TORM plc

LSE:0RG4 Stock Report

Market Cap: DKK 14.4b

TORM Valuation

Is 0RG4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0RG4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
DKK 207.48
Fair Value
29.6% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: 0RG4 (DKK146.1) is trading below our estimate of fair value (DKK207.48)

Significantly Below Fair Value: 0RG4 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0RG4?

Key metric: As 0RG4 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0RG4. This is calculated by dividing 0RG4's market cap by their current earnings.
What is 0RG4's PE Ratio?
PE Ratio6.9x
EarningsUS$329.10m
Market CapUS$2.29b

Price to Earnings Ratio vs Peers

How does 0RG4's PE Ratio compare to its peers?

The above table shows the PE ratio for 0RG4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.4x
NWF NWF Group
13.8x12.03%UK£85.8m
SEPL Seplat Energy
15.7x12.13%UK£1.6b
ENOG Energean
16.1x39.09%UK£1.6b
HSP Hargreaves Services
16.1x9.56%UK£237.4m
0RG4 TORM
6.9x-12.45%DKK 14.4b

Price-To-Earnings vs Peers: 0RG4 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (15.4x).

Price to Earnings Ratio vs Industry

How does 0RG4's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
SYN Synergia Energy
0.7xn/aUS$4.46m
No more companies available in this PE range
0RG4 6.9xIndustry Avg. 11.6xNo. of Companies5PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0RG4 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the UK Oil and Gas industry average (11.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0RG4'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.

0RG4 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio9.5x

Price-To-Earnings vs Fair Ratio: 0RG4 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (9.5x).

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 0RG4 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 146.10
DKK 140.62
-3.75%
3.89%DKK 146.09DKK 135.15n/a2
Sep ’26DKK 136.55
DKK 140.80
+3.11%
3.91%DKK 146.31DKK 135.29n/a2
Jul ’26DKK 104.35
DKK 137.96
+32.21%
5.52%DKK 145.58DKK 130.35n/a2
Jun ’26DKK 110.15
DKK 141.38
+28.35%
3.40%DKK 146.18DKK 136.58n/a2
May ’26DKK 109.96
DKK 136.83
+24.44%
5.85%DKK 144.84DKK 128.83n/a2
Apr ’26DKK 113.10
DKK 136.83
+20.99%
5.85%DKK 144.84DKK 128.83n/a2
Mar ’26DKK 127.33
DKK 166.84
+31.03%
1.93%DKK 170.06DKK 163.61n/a2
Feb ’26DKK 143.40
DKK 222.20
+54.95%
18.22%DKK 278.57DKK 185.32n/a3
Jan ’26DKK 138.40
DKK 238.87
+72.59%
18.67%DKK 292.92DKK 186.50n/a4
Dec ’25DKK 148.80
DKK 225.97
+51.86%
20.45%DKK 290.52DKK 184.87n/a3
Nov ’25DKK 182.04
DKK 247.81
+36.13%
13.24%DKK 292.37DKK 214.36n/a3
Oct ’25DKK 218.60
DKK 267.66
+22.44%
8.35%DKK 284.24DKK 236.06n/a3
Sep ’25DKK 245.00
DKK 287.95
+17.53%
2.40%DKK 297.33DKK 280.90DKK 136.553
Aug ’25DKK 264.96
DKK 286.32
+8.06%
1.04%DKK 290.38DKK 283.28DKK 118.333
Jul ’25DKK 268.16
DKK 290.41
+8.30%
0.36%DKK 291.27DKK 288.94DKK 104.353
Jun ’25DKK 254.62
DKK 283.79
+11.46%
1.83%DKK 289.91DKK 277.19DKK 110.153
May ’25DKK 237.00
DKK 283.07
+19.44%
1.98%DKK 290.53DKK 277.00DKK 109.963
Apr ’25DKK 233.21
DKK 278.54
+19.44%
2.92%DKK 290.03DKK 272.57DKK 113.103
Mar ’25DKK 230.96
DKK 267.75
+15.93%
2.08%DKK 275.20DKK 260.12DKK 127.334
Feb ’25DKK 249.65
DKK 261.88
+4.90%
0.86%DKK 265.06DKK 260.16DKK 143.403
Jan ’25DKK 203.00
DKK 264.56
+30.33%
1.45%DKK 269.36DKK 259.96DKK 138.403
Dec ’24DKK 196.32
DKK 264.56
+34.76%
1.45%DKK 269.36DKK 259.96DKK 148.803
Nov ’24DKK 218.47
DKK 253.19
+15.89%
4.00%DKK 264.23DKK 239.77DKK 182.043
Oct ’24DKK 193.42
DKK 247.87
+28.15%
1.75%DKK 252.21DKK 243.53DKK 218.602
Sep ’24DKK 173.70
DKK 240.93
+38.70%
1.14%DKK 244.81DKK 238.82DKK 245.003
AnalystPriceTarget
Consensus Narrative from 2 Analysts
DKK 139.86
Fair Value
4.5% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/17 16:21
End of Day Share Price 2025/09/16 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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 10 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
Håvard LieDanske Bank