Overview Dividends

(WMS) Advanced Drainage Systems - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US00790R1041

Pipe, Chambers, Septic, Geosynthetics, Fittings

WMS EPS (Earnings per Share)

EPS Growth (3Y CAGR): 28.70%
EPS Trend (3Y Correlation): 28.6%

WMS Revenue

Revenue Growth (3Y CAGR): 9.95%
Revenue Trend (3Y Correlation): 42.2%

Risk via 10d forecast
Volatility	36.6%
Value at Risk 5%th	53.6%

Reward
Sharpe Ratio	-0.05
Alpha	-30.70

Character
Hurst Exponent	0.396
Beta	1.371

Drawdowns 3y
Max DD	45.75%
Mean DD	16.40%

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	11,511m
Sub-Industry	Building Products
IPO / Inception	2014-07-25
Return 12m vs S&P 500	-5.28%
Analyst Rating	4.67 of 5

WMS Dividends

Dividend Yield	0.46%
Yield on Cost 5y	1.11%
Yield CAGR 5y	14.56%
Payout Consistency	94.4%
Payout Ratio	11.6%

WMS Growth Ratios

CAGR	20.23%
CAGR/Max DD Calmar Ratio	0.44
CAGR/Mean DD Pain Ratio	1.23
Current Volume	747k
Average Volume	614k

Piotroski VR‑10 (Strict, 0-10) 5.0

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 (837.0m) ratio: 0.74 <= 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 5.07 (EBITDA TTM 837.0m / Interest Expense TTM 92.0m) >= 6 (WARN >= 3)

Altman Z'' 5.04

(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

(D) 0.84 = Book Value of Equity 1.81b / Total Liabilities 2.15b

Total Rating: 5.04 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 65.84

1. Piotroski 5.0pt = 0.0

2. FCF Yield 4.36% = 2.18

3. FCF Margin 17.72% = 4.43

4. Debt/Equity 17.33 = -2.50

5. Debt/Ebitda 0.74 = 2.09

6. ROIC - WACC (= 2.04)% = 2.54

7. RoE 36.62% = 2.50

8. Rev. Trend 42.16% = 3.16

9. EPS Trend 28.59% = 1.43

What is the price of WMS shares?

As of November 11, 2025, the stock is trading at USD 147.40 with a total of 746,978 shares traded.
Over the past week, the price has changed by +6.97%, over one month by +9.96%, over three months by +12.10% and over the past year by +9.11%.

Is Advanced Drainage Systems a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Advanced Drainage Systems (NYSE:WMS) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 65.84 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of WMS is around 143.15 USD . This means that WMS is currently overvalued and has a potential downside of -2.88%.

Is WMS a buy, sell or hold?

Advanced Drainage Systems has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy WMS.

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	170.6	15.7%
Analysts Target Price	170.6	15.7%
ValueRay Target Price	161.7	9.7%

WMS Fundamental Data Overview November 10, 2025

Market Cap USD = 11.51b (11.51b USD * 1.0 USD.USD)
P/E Trailing = 25.2594
P/E Forward = 25.0
P/S = 3.8542
P/B = 6.3008
P/EG = 1.4711
Beta = 1.371
Revenue TTM = 2.99b USD
EBIT TTM = 466.1m USD
EBITDA TTM = 837.0m USD
Long Term Debt = 1.25b USD (from longTermDebt, last fiscal year)
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 = 12.13b USD (11.51b + Debt 1.43b - CCE 812.9m)
Interest Coverage Ratio = 5.07 (Ebit TTM 466.1m / Interest Expense TTM 92.0m)
FCF Yield = 4.36% (FCF TTM 529.2m / Enterprise Value 12.13b)
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 = 2.97 (Enterprise Value 12.13b / Total Assets 4.08b)
Interest Expense / Debt = 1.62% (Interest Expense 23.1m / Debt 1.43b)
Taxrate = 25.17% (52.4m / 208.2m)
NOPAT = 348.8m (EBIT 466.1m * (1 - 25.17%))
Current Ratio = 3.48 (Total Current Assets 1.67b / Total Current Liabilities 480.9m)
Debt / Equity = 17.33 (Debt 1.43b / totalStockholderEquity, last quarter 82.6m)
Debt / EBITDA = 0.74 (Net Debt 618.1m / EBITDA 837.0m)
Debt / FCF = 1.17 (Net Debt 618.1m / FCF TTM 529.2m)
Total Stockholder Equity = 1.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.24% (Net Income 458.3m / Total Assets 4.08b)
RoE = 36.62% (Net Income TTM 458.3m / Total Stockholder Equity 1.25b)
RoCE = 18.62% (EBIT 466.1m / Capital Employed (Equity 1.25b + L.T.Debt 1.25b))
RoIC = 12.01% (NOPAT 348.8m / Invested Capital 2.90b)
WACC = 9.98% (E(11.51b)/V(12.94b) * Re(11.07%) + D(1.43b)/V(12.94b) * Rd(1.62%) * (1-Tc(0.25)))
Discount Rate = 11.07% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.18%
[DCF Debug] Terminal Value 68.31% ; FCFE base≈475.9m ; Y1≈483.3m ; Y5≈528.8m
Fair Price DCF = 75.16 (DCF Value 5.84b / 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

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle