Ashland Statistics
Total Valuation
Ashland has a market cap or net worth of $4.17 billion. The enterprise value is $5.19 billion.
Important Dates
The next confirmed earnings date is Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | Aug 30, 2024 |
Share Statistics
Ashland has 48.83 million shares outstanding. The number of shares has decreased by -3.72% in one year.
| Shares Outstanding | 48.83M |
| Shares Change (YoY) | -3.72% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.63% |
| Owned by Institutions (%) | 87.97% |
| Float | 45.34M |
Valuation Ratios
The trailing PE ratio is 29.21 and the forward PE ratio is 16.54. Ashland's PEG ratio is 1.29.
| PE Ratio | 29.21 |
| Forward PE | 16.54 |
| PS Ratio | 2.04 |
| Forward PS | 1.86 |
| PB Ratio | 1.40 |
| P/FCF Ratio | 13.85 |
| PEG Ratio | 1.29 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 15.22, with an EV/FCF ratio of 17.35.
| EV / Earnings | 34.82 |
| EV / Sales | 2.46 |
| EV / EBITDA | 15.22 |
| EV / EBIT | 45.52 |
| EV / FCF | 17.35 |
Financial Position
The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.49.
| Current Ratio | 2.98 |
| Quick Ratio | 1.31 |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 3.79 |
| Debt / FCF | 4.84 |
| Interest Coverage | 2.24 |
Financial Efficiency
Return on equity (ROE) is 5.62% and return on invested capital (ROIC) is 1.58%.
| Return on Equity (ROE) | 5.62% |
| Return on Assets (ROA) | 1.21% |
| Return on Capital (ROIC) | 1.58% |
| Revenue Per Employee | $554,737 |
| Profits Per Employee | $39,211 |
| Employee Count | 3,800 |
| Asset Turnover | 0.36 |
| Inventory Turnover | 2.37 |
Taxes
| Income Tax | -258.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +9.95% in the last 52 weeks. The beta is 0.88, so Ashland's price volatility has been lower than the market average.
| Beta (5Y) | 0.88 |
| 52-Week Price Change | +9.95% |
| 50-Day Moving Average | 86.40 |
| 200-Day Moving Average | 92.08 |
| Relative Strength Index (RSI) | 47.13 |
| Average Volume (20 Days) | 298,629 |
Short Selling Information
The latest short interest is 1.13 million, so 2.32% of the outstanding shares have been sold short.
| Short Interest | 1.13M |
| Short Previous Month | 716,321 |
| Short % of Shares Out | 2.32% |
| Short % of Float | 2.50% |
| Short Ratio (days to cover) | 2.27 |
Income Statement
In the last 12 months, Ashland had revenue of $2.11 billion and earned $149.00 million in profits. Earnings per share was $2.92.
| Revenue | 2.11B |
| Gross Profit | 633.00M |
| Operating Income | 114.00M |
| Pretax Income | -110.00M |
| Net Income | 149.00M |
| EBITDA | 341.00M |
| EBIT | 114.00M |
| Earnings Per Share (EPS) | $2.92 |
Full Income StatementBalance Sheet
The company has $399.00 million in cash and $1.45 billion in debt, giving a net cash position of -$1.05 billion or -$21.44 per share.
| Cash & Cash Equivalents | 399.00M |
| Total Debt | 1.45B |
| Net Cash | -1.05B |
| Net Cash Per Share | -$21.44 |
| Equity (Book Value) | 2.97B |
| Book Value Per Share | 60.76 |
| Working Capital | 921.00M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $467.00 million and capital expenditures -$168.00 million, giving a free cash flow of $299.00 million.
| Operating Cash Flow | 467.00M |
| Capital Expenditures | -168.00M |
| Free Cash Flow | 299.00M |
| FCF Per Share | $6.12 |
Full Cash Flow StatementMargins
Gross margin is 30.03%, with operating and profit margins of 5.41% and 7.07%.
| Gross Margin | 30.03% |
| Operating Margin | 5.41% |
| Pretax Margin | -4.08% |
| Profit Margin | 7.07% |
| EBITDA Margin | 16.18% |
| EBIT Margin | 5.41% |
| FCF Margin | 14.56% |
Dividends & Yields
This stock pays an annual dividend of $1.62, which amounts to a dividend yield of 1.90%.
| Dividend Per Share | $1.62 |
| Dividend Yield | 1.90% |
| Dividend Growth (YoY) | 9.72% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 55.49% |
| Buyback Yield | 3.72% |
| Shareholder Yield | 5.61% |
| Earnings Yield | 3.60% |
| FCF Yield | 7.22% |
Dividend DetailsAnalyst Forecast
The average price target for Ashland is $102.86, which is 20.56% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $102.86 |
| Price Target Difference | 20.56% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on July 1, 2005. It was a forward split with a ratio of 1.218282:1.
| Last Split Date | Jul 1, 2005 |
| Split Type | Forward |
| Split Ratio | 1.218282:1 |
Scores
Ashland has an Altman Z-Score of 2.43 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.43 |
| Piotroski F-Score | 5 |