(WMS) Advanced Drainage Systems - Ratings and Ratios
Pipe, Chambers, Septic, Geosynthetics, Fittings
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 37.1% |
| Value at Risk 5%th | 54.7% |
| Relative Tail Risk | -10.33% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.30 |
| Alpha | -6.93 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.402 |
| Beta | 1.068 |
| Beta Downside | 0.929 |
| Drawdowns 3y | |
|---|---|
| Max DD | 45.75% |
| Mean DD | 16.51% |
| Median DD | 14.79% |
Description: WMS Advanced Drainage Systems November 03, 2025
Advanced Drainage Systems, Inc. (NYSE: WMS) designs, manufactures and markets thermoplastic corrugated pipe and related water-management solutions across the United States, Canada and select international markets. The business is organized into four segments-Pipe, Infiltrator, International, and Allied Products & Other-covering single-, double- and triple-wall polypropylene and polyethylene pipes, leach-field chambers, synthetic aggregate bundles (EZflow), mechanical-aeration wastewater treatment units, septic systems, storm-water retention/detention structures, PVC drainage components, and a suite of geosynthetic fabrics for soil stabilization.
Key operating metrics from the most recent FY 2023 filing show revenue of roughly $2.1 billion, a 7 % year-over-year increase driven largely by higher demand for storm-water infrastructure and residential construction, and an adjusted EBITDA margin of about 15 %. The company benefits from two macro-level drivers: (1) the U.S. Infrastructure Investment and Jobs Act, which allocates billions of dollars to water-resource projects and creates a pipeline of public-sector contracts, and (2) tightening state-level regulations on on-site wastewater treatment and septic-system performance, which boost demand for higher-efficiency products such as AeroFin and advanced enviro-septic solutions.
Analysts should watch the company’s exposure to raw-material price volatility-particularly resin costs-and the execution risk of expanding its International segment, where market share data are limited. A material shift in residential construction activity, measured by the NAHB Housing Index, would materially affect pipe-volume forecasts.
For a deeper, data-driven view of WMS’s valuation and risk profile, you may find ValueRay’s analytical dashboard useful as a next step in your research.
WMS Stock Overview
| Market Cap in USD | 11,539m |
| Sub-Industry | Building Products |
| IPO / Inception | 2014-07-25 |
| Return 12m vs S&P 500 | -7.18% |
| Analyst Rating | 4.67 of 5 |
WMS Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 0.48% |
| Yield on Cost 5y | 1.04% |
| Yield CAGR 5y | 14.56% |
| Payout Consistency | 94.4% |
| Payout Ratio | 11.6% |
WMS Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 15.84% |
| CAGR/Max DD Calmar Ratio | 0.35 |
| CAGR/Mean DD Pain Ratio | 0.96 |
| Current Volume | 538.1k |
| Average Volume | 702.4k |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (458.3m TTM) > 0 and > 6% of Revenue (6% = 179.2m TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 1.77pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 39.91% (prev 35.16%; Δ 4.75pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.18 (>3.0%) and CFO 741.0m > Net Income 458.3m (YES >=105%, WARN >=100%) |
| Net Debt (618.1m) to EBITDA (877.7m) ratio: 0.70 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.48 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (78.3m) change vs 12m ago 0.26% (target <= -2.0% for YES) |
| Gross Margin 38.12% (prev 39.06%; Δ -0.94pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 78.44% (prev 82.42%; Δ -3.98pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.56 (EBITDA TTM 877.7m / Interest Expense TTM 92.0m) >= 6 (WARN >= 3) |
Altman Z'' 5.45
| (A) 0.29 = (Total Current Assets 1.67b - Total Current Liabilities 480.9m) / Total Assets 4.08b |
| (B) 0.43 = Retained Earnings (Balance) 1.76b / Total Assets 4.08b |
| (C) 0.18 = EBIT TTM 695.4m / Avg Total Assets 3.81b |
| (D) 0.85 = Book Value of Equity 1.83b / Total Liabilities 2.15b |
| Total Rating: 5.45 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 78.99
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 4.35% = 2.18 |
| 3. FCF Margin 17.72% = 4.43 |
| 4. Debt/Equity 0.75 = 2.23 |
| 5. Debt/Ebitda 0.70 = 2.13 |
| 6. ROIC - WACC (= 8.56)% = 10.71 |
| 7. RoE 26.83% = 2.24 |
| 8. Rev. Trend 42.16% = 3.16 |
| 9. EPS Trend 28.59% = 1.43 |
What is the price of WMS shares?
Over the past week, the price has changed by -4.42%, over one month by -0.01%, over three months by +0.03% and over the past year by +6.33%.
Is WMS a buy, sell or hold?
- Strong Buy: 7
- Buy: 1
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the WMS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 171.8 | 21.9% |
| Analysts Target Price | 171.8 | 21.9% |
| ValueRay Target Price | 151.8 | 7.8% |
WMS Fundamental Data Overview November 17, 2025
P/E Trailing = 24.6143
P/E Forward = 25.5102
P/S = 3.8638
P/B = 5.876
P/EG = 1.5017
Beta = 1.371
Revenue TTM = 2.99b USD
EBIT TTM = 695.4m USD
EBITDA TTM = 877.7m USD
Long Term Debt = 1.25b USD (from longTermDebt, last quarter)
Short Term Debt = 49.5m USD (from shortTermDebt, last quarter)
Debt = 1.43b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 618.1m USD (from netDebt column, last quarter)
Enterprise Value = 12.16b USD (11.54b + Debt 1.43b - CCE 812.9m)
Interest Coverage Ratio = 7.56 (Ebit TTM 695.4m / Interest Expense TTM 92.0m)
FCF Yield = 4.35% (FCF TTM 529.2m / Enterprise Value 12.16b)
FCF Margin = 17.72% (FCF TTM 529.2m / Revenue TTM 2.99b)
Net Margin = 15.35% (Net Income TTM 458.3m / Revenue TTM 2.99b)
Gross Margin = 38.12% ((Revenue TTM 2.99b - Cost of Revenue TTM 1.85b) / Revenue TTM)
Gross Margin QoQ = 40.00% (prev 39.82%)
Tobins Q-Ratio = 2.98 (Enterprise Value 12.16b / Total Assets 4.08b)
Interest Expense / Debt = 1.62% (Interest Expense 23.1m / Debt 1.43b)
Taxrate = 25.08% (52.4m / 208.9m)
NOPAT = 521.0m (EBIT 695.4m * (1 - 25.08%))
Current Ratio = 3.48 (Total Current Assets 1.67b / Total Current Liabilities 480.9m)
Debt / Equity = 0.75 (Debt 1.43b / totalStockholderEquity, last quarter 1.91b)
Debt / EBITDA = 0.70 (Net Debt 618.1m / EBITDA 877.7m)
Debt / FCF = 1.17 (Net Debt 618.1m / FCF TTM 529.2m)
Total Stockholder Equity = 1.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.24% (Net Income 458.3m / Total Assets 4.08b)
RoE = 26.83% (Net Income TTM 458.3m / Total Stockholder Equity 1.71b)
RoCE = 23.52% (EBIT 695.4m / Capital Employed (Equity 1.71b + L.T.Debt 1.25b))
RoIC = 17.55% (NOPAT 521.0m / Invested Capital 2.97b)
WACC = 8.99% (E(11.54b)/V(12.97b) * Re(9.95%) + D(1.43b)/V(12.97b) * Rd(1.62%) * (1-Tc(0.25)))
Discount Rate = 9.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.18%
[DCF Debug] Terminal Value 71.90% ; FCFE base≈475.9m ; Y1≈483.3m ; Y5≈528.8m
Fair Price DCF = 87.23 (DCF Value 6.78b / Shares Outstanding 77.8m; 5y FCF grow 1.26% → 3.0% )
EPS Correlation: 28.59 | EPS CAGR: 28.70% | SUE: 1.94 | # QB: 1
Revenue Correlation: 42.16 | Revenue CAGR: 9.95% | SUE: 1.50 | # QB: 2
Additional Sources for WMS Stock
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Fund Manager Positions: Dataroma | Stockcircle