |
F-Score5
WACC11.66%
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 18.76 and the Price/Book (PB) ratio is 1.54.
Can you provide the financial health for ASH stock?
The financial health rating of ASHLAND INC (ASH) is 5 / 10.