ASHAshland Inc.

$68.07+27% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 33 out of 100, Below average
Today's price. Only valuation depends on it.

Below average. Ashland Inc. scores higher than 28% of the 1,794 companies Ryufin scores.

Carried by capital allocation and earnings quality, held back by valuation and return on capital.

Basic Materials median 54 · all companies 50

Valuation

26% of the score

26median 13

Ashland Inc. is valued at 20.6x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

25x
20x
15x
10x
6x
20.6x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

0median 34

Over 7 years the business earned -1.4% a year after tax on the capital it uses.

2%
8%
15%
25%
-1.4%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest -18%

Return on new capital

16% of the score

0median 49

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score

100median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 5.5% a year over 5 years: buybacks
100
5%
-3%
-5.5%
0 pointsfull points
Assets against salesAssets grew -7.7% a year, sales -2%
100
12%
-2%
-5.7%
0 pointsfull points

Cycle position

12% of the score

42median 62

Today's operating margin of 7.4% is 1.29x its normal 5.8%: above its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1.3x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 7.4%

Balance sheet

8% of the score

21median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA3.1x a year of EBITDA
34
4.5x
0.5x
3.1x
0 pointsfull points
Interest coverOperating profit covers interest 2x
7
1.5x
12x
2.2x
0 pointsfull points

Earnings quality

6% of the score

100median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

AccrualsCash ran ahead of profit by 19.1% of assets
100
8%
0%
-8%
-19%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.