ARDMORE SHIPPING CORP (ASC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASC - MHY0207T1001 - Common Stock
11.76 USD
-0.15 (-1.26%)
We assign a fundamental rating of 4 out of 10 to ASC. ASC was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. ASC has an excellent financial health rating, but there are some minor concerns on its profitability. ASC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- ASC had positive earnings in the past year.
- In the past year ASC had a positive cash flow from operations.
- In multiple years ASC reported negative net income over the last 5 years.
- Of the past 5 years ASC 4 years had a positive operating cash flow.
1.2 Ratios
- ASC has a Return On Assets of 3.98%. This is comparable to the rest of the industry: ASC outperforms 56.73% of its industry peers.
- ASC has a Return On Equity (4.85%) which is comparable to the rest of the industry.
- The Return On Invested Capital of ASC (4.51%) is worse than 60.10% of its industry peers.
- ASC had an Average Return On Invested Capital over the past 3 years of 16.40%. This is significantly below the industry average of 21.83%.
- The 3 year average ROIC (16.40%) for ASC is well above the current ROIC(4.51%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.98% | ||
| ROE | 4.85% | ||
| ROIC | 4.51% |
ROA(3y)17.77%
ROA(5y)9.45%
ROE(3y)22.22%
ROE(5y)10.64%
ROIC(3y)16.4%
ROIC(5y)N/A
1.3 Margins
- ASC has a Profit Margin of 10.29%. This is comparable to the rest of the industry: ASC outperforms 56.25% of its industry peers.
- ASC's Operating Margin of 14.28% is in line compared to the rest of the industry. ASC outperforms 47.60% of its industry peers.
- In the last couple of years the Operating Margin of ASC has grown nicely.
- The Gross Margin of ASC (41.93%) is comparable to the rest of the industry.
- ASC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.28% | ||
| PM (TTM) | 10.29% | ||
| GM | 41.93% |
OM growth 3YN/A
OM growth 5Y35.03%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y32.83%
GM growth 5Y11.07%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ASC is creating value.
- ASC has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ASC has more shares outstanding
- The debt/assets ratio for ASC has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.05 indicates that ASC is not in any danger for bankruptcy at the moment.
- ASC's Altman-Z score of 3.05 is amongst the best of the industry. ASC outperforms 82.69% of its industry peers.
- ASC has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.18, ASC is in the better half of the industry, outperforming 75.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.05 |
ROIC/WACC0.52
WACC8.66%
2.3 Liquidity
- ASC has a Current Ratio of 4.46. This indicates that ASC is financially healthy and has no problem in meeting its short term obligations.
- ASC has a better Current ratio (4.46) than 87.50% of its industry peers.
- A Quick Ratio of 4.08 indicates that ASC has no problem at all paying its short term obligations.
- ASC has a better Quick ratio (4.08) than 86.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.46 | ||
| Quick Ratio | 4.08 |
3. Growth
3.1 Past
- The earnings per share for ASC have decreased strongly by -68.07% in the last year.
- Looking at the last year, ASC shows a small growth in Revenue. The Revenue has grown by 2.48% in the last year.
- ASC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.02% yearly.
EPS 1Y (TTM)-68.07%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)2.48%
Revenue growth 3Y28.22%
Revenue growth 5Y12.02%
Sales Q2Q%-39.94%
3.2 Future
- Based on estimates for the next years, ASC will show a very negative growth in Earnings Per Share. The EPS will decrease by -28.97% on average per year.
- Based on estimates for the next years, ASC will show a very negative growth in Revenue. The Revenue will decrease by -14.06% on average per year.
EPS Next Y-62.66%
EPS Next 2Y-37.39%
EPS Next 3Y-28.97%
EPS Next 5YN/A
Revenue Next Year-15.65%
Revenue Next 2Y-22.79%
Revenue Next 3Y-14.06%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.92, the valuation of ASC can be described as correct.
- 65.38% of the companies in the same industry are more expensive than ASC, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.33. ASC is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 10.53, which indicates a very decent valuation of ASC.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ASC indicates a somewhat cheap valuation: ASC is cheaper than 74.04% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, ASC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.92 | ||
| Fwd PE | 10.53 |
4.2 Price Multiples
- ASC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASC is cheaper than 62.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.26 |
4.3 Compensation for Growth
- A cheap valuation may be justified as ASC's earnings are expected to decrease with -28.97% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-37.39%
EPS Next 3Y-28.97%
5. Dividend
5.1 Amount
- ASC has a Yearly Dividend Yield of 2.53%. Purely for dividend investing, there may be better candidates out there.
- ASC's Dividend Yield is comparable with the industry average which is at 3.91.
- ASC's Dividend Yield is a higher than the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
5.2 History
- ASC has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 59.21% of the earnings are spent on dividend by ASC. This is a bit on the high side, but may be sustainable.
DP59.21%
EPS Next 2Y-37.39%
EPS Next 3Y-28.97%
NYSE:ASC (1/15/2026, 1:42:25 PM)
11.76
-0.15 (-1.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)N/A N/A
Inst Owners69%
Inst Owner Change0.07%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap478.63M
Revenue(TTM)405.78M
Net Income(TTM)31.82M
Analysts82.86
Price Target15.61 (32.74%)
Short Float %5.68%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
Yearly Dividend1.2
Dividend Growth(5Y)N/A
DP59.21%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.07%
Min EPS beat(2)10.01%
Max EPS beat(2)28.13%
EPS beat(4)3
Avg EPS beat(4)6.32%
Min EPS beat(4)-19.5%
Max EPS beat(4)28.13%
EPS beat(8)5
Avg EPS beat(8)3.92%
EPS beat(12)9
Avg EPS beat(12)4.09%
EPS beat(16)12
Avg EPS beat(16)9.06%
Revenue beat(2)2
Avg Revenue beat(2)64.97%
Min Revenue beat(2)59.03%
Max Revenue beat(2)70.9%
Revenue beat(4)3
Avg Revenue beat(4)35.39%
Min Revenue beat(4)-19.84%
Max Revenue beat(4)70.9%
Revenue beat(8)7
Avg Revenue beat(8)32.62%
Revenue beat(12)11
Avg Revenue beat(12)35.42%
Revenue beat(16)15
Avg Revenue beat(16)46.08%
PT rev (1m)0%
PT rev (3m)14.18%
EPS NQ rev (1m)16.04%
EPS NQ rev (3m)3.33%
EPS NY rev (1m)4.72%
EPS NY rev (3m)10.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)64.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.92 | ||
| Fwd PE | 10.53 | ||
| P/S | 1.55 | ||
| P/FCF | N/A | ||
| P/OCF | 6.1 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 7.26 |
EPS(TTM)0.91
EY7.74%
EPS(NY)1.12
Fwd EY9.5%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)1.93
OCFY16.38%
SpS7.6
BVpS16.12
TBVpS16.12
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.98% | ||
| ROE | 4.85% | ||
| ROCE | 5.71% | ||
| ROIC | 4.51% | ||
| ROICexc | 4.8% | ||
| ROICexgc | 4.8% | ||
| OM | 14.28% | ||
| PM (TTM) | 10.29% | ||
| GM | 41.93% | ||
| FCFM | N/A |
ROA(3y)17.77%
ROA(5y)9.45%
ROE(3y)22.22%
ROE(5y)10.64%
ROIC(3y)16.4%
ROIC(5y)N/A
ROICexc(3y)17.67%
ROICexc(5y)N/A
ROICexgc(3y)17.67%
ROICexgc(5y)N/A
ROCE(3y)20.75%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y52.79%
ROICexc growth 3YN/A
ROICexc growth 5Y52.79%
OM growth 3YN/A
OM growth 5Y35.03%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y32.83%
GM growth 5Y11.07%
F-Score4
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 380.02% | ||
| Cap/Sales | 39.48% | ||
| Interest Coverage | 8.89 | ||
| Cash Conversion | 102.73% | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.46 | ||
| Quick Ratio | 4.08 | ||
| Altman-Z | 3.05 |
F-Score4
WACC8.66%
ROIC/WACC0.52
Cap/Depr(3y)102.83%
Cap/Depr(5y)76.45%
Cap/Sales(3y)7.49%
Cap/Sales(5y)6.69%
Profit Quality(3y)94.73%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-68.07%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y-62.66%
EPS Next 2Y-37.39%
EPS Next 3Y-28.97%
EPS Next 5YN/A
Revenue 1Y (TTM)2.48%
Revenue growth 3Y28.22%
Revenue growth 5Y12.02%
Sales Q2Q%-39.94%
Revenue Next Year-15.65%
Revenue Next 2Y-22.79%
Revenue Next 3Y-14.06%
Revenue Next 5YN/A
EBIT growth 1Y-69.86%
EBIT growth 3YN/A
EBIT growth 5Y51.26%
EBIT Next Year-36.23%
EBIT Next 3Y-15.32%
EBIT Next 5YN/A
FCF growth 1Y-124.01%
FCF growth 3YN/A
FCF growth 5Y41.1%
OCF growth 1Y-61.11%
OCF growth 3YN/A
OCF growth 5Y50.91%
ARDMORE SHIPPING CORP / ASC FAQ
What is the ChartMill fundamental rating of ARDMORE SHIPPING CORP (ASC) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ASC.
Can you provide the valuation status for ARDMORE SHIPPING CORP?
ChartMill assigns a valuation rating of 4 / 10 to ARDMORE SHIPPING CORP (ASC). This can be considered as Fairly Valued.
Can you provide the profitability details for ARDMORE SHIPPING CORP?
ARDMORE SHIPPING CORP (ASC) has a profitability rating of 4 / 10.
How financially healthy is ARDMORE SHIPPING CORP?
The financial health rating of ARDMORE SHIPPING CORP (ASC) is 7 / 10.
Is the dividend of ARDMORE SHIPPING CORP sustainable?
The dividend rating of ARDMORE SHIPPING CORP (ASC) is 3 / 10 and the dividend payout ratio is 59.21%.