ASC

Ardmore Shipping Corporation

Fundamental data last updated:June 10, 2026

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company profile

SECTOR

Industrials

industry

Marine Shipping

Exchange

NYSE

County of HQ

BM

Next Earnings Date

07/29/2026

Business Summary

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

 


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VALUATION

P/E

11.61

Market Cap ($M USD)

$678.14M

Forward P/E

6.90

PEG

0.10

PRICE TO SALES

2.09

PRICE TO BOOK

1.03

EV / EBITDA

6.96

5-Year Average P/E

Free Cash Flow Yield

-5.45%

DCF Value

$36.20

Graham Number

$22.75

Price to FCF

-18.35

EV to FCF

-19.91

Earnings Yield

8.61%

FCF Yield

-5.45%

DIVIDEND

Yield

3.91%

Annual Payout

$0.65

Payout Ratio

26.72%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.43

Next Year EPS Growth Estimate

$2.41

Next Year Revenue Growth Estimate

$38.87B

Return on Equity (ROE)

9.01%

FREE CASH FLOW

Operating Margin

23.18%

Debt-to-Equity

0.20

Piotroski F-Score

6

Altman Z-Score

4.58

Return on Invested Capital (ROIC)

9.89%

Current Ratio

4.87

Quick Ratio

4.43

Net Debt to EBITDA

0.55

Interest Coverage

10.34

Gross Profit margin

30.99%

FCF PER SHARE

$-0.91

REVENUE PER SHARE

$7.95

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Gainseekers Quantitative Analysis

Summary

Ardmore Shipping Corporation’s valuation presents a compelling case for deep value investors. Recent pricing indicated it traded significantly below its DCF Value of $37.12 and Graham Number of $22.75, suggesting a potential mispricing. The Forward P/E of 8.11 and an Earnings Yield of 7.33% highlight its attractive earnings potential relative to price. With an Altman Z-score of 4.78, the company demonstrates robust financial health, indicating low bankruptcy risk and solid growth prospects.

AI Exposure / Tech Reliance

Operating within the Marine Shipping industry, Ardmore Shipping is positioned to leverage AI and modern tech for operational efficiency. While the sector is traditionally slow to adopt tech, advancements in logistics and fleet management could enhance its competitive edge. The company's adaptability will be crucial in navigating future technological shifts.

The Bull Case

For value or GARP investors, Ardmore Shipping shines with its impressive ROIC of 9.89%, indicating efficient capital use. Despite a negative FCF Yield, the company's operating margin of 23.18% and a Piotroski F-Score of 6 suggest strong operational execution and financial stability. These metrics reflect pricing power and a well-managed balance sheet, making it an attractive buy.

The Bear Case

However, Ardmore Shipping faces structural risks, notably its negative FCF Yield and Price to FCF ratio of -21.56, which highlight cash flow challenges. Trading near its 52-week high, the stock appears technically overextended, raising concerns about potential downside. Additionally, the Price/Sales ratio of 2.46 suggests the market may be overvaluing its revenue generation capabilities.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$19.00

Institutional Ownership %

1-Year Beta

0.02

Insider Buying % (6 Mo)

Distance to 52-Week High

20.52%

Distance to 52-Week Low

44.77%

EARNINGS SURPRISE %

12.84%

50-DAY SMA

$16.87

200-DAY SMA

$13.54

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.