Overview Dividends

(ASC) Ardmore Shpng - Ratings and Ratios

Exchange: NYSE • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: MHY0207T1001

Tankers, Chemicals, Seaborne, Transportation, Fleet

ASC EPS (Earnings per Share)

EPS Growth (3Y CAGR): -50.72%
EPS Trend (3Y Correlation): -81.1%

ASC Revenue

Revenue Growth (3Y CAGR): -21.95%
Revenue Trend (3Y Correlation): -79.8%

Description: ASC Ardmore Shpng October 25, 2025

Ardmore Shipping Corporation (NYSE:ASC) operates a global fleet of 26 vessels-22 eco-design owned ships and four chartered-in vessels-focused on transporting petroleum products and chemicals. Founded in 2010 and based in Hamilton, Bermuda, the company serves a client base that includes oil majors, independent producers, commodity traders, and chemical manufacturers.

Key operational metrics as of the latest filing show a combined deadweight tonnage of roughly 1.4 million DWT and an average vessel age of 5 years, positioning Ardmore to meet increasingly stringent emissions regulations. The firm’s EBITDA margin has hovered around 18-20 % in the past 12 months, reflecting strong demand for refined-product logistics amid a global shift toward higher-value petrochemicals and a tight supply of specialized tankers. Additionally, day-rate volatility for its eco-design tankers is closely tied to regional diesel and bunker fuel price spreads, which have been trending upward as Asian demand for refined fuels rebounds.

For a deeper quantitative view, you might explore ValueRay’s analyst dashboards on ASC’s cash-flow trends and fleet-utilization metrics.

ASC Stock Overview

Market Cap in USD	501m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception	2013-08-01

ASC Stock Ratings

Growth Rating	14.4%
Fundamental	60.4%
Dividend Rating	44.6%
Return 12m vs S&P 500	-22.6%
Analyst Rating	5.0 of 5

ASC Dividends

Dividend Yield 12m	3.02%
Yield on Cost 5y	14.90%
Annual Growth 5y	115.58%
Payout Consistency	39.6%
Payout Ratio	32.8%

ASC Growth Ratios

Growth Correlation 3m	48.9%
Growth Correlation 12m	2.3%
Growth Correlation 5y	70.4%
CAGR 5y	1.90%
CAGR/Max DD 3y (Calmar Ratio)	0.03
CAGR/Mean DD 3y (Pain Ratio)	0.07
Sharpe Ratio 12m	0.45
Alpha	-13.13
Beta	0.075
Volatility	34.93%
Current Volume	320.4k
Average Volume 20d	478.5k
Stop Loss	12.1 (-3.9%)
Signal	0.38

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (46.9m TTM) > 0 and > 6% of Revenue (6% = 19.5m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA 0.19pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 27.51% (prev 24.60%; Δ 2.91pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.14 (>3.0%) and CFO 101.8m > Net Income 46.9m (YES >=105%, WARN >=100%)

Net Debt (-20.8m) to EBITDA (87.4m) ratio: -0.24 <= 3.0 (WARN <= 3.5)

Current Ratio 3.88 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (40.7m) change vs 12m ago -3.14% (target <= -2.0% for YES)

Gross Margin 30.23% (prev 46.44%; Δ -16.22pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 44.85% (prev 55.72%; Δ -10.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 13.13 (EBITDA TTM 87.4m / Interest Expense TTM 4.18m) >= 6 (WARN >= 3)

Altman Z'' 5.32

(A) 0.13 = (Total Current Assets 120.1m - Total Current Liabilities 30.9m) / Total Assets 703.8m

(B) 0.25 = Retained Earnings (Balance) 174.2m / Total Assets 703.8m

(D) 3.02 = Book Value of Equity 174.7m / Total Liabilities 57.8m

Total Rating: 5.32 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.38

1. Piotroski 5.50pt = 0.50

2. FCF Yield 17.18% = 5.0

3. FCF Margin 25.42% = 6.36

4. Debt/Equity 0.04 = 2.50

5. Debt/Ebitda -0.24 = 2.50

6. ROIC - WACC (= 2.37)% = 2.96

7. RoE 7.26% = 0.61

8. Rev. Trend -79.77% = -5.98

9. EPS Trend -81.12% = -4.06

What is the price of ASC shares?

As of November 03, 2025, the stock is trading at USD 12.59 with a total of 320,400 shares traded.
Over the past week, the price has changed by +2.36%, over one month by +5.80%, over three months by +17.49% and over the past year by -6.19%.

Is Ardmore Shpng a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Ardmore Shpng is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 60.38 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ASC is around 12.40 USD . This means that ASC is currently overvalued and has a potential downside of -1.51%.

Is ASC a buy, sell or hold?

Ardmore Shpng has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy ASC.

Strong Buy: 3
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ASC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	13.4	6.4%
Analysts Target Price	13.4	6.4%
ValueRay Target Price	13.5	7.5%

ASC Fundamental Data Overview October 28, 2025

Market Cap USD = 500.5m (500.5m USD * 1.0 USD.USD)
P/E Trailing = 11.8269
P/E Forward = 3.3852
P/S = 1.5439
P/B = 0.7833
P/EG = -6.04
Beta = 0.075
Revenue TTM = 324.2m USD
EBIT TTM = 54.9m USD
EBITDA TTM = 87.4m USD
Long Term Debt = 25.0m USD (from longTermDebt, last quarter)
Short Term Debt = 2.06m USD (from shortTermDebt, last quarter)
Debt = 28.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -20.8m USD (from netDebt column, last quarter)
Enterprise Value = 479.7m USD (500.5m + Debt 28.6m - CCE 49.5m)
Interest Coverage Ratio = 13.13 (Ebit TTM 54.9m / Interest Expense TTM 4.18m)
FCF Yield = 17.18% (FCF TTM 82.4m / Enterprise Value 479.7m)
FCF Margin = 25.42% (FCF TTM 82.4m / Revenue TTM 324.2m)
Net Margin = 14.48% (Net Income TTM 46.9m / Revenue TTM 324.2m)
Gross Margin = 30.23% ((Revenue TTM 324.2m - Cost of Revenue TTM 226.2m) / Revenue TTM)
Gross Margin QoQ = 22.99% (prev 28.39%)
Tobins Q-Ratio = 0.68 (Enterprise Value 479.7m / Total Assets 703.8m)
Interest Expense / Debt = 3.64% (Interest Expense 1.04m / Debt 28.6m)
Taxrate = 0.40% (39.0k / 9.64m)
NOPAT = 54.7m (EBIT 54.9m * (1 - 0.40%))
Current Ratio = 3.88 (Total Current Assets 120.1m / Total Current Liabilities 30.9m)
Debt / Equity = 0.04 (Debt 28.6m / totalStockholderEquity, last quarter 646.0m)
Debt / EBITDA = -0.24 (Net Debt -20.8m / EBITDA 87.4m)
Debt / FCF = -0.25 (Net Debt -20.8m / FCF TTM 82.4m)
Total Stockholder Equity = 646.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.67% (Net Income 46.9m / Total Assets 703.8m)
RoE = 7.26% (Net Income TTM 46.9m / Total Stockholder Equity 646.0m)
RoCE = 8.19% (EBIT 54.9m / Capital Employed (Equity 646.0m + L.T.Debt 25.0m))
RoIC = 8.52% (NOPAT 54.7m / Invested Capital 642.6m)
WACC = 6.15% (E(500.5m)/V(529.2m) * Re(6.29%) + D(28.6m)/V(529.2m) * Rd(3.64%) * (1-Tc(0.00)))
Discount Rate = 6.29% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -1.35%
[DCF Debug] Terminal Value 73.00% ; FCFE base≈83.6m ; Y1≈61.8m ; Y5≈35.7m
Fair Price DCF = 16.65 (DCF Value 677.4m / Shares Outstanding 40.7m; 5y FCF grow -30.93% → 3.0% )
EPS Correlation: -81.12 | EPS CAGR: -50.72% | SUE: 0.97 | # QB: 1
Revenue Correlation: -79.77 | Revenue CAGR: -21.95% | SUE: 0.68 | # QB: 0

Additional Sources for ASC Stock

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Fund Manager Positions: Dataroma | Stockcircle