Ardmore Shipping Corp
Research Ardmore Shipping Corp (ASC) on Bullrun: valuation model: 3.8% overvalued, market cap USD 787.62M, P/E 7.5, dividend yield 6.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerASC
- ExchangeNYSE
- CountryBermuda
- SectorIndustrials
- IndustryMarine Shipping
- CurrencyUSD
- Valuation signal3.8% overvalued
- Market capUSD 787.62M
- P/E7.5
- Dividend yield6.4%
- Financial periodQ2 2026
- RevenueUSD 116.21M
- Net incomeUSD 60.52M
- Free cash flowUSD 51.70M
- Gross margin49.7%
Valuation Snapshot
Bullrun's latest valuation model marks Ardmore Shipping Corp as 3.8% overvalued; latest market cap is USD 787.62M; P/E is 7.5; dividend yield is 6.4%.
Peer valuation comparison
Latest P/E is 7.47x versus a Industrials sector median of 21.26x (64.9% below).
Latest dividend yield is 6.41% versus a Industrials sector median of 2.27% (182.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 310.20M | USD 41.01M | -USD 39.07M | 28.1% | 0.88 | USD 46.85M | USD 127.00M | USD 634.34M |
| FY2024 | USD 405.78M | USD 133.01M | USD 99.43M | 42.3% | 3.06 | USD 46.99M | USD 38.80M | USD 607.64M |
| FY2023 | USD 395.98M | USD 116.81M | USD 134.23M | 42.2% | 2.71 | USD 46.81M | USD 46.03M | USD 537.40M |
| FY2022 | USD 445.74M | USD 138.45M | USD 122.87M | 43.9% | 3.52 | USD 50.57M | USD 128.80M | USD 469.40M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 787.62M | 7.5 | 6.6% | 1.27 |
| 2025 | 2025-12-31 | USD 431.35M | 11.9 | 0.7% | 0.07 |
| 2024 | 2024-12-31 | USD 491.53M | 4.0 | 7.4% | 0.9 |
| 2023 | 2023-12-29 | USD 581.90M | 4.2 | 8.2% | 1.15 |
| 2022 | 2022-12-30 | USD 584.30M | 7.8 | n/a | n/a |
| 2021 | 2021-12-31 | USD 116.15M | n/a | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.27 USD, yield 6.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.07 USD |
| FY2024 | 0.9 USD |
| FY2023 | 1.15 USD |
About Ardmore Shipping Corp
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.
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Frequently asked questions
Is Ardmore Shipping Corp overvalued or undervalued?
Bullrun's valuation model currently marks Ardmore Shipping Corp as 3.8% overvalued.
What is Ardmore Shipping Corp's market cap?
Ardmore Shipping Corp's market capitalization is USD 787.62M.
What is Ardmore Shipping Corp's P/E ratio?
Ardmore Shipping Corp's price-to-earnings (P/E) ratio is 7.5.
Does Ardmore Shipping Corp pay a dividend?
Ardmore Shipping Corp has a dividend yield of 6.4%.
What does Ardmore Shipping Corp do?
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.