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$103.18|
|52 Week High||US$112.91|
|52 Week Low||US$81.93|
|1 Month Change||-2.44%|
|3 Month Change||4.75%|
|1 Year Change||16.38%|
|3 Year Change||29.02%|
|5 Year Change||56.55%|
|Change since IPO||220.26%|
Recent News & Updates
Is There Now An Opportunity In Ashland Global Holdings Inc. (NYSE:ASH)?
Ashland Global Holdings Inc. ( NYSE:ASH ), is not the largest company out there, but it saw a decent share price growth...
Calculating The Intrinsic Value Of Ashland Global Holdings Inc. (NYSE:ASH)
In this article we are going to estimate the intrinsic value of Ashland Global Holdings Inc. ( NYSE:ASH ) by projecting...
|ASH||US Chemicals||US Market|
Return vs Industry: ASH exceeded the US Chemicals industry which returned -8.3% over the past year.
Return vs Market: ASH exceeded the US Market which returned -18.5% over the past year.
|ASH Average Weekly Movement||5.2%|
|Chemicals Industry Average Movement||7.0%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: ASH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ASH's weekly volatility (5%) 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$1.50b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.23|
|Net Profit Margin||7.78%|
How did ASH perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is ASH undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ASH?
Other financial metrics that can be useful for relative valuation.
|What is ASH's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ASH's PE Ratio compare to its peers?
|ASH PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: ASH is good value based on its Price-To-Earnings Ratio (31.9x) compared to the peer average (38x).
Price to Earnings Ratio vs Industry
How does ASH's PE Ratio compare vs other companies in the U.S. Chemicals Industry?
Price-To-Earnings vs Industry: ASH is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the US Chemicals industry average (16.1x)
Price to Earnings Ratio vs Fair Ratio
What is ASH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||31.9x|
|Fair PE Ratio||10.6x|
Price-To-Earnings vs Fair Ratio: ASH is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the estimated Fair Price-To-Earnings Ratio (10.6x).
Share Price vs Fair Value
What is the Fair Price of ASH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ASH ($103.18) is trading below our estimate of fair value ($128.74)
Significantly Below Fair Value: ASH is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: ASH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is Ashland Global Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASH's earnings are forecast to decline over the next 3 years (-12.2% per year).
Earnings vs Market: ASH's earnings are forecast to decline over the next 3 years (-12.2% per year).
High Growth Earnings: ASH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ASH's revenue (6.3% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: ASH's revenue (6.3% 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 (12%).
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How has Ashland Global Holdings performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASH has high quality earnings.
Growing Profit Margin: ASH's current net profit margins (7.8%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: ASH has become profitable over the past 5 years, growing earnings by 23.2% per year.
Accelerating Growth: ASH's earnings growth over the past year (224.1%) exceeds its 5-year average (23.2% per year).
Earnings vs Industry: ASH earnings growth over the past year (224.1%) exceeded the Chemicals industry 30.2%.
Return on Equity
High ROE: ASH's Return on Equity (5.2%) is considered low.
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How is Ashland Global Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ASH's short term assets ($2.0B) exceed its short term liabilities ($810.0M).
Long Term Liabilities: ASH's short term assets ($2.0B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ASH's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: ASH's debt to equity ratio has reduced from 92.9% to 39.5% over the past 5 years.
Debt Coverage: ASH's debt is well covered by operating cash flow (25.5%).
Interest Coverage: ASH's interest payments on its debt are well covered by EBIT (3.7x coverage).
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What is Ashland Global Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASH's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: ASH's dividend (1.3%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Stability and Growth of Payments
Stable Dividend: ASH's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASH's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), ASH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.8%), ASH's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Guillermo Novo (59 yo)
Mr. Guillermo Novo serves as Chief Executive Officer and President of Versum Materials, Inc. He serves as Independent Director of PPG Industries, Incorporated and has served as its Director since February...
CEO Compensation Analysis
Compensation vs Market: Guillermo's total compensation ($USD7.60M) is about average for companies of similar size in the US market ($USD8.44M).
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 (3 years average tenure).
Experienced Board: ASH's board of directors are considered experienced (4.9 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.
Recent Insider Transactions
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$5.585b
- Shares outstanding: 54.12m
- 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||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.