(WMS) Advanced Drainage Systems - Ratings and Ratios

Advanced Drainage Systems, Inc. (NYSE:WMS) stands as a leader in the water management sector, specializing in thermoplastic corrugated pipes and related solutions. Their diverse product range includes single, double, and triple wall corrugated polypropylene and polyethylene pipes, along with leachfield chambers and synthetic aggregate bundles. The companys offerings extend to wastewater treatment systems, septic solutions, and geosynthetic products for soil stabilization and erosion control.

Operating through distinct business segments—Pipe, International, Infiltrator, and Allied Products & Other—WMS caters to various applications across non-residential, residential, agricultural, and infrastructure markets. Their distribution network is robust, ensuring efficient supply chain management and market penetration. This strategic approach underscores their role in critical infrastructure, making them a key player in sustainable water management.

With a market capitalization of $9.124 billion, WMS presents investors with a P/E ratio of 19.68 and a forward P/E of 16.81, indicating potential growth. The P/B ratio of 5.90 and P/S of 3.13 reflect a premium valuation, supported by their strong market position and revenue streams. Since their incorporation in 1966, WMS has built a reputable legacy, headquartered in Hilliard, Ohio, and is well-positioned for continued growth in the water management industry.