Ardmore Shipping Corporation (ASC)
NYSE: ASC · IEX Real-Time Price · USD
15.86
-0.05 (-0.31%)
At close: Apr 17, 2024, 4:00 PM
16.18
+0.32 (2.02%)
After-hours: Apr 17, 2024, 4:25 PM EDT

Ardmore Shipping Statistics

Total Valuation

ASC has a market cap or net worth of $658.74 million. The enterprise value is $709.79 million.

Market Cap 658.74M
Enterprise Value 709.79M

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, before market open.

Earnings Date May 7, 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 (%) 62.69%
Float 35.21M

Valuation Ratios

The trailing PE ratio is 5.87 and the forward PE ratio is 3.39. ASC's PEG ratio is -6.04.

PE Ratio 5.87
Forward PE 3.39
PS Ratio 1.67
Forward PS 2.08
PB Ratio 1.23
P/FCF Ratio 4.94
PEG Ratio -6.04
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.44, with an EV/FCF ratio of 5.29.

EV / Earnings 6.26
EV / Sales 1.79
EV / EBITDA 4.44
EV / EBIT 5.52
EV / FCF 5.29

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 decreased by -3.19% 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 -3.19%
50-Day Moving Average 16.20
200-Day Moving Average 14.22
Relative Strength Index (RSI) 48.72
Average Volume (30 Days) 646,303

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 5.30%.

Dividend Per Share $0.84
Dividend Yield 5.30%
Dividend Growth (YoY) 102.22%
Years of Dividend Growth 1
Payout Ratio 31.00%
Buyback Yield -9.02%
Shareholder Yield -3.76%
Earnings Yield 17.12%
FCF Yield 20.26%
Dividend Details

Analyst Forecast

The average price target for ASC is $20.50, which is 29.26% higher than the current price. The consensus rating is "Strong Buy".

Price Target $20.50
Price Target Difference 29.26%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
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 4.93 and a Piotroski F-Score of 6.

Altman Z-Score 4.93
Piotroski F-Score 6