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AS

Ardmore Shipping Corporation

ASCIndustrialsNASDAQ

Marine Shipping

PriceMA150MA200
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Indicator snapshot
MA150+17.95%
$14.09

Price above medium-term moving average.

MA200+23.21%
$13.49

Above long-term trend line.

RSI-14neutral
37.8

Balanced. Not overbought, not oversold.

MACDnegative
-0.3383

Histogram negative — downward momentum.

Financials · Annual
Revenue
$310.2M
-23.6% YoY
Net Income
$41.0M
-69.2% YoY
EBITDA
$80.5M
-53.6% YoY
Free Cash Flow
-$66.4M

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About Ardmore Shipping Corporation

Part of the industrials sector, Ardmore Shipping Corporation (ASC) is listed under Marine Shipping. The company carries a $678.1M market cap, placing it firmly in the small-cap category. The company's fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels.

Key stats
Market Cap$678.1M
P/E (TTM)12.59
Fwd P/E19.44
EPS$1.32
Beta0.02
52W Change+72.9%
Dividend Yield3.91%
ROE9.0%
Analysis

The company holds $47.2M in cash, though total debt stands at $105.1M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$66.4M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 9.0% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has pulled back from $445.7M (2022) to $310.2M (2025), a 30% decline worth watching.

With a beta below 0.7, Ardmore Shipping Corporation typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing ASC's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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