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Ardmore ShippingASC -0.82%75 Net Cash per Share is $-0.23 as of Jun. 2026. GuruFocus rates ASC with a GF Score™ of 75/100 and a GF Value™ of $13.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 127 Transportation companies, Ardmore Shipping ranks worse than 787400.79% on this metric.
The historical rank and industry rank for Ardmore Shipping's Net Cash per Share or its related term are showing as below:
ASC's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.71 * Ranked among companies with meaningful Price-to-Net-Cash only.
Ardmore Shipping (NYSE:ASC) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Ardmore Shipping Net Cash per Share Related Terms
Ardmore Shipping Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Ardmore Shipping's Net Cash per Share can be seen below:
* 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.
ASC vs SB, ESEA, PANL: Net Cash per Share Comparison
For the Marine Shipping subindustry, Ardmore Shipping's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Transportation Industry
For the Transportation industry and Industrials sector, Ardmore Shipping's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Ardmore Shipping's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Ardmore Shipping's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ASC) has a Net Cash per Share of $-0.23 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ardmore Shipping and its competitors. According to the industry distribution chart, Ardmore Shipping ranks #999999 out of 127 companies in the Transportation industry.
Is Ardmore Shipping's Net Cash per Share too high?
Ardmore Shipping's current Net Cash per Share is $-0.23. Based on the distribution chart, Ardmore Shipping ranks #999999 out of 127 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Net Cash per Share compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #999999 out of 127 companies for Net Cash per Share. This places Ardmore Shipping in the lower half of its industry. The industry median Net Cash per Share is 7.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Transportation company?
The median Net Cash per Share among Transportation companies is 7.71, based on 127 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ardmore Shipping and its competitors. For the Transportation industry, the median Net Cash per Share is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Net Cash per Share is $-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (ASC) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $18.25 — trading 40.4% above its estimated fair value. The current Net Cash per Share is $-0.23. Ardmore Shipping's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Ardmore Shipping (ASC), the current Net Cash per Share is $-0.23 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ardmore Shipping (ASC) Overvalued in 2026?
Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued.
The current stock price of $18.25 is trading 40.4% above its estimated GF Value™ of $13.00.
GuruFocus considers Ardmore Shipping to be Significantly Overvalued.
Key valuation signals for ASC:
Net Cash per Share: $-0.23
GF Value™: $13.00 vs. price of $18.25 (40.4% above fair value)
No single metric tells the full story. See the ASC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The company markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
75GF Score
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