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ASC Ardmore Shipping Corp

Price (delayed)

$11.87

Market cap

$500.14M

P/E Ratio

3.3

Dividend/share

$1.06

EPS

$3.6

Enterprise value

$482.58M

ardmore shipping corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. commencing operations in 2010, ardmore found an opportune time to create a ...

Highlights
Ardmore Shipping's debt has plunged by 71% YoY and by 44% from the previous quarter
The stock's price to earnings (P/E) is 40% less than its last 4 quarters average of 5.7
The company's gross profit fell by 2.9% YoY

Key stats

What are the main financial stats of ASC
Market
Shares outstanding
42.14M
Market cap
$500.14M
Enterprise value
$482.58M
Valuations
Price to book (P/B)
0.79
Price to sales (P/S)
1.18
EV/EBIT
2.98
EV/EBITDA
2.48
EV/Sales
1.14
Earnings
Revenue
$422.62M
EBIT
$161.77M
EBITDA
$194.91M
Free cash flow
$117.03M
Per share
EPS
$3.6
Free cash flow per share
$2.78
Book value per share
$14.98
Revenue per share
$10.03
TBVPS
$17.15
Balance sheet
Total assets
$722.81M
Total liabilities
$58.77M
Debt
$30.01M
Equity
$627M
Working capital
$95.58M
Liquidity
Debt to equity
0.05
Current ratio
3.57
Quick ratio
3.03
Net debt/EBITDA
-0.09
Margins
EBITDA margin
46.1%
Gross margin
48.9%
Net margin
36.2%
Operating margin
34.7%
Efficiency
Return on assets
20.9%
Return on equity
25.5%
Return on invested capital
23.7%
Return on capital employed
23.6%
Return on sales
38.3%
Dividend
Dividend yield
8.93%
DPS
$1.06
Payout ratio
29.4%

ASC stock price

How has the Ardmore Shipping stock price performed over time
Intraday
-3.65%
1 week
-0.67%
1 month
-28.28%
1 year
-11.29%
YTD
-15.76%
QTD
-34.42%

Financial performance

How have Ardmore Shipping's revenue and profit performed over time
Revenue
$422.62M
Gross profit
$206.74M
Operating income
$146.62M
Net income
$153.08M
Gross margin
48.9%
Net margin
36.2%
Ardmore Shipping's net margin has increased by 8% YoY
ASC's net income is up by 7% year-on-year
ASC's operating income is down by 6% year-on-year
The operating margin has decreased by 4.7% YoY

Growth

What is Ardmore Shipping's growth rate over time

Valuation

What is Ardmore Shipping stock price valuation
P/E
3.3
P/B
0.79
P/S
1.18
EV/EBIT
2.98
EV/EBITDA
2.48
EV/Sales
1.14
The stock's price to earnings (P/E) is 40% less than its last 4 quarters average of 5.7
The EPS has grown by 3.4% year-on-year
The P/B is 32% lower than the last 4 quarters average of 1.2 but 2.5% higher than the 5-year quarterly average of 0.8
Ardmore Shipping's equity has increased by 21% YoY
The stock's price to sales (P/S) is 32% less than its last 4 quarters average of 1.8 but 12% more than its 5-year quarterly average of 1.1
ASC's revenue is up by 2.2% since the previous quarter

Efficiency

How efficient is Ardmore Shipping business performance
ASC's return on invested capital is up by 15% year-on-year
The company's return on equity fell by 10% YoY and by 2.7% QoQ
The return on sales has grown by 6% year-on-year
The ROA rose by 5% YoY

Dividends

What is ASC's dividend history
DPS
$1.06
Dividend yield
8.93%
Payout ratio
29.4%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Ardmore Shipping financials performed over time
The total liabilities has shrunk by 56% YoY and by 33% QoQ
The quick ratio is up by 27% YoY
Ardmore Shipping's debt is 95% less than its equity
The company's debt to equity has shrunk by 75% YoY and by 44% QoQ
Ardmore Shipping's debt has plunged by 71% YoY and by 44% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.