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Ardmore Shipping Corporation (ASC) Fair Value & Analysis

Industrials · US · Market cap $677M

AS Ardmore Shipping Corporation logo Ardmore Shipping Corporation ASC · US
Price$17.89
Fair Value$14.07
Upside-21.4%
Quality95/100
Evidence: High Range $10.55 – $17.59

Fair value as of: Jun 24, 2026

From 16 valuation models · updated 5 days ago

Share price −10.5% over the past month.

Price vs Fair Value (12 months)

$23.89 $11.43 Fair Value $14.07 Jun 2025 Jun 2026

12‑month range $11.43 – $23.89 · fair‑value band $10.55 – $17.59 · the $17.89 price screens above the $14.07 fair value. As of Jun 24, 2026.

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Analysis

Ardmore Shipping Corporation (ASC) currently trades at $17.89, while our model-based Fair Value estimate is $14.07 — implying the stock looks roughly 21.4% overvalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Ardmore Shipping Corporation generated revenue of $324M at a net margin of 18.0%. Revenue grew 18.8% year over year. It earns a return on equity of 9.0%. Net debt stands at $82.0M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) $324M
Revenue growth (YoY) +18.8%
Net margin 18.0%
Return on equity 9.0%
Free cash flow −$39.1M FY2025
P/E ratio 12.6
More key figures
Operating margin 29.1%
EPS (TTM) $1.32
Dividend yield 3.9%
EPS growth (YoY) +316%
Net debt $82.0M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

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. 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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ardmore Shipping Corporation reported revenue of $310M in FY2025 versus $192M in FY2021, a compound +12.7%/yr. Reported net income was $41.0M in FY2025.

Revenue +12.7%/yr
FY21 $192M
FY22 $446M
FY23 $396M
FY24 $406M
FY25 $310M
Net income
FY21 −$36.8M
FY22 $138M
FY23 $117M
FY24 $133M
FY25 $41.0M

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Frequently asked questions

Is Ardmore Shipping Corporation (ASC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of $14.07 versus a price of $17.89 — about −21% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ASC?
Our 21-model fair value for Ardmore Shipping Corporation is $14.07 (as of Jun 24, 2026), built from audited fundamentals. The current price is $17.89.
What is the quality score of ASC?
Ardmore Shipping Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ardmore Shipping Corporation (ASC)?
Ardmore Shipping Corporation reported trailing-twelve-month revenue of about $324M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ASC?
The net profit margin of Ardmore Shipping Corporation is about 18.0%, meaning it keeps roughly 18.0% of revenue as net income. Based on the latest reported figures.
Does Ardmore Shipping Corporation pay a dividend?
Ardmore Shipping Corporation currently shows a dividend yield of about 3.86% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.