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ASC Ardmore Shipping Corp

Price (delayed)

$9.92

Market cap

$401.32M

P/E Ratio

4.31

Dividend/share

$0.95

EPS

$2.3

Enterprise value

$377.86M

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 67% YoY and by 46% from the previous quarter
The stock's price to earnings (P/E) is 12% less than its last 4 quarters average of 4.9
The quick ratio has soared by 108% YoY but it is down by 15% from the previous quarter
The EPS has declined by 26% since the previous quarter and by 13% year-on-year
ASC's net income is down by 25% since the previous quarter and by 11% year-on-year

Key stats

What are the main financial stats of ASC
Market
Shares outstanding
40.46M
Market cap
$401.32M
Enterprise value
$377.86M
Valuations
Price to earnings (P/E)
4.31
Price to book (P/B)
0.66
Price to sales (P/S)
1.07
EV/EBIT
3.59
EV/EBITDA
2.7
EV/Sales
1.01
Earnings
Revenue
$373.48M
Gross profit
$156.75M
Operating income
$106.25M
Net income
$100.02M
EBIT
$105.37M
EBITDA
$140.1M
Free cash flow
$113.01M
Per share
EPS
$2.3
EPS diluted
$2.29
Free cash flow per share
$2.79
Book value per share
$15.1
Revenue per share
$9.23
TBVPS
$17.06
Balance sheet
Total assets
$690.42M
Total liabilities
$51.96M
Debt
$23.99M
Equity
$610.68M
Working capital
$84.12M
Liquidity
Debt to equity
0.04
Current ratio
3.73
Quick ratio
3.08
Net debt/EBITDA
-0.17
Margins
EBITDA margin
37.5%
Gross margin
42%
Net margin
26.8%
Operating margin
28.4%
Efficiency
Return on assets
13.4%
Return on equity
15.6%
Return on invested capital
15.7%
Return on capital employed
16%
Return on sales
28.2%
Dividend
Dividend yield
9.58%
DPS
$0.95
Payout ratio
41.3%

ASC stock price

How has the Ardmore Shipping stock price performed over time
Intraday
-0.1%
1 week
2.59%
1 month
14.02%
1 year
-55.5%
YTD
-18.35%
QTD
1.33%

Financial performance

How have Ardmore Shipping's revenue and profit performed over time
Revenue
$373.48M
Gross profit
$156.75M
Operating income
$106.25M
Net income
$100.02M
Gross margin
42%
Net margin
26.8%
ASC financials
ASC's net income is down by 25% since the previous quarter and by 11% year-on-year
ASC's operating income is down by 24% since the previous quarter and by 13% year-on-year
The company's gross profit fell by 18% QoQ and by 12% YoY
The operating margin has decreased by 18% QoQ and by 11% YoY

Price vs fundamentals

How does ASC's price correlate with its fundamentals
Price vs fundamentals
Earnings waterfall
Price vs fair value

Growth

What is Ardmore Shipping's growth rate over time
ASC growth chart

Valuation

What is Ardmore Shipping stock price valuation
P/E
4.31
P/B
0.66
P/S
1.07
EV/EBIT
3.59
EV/EBITDA
2.7
EV/Sales
1.01
Valuation vs average
Price to earnings (P/E)
The EPS has declined by 26% since the previous quarter and by 13% year-on-year
The stock's price to earnings (P/E) is 12% less than its last 4 quarters average of 4.9
Price to book (P/B)
The P/B is 40% lower than the last 4 quarters average of 1.1 and 18% lower than the 5-year quarterly average of 0.8
Ardmore Shipping's equity has increased by 8% YoY
Price to sales (P/S)
The stock's price to sales (P/S) is 33% less than its last 4 quarters average of 1.6 and 2.7% less than its 5-year quarterly average of 1.1
ASC's revenue is down by 8% since the previous quarter and by 2.8% year-on-year

Efficiency

How efficient is Ardmore Shipping business performance
The company's return on equity fell by 27% QoQ and by 24% YoY
The ROA fell by 25% QoQ and by 14% YoY
ASC's return on invested capital is down by 24% since the previous quarter and by 11% year-on-year
The return on sales has declined by 18% since the previous quarter and by 12% year-on-year

Dividends

What is ASC's dividend history
DPS
$0.95
Dividend yield
9.58%
Payout ratio
41.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Ardmore Shipping financials performed over time
Assets vs liabilities
The quick ratio has soared by 108% YoY but it is down by 15% from the previous quarter
ASC's current ratio has soared by 91% YoY but it is down by 12% QoQ
Debt vs equity
Ardmore Shipping's debt is 96% less than its equity
The company's debt to equity has shrunk by 69% YoY and by 43% QoQ
Ardmore Shipping's debt has plunged by 67% YoY and by 46% from the previous quarter
Balance sheet

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