Advanced Drainage Systems, Inc.WMS

$147.12+7.96 (+5.72%)
NYSEIndustrials24:00 UTC

Company snapshot

Market Cap
$12B
Large-cap
+608%
2016 — today
10-Year Price
+400%
2016 — today
52-Week Range
$110.89$175.38
Current $147.12· 56%

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. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

Valuation in context

P/E ratio
27.0
Above average
Pricier than usual over the last 10 years
P/B ratio
5.9
Above average
Pricier than usual over the last 10 years
EV / EBITDA
15.1
Historically pricey
Historically pricey — last 10 years
Dividend Yield
0.5%
Below average
Below the 10-year average
PEG ratio
2.1
Near historic high
Near historic highs — last 10 years
FCF Yield
4.9%
Below average
Below the 10-year average
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