WMS Stock Analysis: Advanced Drainage Systems | NYSE
Building Products & Equipment | NYSE, USA | Market Cap: 10.597m USD | 12M Return: 5.5% | US00790R1041 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 99.5M
EPS Trend: 13.1%
Qual. Beats: 1
Rev. Trend: 87.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Advanced Drainage Systems, Inc. (NYSE: WMS) designs, manufactures, and markets thermoplastic corrugated pipes and related water management products for customers in the United States, Canada, and international markets. The company operates through two reportable segments: Stormwater and Wastewater. Its core offerings include single, double, and triple wall corrugated polypropylene and polyethylene pipes, plastic leachfield chambers, EZflow synthetic aggregate bundles, septic tanks, and combined treatment and dispersal systems such as AeroFin and the enviro-septic product lines.
Beyond pipe manufacturing, the company distributes geosynthetic products-including construction fabrics used for soil stabilization, filtration, separation, and erosion control-as well as drainage grates, PVC hubs, channel drains, catch basins, and water quality filters. These products serve non-residential, residential, agriculture, and infrastructure end markets, distributed through a network of company-operated distribution centers.
Headquartered in Hilliard, Ohio, and incorporated in 1966, WMS operates within the Building Products sub-industry of the Industrials sector. The companys business model centers on providing engineered solutions for water management, a sector driven by stormwater regulation, wastewater infrastructure needs, and ongoing construction activity in both residential and civil engineering markets.
- Resin price volatility pressures pipe product margins
- Federal infrastructure spending lifts stormwater segment orders
- Infiltrator acquisition drives wastewater segment revenue growth
| Net Income: 451.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 0.30 > 1.0 |
| NWC/Revenue: 20.34% < 20% (prev 35.82%; Δ -15.48% < -1%) |
| CFO/TA 0.18 > 3% & CFO 804.5m > Net Income 451.1m |
| Net Debt (1.76b) to EBITDA (926.5m): 1.90 < 3 |
| Current Ratio: 2.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (77.0m) vs 12m ago -1.40% < -2% |
| Gross Margin: 37.65% > 18% (prev 37.42%; Δ 0.23% > 0.5%) |
| Asset Turnover: 76.52% > 50% (prev 74.65%; Δ 1.87% > 0%) |
| Interest Coverage Ratio: 7.14 > 6 (EBIT TTM 699.1m / Interest Expense TTM 97.9m) |
| A: 0.15 (Total Current Assets 1.24b - Total Current Liabilities 585.6m) / Total Assets 4.51b |
| B: 0.45 (Retained Earnings 2.02b / Total Assets 4.51b) |
| C: 0.17 (EBIT TTM 699.1m / Avg Total Assets 4.21b) |
| D: 0.71 (Book Value of Equity 1.86b / Total Liabilities 2.62b) |
| Altman-Z'' = 4.27 = AA |
| DSRI: 1.09 (Receivables 458.6m/379.8m, Revenue 3.22b/2.92b) |
| GMI: 0.99 (GM 37.42% / 37.65%) |
| AQI: 1.34 (AQ_t 0.45 / AQ_t-1 0.34) |
| SGI: 1.10 (Revenue 3.22b / 2.92b) |
| TATA: -0.08 (NI 451.1m - CFO 804.5m) / TA 4.51b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of August 18, 2026, the stock is trading at USD 147.98 with a total of 697,044 shares traded. Over the past week, the price has changed by +4.45%, over one month by +0.29%, over three months by +9.55% and over the past year by +5.45%.
Current recommended Stop Loss: 137.30 (which is 7.2% or 2 ATR below the current price).
Advanced Drainage Systems has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy WMS.
- StrongBuy: 7
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 183.4 | 23.9% |
P/E Trailing = 24.44
P/E Forward = 22.7273
P/S = 3.2893
P/B = 5.7325
P/EG = 1.3366
Revenue TTM = 3.22b USD
EBIT TTM = 699.1m USD
EBITDA TTM = 926.5m USD
Long Term Debt = 1.60b USD (from longTermDebt, last quarter)
Short Term Debt = 45.9m USD (from shortTermDebt, last quarter)
Debt = 1.92b USD (from shortLongTermDebtTotal, last quarter) + Leases 153.2m
Net Debt = 1.76b USD (calculated: Debt 1.92b - CCE 162.3m)
Enterprise Value = 12.4b USD (10.6b + Debt 1.92b - CCE 162.3m)
Interest Coverage Ratio = 7.14 (Ebit TTM 699.1m / Interest Expense TTM 97.9m)
EV/FCF = 22.45x (Enterprise Value 12.4b / FCF TTM 550.2m)
FCF Yield = 4.45% (FCF TTM 550.2m / Enterprise Value 12.4b)
FCF Margin = 17.08% (FCF TTM 550.2m / Revenue TTM 3.22b)
Net Margin = 14.00% (Net Income TTM 451.1m / Revenue TTM 3.22b)
Gross Margin = 37.65% ((Revenue TTM 3.22b - Cost of Revenue TTM 2.01b) / Revenue TTM)
Gross Margin QoQ = 40.76% (prev 32.36%)
Tobins Q-Ratio = 2.74 (Enterprise Value 12.4b / Total Assets 4.51b)
Interest Expense / Debt = 5.10% (Interest Expense 97.9m / Debt 1.92b)
Taxrate = 23.33% (140.7m / 603.0m)
NOPAT = 536.0m (EBIT 699.1m * (1 - 23.33%))
Current Ratio = 2.12 (Total Current Assets 1.24b / Total Current Liabilities 585.6m)
Debt / Equity = 1.03 (Debt 1.92b / totalStockholderEquity, last quarter 1.86b)
Debt / EBITDA = 1.90 (Net Debt 1.76b / EBITDA 926.5m)
Debt / FCF = 3.19 (Net Debt 1.76b / FCF TTM 550.2m)
Total Stockholder Equity = 1.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.71% (Net Income 451.1m / Total Assets 4.51b)
RoE = 23.40% (Net Income TTM 451.1m / Total Stockholder Equity 1.93b)
RoCE = 19.79% (EBIT 699.1m / Capital Employed (Equity 1.93b + L.T.Debt 1.60b))
RoIC = 14.07% (NOPAT 536.0m / Invested Capital 3.81b)
WACC = 10.04% (E(10.6b)/V(12.5b) * Re(11.15%) + D(1.92b)/V(12.5b) * Rd(5.10%) * (1-Tc(0.23)))
Discount Rate = 11.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -44.54 | Cagr: -0.84%
[DCF] Terminal Value 72.70% ; FCFF base≈516.2m ; Y1≈591.7m ; Y5≈870.8m
[DCF] Fair Price = 110.5 (EV 10.1b - Net Debt 1.76b = Equity 8.34b / Shares 75.4m; r=10.04% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 13.06 | EPS CAGR: 0.71% | SUE: 1.67 | # QB: 1
Revenue Correlation: 87.89 | Revenue CAGR: 3.51% | SUE: 0.29 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.84 | Chg30d=-1.68% | Revisions=-40% | Analysts=9
EPS next Quarter (2026-12-31): EPS=1.19 | Chg30d=-13.07% | Revisions=-40% | Analysts=9
EPS current Year (2027-03-31): EPS=6.44 | Chg30d=+0.13% | Revisions=-25% | GrowthEPS=+2.7% | GrowthRev=+13.4%
EPS next Year (2028-03-31): EPS=7.53 | Chg30d=+2.21% | Revisions=-17% | GrowthEPS=+17.0% | GrowthRev=+6.4%
[Analyst] Revisions Ratio: -55% (up=1, down=7)