Modern VLCC Fleet Renewal Will Capture Premium Charter Rates

Published
12 Sep 24
Updated
14 Aug 25
AnalystConsensusTarget's Fair Value
US$14.23
24.7% undervalued intrinsic discount
14 Aug
US$10.72
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1Y
-3.5%
7D
-4.7%

Author's Valuation

US$14.2

24.7% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on30 Apr 25
Fair value Increased 6.78%

Shared on23 Apr 25
Fair value Decreased 1.04%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 0.44%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 1.96%

AnalystConsensusTarget has decreased revenue growth from 4.1% to 3.0% and decreased discount rate from 7.7% to 6.9%.

Shared on02 Apr 25
Fair value Decreased 1.57%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 1.30%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 1.07%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on11 Mar 25
Fair value Decreased 1.13%

AnalystConsensusTarget has increased revenue growth from -6.3% to 4.1%, decreased future PE multiple from 9.8x to 7.7x, increased discount rate from 6.5% to 7.6% and decreased shares outstanding growth rate from -0.0% to -0.0%.