TORM plc

BATS-CHIXE:TRMDAC Stock Report

Market Cap: DKK 18.9b

TORM Valuation

Is TRMDAC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of TRMDAC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: TRMDAC (DKK184.5) is trading below our estimate of future cash flow value (DKK340.51)

Significantly Below Future Cash Flow Value: TRMDAC is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TRMDAC?

Key metric: As TRMDAC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TRMDAC. This is calculated by dividing TRMDAC's market cap by their current earnings.
What is TRMDAC's PE Ratio?
PE Ratio8.3x
EarningsUS$345.40m
Market CapUS$2.88b

Price to Earnings Ratio vs Peers

How does TRMDAC's PE Ratio compare to its peers?

The above table shows the PE ratio for TRMDAC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
NWF NWF Group
13.2x15.94%UK£69.9m
ITH Ithaca Energy
20.4x11.67%UK£3.7b
DCC DCC
19.5x11.18%UK£5.3b
SEPL Seplat Energy
23.8x11.22%UK£3.1b
TRMDAC TORM
8.3x-36.45%DKK 18.9b

Price-To-Earnings vs Peers: TRMDAC is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (19.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does TRMDAC's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
HUR Hurricane Energy
1.8xn/aUS$194.90m
SAVE Savannah Energy
1.3xn/aUS$149.00m
COR Corpus Resources
0.3xn/aUS$1.19m
No more companies available in this PE range
No. of Companies4PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TRMDAC is good value based on its Price-To-Earnings Ratio (8.3x) compared to the European Oil and Gas industry average (15.3x).

Price to Earnings Ratio vs Fair Ratio

What is TRMDAC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TRMDAC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TRMDAC's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TRMDAC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 184.50
DKK 215.18
+16.63%
19.81%DKK 259.19DKK 140.89n/a5
Jul ’27DKK 170.20
DKK 212.48
+24.84%
19.57%DKK 254.82DKK 138.51n/a5
Jun ’27DKK 178.10
DKK 212.50
+19.31%
19.57%DKK 254.82DKK 138.51n/a5
May ’27DKK 204.20
DKK 170.70
-16.40%
22.11%DKK 211.31DKK 109.91n/a4
Apr ’27DKK 180.75
DKK 173.53
-3.99%
22.25%DKK 216.13DKK 112.41n/a4
Mar ’27DKK 185.65
DKK 163.48
-11.94%
25.38%DKK 209.60DKK 109.02n/a3
Feb ’27DKK 154.45
DKK 139.29
-9.81%
27.35%DKK 171.16DKK 85.75n/a3
Jan ’27DKK 126.28
DKK 168.41
+33.37%
2.17%DKK 172.06DKK 164.76n/a2
Dec ’26DKK 135.85
DKK 169.57
+24.82%
1.37%DKK 171.90DKK 167.25n/a2
Nov ’26n/a
DKK 140.69
0%
3.85%DKK 146.11DKK 135.27n/a2
Oct ’26n/a
DKK 140.71
0%
3.96%DKK 146.28DKK 135.14n/a2
Sep ’26n/a
DKK 140.79
0%
3.92%DKK 146.31DKK 135.27n/a2
Jul ’26DKK 111.65
DKK 137.96
+23.57%
5.52%DKK 145.58DKK 130.35DKK 170.202
Jun ’26DKK 116.60
DKK 141.38
+21.25%
3.40%DKK 146.18DKK 136.58DKK 178.102
May ’26n/a
DKK 136.83
0%
5.85%DKK 144.84DKK 128.83DKK 204.202
Apr ’26n/a
DKK 136.83
0%
5.85%DKK 144.84DKK 128.83DKK 180.752
Mar ’26DKK 127.30
DKK 166.84
+31.06%
1.93%DKK 170.06DKK 163.61DKK 185.652
Feb ’26DKK 140.30
DKK 222.20
+58.37%
18.22%DKK 278.57DKK 185.32DKK 154.453
Jan ’26n/a
DKK 225.84
0%
20.43%DKK 290.30DKK 184.83DKK 126.283
Dec ’25DKK 150.60
DKK 225.97
+50.05%
20.45%DKK 290.52DKK 184.87DKK 135.853
Nov ’25DKK 178.65
DKK 247.81
+38.71%
13.24%DKK 292.37DKK 214.36n/a3
Oct ’25DKK 217.40
DKK 267.66
+23.12%
8.35%DKK 284.24DKK 236.06n/a3
Sep ’25DKK 243.20
DKK 287.95
+18.40%
2.40%DKK 297.33DKK 280.90n/a3
Aug ’25DKK 263.60
DKK 286.32
+8.62%
1.04%DKK 290.38DKK 283.28DKK 122.703
Jul ’25n/a
DKK 290.41
0%
0.36%DKK 291.27DKK 288.94DKK 111.653
DKK 215.06
Fair Value
14.2% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 10:11
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TORM plc is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Marcus BellanderCarnegie Investment Bank AB
Bendik NyttingnesDanske Bank