Ardmore Shipping（A61）株式概要アードモア・シッピング・コーポレーションは、世界中の石油製品および化学品の海上輸送に従事している。 詳細A61 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金2/6報酬株価収益率（ 14.2 x） German市場（ 16.9 x）を下回っています。同業他社や業界と比較して、良好な取引価格 リスク分析今後3年間の収益は年平均21.4%減少すると予測されている。 過去3か月間に大規模なインサイダー売却が発生 1.65%の配当はフリーキャッシュフローで十分にカバーされていない 利益率(16.7%)は昨年より低い(25.7%) すべてのリスクチェックを見るA61 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€16.49887.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-47m501m2016201920222025202620282031Revenue US$44.0mEarnings US$7.3mAdvancedSet Fair ValueView all narrativesArdmore Shipping Corporation 競合他社Friedrich Vorwerk GroupSymbol: XTRA:VH2Market cap: €1.4bDeutsche RohstoffSymbol: XTRA:DR0Market cap: €468.5mEnviTec BiogasSymbol: XTRA:ETGMarket cap: €305.9mDaldrup & SöhneSymbol: XTRA:4DSMarket cap: €148.5m価格と性能株価の高値、安値、推移の概要Ardmore Shipping過去の株価現在の株価US$16.4952週高値US$17.0952週安値US$8.10ベータ0.0201ヶ月の変化19.75%3ヶ月変化29.79%1年変化96.40%3年間の変化42.65%5年間の変化376.59%IPOからの変化60.66%最新ニュースDeclared Dividend • May 20First quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 29th May 2026 Payment date: 12th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 21% over the next year. However, it would need to fall by 46% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 09Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2026, Payable on June 12, 2026Ardmore Shipping Corporation declared a cash dividend on May 7, 2026 of $0.39 per common share for the quarter ended March 31, 2026. The dividend will be paid on June 12, 2026, to all shareholders of record on May 29, 2026.お知らせ • May 05Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026. Location: dorchester house, 7 church street, hm 11, hamilton Bermudaお知らせ • Apr 29+ 1 more updateArdmore Shipping Corporation Announces Change in Dividend PolicyArdmore Shipping Corporation announced that Effective First quarter of 2026, Ardmore is doubling its dividend payout ratio to common shareholders to two-thirds of adjusted earnings.お知らせ • Feb 12Ardmore Shipping Corporation Declares Cash Dividend, Payable on March 13, 2026Ardmore Shipping Corporation declared a cash dividend on February 12, 2026 of $0.09 per common share for the quarter ended December 31, 2025. The dividend will be paid on March 13, 2026, to all shareholders of record on February 27, 2026.お知らせ • Nov 05Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended September 30, 2025, Payable on December 12, 2025Ardmore Shipping Corporation Board of Directors declared a cash dividend on November 5, 2025 of $0.10 per common share for the quarter ended September 30, 2025. The dividend will be paid on December 12, 2025, to all shareholders of record on November 28, 2025.最新情報をもっと見るRecent updatesDeclared Dividend • May 20First quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 29th May 2026 Payment date: 12th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 21% over the next year. However, it would need to fall by 46% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 09Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2026, Payable on June 12, 2026Ardmore Shipping Corporation declared a cash dividend on May 7, 2026 of $0.39 per common share for the quarter ended March 31, 2026. The dividend will be paid on June 12, 2026, to all shareholders of record on May 29, 2026.お知らせ • May 05Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026. Location: dorchester house, 7 church street, hm 11, hamilton Bermudaお知らせ • Apr 29+ 1 more updateArdmore Shipping Corporation Announces Change in Dividend PolicyArdmore Shipping Corporation announced that Effective First quarter of 2026, Ardmore is doubling its dividend payout ratio to common shareholders to two-thirds of adjusted earnings.お知らせ • Feb 12Ardmore Shipping Corporation Declares Cash Dividend, Payable on March 13, 2026Ardmore Shipping Corporation declared a cash dividend on February 12, 2026 of $0.09 per common share for the quarter ended December 31, 2025. The dividend will be paid on March 13, 2026, to all shareholders of record on February 27, 2026.お知らせ • Nov 05Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended September 30, 2025, Payable on December 12, 2025Ardmore Shipping Corporation Board of Directors declared a cash dividend on November 5, 2025 of $0.10 per common share for the quarter ended September 30, 2025. The dividend will be paid on December 12, 2025, to all shareholders of record on November 28, 2025.お知らせ • Oct 23Ardmore Shipping Corporation to Report Q3, 2025 Results on Nov 05, 2025Ardmore Shipping Corporation announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 05, 2025お知らせ • Jul 17Ardmore Shipping Corporation to Report Q2, 2025 Results on Jul 30, 2025Ardmore Shipping Corporation announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025お知らせ • May 08+ 2 more updatesArdmore Shipping Corporation Announces Executive Changes, Effective January 1, 2026Ardmore Shipping Corporation announced that, effective January 1, 2026, Mr. Robert Gaina, currently Senior Vice President, Commercial, will assume the role of Chief Operating Officer concurrent with Mr. Mark Cameron's long-planned retirement. Mr. Cameron has been a member of Ardmore's management since the Company was founded in 2010, and he has been instrumental in building the Company's technical management foundations and strategic operating activities. Mr. Gaina has served Ardmore for ten years in multiple commercial and operational leadership roles following a seagoing career, including sailing as Master Mariner on product and chemical tankers. He holds a Global Executive MBA from Erasmus University, Rotterdam School of Management, and a B.S. from the Maritime Academy in Constanza. As Chief Operating Officer, Mr. Gaina will be responsible for the Company's fully integrated chartering, commercial operations, and technical management activities.お知らせ • May 06Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2025Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2025. Location: dorchester house, 7 church street, hamilton hm 11, Bermudaお知らせ • Apr 24Ardmore Shipping Corporation to Report Q1, 2025 Results on May 07, 2025Ardmore Shipping Corporation announced that they will report Q1, 2025 results Pre-Market on May 07, 2025お知らせ • Feb 14Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2024, Payable on March 14, 2025Ardmore Shipping Corporation's Board of Directors declared a cash dividend on February 13, 2025, of $0.08 per common share for the quarter ended December 31, 2024. The dividend will be paid on March 14, 2025, to all shareholders of record on February 28, 2025.Declared Dividend • Nov 09Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 8.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 45% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: US$0.55 (vs US$0.49 in 3Q 2023)Third quarter 2024 results: EPS: US$0.55 (up from US$0.49 in 3Q 2023). Revenue: US$96.1m (up 11% from 3Q 2023). Net income: US$23.3m (up 14% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue is forecast to decline by 26% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 07Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended September 30, 2024, Payable on December 13, 2024Ardmore Shipping Corporation declared a cash dividend on November 6, 2024 of $0.18 per common share for the quarter ended September 30, 2024. The dividend will be paid on December 13, 2024, to all shareholders of record on November 29, 2024.お知らせ • Oct 24Ardmore Shipping Corporation to Report Q3, 2024 Results on Nov 06, 2024Ardmore Shipping Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024お知らせ • Aug 31Ardmore Shipping Corporation has filed a Follow-on Equity Offering in the amount of $50 million.Ardmore Shipping Corporation has filed a Follow-on Equity Offering in the amount of $50 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market OfferingNew Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).Declared Dividend • Aug 02Second quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 53% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$1.48 (vs US$0.57 in 2Q 2023)Second quarter 2024 results: EPS: US$1.48 (up from US$0.57 in 2Q 2023). Revenue: US$121.3m (up 32% from 2Q 2023). Net income: US$61.8m (up 161% from 2Q 2023). Profit margin: 51% (up from 26% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 25% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 37%. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 31Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended June 30, 2024, Payable on September 13, 2024The Board of Directors of Ardmore Shipping Corporation declared a cash dividend on July 31, 2024 of $0.38 per common share for the quarter ended June 30, 2024. The dividend will be paid on September 13, 2024, to all shareholders of record on August 30, 2024.お知らせ • Jul 18Ardmore Shipping Corporation to Report Q2, 2024 Results on Jul 31, 2024Ardmore Shipping Corporation announced that they will report Q2, 2024 results Pre-Market on Jul 31, 2024お知らせ • Jul 08+ 1 more updateArdmore Shipping Corporation Announces CEO ChangesArdmore Shipping Corporation announced that CEO Anthony Gurnee has informed the board of directors of his intention to retire from his executive and board positions later 2024. Following a comprehensive selection process, the board of directors has appointed current executive and Chief Commercial Officer Gernot Ruppelt as the company's new CEO, with the leadership transition to take effect from September 16, 2024 at the company's upcoming quarterly board meeting. This transition represents the culmination of leadership succession planning that has been long-established and extensively discussed at the board and management levels. Following his retirement from the company, current CEO Anthony Gurnee will remain available to Ardmore as an advisor during the transition period. Currently, Gernot Ruppelt serves as Senior Vice President and Chief Commercial Officer at Ardmore, where he has built up, led and developed Ardmore's global commercial platform. Mr. Ruppelt joined Ardmore as Chartering Director in 2013 and was promoted to senior management one year later. He has 23 years of experience across multiple sectors in the maritime industry and acquired extensive international exposure having worked in five countries across three continents throughout his career. Before joining Ardmore, Mr. Ruppelt was a Tanker Projects Broker with Poten & Partners in New York. Previously, he held various roles up to Trade Manager for AP Moller – Maersk and Maersk Broker in the United States, Europe and Asia. Mr. Ruppelt holds an Executive MBA from INSEAD and later completed their International Directors Program. He also graduated from the Institute of Chartered Shipbrokers in London, Maersk International Shipping Education (MISE) and was accredited Shipping Merchant by the Hamburg Chamber of Commerce. Mr. Ruppelt serves on the board of Anglo Ardmore Ship Management, and he was Chairman for INTERTANKO's Commercial Markets Committee from 2018 through 2024.Upcoming Dividend • May 25Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €19.44, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 458% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.32 per share.Declared Dividend • May 10First quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 09Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2024, Payable on June 14, 2024The board of directors of Ardmore Shipping Corporation declared a cash dividend on May 8, 2024 of $0.31 per common share for the quarter ended March 31, 2024. The dividend will be paid on June 14, 2024, to all shareholders of record on May 31, 2024.Reported Earnings • May 08First quarter 2024 earnings released: EPS: US$0.93 (vs US$1.06 in 1Q 2023)First quarter 2024 results: EPS: US$0.93 (down from US$1.06 in 1Q 2023). Revenue: US$106.3m (down 10% from 1Q 2023). Net income: US$38.4m (down 11% from 1Q 2023). Profit margin: 36% (in line with 1Q 2023). Revenue is forecast to decline by 22% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth.お知らせ • May 05Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2024Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2024, at 10:00 Atlantic Standard Time. Location: belvedere building 69 pitts bay road, ground floor pembroke hm08 Pembroke Bermuda Agenda: To elect two class ii directors to its board of directors for a term of three years; and to transact such other business as may properly come before the annual meeting.お知らせ • Apr 26Ardmore Shipping Corporation to Report Q1, 2024 Results on May 08, 2024Ardmore Shipping Corporation announced that they will report Q1, 2024 results Pre-Market on May 08, 2024New Risk • Mar 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).Upcoming Dividend • Feb 21Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (3.3%).Reported Earnings • Feb 16Full year 2023 earnings released: EPS: US$2.76 (vs US$3.63 in FY 2022)Full year 2023 results: EPS: US$2.76 (down from US$3.63 in FY 2022). Revenue: US$396.0m (down 11% from FY 2022). Net income: US$113.4m (down 16% from FY 2022). Profit margin: 29% (down from 30% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 15Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2023, Payable on March 15, 2024Ardmore Shipping Corporation declared a cash dividend on February 15, 2024 of $0.21 per common share for the quarter ended December 31, 2023. The dividend will be paid on March 15, 2024, to all shareholders of record on February 29, 2024.Upcoming Dividend • Nov 22Upcoming dividend of US$0.16 per share at 4.8% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.7%).お知らせ • Nov 08Ardmore Shipping Corporation Announces Cash Dividend for the Quarter Ended September 30, 2023, Payable on December 15, 2023Ardmore Shipping Corporation announced that he company's Board of Directors declared a cash dividend on November 7, 2023, of $0.16 per common share for the quarter ended September 30, 2023. The dividend will be paid on December 15, 2023, to all shareholders of record on November 30, 2023.New Risk • Nov 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 19% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Oct 25Ardmore Shipping Corporation to Report Q3, 2023 Results on Nov 07, 2023Ardmore Shipping Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023お知らせ • Sep 06Ardmore Shipping Corporation (NYSE:ASC) announces an Equity Buyback for $50 million worth of its shares.Ardmore Shipping Corporation (NYSE:ASC) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares.Upcoming Dividend • Aug 23Upcoming dividend of US$0.19 per share at 5.7% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).お知らせ • Aug 03Ardmore Shipping Corporation Declares Cash Dividend, Payable on September 15, 2023Ardmore Shipping Corporation declared a cash dividend on August 1, 2023, of $0.19 per common share for the quarter ended June 30, 2023. The dividend will be paid on September 15, 2023, to all shareholders of record on August 31, 2023.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: US$0.57 (vs US$0.82 in 2Q 2022)Second quarter 2023 results: EPS: US$0.57 (down from US$0.82 in 2Q 2022). Revenue: US$91.9m (down 14% from 2Q 2022). Net income: US$23.7m (down 18% from 2Q 2022). Profit margin: 26% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 36% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 21Ardmore Shipping Corporation to Report Q2, 2023 Results on Aug 01, 2023Ardmore Shipping Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 01, 2023Buying Opportunity • Jul 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €13.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 56% in 2 years. Earnings is forecast to decline by 43% in the next 2 years.Upcoming Dividend • May 23Upcoming dividend of US$0.35 per share at 11% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%).お知らせ • May 10Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2023, Payable June 15, 2023The Board of Directors of Ardmore Shipping Corporation declared a cash dividend on May 9, 2023, of $0.35 per common share for the quarter ended March 31, 2023, based on the Company's current policy of paying out dividends on its shares of common stock equal to one-third of Adjusted Earnings, as calculated for dividends. The dividend will be paid on June 15, 2023, to all shareholders of record on May 31, 2023.Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$1.06 (vs US$0.23 loss in 1Q 2022)First quarter 2023 results: EPS: US$1.06 (up from US$0.23 loss in 1Q 2022). Revenue: US$118.2m (up 87% from 1Q 2022). Net income: US$43.3m (up US$51.1m from 1Q 2022). Profit margin: 37% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is expected to decline by 36% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be €15.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 51% in 2 years. Earnings is forecast to decline by 16% in the next 2 years.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €15.25, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.47 per share.Reported Earnings • Mar 27Full year 2022 earnings released: EPS: US$3.63 (vs US$1.12 loss in FY 2021)Full year 2022 results: EPS: US$3.63 (up from US$1.12 loss in FY 2021). Revenue: US$445.7m (up 132% from FY 2021). Net income: US$135.1m (up US$173.1m from FY 2021). Profit margin: 30% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 35% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €13.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 265% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.39 per share.Upcoming Dividend • Feb 20Upcoming dividend of US$0.45 per share at 10.0% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 10.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.4%).お知らせ • Feb 15Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2022, Payable on March 15, 2023Ardmore Shipping Corporation announced consistent with the company's capital allocation policy, the board of directors declared a cash dividend on February 14, 2023, of $0.45 per common share for the quarter ended December 31, 2022, based on the company's current policy of paying out a third of Adjusted Earnings, as calculated for dividends. The dividend will be paid on March 15, 2023, to all shareholders of record on February 28, 2023.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: US$3.63 (vs US$1.12 loss in FY 2021)Full year 2022 results: EPS: US$3.63 (up from US$1.12 loss in FY 2021). Revenue: US$445.7m (up 132% from FY 2021). Net income: US$135.1m (up US$173.1m from FY 2021). Profit margin: 30% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 43% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.1%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €15.50, the stock trades at a trailing P/E ratio of 8.7x. Average forward P/E is 4x in the Oil and Gas industry in Germany. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.46 per share.お知らせ • Jan 10Ardmore Shipping Corporation Announces the Appointment of James Fok to the Company's Board of DirectorsArdmore Shipping Corporation announced the appointment of Mr. James Fok to the Company's Board of Directors as a Class III director, and he is expected to serve on the audit and nominating committees. James Fok has more than 20 years of experience as a financial and strategic advisor to corporations and governments, with particular expertise in Asian cross-border capital markets transactions and mechanisms. From 2012 until 2021, he served as a senior executive at Hong Kong Exchanges and Clearing (HKEX), playing a major role in a number of landmark capital markets internationalization initiatives. Previously, Mr. Fok served as an investment banker at multiple bulge bracket firms in both Europe and Asia, focusing on the financial services sector. He currently serves as an Advisor to Bain & Company, is on the Advisory Board of Hex Trust, a provider of bank-grade custody for digital assets, and serves as an International Member of Ireland for Finance's Industry Advisory Committee. Mr. Fok holds a BA (Hons) in Law and Chinese from the School of Oriental & African Studies of the University of London and is a published author on the subject of Sino-American financial relations.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Kirsi Kyllikki Tikka was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: US$1.57 (vs US$0.37 loss in 3Q 2021)Third quarter 2022 results: EPS: US$1.57 (up from US$0.37 loss in 3Q 2021). Revenue: US$142.4m (up 202% from 3Q 2021). Net income: US$61.0m (up US$73.8m from 3Q 2021). Profit margin: 43% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 24% p.a. on average during the next 3 years compared to a 4.4% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.お知らせ • Nov 03Ardmore Shipping Corporation Appoints Helen Tveitan De Jong as Audit Committee ChairArdmore Shipping Corporation is announcing that director Helen Tveitan de Jong has been appointed as Audit Committee Chair, being joined by new Audit Committee member, director Mats Berglund, and standing member Curtis Mc Williams. Helen has extensive financial and accounting experience over her 30-year career in shipping, has been a member of the Audit Committee since September 2018, and is replacing Brian Dunne, who has chosen to step down from the Board for personal reasons. The Company has benefited greatly from Brian's skills and expertise and the Board expresses its sincere him for his many years of exemplary service and collegiality on the Board and as the Audit Committee Chair.Vessel Sale and Time-Charter Back On July 14, nd July 29, 2022, the Company completed the previously announced sales of the Ardmore Sealifter and Ardmore Sealancer to Leonhardt & Blumberg, respectively. Both vessels were subsequently time-chartered back by the Company for a period of 24 months at attractive hire rates, plus one-year extension options. COVID-19 In response to the COVID-19 pandemic, many countries, ports and organizations, including those where Ardmore conducts a large part of its operations, have implemented measures to combat the outbreak, such as quarantines and travel restrictions. Such measures have caused severe trade disruptions. In addition, the pandemic has resulted and maycontinue to result in a significant decline in global demand for refined oil products. As Ardmore's business is the transportation of refined oil products on behalf of oil majors, oil traders and other customers, any significant decrease in demand for the cargo Ardmore transports could adversely affect demand for its vessels and services.Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Kirsi Kyllikki Tikka was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 27Ardmore Shipping Corporation to Report Q3, 2022 Results on Nov 02, 2022Ardmore Shipping Corporation announced that they will report Q3, 2022 results Pre-Market on Nov 02, 2022Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Kirsi Kyllikki Tikka was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.82 (vs US$0.24 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.82 (up from US$0.24 loss in 2Q 2021). Revenue: US$107.1m (up 127% from 2Q 2021). Net income: US$28.8m (up US$37.1m from 2Q 2021). Profit margin: 27% (up from net loss in 2Q 2021). Over the next year, revenue is expected to shrink by 24% compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Jul 28Ardmore Shipping Corporation Announces CFO Changes, Effective September 28, 2022Ardmore Shipping Corporation announced the planned departure of its current Chief Financial Officer Paul Tivnan and appointment of new CFO Bart Kelleher, effective 28 September 2022. Bart Kelleher Biographical Information: Bart Kelleher has over 25 years of progressive experience in the maritime, finance, energy, and industrials sectors. Most recently, Mr. Kelleher served as Chief Executive Officer of Chembulk Tankers, an owner and operator of stainless-steel chemical tankers, having previously served as both Chief Strategy Officer and Chief Financial Officer of the firm. Prior to that, he was the Chief Operating Officer of Principal Maritime Management which owned and operated a fleet of Suezmax crude carriers and chemical tankers; he also functioned as acting Chief Financial Officer during the company's start-up and initial growth phases. In addition to his executive experience in the maritime energy transportation sector, Mr. Kelleher has held roles in investment banking, commercial banking, equity research, and capital markets in the maritime and energy-related industries at Bear Stearns and HSH Nordbank. Earlier in his career, he served as a deck officer onboard US-flag crude oil tankers and held management positions in both the cruise industry and with a leading naval architecture firm. Mr. Kelleher holds an MBA from Columbia Business School, an MS in Ocean Systems Management from Massachusetts Institute of Technology, and a BE in Naval Architecture from New York Maritime College. Mr. Kelleher serves as an Advisory Board Member to OrbitMI, an innovative technology firm offering advanced AI-based fleet performance management solutions.お知らせ • Jul 19Ardmore Shipping Corporation to Report Q2, 2022 Results on Jul 27, 2022Ardmore Shipping Corporation announced that they will report Q2, 2022 results Pre-Market on Jul 27, 2022Reported Earnings • May 05First quarter 2022 earnings released: US$0.23 loss per share (vs US$0.26 loss in 1Q 2021)First quarter 2022 results: US$0.23 loss per share (up from US$0.26 loss in 1Q 2021). Revenue: US$63.4m (up 39% from 1Q 2021). Net loss: US$7.85m (loss narrowed 7.6% from 1Q 2021). Over the next year, revenue is expected to shrink by 20% compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.Breakeven Date Change • Feb 17Forecast to breakeven in 2023The 6 analysts covering Ardmore Shipping expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$20.1m in 2023. Average annual earnings growth of 123% is required to achieve expected profit on schedule.Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$1.12 loss per share (down from US$0.18 loss in FY 2020). Revenue: US$192.5m (down 13% from FY 2020). Net loss: US$38.1m (loss widened US$32.0m from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 25% compared to a 66% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Feb 09Ardmore Shipping Corporation to Report Q4, 2021 Results on Feb 15, 2022Ardmore Shipping Corporation announced that they will report Q4, 2021 results Pre-Market on Feb 15, 2022Reported Earnings • Nov 12Third quarter 2021 earnings released: US$0.37 loss per share (vs US$0.20 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$47.2m (up 4.4% from 3Q 2020). Net loss: US$12.8m (loss widened 93% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 6 analysts covering Ardmore Shipping expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$5.22m in 2022. Average annual earnings growth of 111% is required to achieve expected profit on schedule.Reported Earnings • Jul 28Second quarter 2021 earnings released: US$0.24 loss per share (vs US$0.41 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$47.3m (down 30% from 2Q 2020). Net loss: US$8.21m (down 160% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Jun 28+ 12 more updatesArdmore Shipping Corporation(NYSE:ASC) dropped from Russell Microcap Growth IndexArdmore Shipping Corporation(NYSE:ASC) dropped from Russell Microcap Growth Indexお知らせ • Jun 18Ardmore Shipping Corporation announced that it has received $40 million in funding from Maritime Partners, LLCOn June 17, 2021, Ardmore Shipping Corporation (NYSE:ASC) closed the transaction.Reported Earnings • May 06First quarter 2021 earnings released: US$0.26 loss per share (vs US$0.20 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$45.6m (down 30% from 1Q 2020). Net loss: US$8.50m (down 230% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Mar 17+ 2 more updatesArdmore Shipping Corporation (NYSE:ASC) signed a Letter of Intent to acquire 10% equity stake in Element 1 Corp. for $9 million.Ardmore Shipping Corporation (NYSE:ASC) signed a Letter of Intent to acquire 10% equity stake in Element 1 Corp. for $9 million on March 15, 2021. Ardmore will purchase a 10% equity stake in e1 in exchange for $4 million cash plus 950,000 ASC common shares. Completion of the transaction remain subject to the negotiation and execution of definitive agreements and the satisfaction of related closing conditions. The transaction is expected to close simultaneously early in the second quarter of 2021.Is New 90 Day High Low • Mar 13New 90-day high: €3.94The company is up 41% from its price of €2.80 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.50 per share.Reported Earnings • Mar 07Full year 2020 earnings released: US$0.18 loss per share (vs US$0.69 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$220.1m (down 4.3% from FY 2019). Net loss: US$6.05m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 13Full year 2020 earnings released: US$0.18 loss per share (vs US$0.69 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$220.1m (down 4.3% from FY 2019). Net loss: US$6.05m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 10New 90-day high: €3.14The company is up 11% from its price of €2.82 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.78 per share.株主還元A61DE Oil and GasDE 市場7D2.9%-1.8%3.2%1Y96.4%61.2%2.5%株主還元を見る業界別リターン: A61過去 1 年間で61.2 % の収益を上げたGerman Oil and Gas業界を上回りました。リターン対市場: A61過去 1 年間で2.5 % の収益を上げたGerman市場を上回りました。価格変動Is A61's price volatile compared to industry and market?A61 volatilityA61 Average Weekly Movement7.0%Oil and Gas Industry Average Movement9.0%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: A61 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: A61の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト201057Gernot Ruppeltardmoreshipping.comアードモア・シッピング・コーポレーションは世界中の石油製品と化学品の海上輸送に従事している。同社の船隊は26隻で構成され、その内22隻は自社所有のエコデザイン船、4隻は傭船である。同社は石油メジャー、石油会社、石油・化学トレーダー、化学会社、プーリング・サービス・プロバイダーにサービスを提供している。アードモア・シッピング・コーポレーションは2010年に設立され、バミューダのハミルトンに本社を置いている。もっと見るArdmore Shipping Corporation 基礎のまとめArdmore Shipping の収益と売上を時価総額と比較するとどうか。A61 基礎統計学時価総額€661.98m収益（TTM）€46.55m売上高(TTM)€279.26m14.2xPER（株価収益率2.4xP/SレシオA61 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計A61 損益計算書（TTM）収益US$324.12m売上原価US$197.64m売上総利益US$126.48mその他の費用US$72.45m収益US$54.03m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.32グロス・マージン39.02%純利益率16.67%有利子負債／自己資本比率15.8%A61 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.6%現在の配当利回り49%配当性向A61 配当は確実ですか？A61 配当履歴とベンチマークを見るA61 、いつまでに購入すれば配当金を受け取れますか？Ardmore Shipping 配当日配当落ち日May 29 2026配当支払日Jun 12 2026配当落ちまでの日数5 days配当支払日までの日数19 daysA61 配当は確実ですか？A61 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 08:57終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ardmore Shipping Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Noah ParquetteCanaccord GenuityBjorn RoedDanske BankAmit MehrotraDeutsche Bank12 その他のアナリストを表示
Declared Dividend • May 20First quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 29th May 2026 Payment date: 12th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 21% over the next year. However, it would need to fall by 46% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 09Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2026, Payable on June 12, 2026Ardmore Shipping Corporation declared a cash dividend on May 7, 2026 of $0.39 per common share for the quarter ended March 31, 2026. The dividend will be paid on June 12, 2026, to all shareholders of record on May 29, 2026.
お知らせ • May 05Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026. Location: dorchester house, 7 church street, hm 11, hamilton Bermuda
お知らせ • Apr 29+ 1 more updateArdmore Shipping Corporation Announces Change in Dividend PolicyArdmore Shipping Corporation announced that Effective First quarter of 2026, Ardmore is doubling its dividend payout ratio to common shareholders to two-thirds of adjusted earnings.
お知らせ • Feb 12Ardmore Shipping Corporation Declares Cash Dividend, Payable on March 13, 2026Ardmore Shipping Corporation declared a cash dividend on February 12, 2026 of $0.09 per common share for the quarter ended December 31, 2025. The dividend will be paid on March 13, 2026, to all shareholders of record on February 27, 2026.
お知らせ • Nov 05Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended September 30, 2025, Payable on December 12, 2025Ardmore Shipping Corporation Board of Directors declared a cash dividend on November 5, 2025 of $0.10 per common share for the quarter ended September 30, 2025. The dividend will be paid on December 12, 2025, to all shareholders of record on November 28, 2025.
Declared Dividend • May 20First quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 29th May 2026 Payment date: 12th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 21% over the next year. However, it would need to fall by 46% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 09Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2026, Payable on June 12, 2026Ardmore Shipping Corporation declared a cash dividend on May 7, 2026 of $0.39 per common share for the quarter ended March 31, 2026. The dividend will be paid on June 12, 2026, to all shareholders of record on May 29, 2026.
お知らせ • May 05Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026Ardmore Shipping Corporation, Annual General Meeting, Jun 15, 2026. Location: dorchester house, 7 church street, hm 11, hamilton Bermuda
お知らせ • Apr 29+ 1 more updateArdmore Shipping Corporation Announces Change in Dividend PolicyArdmore Shipping Corporation announced that Effective First quarter of 2026, Ardmore is doubling its dividend payout ratio to common shareholders to two-thirds of adjusted earnings.
お知らせ • Feb 12Ardmore Shipping Corporation Declares Cash Dividend, Payable on March 13, 2026Ardmore Shipping Corporation declared a cash dividend on February 12, 2026 of $0.09 per common share for the quarter ended December 31, 2025. The dividend will be paid on March 13, 2026, to all shareholders of record on February 27, 2026.
お知らせ • Nov 05Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended September 30, 2025, Payable on December 12, 2025Ardmore Shipping Corporation Board of Directors declared a cash dividend on November 5, 2025 of $0.10 per common share for the quarter ended September 30, 2025. The dividend will be paid on December 12, 2025, to all shareholders of record on November 28, 2025.
お知らせ • Oct 23Ardmore Shipping Corporation to Report Q3, 2025 Results on Nov 05, 2025Ardmore Shipping Corporation announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 05, 2025
お知らせ • Jul 17Ardmore Shipping Corporation to Report Q2, 2025 Results on Jul 30, 2025Ardmore Shipping Corporation announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025
お知らせ • May 08+ 2 more updatesArdmore Shipping Corporation Announces Executive Changes, Effective January 1, 2026Ardmore Shipping Corporation announced that, effective January 1, 2026, Mr. Robert Gaina, currently Senior Vice President, Commercial, will assume the role of Chief Operating Officer concurrent with Mr. Mark Cameron's long-planned retirement. Mr. Cameron has been a member of Ardmore's management since the Company was founded in 2010, and he has been instrumental in building the Company's technical management foundations and strategic operating activities. Mr. Gaina has served Ardmore for ten years in multiple commercial and operational leadership roles following a seagoing career, including sailing as Master Mariner on product and chemical tankers. He holds a Global Executive MBA from Erasmus University, Rotterdam School of Management, and a B.S. from the Maritime Academy in Constanza. As Chief Operating Officer, Mr. Gaina will be responsible for the Company's fully integrated chartering, commercial operations, and technical management activities.
お知らせ • May 06Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2025Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2025. Location: dorchester house, 7 church street, hamilton hm 11, Bermuda
お知らせ • Apr 24Ardmore Shipping Corporation to Report Q1, 2025 Results on May 07, 2025Ardmore Shipping Corporation announced that they will report Q1, 2025 results Pre-Market on May 07, 2025
お知らせ • Feb 14Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2024, Payable on March 14, 2025Ardmore Shipping Corporation's Board of Directors declared a cash dividend on February 13, 2025, of $0.08 per common share for the quarter ended December 31, 2024. The dividend will be paid on March 14, 2025, to all shareholders of record on February 28, 2025.
Declared Dividend • Nov 09Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 8.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 45% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: US$0.55 (vs US$0.49 in 3Q 2023)Third quarter 2024 results: EPS: US$0.55 (up from US$0.49 in 3Q 2023). Revenue: US$96.1m (up 11% from 3Q 2023). Net income: US$23.3m (up 14% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue is forecast to decline by 26% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 07Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended September 30, 2024, Payable on December 13, 2024Ardmore Shipping Corporation declared a cash dividend on November 6, 2024 of $0.18 per common share for the quarter ended September 30, 2024. The dividend will be paid on December 13, 2024, to all shareholders of record on November 29, 2024.
お知らせ • Oct 24Ardmore Shipping Corporation to Report Q3, 2024 Results on Nov 06, 2024Ardmore Shipping Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024
お知らせ • Aug 31Ardmore Shipping Corporation has filed a Follow-on Equity Offering in the amount of $50 million.Ardmore Shipping Corporation has filed a Follow-on Equity Offering in the amount of $50 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).
Declared Dividend • Aug 02Second quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 53% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$1.48 (vs US$0.57 in 2Q 2023)Second quarter 2024 results: EPS: US$1.48 (up from US$0.57 in 2Q 2023). Revenue: US$121.3m (up 32% from 2Q 2023). Net income: US$61.8m (up 161% from 2Q 2023). Profit margin: 51% (up from 26% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 25% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 37%. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 31Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended June 30, 2024, Payable on September 13, 2024The Board of Directors of Ardmore Shipping Corporation declared a cash dividend on July 31, 2024 of $0.38 per common share for the quarter ended June 30, 2024. The dividend will be paid on September 13, 2024, to all shareholders of record on August 30, 2024.
お知らせ • Jul 18Ardmore Shipping Corporation to Report Q2, 2024 Results on Jul 31, 2024Ardmore Shipping Corporation announced that they will report Q2, 2024 results Pre-Market on Jul 31, 2024
お知らせ • Jul 08+ 1 more updateArdmore Shipping Corporation Announces CEO ChangesArdmore Shipping Corporation announced that CEO Anthony Gurnee has informed the board of directors of his intention to retire from his executive and board positions later 2024. Following a comprehensive selection process, the board of directors has appointed current executive and Chief Commercial Officer Gernot Ruppelt as the company's new CEO, with the leadership transition to take effect from September 16, 2024 at the company's upcoming quarterly board meeting. This transition represents the culmination of leadership succession planning that has been long-established and extensively discussed at the board and management levels. Following his retirement from the company, current CEO Anthony Gurnee will remain available to Ardmore as an advisor during the transition period. Currently, Gernot Ruppelt serves as Senior Vice President and Chief Commercial Officer at Ardmore, where he has built up, led and developed Ardmore's global commercial platform. Mr. Ruppelt joined Ardmore as Chartering Director in 2013 and was promoted to senior management one year later. He has 23 years of experience across multiple sectors in the maritime industry and acquired extensive international exposure having worked in five countries across three continents throughout his career. Before joining Ardmore, Mr. Ruppelt was a Tanker Projects Broker with Poten & Partners in New York. Previously, he held various roles up to Trade Manager for AP Moller – Maersk and Maersk Broker in the United States, Europe and Asia. Mr. Ruppelt holds an Executive MBA from INSEAD and later completed their International Directors Program. He also graduated from the Institute of Chartered Shipbrokers in London, Maersk International Shipping Education (MISE) and was accredited Shipping Merchant by the Hamburg Chamber of Commerce. Mr. Ruppelt serves on the board of Anglo Ardmore Ship Management, and he was Chairman for INTERTANKO's Commercial Markets Committee from 2018 through 2024.
Upcoming Dividend • May 25Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €19.44, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 458% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.32 per share.
Declared Dividend • May 10First quarter dividend of US$0.31 announcedShareholders will receive a dividend of US$0.31. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 09Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2024, Payable on June 14, 2024The board of directors of Ardmore Shipping Corporation declared a cash dividend on May 8, 2024 of $0.31 per common share for the quarter ended March 31, 2024. The dividend will be paid on June 14, 2024, to all shareholders of record on May 31, 2024.
Reported Earnings • May 08First quarter 2024 earnings released: EPS: US$0.93 (vs US$1.06 in 1Q 2023)First quarter 2024 results: EPS: US$0.93 (down from US$1.06 in 1Q 2023). Revenue: US$106.3m (down 10% from 1Q 2023). Net income: US$38.4m (down 11% from 1Q 2023). Profit margin: 36% (in line with 1Q 2023). Revenue is forecast to decline by 22% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth.
お知らせ • May 05Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2024Ardmore Shipping Corporation, Annual General Meeting, Jun 17, 2024, at 10:00 Atlantic Standard Time. Location: belvedere building 69 pitts bay road, ground floor pembroke hm08 Pembroke Bermuda Agenda: To elect two class ii directors to its board of directors for a term of three years; and to transact such other business as may properly come before the annual meeting.
お知らせ • Apr 26Ardmore Shipping Corporation to Report Q1, 2024 Results on May 08, 2024Ardmore Shipping Corporation announced that they will report Q1, 2024 results Pre-Market on May 08, 2024
New Risk • Mar 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
Upcoming Dividend • Feb 21Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (3.3%).
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: US$2.76 (vs US$3.63 in FY 2022)Full year 2023 results: EPS: US$2.76 (down from US$3.63 in FY 2022). Revenue: US$396.0m (down 11% from FY 2022). Net income: US$113.4m (down 16% from FY 2022). Profit margin: 29% (down from 30% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 15Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2023, Payable on March 15, 2024Ardmore Shipping Corporation declared a cash dividend on February 15, 2024 of $0.21 per common share for the quarter ended December 31, 2023. The dividend will be paid on March 15, 2024, to all shareholders of record on February 29, 2024.
Upcoming Dividend • Nov 22Upcoming dividend of US$0.16 per share at 4.8% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.7%).
お知らせ • Nov 08Ardmore Shipping Corporation Announces Cash Dividend for the Quarter Ended September 30, 2023, Payable on December 15, 2023Ardmore Shipping Corporation announced that he company's Board of Directors declared a cash dividend on November 7, 2023, of $0.16 per common share for the quarter ended September 30, 2023. The dividend will be paid on December 15, 2023, to all shareholders of record on November 30, 2023.
New Risk • Nov 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 19% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Oct 25Ardmore Shipping Corporation to Report Q3, 2023 Results on Nov 07, 2023Ardmore Shipping Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023
お知らせ • Sep 06Ardmore Shipping Corporation (NYSE:ASC) announces an Equity Buyback for $50 million worth of its shares.Ardmore Shipping Corporation (NYSE:ASC) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares.
Upcoming Dividend • Aug 23Upcoming dividend of US$0.19 per share at 5.7% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).
お知らせ • Aug 03Ardmore Shipping Corporation Declares Cash Dividend, Payable on September 15, 2023Ardmore Shipping Corporation declared a cash dividend on August 1, 2023, of $0.19 per common share for the quarter ended June 30, 2023. The dividend will be paid on September 15, 2023, to all shareholders of record on August 31, 2023.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: US$0.57 (vs US$0.82 in 2Q 2022)Second quarter 2023 results: EPS: US$0.57 (down from US$0.82 in 2Q 2022). Revenue: US$91.9m (down 14% from 2Q 2022). Net income: US$23.7m (down 18% from 2Q 2022). Profit margin: 26% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 36% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 21Ardmore Shipping Corporation to Report Q2, 2023 Results on Aug 01, 2023Ardmore Shipping Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 01, 2023
Buying Opportunity • Jul 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €13.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 56% in 2 years. Earnings is forecast to decline by 43% in the next 2 years.
Upcoming Dividend • May 23Upcoming dividend of US$0.35 per share at 11% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%).
お知らせ • May 10Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended March 31, 2023, Payable June 15, 2023The Board of Directors of Ardmore Shipping Corporation declared a cash dividend on May 9, 2023, of $0.35 per common share for the quarter ended March 31, 2023, based on the Company's current policy of paying out dividends on its shares of common stock equal to one-third of Adjusted Earnings, as calculated for dividends. The dividend will be paid on June 15, 2023, to all shareholders of record on May 31, 2023.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$1.06 (vs US$0.23 loss in 1Q 2022)First quarter 2023 results: EPS: US$1.06 (up from US$0.23 loss in 1Q 2022). Revenue: US$118.2m (up 87% from 1Q 2022). Net income: US$43.3m (up US$51.1m from 1Q 2022). Profit margin: 37% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is expected to decline by 36% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be €15.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 51% in 2 years. Earnings is forecast to decline by 16% in the next 2 years.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €15.25, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.47 per share.
Reported Earnings • Mar 27Full year 2022 earnings released: EPS: US$3.63 (vs US$1.12 loss in FY 2021)Full year 2022 results: EPS: US$3.63 (up from US$1.12 loss in FY 2021). Revenue: US$445.7m (up 132% from FY 2021). Net income: US$135.1m (up US$173.1m from FY 2021). Profit margin: 30% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 35% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €13.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 265% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.39 per share.
Upcoming Dividend • Feb 20Upcoming dividend of US$0.45 per share at 10.0% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 10.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.4%).
お知らせ • Feb 15Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2022, Payable on March 15, 2023Ardmore Shipping Corporation announced consistent with the company's capital allocation policy, the board of directors declared a cash dividend on February 14, 2023, of $0.45 per common share for the quarter ended December 31, 2022, based on the company's current policy of paying out a third of Adjusted Earnings, as calculated for dividends. The dividend will be paid on March 15, 2023, to all shareholders of record on February 28, 2023.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: US$3.63 (vs US$1.12 loss in FY 2021)Full year 2022 results: EPS: US$3.63 (up from US$1.12 loss in FY 2021). Revenue: US$445.7m (up 132% from FY 2021). Net income: US$135.1m (up US$173.1m from FY 2021). Profit margin: 30% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 43% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.1%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €15.50, the stock trades at a trailing P/E ratio of 8.7x. Average forward P/E is 4x in the Oil and Gas industry in Germany. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.46 per share.
お知らせ • Jan 10Ardmore Shipping Corporation Announces the Appointment of James Fok to the Company's Board of DirectorsArdmore Shipping Corporation announced the appointment of Mr. James Fok to the Company's Board of Directors as a Class III director, and he is expected to serve on the audit and nominating committees. James Fok has more than 20 years of experience as a financial and strategic advisor to corporations and governments, with particular expertise in Asian cross-border capital markets transactions and mechanisms. From 2012 until 2021, he served as a senior executive at Hong Kong Exchanges and Clearing (HKEX), playing a major role in a number of landmark capital markets internationalization initiatives. Previously, Mr. Fok served as an investment banker at multiple bulge bracket firms in both Europe and Asia, focusing on the financial services sector. He currently serves as an Advisor to Bain & Company, is on the Advisory Board of Hex Trust, a provider of bank-grade custody for digital assets, and serves as an International Member of Ireland for Finance's Industry Advisory Committee. Mr. Fok holds a BA (Hons) in Law and Chinese from the School of Oriental & African Studies of the University of London and is a published author on the subject of Sino-American financial relations.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Kirsi Kyllikki Tikka was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: US$1.57 (vs US$0.37 loss in 3Q 2021)Third quarter 2022 results: EPS: US$1.57 (up from US$0.37 loss in 3Q 2021). Revenue: US$142.4m (up 202% from 3Q 2021). Net income: US$61.0m (up US$73.8m from 3Q 2021). Profit margin: 43% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 24% p.a. on average during the next 3 years compared to a 4.4% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.
お知らせ • Nov 03Ardmore Shipping Corporation Appoints Helen Tveitan De Jong as Audit Committee ChairArdmore Shipping Corporation is announcing that director Helen Tveitan de Jong has been appointed as Audit Committee Chair, being joined by new Audit Committee member, director Mats Berglund, and standing member Curtis Mc Williams. Helen has extensive financial and accounting experience over her 30-year career in shipping, has been a member of the Audit Committee since September 2018, and is replacing Brian Dunne, who has chosen to step down from the Board for personal reasons. The Company has benefited greatly from Brian's skills and expertise and the Board expresses its sincere him for his many years of exemplary service and collegiality on the Board and as the Audit Committee Chair.Vessel Sale and Time-Charter Back On July 14, nd July 29, 2022, the Company completed the previously announced sales of the Ardmore Sealifter and Ardmore Sealancer to Leonhardt & Blumberg, respectively. Both vessels were subsequently time-chartered back by the Company for a period of 24 months at attractive hire rates, plus one-year extension options. COVID-19 In response to the COVID-19 pandemic, many countries, ports and organizations, including those where Ardmore conducts a large part of its operations, have implemented measures to combat the outbreak, such as quarantines and travel restrictions. Such measures have caused severe trade disruptions. In addition, the pandemic has resulted and maycontinue to result in a significant decline in global demand for refined oil products. As Ardmore's business is the transportation of refined oil products on behalf of oil majors, oil traders and other customers, any significant decrease in demand for the cargo Ardmore transports could adversely affect demand for its vessels and services.
Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Kirsi Kyllikki Tikka was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 27Ardmore Shipping Corporation to Report Q3, 2022 Results on Nov 02, 2022Ardmore Shipping Corporation announced that they will report Q3, 2022 results Pre-Market on Nov 02, 2022
Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Kirsi Kyllikki Tikka was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.82 (vs US$0.24 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.82 (up from US$0.24 loss in 2Q 2021). Revenue: US$107.1m (up 127% from 2Q 2021). Net income: US$28.8m (up US$37.1m from 2Q 2021). Profit margin: 27% (up from net loss in 2Q 2021). Over the next year, revenue is expected to shrink by 24% compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Jul 28Ardmore Shipping Corporation Announces CFO Changes, Effective September 28, 2022Ardmore Shipping Corporation announced the planned departure of its current Chief Financial Officer Paul Tivnan and appointment of new CFO Bart Kelleher, effective 28 September 2022. Bart Kelleher Biographical Information: Bart Kelleher has over 25 years of progressive experience in the maritime, finance, energy, and industrials sectors. Most recently, Mr. Kelleher served as Chief Executive Officer of Chembulk Tankers, an owner and operator of stainless-steel chemical tankers, having previously served as both Chief Strategy Officer and Chief Financial Officer of the firm. Prior to that, he was the Chief Operating Officer of Principal Maritime Management which owned and operated a fleet of Suezmax crude carriers and chemical tankers; he also functioned as acting Chief Financial Officer during the company's start-up and initial growth phases. In addition to his executive experience in the maritime energy transportation sector, Mr. Kelleher has held roles in investment banking, commercial banking, equity research, and capital markets in the maritime and energy-related industries at Bear Stearns and HSH Nordbank. Earlier in his career, he served as a deck officer onboard US-flag crude oil tankers and held management positions in both the cruise industry and with a leading naval architecture firm. Mr. Kelleher holds an MBA from Columbia Business School, an MS in Ocean Systems Management from Massachusetts Institute of Technology, and a BE in Naval Architecture from New York Maritime College. Mr. Kelleher serves as an Advisory Board Member to OrbitMI, an innovative technology firm offering advanced AI-based fleet performance management solutions.
お知らせ • Jul 19Ardmore Shipping Corporation to Report Q2, 2022 Results on Jul 27, 2022Ardmore Shipping Corporation announced that they will report Q2, 2022 results Pre-Market on Jul 27, 2022
Reported Earnings • May 05First quarter 2022 earnings released: US$0.23 loss per share (vs US$0.26 loss in 1Q 2021)First quarter 2022 results: US$0.23 loss per share (up from US$0.26 loss in 1Q 2021). Revenue: US$63.4m (up 39% from 1Q 2021). Net loss: US$7.85m (loss narrowed 7.6% from 1Q 2021). Over the next year, revenue is expected to shrink by 20% compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.
Breakeven Date Change • Feb 17Forecast to breakeven in 2023The 6 analysts covering Ardmore Shipping expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$20.1m in 2023. Average annual earnings growth of 123% is required to achieve expected profit on schedule.
Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$1.12 loss per share (down from US$0.18 loss in FY 2020). Revenue: US$192.5m (down 13% from FY 2020). Net loss: US$38.1m (loss widened US$32.0m from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 25% compared to a 66% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Feb 09Ardmore Shipping Corporation to Report Q4, 2021 Results on Feb 15, 2022Ardmore Shipping Corporation announced that they will report Q4, 2021 results Pre-Market on Feb 15, 2022
Reported Earnings • Nov 12Third quarter 2021 earnings released: US$0.37 loss per share (vs US$0.20 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$47.2m (up 4.4% from 3Q 2020). Net loss: US$12.8m (loss widened 93% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 6 analysts covering Ardmore Shipping expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$5.22m in 2022. Average annual earnings growth of 111% is required to achieve expected profit on schedule.
Reported Earnings • Jul 28Second quarter 2021 earnings released: US$0.24 loss per share (vs US$0.41 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$47.3m (down 30% from 2Q 2020). Net loss: US$8.21m (down 160% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28+ 12 more updatesArdmore Shipping Corporation(NYSE:ASC) dropped from Russell Microcap Growth IndexArdmore Shipping Corporation(NYSE:ASC) dropped from Russell Microcap Growth Index
お知らせ • Jun 18Ardmore Shipping Corporation announced that it has received $40 million in funding from Maritime Partners, LLCOn June 17, 2021, Ardmore Shipping Corporation (NYSE:ASC) closed the transaction.
Reported Earnings • May 06First quarter 2021 earnings released: US$0.26 loss per share (vs US$0.20 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$45.6m (down 30% from 1Q 2020). Net loss: US$8.50m (down 230% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Mar 17+ 2 more updatesArdmore Shipping Corporation (NYSE:ASC) signed a Letter of Intent to acquire 10% equity stake in Element 1 Corp. for $9 million.Ardmore Shipping Corporation (NYSE:ASC) signed a Letter of Intent to acquire 10% equity stake in Element 1 Corp. for $9 million on March 15, 2021. Ardmore will purchase a 10% equity stake in e1 in exchange for $4 million cash plus 950,000 ASC common shares. Completion of the transaction remain subject to the negotiation and execution of definitive agreements and the satisfaction of related closing conditions. The transaction is expected to close simultaneously early in the second quarter of 2021.
Is New 90 Day High Low • Mar 13New 90-day high: €3.94The company is up 41% from its price of €2.80 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.50 per share.
Reported Earnings • Mar 07Full year 2020 earnings released: US$0.18 loss per share (vs US$0.69 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$220.1m (down 4.3% from FY 2019). Net loss: US$6.05m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 13Full year 2020 earnings released: US$0.18 loss per share (vs US$0.69 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$220.1m (down 4.3% from FY 2019). Net loss: US$6.05m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 10New 90-day high: €3.14The company is up 11% from its price of €2.82 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.78 per share.
