Advanced Drainage Systems Stock Net Income
| WMS Stock | USD 156.91 4.01 2.49% |
Advanced Drainage Systems fundamentals help investors to digest information that contributes to Advanced Drainage's financial success or failures. It also enables traders to predict the movement of Advanced Stock. The fundamental analysis module provides a way to measure Advanced Drainage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advanced Drainage stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 588.1 M | 617.5 M | |
| Net Income Applicable To Common Shares | 583.1 M | 612.3 M | |
| Net Income From Continuing Ops | 582.5 M | 611.6 M | |
| Net Income Per Share | 5.54 | 5.82 | |
| Net Income Per E B T | 0.69 | 0.51 |
Advanced | Net Income |
Advanced Drainage Systems Company Net Income Analysis
Advanced Drainage's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Advanced Drainage Net Income | 511.35 M |
Most of Advanced Drainage's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Advanced Drainage Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Advanced Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Advanced Drainage is extremely important. It helps to project a fair market value of Advanced Stock properly, considering its historical fundamentals such as Net Income. Since Advanced Drainage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Advanced Drainage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Advanced Drainage's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Advanced Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Advanced Drainage Systems reported net income of 511.35 M. This is 97.09% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 10.44% higher than that of the company.
Advanced Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advanced Drainage's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advanced Drainage could also be used in its relative valuation, which is a method of valuing Advanced Drainage by comparing valuation metrics of similar companies.Advanced Drainage is currently under evaluation in net income category among related companies.
Advanced Drainage Institutional Holders
Institutional Holdings refers to the ownership stake in Advanced Drainage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advanced Drainage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advanced Drainage's value.| Shares | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | Canada Pension Plan Investment Board | 2023-12-31 | 1.2 M | Geode Capital Management, Llc | 2023-12-31 | 1.1 M | Liontrust Investment Partners Llp | 2023-12-31 | 799.5 K | Stockbridge Partners Llc | 2023-12-31 | 762.9 K | Jpmorgan Chase & Co | 2023-12-31 | 715.2 K | Citadel Advisors Llc | 2023-09-30 | 712.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 670.7 K | Blackrock Inc | 2023-12-31 | 7 M | Vanguard Group Inc | 2023-12-31 | 6.9 M |
Advanced Fundamentals
| Return On Equity | 0.49 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 13.28 B | ||||
| Shares Outstanding | 77.62 M | ||||
| Shares Owned By Insiders | 9.71 % | ||||
| Shares Owned By Institutions | 86.73 % | ||||
| Number Of Shares Shorted | 1.18 M | ||||
| Price To Earning | 40.06 X | ||||
| Price To Book | 10.60 X | ||||
| Price To Sales | 4.48 X | ||||
| Revenue | 3.07 B | ||||
| Gross Profit | 819.57 M | ||||
| EBITDA | 868.86 M | ||||
| Net Income | 511.35 M | ||||
| Cash And Equivalents | 463.7 M | ||||
| Cash Per Share | 5.55 X | ||||
| Total Debt | 1.32 B | ||||
| Debt To Equity | 1.30 % | ||||
| Current Ratio | 2.78 X | ||||
| Book Value Per Share | 15.36 X | ||||
| Cash Flow From Operations | 707.81 M | ||||
| Short Ratio | 2.30 X | ||||
| Earnings Per Share | 6.29 X | ||||
| Price To Earnings To Growth | 1.37 X | ||||
| Target Price | 177.0 | ||||
| Number Of Employees | 5.87 K | ||||
| Beta | 1.51 | ||||
| Market Capitalization | 12.49 B | ||||
| Total Asset | 2.9 B | ||||
| Retained Earnings | 626.22 M | ||||
| Working Capital | 638.69 M | ||||
| Current Asset | 439.56 M | ||||
| Current Liabilities | 252.18 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.76 % | ||||
| Net Asset | 2.9 B | ||||
| Last Dividend Paid | 0.54 |
About Advanced Drainage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advanced Drainage Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Drainage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Drainage Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Advanced Drainage Investors Sentiment
The influence of Advanced Drainage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Advanced. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Advanced Drainage's public news can be used to forecast risks associated with an investment in Advanced. The trend in average sentiment can be used to explain how an investor holding Advanced can time the market purely based on public headlines and social activities around Advanced Drainage Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Advanced Drainage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Advanced Drainage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Advanced Drainage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Advanced Drainage.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advanced Drainage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advanced Drainage's short interest history, or implied volatility extrapolated from Advanced Drainage options trading.
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Is Advanced Drainage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advanced Drainage. If investors know Advanced will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advanced Drainage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.354 | Dividend Share 0.54 | Earnings Share 6.29 | Revenue Per Share 35.932 | Quarterly Revenue Growth 0.011 |
The market value of Advanced Drainage Systems is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Drainage's value that differs from its market value or its book value, called intrinsic value, which is Advanced Drainage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advanced Drainage's market value can be influenced by many factors that don't directly affect Advanced Drainage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.