Ardmore Shipping Corp
NYSE:ASC

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Ardmore Shipping Corp
NYSE:ASC
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Price: 9.58 USD 2.24% Market Closed
Market Cap: 388m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ASC stock under the Base Case scenario is 10.41 USD. Compared to the current market price of 9.58 USD, Ardmore Shipping Corp is Undervalued by 8%.

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
10.41 USD
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1
P/S
P/S
Price to Sales
1
vs History
49
vs Industry
53
Median 3Y
1.2
Median 5Y
0.9
Industry
1.2
Forward
1.6
More Details
3
P/E
P/E
Price to Earnings
3
vs History
47
vs Industry
43
Median 3Y
3.7
Median 5Y
2.9
Industry
9.8
Forward
6.7
More Details
2.4
P/OCF
P/OCF
Price to OCF
2.4
vs History
71
vs Industry
43
Median 3Y
3.4
Median 5Y
3.1
Industry
4.6
More Details
9.1
P/FCFE
P/FCFE
Price to FCFE
9.1
vs History
28
vs Industry
25
Median 3Y
-3.7
Median 5Y
-2.7
Industry
9.9
More Details
0.6
P/B
P/B
Price to Book Value
0.6
vs History
52
vs Industry
60
Median 3Y
0.9
Median 5Y
0.7
Industry
1.1
More Details
0.9
EV/S
EV/S
Enterprise Value to Sales
0.9
vs History
96
vs Industry
60
Median 3Y
1.5
Median 5Y
1.7
Industry
1.8
Forward
1.5
More Details
1.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.8
vs History
96
vs Industry
66
Median 3Y
2.8
Median 5Y
4.2
Industry
4.4
More Details
2.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
2.4
vs History
95
vs Industry
47
Median 3Y
3.7
Median 5Y
5.7
Industry
5.9
Forward
4.2
More Details
3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
3
vs History
73
vs Industry
45
Median 3Y
3.8
Median 5Y
4.5
Industry
8.3
Forward
6.8
More Details
2.4
EV/OCF
EV/OCF
Enterprise Value to OCF
2.4
vs History
82
vs Industry
50
Median 3Y
3.5
Median 5Y
4.8
Industry
6.2
More Details
3.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
3.8
vs History
63
vs Industry
37
Median 3Y
4.9
Median 5Y
5.3
Industry
10.6
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
95
vs Industry
56
Median 3Y
0.9
Median 5Y
0.7
Industry
0.9
More Details

Multiples Across Competitors

ASC Competitors Multiples
Ardmore Shipping Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Ardmore Shipping Corp
NYSE:ASC
387.6m USD 1 3 2.4 3
CA
Enbridge Inc
TSX:ENB
139.4B CAD 2.6 27.6 15.5 23.6
US
Williams Companies Inc
NYSE:WMB
72B USD 6.9 32.4 17.5 29.1
US
Enterprise Products Partners LP
NYSE:EPD
67.6B USD 1.2 11.6 10.4 14
US
Energy Transfer LP
NYSE:ET
59.7B USD 0.7 13.6 8.4 12.9
US
Kinder Morgan Inc
NYSE:KMI
59.7B USD 3.8 23.2 13.4 20.8
US
MPLX LP
NYSE:MPLX
53.5B USD 4.5 12.5 10.9 13.5
US
Cheniere Energy Inc
NYSE:LNG
52.2B USD 3.3 16.1 9.9 11.9
CA
TC Energy Corp
TSX:TRP
71.6B CAD 5.2 15.6 14.8 21.9
US
ONEOK Inc
NYSE:OKE
50.3B USD 2.3 16.6 13 15.9
US
Targa Resources Corp
NYSE:TRGP
38.7B USD 2.4 30.5 12.7 19.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
Ardmore Shipping Corp
NYSE:ASC
Average EV/EBITDA: 11.7
2.4
-12%
N/A
CA
Enbridge Inc
TSX:ENB
15.5
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.5
17%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.4
7%
1.5
US
Energy Transfer LP
NYSE:ET
8.4
9%
0.9
US
Kinder Morgan Inc
NYSE:KMI
13.4
11%
1.2
US
MPLX LP
NYSE:MPLX
10.9
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
14.8
13%
1.1
US
ONEOK Inc
NYSE:OKE
13
15%
0.9
US
Targa Resources Corp
NYSE:TRGP
12.7
13%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
Ardmore Shipping Corp
NYSE:ASC
Average EV/EBIT: 16.9
3
-16%
N/A
CA
Enbridge Inc
TSX:ENB
23.6
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.1
15%
1.9
US
Enterprise Products Partners LP
NYSE:EPD
14
7%
2
US
Energy Transfer LP
NYSE:ET
12.9
9%
1.4
US
Kinder Morgan Inc
NYSE:KMI
20.8
13%
1.6
US
MPLX LP
NYSE:MPLX
13.5
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
21.9
16%
1.4
US
ONEOK Inc
NYSE:OKE
15.9
14%
1.1
US
Targa Resources Corp
NYSE:TRGP
19.4
16%
1.2

See Also

Summary
ASC intrinsic value, competitors valuation, and company profile.
DCF Valuation
ASC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ASC stock valuation using valuation multiples.
Wall Street Estimates
ASC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ASC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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