ARDMORE SHIPPING CORP (ASC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASC - MHY0207T1001 - Common Stock
11.94 USD
+0.09 (+0.76%)
11.94 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ASC. ASC was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. ASC is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 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.
- ASC had a positive operating cash flow in the past year.
- In multiple years ASC reported negative net income over the last 5 years.
- ASC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.98%, ASC is in line with its industry, outperforming 56.73% of the companies in the same industry.
- ASC has a Return On Equity (4.85%) which is comparable to the rest of the industry.
- ASC's Return On Invested Capital of 4.51% is on the low side compared to the rest of the industry. ASC is outperformed by 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 21.94%.
- The last Return On Invested Capital (4.51%) for ASC is well below the 3 year average (16.40%), which needs to be investigated, but indicates that ASC had better years and this may not be a problem.
| 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's Profit Margin of 10.29% is in line compared to the rest of the industry. ASC outperforms 56.25% of its industry peers.
- ASC has a Operating Margin of 14.28%. This is comparable 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.
- With a Gross Margin value of 41.93%, ASC perfoms like the industry average, outperforming 50.48% of the companies in the same 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
- ASC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for ASC has been reduced compared to 1 year ago.
- ASC has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ASC has an improved debt to assets ratio.
2.2 Solvency
- ASC has an Altman-Z score of 3.05. This indicates that ASC is financially healthy and has little risk of bankruptcy at the moment.
- ASC has a better Altman-Z score (3.05) than 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.
- ASC's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. ASC outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.05 |
ROIC/WACC0.52
WACC8.71%
2.3 Liquidity
- A Current Ratio of 4.46 indicates that ASC has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 4.46, ASC belongs to the best of the industry, outperforming 87.02% of the companies in the same industry.
- A Quick Ratio of 4.08 indicates that ASC has no problem at all paying its short term obligations.
- ASC has a Quick ratio of 4.08. This is amongst the best in the industry. ASC outperforms 86.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.46 | ||
| Quick Ratio | 4.08 |
3. Growth
3.1 Past
- ASC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -68.07%.
- The Revenue has been growing slightly by 2.48% in the past year.
- The Revenue has been growing by 12.02% on average over the past years. This is quite good.
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
- ASC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -28.97% yearly.
- Based on estimates for the next years, ASC will show a very negative growth in Revenue. The Revenue will decrease by -13.35% 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-31.59%
Revenue Next 3Y-13.35%
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
- With a Price/Earnings ratio of 13.12, ASC is valued correctly.
- Based on the Price/Earnings ratio, ASC is valued a bit cheaper than 63.94% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ASC to the average of the S&P500 Index (27.38), we can say ASC is valued rather cheaply.
- The Price/Forward Earnings ratio is 10.69, 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 75.00% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of ASC to the average of the S&P500 Index (24.29), we can say ASC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.12 | ||
| Fwd PE | 10.69 |
4.2 Price Multiples
- 61.54% of the companies in the same industry are more expensive than ASC, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.27 |
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%.
- ASC's Dividend Yield is comparable with the industry average which is at 3.75.
- Compared to an average S&P500 Dividend Yield of 1.85, ASC pays a bit more dividend than the S&P500 average.
| 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
- ASC pays out 59.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP59.21%
EPS Next 2Y-37.39%
EPS Next 3Y-28.97%
11.94
+0.09 (+0.76%)
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 Change-0.44%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap485.96M
Revenue(TTM)405.78M
Net Income(TTM)31.82M
Analysts82.86
Price Target15.76 (31.99%)
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)0.98%
PT rev (3m)15.3%
EPS NQ rev (1m)4.28%
EPS NQ rev (3m)-7.14%
EPS NY rev (1m)4.72%
EPS NY rev (3m)10.34%
Revenue NQ rev (1m)-2.75%
Revenue NQ rev (3m)-2.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)64.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.12 | ||
| Fwd PE | 10.69 | ||
| P/S | 1.57 | ||
| P/FCF | N/A | ||
| P/OCF | 6.2 | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 7.27 |
EPS(TTM)0.91
EY7.62%
EPS(NY)1.12
Fwd EY9.36%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)1.93
OCFY16.14%
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
WACC8.71%
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-31.59%
Revenue Next 3Y-13.35%
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%.