DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway.
+ 1 more risk
Good value average dividend payer.
Share Price & News
How has DHT Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DHT's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: DHT exceeded the US Oil and Gas industry which returned -36% over the past year.
Return vs Market: DHT underperformed the US Market which returned 15.9% over the past year.
Price Volatility Vs. Market
How volatile is DHT Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Can The Trends At DHT Holdings (NYSE:DHT) Tell Us About Their Returns?
1 month ago | Simply Wall StDHT Holdings (NYSE:DHT) Takes On Some Risk With Its Use Of Debt
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most DHT Holdings, Inc. (NYSE:DHT) Stock?
Is DHT Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DHT ($5.64) is trading below our estimate of fair value ($11.09)
Significantly Below Fair Value: DHT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DHT is good value based on its PE Ratio (6.4x) compared to the US Oil and Gas industry average (9.9x).
PE vs Market: DHT is good value based on its PE Ratio (6.4x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: DHT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DHT is overvalued based on its PB Ratio (0.9x) compared to the US Oil and Gas industry average (0.7x).
How is DHT Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DHT's earnings are forecast to decline over the next 3 years (-27.3% per year).
Earnings vs Market: DHT's earnings are forecast to decline over the next 3 years (-27.3% per year).
High Growth Earnings: DHT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DHT's revenue is expected to decline over the next 3 years (-21% per year).
High Growth Revenue: DHT's revenue is forecast to decline over the next 3 years (-21% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DHT's Return on Equity is forecast to be low in 3 years time (5.4%).
How has DHT Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DHT has high quality earnings.
Growing Profit Margin: DHT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DHT's earnings have declined by 27.1% per year over the past 5 years.
Accelerating Growth: DHT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DHT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-24.7%).
Return on Equity
High ROE: DHT's Return on Equity (13.4%) is considered low.
How is DHT Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DHT's short term assets ($206.8M) exceed its short term liabilities ($131.3M).
Long Term Liabilities: DHT's short term assets ($206.8M) do not cover its long term liabilities ($700.2M).
Debt to Equity History and Analysis
Debt Level: DHT's debt to equity ratio (84.4%) is considered high.
Reducing Debt: DHT's debt to equity ratio has reduced from 95.3% to 84.4% over the past 5 years.
Debt Coverage: DHT's debt is well covered by operating cash flow (30.9%).
Interest Coverage: DHT's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is DHT Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DHT's dividend (8.33%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: DHT's dividend (8.33%) is in the top 25% of dividend payers in the US market (4.54%)
Stability and Growth of Payments
Stable Dividend: DHT's dividend payments have been volatile in the past 10 years.
Growing Dividend: DHT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.5%), DHT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DHT's dividends in 3 years are forecast to be covered by earnings (67.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Trygve Munthe (58 yo)
Mr. Trygve Preben Munthe has been Co-Chief Executive Officer of DHT Holdings, Inc. since June 23, 2014 and served as its President since September 1, 2010. Mr. Munthe served as Chief Operating Officer of D ...
CEO Compensation Analysis
Compensation vs Market: Trygve's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD3.14M).
Compensation vs Earnings: Trygve's compensation has been consistent with company performance over the past year.
|Co-Chief Executive Officer||6.17yrs||US$1.93m||0.76% |
|Co-Chief Executive Officer||6.17yrs||US$1.93m||0.76% |
|Chief Financial Officer||2.17yrs||no data||0.0095% |
|Director of Chartering & Operations||no data||no data||no data|
|Technical Director||9.67yrs||US$2.24m||no data|
|Manager of Investor Relations & Business Analysis||no data||no data||no data|
|Managing Director of Puglisi & Associates||no data||no data||no data|
Experienced Management: DHT's management team is seasoned and experienced (6.2 years average tenure).
|Independent Director||4.92yrs||no data||0.11% |
|Independent Chairman||no data||no data||0.16% |
|Independent Director||3.17yrs||no data||0.073% |
|Independent Director||10.42yrs||no data||0.14% |
|Director||2.75yrs||no data||no data|
Experienced Board: DHT's board of directors are considered experienced (4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.
DHT Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: DHT Holdings, Inc.
- Ticker: DHT
- Exchange: NYSE
- Founded: 2005
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$829.980m
- Shares outstanding: 147.42m
- Website: https://www.dhtankers.com
Number of Employees
- DHT Holdings, Inc.
- Clarendon House
- 2 Church Street
- HM 11
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DHT||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Oct 2005|
|D8EN||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2005|
|DHT N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Oct 2005|
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. As of March 19, 2020, it had a fleet of 27 very large crude carriers with ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/05 00:33|
|End of Day Share Price||2020/08/04 00:00|
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.