C3is (NASDAQ:CISS – Get Free Report) and Ardmore Shipping (NYSE:ASC – Get Free Report) are both small-cap transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, earnings, analyst recommendations, risk and profitability.
Insider and Institutional Ownership
10.5% of C3is shares are owned by institutional investors. Comparatively, 62.2% of Ardmore Shipping shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability
This table compares C3is and Ardmore Shipping’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
C3is | 5.74% | 19.35% | 11.24% |
Ardmore Shipping | 32.78% | 20.48% | 17.25% |
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
C3is | 0 | 0 | 0 | 0 | 0.00 |
Ardmore Shipping | 0 | 2 | 2 | 0 | 2.50 |
Ardmore Shipping has a consensus target price of $18.00, suggesting a potential upside of 79.35%. Given Ardmore Shipping’s stronger consensus rating and higher probable upside, analysts plainly believe Ardmore Shipping is more favorable than C3is.
Earnings and Valuation
This table compares C3is and Ardmore Shipping”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
C3is | $28.74 million | 0.01 | $9.29 million | $58.20 | 0.02 |
Ardmore Shipping | $405.78 million | 1.03 | $133.01 million | $3.06 | 3.28 |
Ardmore Shipping has higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than Ardmore Shipping, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
C3is has a beta of 2.06, meaning that its share price is 106% more volatile than the S&P 500. Comparatively, Ardmore Shipping has a beta of 0.25, meaning that its share price is 75% less volatile than the S&P 500.
Summary
Ardmore Shipping beats C3is on 11 of the 13 factors compared between the two stocks.
About C3is
C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.
About Ardmore Shipping
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.
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