# Ardmore Shipping Corporation (ASC) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Marine. Price $18.17, market value $742 million.

## Valuation
- **P/E (trailing): 7.1×** (5-yr avg 5.9×, 3-yr avg 6.7×). Ardmore Shipping Corporation trades at 7.1× trailing earnings, well above its own five-year average of 5.9×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 22.2×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 2.0×**. Each dollar of revenue is priced at 2.0×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.7×**. Enterprise value is 5.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 2.4%**. Free cash flow equals 2.4% of the market value.
- **Earnings yield: 14.1%**. The inverse of the P/E: 14.1% of the price is earned each year.

## Profitability
- **Gross margin: 38.3%**. Ardmore Shipping Corporation keeps 38.3% of revenue after the direct cost of what it sells.
- **Operating margin: 30.4%**. 30.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 13.2%**. 13.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.5%**. 6.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 14.7%**. Return on all capital, debt included, is 14.7%.
- **Return on assets: 13.9%**. Each dollar of assets produces 13.9% of profit.

## Growth
- **Revenue growth (1 yr): -23.6%** (3-yr -11.4%/yr, 5-yr 7.1%/yr). Revenue fell 23.6% over the last year, against 7.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -71.2%** (3-yr -37.0%/yr). Earnings per share fell 71.2%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.20**. Debt is 0.20 times equity: a conservative balance sheet.
- **Interest coverage: 16.1×**. Operating profit covers interest 16.1× over, a safe margin.
- **Current ratio: 4.33** (quick 4.33). Current assets cover the next year's liabilities 4.33 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 7.54%** ($1.37 per share, trailing). Ardmore Shipping Corporation yields 7.54%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 30%** (162% of free cash flow). 30% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): 43.1%/yr** (1-yr -72.2%). The dividend has compounded at 43.1% a year over five years, doubling roughly every 2 years at that pace.

## Price and momentum
- **Total return (1 yr): 60.1%** (YTD 76.7%, 3-mo 10.5%). The shares are up 60.1% over twelve months including dividends.
- **From 52-week high: -9.3%** (76.2% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.39** (volatility 39%). Beta of 0.39 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ASC · Page: https://foliofundamentals.com/stocks/asc

Not investment advice.