Ticker
ASH

Price
95.63
Stock movement up
+0.82 (0.86%)
Company name
Ashland Global Holdings Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Basic Materials >
Specialty Chemicals
Market cap
5.19B
Ent value
7.60B
Price/Sales
2.16
Price/Book
1.56
Div yield
1.61%
Div growth
8.85%
Growth years
11
FCF payout
-21.52%
Trailing P/E
5.65
Forward P/E
13.51
PEG
0.30
EPS growth
293.54%
1 year return
-5.70%
3 year return
1.99%
5 year return
3.78%
10 year return
6.95%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.54
Dividend yield1.61%
Payout frequencyQuarterly
Maximum yield2.77%
Average yield1.47%
Minimum yield1.10%
Discount to avg yield8.82%
Upside potential9.67%
Yield as % of max yield58.21%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.61%
Current yield distribution22.22%
Yield at 100% (Min)1.10%
Yield at 90%1.23%
Yield at 80%1.28%
Yield at 50% (Median)1.41%
Yield at 20%1.65%
Yield at 10%1.85%
Yield at 0% (Max)2.77%

Dividend per share

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Dividend per share data
Years of growth11 years
CCC statusDividend Contender
Dividend per share1.54
Payout frequencyQuarterly
Ex-div date29 Feb 2024
EPS (TTM)16.71
EPS (1y forward)7.08
EPS growth (5y)293.54%
EPS growth (5y forward)19.08%

Dividend growth

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Dividend growth data
ASHS&P500
DGR MR14.93%-16.32%
DGR TTM14.93%4.05%
DGR 3 years10.64%5.24%
DGR 5 years8.85%5.40%
DGR 10 years9.35%7.07%
DGR 15 years8.47%6.12%
Time since last change announced349 days
EPS growth (5y)293.54%
EPS growth (5y forward)19.08%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM7.73%-21.52%
Average--
Forward21.75%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E5.65
Price to OCF-
Price to FCF-
Price to EBITDA10.48
EV to EBITDA15.35

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.16
Price to Book1.56
EV to Sales3.16

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FINANCIALS

Per share

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Per share data
Current share count54.27M
EPS (TTM)16.71
FCF per share (TTM)-6.00

Income statement

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Income statement data
Revenue (TTM)2.40B
Gross profit (TTM)835.00M
Operating income (TTM)327.00M
Net income (TTM)919.00M
EPS (TTM)16.71
EPS (1y forward)7.08

Margins

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Margins data
Gross margin (TTM)34.72%
Operating margin (TTM)13.60%
Profit margin (TTM)38.21%

Balance Sheet

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Balance Sheet data
Cash532.00M
Net receivables351.00M
Total current assets1.72B
Goodwill1.37B
Intangible assets959.00M
Property, plant and equipment1.35B
Total assets6.26B
Accounts payable246.00M
Short/Current long term debt1.43B
Total current liabilities464.00M
Total liabilities2.94B
Shareholder's equity3.32B
Net tangible assets3.32B

Cash flow

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Cash flow data
Operating cash flow (TTM)-282.00M
Capital expenditures (TTM)121.00M
Free cash flow (TTM)-330.00M
Dividends paid (TTM)71.00M

Financial returns

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Financial returns data
Return on Equity27.70%
Return on Assets14.68%
Return on Invested Capital19.75%
Cash Return on Invested Capital-7.09%

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STOCK INFORMATION

Stock chart

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Stock price data
Open95.87
Daily high95.87
Daily low95.21
Daily Volume240K
All-time high113.58
1y analyst estimate126.91
Beta1.00
EPS (TTM)16.71
Dividend per share1.54
Ex-div date29 Feb 2024
Next earnings date30 Apr 2024

Downside potential

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Downside potential data
ASHS&P500
Current price drop from All-time high-15.80%-0.85%
Highest price drop-92.49%-56.47%
Date of highest drop3 Mar 20099 Mar 2009
Avg drop from high-19.18%-11.35%
Avg time to new high32 days13 days
Max time to new high1635 days1805 days

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COMPANY DETAILS
ASH (Ashland Global Holdings Inc) company logo
Marketcap
5.19B
Marketcap category
Mid-cap
Description
Ashland Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates 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. The Personal Care segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.
Employees
3900
Investor relations
SEC filings
CEO
Guillermo Novo
Country
USA
City
Wilmington
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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