ASH (Ashland) EV-to-FCF: 20.76 (As of Jul. 09, 2026) — 18% Below Median


ASH Ashland Inc ASH
67 GF Score
Price $64.99
GF Value $71.60
Valuation Fairly Valued
! 8 Warning Signs
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What is Ashland EV-to-FCF?

Ashland ASH +2.03% 67 EV-to-FCF is 20.76 as of Jul. 09, 2026, which is 18% below its 10-year median of 25.45. GuruFocus rates ASH with a GF Score™ of 67/100 and a GF Value™ of $71.60 (Fairly Valued). The stock has 8 warning signs investors should review. Among 922 Chemicals companies, Ashland ranks better than 53.25% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ashland's Enterprise Value is $4,111 Mil. Ashland's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $198 Mil. Therefore, Ashland's EV-to-FCF for today is 20.76.

The historical rank and industry rank for Ashland's EV-to-FCF or its related term are showing as below:

ASH' s EV-to-FCF Range Over the Past 10 Years
Min: -960.53   Med: 25.45   Max: 124.48
Current: 20.76

During the past 13 years, the highest EV-to-FCF of Ashland was 124.48. The lowest was -960.53. And the median was 25.45.

ASH's EV-to-FCF is ranked better than
53.25% of 922 companies
in the Chemicals industry
Industry Median: 22.5 vs ASH: 20.76

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-09), Ashland's stock price is $64.99. Ashland's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-15.434. Therefore, Ashland's PE Ratio (TTM) for today is At Loss.


Ashland  (NYSE:ASH) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ashland's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=64.99/-15.434
=At Loss

Ashland's share price for today is $64.99.
Ashland's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.434.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Ashland EV-to-FCF Related Terms


Ashland EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ashland's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ashland EV-to-FCF Chart

Ashland Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.32 -17.99 71.32 19.18 -869.72

Ashland Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.07 111.75 -869.72 25.13 18.59

ASH vs CLMT, KWR, CC: EV-to-FCF Comparison

For the Specialty Chemicals subindustry, Ashland's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashland EV-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ashland's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Ashland's EV-to-FCF falls into.


ASH
67GF Score
Ashland Inc ASH
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashland EV-to-FCF Calculation

Ashland's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4110.743/198
=20.76

Ashland's current Enterprise Value is $4,111 Mil.
Ashland's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $198 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 20.76 mean?
Ashland (ASH) has a EV-to-FCF of 20.76 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ashland and its competitors. This is 18% below median its historical median of 25.45. According to the industry distribution chart, Ashland ranks #431 out of 922 companies in the Chemicals industry, placing it in the top 46.7%.
Is Ashland's EV-to-FCF too high?
Ashland's current EV-to-FCF of 20.76 is 18% below median its 10-year median of 25.45. The Chemicals industry median EV-to-FCF is 22.50. Ashland's value of 20.76 is 7.7% below this industry median. Based on the distribution chart, Ashland ranks #431 out of 922 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ashland has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashland's EV-to-FCF compare to CLMT and KWR?
According to the Chemicals industry distribution chart, Ashland ranks #431 out of 922 companies for EV-to-FCF. This puts Ashland in the upper half of its industry. The industry median EV-to-FCF is 22.50. Ashland's value of 20.76 is 7.7% below this benchmark. While the company's 10-year median is 25.45 vs. the industry median of 22.50, Ashland has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Chemicals company?
The median EV-to-FCF among Chemicals companies is 22.50, based on 922 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashland's current EV-to-FCF of 20.76 is 7.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ashland and its competitors. For the Chemicals industry, the median EV-to-FCF is 22.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashland's current EV-to-FCF is 20.76, which is 18% below median its own 10-year median of 25.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashland stock overvalued right now?
Based on GuruFocus' analysis, Ashland (ASH) is currently considered Fairly Valued. The stock's GF Value™ is $71.60, compared to a current price of $64.99 — trading 9.2% below its estimated fair value. The current EV-to-FCF is 20.76, which is 18% below median its 10-year median of 25.45 and 7.7% below the Chemicals industry median of 22.50. Ashland's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ashland (ASH), the current EV-to-FCF is 20.76 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashland (ASH) Overvalued in 2026?

Based on GuruFocus' analysis, Ashland stock appears to be undervalued. The current stock price of $64.99 is trading 9.2% below its estimated GF Value™ of $71.60. GuruFocus considers Ashland to be Fairly Valued.

Key valuation signals for ASH:

  • EV-to-FCF: 20.76 (18% below median its 10-year median of 25.45)
  • GF Value™: $71.60 vs. price of $64.99 (9.2% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 7.7% below the Chemicals median (#431 of 922)

No single metric tells the full story. See the ASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashland Business Description

Other Exchanges AHT:Germany
Address 8145 Blazer Drive, Wilmington, DE, USA, 19808
Ashland Inc. is a specialty materials company serving markets including pharmaceuticals, personal care, food and beverages, coatings, construction, energy, and electronics. It operates through four segments: Life Sciences, Personal Care, Specialty Additives, and Intermediates. Life Sciences contributes the highest revenue, offering functional additives for pharmaceutical and nutrition applications. Personal Care provides ingredients for skin, hair, oral care, and household products, while Specialty Additives supplies performance-enhancing additives for coatings and. Intermediates produce BDO and related derivatives used in polymers, electronics, agriculture, and pharmaceutical applications. The company generates sales across North America, Europe, Asia Pacific, Latin America, and regions.
67GF Score

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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.99
Price
$71.60
GF Value