Advanced Drainage Systems, Inc. (WMS) is a publicly traded company in the Basic Materials — Construction Materials industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories.
Is Advanced Drainage Systems, Inc. stock overvalued or undervalued in 2026?
As of October 2, 2026, Advanced Drainage Systems, Inc. (WMS) trades at $126.71 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Advanced Drainage Systems, Inc.
Market cap $10B · 52 weeks $125 – $175 (26 % below the high) · P/E no earnings · 2027 expected P/E 20.3× · Dividend none · Next earnings November 5, 2026 · expected EPS $1.80 · Price as of Oct 2 · accounts published Aug 6.
- Valuation: P/Sales 2.6× (no earnings).
- Balance sheet: Net debt/EBITDA 1.8× (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 5 of 7 pass
- P/B across cycles 5.5×, fails.
- FCF yield 7.5 %, borderline.
- Gross margin 36.3 %, passes.
- Net debt / EBITDA (trough) 1.8×, passes.
- Dividend coverage 10.1×, passes.
- Capex / D&A 1.2×, passes.
- Cycle-adjusted EV/EBITDA 14.0×, passes.
Against its peers (reference peers) — Advanced Drainage Systems, Inc.: P/E —; EV/EBITDA —; ROIC —; $9.7B. Owens Corning (P/E —; EV/EBITDA 22.0×; ROIC 5.6 %; $9.5B), Masco Corporation (P/E 15.7×; EV/EBITDA 11.0×; ROIC 27.2 %; $13.5B), Armstrong World Industries, Inc. (P/E 22.4×; EV/EBITDA 12.6×; ROIC 21.7 %; $6.9B).
Dividend
solid · Years raising it 3 · 5-year growth +10 % a year · Free cash flow coverage 9.8×.
Price Performance
| 1 month | -4.66% |
| 3 months | -10.77% |
| Year-to-date | -10.63% |
| 1 year | -8.53% |
| 3 years | +10.87% |
| 5 years | +14.82% |
Dividend History
Paid in the last 12 months: $0.7600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-01 | $0.2000 |
| 2026-06-01 | $0.2000 |
| 2026-03-02 | $0.1800 |
| 2025-12-01 | $0.1800 |
| 2025-08-29 | $0.1800 |
| 2025-05-30 | $0.1800 |
| 2025-02-28 | $0.1600 |
| 2024-12-02 | $0.1600 |
| 2024-08-30 | $0.1600 |
| 2024-05-31 | $0.1600 |
Amounts adjusted for stock splits.
Related companies: AWI · BAH · BLDR · CLH · CNM · MAS
Explore sector: Basic Materials · Construction Materials
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