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 (Earnings per Share) of ASC over the last years for every Quarter: "2020-09": -0.19, "2020-12": -0.36, "2021-03": -0.26, "2021-06": -0.23, "2021-09": -0.37, "2021-12": -0.26, "2022-03": -0.03, "2022-06": 0.81, "2022-09": 1.54, "2022-12": 1.3, "2023-03": 1.04, "2023-06": 0.57, "2023-09": 0.49, "2023-12": 0.63, "2024-03": 0.92, "2024-06": 1.13, "2024-09": 0.55, "2024-12": 0.25, "2025-03": 0.14, "2025-06": 0.22, "2025-09": 0.31,
EPS Growth (3Y CAGR): -40.62%
EPS Trend (3Y Correlation): -76.5%

ASC Revenue

Revenue of ASC over the last years for every Quarter: 2020-09: 45.206271, 2020-12: 41.725326, 2021-03: 45.551, 2021-06: 47.274, 2021-09: 47.19986, 2021-12: 52.459069, 2022-03: 63.368, 2022-06: 107.125, 2022-09: 142.417, 2022-12: 132.831, 2023-03: 118.233, 2023-06: 91.927, 2023-09: 86.94, 2023-12: 98.878, 2024-03: 106.301, 2024-06: 121.325, 2024-09: 96.118, 2024-12: 82.039, 2025-03: 73.996, 2025-06: 72.046, 2025-09: 81.245,
Revenue Growth (3Y CAGR): -16.37%
Revenue Trend (3Y Correlation): -74.3%
Risk via 10d forecast
Volatility 34.6%
Value at Risk 5%th 56.3%
Reward
Sharpe Ratio 0.08
Alpha -6.56
Character
Hurst Exponent 0.563
Beta -0.130
Drawdowns 3y
Max DD 61.41%
Mean DD 28.04%

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 517m
Sub-Industry Oil & Gas Storage & Transportation
IPO / Inception 2013-08-01
Return 12m vs S&P 500 -5.19%
Analyst Rating 5.0 of 5

ASC Dividends

Dividend Yield 2.99%
Yield on Cost 5y 14.18%
Yield CAGR 5y 115.58%
Payout Consistency 39.6%
Payout Ratio 32.6%

ASC Growth Ratios

CAGR 3.74%
CAGR/Max DD Calmar Ratio 0.06
CAGR/Mean DD Pain Ratio 0.13
Current Volume 690.2k
Average Volume 492.1k

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (35.6m TTM) > 0 and > 6% of Revenue (6% = 18.6m TTM)
FCFTA -0.06 (>2.0%) and ΔFCFTA -18.00pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 29.14% (prev 22.62%; Δ 6.53pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 81.0m > Net Income 35.6m (YES >=105%, WARN >=100%)
Net Debt (71.2m) to EBITDA (79.2m) ratio: 0.90 <= 3.0 (WARN <= 3.5)
Current Ratio 4.46 (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 -3.89% (target <= -2.0% for YES)
Gross Margin 26.68% (prev 42.95%; Δ -16.27pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 40.63% (prev 58.47%; Δ -17.84pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 9.16 (EBITDA TTM 79.2m / Interest Expense TTM 4.83m) >= 6 (WARN >= 3)

Altman Z'' 3.22

(A) 0.11 = (Total Current Assets 116.2m - Total Current Liabilities 26.0m) / Total Assets 799.8m
(B) 0.23 = Retained Earnings (Balance) 183.5m / Total Assets 799.8m
(C) 0.06 = EBIT TTM 44.2m / Avg Total Assets 761.3m
(D) 1.28 = Book Value of Equity 184.0m / Total Liabilities 143.9m
Total Rating: 3.22 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 38.97

1. Piotroski 5.50pt = 0.50
2. FCF Yield -7.86% = -3.93
3. FCF Margin -14.95% = -5.61
4. Debt/Equity 0.18 = 2.48
5. Debt/Ebitda 0.90 = 1.90
6. ROIC - WACC (= 2.05)% = 2.56
7. RoE 5.52% = 0.46
8. Rev. Trend -74.29% = -5.57
9. EPS Trend -76.48% = -3.82

What is the price of ASC shares?

As of November 10, 2025, the stock is trading at USD 12.71 with a total of 690,174 shares traded.
Over the past week, the price has changed by +1.92%, over one month by +11.88%, over three months by +24.62% and over the past year by +7.54%.

Is Ardmore Shpng a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Ardmore Shpng (NYSE:ASC) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 38.97 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ASC is around 12.82 USD . This means that ASC is currently overvalued and has a potential downside of 0.87%.

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 14.4 13.3%
Analysts Target Price 14.4 13.3%
ValueRay Target Price 13.8 8.7%

ASC Fundamental Data Overview November 10, 2025

Market Cap USD = 517.3m (517.3m USD * 1.0 USD.USD)
P/E Trailing = 16.0886
P/E Forward = 3.3852
P/S = 1.6722
P/B = 0.7833
P/EG = -6.04
Beta = -0.13
Revenue TTM = 309.3m USD
EBIT TTM = 44.2m USD
EBITDA TTM = 79.2m USD
Long Term Debt = 38.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 669.0k USD (from shortTermDebt, last quarter)
Debt = 118.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 71.2m USD (from netDebt column, last quarter)
Enterprise Value = 588.4m USD (517.3m + Debt 118.2m - CCE 47.1m)
Interest Coverage Ratio = 9.16 (Ebit TTM 44.2m / Interest Expense TTM 4.83m)
FCF Yield = -7.86% (FCF TTM -46.2m / Enterprise Value 588.4m)
FCF Margin = -14.95% (FCF TTM -46.2m / Revenue TTM 309.3m)
Net Margin = 11.50% (Net Income TTM 35.6m / Revenue TTM 309.3m)
Gross Margin = 26.68% ((Revenue TTM 309.3m - Cost of Revenue TTM 226.8m) / Revenue TTM)
Gross Margin QoQ = 26.37% (prev 22.99%)
Tobins Q-Ratio = 0.74 (Enterprise Value 588.4m / Total Assets 799.8m)
Interest Expense / Debt = 1.48% (Interest Expense 1.74m / Debt 118.2m)
Taxrate = 1.06% (137.0k / 12.9m)
NOPAT = 43.7m (EBIT 44.2m * (1 - 1.06%))
Current Ratio = 4.46 (Total Current Assets 116.2m / Total Current Liabilities 26.0m)
Debt / Equity = 0.18 (Debt 118.2m / totalStockholderEquity, last quarter 655.9m)
Debt / EBITDA = 0.90 (Net Debt 71.2m / EBITDA 79.2m)
Debt / FCF = -1.54 (negative FCF - burning cash) (Net Debt 71.2m / FCF TTM -46.2m)
Total Stockholder Equity = 644.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.45% (Net Income 35.6m / Total Assets 799.8m)
RoE = 5.52% (Net Income TTM 35.6m / Total Stockholder Equity 644.0m)
RoCE = 6.47% (EBIT 44.2m / Capital Employed (Equity 644.0m + L.T.Debt 38.8m))
RoIC = 6.83% (NOPAT 43.7m / Invested Capital 640.3m)
WACC = 4.78% (E(517.3m)/V(635.5m) * Re(5.54%) + D(118.2m)/V(635.5m) * Rd(1.48%) * (1-Tc(0.01)))
Discount Rate = 5.54% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -1.32%
Fair Price DCF = unknown (Cash Flow -46.2m)
EPS Correlation: -76.48 | EPS CAGR: -40.62% | SUE: 1.02 | # QB: 2
Revenue Correlation: -74.29 | Revenue CAGR: -16.37% | SUE: 0.80 | # QB: 0

Additional Sources for ASC Stock

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