TORM plc

CPSE:TRMD A Stock Report

Market Cap: DKK 14.8b

TORM Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 TRMD A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DKK 175.75
Fair Value
14.7% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: TRMD A (DKK150) is trading below our estimate of fair value (DKK175.75)

Significantly Below Fair Value: TRMD A is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TRMD A. This is calculated by dividing TRMD A's market cap by their current earnings.
What is TRMD A's PE Ratio?
PE Ratio8.2x
EarningsUS$276.20m
Market CapUS$2.29b

Price to Earnings Ratio vs Peers

How does TRMD A's PE Ratio compare to its peers?

The above table shows the PE ratio for TRMD A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.2x
601975 Nanjing Tanker
13x10.24%CN¥15.7b
ASCO Asyad Shipping Company SAOG
26.4x12.06%ر.ع895.9m
DKL Delek Logistics Partners
14.7x19.09%US$2.4b
TNK Teekay Tankers
6.8x-8.41%US$2.1b
TRMD A TORM
8.3x-35.68%DKK 14.7b

Price-To-Earnings vs Peers: TRMD A is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (15.2x).

Price to Earnings Ratio vs Industry

How does TRMD A's PE Ratio compare vs other companies in the European Oil and Gas Industry?

13 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TRMD A 8.2xIndustry Avg. 13.3xNo. of Companies13PE0816243240+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TRMD A is good value based on its Price-To-Earnings Ratio (8.3x) compared to the European Oil and Gas industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is TRMD A'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.

TRMD A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TRMD A'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 TRMD A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 150.00
DKK 141.45
-5.70%
3.29%DKK 146.11DKK 136.80n/a2
Nov ’26DKK 139.75
DKK 140.70
+0.68%
3.85%DKK 146.11DKK 135.29n/a2
Oct ’26DKK 135.45
DKK 140.72
+3.89%
3.95%DKK 146.28DKK 135.15n/a2
Sep ’26DKK 135.85
DKK 140.80
+3.64%
3.91%DKK 146.31DKK 135.29n/a2
Jul ’26DKK 104.60
DKK 137.96
+31.89%
5.52%DKK 145.58DKK 130.35n/a2
Jun ’26DKK 109.90
DKK 141.38
+28.64%
3.40%DKK 146.18DKK 136.58n/a2
May ’26DKK 110.25
DKK 136.83
+24.11%
5.85%DKK 144.84DKK 128.83n/a2
Apr ’26DKK 112.90
DKK 136.83
+21.20%
5.85%DKK 144.84DKK 128.83n/a2
Mar ’26DKK 127.90
DKK 166.84
+30.44%
1.93%DKK 170.06DKK 163.61n/a2
Feb ’26DKK 143.30
DKK 222.20
+55.06%
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 148.70
DKK 225.97
+51.97%
20.45%DKK 290.52DKK 184.87n/a3
Nov ’25DKK 179.00
DKK 247.81
+38.44%
13.24%DKK 292.37DKK 214.36DKK 139.753
Oct ’25DKK 218.60
DKK 267.66
+22.44%
8.35%DKK 284.24DKK 236.06DKK 135.453
Sep ’25DKK 247.20
DKK 287.95
+16.48%
2.40%DKK 297.33DKK 280.90DKK 135.853
Aug ’25DKK 263.20
DKK 286.32
+8.79%
1.04%DKK 290.38DKK 283.28DKK 118.153
Jul ’25DKK 265.80
DKK 290.41
+9.26%
0.36%DKK 291.27DKK 288.94DKK 104.603
Jun ’25DKK 254.60
DKK 283.79
+11.47%
1.83%DKK 289.91DKK 277.19DKK 109.903
May ’25DKK 235.80
DKK 283.07
+20.05%
1.98%DKK 290.53DKK 277.00DKK 110.253
Apr ’25DKK 234.20
DKK 278.54
+18.93%
2.92%DKK 290.03DKK 272.57DKK 112.903
Mar ’25DKK 233.20
DKK 267.75
+14.82%
2.08%DKK 275.20DKK 260.12DKK 127.904
Feb ’25DKK 249.60
DKK 261.88
+4.92%
0.86%DKK 265.06DKK 260.16DKK 143.303
Jan ’25DKK 204.20
DKK 264.56
+29.56%
1.45%DKK 269.36DKK 259.96DKK 138.403
Dec ’24DKK 199.00
DKK 264.56
+32.95%
1.45%DKK 269.36DKK 259.96DKK 148.703
Nov ’24DKK 221.80
DKK 253.19
+14.15%
4.00%DKK 264.23DKK 239.77DKK 179.003
DKK 141.45
Fair Value
6.0% 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 Analysis2025/11/11 18:22
End of Day Share Price 2025/11/11 00:00
Earnings2025/09/30
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 8 analysts. 4 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