Ash.Ax
ASH.AX operates in the Employment Services industry, providing staffing and recruitment services to clients across various sectors.
Business. ASH.AX operates in the Employment Services industry, providing staffing and recruitment services to clients across various sectors.
Analyst recommendations
12 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsFY 2026 earnings (expected)2026-11-09 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Ashland Inc (ASH.O) has undergone a significant update to its risk assessment profile, with dilution risk now explicitly classified as "low" and liquidity risk designated as "medium." These new field assignments provide a clearer baseline for evaluating the company's capital structure stability and cash flow management capabilities, replacing previous undefined states with actionable risk metrics. Concurrently, the company's taxonomy classification for both activity and economic sector has been updated to "Unclassified." This change, marked with medium severity, indicates a gap in specific sectoral categorization that may require further clarification for investors relying on standardized industry benchmarks for comparative analysis. The AI analysis narrative has also been revised, reflecting an updated thesis on the company's operational and financial outlook. This modification suggests a shift in the qualitative assessment of Ashland's strategic positioning, though specific details of the narrative change are not elaborated in the current data set. With 32 top holders identified and no current analyst or index membership counts reported, the updated risk and classification data serves as a foundational layer for stakeholder evaluation. The combination of low dilution risk and medium liquidity risk offers a nuanced view of Ashland's financial health, while the unclassified taxonomy highlights areas where further data granularity may be needed for comprehensive investment decision-making.
Signals & dispatch
Composite-score breakdown
Synthesis
ASH.AX operates in the Employment Services industry, providing staffing and recruitment services to clients across various sectors.
ASH.AX has a market capitalization of $31.94 million and a price-to-earnings ratio of 14.71, indicating a moderate valuation relative to its earnings. The company's price-to-book ratio of 1.03 suggests that the market value is closely aligned with its book value. The enterprise value to EBITDA ratio of 8.76 indicates that the company is valued at a relatively low multiple of its earnings before interest, taxes, depreciation, and amortization. The company's liquidity position is characterized as medium, with a current ratio of 1.06, suggesting that it has a slight buffer to cover its short-term liabilities.
In terms of profitability, ASH.AX has a return on equity of 6.98% and a return on assets of 2.51%, which are below the industry median for Employment Services. The company's operating income of $5.3 million and net income of $2.17 million indicate a modest profit margin. The debt-to-equity ratio of 0.46 suggests that the company is not heavily leveraged, which is a positive sign for financial stability.
ASH.AX's revenue is concentrated in a single business segment, with no disclosed geographic diversification. The company's revenue of $515.94 million is derived from staffing and recruitment services, with no significant diversification into other product lines or markets. The lack of geographic diversification may expose the company to regional economic fluctuations.
The company's growth trajectory is expected to remain stable, with no significant changes in revenue or earnings projected for the next fiscal year. The capital expenditure of -$877,000 indicates that the company is generating more cash from operations than it is investing in new assets. The free cash flow of $3.56 million suggests that the company has sufficient liquidity to fund operations and potentially return value to shareholders.
The risk assessment for ASH.AX indicates a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could impact its ability to fund operations without external financing. The dilution risk is low, with no significant dilution expected in the near term. The company's financial structure and performance suggest that it is not currently facing significant financial distress.
Recent events and filings for ASH.AX have not indicated any material changes in the company's operations or financial position. The company's financial statements and disclosures have not revealed any significant risks or liabilities that would impact its future performance.
Ashland Inc (ASH.O) has undergone a significant update to its risk assessment profile, with dilution risk now explicitly classified as "low" and liquidity risk designated as "medium." These new field assignments provide a clearer baseline for evaluating the company's capital structure stability and cash flow management capabilities, replacing previous undefined states with actionable risk metrics. Concurrently, the company's taxonomy classification for both activity and economic sector has been updated to "Unclassified." This change, marked with medium severity, indicates a gap in specific sectoral categorization that may require further clarification for investors relying on standardized industry benchmarks for comparative analysis. The AI analysis narrative has also been revised, reflecting an updated thesis on the company's operational and financial outlook. This modification suggests a shift in the qualitative assessment of Ashland's strategic positioning, though specific details of the narrative change are not elaborated in the current data set. With 32 top holders identified and no current analyst or index membership counts reported, the updated risk and classification data serves as a foundational layer for stakeholder evaluation. The combination of low dilution risk and medium liquidity risk offers a nuanced view of Ashland's financial health, while the unclassified taxonomy highlights areas where further data granularity may be needed for comprehensive investment decision-making.
- ASH.AX is moderately valued with a price-to-earnings ratio of 14.71 and a price-to-book ratio of 1.03.
- The company's return on equity of 6.98% is below the industry median for Employment Services.
- ASH.AX's revenue is concentrated in a single business segment with no geographic diversification.
- The company's liquidity position is characterized as medium, with a current ratio of 1.06.
- ASH.AX has a low dilution risk and a negative net cash position after subtracting total debt.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- SVP and CTO · Stock Appreciation Rights → Common StockDisposed 9 793 @ $57,96exercise · 2026-07-29
- SVP and GM, Life Sciences · Restricted Stock Unit → Common StockDisposed 3 215exercise · 2026-07-27
- Director · Common Stock Units → Common StockAcquired 379grant · 2026-06-30
- Director · Common Stock Units → Common StockAcquired 218grant · 2026-06-30
- Director · Restricted Stock Units → Common StockAcquired 1 741grant · 2026-05-15
- SVP and GM, Personal Care · Restricted Stock Unit → Common StockDisposed 4 310exercise · 2026-05-08
- Director · Common Stock Units → Common StockAcquired 450grant · 2026-03-31
- Director · Common Stock Units → Common StockAcquired 258grant · 2026-03-31
- Director, Chair of the Board and CEO · Restricted Stock Units → Common StockAcquired 32 096grant · 2026-02-06
- Director · Restricted Stock Units → Common StockAcquired 2 113exercise · 2026-01-21
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Restricted Stock Units → Common StockAcquired 2 449grant · 2026-01-20
- Director · Common Stock Units → Common StockAcquired 426grant · 2025-12-31
- Director · Common Stock Units → Common StockAcquired 245grant · 2025-12-31
- SVP & GM, Specialty Additives · Restricted Stock Units → Common StockAcquired 4 250grant · 2025-11-19
- SVP and GM, Life Sciences · Restricted Stock Units → Common StockAcquired 6 136grant · 2025-11-19
- SVP and GM, Life Sciences · Stock Appreciation Rights → Common StockAcquired 13 807 @ $50,58grant · 2025-11-19
- SVP, Gen Counsel and Secrty. · Restricted Stock Units → Common StockAcquired 3 965grant · 2025-11-19
- SVP, Gen Counsel and Secrty. · Stock Appreciation Rights → Common StockAcquired 8 922 @ $50,58grant · 2025-11-19
- Director, Chair of the Board and CEO · Restricted Stock Units → Common StockAcquired 43 495grant · 2025-11-19
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- ASH.AX Market data — financials · 2026-05-27
Ownership & reference
Insider activity
- SVP and CTO · Common StockOther 1 267 @ $57,96$73K · 2026-07-29
- SVP and GM, Life Sciences · Common StockOther 884 @ $66,38$59K · 2026-07-27
- SVP and GM, Life Sciences · Common StockOther 3 215 @ $66,38$213K · 2026-07-27
- SVP and GM, Personal Care · Common StockOther 1 346 @ $55,01$74K · 2026-05-08
- SVP and GM, Personal Care · Common StockOther 4 310 @ $55,01$237K · 2026-05-08
- Director · Common StockOther 2 113 · 2026-01-21
- Director, Chair of the Board and CEO · Common StockOther 6 122 @ $49,60$304K · 2025-11-17
- Director, Chair of the Board and CEO · Common StockOther 2 563 @ $49,60$127K · 2025-11-17
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -27.5%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 38.8%Derived (calculated)
- Current ratio (FY 2025-12-31): 3.15xDerived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -13.6%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 5.6%Derived (calculated)
- Total assets (annual): USD 4.52BSEC XBRL filing
- Shareholders' equity (annual): USD 1.88BSEC XBRL filing
- Current assets (annual): USD 1.15BSEC XBRL filing
- Current liabilities (annual): USD 366MSEC XBRL filing
- Long-term debt (annual): USD 1.39BSEC XBRL filing
- Cash & equivalents (annual): USD 304MSEC XBRL filing
- Gross profit (YoY) (2025-09-30 vs 2024-09-30): -11.2%Derived (calculated)
- Gross margin (FY 2025-09-30): 30.1%Derived (calculated)
- Capex (YoY) (2025-09-30 vs 2024-09-30): -28.5%Derived (calculated)
- Cost of revenue (YoY) (2025-09-30 vs 2024-09-30): -14.7%Derived (calculated)
- EPS (basic) (YoY) (2025-09-30 vs 2024-09-30): -636.2%Derived (calculated)
- EPS (diluted) (YoY) (2025-09-30 vs 2024-09-30): -642.6%Derived (calculated)
- Operating income (YoY) (2025-09-30 vs 2024-09-30): -2,880.8%Derived (calculated)
- R&D expense (YoY) (2025-09-30 vs 2024-09-30): -1.8%Derived (calculated)
- Revenue (YoY) (2025-09-30 vs 2024-09-30): -13.7%Derived (calculated)
- EPS (diluted) (annual): USD-PER-SHARES -18SEC XBRL filing
- Cost of revenue (annual): USD 1.27BSEC XBRL filing
- Pre-tax income (annual): USD -809MSEC XBRL filing
- R&D expense (annual): USD 54MSEC XBRL filing