Ardmore Shipping Statistics
Total Valuation
ASC has a market cap or net worth of $690.30 million. The enterprise value is $737.48 million.
| Market Cap | 690.30M |
| Enterprise Value | 737.48M |
Important Dates
The next confirmed earnings date is Wednesday, May 8, 2024, before market open.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | Feb 28, 2024 |
Share Statistics
ASC has 41.53 million shares outstanding.
| Shares Outstanding | 41.53M |
| Owned by Insiders (%) | 15.20% |
| Owned by Institutions (%) | 62.88% |
| Float | 35.21M |
Valuation Ratios
The trailing PE ratio is 6.04 and the forward PE ratio is 3.39. ASC's PEG ratio is -6.04.
| PE Ratio | 6.04 |
| Forward PE | 3.39 |
| PS Ratio | 1.74 |
| Forward PS | 2.17 |
| PB Ratio | 1.28 |
| P/FCF Ratio | 5.14 |
| PEG Ratio | -6.04 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.61, with an EV/FCF ratio of 5.49.
| EV / Earnings | 6.50 |
| EV / Sales | 1.86 |
| EV / EBITDA | 4.61 |
| EV / EBIT | 5.73 |
| EV / FCF | 5.49 |
Financial Position
The company has a current ratio of 3.75, with a Debt / Equity ratio of 0.17.
| Current Ratio | 3.75 |
| Quick Ratio | 3.04 |
| Debt / Equity | 0.17 |
| Debt / EBITDA | 0.59 |
| Debt / FCF | 0.70 |
| Interest Coverage | 11.28 |
Financial Efficiency
Return on equity (ROE) is 22.10% and return on invested capital (ROIC) is 20.22%.
| Return on Equity (ROE) | 22.10% |
| Return on Assets (ROA) | 16.30% |
| Return on Capital (ROIC) | 20.22% |
| Revenue Per Employee | $7.07M |
| Profits Per Employee | $2.03M |
| Employee Count | 56 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 14.94 |
Taxes
In the past 12 months, ASC has paid $435,000 in taxes.
| Income Tax | 435,000 |
| Effective Tax Rate | 0.38% |
Stock Price Statistics
The stock price has increased by +8.20% in the last 52 weeks. The beta is 0.37, so ASC's price volatility has been lower than the market average.
| Beta (1Y) | 0.37 |
| 52-Week Price Change | +8.20% |
| 50-Day Moving Average | 16.19 |
| 200-Day Moving Average | 14.33 |
| Relative Strength Index (RSI) | 57.70 |
| Average Volume (30 Days) | 601,962 |
Short Selling Information
| Short Interest | 984,290 |
| Short Previous Month | 1.37M |
| Short % of Shares Out | 2.40% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 1.91 |
Income Statement
In the last 12 months, ASC had revenue of $395.98 million and earned $113.41 million in profits. Earnings per share was $2.71.
| Revenue | 395.98M |
| Gross Profit | 184.73M |
| Operating Income | 128.13M |
| Pretax Income | 117.24M |
| Net Income | 113.41M |
| EBITDA | 160.01M |
| EBIT | 128.65M |
| Earnings Per Share (EPS) | $2.71 |
Balance Sheet
The company has $46.81 million in cash and $93.99 million in debt, giving a net cash position of -$47.18 million or -$1.14 per share.
| Cash & Cash Equivalents | 46.81M |
| Total Debt | 93.99M |
| Net Cash | -47.18M |
| Net Cash Per Share | -$1.14 |
| Equity / Book Value | 537.40M |
| Book Value Per Share | 12.94 |
| Working Capital | 92.94M |
Cash Flow
In the last 12 months, operating cash flow was $159.61 million and capital expenditures -$25.38 million, giving a free cash flow of $134.23 million.
| Operating Cash Flow | 159.61M |
| Capital Expenditures | -25.38M |
| Free Cash Flow | 134.23M |
| FCF Per Share | $3.26 |
Margins
Gross margin is 46.65%, with operating and profit margins of 32.36% and 28.64%.
| Gross Margin | 46.65% |
| Operating Margin | 32.36% |
| Pretax Margin | 29.61% |
| Profit Margin | 28.64% |
| EBITDA Margin | 40.41% |
| EBIT Margin | 32.49% |
| FCF Margin | 33.90% |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 5.05%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 5.05% |
| Dividend Growth (YoY) | 102.22% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 31.00% |
| Buyback Yield | -9.02% |
| Shareholder Yield | -3.97% |
| Earnings Yield | 16.43% |
| FCF Yield | 19.44% |
Analyst Forecast
The average price target for ASC is $21.00, which is 26.35% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $21.00 |
| Price Target Difference | 26.35% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 5.07 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.07 |
| Piotroski F-Score | 6 |