WMS - Advanced Drainage Systems Inc Stock Price, Fair Value and News

174.13USD+1.69 (+0.98%)Market Closed

Market Summary

USD174.13+1.69

Market Closed

0.98%

WMS Stock Price

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WMS RSI Chart

WMS Valuation

Market Cap

13.5B

Price/Earnings (Trailing)

26.45

Price/Sales (Trailing)

4.69

EV/EBITDA

15.7

Price/Free Cashflow

25.25

WMS Price/Sales (Trailing)

WMS Profitability

EBT Margin

23.20%

Return on Equity

43.5%

Return on Assets

15.6%

Free Cashflow Yield

3.96%

WMS Fundamentals

WMS Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

5.87%

Rev. Growth (Qtr)

-1.29%

WMS Earnings

Earnings (TTM)

509.9M

Earnings Growth (Yr)

10.4%

Earnings Growth (Qtr)

-10.24%

Breaking Down WMS Revenue

Last 7 days

1.0%

Last 30 days

11.0%

Last 90 days

6.9%

Trailing 12 Months

77.0%

How does WMS drawdown profile look like?

WMS Financial Health

Current Ratio

2.96

Debt/Equity

1.07

Debt/Cashflow

0.57

WMS Investor Care

Dividend Yield

0.32%

Dividend/Share (TTM)

0.56

Buy Backs (1Y)

1.95%

Diluted EPS (TTM)

6.45

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.9B	0	0	0
2023	3.1B	2.9B	2.8B	2.8B
2022	2.8B	3.0B	3.2B	3.1B
2021	2.0B	2.1B	2.3B	2.5B
2020	1.7B	1.8B	1.8B	1.9B
2019	1.4B	1.4B	1.5B	1.6B
2018	1.3B	1.4B	1.4B	1.4B
2017	1.3B	1.3B	1.3B	1.3B
2016	1.3B	1.3B	1.3B	1.3B
2015	1.2B	1.2B	1.2B	1.3B
2014	1.1B	1.1B	1.1B	1.2B
2013	1.0B	1.0B	1.0B	1.1B
2012	1.0B	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Advanced Drainage Systems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	barbour d. scott	gifted	-	-	4,305	see remarks
Mar 13, 2024	barbour d. scott	gifted	-	-	-4,305	see remarks
Mar 06, 2024	huebert michael g.	sold	-1,635,210	163	-10,000	executive vice president
Feb 28, 2024	seetharam anil	sold	-124,352,000	163	-762,895	-
Feb 28, 2024	jones ross m	sold	-124,352,000	163	-762,895	-
Feb 27, 2024	waun thomas j. sr.	acquired	70,335	46.89	1,500	evp, international
Feb 27, 2024	waun thomas j. sr.	sold	-246,585	164	-1,500	evp, international
Feb 21, 2024	eversole robert m	gifted	-	-	-46,116	-

Which funds bought or sold WMS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-4.35	693,722	4,740,930	0.02%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-50.6	-3,962,940	6,069,050	-%
May 16, 2024	CASTLEARK MANAGEMENT LLC	new	-	580,449	580,449	0.02%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.2	1,558,700	12,036,000	0.01%
May 16, 2024	Tidal Investments LLC	added	122	1,370,360	2,165,400	0.04%
May 16, 2024	LBP AM SA	reduced	-41.56	-1,429,500	3,599,640	0.14%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-8.48	513,518	4,764,500	0.02%
May 15, 2024	Gotham Asset Management, LLC	added	4.1	1,934,810	8,972,150	0.14%
May 15, 2024	Petrus Trust Company, LTA	new	-	389,262	389,262	0.04%
May 15, 2024	Royal Bank of Canada	added	26.81	5,774,000	16,214,000	-%

Are Funds Buying or Selling WMS?

Are funds buying WMS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WMS

No. of Funds

Unveiling Advanced Drainage Systems Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.82%	6,870,070	SC 13G/A
Feb 09, 2024	principal financial group inc	9.00%	7,009,312	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	6,986,316	SC 13G
Feb 09, 2023	vanguard group inc	8.05%	6,666,198	SC 13G/A
Feb 07, 2023	principal financial group inc	10.80%	8,772,952	SC 13G
Sep 09, 2022	berkshire partners holdings llc	2.4%	1,968,728	SC 13D/A
Aug 18, 2022	berkshire partners holdings llc	2.4%	1,968,728	SC 13D/A
Jun 14, 2022	berkshire partners holdings llc	3.5%	2,968,728	SC 13D/A
Feb 14, 2022	chlapaty joseph a	4.3%	3,128,081	SC 13G/A
Feb 14, 2022	advanced drainage systems, inc. employee stock ownership plan	17.1%	12,370,592	SC 13G/A

Recent SEC filings of Advanced Drainage Systems Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading

Peers (Alternatives to Advanced Drainage Systems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	58.8B	23.0B	20.26%	50.77%	43.8	2.55	9.35%	-48.07%
HUBB	21.1B	5.5B	0.45%	39.98%	29.05	3.84	8.06%	32.52%
BLDR	20.4B	17.1B	-6.83%	36.60%	13.91	1.19	-18.27%	-40.02%
CSL	19.9B	4.9B	13.40%	94.52%	23.21	4.06	-3.54%	3.11%
LECO	12.9B	-	-4.07%	33.20%	23.62	3.13	6.67%	16.79%
MID-CAP
AYI	8.0B	3.9B	4.36%	61.38%	21.17	2.08	-6.35%	-0.40%
AAON	6.2B	1.2B	-13.17%	22.84%	34.26	5.29	19.83%	50.95%
ATKR	5.5B	3.4B	-10.63%	22.26%	8.95	1.64	-11.52%	-24.82%
AEIS	4.0B	1.6B	14.28%	14.49%	30.83	2.54	-16.80%	-35.75%
PLUG	2.4B	801.3M	18.68%	-58.83%	-1.65	3	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	18.99%	70.53%	14.78	1.04	-1.65%	-4.32%
ACTG	538.1M	141.5M	11.62%	34.84%	9.37	3.8	64.77%	235.59%
ACCO	493.5M	1.8B	6.61%	-0.96%	-20.23	0.28	-6.26%	-71.83%
FCEL	366.0M	103.0M	-19.00%	-64.63%	-4	3.55	-24.12%	24.29%
APT	56.3M	60.9M	-21.24%	23.91%	13.37	0.92	4.81%	82.22%

Advanced Drainage Systems Inc News

Latest updates

Advanced Drainage Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.3%	654	662	780	778	618	655	884	914	678	715	706	669	444	486	544	509	371	393	496	414	272
Gross Profit	-3.0%	252	260	303	331	222	224	320	352	190	209	200	201	127	169	206	189	109	123	147	-62.16	60.00
S&GA Expenses	-100.0%	-	91.00	92.00	87.00	-	86.00	89.00	87.00	-	80.00	74.00	76.00	73.00	67.00	66.00	62.00	185	30.00	30.00	26.00	114
EBITDA Margin	0.6%	0.32*	0.31*	0.30*	0.29*	0.28*	0.26*	0.25*	0.23*	0.20*	0.20*	0.21*	0.23*	-	-	-	-	-	-	-	-	-
Interest Expenses	93.0%	35.00	18.00	25.00	8.00	36.00	6.00	14.00	5.00	13.00	5.00	12.00	4.00	-	4.00	14.00	7.00	-	6.00	14.00	4.00	-
Income Taxes	-12.6%	26.00	30.00	47.00	55.00	22.00	26.00	48.00	55.00	28.00	29.00	27.00	26.00	7.00	20.00	32.00	27.00	-8.76	4.00	-3.55	22.00	1.00
Earnings Before Taxes	-11.5%	120	136	184	227	107	109	199	242	75.00	103	103	103	28.00	75.00	112	98.00	-6.60	28.00	5.00	-205	3.00
EBT Margin	0.7%	0.23*	0.23*	0.22*	0.22*	0.21*	0.20*	0.19*	0.17*	0.14*	0.13*	0.13*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	-10.2%	95.00	106	136	174	86.00	82.00	152	187	46.00	74.00	75.00	76.00	20.00	54.00	80.00	70.00	2.00	23.00	8.00	-226	1.00
Net Income Margin	0.5%	0.18*	0.18*	0.17*	0.17*	0.17*	0.15*	0.14*	0.13*	0.10*	0.10*	0.10*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-115.9%	-29.76	188	174	202	7.00	172	148	214	32.00	62.00	-47.69	79.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.4%	3,269	3,162	3,138	3,049	2,901	3,006	3,178	3,225	2,650	2,556	2,507	2,475	2,414	2,342	2,373	2,415	2,370	2,249	2,295	1,068	1,042
Current Assets	5.0%	1,300	1,238	1,232	1,169	1,017	1,157	1,348	1,401	872	807	818	796	743	664	701	729	666	526	564	481	467
Cash Equivalents	-11.6%	496	561	470	366	217	427	457	464	20.00	22.00	14.00	143	195	224	204	235	174	98.00	54.00	9.00	9.00
Inventory	14.5%	464	405	385	435	464	459	479	489	494	466	425	331	301	239	223	239	282	261	249	230	265
Net PPE	-100.0%	-	811	774	747	733	685	653	636	619	591	544	518	504	496	482	477	481	488	492	396	399
Goodwill	0.0%	617	617	620	620	620	619	619	620	610	612	599	599	599	599	598	598	598	668	670	103	103
Liabilities	2.5%	1,988	1,940	1,956	1,937	1,906	1,890	1,962	2,029	1,545	1,535	1,575	1,449	1,350	1,316	1,418	1,551	1,585	1,453	1,532	608	542
Current Liabilities	7.5%	440	409	428	420	379	370	439	505	391	364	414	407	318	278	282	259	238	222	241	244	206
Long Term Debt	-0.2%	1,260	1,262	1,264	1,267	1,269	1,272	1,275	1,279	909	932	902	781	782	784	886	1,037	1,089	991	1,043	230	209
LT Debt, Current	-3.3%	12.00	12.00	13.00	14.00	15.00	16.00	17.00	18.00	19.00	21.00	7.00	7.00	7.00	7.00	7.00	8.00	8.00	8.00	6.00	26.00	26.00
LT Debt, Non Current	-100.0%	-	1,262	1,264	1,267	1,269	1,272	1,275	1,279	909	932	902	781	782	784	886	1,037	1,089	991	1,043	230	209
Shareholder's Equity	8.7%	1,172	1,079	1,049	963	824	959	1,056	1,008	910	815	710	806	834	785	710	615	537	546	512	212	398
Retained Earnings	8.3%	1,092	1,008	914	789	626	550	478	336	159	122	57.00	-8.67	-75.20	-86.90	-133	-205	-267	-261	-277	-278	18.00
Additional Paid-In Capital	2.0%	1,220	1,196	1,174	1,147	1,135	1,129	1,119	1,080	1,066	1,009	968	951	919	883	859	840	828	817	801	501	391
Shares Outstanding	1.0%	71.00	70.00	70.00	70.00	70.00	83.00	83.00	83.00	72.00	71.00	71.00	72.00	-	-	-	-	-	-	-	-	-
Minority Interest	-13.0%	19.00	22.00	19.00	19.00	17.00	18.00	17.00	18.00	17.00	15.00	15.00	15.00	14.00	13.00	13.00	12.00	12.00	15.00	14.00	13.00	14.00
Float	-	-	-	8,793	-	-	-	10,068	-	-	-	6,032	-	-	-	3,115	-	-	-	1,540	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-92.7%	17,666	241,398	214,897	243,967	47,372	223,414	187,259	249,765	81,041	98,969	-9,470	104,348	3,440	162,608	152,435	133,733	9,871	124,607	108,871	62,840	3,656
Share Based Compensation	-100.0%	-	7,402	9,331	6,903	-	6,179	7,460	6,273	-	23,463	17,631	20,806	20,021	18,325	14,626	12,462	5,030	11,283	8,657	7,425	5,686
Cashflow From Investing	25.9%	-39,785	-53,679	-40,256	-21,944	-39,655	-51,313	-39,841	-83,668	-48,793	-87,832	-36,715	-25,493	-20,715	-28,655	-18,644	-9,860	-14,608	-21,507	-1,104,619	-9,736	-12,523
Cashflow From Financing	48.5%	-47,907	-93,050	-69,874	-73,512	-217,688	-203,410	-152,857	277,677	-34,494	-2,981	-82,272	-131,321	-11,467	-115,323	-164,845	-62,948	83,156	-59,721	1,040,770	-52,633	-2,276
Dividend Payments	-100.0%	-	10,887	11,140	11,084	9,501	9,744	10,197	10,170	9,197	9,068	9,307	9,451	6,178	9,105	7,665	7,737	8,281	7,522	6,683	69,641	5,064
Buy Backs	-55.8%	31,347	70,905	61,836	47,778	204,831	179,864	127,802	57,699	-	-	176,622	115,378	-	-	-	-	-	-	-	-	-

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WMS Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Net sales	$ 2,874,473	$ 3,071,121	$ 2,769,315
Cost of goods sold	1,728,524	1,952,713	1,949,750
Cost of goods sold - ESOP acceleration	0	0	19,181
Gross profit	1,145,949	1,118,408	800,384
Operating expenses:
Selling, general and administrative	370,714	339,504	309,840
Selling, general and administrative - ESOP acceleration	0	0	11,254
(Gain) loss on disposal of assets and costs from exit and disposal activities	(8,365)	4,397	3,398
Intangible amortization	51,469	55,197	63,974
Income from operations	732,131	719,310	411,918
Other expense:
Interest expense	88,862	70,182	33,550
Interest income and other, net	(23,484)	(7,972)	(5,143)
Income before income taxes	666,753	657,100	383,511
Income tax expense	158,998	150,589	110,071
Equity in net income of unconsolidated affiliates	(5,536)	(4,842)	(1,586)
Net income	513,291	511,353	275,026
Less: net income attributable to noncontrolling interest	3,376	4,267	3,695
Net income attributable to ADS	$ 509,915	$ 507,086	$ 271,331
Weighted average common shares outstanding:
Basic (in shares)	78,252	82,315	71,276
Diluted (in shares)	79,017	83,336	72,911
Net income per share available to common stockholders:
Basic (in dollars per share)	$ 6.52	$ 6.16	$ 3.22
Diluted (in dollars per share)	$ 6.45	$ 6.08	$ 3.15

WMS Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Current assets:
Cash	$ 490,163	$ 217,128
Receivables (less allowance for credit losses of $4,849 and $8,227, respectively)	323,576	306,945
Inventories	464,200	463,994
Other current assets	22,028	29,422
Total current assets	1,299,967	1,017,489
Property, plant and equipment, net	876,351	733,059
Other assets:
Goodwill	617,183	620,193
Intangible assets, net	352,652	407,627
Other assets	122,760	122,757
Total assets	3,268,913	2,901,125
Current liabilities:
Current maturities of debt obligations	11,870	14,693
Current maturities of finance lease obligations	18,015	8,541
Accounts payable	254,401	210,111
Other accrued liabilities	154,260	142,400
Accrued income taxes	1,076	3,057
Total current liabilities	439,622	378,802
Long-term debt obligations (less unamortized debt issuance costs of $9,759 and $11,804, respectively)	1,259,522	1,269,391
Long-term finance lease obligations	61,661	32,272
Deferred tax liabilities	156,705	159,056
Other liabilities	70,704	66,744
Total liabilities	1,988,214	1,906,265
Commitments and contingencies (see Note 17)
Mezzanine equity:
Redeemable common stock: $0.01 par value; 6,682 and 9,429 shares outstanding, respectively	108,584	153,220
Total mezzanine equity	108,584	153,220
Stockholders’ equity:
Common stock: $0.01 par value; 1,000,000 shares authorized; 82,283 and 79,057 shares issued, respectively; 70,868 and 69,518 shares outstanding, respectively	11,679	11,647
Paid-in capital	1,219,834	1,134,864
Common stock in treasury, at cost	(1,140,578)	(920,999)
Accumulated other comprehensive loss	(29,830)	(27,580)
Retained earnings	1,092,208	626,215
Total ADS stockholders’ equity	1,153,313	824,147
Noncontrolling interest in subsidiaries	18,802	17,493
Total stockholders’ equity	1,172,115	841,640
Total liabilities, mezzanine equity and stockholders’ equity	$ 3,268,913	$ 2,901,125

About Advanced Drainage Systems Inc

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the construction and agriculture marketplaces in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. In addition, it provides Presby environmental enviro-septic and advanced enviro-septic systems, alternative combined treatment and dispersal systems, PVC hubs, rubber sleeves, and stainless-steel bands. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 40 distribution centers. Advanced Drainage Systems, Inc. incorporated in 1966 and is headquartered in Hilliard, Ohio.

CEO	Mr. Donald Scott Barbour
WEBSITE	adspipe.com
INDUSTRY	Communication Equipment
EMPLOYEES	5870

Advanced Drainage Systems Inc Frequently Asked Questions

What is the ticker symbol for Advanced Drainage Systems Inc? What does WMS stand for in stocks?

WMS is the stock ticker symbol of Advanced Drainage Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Advanced Drainage Systems Inc (WMS)?

As of Fri May 17 2024, market cap of Advanced Drainage Systems Inc is 13.49 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WMS stock?

You can check WMS's fair value in chart for subscribers.

What is the fair value of WMS stock?

You can check WMS's fair value in chart for subscribers. The fair value of Advanced Drainage Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Advanced Drainage Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WMS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Advanced Drainage Systems Inc a good stock to buy?

The fair value guage provides a quick view whether WMS is over valued or under valued. Whether Advanced Drainage Systems Inc is cheap or expensive depends on the assumptions which impact Advanced Drainage Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WMS.

What is Advanced Drainage Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, WMS's PE ratio (Price to Earnings) is 26.45 and Price to Sales (PS) ratio is 4.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WMS PE ratio will change depending on the future growth rate expectations of investors.