Ardmore Shipping Corporation (ASC): Price and Financial Metrics


Ardmore Shipping Corporation (ASC)

Today's Latest Price: $3.47 USD

0.05 (-1.42%)

Updated Nov 27 5:04pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

ASC Stock Summary

  • Of note is the ratio of Ardmore Shipping Corp's sales and general administrative expense to its total operating expenses; only 14.02% of US stocks have a lower such ratio.
  • As for revenue growth, note that ASC's revenue has grown 39.93% over the past 12 months; that beats the revenue growth of 87.82% of US companies in our set.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ASC comes in at 41.14% -- higher than that of 93.98% of stocks in our set.
  • Stocks that are quantitatively similar to ASC, based on their financial statements, market capitalization, and price volatility, are EGLE, TNK, LPG, CTRE, and FTAI.
  • ASC's SEC filings can be seen here. And to visit Ardmore Shipping Corp's official web site, go to ardmoreshipping.com.

ASC Stock Price Chart Interactive Chart >

Price chart for ASC

ASC Price/Volume Stats

Current price $3.47 52-week high $9.41
Prev. close $3.52 52-week low $2.61
Day low $3.41 Volume 243,600
Day high $3.54 Avg. volume 409,728
50-day MA $3.17 Dividend yield 1.44%
200-day MA $4.40 Market Cap 115.29M

Ardmore Shipping Corporation (ASC) Company Bio


Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of tankers. The company was founded in 2010 and is based in Hamilton, Bermuda.

ASC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$3.47$39.69 1206%

Below please find a table outlining a discounted cash flow forecast for ASC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ardmore Shipping Corp ranked in the 87th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1212.17% on a DCF basis. The most interesting components of our discounted cash flow analysis for Ardmore Shipping Corp ended up being:

  • 19% of the company's capital comes from equity, which is greater than merely 6.38% of stocks in our cash flow based forecasting set.
  • Ardmore Shipping Corp's weighted average cost of capital (WACC) is 17%; for context, that number is higher than 96.13% of tickers in our DCF set.
  • As a business, Ardmore Shipping Corp experienced a tax rate of about 1% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than merely 21.84% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%1180%
1%1193%
2%1206%
3%1219%
4%1231%
5%1244%

ACA, SFL, GBX, ARC, and LXFR can be thought of as valuation peers to ASC, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.


ASC Latest News Stream


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Latest ASC News From Around the Web

Below are the latest news stories about Ardmore Shipping Corp that investors may wish to consider to help them evaluate ASC as an investment opportunity.

How COVID-19 Is Influencing Shipping's Long-Term Outlook

Note: This report was published July 17, 2020, on Value Investor's Edge. Overview During 2009-2018, shipping was defined by a massive bear market which saw fleeting bull runs. But shipping is highly cyclical. This cyclicality hit a tipping point in 2018, when we began ushering in a new dynamic. One...

James Catlin on Seeking Alpha | August 17, 2020

Ardmore Shipping Files Investor Presentation Including Further TCE Rate Analysis

Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today filed its current investor presentation with the SEC for reference.

Yahoo | July 31, 2020

Ardmore Shipping Corporation (ASC) CEO Anthony Gurnee on Q2 2020 Results - Earnings Call Transcript

Ardmore Shipping Corporation (ASC) Q2 2020 Results Earnings Conference Call July 28, 2020 10:00 AM ET Company Participants Anthony Gurnee - President & Chief Executive Officer Paul Tivnan - Senior Vice President & Chief Financial Officer Conference Call Participants Jon Chappell - Evercore ISI Chris Tsung - Webber Research and...

SA Transcripts on Seeking Alpha | July 29, 2020

Ardmore Shipping Announces Second Quarter 2020 Conference Call and Webcast

Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings before the market opens on Tuesday, July 28, 2020 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet.

Yahoo | July 22, 2020

Ardmore Shipping (ASC) Earnings Expected to Grow: Should You Buy?

Ardmore Shipping (ASC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | July 22, 2020

Read More 'ASC' Stories Here

ASC Price Returns

1-mo 23.93%
3-mo -7.22%
6-mo -38.37%
1-year -56.21%
3-year -55.99%
5-year -70.50%
YTD -61.34%
2019 93.79%
2018 -41.63%
2017 8.11%
2016 -38.88%
2015 11.54%

ASC Dividends

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