-1.25%
-4.51%
-15.46%
-40.17%
-26.86%
227.90%
95.87%
AI Spotlight on ASC
Company Description
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.
Market Data
| Last Price | 11.87 |
| Change Percentage | -1.25% |
| Open | 11.93 |
| Previous Close | 12.02 |
| Market Cap ( Millions) | 497 |
| Volume | 587439 |
| Year High | 23.44 |
| Year Low | 10.86 |
| M A 50 | 11.85 |
| M A 200 | 17.05 |
Financial Ratios
| FCF Yield | 17.70% |
| Dividend Yield | 9.10% |
| ROE | 24.51% |
| Debt / Equity | 4.52% |
| Net Debt / EBIDTA | -9.80% |
| Price To Book | 0.75 |
| Price Earnings Ratio | 3.27 |
| Price To FCF | 5.65 |
| Price To sales | 1.18 |
| EV / EBITDA | 2.67 |
News
- Jan -28 - Ardmore Shipping Announces 2025 Investor Day in New York
- Jan -28 - Ardmore Shipping: Trading Significantly Below NAV While Day Rates Continue To Advance
- Jan -27 - Ardmore Shipping (ASC) Increases Despite Market Slip: Here's What You Need to Know
- Jan -23 - Ardmore Shipping (ASC) Flat As Market Gains: What You Should Know
- Jan -22 - 69 Graham Value All-Stars, Of 20 'Safer' Choices, Buy Any Of 14
- Jan -15 - Ardmore Shipping (ASC) Rises But Trails Market: What Investors Should Know
- Jan -09 - Ardmore Shipping (ASC) Stock Drops Despite Market Gains: Important Facts to Note
- Jan -03 - Ardmore Shipping (ASC) Stock Declines While Market Improves: Some Information for Investors
- Jan -02 - New Strong Sell Stocks for January 2nd
- Dec -27 - Ardmore Shipping (ASC) Increases Despite Market Slip: Here's What You Need to Know
- Dec -23 - Ardmore Shipping: Net Cash Balance Sheet With Meaningful Exposure To Chemical Tanker Market
- Dec -18 - Ascletis Announces ASC47, a Muscle-Preserving Weight Loss Drug Candidate for Treatment of Obesity, in Combination with Semaglutide, Demonstrated Superior Weight Loss to Semaglutide Monotherapy in a Preclinical Model
- Nov -20 - ZyVersa Therapeutics Announces Peer-Reviewed Publication Demonstrating That Inflammasome ASC Inhibitor IC 100 Protects Against Stroke-Related Cardiovascular Injury and Dysfunction in Preclinical Trial
- Nov -19 - Ardmore Shipping: Appealing Again At A Massive Discount And Attractive Yield; Rating Upgrade
- Nov -19 - Ardmore Shipping: Recent Sell-Off Has Created A Golden Buying Opportunity
- Nov -12 - Ascletis Completes Enrollment of Phase III Trial of ASC40 (Denifanstat) Once-Daily Oral Tablet for Treatment of Acne
- Nov -07 - Ascletis Announces Promising Results from a Phase I Study in Australia for First-in-Class Muscle-Preserving Weight Loss Drug Candidate ASC47 for the Treatment of Obesity
- Nov -06 - Ardmore Shipping Corporation (ASC) Q3 2024 Earnings Call Transcript
- Nov -06 - Ardmore Shipping (ASC) Tops Q3 Earnings and Revenue Estimates
- Nov -06 - Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Spot Charters
Expected Growth : 4.5 %
What the company do ?
Spot Charters from Ardmore Shipping Corporation refer to short-term vessel rentals for a single voyage or a limited period, offering flexibility in cargo transportation.
Why we expect these perspectives ?
Increasing global trade, growing demand for flexible cargo transportation, and rising need for short-term vessel rentals drive the growth of spot charters from Ardmore Shipping Corporation.
Segment n°2 -> Other
Expected Growth : 4.5 %
What the company do ?
Ardmore Shipping Corporation's 'Other' segment includes income from management fees, gains on sale of vessels, and other miscellaneous income.
Why we expect these perspectives ?
Ardmore Shipping Corporation's 'Other' segment is expected to grow driven by increasing management fees from a growing fleet, gains on sale of vessels, and miscellaneous income from diversified services.
Ardmore Shipping Corporation Products
| Product Range | What is it ? |
|---|---|
| Tanker Fleet | Ardmore Shipping Corporation operates a fleet of tanker vessels that transport petroleum products, including crude oil, refined petroleum products, and specialty chemicals. |
| Chartering Services | Ardmore Shipping Corporation offers chartering services to oil majors, refiners, and traders, providing access to a fleet of modern tanker vessels. |
| Vessel Management | Ardmore Shipping Corporation provides vessel management services, including technical management, crew management, and commercial management. |
| Ship Management | Ardmore Shipping Corporation offers ship management services, including newbuilding supervision, ship repair, and dry-docking. |
Ardmore Shipping Corporation's Porter Forces
Threat Of Substitutes
Ardmore Shipping Corporation operates in a niche market with limited substitutes, but there are some alternatives available to customers.
Bargaining Power Of Customers
Ardmore Shipping Corporation has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Ardmore Shipping Corporation relies on a few key suppliers for its operations, giving them some bargaining power.
Threat Of New Entrants
The shipping industry has high barriers to entry, making it difficult for new entrants to compete with Ardmore Shipping Corporation.
Intensity Of Rivalry
The shipping industry is highly competitive, with many established players competing for market share.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 8.28% |
| Debt Cost | 5.80% |
| Equity Weight | 91.72% |
| Equity Cost | 5.80% |
| WACC | 5.80% |
| Leverage | 9.03% |
Ardmore Shipping Corporation : Quality Control
Ardmore Shipping Corporation passed 9 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| SFL | SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term … |
| PANL | Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, … |
| GNK | Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports … |
| CLCO | Cool Company Ltd. engages in the ownership, operation, and management of liquefied natural gas carriers (LNGCs) that provides supply chain support solutions for energy industry. The company owns and operates … |
| ALC.TO | Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates in six segments: … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Genco Shipping & Trading
A-Score
1-Year Total Return ->
🥈
Algoma Central
A-Score
1-Year Total Return ->
🥉
Ardmore Shipping
A-Score
1-Year Total Return ->
4
SFL Corporation
A-Score
1-Year Total Return ->
5
Pangaea Logistics Solutions
A-Score
1-Year Total Return ->
6
