ASH Stock Overview
Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide.
Ashland Global Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$105.70|
|52 Week High||US$110.74|
|52 Week Low||US$79.16|
|1 Month Change||1.88%|
|3 Month Change||9.91%|
|1 Year Change||24.38%|
|3 Year Change||35.15%|
|5 Year Change||-4.78%|
|Change since IPO||228.08%|
Recent News & Updates
Ashland Global Holdings Inc. (NYSE:ASH) Shares Could Be 29% Above Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of Ashland Global Holdings Inc. ( NYSE:ASH ) by taking the...
Ashland - Transformation Is Near Completion
Ashland has continued to divest non-core activities in recent years. This money has been used for selective acquisitions, simplification of the business and lower leverage. I like this transformation, and while the business is much stronger and more stable, current valuations look quite demanding here.
At US$92.60, Is It Time To Put Ashland Global Holdings Inc. (NYSE:ASH) On Your Watch List?
Ashland Global Holdings Inc. ( NYSE:ASH ), might not be a large cap stock, but it saw a double-digit share price rise...
|ASH||US Chemicals||US Market|
Return vs Industry: ASH exceeded the US Chemicals industry which returned 15.3% over the past year.
Return vs Market: ASH exceeded the US Market which returned 13.7% over the past year.
|ASH Average Weekly Movement||2.9%|
|Chemicals Industry Average Movement||5.6%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: ASH is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ASH's weekly volatility (3%) has been stable over the past year.
About the Company
Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions.
Ashland Global Holdings Fundamentals Summary
|ASH fundamental statistics|
Is ASH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASH income statement (TTM)|
|Cost of Revenue||US$1.44b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.04|
|Net Profit Margin||8.20%|
How did ASH perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Ashland Global Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASH ($105.7) is trading above our estimate of fair value ($80.77)
Significantly Below Fair Value: ASH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASH is poor value based on its PE Ratio (34.8x) compared to the US Chemicals industry average (21.8x).
PE vs Market: ASH is poor value based on its PE Ratio (34.8x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: ASH is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: ASH is good value based on its PB Ratio (2.2x) compared to the US Chemicals industry average (2.6x).
How is Ashland Global Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASH's forecast earnings growth (19.8% per year) is above the savings rate (2%).
Earnings vs Market: ASH's earnings (19.8% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: ASH's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASH's revenue (7.6% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ASH's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASH's Return on Equity is forecast to be low in 3 years time (19.3%).
How has Ashland Global Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASH has high quality earnings.
Growing Profit Margin: ASH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ASH has become profitable over the past 5 years, growing earnings by 21.2% per year.
Accelerating Growth: ASH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ASH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (17.5%).
Return on Equity
High ROE: ASH's Return on Equity (6.3%) is considered low.
How is Ashland Global Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ASH's short term assets ($1.7B) exceed its short term liabilities ($934.0M).
Long Term Liabilities: ASH's short term assets ($1.7B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: ASH's net debt to equity ratio (64%) is considered high.
Reducing Debt: ASH's debt to equity ratio has reduced from 79% to 71.6% over the past 5 years.
Debt Coverage: ASH's debt is well covered by operating cash flow (28.4%).
Interest Coverage: ASH's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Ashland Global Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASH's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: ASH's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: ASH's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.9%), ASH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASH's dividends in 3 years are forecast to be well covered by earnings (23% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Guillermo Novo (59 yo)
Mr. Guillermo Novo serves as Chief Executive Officer and President of Versum Materials, Inc. He serves as Independent Director of PPG Industries, Incorporated and has served as its Director since February...
CEO Compensation Analysis
Compensation vs Market: Guillermo's total compensation ($USD7.60M) is about average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Guillermo's compensation has been consistent with company performance over the past year.
Experienced Management: ASH's management team is considered experienced (2.6 years average tenure).
Experienced Board: ASH's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ashland Global Holdings Inc.'s employee growth, exchange listings and data sources
- Name: Ashland Global Holdings Inc.
- Ticker: ASH
- Exchange: NYSE
- Founded: 1924
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: US$6.015b
- Shares outstanding: 56.91m
- Website: https://www.ashland.com
Number of Employees
- Ashland Global Holdings Inc.
- 8145 Blazer Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 23:15|
|End of Day Share Price||2022/01/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.