Advanced Drainage Systems, Inc. WMS
Containers/Packaging · IPO 2014 · data as of November 13, 2026
Advanced Drainage Systems, Inc. (WMS) is a consumer discretionary company listed in the US with a market value of about $9.3B. In the twelve months to September 30, 2026 it had revenue of $3.3B and net income of $405M, a net margin of 12.4%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is track record (5/5); the weakest is future growth (0/5).
Key numbers: a P/E of 23.9, a price to free cash flow of 17.5, 5-year revenue growth of 9% a year, a 5-year average ROIC of 19%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 23% below the current price.
Score: 3.2 / 5
Checks passed
- P/E below 25
- P/FCF below 20
- PEG below 1.5
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
Checks not passed
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3B | $3.1B | $2.9B | $2.9B | $3.1B | $2.8B | $2.0B | $1.7B | $1.4B | $1.3B | $1.3B |
| Net income | $405M | $426M | $450M | $510M | $507M | $271M | $224M | -$193M | $78M | $62M | $62M |
| Free cash flow | $530M | $569M | $369M | $534M | $541M | $126M | $373M | $239M | $108M | $95M | $58M |
| EPS (diluted) | $5.26 | $5.44 | $5.76 | $6.45 | $6.08 | $3.15 | $2.59 | $-3.21 | $1.22 | $0.99 | $0.99 |
| Net margin | 12.4% | 14.0% | 15.5% | 17.7% | 16.5% | 9.8% | 11.3% | -11.5% | 5.6% | 4.7% | 4.9% |
| ROIC | — | 13.2% | 17.5% | 22.4% | 25.5% | 15.6% | 15.2% | -4.6% | 15.2% | 12.4% | 8.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 12 analysts is $171.67, 37% above the current price; targets range from $145.00 to $190.00; the consensus rating is “Strong buy”; expected EPS is $6.22 for the fiscal year ending March 31, 2027.
Frequently asked questions
What is Advanced Drainage Systems’s P/E ratio?
About 23.9, based on the last twelve months of diluted earnings per share (forward P/E about 22.9).
Is Advanced Drainage Systems stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 23% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Advanced Drainage Systems pay a dividend?
Yes. The dividend yield is about 0.64%, and it has paid dividends for 10 years in our data.
Is Advanced Drainage Systems a good stock to buy?
We do not give buy or sell advice. Advanced Drainage Systems scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.