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
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ASH, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ashland Global Holdings Inc ranked in the 3th 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. The most interesting components of our discounted cash flow analysis for Ashland Global Holdings Inc ended up being:
The company's compound free cash flow growth rate over the past 5.51 years comes in at -0.26%; that's greater than only 5.78% of US stocks we're applying DCF forecasting to.
As a business, ASH is generating more cash flow than merely 24.44% of positive cash flow stocks in the Basic Materials.
Ashland Global Holdings Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.83. This coverage rate is greater than that of merely 18.18% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Ashland Global Holdings Inc? See HBM, AEM, BIOX, GSTX, and HUN.
The recent report published by Reports and Data comprises of an in-depth assessment of the Global Pharmaceutical Excipients Market. It assesses the ever-changing market dynamics and overall development of the industry. The report is fabricated with thorough primary and secondary
Ashland (ASH) declares $0.275/share quarterly dividend, in line with previous.Forward yield 1.41%Payable Sept. 15; for shareholders of record Sept. 1; ex-div Aug. 31.See ASH Dividend Scorecard, Yield Chart, & Dividend Growth....
WILMINGTON, Del., July 27, 2020 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced a definitive agreement to sell the company’s maleic anhydride business and manufacturing facility in Neal, West Virginia to AOC Materials LLC, for $100 million.Maleic anhydride is manufactured industrially on a large scale for applications in coatings and polymers. The maleic anhydride business was previously excluded from the sale of Ashland’s Composites business and the butanediol (BDO) manufacturing facility in Marl, Germany, to INEOS Enterprises. The transaction with AOC is expected to close prior to the end of calendar year 2020, contingent on customary regulatory approvals and standard closing conditions.“Today’s announcement furthers Ashland’s strategic focus to streamline...