ASC Research | Milton Maxwell

ASC

Ardmore Shipping Corporation

11.16

-0.11-0.98%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

Patient capital allocation reaffirmed

2/11/26Feb 11, 2026

Q&A largely reaffirmed the prepared remarks' strong market tone and low-breakeven resilience, but surfaced management's patient capital allocation amid MR values up 15% since buys—Gernot prefers holding efficient older ships over chasing peaks, eyeing secondhand value over newbuildings last tapped in 2013. No contradictions, just disciplined nuance: diverse funding sources like RMB bonds to navigate capex competition. AI adoption stays low-CapEx via subscriptions for quick exits. Geopolitics add volatility, but new routes endure post-Ukraine. Tight Q1 layers thrill. Patience rules deployments.

Key Stats

Market Cap

454.19M

P/E (TTM)

14.13

Basic EPS (TTM)

0.79

Dividend Yield

0.03%

About

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 26 vessels, including 22 owned Eco-design vessels and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Hamilton, Bermuda.

CEO

Mr. Gernot Ruppelt

IPO

8/1/2013

Website

https://ardmoreshipping.com

Employees

Sector

Industrials

Industry

Marine Shipping