Company Valuation: Ashland Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,413 5,142 4,185 4,247 2,190 3,352 - -
Change - -5.01% -18.6% 1.47% -48.44% 53.08% - -
Enterprise Value (EV) 1 7,173 5,766 5,120 5,296 3,359 4,351 4,326 4,316
Change - -19.62% -11.19% 3.43% -36.58% 29.55% -0.59% -0.23%
P/E 24.8x 5.79x 24.7x 25.9x -2.63x 38.2x 25.9x 21.3x
PBR 1.98x 1.65x 1.35x 1.49x 1.16x 1.8x 1.81x 1.8x
PEG - 0x -0.3x 17.15x 0x -0x 0.5x 1x
Capitalization / Revenue 2.56x 2.14x 1.91x 2.01x 1.2x 1.8x 1.73x 1.67x
EV / Revenue 3.4x 2.4x 2.34x 2.51x 1.84x 2.33x 2.24x 2.15x
EV / EBITDA 14.5x 9.77x 11.2x 11.5x 8.38x 11.2x 10.2x 9.33x
EV / EBIT 28.6x 16.5x 22.9x 21.4x 16.2x 21x 18.3x 15.5x
EV / FCF 19.9x 72.1x 41.3x 16.3x 93.3x 18.2x 24.4x 21.5x
FCF Yield 5.03% 1.39% 2.42% 6.14% 1.07% 5.49% 4.1% 4.66%
Dividend per Share 2 1.15 1.27 1.44 1.58 1.64 1.676 1.762 1.875
Rate of return 1.29% 1.34% 1.76% 1.82% 3.42% 2.29% 2.41% 2.56%
EPS 2 3.59 16.41 3.31 3.36 -18.23 1.918 2.822 3.441
Distribution rate 32% 7.74% 43.5% 47% -9% 87.4% 62.4% 54.5%
Net sales 1 2,111 2,400 2,191 2,113 1,824 1,865 1,934 2,008
EBITDA 1 495 590 459 459 401 389.2 426.1 462.4
EBIT 1 251 349 224 247 207 207.3 235.8 277.8
Net income 1 220 927 178 169 -845 87.97 127.8 154.9
Net Debt 1 1,760 624 935 1,049 1,169 999.2 973.5 963.6
Reference price 2 89.12 94.97 81.68 86.97 47.91 73.20 73.20 73.20
Nbr of stocks (in thousands) 60,733 54,139 51,241 48,832 45,706 45,793 - -
Announcement Date 11/9/21 11/7/22 11/8/23 11/6/24 11/4/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.7x2.36x11.3x2.26% 3.4B
19.42x3.44x9.75x2.04% 68.81B
12.61x0.95x7.93x4.27% 53.27B
58.33x9.36x39.87x0.93% 17.64B
13.37x0.88x6.22x2.74% 13.99B
13.29x0.77x5.09x2.58% 10.85B
16.1x0.73x7.86x3.07% 10.34B
38.4x1.74x9.18x2% 9.68B
32.32x4.41x18.88x0.36% 8.15B
5.3x0.63x2.64x1.29% 7.93B
Average 24.78x 2.53x 11.87x 2.15% 20.41B
Weighted average by Cap. 21.28x 2.68x 11.38x 2.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ASH Stock
  4. Valuation Ashland Inc.