Ardmore Shipping Corp
NYSE:ASC

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Ardmore Shipping Corp
NYSE:ASC
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Price: 11.14 USD -1.68% Market Closed
Market Cap: 452.5m USD

Relative Value

The Relative Value of one ASC stock under the Base Case scenario is 10.11 USD. Compared to the current market price of 11.14 USD, Ardmore Shipping Corp is Overvalued by 9%.

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

ASC Relative Value
Base Case
10.11 USD
Overvaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
20
vs Industry
53
Median 3Y
1.3
Median 5Y
1.1
Industry
1.4
Forward
1.4
vs History
4
vs Industry
43
Median 3Y
4.8
Median 5Y
3.7
Industry
12.2
Forward
11
vs History
19
vs Industry
43
Median 3Y
4
Median 5Y
3.4
Industry
5.2
vs History
26
vs Industry
25
Median 3Y
10.7
Median 5Y
-2.5
Industry
11.2
vs History
53
vs Industry
60
Median 3Y
0.9
Median 5Y
0.7
Industry
1.3
vs History
44
vs Industry
60
Median 3Y
1.4
Median 5Y
1.7
Industry
2.1
Forward
1.6
vs History
42
vs Industry
66
Median 3Y
2.8
Median 5Y
3.4
Industry
5.2
vs History
38
vs Industry
47
Median 3Y
3.7
Median 5Y
4.8
Industry
6.7
Forward
5.8
vs History
19
vs Industry
45
Median 3Y
4.5
Median 5Y
4.1
Industry
10.1
Forward
10
vs History
30
vs Industry
50
Median 3Y
4.1
Median 5Y
4.2
Industry
7
vs History
vs Industry
37
Median 3Y
4.8
Median 5Y
4.8
Industry
11.6
vs History
52
vs Industry
56
Median 3Y
0.9
Median 5Y
0.7
Industry
1

Multiples Across Competitors

ASC Competitors Multiples
Ardmore Shipping Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Ardmore Shipping Corp
NYSE:ASC
453.4m USD 1.5 14.2 6.8 11.8
CA
Enbridge Inc
TSX:ENB
142.8B CAD 2.2 25.4 14.8 22.4
US
Williams Companies Inc
NYSE:WMB
73B USD 6.4 30.8 15.8 25
US
Enterprise Products Partners LP
NYSE:EPD
69.5B USD 1.3 12.1 10.7 14.6
US
Kinder Morgan Inc
NYSE:KMI
59.5B USD 3.6 21.9 13.2 20.3
CA
TC Energy Corp
TSX:TRP
78.4B CAD 6.3 23.1 15.9 23.3
US
Energy Transfer LP
NYSE:ET
56.9B USD 0.7 13.2 7.9 12.6
US
MPLX LP
NYSE:MPLX
55.8B USD 4.4 11.6 11 13.5
US
ONEOK Inc
NYSE:OKE
46.3B USD 1.5 13.9 10.5 13.1
US
Cheniere Energy Inc
NYSE:LNG
41.1B USD 2.2 10.3 7.4 8.8
US
Targa Resources Corp
NYSE:TRGP
39.4B USD 2.3 24.4 12.1 18
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
Ardmore Shipping Corp
NYSE:ASC
Average EV/EBITDA: 11.5
6.8
-18%
N/A
CA
Enbridge Inc
TSX:ENB
14.8
14%
1.1
US
Williams Companies Inc
NYSE:WMB
15.8
19%
0.8
US
Enterprise Products Partners LP
NYSE:EPD
10.7
5%
2.1
US
Kinder Morgan Inc
NYSE:KMI
13.2
11%
1.2
CA
TC Energy Corp
TSX:TRP
15.9
13%
1.2
US
Energy Transfer LP
NYSE:ET
7.9
9%
0.9
US
MPLX LP
NYSE:MPLX
11
8%
1.4
US
ONEOK Inc
NYSE:OKE
10.5
13%
0.8
US
Cheniere Energy Inc
NYSE:LNG
7.4
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
12.1
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
Ardmore Shipping Corp
NYSE:ASC
Average EV/EBIT: 16.7
11.8
-23%
N/A
CA
Enbridge Inc
TSX:ENB
22.4
17%
1.3
US
Williams Companies Inc
NYSE:WMB
25
23%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
14.6
5%
2.9
US
Kinder Morgan Inc
NYSE:KMI
20.3
10%
2
CA
TC Energy Corp
TSX:TRP
23.3
16%
1.5
US
Energy Transfer LP
NYSE:ET
12.6
7%
1.8
US
MPLX LP
NYSE:MPLX
13.5
7%
1.9
US
ONEOK Inc
NYSE:OKE
13.1
11%
1.2
US
Cheniere Energy Inc
NYSE:LNG
8.8
-1%
N/A
US
Targa Resources Corp
NYSE:TRGP
18
15%
1.2