SB vs. ASC
Compare and contrast key facts about Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SB or ASC.
Correlation
The correlation between SB and ASC 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
SB vs. ASC - Performance Comparison
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Key characteristics
SB:
-0.89
ASC:
-1.25
SB:
-1.22
ASC:
-1.97
SB:
0.86
ASC:
0.78
SB:
-0.46
ASC:
-0.80
SB:
-1.00
ASC:
-1.26
SB:
31.53%
ASC:
38.77%
SB:
35.99%
ASC:
39.35%
SB:
-97.38%
ASC:
-80.11%
SB:
-63.85%
ASC:
-55.56%
Fundamentals
SB:
$373.71M
ASC:
$398.11M
SB:
$0.83
ASC:
$3.06
SB:
4.28
ASC:
3.20
SB:
-1.07
ASC:
-6.04
SB:
1.21
ASC:
1.07
SB:
0.43
ASC:
0.66
SB:
$225.96M
ASC:
$299.48M
SB:
$101.03M
ASC:
$116.71M
SB:
$117.93M
ASC:
$111.15M
Returns By Period
In the year-to-date period, SB achieves a 0.79% return, which is significantly higher than ASC's -18.64% return. Over the past 10 years, SB has outperformed ASC with an annualized return of 1.29%, while ASC has yielded a comparatively lower -0.04% annualized return.
SB
0.79%
2.01%
-16.20%
-31.69%
37.20%
1.29%
ASC
-18.64%
5.49%
-18.01%
-48.99%
17.25%
-0.04%
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Risk-Adjusted Performance
SB vs. ASC — Risk-Adjusted Performance Rank
SB
ASC
SB vs. ASC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC). 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.
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Dividends
SB vs. ASC - Dividend Comparison
SB's dividend yield for the trailing twelve months is around 5.63%, less than ASC's 9.69% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SB Safe Bulkers, Inc. | 5.63% | 5.60% | 5.09% | 6.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.94% | 5.63% |
ASC Ardmore Shipping Corporation | 9.69% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% | 3.34% |
Drawdowns
SB vs. ASC - Drawdown Comparison
The maximum SB drawdown since its inception was -97.38%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for SB and ASC. For additional features, visit the drawdowns tool.
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Volatility
SB vs. ASC - Volatility Comparison
Safe Bulkers, Inc. (SB) has a higher volatility of 11.60% compared to Ardmore Shipping Corporation (ASC) at 10.76%. This indicates that SB's price experiences larger fluctuations and is considered to be riskier than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
SB vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between Safe Bulkers, Inc. and Ardmore Shipping Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SB vs. ASC - Profitability Comparison
SB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Safe Bulkers, Inc. reported a gross profit of 32.87M and revenue of 71.49M. Therefore, the gross margin over that period was 46.0%.
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%.
SB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Safe Bulkers, Inc. reported an operating income of 24.64M and revenue of 71.49M, resulting in an operating margin of 34.5%.
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%.
SB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Safe Bulkers, Inc. reported a net income of 19.36M and revenue of 71.49M, resulting in a net margin of 27.1%.
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%.