ASHLAND INC (ASH) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:ASH • US0441861046
62.43 USD
-0.03 (-0.05%)
At close: Feb 11, 2026
62.43 USD
0 (0%)
After Hours: 2/11/2026, 8:06:57 PM
ASH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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
- ASH had positive earnings in the past year.
- 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
- ASH's Return On Assets of -15.29% is on the low side compared to the rest of the industry. ASH is outperformed by 83.13% of its industry peers.
- ASH has a worse Return On Equity (-36.79%) 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 6.08%.
- The 3 year average ROIC (3.45%) for ASH is below the current ROIC(3.88%), indicating increased profibility in the last year.
| 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 61.45% of its industry peers.
- ASH's Operating Margin has improved in the last couple of years.
- ASH has a Gross Margin of 33.30%. This is in the better half of the industry: ASH outperforms 65.06% of its industry peers.
- 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.
- Compared to 1 year ago, ASH has less shares outstanding
- 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
- ASH has an Altman-Z score of 2.11. 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 (2.11) which is comparable to the rest of the industry.
- ASH has a debt to FCF ratio of 9.01. This is a negative value and a sign of low solvency as ASH would need 9.01 years to pay back of 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's Debt to Equity ratio of 0.74 is in line compared to the rest of the industry. ASH outperforms 46.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 9.01 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.33
WACC11.67%
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's Current ratio of 3.15 is amongst the best of the industry. ASH outperforms 83.13% 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's Quick ratio of 1.61 is fine compared to the rest of the industry. ASH outperforms 65.06% of its industry peers.
| 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%.
- ASH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.90% yearly.
- ASH shows a strong growth in Revenue. In the last year, the Revenue has grown by 87.40%.
- 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
- 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
- Based on the Price/Earnings ratio of 18.53, the valuation of ASH can be described as rather expensive.
- ASH's Price/Earnings ratio is a bit cheaper when compared to the industry. ASH is cheaper than 62.65% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.23. ASH is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 13.24, ASH is valued correctly.
- Based on the Price/Forward Earnings ratio, ASH is valued a bit cheaper than 77.11% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ASH to the average of the S&P500 Index (28.01), we can say ASH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.53 | ||
| Fwd PE | 13.24 |
4.2 Price Multiples
- ASH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASH is cheaper than 71.08% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ASH is valued a bit cheaper than the industry average as 72.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.55 | ||
| EV/EBITDA | 9 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- ASH's earnings are expected to grow with 17.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.15
PEG (5Y)4.75
EPS Next 2Y17.94%
EPS Next 3Y17.88%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.66%, ASH has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.20, ASH pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.79, ASH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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 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
- 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%
62.43
-0.03 (-0.05%)
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 Cap2.86B
Revenue(TTM)1.80B
Net Income(TTM)-691.00M
Analysts78.82
Price Target66.23 (6.09%)
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 | 18.53 | ||
| Fwd PE | 13.24 | ||
| P/S | 1.58 | ||
| P/FCF | 18.55 | ||
| P/OCF | 11.76 | ||
| P/B | 1.52 | ||
| P/tB | 4.59 | ||
| EV/EBITDA | 9 |
EPS(TTM)3.37
EY5.4%
EPS(NY)4.72
Fwd EY7.55%
FCF(TTM)3.37
FCFY5.39%
OCF(TTM)5.31
OCFY8.51%
SpS39.44
BVpS41.04
TBVpS13.61
PEG (NY)1.15
PEG (5Y)4.75
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 | 2.11 |
F-Score5
WACC11.67%
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 18.53 and the Price/Book (PB) ratio is 1.52.
Can you provide the financial health for ASH stock?
The financial health rating of ASHLAND INC (ASH) is 5 / 10.