ASH (Ashland) Intrinsic Value: Projected FCF: $61.89 (As of Aug. 11, 2026) — 6028% Above Median

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ASH Ashland Inc ASH
75 GF Score
Price $74.58
GF Value $68.64
Valuation Fairly Valued
! 9 Warning Signs
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What is Ashland Intrinsic Value: Projected FCF?

Ashland ASH -1.09% 75 Intrinsic Value: Projected FCF is $61.89 as of Aug. 11, 2026, which is 6028% above its 10-year median of 1.01. GuruFocus rates ASH with a GF Score™ of 75/100 and a GF Value™ of $68.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,137 Chemicals companies, Ashland ranks better than 55.15% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-11), Ashland's Intrinsic Value: Projected FCF is $61.89. The stock price of Ashland is $74.58. Therefore, Ashland's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for Ashland's Intrinsic Value: Projected FCF or its related term are showing as below:

ASH' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.67   Med: 1.01   Max: 1.68
Current: 1.21

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Ashland was 1.68. The lowest was 0.67. And the median was 1.01.

ASH's Price-to-Projected-FCF is ranked better than
55.15% of 1137 companies
in the Chemicals industry
Industry Median: 1.35 vs ASH: 1.21

Ashland  (NYSE:ASH) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Ashland's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=74.58/61.927207712058
=1.20

* 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 Intrinsic Value: Projected FCF Related Terms


Ashland Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Ashland's Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF Chart

Ashland Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.43 72.75 62.64 73.84 60.27

Ashland Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected 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 58.66 60.27 53.75 56.99 61.89

ASH vs FUL, WDFC, HWKN: Intrinsic Value: Projected FCF Comparison

For the Specialty Chemicals subindustry, Ashland's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Chemicals Industry

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

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


ASH
75GF Score
Ashland Inc ASH
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashland Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Ashland's Free Cash Flow(6 year avg) = $142.08.

Ashland's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*142.08+1870*0.8)/46.000
=61.93

* 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.

What does a Intrinsic Value: Projected FCF of $61.89 mean?
Ashland (ASH) has a Intrinsic Value: Projected FCF of $61.89 as of Aug. 11, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Ashland and its competitors. This is 6028% above median its historical median of 1.01. Over the past decade, Ashland's Intrinsic Value: Projected FCF has ranged from 0.67 to 1.68. According to the industry distribution chart, Ashland ranks #510 out of 1137 companies in the Chemicals industry, placing it in the top 44.9%.
Is Ashland's Intrinsic Value: Projected FCF too high?
Ashland's current Intrinsic Value: Projected FCF of $61.89 is 6028% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.68. The Chemicals industry median Intrinsic Value: Projected FCF is 1.35. Ashland's value of $61.89 is 4484.4% above this industry median. Based on the distribution chart, Ashland ranks #510 out of 1137 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ashland has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashland's Intrinsic Value: Projected FCF compare to FUL and WDFC?
According to the Chemicals industry distribution chart, Ashland ranks #510 out of 1137 companies for Intrinsic Value: Projected FCF. This puts Ashland in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 1.35. Ashland's value of $61.89 is 4484.4% above this benchmark. Historically, Ashland's own Intrinsic Value: Projected FCF has ranged from 0.67 to 1.68 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.35, Ashland has consistently been above 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 Intrinsic Value: Projected FCF for a Chemicals company?
The median Intrinsic Value: Projected FCF among Chemicals companies is 1.35, based on 1,137 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashland's current Intrinsic Value: Projected FCF of $61.89 is 4484.4% above 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Ashland and its competitors. For the Chemicals industry, the median Intrinsic Value: Projected FCF is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashland's current Intrinsic Value: Projected FCF is $61.89, which is 6028% above median its own 10-year median of 1.01. 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 $68.64, compared to a current price of $74.58 — trading 8.7% above its estimated fair value. The current Intrinsic Value: Projected FCF is $61.89, which is 6028% above median its 10-year median of 1.01 and 4484.4% above the Chemicals industry median of 1.35. Ashland's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Ashland (ASH), the current Intrinsic Value: Projected FCF is $61.89 as of Aug. 11, 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 overvalued. The current stock price of $74.58 is trading 8.7% above its estimated GF Value™ of $68.64. GuruFocus considers Ashland to be Fairly Valued.

Key valuation signals for ASH:

  • Intrinsic Value: Projected FCF: $61.89 (6028% above median its 10-year median of 1.01)
  • GF Value™: $68.64 vs. price of $74.58 (8.7% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 4484.4% above the Chemicals median (#510 of 1137)

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.
75GF Score

Get the complete analysis for ASH

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

$74.58
Price
$68.64
GF Value