Ashland Global Holdings Inc. (ASH): Price and Financial Metrics

ASH Stock Price Chart Interactive Chart >

ASH Price/Volume Stats

Ashland Global Holdings Inc. (ASH) Company Bio

Ashland Global Holdings Inc. provides specialty chemical solutions to customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. The company was founded in 1924 and is based in Covington, Kentucky.

ASH Price Forecast Based on DCF Valuation

We started the process of determining a valid price forecast for Ashland Global Holdings Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Ashland Global Holdings Inc ranked in the 12th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for ASH, they are:

• Its compound free cash flow growth rate, as measured over the past 5.77 years, is -0.15% -- higher than just 10.75% of stocks in our DCF forecasting set.
• Ashland Global Holdings Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.97. This coverage rate is greater than that of only 14.88% of stocks we're observing for the purpose of forecasting via discounted cash flows.
• As a business, Ashland Global Holdings Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than only 0% of stocks generating free cash flow.

CMCL, MOS, CARR, CEIX, and ACH can be thought of as valuation peers to ASH, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.