Advanced Drainage Systems, Inc.

Advanced Drainage Systems, Inc.

WMSยทNYSE

$132.51

-1.6%
IndustrialsConstruction

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio.

At a Glance

Live Snapshot
Market Cap$10.15B
EPS6.2800
P/E Ratio21.10
Earnings Date08/06/2026
Advanced Drainage Systems, Inc.

Advanced Drainage Systems, Inc. Fair Value Envelope

WMS ยท NYSE

Our analysis suggests that WMS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $132.51, this represents a potential HIDDEN relative to our calculated worth for Advanced Drainage Systems, Inc..

Intrinsic Value
Current Price: $132.51

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$557.4B
+ Cash & Equivalents$223.0M
Firm Value$557.6B
- Debt$1.8B
Equity Value$555.8B
/ Shares Outstanding77,763,514B
DCF Value$7.1K
UNDERVALUED BY 5294%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.3B
$2.0B
$3.0B
$4.7B
$7.2B
$11.1B
$17.2B
$26.5B
$41.0B
$63.3B
Maintenance CapEx
-$77.2M
-$119.2M
-$184.1M
-$284.4M
-$439.3M
-$678.6M
-$1.0B
-$1.6B
-$2.5B
-$3.9B
Owner Earnings
$1.2B
$1.8B
$2.8B
$4.4B
$6.8B
$10.4B
$16.1B
$24.9B
$38.5B
$59.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.1B
$1.6B
$2.3B
$3.2B
$4.6B
$6.6B
$9.4B
$13.5B
$19.3B
$27.6B
Terminal Value represents 84.0% of Enterprise Value