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 3,162 - -
Change - -5.01% -18.6% 1.47% -48.44% 44.42% - -
Enterprise Value (EV) 1 7,173 5,766 5,120 5,296 3,359 4,162 4,136 4,126
Change - -19.62% -11.19% 3.43% -36.58% 23.9% -0.62% -0.24%
P/E 24.8x 5.79x 24.7x 25.9x -2.63x 36x 24.5x 20.1x
PBR 1.98x 1.65x 1.35x 1.49x 1.16x 1.7x 1.71x 1.7x
PEG - 0x -0.3x 17.15x 0x -0x 0.5x 0.9x
Capitalization / Revenue 2.56x 2.14x 1.91x 2.01x 1.2x 1.7x 1.64x 1.57x
EV / Revenue 3.4x 2.4x 2.34x 2.51x 1.84x 2.23x 2.14x 2.05x
EV / EBITDA 14.5x 9.77x 11.2x 11.5x 8.38x 10.7x 9.71x 8.92x
EV / EBIT 28.6x 16.5x 22.9x 21.4x 16.2x 20.1x 17.5x 14.9x
EV / FCF 19.9x 72.1x 41.3x 16.3x 93.3x 17.4x 23.2x 18.5x
FCF Yield 5.03% 1.39% 2.42% 6.14% 1.07% 5.74% 4.32% 5.39%
Dividend per Share 2 1.15 1.27 1.44 1.58 1.64 1.652 1.762 1.875
Rate of return 1.29% 1.34% 1.76% 1.82% 3.42% 2.39% 2.55% 2.71%
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% 86.2% 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 69.06 69.06 69.06
Nbr of stocks (in thousands) 60,733 54,139 51,241 48,832 45,706 45,793 - -
Announcement Date 09/11/21 07/11/22 08/11/23 06/11/24 04/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.01x2.23x10.69x2.39% 3.16B
19.48x3.45x9.78x2.07% 69.59B
11.92x0.91x7.6x4.52% 49.47B
54.06x8.66x36.86x1.01% 16.11B
13.15x0.88x6.1x2.74% 14.08B
11.14x0.72x4.8x2.93% 10.11B
15.52x0.71x7.64x3.18% 9.8B
36.38x1.67x8.81x2.08% 9.09B
4.68x0.67x2.77x4.7% 8.95B
31.44x4.3x18.42x0.37% 7.83B
Average 23.38x 2.42x 11.35x 2.6% 19.82B
Weighted average by Cap. 20.18x 2.59x 10.81x 2.8%

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.