Ardmore Shpng (ASC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ardmore Shpng stock $14.06, price $17.42, that is 19.3% below the price, quality 50 out of 100. Rating: overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $2.46 – $21.30 · fair‑value band $10.54 – $17.57 · the $17.42 price screens above the $14.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels.
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It serves oil majors, national oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Hamilton, Bermuda.
Stock analysis
Ardmore Shpng (ASC) currently trades at $17.42, while our model-based Fair Value estimate is $14.06, 19% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $14.79 per share, and 2 of the 16 models we run sit above the $17.42 price.
Bear case: the Dividend Discount group reads lowest at $5.85, and 14 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: $10.54 (bear) to $17.57 (bull), the price of $17.42 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Ardmore Shpng reported revenue of $310M in FY2025 versus $192M in FY2021, a compound +12.7%/yr. Reported net income was $41.0M in FY2025.
Key figures
Market cap $714M Small · P/E ratio 6.5 · P/S ratio 1.90 · EPS (TTM) $2.67 · Dividend yield 8.8% · Net margin 30.1% · Return on equity 16.8% · Return on assets (EBIT) 13.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (medium confidence).
What moves the price
The share trades about 18% below its 52-week high and 80% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −19%, ASC screens richer than that median.
Fair Value models
Bear$10.54Fair Value $14.06Bull$17.57
Price $17.42 · Downside -19.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.9659 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 4 officers or directors sold shares worth $980,398 and none bought.
SaleCurtis B McWilliamsDirector2× since May 12, 2026: 20,000 shares, avg. $19.32$386,328May 18, 2026
SaleHelen Johanna de JongDirector2× since May 12, 2026: 3,500 shares, avg. $18.98$66,432May 15, 2026
SaleAideen Siobhan O'DriscollSVP & Sr. Dir. of Corp. Svcs15,848 shares at $18.96$300,478May 12, 2026
SaleKirsi TikkaDirector12,000 shares at $18.93$227,160May 12, 2026
SaleBart B KelleherPresident8,000 shares at $19.07$152,560May 5, 202610b5-1 plan
Plus 5 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−23.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−11.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.1%
Start year 2020 (pandemic). Over 10 years: +7.0% a year
Revenue growth 14 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.7%
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What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−23.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−32.0%
Dividend (yield on the price)8.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 26%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Marine Shipping · 220 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−19.3% · Below median
Profitability
Return on equity (12 months)16.8% · Top 25%
Return on assets5.2% · Above median
Net margin (12 months)30.1% · Top 25%
Operating margin (12 months)19.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)8.0% · Below median
Dividend yield (12 months)8.8% · Top 25%
Balance sheet
Debt / equity0.20× · Below median
Valuation Multiplesvs Marine Shipping median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Ardmore Shpng Fair Value". https://www.fairvalue-calculator.com/stock/ASC
Frequently asked questions
Is Ardmore Shpng (ASC) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $14.06 versus a price of $17.42, about 19% lower (overvalued).
What is the fair value of ASC?
Our model-based fair value for Ardmore Shpng is $14.06 (as of Nov 6, 2026), built from audited fundamentals. The current price: $17.42.
What is the quality score of ASC?
Ardmore Shpng has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Ardmore Shpng (ASC)?
Our model-based price target is the fair value of $14.06 (as of Nov 6, 2026) from 16 valuation models. Cautious scenario $10.54, optimistic scenario $17.57. It is a calculation from audited fundamentals, not an analyst target.
What is the Ardmore Shpng stock forecast for 2026?
Our models put fair value at $14.06, about 19% lower versus a price of $17.42 (overvalued). Cautious scenario $10.54, optimistic scenario $17.57. The calculation is refreshed regularly with new filings.
What is the revenue of Ardmore Shpng (ASC)?
Ardmore Shpng reported trailing-twelve-month revenue of about $375M (latest available figure, as of Nov 6, 2026).
Does Ardmore Shpng pay a dividend?
Ardmore Shpng currently shows a dividend yield of 8.84% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Ardmore Shpng (ASC) and when is the ex-dividend date?
Ardmore Shpng pays a dividend of $1.54 per share a year, a dividend yield of 8.8%. The next ex-dividend date is Nov 27, 2026. The payout ratio is 57.7% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Ardmore Shpng (ASC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ardmore Shpng it is $14.06 per share (as of Nov 6, 2026), against a price of $17.42. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Ardmore Shpng stock overvalued or undervalued in 2026?
As of Nov 6, 2026, ASC trades above its calculated fair value: price $17.42, fair value $14.06, a gap of about −19% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ASC?
No. The price is what the market pays today ($17.42); the fair value is what the company's own numbers justify ($14.06). For Ardmore Shpng the two are $3.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ardmore Shpng worth?
The market values Ardmore Shpng at about $714M (market capitalisation, as of Nov 6, 2026). Per share that is $17.42; our models calculate a fair value of $14.06 per share.
What do the bullish and bearish scenarios say about ASC?
Our models span a range for Ardmore Shpng: cautious scenario $10.54, base $14.06, optimistic $17.57 per share (as of Nov 6, 2026, price $17.42). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ASC?
Ardmore Shpng trades at a price-to-earnings ratio of 6.5 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $14.06 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2016 to 2025), reported earnings: 5.0. Other multiples: P/B 1.1, P/S 1.9, EV/EBITDA 5.5.
How solid is the balance sheet of Ardmore Shpng (ASC)?
Balance-sheet figures for Ardmore Shpng (as of Nov 6, 2026): return on equity 16.8%, debt of 0.20 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is ASC from its 52-week high?
Ardmore Shpng trades at $17.42, about 18% below its 52-week high of $21.30 and 80% above the low of $9.69 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $14.06 is for.
Which stocks are comparable to Ardmore Shpng?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ardmore Shpng stock attractive at the current price?
The data as of Nov 6, 2026: price $17.42, calculated fair value $14.06 (−19%), Quality Score 50/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ASC calculated?
We run Ardmore Shpng through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $14.06 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Ardmore Shpng itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ardmore Shpng (ASC)?
The closing price on Nov 6, 2026 was $17.42. Our model-based fair value is $14.06, about 19% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ardmore Shpng right now?
Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Ardmore Shpng (ASC) come from?
Earnings per share at Ardmore Shpng grew +19.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.1 %, EBIT margin +5.4 %, tax rate +0.0 %, residual (interest, one-offs) +6.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Ardmore Shpng
How large is the market capitalisation of Ardmore Shpng (ASC)?
The market capitalisation of Ardmore Shpng is $714M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ardmore Shpng (ASC)?
The price-to-sales ratio of Ardmore Shpng is 1.90 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ardmore Shpng (ASC)?
Earnings per share at Ardmore Shpng are $2.67 (price ÷ EPS = P/E 6.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ardmore Shpng (ASC)?
The dividend yield of Ardmore Shpng is 8.8% (payout 57.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ardmore Shpng (ASC)?
The net margin of Ardmore Shpng is 30.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ardmore Shpng (ASC)?
The return on equity (ROE) of Ardmore Shpng is 16.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ardmore Shpng (ASC)?
On an EBIT basis the return on assets of Ardmore Shpng is 13.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ardmore Shpng (ASC)?
The operating margin of Ardmore Shpng is 19.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ardmore Shpng (ASC)?
Revenue at Ardmore Shpng is growing +8.0% versus a year earlier (3y avg −11.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ardmore Shpng (ASC)?
Earnings per share at Ardmore Shpng are growing +34.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ardmore Shpng (ASC) generate?
The free cash flow of Ardmore Shpng is −$39.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Ardmore Shpng (ASC) carry?
The net debt of Ardmore Shpng is $82.0M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 6, 2026