25 XP   0   0   10

Advanced Drainage Systems Inc
Buy, Hold or Sell?

Let's analyse Advanced Drainage Systems Inc together

PenkeI guess you are interested in Advanced Drainage Systems Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Advanced Drainage Systems Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Advanced Drainage Systems Inc

I send you an email if I find something interesting about Advanced Drainage Systems Inc.

Quick analysis of Advanced Drainage Systems Inc (30 sec.)










What can you expect buying and holding a share of Advanced Drainage Systems Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.53
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$15.55
Expected worth in 1 year
$17.65
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
$2.64
Return On Investment
1.5%

For what price can you sell your share?

Current Price per Share
$171.44
Expected price per share
$157.27 - $
How sure are you?
50%

1. Valuation of Advanced Drainage Systems Inc (5 min.)




Live pricePrice per Share (EOD)

$171.44

Intrinsic Value Per Share

$38.17 - $80.20

Total Value Per Share

$53.72 - $95.74

2. Growth of Advanced Drainage Systems Inc (5 min.)




Is Advanced Drainage Systems Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$1.1b-$30.6m-2.7%

How much money is Advanced Drainage Systems Inc making?

Current yearPrevious yearGrowGrow %
Making money$125.2m$116.8m$8.3m6.7%
Net Profit Margin17.4%14.3%--

How much money comes from the company's main activities?

3. Financial Health of Advanced Drainage Systems Inc (5 min.)




4. Comparing to competitors in the Building Products & Equipment industry (5 min.)




  Industry Rankings (Building Products & Equipment)  


Richest
#25 / 226

Most Revenue
#39 / 226

Most Profit
#17 / 226

What can you expect buying and holding a share of Advanced Drainage Systems Inc? (5 min.)

Welcome investor! Advanced Drainage Systems Inc's management wants to use your money to grow the business. In return you get a share of Advanced Drainage Systems Inc.

What can you expect buying and holding a share of Advanced Drainage Systems Inc?

First you should know what it really means to hold a share of Advanced Drainage Systems Inc. And how you can make/lose money.

Speculation

The Price per Share of Advanced Drainage Systems Inc is $171.44. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Advanced Drainage Systems Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Advanced Drainage Systems Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $15.55. Based on the TTM, the Book Value Change Per Share is $0.53 per quarter. Based on the YOY, the Book Value Change Per Share is $0.07 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Advanced Drainage Systems Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps1.340.8%1.570.9%1.400.8%0.750.4%0.440.3%
Usd Book Value Change Per Share0.640.4%0.530.3%0.070.0%0.460.3%0.280.2%
Usd Dividend Per Share0.140.1%0.130.1%0.120.1%0.150.1%0.140.1%
Usd Total Gains Per Share0.780.5%0.660.4%0.200.1%0.610.4%0.420.2%
Usd Price Per Share140.64-113.12-103.81-84.32-53.29-
Price to Earnings Ratio26.16-18.94-24.49-64.43-45.74-
Price-to-Total Gains Ratio180.23-67.37-440.60-89.15-224.13-
Price to Book Ratio9.05-7.93-7.36-6.61-5.65-
Price-to-Total Gains Ratio180.23-67.37-440.60-89.15-224.13-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share171.44
Number of shares5
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.130.15
Usd Book Value Change Per Share0.530.46
Usd Total Gains Per Share0.660.61
Gains per Quarter (5 shares)3.303.06
Gains per Year (5 shares)13.1912.23
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13113392
25211661814
38322992826
4114242123738
5135355154650
6166368185562
7197481216474
8218494247386
92495107288398
10271051203192110

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%34.06.00.085.0%38.07.00.084.4%
Book Value Change Per Share3.01.00.075.0%7.05.00.058.3%13.07.00.065.0%25.014.01.062.5%27.015.03.060.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%45.00.00.0100.0%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%15.05.00.075.0%32.08.00.080.0%36.09.00.080.0%

Fundamentals of Advanced Drainage Systems Inc

About Advanced Drainage Systems Inc

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the construction and agriculture marketplaces 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. In addition, it provides Presby environmental enviro-septic and advanced enviro-septic systems, alternative combined treatment and dispersal systems, PVC hubs, rubber sleeves, and stainless-steel bands. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 40 distribution centers. Advanced Drainage Systems, Inc. incorporated in 1966 and is headquartered in Hilliard, Ohio.

Fundamental data was last updated by Penke on 2024-03-18 10:04:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Advanced Drainage Systems Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Advanced Drainage Systems Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • A Net Profit Margin of 15.9% means that $0.16 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Advanced Drainage Systems Inc:

  • The MRQ is 15.9%. The company is making a huge profit. +2
  • The TTM is 17.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.9%TTM17.4%-1.4%
TTM17.4%YOY14.3%+3.1%
TTM17.4%5Y7.8%+9.6%
5Y7.8%10Y4.5%+3.4%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ15.9%4.4%+11.5%
TTM17.4%4.4%+13.0%
YOY14.3%5.7%+8.6%
5Y7.8%5.0%+2.8%
10Y4.5%4.9%-0.4%
1.1.2. Return on Assets

Shows how efficient Advanced Drainage Systems Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • 3.3% Return on Assets means that Advanced Drainage Systems Inc generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Advanced Drainage Systems Inc:

  • The MRQ is 3.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.3%TTM4.1%-0.7%
TTM4.1%YOY3.8%+0.3%
TTM4.1%5Y1.5%+2.6%
5Y1.5%10Y1.1%+0.4%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3%1.5%+1.8%
TTM4.1%1.4%+2.7%
YOY3.8%1.9%+1.9%
5Y1.5%1.6%-0.1%
10Y1.1%1.6%-0.5%
1.1.3. Return on Equity

Shows how efficient Advanced Drainage Systems Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • 8.8% Return on Equity means Advanced Drainage Systems Inc generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Advanced Drainage Systems Inc:

  • The MRQ is 8.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.8%TTM11.3%-2.5%
TTM11.3%YOY10.1%+1.2%
TTM11.3%5Y4.3%+7.0%
5Y4.3%10Y2.9%+1.4%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ8.8%3.2%+5.6%
TTM11.3%3.0%+8.3%
YOY10.1%3.5%+6.6%
5Y4.3%3.2%+1.1%
10Y2.9%3.2%-0.3%

1.2. Operating Efficiency of Advanced Drainage Systems Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Advanced Drainage Systems Inc is operating .

  • Measures how much profit Advanced Drainage Systems Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • An Operating Margin of 23.5% means the company generated $0.24  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Advanced Drainage Systems Inc:

  • The MRQ is 23.5%. The company is operating efficient. +1
  • The TTM is 24.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ23.5%TTM24.8%-1.3%
TTM24.8%YOY20.8%+4.0%
TTM24.8%5Y13.9%+10.8%
5Y13.9%10Y9.1%+4.8%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ23.5%7.4%+16.1%
TTM24.8%5.5%+19.3%
YOY20.8%7.5%+13.3%
5Y13.9%7.3%+6.6%
10Y9.1%6.7%+2.4%
1.2.2. Operating Ratio

Measures how efficient Advanced Drainage Systems Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • An Operation Ratio of 0.76 means that the operating costs are $0.76 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Advanced Drainage Systems Inc:

  • The MRQ is 0.765. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.750. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.765TTM0.750+0.014
TTM0.750YOY0.792-0.042
TTM0.7505Y0.860-0.110
5Y0.86010Y0.908-0.048
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7651.393-0.628
TTM0.7501.308-0.558
YOY0.7921.146-0.354
5Y0.8601.187-0.327
10Y0.9081.111-0.203

1.3. Liquidity of Advanced Drainage Systems Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Advanced Drainage Systems Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A Current Ratio of 3.03 means the company has $3.03 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Advanced Drainage Systems Inc:

  • The MRQ is 3.027. The company is very able to pay all its short-term debts. +2
  • The TTM is 2.844. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ3.027TTM2.844+0.183
TTM2.844YOY2.800+0.045
TTM2.8445Y2.524+0.320
5Y2.52410Y2.408+0.116
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0271.685+1.342
TTM2.8441.670+1.174
YOY2.8001.688+1.112
5Y2.5241.664+0.860
10Y2.4081.528+0.880
1.3.2. Quick Ratio

Measures if Advanced Drainage Systems Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • A Quick Ratio of 1.96 means the company can pay off $1.96 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Advanced Drainage Systems Inc:

  • The MRQ is 1.959. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.739. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.959TTM1.739+0.221
TTM1.739YOY1.606+0.133
TTM1.7395Y1.426+0.313
5Y1.42610Y1.221+0.205
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9590.739+1.220
TTM1.7390.757+0.982
YOY1.6060.827+0.779
5Y1.4260.880+0.546
10Y1.2210.855+0.366

1.4. Solvency of Advanced Drainage Systems Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Advanced Drainage Systems Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Advanced Drainage Systems Inc to Building Products & Equipment industry mean.
  • A Debt to Asset Ratio of 0.61 means that Advanced Drainage Systems Inc assets are financed with 61.4% credit (debt) and the remaining percentage (100% - 61.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Advanced Drainage Systems Inc:

  • The MRQ is 0.614. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.632. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.614TTM0.632-0.019
TTM0.632YOY0.615+0.018
TTM0.6325Y0.612+0.021
5Y0.61210Y0.632-0.020
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6140.488+0.126
TTM0.6320.489+0.143
YOY0.6150.488+0.127
5Y0.6120.514+0.098
10Y0.6320.505+0.127
1.4.2. Debt to Equity Ratio

Measures if Advanced Drainage Systems Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • A Debt to Equity ratio of 161.6% means that company has $1.62 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Advanced Drainage Systems Inc:

  • The MRQ is 1.616. The company is just able to pay all its debts with equity.
  • The TTM is 1.755. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.616TTM1.755-0.139
TTM1.755YOY1.625+0.131
TTM1.7555Y1.627+0.129
5Y1.62710Y1.996-0.369
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6160.903+0.713
TTM1.7550.968+0.787
YOY1.6250.952+0.673
5Y1.6271.106+0.521
10Y1.9961.086+0.910

2. Market Valuation of Advanced Drainage Systems Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Advanced Drainage Systems Inc generates.

  • Above 15 is considered overpriced but always compare Advanced Drainage Systems Inc to the Building Products & Equipment industry mean.
  • A PE ratio of 26.16 means the investor is paying $26.16 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Advanced Drainage Systems Inc:

  • The EOD is 31.884. Based on the earnings, the company is overpriced. -1
  • The MRQ is 26.156. Based on the earnings, the company is overpriced. -1
  • The TTM is 18.941. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD31.884MRQ26.156+5.728
MRQ26.156TTM18.941+7.215
TTM18.941YOY24.488-5.547
TTM18.9415Y64.425-45.484
5Y64.42510Y45.744+18.681
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD31.88414.393+17.491
MRQ26.15612.855+13.301
TTM18.94112.350+6.591
YOY24.48812.804+11.684
5Y64.42517.675+46.750
10Y45.74418.268+27.476
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Advanced Drainage Systems Inc:

  • The EOD is 17.951. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 14.726. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 68.259. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD17.951MRQ14.726+3.225
MRQ14.726TTM68.259-53.533
TTM68.259YOY26.965+41.293
TTM68.2595Y12.077+56.182
5Y12.07710Y4.637+7.439
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD17.9515.788+12.163
MRQ14.7265.482+9.244
TTM68.2593.859+64.400
YOY26.9654.462+22.503
5Y12.0773.607+8.470
10Y4.6374.254+0.383
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Advanced Drainage Systems Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A PB ratio of 9.05 means the investor is paying $9.05 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Advanced Drainage Systems Inc:

  • The EOD is 11.026. Based on the equity, the company is expensive. -2
  • The MRQ is 9.045. Based on the equity, the company is overpriced. -1
  • The TTM is 7.930. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD11.026MRQ9.045+1.981
MRQ9.045TTM7.930+1.116
TTM7.930YOY7.359+0.570
TTM7.9305Y6.611+1.319
5Y6.61110Y5.650+0.961
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD11.0261.759+9.267
MRQ9.0451.881+7.164
TTM7.9301.910+6.020
YOY7.3592.070+5.289
5Y6.6111.990+4.621
10Y5.6502.099+3.551
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Advanced Drainage Systems Inc.

3.1. Institutions holding Advanced Drainage Systems Inc

Institutions are holding 86.686% of the shares of Advanced Drainage Systems Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30BlackRock Inc9.32070.0237723443490570814.3111
2023-09-30Vanguard Group Inc8.86240.01926878726650380.9545
2023-12-31Baillie Gifford & Co Limited.4.35540.37683380496-139385-3.9599
2023-09-30Impax Asset Management Group PLC3.88541.53043015735-471872-13.53
2023-09-30State Street Corporation2.85930.01422193311920859.4752
2023-09-30Thrivent Financial For Lutherans2.06340.4329160151918160.1135
2023-09-30Morgan Stanley - Brokerage Accounts2.02310.0182157027820426714.9535
2023-09-30Pictet Asset Manangement SA1.97050.2147152940215294020
2023-12-31American Century Companies Inc1.82720.1371141818722370.158
2023-12-31William Blair Investment Management, LLC1.78840.56811388065-57261-3.9618
2023-09-30Amvescap Plc.1.78540.042513857801042728.1367
2023-12-31UBS Asset Mgmt Americas Inc1.6380.07031271336255042.0471
2023-12-31Canada Pension Plan Investment Board1.49230.20571158288-133000-10.2998
2023-09-30Boston Partners Global Investors, Inc1.4440.1766112076985340.7673
2023-09-30Geode Capital Management, LLC1.32390.0139102754111107912.1204
2023-09-30Liontrust Investment Partners LLP1.09341.5434848629-211063-19.9174
2023-12-31Stockbridge Partners LLC0.98292.293176289500
2023-09-30First Trust Advisors L.P.0.92920.0973721177203982.9108
2023-09-30Citadel Advisors Llc0.91830.01747127707127700
2023-09-30Amundi0.89820.0392697148-132331-15.9535
Total 51.46147.834539942506+2738198+6.9%

3.2. Funds holding Advanced Drainage Systems Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-01-31Vanguard Total Stock Mkt Idx Inv3.00260.0206233051231940.1372
2024-02-29iShares Core S&P Mid-Cap ETF2.6890.42272087084-6028-0.288
2024-01-31Vanguard Small Cap Index2.43510.1867189003851750.2746
2023-12-31Impax Water Strategy Composite1.86892.52881450556-77361-5.0632
2023-08-31Pictet-Water I EUR1.65981.91371288273-2986-0.2312
2024-01-31Vanguard Small Cap Growth Index Inv1.35810.4305105409126460.2517
2023-12-31American Century Ultra® Inv1.30640.67081014000-82000-7.4818
2023-12-31American Century US Premier Lg Cp Gr1.30640.67081014000-82000-7.4818
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.30220.13721010740-3757-0.3703
2023-12-31Thrivent Mid Cap Stock A1.08532.967784237500
2023-12-31JHancock Disciplined Value Mid Cap I1.02880.5139798519-12598-1.5532
2024-02-28iShares Global Water ETF USD Dist0.9715.63975362800
2024-01-31BNP Paribas Aqua C C0.84962.1718659455-83017-11.1812
2024-01-31BNP Paribas Aqua I0.81132.1623629734-76900-10.8826
2024-01-31SPDR® S&P MIDCAP 400 ETF Trust0.70280.3593545523-10281-1.8498
2024-02-29Invesco Water Resources ETF0.70274.373545420-684-0.1253
2023-12-31Thrivent Mid Cap Stock0.62772.958148722500
2023-12-31Eaton Vance Atlanta Capital SMID-Cap I0.6130.547747578700
2024-02-29Invesco S&P MidCap Quality ETF0.61081.95684740647380.1559
2023-12-31Impax Specialists Strategy Composite0.61051.7489473875-38983-7.6011
Total 25.54232.380319824899-464842-2.3%

3.3. Insider Transactions

Insiders are holding 9.774% of the shares of Advanced Drainage Systems Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-06Michael G HuebertSELL10000163.52
2024-02-28Ross M JonesSELL762895163
2023-11-07Robert M KleinSELL6353111.85
2023-09-14Ross M JonesSELL10000123.66
2023-09-12Ross M JonesSELL70000122.19
2023-09-12Tim A MakowskiSELL2500122.35
2023-09-07Ross M JonesSELL71474126.53
2023-09-05Ross M JonesSELL50000128.27
2023-09-01Ross M JonesSELL125000130.44
2023-08-30Ross M JonesSELL25000128.27
2023-08-25Anil SeetharamSELL50202122.9
2023-08-23Anil SeetharamSELL150000124.88
2023-08-09Robert M KleinSELL8275130.09
2023-08-07Darin S HarveySELL3323134.52
2023-06-13Tim A MakowskiSELL3000109.25
2023-06-09Michael G HuebertSELL10000105.57
2023-06-05Darin S HarveySELL7000102.65

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Advanced Drainage Systems Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.6420.526+22%0.074+765%0.459+40%0.279+130%
Book Value Per Share--15.54814.160+10%14.063+11%12.211+27%8.447+84%
Current Ratio--3.0272.844+6%2.800+8%2.524+20%2.408+26%
Debt To Asset Ratio--0.6140.632-3%0.6150%0.612+0%0.632-3%
Debt To Equity Ratio--1.6161.755-8%1.625-1%1.627-1%1.996-19%
Dividend Per Share--0.1390.134+4%0.124+12%0.153-9%0.137+1%
Eps--1.3441.573-15%1.400-4%0.752+79%0.436+208%
Free Cash Flow Per Share--2.3881.803+32%1.693+41%1.148+108%0.605+295%
Free Cash Flow To Equity Per Share--1.2040.387+211%1.339-10%1.076+12%0.564+113%
Gross Profit Margin--1.0000.975+3%1.0000%-1.419+242%1.053-5%
Intrinsic Value_10Y_max--80.196--------
Intrinsic Value_10Y_min--38.172--------
Intrinsic Value_1Y_max--5.436--------
Intrinsic Value_1Y_min--2.675--------
Intrinsic Value_3Y_max--18.314--------
Intrinsic Value_3Y_min--9.081--------
Intrinsic Value_5Y_max--33.581--------
Intrinsic Value_5Y_min--16.582--------
Market Cap13306624192.000+17%11052335040.0008998383240.000+23%8533507472.000+30%6683971126.000+65%4205841142.800+163%
Net Profit Margin--0.1590.174-8%0.143+12%0.078+103%0.045+257%
Operating Margin--0.2350.248-5%0.208+13%0.139+69%0.091+159%
Operating Ratio--0.7650.750+2%0.792-3%0.860-11%0.908-16%
Pb Ratio11.026+18%9.0457.930+14%7.359+23%6.611+37%5.650+60%
Pe Ratio31.884+18%26.15618.941+38%24.488+7%64.425-59%45.744-43%
Price Per Share171.440+18%140.640113.115+24%103.805+35%84.324+67%53.292+164%
Price To Free Cash Flow Ratio17.951+18%14.72668.259-78%26.965-45%12.077+22%4.637+218%
Price To Total Gains Ratio219.697+18%180.22767.367+168%440.604-59%89.152+102%224.133-20%
Quick Ratio--1.9591.739+13%1.606+22%1.426+37%1.221+61%
Return On Assets--0.0330.041-18%0.038-11%0.015+122%0.011+211%
Return On Equity--0.0880.113-22%0.101-13%0.043+104%0.029+201%
Total Gains Per Share--0.7800.660+18%0.198+294%0.611+28%0.416+88%
Usd Book Value--1221869000.0001127693500.000+8%1158310750.000+5%966865800.000+26%665191875.000+84%
Usd Book Value Change Per Share--0.6420.526+22%0.074+765%0.459+40%0.279+130%
Usd Book Value Per Share--15.54814.160+10%14.063+11%12.211+27%8.447+84%
Usd Dividend Per Share--0.1390.134+4%0.124+12%0.153-9%0.137+1%
Usd Eps--1.3441.573-15%1.400-4%0.752+79%0.436+208%
Usd Free Cash Flow--187638000.000142798500.000+31%141476250.000+33%91696200.000+105%48234300.000+289%
Usd Free Cash Flow Per Share--2.3881.803+32%1.693+41%1.148+108%0.605+295%
Usd Free Cash Flow To Equity Per Share--1.2040.387+211%1.339-10%1.076+12%0.564+113%
Usd Market Cap13306624192.000+17%11052335040.0008998383240.000+23%8533507472.000+30%6683971126.000+65%4205841142.800+163%
Usd Price Per Share171.440+18%140.640113.115+24%103.805+35%84.324+67%53.292+164%
Usd Profit--105639000.000125246500.000-16%116875000.000-10%61278800.000+72%34149525.000+209%
Usd Revenue--662367000.000709548000.000-7%782937250.000-15%599493600.000+10%454370075.000+46%
Usd Total Gains Per Share--0.7800.660+18%0.198+294%0.611+28%0.416+88%
 EOD+4 -4MRQTTM+24 -12YOY+23 -125Y+30 -610Y+31 -5

4.2. Fundamental Score

Let's check the fundamental score of Advanced Drainage Systems Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1531.884
Price to Book Ratio (EOD)Between0-111.026
Net Profit Margin (MRQ)Greater than00.159
Operating Margin (MRQ)Greater than00.235
Quick Ratio (MRQ)Greater than11.959
Current Ratio (MRQ)Greater than13.027
Debt to Asset Ratio (MRQ)Less than10.614
Debt to Equity Ratio (MRQ)Less than11.616
Return on Equity (MRQ)Greater than0.150.088
Return on Assets (MRQ)Greater than0.050.033
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Advanced Drainage Systems Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.195
Ma 20Greater thanMa 50165.469
Ma 50Greater thanMa 100154.117
Ma 100Greater thanMa 200140.171
OpenGreater thanClose169.630
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets3,161,959
Total Liabilities1,940,090
Total Stockholder Equity1,200,248
 As reported
Total Liabilities 1,940,090
Total Stockholder Equity+ 1,200,248
Total Assets = 3,161,959

Assets

Total Assets3,161,959
Total Current Assets1,238,422
Long-term Assets1,923,537
Total Current Assets
Cash And Cash Equivalents 560,744
Net Receivables 240,810
Inventory 405,409
Other Current Assets 31,459
Total Current Assets  (as reported)1,238,422
Total Current Assets  (calculated)1,238,422
+/-0
Long-term Assets
Property Plant Equipment 810,887
Goodwill 617,397
Intangible Assets 365,631
Long-term Assets Other 129,622
Long-term Assets  (as reported)1,923,537
Long-term Assets  (calculated)1,923,537
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities409,125
Long-term Liabilities1,530,965
Total Stockholder Equity1,200,248
Total Current Liabilities
Short-term Debt 25,119
Short Long Term Debt 12,275
Accounts payable 207,902
Other Current Liabilities 162,275
Total Current Liabilities  (as reported)409,125
Total Current Liabilities  (calculated)407,571
+/- 1,554
Long-term Liabilities
Long term Debt 1,261,742
Capital Lease Obligations 50,791
Long-term Liabilities Other 71,980
Long-term Liabilities  (as reported)1,530,965
Long-term Liabilities  (calculated)1,384,513
+/- 146,452
Total Stockholder Equity
Common Stock133,356
Retained Earnings 1,008,270
Accumulated Other Comprehensive Income -26,601
Total Stockholder Equity (as reported)1,200,248
Total Stockholder Equity (calculated)1,115,025
+/- 85,223
Other
Capital Stock133,356
Cash and Short Term Investments 560,744
Common Stock Shares Outstanding 78,586
Current Deferred Revenue13,829
Liabilities and Stockholders Equity 3,161,959
Net Debt 764,064
Net Invested Capital 2,474,265
Net Working Capital 829,297
Short Long Term Debt Total 1,324,808



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-03-31
> Total Assets 
905,028
907,739
0
0
885,948
937,595
1,012,329
1,018,224
911,635
1,041,699
1,117,865
1,106,635
1,004,827
1,117,865
1,037,648
1,037,648
1,074,628
1,046,285
1,113,329
1,110,109
1,013,234
1,043,242
1,090,906
1,094,235
1,007,040
1,042,159
1,068,415
2,295,320
2,249,175
2,369,888
2,415,031
2,373,372
2,342,436
2,413,832
2,474,618
2,506,624
2,555,759
2,649,758
3,225,363
3,177,599
3,005,658
2,901,125
3,048,669
3,137,974
3,161,959
3,161,9593,137,9743,048,6692,901,1253,005,6583,177,5993,225,3632,649,7582,555,7592,506,6242,474,6182,413,8322,342,4362,373,3722,415,0312,369,8882,249,1752,295,3201,068,4151,042,1591,007,0401,094,2351,090,9061,043,2421,013,2341,110,1091,113,3291,046,2851,074,6281,037,6481,037,6481,117,8651,004,8271,106,6351,117,8651,041,699911,6351,018,2241,012,329937,595885,94800907,739905,028
   > Total Current Assets 
0
387,421
0
0
370,456
428,499
500,728
514,917
418,164
446,731
514,366
500,859
469,247
514,366
436,763
436,763
468,513
440,566
495,849
512,338
415,356
458,453
517,760
508,960
426,388
466,513
480,655
564,220
525,785
666,211
729,364
700,579
663,534
742,978
795,596
817,573
807,019
871,898
1,401,340
1,347,880
1,157,366
1,017,489
1,168,523
1,231,916
1,238,422
1,238,4221,231,9161,168,5231,017,4891,157,3661,347,8801,401,340871,898807,019817,573795,596742,978663,534700,579729,364666,211525,785564,220480,655466,513426,388508,960517,760458,453415,356512,338495,849440,566468,513436,763436,763514,366469,247500,859514,366446,731418,164514,917500,728428,499370,45600387,4210
       Cash And Cash Equivalents 
2,082
1,361
0
0
5,335
3,931
4,720
6,581
10,753
3,623
4,847
3,481
3,623
4,847
6,555
6,555
9,168
6,450
8,717
11,183
18,407
17,587
18,394
17,612
19,758
8,891
9,357
54,207
98,312
174,233
235,210
203,883
223,996
195,009
142,833
14,005
22,173
20,125
463,696
457,357
426,690
217,128
366,104
470,409
560,744
560,744470,409366,104217,128426,690457,357463,69620,12522,17314,005142,833195,009223,996203,883235,210174,23398,31254,2079,3578,89119,75817,61218,39417,58718,40711,1838,7176,4509,1686,5556,5554,8473,6233,4814,8473,62310,7536,5814,7203,9315,335001,3612,082
       Net Receivables 
0
146,478
0
0
150,584
150,713
218,037
248,120
162,478
154,294
229,684
254,583
155,831
229,684
186,883
186,883
212,167
168,943
215,432
279,711
176,942
171,961
228,905
236,968
152,538
186,991
231,829
250,470
156,973
200,028
241,830
260,180
188,744
236,191
303,736
361,466
303,140
341,753
427,620
387,952
242,485
306,945
342,338
352,562
240,810
240,810352,562342,338306,945242,485387,952427,620341,753303,140361,466303,736236,191188,744260,180241,830200,028156,973250,470231,829186,991152,538236,968228,905171,961176,942279,711215,432168,943212,167186,883186,883229,684155,831254,583229,684154,294162,478248,120218,037150,713150,58400146,4780
       Other Current Assets 
11,135
7,173
0
0
11,689
13,555
17,000
12,848
13,984
18,972
27,829
29,509
18,972
20,858
12,859
7,573
8,460
6,743
9,512
7,161
4,962
5,113
8,740
7,219
7,641
6,091
9,185
10,629
9,153
9,552
13,085
13,248
11,934
10,817
18,314
16,858
16,188
15,696
20,532
23,400
29,162
29,422
25,450
23,855
31,459
31,45923,85525,45029,42229,16223,40020,53215,69616,18816,85818,31410,81711,93413,24813,0859,5529,15310,6299,1856,0917,6417,2198,7405,1134,9627,1619,5126,7438,4607,57312,85920,85818,97229,50927,82918,97213,98412,84817,00013,55511,689007,17311,135
   > Long-term Assets 
0
520,318
0
0
515,492
509,096
511,601
503,307
493,471
594,968
603,499
605,776
535,580
603,499
600,885
600,885
606,115
605,719
617,480
597,771
597,878
584,789
573,146
585,275
580,652
575,646
587,760
1,731,100
1,723,390
1,703,677
1,685,667
1,672,793
1,678,902
1,670,854
1,679,022
1,689,051
1,748,740
1,777,860
1,824,023
1,829,719
1,848,292
1,883,636
1,880,146
1,906,058
1,923,537
1,923,5371,906,0581,880,1461,883,6361,848,2921,829,7191,824,0231,777,8601,748,7401,689,0511,679,0221,670,8541,678,9021,672,7931,685,6671,703,6771,723,3901,731,100587,760575,646580,652585,275573,146584,789597,878597,771617,480605,719606,115600,885600,885603,499535,580605,776603,499594,968493,471503,307511,601509,096515,49200520,3180
       Property Plant Equipment 
284,731
294,901
0
0
290,498
292,082
290,761
288,170
283,104
377,067
389,283
389,826
308,531
389,283
391,744
397,409
401,822
406,858
417,635
410,271
410,534
399,381
391,710
402,238
402,819
398,891
396,280
492,017
488,386
481,380
477,100
481,947
496,052
504,275
518,229
544,187
590,949
619,383
636,042
653,432
685,496
733,059
747,312
773,993
810,887
810,887773,993747,312733,059685,496653,432636,042619,383590,949544,187518,229504,275496,052481,947477,100481,380488,386492,017396,280398,891402,819402,238391,710399,381410,534410,271417,635406,858401,822397,409391,744389,283308,531389,826389,283377,067283,104288,170290,761292,082290,49800294,901284,731
       Goodwill 
85,702
86,259
0
0
86,228
86,297
86,299
86,280
86,231
98,679
98,894
100,483
98,453
98,894
100,885
100,885
100,857
100,566
100,860
103,380
103,282
103,017
102,792
103,002
102,423
102,638
102,844
669,753
668,154
597,819
598,200
598,416
598,957
599,072
599,255
598,976
611,578
610,293
619,626
619,487
619,275
620,193
620,428
620,165
617,397
617,397620,165620,428620,193619,275619,487619,626610,293611,578598,976599,255599,072598,957598,416598,200597,819668,154669,753102,844102,638102,423103,002102,792103,017103,282103,380100,860100,566100,857100,885100,88598,89498,453100,48398,89498,67986,23186,28086,29986,29786,2280086,25985,702
       Long Term Investments 
0
0
0
0
0
0
0
0
0
25,038
0
0
0
13,188
0
0
0
8,986
0
0
13,269
12,343
11,028
10,254
10,007
10,467
10,891
0
10,600
9,250
0
0
0
11,861
0
0
0
0
0
0
0
0
0
0
0
0000000000011,8610009,25010,600010,89110,46710,00710,25411,02812,34313,269008,98600013,18800025,038000000000
       Intangible Assets 
0
94,629
0
0
69,249
81,431
63,264
60,266
57,580
65,331
55,761
63,811
63,029
55,761
67,133
67,133
57,822
51,758
50,125
48,429
46,439
44,437
42,486
40,693
38,554
37,177
35,733
501,572
498,113
555,338
537,457
519,660
501,812
482,016
466,384
450,925
447,411
431,385
449,115
435,281
421,450
407,627
394,837
382,050
365,631
365,631382,050394,837407,627421,450435,281449,115431,385447,411450,925466,384482,016501,812519,660537,457555,338498,113501,57235,73337,17738,55440,69342,48644,43746,43948,42950,12551,75857,82267,13367,13355,76163,02963,81155,76165,33157,58060,26663,26481,43169,2490094,6290
       Long-term Assets Other 
0
3,499
0
0
69,517
2,918
71,277
68,591
66,556
17,255
59,561
51,656
65,567
59,561
19,211
19,211
45,614
46,537
48,860
35,691
37,623
37,954
36,158
39,342
36,856
36,940
52,903
67,758
68,737
69,140
72,910
72,770
82,081
85,491
95,154
94,963
98,802
116,799
119,240
121,519
122,071
83,732
117,569
129,850
129,622
129,622129,850117,56983,732122,071121,519119,240116,79998,80294,96395,15485,49182,08172,77072,91069,14068,73767,75852,90336,94036,85639,34236,15837,95437,62335,69148,86046,53745,61419,21119,21159,56165,56751,65659,56117,25566,55668,59171,2772,91869,517003,4990
> Total Liabilities 
0
585,115
0
0
545,632
691,980
747,474
655,642
551,076
727,102
790,191
776,147
653,607
790,191
715,439
715,439
728,498
704,077
743,712
720,033
586,210
617,904
634,802
605,043
512,052
541,524
608,074
1,532,344
1,452,775
1,585,306
1,550,518
1,417,769
1,315,538
1,350,406
1,448,724
1,575,103
1,535,249
1,544,713
2,028,576
1,961,929
1,889,917
1,906,265
1,936,803
1,955,795
1,940,090
1,940,0901,955,7951,936,8031,906,2651,889,9171,961,9292,028,5761,544,7131,535,2491,575,1031,448,7241,350,4061,315,5381,417,7691,550,5181,585,3061,452,7751,532,344608,074541,524512,052605,043634,802617,904586,210720,033743,712704,077728,498715,439715,439790,191653,607776,147790,191727,102551,076655,642747,474691,980545,63200585,1150
   > Total Current Liabilities 
168,420
167,145
0
0
162,359
164,592
182,234
190,546
140,240
197,594
207,532
228,459
173,117
207,532
241,628
241,628
236,584
255,754
228,811
226,531
197,568
221,243
233,421
220,797
190,055
206,285
243,983
241,348
222,085
238,213
258,901
282,491
277,559
318,270
407,450
413,839
364,084
391,241
504,758
439,300
370,280
378,802
419,587
427,867
409,125
409,125427,867419,587378,802370,280439,300504,758391,241364,084413,839407,450318,270277,559282,491258,901238,213222,085241,348243,983206,285190,055220,797233,421221,243197,568226,531228,811255,754236,584241,628241,628207,532173,117228,459207,532197,594140,240190,546182,234164,592162,35900167,145168,420
       Short-term Debt 
0
11,942
0
0
8,240
11,153
11,667
11,148
11,700
9,580
10,215
35,850
9,580
27,876
55,101
35,870
56,752
59,239
49,247
48,767
49,487
48,855
48,410
49,365
49,519
49,049
48,634
28,750
29,367
28,337
27,549
26,319
25,957
26,318
25,934
24,467
25,931
24,540
23,340
22,123
22,157
23,234
24,253
24,648
25,119
25,11924,64824,25323,23422,15722,12323,34024,54025,93124,46725,93426,31825,95726,31927,54928,33729,36728,75048,63449,04949,51949,36548,41048,85549,48748,76749,24759,23956,75235,87055,10127,8769,58035,85010,2159,58011,70011,14811,66711,1538,2400011,9420
       Short Long Term Debt 
0
0
0
0
0
23,517
0
0
0
9,730
0
0
0
36,122
56,752
57,137
57,084
37,789
488,480
26,818
26,833
26,848
26,623
26,395
26,165
25,932
25,939
6,195
7,954
7,955
7,963
7,000
7,000
7,000
7,000
7,000
20,764
19,451
18,113
16,765
15,601
14,693
13,806
12,950
12,275
12,27512,95013,80614,69315,60116,76518,11319,45120,7647,0007,0007,0007,0007,0007,9637,9557,9546,19525,93925,93226,16526,39526,62326,84826,83326,818488,48037,78957,08457,13756,75236,1220009,73000023,51700000
       Accounts payable 
110,070
110,251
0
0
86,368
108,111
123,189
113,530
70,197
172,283
181,279
176,617
111,351
109,163
119,606
168,145
112,646
121,922
107,131
93,944
71,591
105,521
102,884
95,861
66,361
93,577
106,413
111,450
78,292
106,710
96,654
114,030
108,368
171,098
229,300
257,576
195,471
224,986
274,606
236,603
174,106
210,111
205,591
223,536
207,902
207,902223,536205,591210,111174,106236,603274,606224,986195,471257,576229,300171,098108,368114,03096,654106,71078,292111,450106,41393,57766,36195,861102,884105,52171,59193,944107,131121,922112,646168,145119,606109,163111,351176,617181,279172,28370,197113,530123,189108,11186,36800110,251110,070
       Other Current Liabilities 
37,008
44,952
0
0
83
45,328
47,378
65,868
58,343
54,349
16,320
19,143
60,390
70,493
66,921
14,344
13,953
11,926
72,433
83,820
76,490
66,867
82,127
75,571
74,175
63,659
88,936
101,148
114,426
95,409
134,698
142,142
143,234
111,859
152,216
131,796
142,682
141,715
206,812
180,574
174,017
145,457
137,511
158,784
162,275
162,275158,784137,511145,457174,017180,574206,812141,715142,682131,796152,216111,859143,234142,142134,69895,409114,426101,14888,93663,65974,17575,57182,12766,86776,49083,82072,43311,92613,95314,34466,92170,49360,39019,14316,32054,34958,34365,86847,37845,328830044,95237,008
   > Long-term Liabilities 
0
417,970
0
0
383,273
527,388
565,240
465,096
410,836
529,508
590,550
546,025
480,490
582,659
473,811
473,811
491,914
448,323
514,901
493,502
388,642
396,661
401,381
384,246
321,997
335,239
364,091
1,290,996
1,230,690
1,347,093
1,291,617
1,135,278
1,037,979
1,032,136
1,041,274
1,161,264
1,171,165
1,153,472
1,523,818
1,522,629
1,519,637
1,527,463
1,517,216
1,527,928
1,530,965
1,530,9651,527,9281,517,2161,527,4631,519,6371,522,6291,523,8181,153,4721,171,1651,161,2641,041,2741,032,1361,037,9791,135,2781,291,6171,347,0931,230,6901,290,996364,091335,239321,997384,246401,381396,661388,642493,502514,901448,323491,914473,811473,811582,659480,490546,025590,550529,508410,836465,096565,240527,388383,27300417,9700
       Long term Debt Total 
0
0
0
0
0
0
524,210
435,672
374,556
435,818
488,269
447,271
357,830
372,154
398,361
371,882
324,989
369,559
439,233
418,981
325,940
330,863
335,949
314,807
264,305
270,157
230,337
1,043,154
991,267
1,089,368
1,037,470
885,528
783,874
782,220
780,565
901,511
931,765
908,705
1,279,176
1,275,211
1,272,040
1,269,391
1,266,797
1,295,926
0
01,295,9261,266,7971,269,3911,272,0401,275,2111,279,176908,705931,765901,511780,565782,220783,874885,5281,037,4701,089,368991,2671,043,154230,337270,157264,305314,807335,949330,863325,940418,981439,233369,559324,989371,882398,361372,154357,830447,271488,269435,818374,556435,672524,210000000
       Capital Lease Obligations Min Short Term Debt
0
-11,942
0
0
-8,240
-11,153
31,328
38,089
36,131
35,923
46,300
21,736
46,685
28,933
8,130
23,300
-1,151
-529
12,274
12,167
15,472
11,108
8,978
12,918
14,022
12,506
30,429
46,551
40,650
44,303
32,648
30,016
27,007
25,964
28,241
28,149
-7,410
6,145
-6,684
-2,872
-1,030
17,579
14,989
18,779
25,672
25,67218,77914,98917,579-1,030-2,872-6,6846,145-7,41028,14928,24125,96427,00730,01632,64844,30340,65046,55130,42912,50614,02212,9188,97811,10815,47212,16712,274-529-1,15123,3008,13028,93346,68521,73646,30035,92336,13138,08931,328-11,153-8,24000-11,9420
       Warrants
0
0
0
0
0
0
1,008,329
326,623
110,795
108,021
106,968
111,074
111,252
111,747
111,471
111,768
112,637
112,825
110,584
110,900
110,104
109,550
108,039
108,709
102,137
102,322
248,157
251,220
250,425
247,097
249,924
246,093
241,539
229,911
219,590
221,518
205,742
195,384
188,828
159,928
157,128
153,220
148,397
0
0
00148,397153,220157,128159,928188,828195,384205,742221,518219,590229,911241,539246,093249,924247,097250,425251,220248,157102,322102,137108,709108,039109,550110,104110,900110,584112,825112,637111,768111,471111,747111,252111,074106,968108,021110,795326,6231,008,329000000
       Long-term Liabilities Other 
0
0
0
0
0
0
31,874
27,319
28,346
28,602
41,169
40,883
37,464
37,921
40,185
32,147
31,070
26,530
23,484
22,868
22,681
25,023
22,950
24,721
22,220
19,119
85,009
89,763
82,716
82,109
80,877
77,567
86,460
87,731
62,480
96,515
67,257
76,332
77,901
82,473
84,338
99,016
91,477
72,942
71,980
71,98072,94291,47799,01684,33882,47377,90176,33267,25796,51562,48087,73186,46077,56780,87782,10982,71689,76385,00919,11922,22024,72122,95025,02322,68122,86823,48426,53031,07032,14740,18537,92137,46440,88341,16928,60228,34627,31931,874000000
       Deferred Long Term Liability 
0
0
0
0
0
66,333
64,497
60,401
59,084
65,088
61,112
57,871
55,739
63,952
52,545
54,602
52,159
44,007
43,753
42,971
31,021
32,304
34,008
35,750
35,472
45,963
48,745
158,079
156,707
175,616
173,270
172,183
167,645
162,185
162,988
163,238
172,143
168,435
166,741
164,945
163,259
159,056
158,942
0
0
00158,942159,056163,259164,945166,741168,435172,143163,238162,988162,185167,645172,183173,270175,616156,707158,07948,74545,96335,47235,75034,00832,30431,02142,97143,75344,00752,15954,60252,54563,95255,73957,87161,11265,08859,08460,40164,49766,33300000
> Total Stockholder Equity
0
299,359
0
0
318,197
223,039
242,297
340,696
340,071
190,163
177,031
183,210
331,213
311,517
307,176
230,695
331,711
327,301
353,331
374,184
412,314
408,675
440,518
472,402
482,095
486,649
447,283
749,398
781,847
772,820
852,230
942,613
1,013,744
1,049,695
1,011,369
916,737
1,005,141
1,088,423
1,178,824
1,198,341
1,098,126
977,367
1,093,069
1,162,762
1,200,248
1,200,2481,162,7621,093,069977,3671,098,1261,198,3411,178,8241,088,4231,005,141916,7371,011,3691,049,6951,013,744942,613852,230772,820781,847749,398447,283486,649482,095472,402440,518408,675412,314374,184353,331327,301331,711230,695307,176311,517331,213183,210177,031190,163340,071340,696242,297223,039318,19700299,3590
   Common Stock
11,957
11,957
0
0
11,957
11,957
11,957
12,393
12,393
12,393
12,393
12,393
12,393
12,393
12,393
12,393
12,393
12,393
12,393
12,393
11,424
11,426
11,431
11,433
11,433
11,436
11,439
11,545
11,549
11,555
11,557
11,562
11,567
11,578
11,589
11,590
11,601
11,612
11,623
171,570
11,645
11,647
160,051
145,012
133,356
133,356145,012160,05111,64711,645171,57011,62311,61211,60111,59011,58911,57811,56711,56211,55711,55511,54911,54511,43911,43611,43311,43311,43111,42611,42412,39312,39312,39312,39312,39312,39312,39312,39312,39312,39312,39312,39312,39311,95711,95711,9570011,95711,957
   Retained Earnings 
109,488
87,331
0
0
42,159
-2,412
-91,219
-40,900
-46,608
-62,621
-54,933
-47,055
-62,621
-54,933
-63,396
-63,396
-42,858
-83,678
-70,289
-56,746
-29,007
-39,214
-11,976
11,631
22,017
17,582
-278,727
-277,725
-261,986
-267,619
-205,669
-133,011
-86,903
-75,202
-8,666
57,386
121,918
158,876
335,822
477,790
550,011
626,215
788,780
913,551
1,008,270
1,008,270913,551788,780626,215550,011477,790335,822158,876121,91857,386-8,666-75,202-86,903-133,011-205,669-267,619-261,986-277,725-278,72717,58222,01711,631-11,976-39,214-29,007-56,746-70,289-83,678-42,858-63,396-63,396-54,933-62,621-47,055-54,933-62,621-46,608-40,900-91,219-2,41242,1590087,331109,488
   Capital Surplus 
0
0
0
0
0
0
0
689,980
693,799
700,977
728,646
733,511
736,376
739,097
746,054
748,177
749,684
755,787
774,874
778,548
357,684
364,908
375,215
381,475
383,300
391,039
501,046
800,947
817,028
827,573
839,765
859,254
882,843
918,587
950,963
968,198
1,008,610
1,065,628
1,079,701
1,119,453
1,128,915
1,134,864
1,147,449
1,173,574
0
01,173,5741,147,4491,134,8641,128,9151,119,4531,079,7011,065,6281,008,610968,198950,963918,587882,843859,254839,765827,573817,028800,947501,046391,039383,300381,475375,215364,908357,684778,548774,874755,787749,684748,177746,054739,097736,376733,511728,646700,977693,799689,9800000000
   Treasury Stock000-920,999000-318,691-316,049-315,935-139,313-10,959-10,949-10,859-10,853-10,461-10,200-10,162-10,162-9,863-9,117-9,035-9,033-8,277-7,958-442,787-443,561-436,984-437,990-438,404-439,009-440,995-441,822-442,418-443,660-445,065-446,479-447,674-447,992-448,439000-448,571-449,583
   Other Stockholders Equity 
0
-81,620
0
0
-37,378
-74,661
-21,667
51,063
62,385
-15,521
-14,430
-23,683
73,644
50,822
69,200
-24,362
77,544
120,587
135,109
141,569
157,546
166,463
178,410
187,064
191,203
200,860
459,225
762,220
781,357
794,680
809,307
831,616
857,942
896,595
802,708
645,249
687,415
746,937
-319,156
422,828
409,213
213,865
-763,381
-883,893
-981,669
-981,669-883,893-763,381213,865409,213422,828-319,156746,937687,415645,249802,708896,595857,942831,616809,307794,680781,357762,220459,225200,860191,203187,064178,410166,463157,546141,569135,109120,58777,544-24,36269,20050,82273,644-23,683-14,430-15,52162,38551,063-21,667-74,661-37,37800-81,6200



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue3,071,121
Cost of Revenue-1,952,713
Gross Profit1,118,4081,118,408
 
Operating Income (+$)
Gross Profit1,118,408
Operating Expense-394,701
Operating Income719,310723,707
 
Operating Expense (+$)
Research Development0
Selling General Administrative339,504
Selling And Marketing Expenses8,500
Operating Expense394,701348,004
 
Net Interest Income (+$)
Interest Income9,782
Interest Expense-70,182
Other Finance Cost-9,782
Net Interest Income-70,182
 
Pretax Income (+$)
Operating Income719,310
Net Interest Income-70,182
Other Non-Operating Income Expenses12,814
Income Before Tax (EBT)657,100781,520
EBIT - interestExpense = 649,128
657,675
577,268
Interest Expense70,182
Earnings Before Interest and Taxes (EBIT)719,310727,282
Earnings Before Interest and Taxes (EBITDA)868,856
 
After tax Income (+$)
Income Before Tax657,100
Tax Provision-150,589
Net Income From Continuing Ops506,511506,511
Net Income507,086
Net Income Applicable To Common Shares507,086
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,347,414
Total Other Income/Expenses Net-62,21057,368
 

Technical Analysis of Advanced Drainage Systems Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Advanced Drainage Systems Inc. The general trend of Advanced Drainage Systems Inc is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Advanced Drainage Systems Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Advanced Drainage Systems Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 168.44 > 158.41 > 157.27.

Tweet this
Advanced Drainage Systems Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Advanced Drainage Systems Inc. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Advanced Drainage Systems Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Advanced Drainage Systems Inc. The current macd is 4.12570756.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Advanced Drainage Systems Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Advanced Drainage Systems Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Advanced Drainage Systems Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Advanced Drainage Systems Inc Daily Moving Average Convergence/Divergence (MACD) ChartAdvanced Drainage Systems Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Advanced Drainage Systems Inc. The current adx is 27.09.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Advanced Drainage Systems Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Advanced Drainage Systems Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Advanced Drainage Systems Inc. The current sar is 162.94.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Advanced Drainage Systems Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Advanced Drainage Systems Inc. The current rsi is 64.19. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Advanced Drainage Systems Inc Daily Relative Strength Index (RSI) ChartAdvanced Drainage Systems Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Advanced Drainage Systems Inc. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Advanced Drainage Systems Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Advanced Drainage Systems Inc Daily Stochastic Oscillator ChartAdvanced Drainage Systems Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Advanced Drainage Systems Inc. The current cci is 110.52.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Advanced Drainage Systems Inc Daily Commodity Channel Index (CCI) ChartAdvanced Drainage Systems Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Advanced Drainage Systems Inc. The current cmo is 29.12.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Advanced Drainage Systems Inc Daily Chande Momentum Oscillator (CMO) ChartAdvanced Drainage Systems Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Advanced Drainage Systems Inc. The current willr is -27.1048951.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Advanced Drainage Systems Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Advanced Drainage Systems Inc Daily Williams %R ChartAdvanced Drainage Systems Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Advanced Drainage Systems Inc.

Advanced Drainage Systems Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Advanced Drainage Systems Inc. The current atr is 4.28070816.

Advanced Drainage Systems Inc Daily Average True Range (ATR) ChartAdvanced Drainage Systems Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Advanced Drainage Systems Inc. The current obv is -5,830,594.

Advanced Drainage Systems Inc Daily On-Balance Volume (OBV) ChartAdvanced Drainage Systems Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Advanced Drainage Systems Inc. The current mfi is 60.20.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Advanced Drainage Systems Inc Daily Money Flow Index (MFI) ChartAdvanced Drainage Systems Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Advanced Drainage Systems Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside

6.3. Candlestick Patterns

Advanced Drainage Systems Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Advanced Drainage Systems Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.195
Ma 20Greater thanMa 50165.469
Ma 50Greater thanMa 100154.117
Ma 100Greater thanMa 200140.171
OpenGreater thanClose169.630
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Advanced Drainage Systems Inc with someone you think should read this too:
  • Are you bullish or bearish on Advanced Drainage Systems Inc? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Advanced Drainage Systems Inc? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Advanced Drainage Systems Inc

I send you an email if I find something interesting about Advanced Drainage Systems Inc.


Comments

How you think about this?

Leave a comment

Stay informed about Advanced Drainage Systems Inc.

Receive notifications about Advanced Drainage Systems Inc in your mailbox!