Ardmore Shipping (Ardmore Shipping) EV-to-EBIT : 5.88 (As of Apr. 25, 2024)

Ardmore Shipping EV-to-EBIT Chart

Ardmore Shipping Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
EV-to-EBIT		Get a 7-Day Free Trial					481.21	43.56	-21.59	4.84	5.12

Ardmore Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															4.84	3.62	3.14	3.97	5.12

Competitive Comparison of Ardmore Shipping's EV-to-EBIT

For the Marine Shipping subindustry, Ardmore Shipping's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ardmore Shipping's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's EV-to-EBIT falls into.

Ardmore Shipping EV-to-EBIT Calculation

Ardmore Shipping's EV-to-EBIT for today is calculated as:

Ardmore Shipping's current Enterprise Value is $764.1 Mil.
Ardmore Shipping's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $130.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ardmore Shipping  (NYSE:ASC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ardmore Shipping's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Ardmore Shipping's Enterprise Value for the quarter that ended in Dec. 2023 was $666.2 Mil.
Ardmore Shipping's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $130.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ardmore Shipping EV-to-EBIT Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description