American Shipping Company ASA Logo

American Shipping Company ASA

AMSC.OL

(1.8)
Stock Price

28,75 NOK

1.47% ROA

7.03% ROE

15.81x PER

Market Cap.

191.756.534,49 NOK

74.45% DER

1139.41% Yield

12.2% NPM

American Shipping Company ASA Stock Analysis

American Shipping Company ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

American Shipping Company ASA Fundamental Stock Analysis
# Analysis Rating
1 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

2 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

3 ROE

The stock's ROE falls within an average range (8.21%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (1.7%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.04x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 DER

The company has a high debt to equity ratio (381%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (24), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

American Shipping Company ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

American Shipping Company ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

American Shipping Company ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

American Shipping Company ASA Revenue
Year Revenue Growth
2006 0
2007 12.698.000 100%
2008 33.341.000 61.91%
2009 54.363.000 38.67%
2010 68.318.000 20.43%
2011 83.866.000 18.54%
2012 87.791.000 4.47%
2013 87.353.000 -0.5%
2014 87.641.000 0.33%
2015 87.788.000 0.17%
2016 88.042.000 0.29%
2017 87.801.000 -0.27%
2018 87.801.000 0%
2019 87.804.000 0%
2020 88.203.000 0.45%
2021 88.193.000 -0.01%
2022 93.654.000 5.83%
2023 30.400.000 -208.07%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

American Shipping Company ASA Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

American Shipping Company ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 505.000
2007 215.000 -134.88%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 180.000 100%
2013 248.000 27.42%
2014 164.000 -51.22%
2015 205.000 20%
2016 176.000 -16.48%
2017 156.000 -12.82%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

American Shipping Company ASA EBITDA
Year EBITDA Growth
2006 7.926.000
2007 -24.834.000 131.92%
2008 118.204.000 121.01%
2009 78.645.000 -50.3%
2010 78.886.000 0.31%
2011 94.246.000 16.3%
2012 68.705.000 -37.17%
2013 99.200.000 30.74%
2014 87.973.000 -12.76%
2015 81.739.000 -7.63%
2016 88.029.000 7.15%
2017 88.108.000 0.09%
2018 84.115.000 -4.75%
2019 83.755.000 -0.43%
2020 75.060.000 -11.58%
2021 82.500.000 9.02%
2022 87.890.000 6.13%
2023 19.200.000 -357.76%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

American Shipping Company ASA Gross Profit
Year Gross Profit Growth
2006 0
2007 12.698.000 100%
2008 33.341.000 61.91%
2009 54.363.000 38.67%
2010 68.318.000 20.43%
2011 83.758.000 18.43%
2012 52.854.000 -58.47%
2013 52.398.000 -0.87%
2014 52.898.000 0.95%
2015 52.736.000 -0.31%
2016 52.654.000 -0.16%
2017 52.873.000 0.41%
2018 52.203.000 -1.28%
2019 52.960.000 1.43%
2020 52.996.000 0.07%
2021 52.190.000 -1.54%
2022 55.074.000 5.24%
2023 22.000.000 -150.34%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

American Shipping Company ASA Net Profit
Year Net Profit Growth
2006 10.453.000
2007 -35.924.000 129.1%
2008 -74.720.000 51.92%
2009 -1.306.000 -5621.29%
2010 -20.534.000 93.64%
2011 -7.464.000 -175.11%
2012 -8.880.000 15.95%
2013 30.909.000 128.73%
2014 22.982.000 -34.49%
2015 14.709.000 -56.24%
2016 7.110.000 -106.88%
2017 13.308.000 46.57%
2018 8.591.000 -54.91%
2019 8.302.000 -3.48%
2020 18.181.000 54.34%
2021 13.409.000 -35.59%
2022 18.652.000 28.11%
2023 12.000.000 -55.43%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

American Shipping Company ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 -1 100%
2008 -3 50%
2009 0 0%
2010 -1 0%
2011 0 0%
2012 0 0%
2013 1 100%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

American Shipping Company ASA Free Cashflow
Year Free Cashflow Growth
2006 -59.944.000
2007 -221.126.000 72.89%
2008 -225.952.000 2.14%
2009 -195.094.000 -15.82%
2010 -115.798.000 -68.48%
2011 -48.028.000 -141.11%
2012 36.187.000 232.72%
2013 41.278.000 12.33%
2014 38.111.000 -8.31%
2015 50.840.000 25.04%
2016 56.720.000 10.37%
2017 50.999.000 -11.22%
2018 47.760.000 -6.78%
2019 34.979.000 -36.54%
2020 39.045.000 10.41%
2021 58.363.000 33.1%
2022 -109.648.000 153.23%
2023 -2.700.000 -3961.04%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

American Shipping Company ASA Operating Cashflow
Year Operating Cashflow Growth
2006 13.329.000
2007 34.560.000 61.43%
2008 -15.533.000 322.49%
2009 39.353.000 139.47%
2010 44.562.000 11.69%
2011 32.608.000 -36.66%
2012 36.187.000 9.89%
2013 41.278.000 12.33%
2014 38.111.000 -8.31%
2015 50.840.000 25.04%
2016 56.720.000 10.37%
2017 50.999.000 -11.22%
2018 47.760.000 -6.78%
2019 35.909.000 -33%
2020 43.885.000 18.17%
2021 58.363.000 24.81%
2022 62.537.000 6.67%
2023 -2.700.000 2416.19%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

American Shipping Company ASA Capital Expenditure
Year Capital Expenditure Growth
2006 73.273.000
2007 255.686.000 71.34%
2008 210.419.000 -21.51%
2009 234.447.000 10.25%
2010 160.360.000 -46.2%
2011 80.636.000 -98.87%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 930.000 100%
2020 4.840.000 80.79%
2021 0 0%
2022 172.185.000 100%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

American Shipping Company ASA Equity
Year Equity Growth
2006 191.658.000
2007 155.734.000 -23.07%
2008 101.014.000 -54.17%
2009 78.767.000 -28.24%
2010 58.233.000 -35.26%
2011 50.769.000 -14.7%
2012 41.889.000 -21.2%
2013 72.798.000 42.46%
2014 234.545.000 68.96%
2015 224.237.000 -4.6%
2016 195.642.000 -14.62%
2017 186.872.000 -4.69%
2018 176.066.000 -6.14%
2019 164.971.000 -6.73%
2020 161.284.000 -2.29%
2021 149.205.000 -8.1%
2022 175.020.000 14.75%
2023 159.300.000 -9.87%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

American Shipping Company ASA Assets
Year Assets Growth
2006 376.626.000
2007 572.971.000 34.27%
2008 714.073.000 19.76%
2009 866.276.000 17.57%
2010 1.008.111.000 14.07%
2011 1.037.660.000 2.85%
2012 961.189.000 -7.96%
2013 932.882.000 -3.03%
2014 999.676.000 6.68%
2015 906.984.000 -10.22%
2016 889.386.000 -1.98%
2017 847.129.000 -4.99%
2018 811.336.000 -4.41%
2019 752.358.000 -7.84%
2020 723.663.000 -3.97%
2021 713.564.000 -1.42%
2022 829.295.000 13.96%
2023 797.500.000 -3.99%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

American Shipping Company ASA Liabilities
Year Liabilities Growth
2006 184.968.000
2007 417.237.000 55.67%
2008 613.059.000 31.94%
2009 787.509.000 22.15%
2010 949.878.000 17.09%
2011 986.891.000 3.75%
2012 919.300.000 -7.35%
2013 860.084.000 -6.88%
2014 765.131.000 -12.41%
2015 682.747.000 -12.07%
2016 693.744.000 1.59%
2017 660.257.000 -5.07%
2018 635.270.000 -3.93%
2019 587.387.000 -8.15%
2020 562.379.000 -4.45%
2021 564.359.000 0.35%
2022 654.275.000 13.74%
2023 638.200.000 -2.52%

American Shipping Company ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.34
Net Income per Share
0.16
Price to Earning Ratio
15.81x
Price To Sales Ratio
1.99x
POCF Ratio
2.3
PFCF Ratio
2.37
Price to Book Ratio
1.17
EV to Sales
2.99
EV Over EBITDA
5.01
EV to Operating CashFlow
3.56
EV to FreeCashFlow
3.56
Earnings Yield
0.06
FreeCashFlow Yield
0.42
Market Cap
0,19 Bil.
Enterprise Value
0,29 Bil.
Graham Number
2.86
Graham NetNet
-8.57

Income Statement Metrics

Net Income per Share
0.16
Income Quality
24.53
ROE
0.07
Return On Assets
0.01
Return On Capital Employed
0.24
Net Income per EBT
0.67
EBT Per Ebit
0.32
Ebit per Revenue
0.57
Effective Tax Rate
0.46

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.61
Operating Profit Margin
0.57
Pretax Profit Margin
0.18
Net Profit Margin
0.12

Dividends

Dividend Yield
11.39
Dividend Yield %
1139.41
Payout Ratio
0
Dividend Per Share
29.45

Operating Metrics

Operating Cashflow per Share
1.13
Free CashFlow per Share
1.13
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.11
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
5.84
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
62.47
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,31
Book Value per Share
2,22
Tangible Book Value per Share
2.22
Shareholders Equity per Share
2.22
Interest Debt per Share
2.2
Debt to Equity
0.74
Debt to Assets
0.15
Net Debt to EBITDA
1.68
Current Ratio
1.13
Tangible Asset Value
0,16 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
0.74
Working Capital
0,08 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.62

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

American Shipping Company ASA Dividends
Year Dividends Growth
2014 0
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 3 100%
2021 4 0%
2022 5 25%
2023 29 85.71%

American Shipping Company ASA Profile

About American Shipping Company ASA

American Shipping Company ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company is involved in the purchase and bareboat chartering of product tankers, shuttle tankers, and other vessels to operators and end users in the Jones Act market. It operates a fleet of nine product tankers and one shuttle tanker. The company was formerly known as Aker American Shipping ASA and changed its name to American Shipping Company ASA in June 2008. American Shipping Company ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.

CEO
Mr. Pal Lothe Magnussen
Employee
3
Address
Building B
Lysaker, 1366

American Shipping Company ASA Executives & BODs

American Shipping Company ASA Executives & BODs
# Name Age
1 Mr. Pal Lothe Magnussen
Chief Executive Officer & President
70
2 Mr. Morten Bakke
Chief Financial Officer
70

American Shipping Company ASA Competitors

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