American Shipping Company ASA

American Shipping Company ASAverified

ASCJF

Price:

$2.25

Market Cap:

$161.69M

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 American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.[Read more]

Industry

Marine Shipping

IPO Date

2013-04-29

Stock Exchange

PNK

Ticker

ASCJF

The ROE as of December 2024 (TTM) for American Shipping Company ASA (ASCJF) is 29.79%

According to American Shipping Company ASA’s latest financial reports and current stock price. The company's current ROE is 29.79%. This represents a change of -8.52% compared to the average of 32.56% of the last 4 quarters.

American Shipping Company ASA (ASCJF) Historical ROE (quarterly & annually)

How has ASCJF ROE performed in the past?

The mean historical ROE of American Shipping Company ASA over the last ten years is 6.70%. The current 29.79% ROE has changed 344.70% with respect to the historical average. Over the past ten years (40 quarters), ASCJF's ROE was at its highest in in the December 2023 quarter at 112.76%. The ROE was at its lowest in in the September 2020 quarter at -3.05%.

Quarterly (TTM)
Annual

Average

6.70%

Median

6.84%

Minimum

-0.96%

Maximum

11.27%

American Shipping Company ASA (ASCJF) ROE by Quarter and Year

Discovering the peaks and valleys of American Shipping Company ASA ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 124.00%

Maximum Annual ROE = 11.27%

Minimum Annual Increase = -108.98%

Minimum Annual ROE = -0.96%

Quarterly (TTM)
Annual
YearROEChange
2023-0.96%-108.98%
202210.66%18.58%
20218.99%-20.28%
202011.27%124.00%
20195.03%3.14%
20184.88%-31.48%
20177.12%95.96%
20163.63%-44.60%
20156.56%-33.06%
20149.80%-76.92%

American Shipping Company ASA (ASCJF) Average ROE

How has ASCJF ROE performed in the past?

The current ROE of American Shipping Company ASA (ASCJF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.23%

5-year avg

7.00%

10-year avg

6.70%

American Shipping Company ASA (ASCJF) ROE vs. Peers

How is ASCJF’s ROE compared to its peers?

American Shipping Company ASA’s ROE is greater than Western Bulk Chartering AS (-15.42%), less than A.P. Møller - Mærsk A/S (6.71%), less than A.P. Møller - Mærsk A/S (6.71%), less than Caravelle International Group (0%), less than Pacific Basin Shipping Limited (4.53%), less than Pyxis Tankers Inc. (34.74%), greater than EuroDry Ltd. (-5.64%), less than Nippon Yusen Kabushiki Kaisha (14.12%), less than Nippon Yusen Kabushiki Kaisha (14.12%), less than SITC International Holdings Company Limited (28.49%), less than COSCO SHIPPING Holdings Co., Ltd. (19.19%), less than Mitsui O.S.K. Lines, Ltd. (14.53%), less than MPC Container Ships ASA (31.15%), less than Hapag-Lloyd Aktiengesellschaft (7.79%), less than Orient Overseas (International) Limited (9.27%), less than Mitsui O.S.K. Lines, Ltd. (14.53%), less than Hapag-Lloyd Aktiengesellschaft (7.79%), less than A.P. Møller - Mærsk A/S (6.71%), less than Hafnia Limited (24.41%),

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