| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
DHT N Stock Overview
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway.
DHT Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$110.38 |
| 52 Week High | US$131.00 |
| 52 Week Low | US$102.62 |
| Beta | -0.42 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | -6.09% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -27.86% |
Recent News & Updates
Shareholder Returns
| DHT N | MX Oil and Gas | MX Market | |
|---|---|---|---|
| 7D | 0% | -2.1% | -2.1% |
| 1Y | -6.1% | 23.7% | 11.7% |
Return vs Industry: DHT N underperformed the MX Oil and Gas industry which returned 26.3% over the past year.
Return vs Market: DHT N underperformed the MX Market which returned 12.2% over the past year.
Price Volatility
| DHT N volatility | |
|---|---|
| DHT N Average Weekly Movement | n/a |
| Oil and Gas Industry Average Movement | 6.6% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in MX Market | 7.2% |
| 10% least volatile stocks in MX Market | 2.4% |
Stable Share Price: Insufficient data to determine DHT N's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine DHT N's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 18 | Arnet Harfjeld | https://www.dhtankers.com |
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.
DHT Holdings Fundamentals Summary
| DHT N fundamental statistics | |
|---|---|
| Market Cap | US$1.01b |
| Earnings (TTM) | -US$11.52m |
| Revenue (TTM) | US$295.85m |
3.3x
P/S Ratio-85.2x
P/E RatioIs DHT N overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DHT N income statement (TTM) | |
|---|---|
| Revenue | US$295.85m |
| Cost of Revenue | US$170.21m |
| Gross Profit | US$125.64m |
| Other Expenses | US$137.16m |
| Earnings | -US$11.52m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.069 |
| Gross Margin | 42.47% |
| Net Profit Margin | -3.89% |
| Debt/Equity Ratio | 50.9% |
How did DHT N perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield-147%
Payout RatioValuation
Is DHT Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DHT N (MX$110.38) is trading below our estimate of fair value (MX$252.87)
Significantly Below Fair Value: DHT N is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DHT N is unprofitable, so we can't compare its PE Ratio to the South American Oil and Gas industry average.
PE vs Market: DHT N is unprofitable, so we can't compare its PE Ratio to the MX market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DHT N's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DHT N is good value based on its PB Ratio (0.9x) compared to the XS Oil and Gas industry average (1.4x).
Future Growth
How is DHT Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
131.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DHT N is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.1%).
Earnings vs Market: DHT N is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DHT N's is expected to become profitable in the next 3 years.
Revenue vs Market: DHT N's revenue (9.8% per year) is forecast to grow faster than the MX market (6.5% per year).
High Growth Revenue: DHT N's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DHT N's Return on Equity is forecast to be low in 3 years time (15.3%).
Past Performance
How has DHT Holdings performed over the past 5 years?
48.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DHT N is currently unprofitable.
Growing Profit Margin: DHT N is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DHT N is unprofitable, but has reduced losses over the past 5 years at a rate of 48.4% per year.
Accelerating Growth: Unable to compare DHT N's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DHT N is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (577.9%).
Return on Equity
High ROE: DHT N has a negative Return on Equity (-1.1%), as it is currently unprofitable.
Financial Health
How is DHT Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DHT N's short term assets ($132.0M) exceed its short term liabilities ($41.9M).
Long Term Liabilities: DHT N's short term assets ($132.0M) do not cover its long term liabilities ($520.1M).
Debt to Equity History and Analysis
Debt Level: DHT N's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: DHT N's debt to equity ratio has reduced from 102.7% to 50.9% over the past 5 years.
Debt Coverage: DHT N's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: Insufficient data to determine if DHT N's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is DHT Holdings's current dividend yield, its reliability and sustainability?
1.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DHT N's dividend (1.7%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (1.75%).
High Dividend: DHT N's dividend (1.7%) is low compared to the top 25% of dividend payers in the MX market (5.37%).
Stability and Growth of Payments
Stable Dividend: DHT N's dividend payments have been volatile in the past 10 years.
Growing Dividend: DHT N's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: DHT N is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: DHT N is paying a dividend but the company has no free cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average board tenure
CEO
Arnet Harfjeld (57 yo)
no data
Tenure
US$1,933,245
Compensation
Mr. Svein Moxnes Harfjeld, also known as Arnet serves as Chief Executive Officer of DHT Holdings, Inc. since April 08, 2022. He had been Co-Chief Executive Officer of DHT Holdings, Inc. since June 23, 2014...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Arnet's total compensation is reasonable compared to companies of similar size in the MX market.
Compensation vs Earnings: Arnet's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: DHT N's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
DHT Holdings, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: DHT Holdings, Inc.
- Ticker: DHT N
- Exchange: BMV
- Founded: 2005
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: US$1.006b
- Listing Market Cap: US$20.464b
- Shares outstanding: 166.64m
- Website: https://www.dhtankers.com
Number of Employees
Location
- DHT Holdings, Inc.
- Clarendon House
- 2 Church Street
- Hamilton
- HM 11
- Bermuda
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/04/22 00:00 |
| End of Day Share Price | 2022/03/14 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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 here.