Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
12.32
-0.04 (-0.32%)
Nov 20, 2024, 4:00 PM EST - Market closed

Ardmore Shipping Statistics

Total Valuation

ASC has a market cap or net worth of $517.58 million. The enterprise value is $537.06 million.

Market Cap 517.58M
Enterprise Value 537.06M

Important Dates

The last earnings date was Wednesday, November 6, 2024, before market open.

Earnings Date Nov 6, 2024
Ex-Dividend Date Aug 30, 2024

Share Statistics

ASC has 42.01 million shares outstanding. The number of shares has increased by 0.28% in one year.

Current Share Class 42.01M
Shares Outstanding 42.01M
Shares Change (YoY) +0.28%
Shares Change (QoQ) +0.84%
Owned by Insiders (%) n/a
Owned by Institutions (%) 73.43%
Float 39.24M

Valuation Ratios

The trailing PE ratio is 3.47 and the forward PE ratio is 7.97.

PE Ratio 3.47
Forward PE 7.97
PS Ratio 1.21
Forward PS 2.28
PB Ratio 0.83
P/TBV Ratio 0.83
P/FCF Ratio 5.74
P/OCF Ratio 3.31
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.05, with an EV/FCF ratio of 5.95.

EV / Earnings 3.59
EV / Sales 1.27
EV / EBITDA 3.05
EV / EBIT 3.66
EV / FCF 5.95

Financial Position

The company has a current ratio of 3.57, with a Debt / Equity ratio of 0.05.

Current Ratio 3.57
Quick Ratio 3.03
Debt / Equity 0.05
Debt / EBITDA 0.16
Debt / FCF 0.33
Interest Coverage 17.47

Financial Efficiency

Return on equity (ROE) is 25.13% and return on invested capital (ROIC) is 13.57%.

Return on Equity (ROE) 25.13%
Return on Assets (ROA) 13.01%
Return on Capital (ROIC) 13.57%
Revenue Per Employee $7.55M
Profits Per Employee $2.67M
Employee Count 56
Asset Turnover 0.60
Inventory Turnover 16.58

Taxes

In the past 12 months, ASC has paid $291,000 in taxes.

Income Tax 291,000
Effective Tax Rate 0.19%

Stock Price Statistics

The stock price has decreased by -6.81% in the last 52 weeks. The beta is 0.38, so ASC's price volatility has been lower than the market average.

Beta (5Y) 0.38
52-Week Price Change -6.81%
50-Day Moving Average 15.75
200-Day Moving Average 18.08
Relative Strength Index (RSI) 25.31
Average Volume (20 Days) 948,933

Short Selling Information

Short Interest 1.81M
Short Previous Month 2.50M
Short % of Shares Out 4.35%
Short % of Float n/a
Short Ratio (days to cover) 4.11

Income Statement

In the last 12 months, ASC had revenue of $422.62 million and earned $149.67 million in profits. Earnings per share was $3.55.

Revenue 422.62M
Gross Profit 203.14M
Operating Income 146.62M
Pretax Income 150.41M
Net Income 149.67M
EBITDA 176.17M
EBIT 146.62M
Earnings Per Share (EPS) $3.55
Full Income Statement

Balance Sheet

The company has $47.57 million in cash and $30.01 million in debt, giving a net cash position of $17.56 million or $0.42 per share.

Cash & Cash Equivalents 47.57M
Total Debt 30.01M
Net Cash 17.56M
Net Cash Per Share $0.42
Equity (Book Value) 664.04M
Book Value Per Share 14.92
Working Capital 95.58M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $156.21 million and capital expenditures -$66.01 million, giving a free cash flow of $90.20 million.

Operating Cash Flow 156.21M
Capital Expenditures -66.01M
Free Cash Flow 90.20M
FCF Per Share $2.15
Full Cash Flow Statement

Margins

Gross margin is 48.07%, with operating and profit margins of 34.69% and 36.22%.

Gross Margin 48.07%
Operating Margin 34.69%
Pretax Margin 36.29%
Profit Margin 36.22%
EBITDA Margin 41.68%
EBIT Margin 34.69%
FCF Margin 27.62%

Dividends & Yields

This stock pays an annual dividend of $1.52, which amounts to a dividend yield of 12.34%.

Dividend Per Share $1.52
Dividend Yield 12.34%
Dividend Growth (YoY) 7.07%
Years of Dividend Growth 1
Payout Ratio 42.81%
Buyback Yield -0.28%
Shareholder Yield 12.06%
Earnings Yield 28.92%
FCF Yield 17.43%
Dividend Details

Analyst Forecast

The average price target for ASC is $20.00, which is 62.34% higher than the current price. The consensus rating is "Buy".

Price Target $20.00
Price Target Difference 62.34%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) -15.01%
EPS Growth Forecast (5Y) -7.09%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

ASC has an Altman Z-Score of 9 and a Piotroski F-Score of 6.

Altman Z-Score 9
Piotroski F-Score 6