Ardmore Shipping Corp. (ASC) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

131.13 k

Shareholding (Mar 2025)

FII

9.82%

Held by 74 FIIs

DII

60.27%

Held by 33 DIIs

Promoter

0.00%

How big is Ardmore Shipping Corp.?

22-Jun-2025

As of Jun 18, Ardmore Shipping Corp. has a market capitalization of 447.76 million, with net sales of 373.49 million and a net profit of 99.28 million over the latest four quarters.

What does Ardmore Shipping Corp. do?

22-Jun-2025

Ardmore Shipping Corp. specializes in the seaborne transportation of petroleum products and chemicals, classified as a micro-cap company with a market cap of $447.76 million. As of March 2025, it reported net sales of $74 million and a net profit of $6 million.

Who are in the management team of Ardmore Shipping Corp.?

22-Jun-2025

As of March 2022, the management team of Ardmore Shipping Corp. includes Mr. Curtis McWilliams (Independent Chairman), Mr. Anthony Gurnee (CEO), and several independent directors: Dr. Kirsi Tikka, Mr. Mats Berglund, Mr. Brian Dunne, Dr. Peter Swift, and Ms. Helen Tveitan de Jong. They oversee the company's operations and strategic direction.

Is Ardmore Shipping Corp. overvalued or undervalued?

20-Sep-2025

As of November 6, 2024, Ardmore Shipping Corp. is considered very attractive with a low P/E ratio of 4 and a Price to Book Value of 0.64, indicating it is undervalued compared to peers, despite a recent one-year return of -25.28%, while showing strong long-term performance with a five-year return of 251.60%.

Is Ardmore Shipping Corp. technically bullish or bearish?

20-Sep-2025

As of September 8, 2025, Ardmore Shipping Corp. shows a mildly bullish trend with positive short-term indicators, despite mixed signals from longer time frames and a significant underperformance over the past year.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

With a fall in EPS of -61.38%, the company declared Very Negative results in Jun 25

The company has declared negative results for the last 2 consecutive quarters
The company has declared negative results in Dec 24 after 3 consecutive negative quarters
OPERATING CASH FLOW(Y) Lowest at USD 100.16 MM
PRE-TAX PROFIT(Q) At USD 9.74 MM has Fallen at -61.97%
NET PROFIT(Q) At USD 9.6 MM has Fallen at -60.5%

With ROE of 15.22%, it has a very attractive valuation with a 0.64 Price to Book Value

Mojo Parameters

Stock DNA

Industry

Transport Services

Market cap

USD 528 Million (Micro Cap)

P/E

4.00

Industry P/E

Dividend Yield

2.33%

Debt Equity

-0.03

Return on Equity

7.05%

Price to Book

0.82

Revenue and Profits:

Net Sales:

72 Million

(Quarterly Results - Jun 2025)

Net Profit:

10 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

2.31%

6 Months

23.3%

1 Year

6.69%

2 Years

-14.51%

3 Years

-25.25%

4 Years

235.01%

5 Years

246.67%

Ardmore Shipping Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Ardmore Shipping Corp. technically bullish or bearish?

As of 8 September 2025, the technical trend for Ardmore Shipping Corp. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is bearish, indicating mixed signals across time frames. The daily moving averages are bullish, supporting a positive short-term outlook. However, the monthly Bollinger Bands and KST are mildly bearish, suggesting caution. Dow Theory and OBV both indicate a mildly bullish stance on a weekly and monthly basis. In terms of performance, Ardmore Shipping has outperformed the S&P 500 over the past week and month, with returns of 6.56% and 20.31% respectively, but it has significantly underperformed over the past year with a return of -25.28% compared to the S&P 500's 17.14%. Overall, the current technical stance is mildly bullish, driven by positive short-term indicators despite some bearish signals in longer time frames....

Is Ardmore Shipping Corp. overvalued or undervalued?

As of 6 November 2024, Ardmore Shipping Corp. has moved from a fair to a very attractive valuation grade. The company appears to be undervalued, supported by a P/E ratio of 4, a Price to Book Value of 0.64, and an EV to EBITDA ratio of 2.99. In comparison to peers, Genco Shipping & Trading Ltd. has a significantly higher P/E of 46.00, while Teekay Corp. shows a P/E of 4.37, indicating that Ardmore Shipping is trading at a substantial discount relative to its industry. Despite a challenging one-year return of -25.28%, which underperformed the S&P 500's 17.14%, Ardmore Shipping has shown resilience with a five-year return of 251.60%, outperforming the S&P 500's 96.61% over the same period. This suggests that while the company may currently be undervalued, it has the potential for recovery and growth in the long term....

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

5.68%

EBIT Growth (5y)

6.83%

EBIT to Interest (avg)

7.77

Debt to EBITDA (avg)

2.03

Net Debt to Equity (avg)

-0.04

Sales to Capital Employed (avg)

38.73

Tax Ratio

0.15%

Dividend Payout Ratio

35.31%

Pledged Shares

Institutional Holding

83.17%

ROCE (avg)

13.10%

ROE (avg)

12.14%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.64

EV to EBIT

4.10

EV to EBITDA

2.99

EV to Capital Employed

0.63

EV to Sales

1.03

PEG Ratio

Dividend Yield

6.15%

ROCE (Latest)

15.28%

ROE (Latest)

15.22%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Bearish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bearish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 59 Schemes (29.9%)

Foreign Institutions

Held by 74 Foreign Institutions (9.82%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -2.70% vs -9.76% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 52.38% vs 1.61% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "72.00",
          "val2": "74.00",
          "chgp": "-2.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.60",
          "val2": "15.70",
          "chgp": "24.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.00",
          "val2": "0.90",
          "chgp": "11.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "9.60",
          "val2": "6.30",
          "chgp": "52.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "145.40%",
          "val2": "96.90%",
          "chgp": "4.85%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 2.47% vs -11.15% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 13.27% vs -15.67% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "405.80",
          "val2": "396.00",
          "chgp": "2.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "162.20",
          "val2": "159.50",
          "chgp": "1.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.80",
          "val2": "11.40",
          "chgp": "-40.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "2.10",
          "val2": "-0.30",
          "chgp": "800.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "132.30",
          "val2": "116.80",
          "chgp": "13.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "316.10%",
          "val2": "323.60%",
          "chgp": "-0.75%",
          "chgp_class": "negative"
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]

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

72.00

74.00

-2.70%

Operating Profit (PBDIT) excl Other Income

19.60

15.70

24.84%

Interest

1.00

0.90

11.11%

Exceptional Items

0.00

Consolidate Net Profit

9.60

6.30

52.38%

Operating Profit Margin (Excl OI)

145.40%

96.90%

4.85%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is -2.70% vs -9.76% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 52.38% vs 1.61% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

405.80

396.00

2.47%

Operating Profit (PBDIT) excl Other Income

162.20

159.50

1.69%

Interest

6.80

11.40

-40.35%

Exceptional Items

2.10

-0.30

800.00%

Consolidate Net Profit

132.30

116.80

13.27%

Operating Profit Margin (Excl OI)

316.10%

323.60%

-0.75%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 2.47% vs -11.15% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 13.27% vs -15.67% in Dec 2023

All Annual Results

Company CV

About Ardmore Shipping Corp.

Ardmore Shipping Corp.

Transport Services

Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals to national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The Company's segment relates to the operations of its vessels. The Company's fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation. The Company's vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Seavantage, Ardmore Seavanguard, Ardmore Sealion, Ardmore Seafox, Ardmore Seahawk, Ardmore Endeavour, Ardmore Seafarer, Ardmore Seatrader, Ardmore Seamaster and Ardmore Sealeader. The Company has over 30 subsidiaries, the majority of which represent single ship-owning companies for its fleet. Its subsidiaries include Ardmore Shipping (Bermuda) Limited (ASBL), Ardmore Shipping Services (Ireland) Limited (ASSIL), Ardmore Shipping (Asia) Pte. Limited and Ardmore Shipping (Americas) LLC.

Company Coordinates

Company Details

69 Pitts Bay Road , HAMILTON None : HM 08

Tel: 1 441 4057800

http://www.ardmoreshipping.com/

Registrar Details

Ardmore Shipping Corp.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Ardmore Shipping Corp.?

Watch in Real-Time

What does Ardmore Shipping Corp. do?

Who are in the management team of Ardmore Shipping Corp.?

Is Ardmore Shipping Corp. overvalued or undervalued?

Is Ardmore Shipping Corp. technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

With a fall in EPS of -61.38%, the company declared Very Negative results in Jun 25

With ROE of 15.22%, it has a very attractive valuation with a 0.64 Price to Book Value

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Ardmore Shipping Corp. technically bullish or bearish?

Is Ardmore Shipping Corp. overvalued or undervalued?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About Ardmore Shipping Corp.

Company Coordinates