(TRMD) Torm - Overview

Exchange: NASDAQ • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: GB00BZ3CNK81

Stock: Oil Transport, Marine Equipment, Tankers

Total Rating 63

Risk 69

Buy Signal -0.52

Oil & Gas Midstream -5.1
Oil & Gas Storage & Transportation -7.7

Market Cap: 3,105m
Avg Trading Vol: 13.9M USD

ATR: 3.48%
Peers RS (IBD): 78.1

Risk 5d forecast
Volatility	38.4%
Relative Tail Risk	-2.63%

Reward TTM
Sharpe Ratio	1.30
Alpha	68.66

Character TTM
Beta	0.561
Beta Downside	1.067

Drawdowns 3y
Max DD	60.59%
CAGR/Max DD	0.22

EPS (Earnings per Share)

EPS CAGR: 1.38%
EPS Trend: -67.1%

Last SUE: -0.22
Qual. Beats: 0

Revenue

Rev. CAGR: 15.11%
Rev. Trend: 2.7%

Last SUE: 3.00
Qual. Beats: 1

Description: TRMD Torm March 05, 2026

TORM plc (TRMD) is a UK-based shipping company operating a fleet of product tankers. The companys primary business, the Tanker segment, involves transporting refined oil products such as gasoline, jet fuel, and naphtha, as well as dirty petroleum products like fuel oil. This segment is central to the global supply chain for petroleum products, moving these commodities from refineries to consumption centers.

TORM also has a Marine Engineering segment focused on developing and producing advanced and environmentally friendly marine equipment. This indicates a strategic interest in sustainable maritime solutions, a growing area within the shipping industry.

Founded in 1889, TORM plc has a long history in maritime operations. Investors interested in the shipping sector may find further detailed analysis on ValueRay beneficial.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 286.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.71 > 1.0
NWC/Revenue: 9.70% < 20% (prev 21.16%; Δ -11.46% < -1%)
CFO/TA 0.15 > 3% & CFO 491.3m > Net Income 286.6m
Net Debt (848.4m) to EBITDA (580.1m): 1.46 < 3
Current Ratio: 1.33 > 1.5 & < 3
Outstanding Shares: last quarter (99.8m) vs 12m ago 2.00% < -2%
Gross Margin: 43.41% > 18% (prev 0.61%; Δ 4280 % > 0.5%)
Asset Turnover: 39.31% > 50% (prev 44.94%; Δ -5.63% > 0%)
Interest Coverage Ratio: 4.89 > 6 (EBITDA TTM 580.1m / Interest Expense TTM 74.7m)

Altman Z'' 4.59

A: 0.04 (Total Current Assets 530.7m - Total Current Liabilities 400.5m) / Total Assets 3.36b
B: 0.53 (Retained Earnings 1.79b / Total Assets 3.36b)
C: 0.11 (EBIT TTM 365.1m / Avg Total Assets 3.41b)
D: 1.80 (Book Value of Equity 2.09b / Total Liabilities 1.16b)
Altman-Z'' Score: 4.59 = AA

Beneish M -2.46

DSRI: 1.32 (Receivables 237.9m/209.1m, Revenue 1.34b/1.56b)
GMI: 1.40 (GM 43.41% / 60.84%)
AQI: 1.17 (AQ_t 0.00 / AQ_t-1 0.00)
SGI: 0.86 (Revenue 1.34b / 1.56b)
TATA: -0.06 (NI 286.6m - CFO 491.3m) / TA 3.36b)
Beneish M-Score: -2.46 (Cap -4..+1) = BBB

What is the price of TRMD shares?

As of March 07, 2026, the stock is trading at USD 28.24 with a total of 1,435,401 shares traded.
Over the past week, the price has changed by -6.27%, over one month by +13.41%, over three months by +33.65% and over the past year by +60.90%.

Is TRMD a buy, sell or hold?

Torm has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy TRMD.

StrongBuy: 2
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the TRMD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	34	20.4%
Analysts Target Price	34	20.4%

TRMD Fundamental Data Overview March 03, 2026

P/E Trailing = 11.0366
P/E Forward = 7.8864
P/S = 2.3177
P/B = 1.4183
Revenue TTM = 1.34b USD
EBIT TTM = 365.1m USD
EBITDA TTM = 580.1m USD
Long Term Debt = 777.5m USD (from longTermDebt, two quarters ago)
Short Term Debt = 288.2m USD (from shortTermDebt, last quarter)
Debt = 1.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 848.4m USD (from netDebt column, last quarter)
Enterprise Value = 3.95b USD (3.10b + Debt 1.01b - CCE 163.1m)
Interest Coverage Ratio = 4.89 (Ebit TTM 365.1m / Interest Expense TTM 74.7m)
EV/FCF = 21.81x (Enterprise Value 3.95b / FCF TTM 181.2m)
FCF Yield = 4.58% (FCF TTM 181.2m / Enterprise Value 3.95b)
FCF Margin = 13.50% (FCF TTM 181.2m / Revenue TTM 1.34b)
Net Margin = 21.35% (Net Income TTM 286.6m / Revenue TTM 1.34b)
Gross Margin = 43.41% ((Revenue TTM 1.34b - Cost of Revenue TTM 759.7m) / Revenue TTM)
Gross Margin QoQ = 37.98% (prev 36.25%)
Tobins Q-Ratio = 1.18 (Enterprise Value 3.95b / Total Assets 3.36b)
Interest Expense / Debt = 1.52% (Interest Expense 15.4m / Debt 1.01b)
Taxrate = 0.91% (805.4k / 88.2m)
NOPAT = 361.8m (EBIT 365.1m * (1 - 0.91%))
Current Ratio = 1.33 (Total Current Assets 530.7m / Total Current Liabilities 400.5m)
Debt / Equity = 0.46 (Debt 1.01b / totalStockholderEquity, last quarter 2.20b)
Debt / EBITDA = 1.46 (Net Debt 848.4m / EBITDA 580.1m)
Debt / FCF = 4.68 (Net Debt 848.4m / FCF TTM 181.2m)
Total Stockholder Equity = 2.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.39% (Net Income 286.6m / Total Assets 3.36b)
RoE = 13.34% (Net Income TTM 286.6m / Total Stockholder Equity 2.15b)
RoCE = 12.48% (EBIT 365.1m / Capital Employed (Equity 2.15b + L.T.Debt 777.5m))
RoIC = 11.29% (NOPAT 361.8m / Invested Capital 3.20b)
WACC = 6.39% (E(3.10b)/V(4.12b) * Re(7.98%) + D(1.01b)/V(4.12b) * Rd(1.52%) * (1-Tc(0.01)))
Discount Rate = 7.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.80%
[DCF] Terminal Value 81.31% ; FCFF base≈207.3m ; Y1≈164.3m ; Y5≈109.2m
[DCF] Fair Price = 20.30 (EV 2.91b - Net Debt 848.4m = Equity 2.06b / Shares 101.3m; r=6.39% [WACC]; 5y FCF grow -24.79% → 2.90% )
EPS Correlation: -67.07 | EPS CAGR: 1.38% | SUE: -0.22 | # QB: 0
Revenue Correlation: 2.70 | Revenue CAGR: 15.11% | SUE: 3.00 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.88 | Chg7d=+0.880 | Chg30d=+0.620 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=3.58 | Chg7d=+0.240 | Chg30d=+1.815 | Revisions Net=+0 | Growth EPS=+30.8% | Growth Revenue=-19.2%
EPS next Year (2027-12-31): EPS=1.92 | Chg7d=-0.170 | Chg30d=+1.920 | Revisions Net=+0 | Growth EPS=-46.4% | Growth Revenue=-4.6%

Additional Sources for TRMD Stock

Fund Manager Positions: Dataroma | Stockcircle