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WMS

90.08USD+0.08(+0.09%)Market Closed

Advanced Drainage Systems Inc

Market Summary

USD90.08+0.08Market Closed
0.09%

WMS Alerts

WMS Stock Price

RSI Chart

Valuation

Market Cap

9.9B

Price/Earnings

25.95

Price/Sales

3.29

Price/Cashflow

23.61

MarketCap/EBT

18.99

Price/Sales

Profitability

EBT Margin

17.34%

Return on Equity

38.64%

Return on Assets

11.86%

Fundamentals

Revenue

Revenue (TTM)

3.0B

Revenue Y/Y

36.59%

Revenue Q/Q

34.8%

Earnings

Earnings (TTM)

382.5M

Earnings Y/Y

146.29%

Earnings Q/Q

304.14%

Price Action

52 Week Range

153.36
(Low)(High)

Last 7 days

-3.5%

Last 30 days

8.3%

Last 90 days

-33.7%

Trailing 12 Months

-29.2%

Financial Health

Current Ratio

2.78

Debt/Equity

0.94

Debt/Cashflow

0.45

Investor Care

Dividend Yield

0.38%

Dividend/Share (TTM)

0.45

Shares Dilution (1Y)

18.44%

Diluted EPS (TTM)

4.5

Peers (Alternatives to Advanced Drainage Systems)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
37.3B
15.5B
3.83% -10.16%
24.98
2.51
12.66% 21.10%
33.8B
20.4B
6.80% -21.81%
12.13
1.65
1.87% 10.82%
MID-CAP
9.9B
3.0B
8.27% -29.24%
25.95
3.29
40.62% 66.48%
9.7B
23.0B
9.70% -15.26%
3.6
0.42
29.31% 97.30%
8.9B
3.8B
6.06% -26.24%
18.33
2.52
12.89% 5.97%
8.5B
4.6B
9.23% -21.00%
17.38
1.84
10.76% -1.20%
7.9B
8.0B
6.29% -40.61%
10.49
0.98
9.41% 3.75%
5.4B
1.2B
2.86% -67.81%
21.01
3.98
8.62% -12.08%
3.5B
1.2B
-1.20% -35.53%
17.61
2.85
13.95% 19.44%
2.0B
665.1M
-8.86% -6.02%
26.63
3.02
35.86% 55.89%
SMALL-CAP
1.6B
1.4B
-0.45% -32.60%
19.91
1.17
12.82% 27.77%
1.0B
1.5B
2.68% 6.03%
18.63
0.7
14.40% 1423.84%
737.5M
1.2B
8.28% 3.92%
8.72
0.61
16.41% 45.22%
529.6M
826.8M
17.69% -27.03%
4.24
0.64
40.00% 87.68%
7.6M
649.9M
-78.97% -94.34%
-0.14
0.01
11.13% 16.01%

Financials for Advanced Drainage Systems

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue8.8%3,0142,7692,5352,3062,143
Gross Profit18.9%951800737697703
  S&GA Expenses5.6%321304290247
Earnings Before Taxes36.3%523384336309318
Net Income41.0%382271245225230
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets21.7%3,2252,6502,5562,5072,475
  Current Assets60.7%1,401872807818796
    Cash Equivalents2204.1%464202214143
  Inventory-1.0%489494466425331
  Net PPE2.7%636619591544518
  Goodwill1.5%620610612599599
Liabilities31.3%2,0291,5451,5351,5751,449
  Current Liabilities29.0%505391364414407
  Long Term Debt-930----
    LT Debt, Current-6.9%18192177
    LT Debt, Non Current40.8%1,279909932902781
Shareholder's Equity10.9%990893799695792
  Retained Earnings111.4%33615912257-8.67
  Additional Paid-In Capital1.3%1,0801,0661,009968951
Shares Outstanding0.1%7272717072
Minority Interest8.1%1817151515
Float-6,032----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations52.9%420275197261423
  Share Based Compensation-181.2%-19.6124535151
Cashflow From Investing-29.3%-257.01-198.83-170.75-111.58-93.51
Cashflow From Financing162.9%158-251.07-228.04-340.38-422.96
  Dividend Payments1.9%3938353634
  Buy Backs-16.4%244292371557408

Risks

What is the probability of a big loss on WMS?

60.4%


Probability that Advanced Drainage Systems stock will be more than 20% underwater in next one year

29.2%


Probability that Advanced Drainage Systems stock will be more than 30% underwater in next one year.

21.5%


Probability that Advanced Drainage Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WMS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Advanced Drainage Systems was unfortunately bought at previous high price.

Returns

Cumulative Returns on WMS

22.9%


7-Year Cumulative Returns

32.9%


5-Year Cumulative Returns

33.2%


3-Year Cumulative Returns

What are the long-term rolling returns for WMS?

FIve years rolling returns for Advanced Drainage Systems.

Which funds bought or sold WMS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
246,000
246,000
0.25%
2022-11-23
Toroso Investments, LLC
SOLD OFF
-100
-101,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
3,047,000
10,398,000
0.02%
2022-11-18
TT International Asset Management LTD
REDUCED
-42.13
-187,000
743,000
0.08%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-
2,000
-%
2022-11-17
M&T Bank Corp
NEW
-
284,000
284,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
REDUCED
-50.93
-225,000
472,000
-%
2022-11-16
Neo Ivy Capital Management
REDUCED
-40.33
-6,000
27,000
0.07%
2022-11-15
Balyasny Asset Management LLC
REDUCED
-6.38
5,611,000
24,775,000
0.08%
2022-11-15
HARBOUR INVESTMENTS, INC.
UNCHANGED
-
-
48,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying WMS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WMS

Advanced Drainage Systems News

MarketBeat

Advanced Drainage Systems, Inc. (NYSE:WMS) Given Average Recommendation of "Moderate Buy" by Brokerages.27 hours ago

WMS Fair Value

Recent SEC filings of Advanced Drainage Systems

View All Filings
Date Filed Form Type Document
Nov 10, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 09, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report
Sep 15, 2022
4
Insider Trading
Sep 15, 2022
4
Insider Trading
Sep 14, 2022
4
Insider Trading
Sep 09, 2022
4
Insider Trading
Sep 09, 2022
4
Insider Trading

Latest Insider Trading transactions for WMS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-02
HARVEY DARIN S.
SOLD
-58,690.3
95.5868
-614
EVP, Supply Chain & Logistics
2022-11-30
HARVEY DARIN S.
SOLD
-159,726
93.4072
-1,710
EVP, Supply Chain & Logistics
2022-11-30
HARVEY DARIN S.
ACQUIRED
97,538.3
41.97
2,324
EVP, Supply Chain & Logistics
2022-11-29
COLEMAN MICHAEL B.
GIFTED
-
-
-161
-
2022-11-09
KLEIN ROBERT M
SOLD
-2,795,470
82.6086
-33,840
EVP, Sales
2022-11-07
PEREZ DE LA MESA MANUEL J
BOUGHT
409,500
81.9
5,000
-
2022-09-15
Seetharam Anil
SOLD
-55,478.8
135.645
-409
-
2022-09-15
JONES ROSS M
SOLD
-55,478.8
135.645
-409
-
2022-09-15
JONES ROSS M
SOLD
-56,292.6
135.645
-415
-
2022-09-15
Seetharam Anil
SOLD
-56,292.6
135.645
-415
-

1–10 of 50

D. Scott Barbour
5640
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace 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. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio.

WMS Income Statement

2022-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 884,209,000$ 706,471,000$ 1,798,395,000$ 1,375,771,000
Cost of goods sold564,246,000506,414,0001,126,325,000974,593,000
Gross profit319,963,000200,057,000672,070,000401,178,000
Operating expenses:    
Selling, general and administrative88,639,00073,951,000175,159,000150,172,000
(Gain) loss on disposal of assets and costs from exit and disposal activities(102,000)(901,000)201,000(912,000)
Intangible amortization13,841,00015,446,00027,518,00031,091,000
Income from operations217,585,000111,561,000469,192,000220,827,000
Other expense:    
Interest expense18,261,0008,437,00029,333,00016,344,000
Derivative losses (gains) and other expense (income), net395,000202,000(1,507,000)(1,812,000)
Income before income taxes198,929,000102,922,000441,366,000206,295,000
Income tax expense47,508,00026,816,000102,573,00053,271,000
Equity in net income of unconsolidated affiliates(1,956,000)(206,000)(3,066,000)(411,000)
Net income153,377,00076,312,000341,859,000153,435,000
Less: net income attributable to noncontrolling interest1,370,000953,0002,706,0002,089,000
Net income attributable to ADS$ 152,007,000$ 75,359,000$ 339,153,000$ 151,346,000
Weighted average common shares outstanding:    
Basic (in shares)83,46670,46483,30670,993
Diluted (in shares)84,49871,92484,48572,614
Net income per share:    
Basic (in dollars per share)$ 1.82$ 0.90$ 4.07$ 1.78
Diluted (in dollars per share)$ 1.80$ 0.88$ 4.01$ 1.74

WMS Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:  
Cash$ 457,357$ 20,125
Receivables (less allowance for doubtful accounts of $8,033 and $8,198, respectively)387,952341,753
Inventories479,171494,324
Other current assets23,40015,696
Total current assets1,347,880871,898
Property, plant and equipment, net653,432619,383
Other assets:  
Goodwill619,487610,293
Intangible assets, net435,281431,385
Other assets121,519116,799
Total assets3,177,5992,649,758
Current liabilities:  
Current maturities of debt obligations16,76519,451
Current maturities of finance lease obligations5,3585,089
Accounts payable236,603224,986
Other accrued liabilities169,774134,877
Accrued income taxes10,8006,838
Total current liabilities439,300391,241
Long-term debt obligations (less unamortized debt issuance costs of $12,825 and $1,648, respectively)1,275,211908,705
Long-term finance lease obligations13,89311,393
Deferred tax liabilities164,945168,435
Other liabilities68,58064,939
Total liabilities1,961,9291,544,713
Commitments and contingencies (see Note 9)
Mezzanine equity:  
Redeemable common stock: $0.01 par value; 9,840 and 0 shares outstanding, respectively159,9280
Redeemable convertible preferred stock: $0.01 par value; 0 and 47,070 shares authorized, respectively; 0 and 44,170 shares issued; 0 and 15,630 shares outstanding, respectively0195,384
Total mezzanine equity159,928195,384
Stockholders’ equity:  
Common stock; $0.01 par value: 1,000,000 shares authorized; 78,519 and 75,529 shares issued, respectively; 73,205 and 72,309 shares outstanding, respectively11,64211,612
Paid-in capital1,119,4531,065,628
Common stock in treasury, at cost(536,697)(318,691)
Accumulated other comprehensive loss(33,775)(24,386)
Retained earnings477,790158,876
Total ADS stockholders’ equity1,038,413893,039
Noncontrolling interest in subsidiaries17,32916,622
Total stockholders’ equity1,055,742909,661
Total liabilities, mezzanine equity and stockholders’ equity$ 3,177,599$ 2,649,758