Ashland Statistics
Total Valuation
Ashland has a market cap or net worth of $4.76 billion. The enterprise value is $5.77 billion.
| Market Cap | 4.76B |
| Enterprise Value | 5.77B |
Important Dates
The next confirmed earnings date is Tuesday, August 6, 2024, after market close.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
Ashland has 50.13 million shares outstanding. The number of shares has decreased by -7.70% in one year.
| Shares Outstanding | 50.13M |
| Shares Change (YoY) | -7.70% |
| Shares Change (QoQ) | -2.27% |
| Owned by Insiders (%) | 0.56% |
| Owned by Institutions (%) | 95.56% |
| Float | 46.58M |
Valuation Ratios
The trailing PE ratio is 24.98 and the forward PE ratio is 17.27. Ashland's PEG ratio is -1.36.
| PE Ratio | 24.98 |
| Forward PE | 17.27 |
| PS Ratio | 2.25 |
| Forward PS | 2.11 |
| PB Ratio | 1.52 |
| P/FCF Ratio | 14.87 |
| PEG Ratio | -1.36 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.02, with an EV/FCF ratio of 18.03.
| EV / Earnings | 30.05 |
| EV / Sales | 2.73 |
| EV / EBITDA | 17.02 |
| EV / EBIT | 103.04 |
| EV / FCF | 18.03 |
Financial Position
The company has a current ratio of 3.15, with a Debt / Equity ratio of 0.46.
| Current Ratio | 3.15 |
| Quick Ratio | 1.54 |
| Debt / Equity | 0.46 |
| Debt / EBITDA | 4.28 |
| Debt / FCF | 4.53 |
| Interest Coverage | 9.33 |
Financial Efficiency
Return on equity (ROE) is 6.20% and return on invested capital (ROIC) is 3.60%.
| Return on Equity (ROE) | 6.20% |
| Return on Assets (ROA) | 3.20% |
| Return on Capital (ROIC) | 3.60% |
| Revenue Per Employee | $555,526 |
| Profits Per Employee | $50,526 |
| Employee Count | 3,800 |
| Asset Turnover | 0.36 |
| Inventory Turnover | 2.42 |
Taxes
| Income Tax | -142.00M |
| Effective Tax Rate | -284.00% |
Stock Price Statistics
The stock price has increased by +4.12% in the last 52 weeks. The beta is 0.90, so Ashland's price volatility has been similar to the market average.
| Beta (5Y) | 0.90 |
| 52-Week Price Change | +4.12% |
| 50-Day Moving Average | 97.08 |
| 200-Day Moving Average | 89.09 |
| Relative Strength Index (RSI) | 47.87 |
| Average Volume (20 Days) | 329,339 |
Short Selling Information
The latest short interest is 688,280, so 1.37% of the outstanding shares have been sold short.
| Short Interest | 688,280 |
| Short Previous Month | 741,579 |
| Short % of Shares Out | 1.37% |
| Short % of Float | 1.48% |
| Short Ratio (days to cover) | 1.62 |
Income Statement
In the last 12 months, Ashland had revenue of $2.11 billion and earned $192.00 million in profits. Earnings per share was $3.80.
| Revenue | 2.11B |
| Gross Profit | 565.00M |
| Operating Income | 43.00M |
| Pretax Income | 50.00M |
| Net Income | 192.00M |
| EBITDA | 339.00M |
| EBIT | 56.00M |
| Earnings Per Share (EPS) | $3.80 |
Balance Sheet
The company has $439.00 million in cash and $1.45 billion in debt, giving a net cash position of -$1.01 billion or -$20.17 per share.
| Cash & Cash Equivalents | 439.00M |
| Total Debt | 1.45B |
| Net Cash | -1.01B |
| Net Cash Per Share | -$20.17 |
| Equity (Book Value) | 3.13B |
| Book Value Per Share | 62.52 |
| Working Capital | 974.00M |
Cash Flow
In the last 12 months, operating cash flow was $491.00 million and capital expenditures -$171.00 million, giving a free cash flow of $320.00 million.
| Operating Cash Flow | 491.00M |
| Capital Expenditures | -171.00M |
| Free Cash Flow | 320.00M |
| FCF Per Share | $6.39 |
Margins
Gross margin is 26.76%, with operating and profit margins of 2.04% and 9.10%.
| Gross Margin | 26.76% |
| Operating Margin | 2.04% |
| Pretax Margin | 2.37% |
| Profit Margin | 9.10% |
| EBITDA Margin | 16.06% |
| EBIT Margin | 2.65% |
| FCF Margin | 15.16% |
Dividends & Yields
This stock pays an annual dividend of $1.62, which amounts to a dividend yield of 1.71%.
| Dividend Per Share | $1.62 |
| Dividend Yield | 1.71% |
| Dividend Growth (YoY) | 12.23% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 42.63% |
| Buyback Yield | 7.70% |
| Shareholder Yield | 9.40% |
| Earnings Yield | 4.03% |
| FCF Yield | 6.72% |
Analyst Forecast
The average price target for Ashland is $107.86, which is 13.61% higher than the current price. The consensus rating is "Buy".
| Price Target | $107.86 |
| Price Target Difference | 13.61% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 15, 2017. It was a forward split with a ratio of 511:250.
| Last Split Date | May 15, 2017 |
| Split Type | Forward |
| Split Ratio | 511:250 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |