Advanced Drainage Systems Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 39.08
Dividend & Yield0.48$ (0.54%)
Beta 1.37
Market capitalization 7.29B
Operating cash flow 741.48M
ESG Scores unknown

Company description

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.

Sector: Industrials - Industry: Building Products & Equipment

Financial Ratios
Quick Ratio1.39
Working Capital0.53
Return On Equity0.27
Debt To Equity0.95
Fixed Asset Ratio0.24
Fixed Interest Cover9.79

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -16.94M 31.59M 71.24M 50.11M
Total Cashflows From Investing Activities -42.54M -1.15B -77.87M -198.83M
Net Borrowings -87.32M 836.73M -328.49M 88.1M
Total Cash From Financing Activities -117.66M 1.01B -354.58M -251.07M
Change To Operating Activities -1M -1.93M -1.21M -4.64M
Issuance Of Stock 5.91M 301.81M 7.55M 4.57M
Net Income 77.77M -193.17M 224.23M 271.33M
Change In Cash -8.7M 165.34M 20.78M -174.88M
Effect Of Exchange Rate -175k -1.95M 1.02M 129k
Total Cash From Operating Activities 151.68M 306.19M 452.22M 274.89M
Depreciation 66.72M 112.42M 128.18M 125.39M
Change To Account Receivables -17.95M 5.17M -34.76M -96.99M
Other Cashflows From Financing Activities -10.09M -34.84M -1.49M -186k
Change To Netincome 39.2M 286.03M 61.31M 102.61M
Capital Expenditures -43.41M -67.68M -78.76M -149.08M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 111.52M -177.71M 312.47M 385.1M
Net Income 77.77M -193.17M 224.23M 271.33M
Selling General Administrative 188.15M 271.14M 267.57M 307.14M
Gross Profit 326.97M 497.54M 690.28M 819.57M
Ebit 130.94M 169.39M 349M 448.45M
Operating Income 130.94M 169.39M 349M 448.45M
Interest Expense -20M -84.12M -35.66M -33.55M
Income Tax Expense 30.05M 14.09M 86.38M 110.07M
Total Revenue 1.38B 1.67B 1.98B 2.77B
Cost Of Revenue 1.06B 1.18B 1.29B 1.95B
Total Other Income ExpenseNet -19.42M -347.1M -36.52M -63.35M
Net Income From Continuing Ops 81.47M -191.8M 226.09M 275.03M
Net Income Applicable To Common Shares 70.18M -204.72M 185.39M 229.53M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 361.21M 1.56B 1.34B 1.54B
Total Stockholder Equity 384.33M 525.72M 819.78M 893.04M
Other Current Liabilities 1.76M 2.05M 4.7M 6.84M
Total Assets 1.04B 2.37B 2.41B 2.65B
Common Stock 11.44M 11.55M 11.58M 11.61M
Other Current Assets 6.09M 9.55M 10.82M 15.7M
Retained Earnings 17.58M -267.62M -75.2M 158.88M
Treasury Stock -35.73M -45.79M -35.18M -343.08M
Cash 8.89M 174.23M 195.01M 20.12M
Total Current Liabilities 206.28M 238.21M 318.27M 391.24M
Other Stockholder Equity -25.87M -35.33M -24.22M -24.39M
Property, Plant, and Equipment 398.89M 506.25M 535.51M 673.97M
Total Current Assets 466.51M 666.21M 742.98M 871.9M
Net Tangible Assets 231.44M -638.48M -261.3M -148.64M
Net Receivables 186.99M 200.03M 236.19M 341.75M
Accounts Payable 93.58M 106.71M 171.1M 224.99M


Insider Transactions

Here are the insider transactions of stock shares related to Advanced Drainage Systems Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BARBOUR D SCOTTStock Gift at price 0.00 per share.I2023-02-17Chief Executive Officer33.5k
HARVEY DARIN S.Sale at price 93.41 - 95.59 per share.D2022-12-02Officer2.32k
HARVEY DARIN S.Conversion of Exercise of derivative security at price 41.97 per share.D2022-11-30Officer2.32k
COLEMAN MICHAEL B.Stock Gift at price 0.00 per share.D2022-11-29Director161
HUEBERT MICHAEL G.Sale at price 94.02 - 96.96 per share.D2022-11-23Officer10.05k
KLEIN ROBERT MSale at price 82.36 - 83.03 per share.D2022-11-09Officer33.84k
PEREZ DE LA MESA MANUEL JPurchase at price 81.90 per share.D2022-11-07Director5k
JONES ROSS MSale at price 135.51 - 137.65 per share.I2022-09-15Director142.04k
SEETHARAM ANILSale at price 135.51 - 137.65 per share.I2022-09-15Director142.04k
BARBOUR D SCOTTStock Gift at price 0.00 per share.I2022-09-13Chief Executive Officer5k
JONES ROSS MSale at price 134.88 - 138.65 per share.I2022-09-08Director754.72k
SEETHARAM ANILSale at price 134.88 - 138.65 per share.I2022-09-08Director754.72k
BARBOUR D SCOTTStock Gift at price 0.00 per share.D2022-09-01Chief Executive Officer68.73k
FISCHER ALEXANDER RSale at price 146.71 per share.D2022-08-18Director4k
KLEIN ROBERT MSale at price 143.65 - 150.88 per share.D2022-08-17Officer20.77k
HUEBERT MICHAEL G.Conversion of Exercise of derivative security at price 13.64 per share.D2022-08-16Officer4.7k
MAKOWSKI TIM ASale at price 145.84 per share.D2022-08-12Officer5.8k
MAKOWSKI TIM AConversion of Exercise of derivative security at price 24.20 per share.D2022-08-12Officer5.8k
HARVEY DARIN S.Sale at price 147.98 per share.D2022-08-12Officer5.99k
HARVEY DARIN S.Conversion of Exercise of derivative security at price 27.44 - 27.99 per share.D2022-08-12Officer5.99k
TALLEY KEVIN CSale at price 142.67 - 143.39 per share.D2022-08-10Officer34.84k
TALLEY KEVIN CConversion of Exercise of derivative security at price 24.20 - 27.44 per share.D2022-08-10Officer34.84k
KING BRIAN WSale at price 140.98 per share.D2022-08-09Officer1.87k
KING BRIAN WConversion of Exercise of derivative security at price 54.95 per share.D2022-08-09Officer1.87k
MAKOWSKI TIM ASale at price 142.21 - 143.83 per share.D2022-08-08Officer5.2k
PEREZ DE LA MESA MANUEL JStock Award(Grant) at price 0.00 per share.D2022-07-21Director2.45k
NELSON CARL A JRStock Award(Grant) at price 0.00 per share.D2022-07-21Director2.45k
JONES ROSS MStock Award(Grant) at price 0.00 per share.D2022-07-21Director2.45k
CHAIBI ANESA TStock Award(Grant) at price 0.00 per share.D2022-07-21Director1.36k
HANEY MARK AStock Award(Grant) at price 0.00 per share.D2022-07-21Director1.36k
FRATTO TANYA D.Stock Award(Grant) at price 0.00 per share.D2022-07-21Director1.36k
EVERSOLE ROBERT MStock Award(Grant) at price 0.00 per share.D2022-07-21Director2.89k
FISCHER ALEXANDER RStock Award(Grant) at price 0.00 per share.D2022-07-21Director1.36k
SEETHARAM ANILStock Award(Grant) at price 0.00 per share.D2022-07-21Director2.45k
COLEMAN MICHAEL B.Stock Award(Grant) at price 0.00 per share.D2022-07-21Director1.36k
GAST KELLY SStock Award(Grant) at price 0.00 per share.D2022-07-21Director2.45k
TALLEY KEVIN CSale at price 90.18 - 91.15 per share.D2022-06-14Officer26.5k
TALLEY KEVIN CConversion of Exercise of derivative security at price 13.64 per share.D2022-06-14Officer46.97k
JONES ROSS MSale at price 108.33 - 113.09 per share.I2022-06-09Director312.69k
SEETHARAM ANILSale at price 108.33 - 113.09 per share.I2022-06-09Director312.69k
HARVEY DARIN S.Sale at price 112.55 per share.D2022-06-06Officer20k
COTTRILL SCOTT A.Stock Award(Grant) at price 0.00 per share.D2022-05-18Chief Financial Officer31.26k
COTTRILL SCOTT A.Stock Award(Grant) at price 0.00 per share.D2022-05-18Chief Financial Officer3.03k
KLEIN ROBERT MStock Award(Grant) at price 0.00 per share.D2022-05-18Officer17.09k
KLEIN ROBERT MStock Award(Grant) at price 0.00 per share.D2022-05-18Officer1.29k
MAKOWSKI TIM AStock Award(Grant) at price 0.00 per share.D2022-05-18Officer7.72k
MAKOWSKI TIM AStock Award(Grant) at price 0.00 per share.D2022-05-18Officer1.03k
TALLEY KEVIN CStock Award(Grant) at price 0.00 per share.D2022-05-18Officer14.51k
TALLEY KEVIN CStock Award(Grant) at price 0.00 per share.D2022-05-18Officer1.6k
BARBOUR D SCOTTStock Award(Grant) at price 0.00 per share.D2022-05-18Chief Executive Officer115.86k
BARBOUR D SCOTTStock Award(Grant) at price 0.00 per share.D2022-05-18Chief Executive Officer10.57k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Advanced Drainage Systems Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Advanced Drainage Systems Inc

Here is the result of two systematic investment strategies applied to Advanced Drainage Systems Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Advanced Drainage Systems Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Advanced Drainage Systems Inc:

Advanced Drainage Systems Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 172.72% on the backtest period.

Performance at glance

Performance

172.72 %

Latent gain

3922.24 $

Invested capital

2270.81 $

Annualized return

41.72 %
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Momentum strategy results on Advanced Drainage Systems Inc

This is the result of two momentum investment strategies applied to Advanced Drainage Systems Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Advanced Drainage Systems Inc

The following chart shows all the entries opened by the momentum investment system on Advanced Drainage Systems Inc:

Advanced Drainage Systems Inc momentum entries
  • The first momentum investment strategy would give 183.67% of return on Advanced Drainage Systems Inc. That represents 9074.97$ of latent gain with 4940.88$ of employed capital.
  • The second momentum investment strategy would give 203.66% of return on Advanced Drainage Systems Inc. That represents 5975.28$ of latent gain with 2934.02$ of employed capital.
Performance at glance (1Q Momentum)

Performance

183.67 %

Latent gain

9074.97 $

Invested capital

4940.88 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

203.66 %

Latent gain

5975.28 $

Invested capital

2934.02 $

Annualized return

55.64 %

Momentum equity curve on Advanced Drainage Systems Inc

The following chart shows the equity curve of the two momentum strategies applied to Advanced Drainage Systems Inc:

Advanced Drainage Systems Inc momentum equity

Note: the dividends potentially given by Advanced Drainage Systems Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Advanced Drainage Systems Inc

The following chart shows the employed capital evolution of the two momentum strategies on Advanced Drainage Systems Inc since the beginning:

Advanced Drainage Systems Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Advanced Drainage Systems Inc

Buy the dip entry openings on Advanced Drainage Systems Inc

Advanced Drainage Systems Inc

The performance achieved by the robo-advisor on Advanced Drainage Systems Inc is 0.0%. That represents 0.0$ of latent gain with 217.3$ of employed capital. The following chart shows Advanced Drainage Systems Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Advanced Drainage Systems Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0.0 %

Latent gain

0.0 $

Invested capital

217.3 $

Annualized return

0.0 %

Equity curve of the strategy applied to Advanced Drainage Systems Inc

The following chart shows the result of the investment strategy applied to Advanced Drainage Systems Inc:

Advanced Drainage Systems Inc

Note: the dividends potentially given by Advanced Drainage Systems Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Advanced Drainage Systems Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Advanced Drainage Systems Inc:

Advanced Drainage Systems Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Advanced Drainage Systems Inc

In this section, I will compare the three previous investment strategies applied to Advanced Drainage Systems Inc.

Equity curve comparison on Advanced Drainage Systems Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Advanced Drainage Systems Inc investment strategy comparison

Employed capital comparison on Advanced Drainage Systems Inc

Advanced Drainage Systems Inc investment comparison

Performance comparison on Advanced Drainage Systems Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 172.72% 3922.24$ 2270.81$ 41.72%
Momentum 1 quarter 183.67% 9074.97$ 4940.88$ 47.09%
Momentum 2 quarters 203.66% 5975.28$ 2934.02$ 55.64%
Non-directional 0.0% 0.0$ 217.3$ 0.0%
Annualized return comparison

Automatic investment

41.72 %

Momentum 1Q

55.64 %

Momentum 2Q

55.64 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Advanced Drainage Systems Inc:

Note: The algorithm computes the probability of correlation between Advanced Drainage Systems Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Advanced Drainage Systems Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Advanced Drainage Systems Inc
Country United States
City Hilliard
Address 4640 Trueman Boulevard
Phone 614 658 0050
Website www.adspipe.com
FullTime employees 5635
Industry Building Products & Equipment
Sector Industrials
Exchange XNYS
Ticker WMS
Market www.nyse.com

Advanced Drainage Systems Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown