ASHLAND INC's gross profit margin for the third quarter of its fiscal year 2015 has increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. ASHLAND INC has strong liquidity. Currently, the Quick Ratio is 1.55 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 30.07% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q3 FY15||Q3 FY14|
|Net Sales ($mil)||1366.0||1606.0|
|Net Income ($mil)||106.0||99.0|
|Balance Sheet||Q3 FY15||Q3 FY14|
|Cash & Equiv. ($mil)||1113.0||570.0|
|Total Assets ($mil)||9955.0||12126.0|
|Total Debt ($mil)||3698.0||3315.0|
|Profitability||Q3 FY15||Q3 FY14|
|Gross Profit Margin||37.55||33.87|
|Return on Assets||4.32||4.7|
|Return on Equity||7.07||9.56|
|Debt||Q3 FY15||Q3 FY14|
|Share Data||Q3 FY15||Q3 FY14|
|Shares outstanding (mil)||67.62||78.05|
|Div / share||0.39||0.34|
|Book value / share||46.83||58.02|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||755138.0||626749.0|
HOLD. This stock's P/E ratio indicates a premium compared to an average of 22.64 for the Chemicals industry and a significant premium compared to the S&P 500 average of 19.38. To use another comparison, its price-to-book ratio of 2.17 indicates a discount versus the S&P 500 average of 2.58 and a significant discount versus the industry average of 4.79. The price-to-sales ratio is below the S&P 500 average and is well below the industry average, indicating a discount.
|ASH 30.82||Peers 22.64||ASH 20.68||Peers 26.18|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
ASH is trading at a significant premium to its peers.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
ASH is trading at a discount to its peers.
|ASH 12.87||Peers 16.20||ASH 0.05||Peers 2.99|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
ASH is trading at a valuation on par with its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
ASH trades at a significant discount to its peers.
|ASH 2.17||Peers 4.79||ASH -40.40||Peers 1.02|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
ASH is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, ASH is expected to significantly trail its peers on the basis of its earnings growth rate.
|ASH 1.21||Peers 1.92||ASH -6.75||Peers 0.20|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
ASH is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
ASH significantly trails its peers on the basis of sales growth
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas