Advanced Drainage Systems designs, manufactures, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company was founded in 1966 and is based in Hilliard, Ohio.
WMS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Advanced Drainage Systems Inc. To summarize, we found that Advanced Drainage Systems Inc ranked in the 80th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 514% on a DCF basis. The most interesting components of our discounted cash flow analysis for Advanced Drainage Systems Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 4.61 years, is 0.58% -- higher than 82.35% of stocks in our DCF forecasting set.
As a business, WMS is generating more cash flow than 67.51% of positive cash flow stocks in the Basic Materials.
Advanced Drainage Systems Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 6.19. This coverage rate is greater than that of 66.38% 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 Advanced Drainage Systems Inc? See WLKP, MT, ODC, NEM, and BCC.
Advanced Drainage Systems, Inc. (WMS) Q2 2020 Earnings Conference Call August 06, 2020 10:00 AM ET Company Participants Mike Higgins - IR Scott Barbour - CEO Scott Cottrill - CFO Conference Call Participants Mike Halloran - Baird John Lovallo - Bank of America Garik Shmois - Loop Capital Presentation Operator...
Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading global manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that Anesa T. Chaibi has been elected to its Board of Directors at the Company’s Annual Meeting of Stockholders ("Annual Meeting"), effective immediately. The addition of Ms. Chaibi increases the size of the Board from 10 to 11 directors.
Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading global manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the first quarter ended June 30, 2020 before the market opens on August 6, 2020.