ASC:NYE-Ardmore Shipping Corporation (USD)

COMMON STOCK | Marine Shipping | NYE

Last Closing Price

USD 3.89

Change

-0.03 (-0.77)%

Market Cap

USD 0.13B

Volume

0.25M

Average Target Price

USD 5.50 (+41.39%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, 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.

Company Website : http://ardmoreshipping.com

Address : Belvedere Building, Pembroke, Bermuda, HM08

Employees : 47

Fiscal Year End : December

Currency: USD

Country : USA

Technical Indicators

Beta : 1.14

52 Week High : 7.92

Short Ratio : 1.95

52 Week Low : 2.61

Shorted Shares : 719,272

200 Day Moving Average : 3.66

Shorted Shares Previous Month : 714,018

50 Day Moving Average : 4.49

Short Percentage : 2.00%

Shares Held by Institutions : 78%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-21 )

Largest Industry Peers for Marine Shipping

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
KEX Kirby Corporation

+1.71 (+2.83%)

 USD3.63B 27.66 293.62
MATX Matson, Inc

+0.75 (+1.12%)

 USD3.07B 15.10 8.43
CMRE Costamare Inc

+0.36 (+3.83%)

 USD1.20B 5.47 14.76
SOIEF Stolt-Nielsen Limited

-0.24 (-1.55%)

 USD1.06B 19.03 7.31
DAC Danaos Corporation

+2.73 (+5.63%)

 USD1.00B 7.51 8.07
SFL SFL Corporation Ltd

+0.20 (+2.64%)

 USD0.97B 14.77 220.93
CMRE-PB Costamare Inc

+0.13 (+0.53%)

 USD0.65B 27.90 N/A
CMRE-PC Costamare Inc

+0.10 (+0.39%)

 USD0.63B 29.61 N/A
KNOP KNOT Offshore Partners LP

+0.21 (+1.10%)

 USD0.62B 10.96 8.72
CMRE-PD Costamare Inc

+0.05 (+0.20%)

 USD0.61B 27.09 N/A

ETFs Containing ASC

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Marine Shipping)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 18.96% 44% F 76% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.96% 40% F 74% C
Trailing 12 Months  
Capital Gain -37.06% 8% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -37.06% 4% F 3% F
Trailing 5 Years  
Capital Gain -59.86% 13% F 7% F
Dividend Return 3.30% 13% F 9% F
Total Return -56.55% 13% F 6% F
Average Annual (5 Year Horizon)  
Capital Gain -9.82% 20% F 11% F
Dividend Return 0.31% 11% F 7% F
Total Return -9.51% 12% F 9% F
Risk Return Profile  
Volatility (Standard Deviation) 27.93% 52% F 34% F
Risk Adjusted Return -34.06% 8% F 8% F
Market Capitalization 0.13B 12% F 20% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Marine Shipping)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 8.76 87% B+ 82% B-
Price/Book Ratio 0.41 94% A 97% A+
Price / Cash Flow Ratio 2.83 60% D- 71% C-
EV/EBITDA 11.31 47% F 64% D
Management Effectiveness  
Return on Equity -1.87% 48% F 31% F
Return on Invested Capital 4.62% 44% F 53% F
Return on Assets 1.53% 40% F 42% F
Debt to Equity Ratio 58.71% 79% C+ 58% F
Technical Ratios  
Short Ratio 1.95 38% F 47% F
Short Percent 2.16% 56% F 67% D+
Beta 1.14 68% D+ 45% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.