Stock Analysis
Advanced Drainage Systems, Inc.WMS
P/E 21.43×· 5Y range 12.76–43.44×· 33th percentile of history
Sector: Industrials · Industry: Building Products & Equipment
AnalystsStrong Buy17 analystsP/E 21.4× sits at the 33rd percentile of its 5.0513347022587265-year history.
Cash covers 9% of debt · Q1 2027.
PMP Verdict
High quality, fairly valued
Strengths
- Profitability80
- Financial Health73
Risks
- Growth50
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Altman Z 3.4 — safe-zone balance sheet
- ✓ROE 24.8% — efficient capital deployment
- ✓Interest coverage 9.9× — debt well covered
What's happening with WMS
Profile
Strong profitability.
How is each axis scored?
- Valuation72/100 · Moderate
- P/E vs own history (33th pct)20/25
- FCF yield (5.7%)20/25
- P/S (3.0x)20/25
- EV/EBIT (17.1x)12/25
- Growth50/100 · Moderate
- Revenue CAGR (2.4%)6/25
- Net income CAGR (12.0%)20/25
- EPS CAGR 5Y (10.0%)12/25
- Fwd implied growth (14.0%)12/25
- Profitability80/100 · Strong
- ROIC (15.2%)20/25
- ROE (24.8%)20/25
- Net margin (14.0%)20/25
- Operating margin (20.4%)20/25
- Financial Health73/100 · Moderate
- Altman Z (3.41)25/25
- Current ratio (2.12)25/25
- Interest coverage (9.9x)18/25
- Net cash / debt (D/A 36%)5/25
- Quality72/100 · Moderate
- Piotroski F (4/9)10/25
- Beneish M (-2.94)25/25
- FCF conversion (122%)25/25
- Margin stability (σ 14.1%)12/25
- Moat58/100 · Moderate
- ROIC >12% years (8/10 yrs)20/25
- Median gross margin (31.9%)13/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst -11.5%)0/25
About Advanced Drainage Systems, Inc.
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. Show more
The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
Headquarters: HILLIARD, OH · Employees: 6,425 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
72B+P/E (TTM)21.4xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 12.8x–43.4x · 33rd pct
P/FCF17.2xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.7%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.1%–8.4% · 79th pct
P/S (TTM)3.00xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.1x–4.9x · 20th pct
EV/EBIT17.1xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 10.5x–30.6x · 44th pct
EV/Sales3.5xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E18.8xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio5.32xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.09C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.59%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio12.7%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
80AROIC15.2%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE24.8%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA10.5%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin14.0%A
Grade A: HighNet Income / Revenue
Operating Margin20.4%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin38.6%C
Grade C: AverageGross Profit / Revenue
FCF Margin17.1%A
Grade A: HighFCF / Revenue
True FCF Margin15.9%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR2.4%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR12.0%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)10.0%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth14.0%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+3.1%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income8.3%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.2%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
73B+Altman Z-Score3.41A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.12xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.18xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage9.9xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment2.9yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT2.4xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.97xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.09xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
72B+Piotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.94A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion122.0%A
Grade A: StrongFCF / Net Income
Margin Stability14.1%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue7.9%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.75xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Coyle Patrick M. Jr Filed | Coyle Patrick M. Jr | Tax withholding | -26 | |
EVERSOLE ROBERT M Filed | EVERSOLE ROBERT M | Gift | +2.4K | |
EVERSOLE ROBERT M Filed | EVERSOLE ROBERT M | Gift | -2386 | |
BARBOUR D. SCOTT Filed | BARBOUR D. SCOTT | Gift | -2000 | |
FRATTO TANYA D Filed | FRATTO TANYA D | Grant / award | +1.1K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
GAST KELLY S. Filed | GAST KELLY S. | Grant / award | +1.1K | |
COLEMAN MICHAEL B. Filed | COLEMAN MICHAEL B. | Grant / award | +1.1K | |
Seetharam Anil Filed | Seetharam Anil | Grant / award | +1.8K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
58CROIC >12% Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)31.9%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-11.5%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$5.98
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$2.34
Cash & short-term investments per share (Finnhub)
Book Value / Share$26.13
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$1.77B
Total debt obligations (short + long term)
Cash & Equiv.$162.25M
Cash and short-term investments
Net Debt$1.60B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$1.82B
Shareholders' equity (book value)
Asset / Liability1.68xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.67B
Current Market Capitalization
Beta1.35C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Advanced Drainage Systems, Inc. (WMS)
Piotroski F-Score of 4/9 indicates mixed fundamentals for Advanced Drainage Systems, Inc.. Altman Z-Score of 3.41 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.94 suggests a low likelihood of earnings manipulation. Advanced Drainage Systems, Inc. converts about 17% of revenue into free cash flow — strong cash generation.
- Takes ~2.9 years to repay net debt from free cash flow.
- Advanced Drainage Systems, Inc. posted a net loss in 1 of 10 available completed fiscal years (2017–2026).
- At a valuation score of 72/100, WMS trades near the cheapest end of its own historical range (P/E 21.4).
- Return on equity of 24.8% is well above the market average.
See how WMS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all WMS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 25 | Regular | 133.09 | +3.29% | 2.16 |
| Sep 25 | After-hours | 133.13 | +3.33% | 2.18 |
| Sep 22 | Regular | 130.96 | +3.22% | 2.40 |
| Sep 22 | After-hours | 130.73 | +3.03% | 2.29 |
Frequently Asked Questions about WMS
What is the current Advanced Drainage Systems, Inc. (WMS) stock price?
WMS is trading at $128.20 at the last market close, down 0.23% on the session. PreMarketPrice tracks WMS pre-market, intraday and after-hours prices.
Is WMS stock a buy right now?
PreMarketPrice's quantitative model rates Advanced Drainage Systems, Inc.'s financial health at 73/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is WMS stock overvalued?
Advanced Drainage Systems, Inc. trades at a trailing P/E of 21.4 and our valuation score rates it 72/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Advanced Drainage Systems, Inc. report earnings?
No confirmed earnings date is currently scheduled for WMS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Advanced Drainage Systems, Inc. operate in?
Advanced Drainage Systems, Inc. operates in the Industrials sector, within the Building Products & Equipment industry. The Related Stocks section lists sector peers for comparison.
What does Advanced Drainage Systems, Inc. do?
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets.
About Advanced Drainage Systems, Inc. (WMS) Stock
Advanced Drainage Systems, Inc. (WMS) is a US-listed stock operating in the Industrials sector, specifically the Building Products & Equipment industry. As of the latest update, Advanced Drainage Systems, Inc. is trading at $128.20, down 0.23% on the day with a market capitalization of $9.7 billion. The financial health score for WMS is 73/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for WMS stock.
WMS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Advanced Drainage Systems, Inc. (WMS) across multiple dimensions:
- Pre-market price & movement: Real-time WMS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for WMS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Advanced Drainage Systems, Inc. across multiple reporting periods.
- Financial health score: A composite score of 73/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for WMS.
- Sector peers: Compare WMS against 5 other industrials stocks on key financial metrics.
Is WMS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Advanced Drainage Systems, Inc. (WMS) as an investment. The financial health score of 73/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Advanced Drainage Systems, Inc. (WMS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.