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WMS

NYSE
Neutral · 48/100

Advanced Drainage Systems Inc

Industrials
Building

$150.11

1.4%

Updated Today 12:11 PM ET

Report Card

WMS at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Neutral · 48/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 26.4% over the last 12 months

Price 50-day average 200-day averageDCF fair value ±15%Source: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$10.98B

P/E

27.35x

Forward P/E (est.)

28.92x

ROE

22.4%

Revenue Growth

5.0%

EPS Growth

-5.4%

Profit Margin

14.0%

FCF Yield

5.1%

Debt / Equity

0.92x

ROIC

14.0%

Interest Coverage

Current Ratio

2.42x

Dividend Yield

0.5%

Implied Growth (rev. DCF)

3.6%

Rating Score

48/100

Business Overview
Research

Advanced Drainage Systems Inc (WMS) is a large-cap company in the Building industry, part of the Industrials sector of the S&P 500, with a market value around $10.98B.

In its latest reported year it generated about $3.05B in revenue and $426.46M in net profit.

Our model rates WMS Neutral (48/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what WMS's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. WMS trades near $150.11, above its 50-day average ($141.97) and 200-day average ($147.12). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 64 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. WMS's is $6.08 (~4.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month WMS found buyers near $129.29 (support) and sellers near $157.99 (resistance); its 52-week range is $109.63–$179.32. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.1× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

2.4%

1/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $1.26B in 2017 to $3.05B in 2026, a 10.3% compound annual growth rate. The most recent year grew a steady 5.0% year over year. Slower, mature growth is common for established businesses.

Profitability
Research
4/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

38.3%

Operating Margin

20.3%

Net Margin

14.0%

ROE

22.4%

Advanced Drainage Systems Inc keeps about 14.0% of each sales dollar as net profit, with a 38.3% gross margin and 20.3% operating margin. Return on equity is 22.4% and return on invested capital about 14.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research
3/3 checks passedDebt under 1× equityDebt under 2× equityShort-term bills covered

Total Debt

$1.63B

Net Debt

$1.41B

Net Debt / EBITDA

2.27x

Debt / Equity

0.92x

Leverage: debt-to-equity is 0.9x, with a current ratio of 2.4x. That is a moderate, manageable debt load for most businesses. It carries roughly $1.63B of total debt against $223.01M of cash.

Cash Flow Analysis
Research
3/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$819.05M

Free Cash Flow

$569.29M

FCF Margin

18.7%

In the latest year Advanced Drainage Systems Inc produced about $819.05M of operating cash flow and $569.29M of free cash flow after capital spending. That is a free-cash-flow yield of about 5.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research
1/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

27.35x

P/S

3.82x

P/B

5.53x

EV / EBITDA

18.06x

WMS trades at 27.4x trailing earnings (about 28.9x on estimated forward earnings), 3.8x sales, and 5.5x book value. Reverse-engineering today's price implies the market expects roughly 3.6% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$135.25

Current price

$150.11

-10% · Near fair-value estimate

Starting FCF (latest 10-K)

$569.29M

Growth, years 1–5

5.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$4.60B
PV of terminal value$5.76B
Estimated equity value$10.36B
Shares outstanding77M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
27.4xExpensive
Forward P/E
28.9xExpensive
P/S ratio
3.8xExpensive
Revenue growth
5.0%Average
EPS growth
-5.4%Weak
Gross margin
38.3%Weak
Net margin
14.0%Strong
ROE
22.4%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $150.11 today · expected CAGR -5%5%

Metric20262027202820292030
Revenue$3.20B$3.36B$3.53B$3.71B$3.89B
Net income$448.41M$470.83M$494.37M$519.09M$545.04M
EPS$5.85$6.15$6.45$6.78$7.12
Share price (low)$93.67$98.35$103.27$108.43$113.85
Share price (high)$158.06$165.97$174.26$182.98$192.13
CAGR (low–high)-38% / 5%-19% / 5%-12% / 5%-8% / 5%-5% / 5%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for WMS:

  • Strong return on equity (22.4%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~5.1%) funds buybacks and dividends.
Bear Case

The case against WMS:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Advanced Drainage Systems Inc is a large-cap industrials business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 27.4x earnings, which our model scores Neutral (48/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

WMS — frequently asked questions

Is WMS a good stock to buy?

We don't give buy or sell advice. Our model rates Advanced Drainage Systems Inc Neutral (48/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is WMS's rating on The Stocks School?

Advanced Drainage Systems Inc currently scores 48/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does WMS's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Advanced Drainage Systems Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for WMS calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this WMS analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell WMS. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.