Ardmore Shipping Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	523	367	493	526	547	102
Market Cap Growth	9.46%	-25.55%	-6.35%	-3.71%	435.33%	14.78%
Enterprise Value	593	451	512	607	755	413
Last Close Price	12.59	9.16	11.10	11.52	11.04	2.38
PE Ratio	17.03	11.95	3.97	5.13	4.33	-
PS Ratio	1.98	1.39	1.26	1.47	1.31	0.60
PB Ratio	0.97	0.68	0.80	1.01	1.15	0.35
P/TBV Ratio	0.97	0.68	0.84	1.08	1.25	0.40
P/FCF Ratio	-	-	5.13	4.34	4.85	-
P/OCF Ratio	7.52	5.28	3.18	3.65	4.70	-
EV/Sales Ratio	2.25	1.71	1.31	1.69	1.81	2.44
EV/EBITDA Ratio	7.81	6.54	3.34	4.30	4.28	39.85
EV/EBIT Ratio	14.90	11.23	4.13	5.24	5.06	-
EV/FCF Ratio	-17.81	-	5.33	5.00	6.70	-
Debt / Equity Ratio	0.20	0.20	0.07	0.16	0.37	1.13
Debt / EBITDA Ratio	1.44	1.44	0.26	0.57	0.94	24.68
Debt / FCF Ratio	-	-	0.45	0.70	1.53	-
Net Debt / Equity Ratio	0.13	0.13	0.00	0.08	0.26	0.96
Net Debt / EBITDA Ratio	1.01	1.01	-0.02	0.30	0.68	26.90
Net Debt / FCF Ratio	-2.10	-2.10	-0.03	0.35	1.07	-57.41
Asset Turnover	0.42	0.42	0.58	0.56	0.62	0.26
Inventory Turnover	20.19	20.19	18.37	15.19	17.37	15.12
Quick Ratio	3.65	3.65	3.62	3.05	2.56	1.30
Current Ratio	4.33	4.33	4.24	3.75	2.98	1.61
Return on Equity (ROE)	6.46%	6.46%	21.99%	21.61%	33.15%	-11.34%
Return on Assets (ROA)	3.95%	3.95%	11.49%	11.32%	13.76%	-1.69%
Return on Invested Capital (ROIC)	6.50%	6.95%	20.42%	20.31%	24.85%	-3.02%
Return on Capital Employed (ROCE)	6.20%	6.20%	19.00%	19.50%	23.80%	-3.00%
Earnings Yield	5.87%	9.52%	26.06%	20.07%	23.70%	-31.71%
FCF Yield	-6.36%	-9.06%	19.48%	23.07%	20.61%	-4.75%
Dividend Yield	2.12%	2.88%	8.27%	7.14%	3.82%	-
Payout Ratio	37.41%	37.41%	36.75%	43.28%	2.37%	-
Buyback Yield / Dilution	2.93%	2.93%	-0.53%	-9.02%	-13.21%	-1.93%
Total Shareholder Return	5.05%	5.81%	7.74%	-1.88%	-9.40%	-1.93%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.