Ashland Inc. (ASH) vs Perimeter Solutions, SA (PRM)

Ashland Inc. and Perimeter Solutions, SA are both Specialty Chemicals companies. Perimeter Solutions, SA is the larger, with a market value of $4.6B against $3.2B — 1.5× the size. Perimeter Solutions, SA has negative trailing earnings, so its P/E is not meaningful; Ashland Inc. trades at 60.6×. Perimeter Solutions, SA grew revenue faster over the last twelve months: 24.3% against −1.39%. Ashland Inc. has the higher net margin (2.77% vs −44.9%) and the higher return on invested capital (3.05% vs −11.1%). Across the 19 metrics below, Ashland Inc. leads on 15 and Perimeter Solutions, SA on 4.

Valuation

Metric ASH PRM Specialty Chemicals median
P/E 60.58 n/m 24.83
P/S 1.72 6.28 1.46
P/B 1.67 4.66 1.76
Price to free cash flow 12.27 58.10 19.84
EV/EBITDA 12.38 n/m 13.18
EV/Sales 2.26 7.78 1.84
Earnings yield 1.65% (7.56%) 2.11%
Free cash flow yield 8.15% 1.72% 2.29%

Profitability

Metric ASH PRM Specialty Chemicals median
Gross margin 31.54% 54.70% 29.23%
Operating margin 7.44% (50.60%) 3.63%
Net margin 2.77% (44.86%) 2.89%
Free cash flow margin 14.06% 10.81% 3.78%
Return on equity 0.00% (30.87%) 3.62%
Return on assets 1.11% (11.85%) 0.35%
Return on invested capital 3.05% (11.11%) 2.75%

Growth

Metric ASH PRM Specialty Chemicals median
Revenue growth (TTM) (1.39%) 24.25% 4.51%
EPS growth (last fiscal year) (642.56%) (3,325.00%) —
Revenue growth, 5-year CAGR (1.98%) 13.97% 6.30%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASH PRM Specialty Chemicals median
Debt to equity 0.73 1.19 0.54
Current ratio 3.05 1.57 1.94
Net debt to EBITDA 6.68 (2.79) 2.03

Dividend

Metric ASH PRM Specialty Chemicals median
Dividend yield 1.77% — 1.69%
Payout ratio 0.32 0.00 0.25

Size

Metric ASH PRM Specialty Chemicals median
Market cap 3.16b 4.59b 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack