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NYSE: ASC
Ardmore Shipping Corp Stock

$22.41-0.59 (-2.57%)
Updated May 31, 2024
ASC Price
$22.41
Fair Value Price
N/A
Market Cap
$927.14M
52 Week Low
$11.59
52 Week High
$23.44
P/E
8.52x
P/B
1.63x
P/S
1.77x
PEG
N/A
Dividend Yield
2.5%
Revenue
$384.05M
Earnings
$111.96M
Gross Margin
46.6%
Operating Margin
32.15%
Profit Margin
28.3%
Debt to Equity
0.18
Operating Cash Flow
$152M
Beta
0.91
Next Earnings
Jul 30, 2024
Ex-Dividend
May 31, 2024
Next Dividend
Jun 14, 2024

ASC Overview

Ardmore Shipping Corporation ships petroleum products and chemicals worldwide. The company owns and operates a fleet of mid-size tankers. Ardmore serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

Zen Score

Industry Average (29)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ASC scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ASC was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ASC is good value based on its earnings relative to its share price (8.52x), compared to the US market average (28.44x)
P/E vs Market Valuation
ASC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more ASC due diligence checks available for Premium users.

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ASC News

Valuation

ASC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.52x
Industry
16.62x
Market
28.44x
ASC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ASC is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

ASC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.63x
Industry
1.24x
ASC is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ASC's financial health

Profit margin

Revenue
$106.3M
Net Income
$39.2M
Profit Margin
36.1%
ASC's Earnings (EBIT) of $123.48M... subscribe to Premium to read more.
Interest Coverage Financials
ASC's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$704.1M
Liabilities
$99.1M
Debt to equity
0.18
ASC's short-term assets ($143.88M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ASC's short-term assets ($143.88M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ASC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ASC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$49.2M
Investing
-$13.4M
Financing
-$33.9M
ASC's operating cash flow ($151.97M)... subscribe to Premium to read more.
Debt Coverage Financials

ASC vs Shipping Stocks

TickerMarket Cap1d %P/EP/B
ASC$927.14M-2.57%8.52x1.63x
GNK$962.77M+1.03%281.50x1.05x
CPLP$984.10M+0.96%7.88x0.82x
NAT$864.42M0.00%8.81x1.61x
GSL$1.05B+2.71%N/A0.84x

Ardmore Shipping Stock FAQ

What is Ardmore Shipping's quote symbol?

(NYSE: ASC) Ardmore Shipping trades on the NYSE under the ticker symbol ASC. Ardmore Shipping stock quotes can also be displayed as NYSE: ASC.

If you're new to stock investing, here's how to buy Ardmore Shipping stock.

What is the 52 week high and low for Ardmore Shipping (NYSE: ASC)?

(NYSE: ASC) Ardmore Shipping's 52-week high was $23.44, and its 52-week low was $11.59. It is currently -4.39% from its 52-week high and 93.36% from its 52-week low.

How much is Ardmore Shipping stock worth today?

(NYSE: ASC) Ardmore Shipping currently has 41,371,887 outstanding shares. With Ardmore Shipping stock trading at $22.41 per share, the total value of Ardmore Shipping stock (market capitalization) is $927.14M.

Ardmore Shipping stock was originally listed at a price of $13.50 in Aug 1, 2013. If you had invested in Ardmore Shipping stock at $13.50, your return over the last 10 years would have been 66%, for an annualized return of 5.2% (not including any dividends or dividend reinvestments).

How much is Ardmore Shipping's stock price per share?

(NYSE: ASC) Ardmore Shipping stock price per share is $22.41 today (as of May 31, 2024).

What is Ardmore Shipping's Market Cap?

(NYSE: ASC) Ardmore Shipping's market cap is $927.14M, as of Jun 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ardmore Shipping's market cap is calculated by multiplying ASC's current stock price of $22.41 by ASC's total outstanding shares of 41,371,887.
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