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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ardmore Shipping's annualized net income for the quarter that ended in Jun. 2026 was €210.1 Mil. Ardmore Shipping's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €587.0 Mil. Therefore, Ardmore Shipping's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 35.79%.
The historical rank and industry rank for Ardmore Shipping's Return-on-Tangible-Equity or its related term are showing as below:
FRA:A61'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.8 Med: -0.44 Max: 33.15
Current: 16.6
During the past 13 years, Ardmore Shipping's highest Return-on-Tangible-Equity was 33.15%. The lowest was -11.80%. And the median was -0.44%.
FRA:A61's Return-on-Tangible-Equity is ranked better than 72.44% of 976
companies
in the Transportation industry
Industry Median: 8.87
vs FRA:A61: 16.60
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ardmore Shipping Return-on-Tangible-Equity Related Terms
Ardmore Shipping Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ardmore Shipping's Return-on-Tangible-Equity 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.
FRA:A61 vs SB, ESEA, PANL: Return-on-Tangible-Equity Comparison
For the Marine Shipping subindustry, Ardmore Shipping's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Ardmore Shipping's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ardmore Shipping's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 35.79% mean?
Ardmore Shipping (FRA:A61) has a Return-on-Tangible-Equity of 35.79% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ardmore Shipping and its competitors. According to the industry distribution chart, Ardmore Shipping ranks #269 out of 976 companies in the Transportation industry, placing it in the top 27.6%.
Is Ardmore Shipping's Return-on-Tangible-Equity too high?
Ardmore Shipping's current Return-on-Tangible-Equity is 35.79%. The Transportation industry median Return-on-Tangible-Equity is 8.87. Ardmore Shipping's value of 35.79% is 303.5% above this industry median. Based on the distribution chart, Ardmore Shipping ranks #269 out of 976 companies in the Transportation industry, which is above the industry midpoint. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Return-on-Tangible-Equity compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #269 out of 976 companies for Return-on-Tangible-Equity. This puts Ardmore Shipping in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.87. Ardmore Shipping's value of 35.79% is 303.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.87, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ardmore Shipping's current Return-on-Tangible-Equity of 35.79% is 303.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ardmore Shipping and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Return-on-Tangible-Equity is 35.79%. 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 (FRA:A61) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.06, compared to a current price of €14.12 — trading 27.7% above its estimated fair value. The current Return-on-Tangible-Equity is 35.79% and 303.5% above the Transportation industry median of 8.87. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ardmore Shipping (FRA:A61), the current Return-on-Tangible-Equity is 35.79% 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 (FRA:A61) Overvalued in 2026?
Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued.
The current stock price of €14.12 is trading 27.7% above its estimated GF Value™ of €11.06.
GuruFocus considers Ardmore Shipping to be Modestly Overvalued.
Key valuation signals for FRA:A61:
Return-on-Tangible-Equity: 35.79%
GF Value™: €11.06 vs. price of €14.12 (27.7% above fair value)
Industry Position: 303.5% above the Transportation median (#269 of 976)
No single metric tells the full story. See the FRA:A61 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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