Professional
Added to YB: 2025-09-23
Pitch date: 2025-06-30
WMS [bullish]
Advanced Drainage Systems, Inc.
+31.75%
current return
Author Info
No bio for this author
Company Info
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally.
Market Cap
$11.6B
Pitch Price
$113.60
Price Target
180.00 (+20%)
Dividend
0.48%
EV/EBITDA
13.64
P/E
25.53
EV/Sales
4.11
Sector
Building Products
Category
value
Madison Small Cap Fund New Position: Advanced Drainage Systems, Inc.
WMS (new position): Leading thermoplastic pipe manufacturer, 10x larger than nearest competitor in fragmented stormwater market. North America's largest materials recycling facility provides cost advantages vs concrete pipe. Strong moats: scale, distribution, recycling. Depressed markets create entry opportunity. Price target $180.
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