TRMD-A Stock Analysis: TORM | CO
Oil & Gas Midstream | CO, Denmark | Market Cap: 20.064m DKK | 12M Return: 73.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 29.0M
EPS Trend: -94.0%
Qual. Beats: 0
Rev. Trend: -80.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
TORM plc is a London-based shipping company founded in 1889 that owns and operates a global fleet of product tankers, with operations split between its core Tanker segment, which hauls refined products (gasoline, jet fuel, diesel, naphtha, gas oil) and dirty petroleum products (residual fuels, crude oil), and a smaller Marine Engineering segment focused on developing advanced and low-emission marine equipment.
As a pure-play product tanker operator classified under the GICS Oil & Gas Storage & Transportation sub-industry, TORMs earnings are closely tied to charter rates in the cyclical seaborne transportation of oil products, and its Marine Engineering activities align with the broader industry push for fleet decarbonization and compliance with IMO emissions standards.
- Product tanker rates surge on long-haul Russia trade rerouting
- Fleet expansion through new LR2 orders boosts capacity
- Record TCE earnings drive elevated dividends and buyback payouts
| Net Income: 344.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -7.89 > 1.0 |
| NWC/Revenue: 11.67% < 20% (prev 29.22%; Δ -17.55% < -1%) |
| CFO/TA 0.15 > 3% & CFO 541.9m > Net Income 344.1m |
| Net Debt (1.07b) to EBITDA (634.3m): 1.69 < 3 |
| Current Ratio: 1.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (103.3m) vs 12m ago 2.58% < -2% |
| Gross Margin: 40.81% > 18% (prev 57.15%; Δ -16.34% > 0.5%) |
| Asset Turnover: 40.16% > 50% (prev 41.42%; Δ -1.26% > 0%) |
| Interest Coverage Ratio: 5.48 > 6 (EBIT TTM 414.0m / Interest Expense TTM 75.5m) |
| A: 0.05 (Total Current Assets 574.9m - Total Current Liabilities 410.5m) / Total Assets 3.53b |
| B: 0.54 (Retained Earnings 1.91b / Total Assets 3.53b) |
| C: 0.12 (EBIT TTM 414.0m / Avg Total Assets 3.51b) |
| D: 1.80 (Book Value of Equity 2.27b / Total Liabilities 1.26b) |
| Altman-Z'' = 4.76 = AA |
| DSRI: 1.26 (Receivables 282.0m/229.0m, Revenue 1.41b/1.44b) |
| GMI: 1.40 (GM 57.15% / 40.81%) |
| AQI: 1.56 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 0.98 (Revenue 1.41b / 1.44b) |
| TATA: -0.06 (NI 344.1m - CFO 541.9m) / TA 3.53b) |
| Beneish M = -2.14 (Cap -4..+1) = BB |
As of July 28, 2026, the stock is trading at DKK 196.00 with a total of 185,085 shares traded. Over the past week, the price has changed by +1.82%, over one month by +12.32%, over three months by +2.50% and over the past year by +73.44%.
Current recommended Stop Loss: 177.70 (which is 9.3% or 2.6 ATR below the current price).
TORM has no consensus analysts rating.
Market Cap USD = 3.06b (20.1b DKK * 0.1526 DKK.USD)
P/E Trailing = 8.7774
P/E Forward = 4.4524
P/S = 14.2056
P/B = 1.3176
P/EG = 2.8458
Revenue TTM = 1.41b USD
EBIT TTM = 414.0m USD
EBITDA TTM = 634.3m USD
Long Term Debt = 795.1m USD (from longTermDebt, last quarter)
Short Term Debt = 286.4m USD (from shortTermDebt, last quarter)
Debt = 1.27b USD (from shortLongTermDebtTotal, last quarter) + Leases 186.1m
Net Debt = 1.07b USD (calculated: Debt 1.27b - CCE 196.2m)
Enterprise Value = 4.13b USD (3.06b + Debt 1.27b - CCE 196.2m)
Interest Coverage Ratio = 5.48 (Ebit TTM 414.0m / Interest Expense TTM 75.5m)
EV/FCF = 52.05x (Enterprise Value 4.13b / FCF TTM 79.4m)
FCF Yield = 1.92% (FCF TTM 79.4m / Enterprise Value 4.13b)
FCF Margin = 5.64% (FCF TTM 79.4m / Revenue TTM 1.41b)
Net Margin = 24.43% (Net Income TTM 344.1m / Revenue TTM 1.41b)
Gross Margin = 40.81% ((Revenue TTM 1.41b - Cost of Revenue TTM 833.8m) / Revenue TTM)
Gross Margin QoQ = 39.85% (prev 37.98%)
Tobins Q-Ratio = 1.17 (Enterprise Value 4.13b / Total Assets 3.53b)
Interest Expense / Debt = 5.96% (Interest Expense 75.5m / Debt 1.27b)
Taxrate = 1.51% (5.28m / 349.5m)
NOPAT = 407.7m (EBIT 414.0m * (1 - 1.51%))
Current Ratio = 1.40 (Total Current Assets 574.9m / Total Current Liabilities 410.5m)
Debt / Equity = 0.56 (Debt 1.27b / totalStockholderEquity, last quarter 2.27b)
Debt / EBITDA = 1.69 (Net Debt 1.07b / EBITDA 634.3m)
Debt / FCF = 13.49 (Net Debt 1.07b / FCF TTM 79.4m)
Total Stockholder Equity = 2.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.81% (Net Income 344.1m / Total Assets 3.53b)
RoE = 15.78% (Net Income TTM 344.1m / Total Stockholder Equity 2.18b)
RoCE = 13.91% (EBIT 414.0m / Capital Employed (Equity 2.18b + L.T.Debt 795.1m))
RoIC = 12.23% (NOPAT 407.7m / Invested Capital 3.33b)
WACC = 6.72% (E(3.06b)/V(4.33b) * Re(7.07%) + D(1.27b)/V(4.33b) * Rd(5.96%) * (1-Tc(0.02)))
Discount Rate = 7.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 90.01 | Cagr: 7.60%
[DCF] Terminal Value 73.10% ; FCFF base≈189.0m ; Y1≈165.8m ; Y5≈133.9m
[DCF] Fair Price = 10.54 (EV 2.15b - Net Debt 1.07b = Equity 1.08b / Shares 102.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -94.03 | EPS CAGR: -39.85% | SUE: -0.47 | # QB: 0
Revenue Correlation: -80.87 | Revenue CAGR: -7.74% | SUE: 0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.32 | Chg30d=+59.45% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.46 | Chg30d=+21.01% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=7.37 | Chg30d=+70.10% | Revisions=+50% | GrowthEPS=+169.3% | GrowthRev=+11.8%
EPS next Year (2027-12-31): EPS=3.46 | Chg30d=+68.40% | Revisions=-40% | GrowthEPS=-53.0% | GrowthRev=-28.4%
[Analyst] Revisions Ratio: +10% (up=4, down=3)