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ASC vs. FRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ASC and FRO is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

ASC vs. FRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ardmore Shipping Corporation (ASC) and Frontline Ltd. (FRO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ASC:

-1.36

FRO:

-0.54

Sortino Ratio

ASC:

-2.05

FRO:

-0.48

Omega Ratio

ASC:

0.77

FRO:

0.95

Calmar Ratio

ASC:

-0.82

FRO:

-0.28

Martin Ratio

ASC:

-1.28

FRO:

-0.83

Ulcer Index

ASC:

39.23%

FRO:

31.02%

Daily Std Dev

ASC:

38.88%

FRO:

50.95%

Max Drawdown

ASC:

-80.11%

FRO:

-98.40%

Current Drawdown

ASC:

-55.02%

FRO:

-87.88%

Fundamentals

Market Cap

ASC:

$403.40M

FRO:

$4.05B

EPS

ASC:

$3.14

FRO:

$2.28

PE Ratio

ASC:

3.16

FRO:

7.98

PEG Ratio

ASC:

-6.04

FRO:

0.00

PS Ratio

ASC:

1.08

FRO:

1.98

PB Ratio

ASC:

0.65

FRO:

1.70

Total Revenue (TTM)

ASC:

$299.48M

FRO:

$1.47B

Gross Profit (TTM)

ASC:

$116.71M

FRO:

$565.46M

EBITDA (TTM)

ASC:

$111.15M

FRO:

$797.47M

Returns By Period

In the year-to-date period, ASC achieves a -17.64% return, which is significantly lower than FRO's 28.99% return. Over the past 10 years, ASC has underperformed FRO with an annualized return of 0.23%, while FRO has yielded a comparatively higher 10.13% annualized return.


ASC

YTD

-17.64%

1M

14.02%

6M

-14.92%

1Y

-52.82%

5Y*

19.09%

10Y*

0.23%

FRO

YTD

28.99%

1M

24.45%

6M

-5.29%

1Y

-27.27%

5Y*

29.97%

10Y*

10.13%

*Annualized

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Risk-Adjusted Performance

ASC vs. FRO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASC
The Risk-Adjusted Performance Rank of ASC is 55
Overall Rank
The Sharpe Ratio Rank of ASC is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of ASC is 22
Sortino Ratio Rank
The Omega Ratio Rank of ASC is 44
Omega Ratio Rank
The Calmar Ratio Rank of ASC is 44
Calmar Ratio Rank
The Martin Ratio Rank of ASC is 1313
Martin Ratio Rank

FRO
The Risk-Adjusted Performance Rank of FRO is 2626
Overall Rank
The Sharpe Ratio Rank of FRO is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of FRO is 2222
Sortino Ratio Rank
The Omega Ratio Rank of FRO is 2424
Omega Ratio Rank
The Calmar Ratio Rank of FRO is 3232
Calmar Ratio Rank
The Martin Ratio Rank of FRO is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ASC vs. FRO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ardmore Shipping Corporation (ASC) and Frontline Ltd. (FRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current ASC Sharpe Ratio is -1.36, which is lower than the FRO Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of ASC and FRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ASC vs. FRO - Dividend Comparison

ASC's dividend yield for the trailing twelve months is around 9.58%, less than FRO's 9.85% yield.


TTM20242023202220212020201920182017201620152014
ASC
Ardmore Shipping Corporation
9.58%8.89%8.16%0.00%0.00%1.53%0.00%0.00%0.00%5.41%4.80%3.34%
FRO
Frontline Ltd.
9.85%13.74%14.31%1.24%0.00%25.72%0.78%0.00%6.54%14.77%1.67%0.00%

Drawdowns

ASC vs. FRO - Drawdown Comparison

The maximum ASC drawdown since its inception was -80.11%, smaller than the maximum FRO drawdown of -98.40%. Use the drawdown chart below to compare losses from any high point for ASC and FRO. For additional features, visit the drawdowns tool.


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Volatility

ASC vs. FRO - Volatility Comparison

The current volatility for Ardmore Shipping Corporation (ASC) is 7.30%, while Frontline Ltd. (FRO) has a volatility of 10.31%. This indicates that ASC experiences smaller price fluctuations and is considered to be less risky than FRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

ASC vs. FRO - Financials Comparison

This section allows you to compare key financial metrics between Ardmore Shipping Corporation and Frontline Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00100.00M200.00M300.00M400.00M500.00M600.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
82.04M
425.64M
(ASC) Total Revenue
(FRO) Total Revenue
Values in USD except per share items

ASC vs. FRO - Profitability Comparison

The chart below illustrates the profitability comparison between Ardmore Shipping Corporation and Frontline Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
28.7%
46.2%
(ASC) Gross Margin
(FRO) Gross Margin
ASC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a gross profit of 23.53M and revenue of 82.04M. Therefore, the gross margin over that period was 28.7%.

FRO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Frontline Ltd. reported a gross profit of 196.73M and revenue of 425.64M. Therefore, the gross margin over that period was 46.2%.

ASC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported an operating income of 11.47M and revenue of 82.04M, resulting in an operating margin of 14.0%.

FRO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Frontline Ltd. reported an operating income of 129.72M and revenue of 425.64M, resulting in an operating margin of 30.5%.

ASC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a net income of 6.94M and revenue of 82.04M, resulting in a net margin of 8.5%.

FRO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Frontline Ltd. reported a net income of 66.73M and revenue of 425.64M, resulting in a net margin of 15.7%.