Benign Growth For TORM plc (CPH:TRMD A) Underpins Its Share Price
Jun 11
Danish (OMX) Energy Sector Analysis
UpdatedJun 30, 2024
DataAggregated Company Financials
Companies1
- 7D7.9%
- 3M16.1%
- 1Y65.7%
- YTD27.9%
The Energy industry is up 7.9% in the last week, with TORM up 7.9%. This takes the industry's 12 month performance to a gain of 66%. In the next few years, earnings are forecast to decline by 21% annually.
Sector Valuation and Performance
Has the Danish Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 30 Jun 2024 | DKK 25.6b | DKK 11.0b | DKK 4.9b | 5.2x | 5.2x | 2.3x |
| Tue, 28 May 2024 | DKK 24.9b | DKK 10.8b | DKK 4.8b | 5.1x | 5.1x | 2.3x |
| Thu, 25 Apr 2024 | DKK 21.9b | DKK 10.6b | DKK 4.5b | 4.9x | 4.9x | 2.1x |
| Sat, 23 Mar 2024 | DKK 21.5b | DKK 10.5b | DKK 4.5b | 4.8x | 4.8x | 2x |
| Mon, 19 Feb 2024 | DKK 21.6b | DKK 10.9b | DKK 4.8b | 4.5x | 4.5x | 2x |
| Wed, 17 Jan 2024 | DKK 35.4b | DKK 19.7b | DKK 5.4b | 13.6x | 6.5x | 1.8x |
| Fri, 15 Dec 2023 | DKK 31.0b | DKK 19.5b | DKK 5.4b | 13.1x | 5.8x | 1.6x |
| Sun, 12 Nov 2023 | DKK 33.2b | DKK 19.9b | DKK 5.5b | 13.3x | 6x | 1.7x |
| Tue, 10 Oct 2023 | DKK 31.5b | DKK 20.6b | DKK 6.2b | 12.9x | 5.1x | 1.5x |
| Thu, 07 Sep 2023 | DKK 29.6b | DKK 20.5b | DKK 6.1b | 12.8x | 4.8x | 1.4x |
| Sat, 05 Aug 2023 | DKK 30.1b | DKK 19.8b | DKK 5.4b | 13x | 5.5x | 1.5x |
| Mon, 03 Jul 2023 | DKK 29.3b | DKK 19.9b | DKK 5.5b | 12.9x | 5.3x | 1.5x |
| Wed, 31 May 2023 | DKK 30.3b | DKK 20.1b | DKK 5.6b | 13x | 5.4x | 1.5x |
| Fri, 28 Apr 2023 | DKK 33.0b | DKK 18.6b | DKK 4.5b | 13.8x | 7.4x | 1.8x |
| Sun, 26 Mar 2023 | DKK 34.2b | DKK 18.8b | DKK 4.6b | 13.9x | 7.5x | 1.8x |
| Tue, 21 Feb 2023 | DKK 33.7b | DKK 17.1b | DKK 2.9b | 15.5x | 11.5x | 2x |
| Thu, 19 Jan 2023 | DKK 31.1b | DKK 17.0b | DKK 2.9b | 15x | 10.7x | 1.8x |
| Sat, 17 Dec 2022 | DKK 32.9b | DKK 17.1b | DKK 3.0b | 15.3x | 11.1x | 1.9x |
| Mon, 14 Nov 2022 | DKK 31.6b | DKK 17.4b | DKK 3.0b | 14.9x | 10.5x | 1.8x |
| Wed, 12 Oct 2022 | DKK 27.6b | DKK 15.7b | DKK 1.4b | 19.9x | 19.8x | 1.8x |
| Fri, 09 Sep 2022 | DKK 26.8b | DKK 15.5b | DKK 1.4b | 19.5x | 19.5x | 1.7x |
| Sun, 07 Aug 2022 | DKK 24.7b | DKK 14.5b | DKK 2.1b | 6.8x | 12x | 1.7x |
| Tue, 05 Jul 2022 | DKK 19.7b | DKK 14.1b | DKK 2.0b | 5.8x | 9.8x | 1.4x |
| Thu, 02 Jun 2022 | DKK 25.3b | DKK 13.8b | DKK 2.0b | 8.5x | 12.9x | 1.8x |
| Sat, 30 Apr 2022 | DKK 20.3b | DKK 13.3b | DKK 1.8b | 7.1x | 11.5x | 1.5x |
| Mon, 28 Mar 2022 | DKK 20.4b | DKK 12.8b | DKK 1.7b | 7.9x | 12.1x | 1.6x |
| Wed, 23 Feb 2022 | DKK 15.1b | DKK 11.9b | DKK 1.4b | 5.8x | 10.6x | 1.3x |
| Fri, 21 Jan 2022 | DKK 14.8b | DKK 11.7b | -DKK 452,252,434.00 | 332.1x | -32.8x | 1.3x |
| Sun, 19 Dec 2021 | DKK 14.0b | DKK 11.0b | -DKK 1,080,680,673.00 | n/a | -13x | 1.3x |
| Tue, 16 Nov 2021 | DKK 15.4b | DKK 10.9b | -DKK 1,067,092,884.00 | n/a | -14.4x | 1.4x |
| Thu, 14 Oct 2021 | DKK 14.2b | DKK 10.8b | -DKK 955,485,245.00 | n/a | -14.8x | 1.3x |
| Sat, 11 Sep 2021 | DKK 13.7b | DKK 10.5b | -DKK 931,854,127.28 | n/a | -14.7x | 1.3x |
| Mon, 09 Aug 2021 | DKK 14.1b | DKK 10.5b | -DKK 931,854,127.28 | n/a | -15.1x | 1.3x |
Price to Earnings Ratio
-16.3x
Current Industry PE
- There is only one company in the Danish Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Energy industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Danish Energy sector?
| DK Market | 0.87% | |
| Energy | 7.85% | |
| Oil and Gas | 7.85% | |
| Energy Services | 0% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 20.7%, which is worse than the prior year's decline of 0.2%.
- Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Oil and Gas industry since they expect its earnings to decline by only 21% per year over the next 5 years, which isn't as bad as the other industries.
- This is even lower than its past earnings decline of 0.2% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings decline by 21% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TRMD A TORM | DKK 272.00 | 7.9% +DKK 1.9b | 65.7% | PE5.2x |