Ardmore Shipping Corp
NYSE:ASC

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Ardmore Shipping Corp
NYSE:ASC
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Price: 9.99 USD -1.58% Market Closed
Market Cap: 418m USD

Relative Value

The Relative Value of one ASC stock under the Base Case scenario is 10.32 USD. Compared to the current market price of 9.99 USD, Ardmore Shipping Corp is Undervalued by 3%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ASC Relative Value
Base Case
10.32 USD
Undervaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
42
vs Industry
53
Median 3Y
1.2
Median 5Y
0.9
Industry
1.2
Forward
1.5
vs History
44
vs Industry
43
Median 3Y
3.7
Median 5Y
2.9
Industry
10
Forward
7.7
vs History
65
vs Industry
43
Median 3Y
3.4
Median 5Y
3.2
Industry
4.9
vs History
26
vs Industry
25
Median 3Y
-3.7
Median 5Y
-2.9
Industry
9.9
vs History
50
vs Industry
60
Median 3Y
0.9
Median 5Y
0.7
Industry
1.2
vs History
96
vs Industry
60
Median 3Y
1.6
Median 5Y
1.7
Industry
1.7
Forward
1.5
vs History
95
vs Industry
66
Median 3Y
3.1
Median 5Y
4.3
Industry
4.5
vs History
90
vs Industry
47
Median 3Y
4.1
Median 5Y
5.8
Industry
5.9
Forward
4.4
vs History
66
vs Industry
45
Median 3Y
3.8
Median 5Y
4.9
Industry
8.3
Forward
7.1
vs History
80
vs Industry
50
Median 3Y
3.5
Median 5Y
5
Industry
6.4
vs History
63
vs Industry
37
Median 3Y
4.9
Median 5Y
5.4
Industry
10.8
vs History
71
vs Industry
56
Median 3Y
0.9
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

ASC Competitors Multiples
Ardmore Shipping Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Ardmore Shipping Corp
NYSE:ASC
404.1m USD 1 3.1 2.5 3.1
CA
Enbridge Inc
TSX:ENB
138.2B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.2B USD 7.1 33.4 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.6B USD 1.3 12.4 10.9 14.7
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
64B USD 4.2 24.7 13.9 21.4
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.8 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.3B USD 4.5 12.7 11 13.7
US
Cheniere Energy Inc
NYSE:LNG
52B USD 3.3 16 9.8 11.8
CA
TC Energy Corp
TSX:TRP
72.5B CAD 5.3 15.8 14.9 22
US
Targa Resources Corp
NYSE:TRGP
44.8B USD 2.7 35.3 14.2 21.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
Ardmore Shipping Corp
NYSE:ASC
Average EV/EBITDA: 12.2
2.5
-12%
N/A
CA
Enbridge Inc
TSX:ENB
15.4
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.9
16%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
10.9
7%
1.6
US
Energy Transfer LP
NYSE:ET
8.7
9%
1
US
Kinder Morgan Inc
NYSE:KMI
13.9
11%
1.3
US
ONEOK Inc
NYSE:OKE
14.5
15%
1
US
MPLX LP
NYSE:MPLX
11
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.8
0%
N/A
CA
TC Energy Corp
TSX:TRP
14.9
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
14.2
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
Ardmore Shipping Corp
NYSE:ASC
Average EV/EBIT: 17.5
3.1
-16%
N/A
CA
Enbridge Inc
TSX:ENB
23.5
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.8
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
14.7
7%
2.1
US
Energy Transfer LP
NYSE:ET
13.5
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
21.4
13%
1.6
US
ONEOK Inc
NYSE:OKE
17.8
14%
1.3
US
MPLX LP
NYSE:MPLX
13.7
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.8
0%
N/A
CA
TC Energy Corp
TSX:TRP
22
16%
1.4
US
Targa Resources Corp
NYSE:TRGP
21.7
16%
1.4