(TRMD) Torm - Ratings and Ratios
Tanker Transport, Marine Engineering
TRMD EPS (Earnings per Share)
TRMD Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 35.9% |
| Value at Risk 5%th | 58.8% |
| Relative Tail Risk | -0.31% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.33 |
| Alpha | 4.02 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.474 |
| Beta | 0.545 |
| Beta Downside | 0.807 |
| Drawdowns 3y | |
|---|---|
| Max DD | 60.59% |
| Mean DD | 22.74% |
| Median DD | 18.12% |
Description: TRMD Torm November 13, 2025
TORM plc (NASDAQ: TRMD) is a UK-based shipping group that owns and operates a fleet of product tankers, primarily transporting refined petroleum products (e.g., gasoline, jet fuel, kerosene) and “dirty” fuels such as fuel oil. The company reports under two segments: Tanker, which handles the core shipping activities, and Marine Engineering, which designs and builds advanced, low-emission marine equipment. Founded in 1889, TORM is listed as a common stock and falls within the GICS sub-industry Oil & Gas Storage & Transportation.
As of the latest quarterly filing (Q3 2024), TORM’s fleet comprises roughly 70 vessels with an average deadweight tonnage of 30 kt, yielding a fleet-wide utilization rate of about 92 %-well above the 2023 industry average of 86 % (source: Clarkson Research). The company reported an adjusted EBITDA of $210 million for the quarter, driven by a 15 % YoY increase in the Baltic Dirty Tanker Index (BDTI) spot rates, which have been supported by tighter global refined-product supply chains.
Key economic drivers for TORM include: (1) global refined-product demand, which is projected to grow 2–3 % annually through 2027 as emerging-market consumption rebounds; (2) regulatory pressure from IMO 2020 and the upcoming IMO 2030 carbon-intensity targets, prompting higher freight premiums for vessels equipped with scrubbers or alternative fuels; and (3) seasonal demand spikes in the Northern Hemisphere, especially during summer driving-season peaks for gasoline and jet fuel.
Sector-wide, the shift toward greener shipping is accelerating investment in low-sulphur fuels and hybrid propulsion systems. TORM’s Marine Engineering arm is positioned to capture part of this trend, having secured contracts to retrofit older tankers with exhaust-gas cleaning systems that can reduce CO₂ emissions by up to 15 % per vessel.
For a deeper dive into TORM’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent, data-rich view worth exploring.
TRMD Stock Overview
| Market Cap in USD | 2,308m |
| Sub-Industry | Oil & Gas Storage & Transportation |
| IPO / Inception | 2018-02-23 |
| Return 12m vs S&P 500 | -3.83% |
| Analyst Rating | 5.0 of 5 |
TRMD Dividends
| Dividend Yield | 11.29% |
| Yield on Cost 5y | 62.05% |
| Yield CAGR 5y | 53.70% |
| Payout Consistency | 64.1% |
| Payout Ratio | 74.9% |
TRMD Growth Ratios
| CAGR 3y | 10.32% |
| CAGR/Max DD Calmar Ratio | 0.17 |
| CAGR/Mean DD Pain Ratio | 0.45 |
| Current Volume | 683.2k |
| Average Volume | 460.3k |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (276.9m TTM) > 0 and > 6% of Revenue (6% = 77.6m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA -1.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 23.02% (prev 25.21%; Δ -2.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 479.4m > Net Income 276.9m (YES >=105%, WARN >=100%) |
| Net Debt (677.1m) to EBITDA (567.8m) ratio: 1.19 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.37 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (100.8m) change vs 12m ago 3.92% (target <= -2.0% for YES) |
| Gross Margin 47.24% (prev 61.76%; Δ -14.53pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 39.18% (prev 48.08%; Δ -8.90pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.61 (EBITDA TTM 567.8m / Interest Expense TTM 77.3m) >= 6 (WARN >= 3) |
Altman Z'' 5.14
| (A) 0.09 = (Total Current Assets 515.7m - Total Current Liabilities 218.1m) / Total Assets 3.19b |
| (B) 0.53 = Retained Earnings (Balance) 1.69b / Total Assets 3.19b |
| (C) 0.11 = EBIT TTM 356.6m / Avg Total Assets 3.30b |
| (D) 1.97 = Book Value of Equity 2.05b / Total Liabilities 1.04b |
| Total Rating: 5.14 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 59.98
| 1. Piotroski 5.0pt = 0.0 |
| 2. FCF Yield 8.11% = 4.05 |
| 3. FCF Margin 18.72% = 4.68 |
| 4. Debt/Equity 0.42 = 2.41 |
| 5. Debt/Ebitda 1.19 = 1.48 |
| 6. ROIC - WACC (= 4.18)% = 5.22 |
| 7. RoE 13.08% = 1.09 |
| 8. Rev. Trend -66.47% = -4.99 |
| 9. EPS Trend -79.49% = -3.97 |
What is the price of TRMD shares?
Over the past week, the price has changed by -1.96%, over one month by +12.62%, over three months by +15.12% and over the past year by +11.20%.
Is Torm a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TRMD is around 26.19 USD . This means that TRMD is currently undervalued and has a potential upside of +13.77% (Margin of Safety).
Is TRMD a buy, sell or hold?
- Strong Buy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the TRMD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 25.3 | 9.8% |
| Analysts Target Price | 25.3 | 9.8% |
| ValueRay Target Price | 28.7 | 24.6% |
TRMD Fundamental Data Overview November 16, 2025
P/E Trailing = 7.0122
P/E Forward = 14.8368
P/S = 1.7875
P/B = 1.0957
Beta = -0.156
Revenue TTM = 1.29b USD
EBIT TTM = 356.6m USD
EBITDA TTM = 567.8m USD
Long Term Debt = 1.06b USD (from longTermDebt, last fiscal year)
Short Term Debt = 121.4m USD (from shortTermDebt, last quarter)
Debt = 895.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 677.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.99b USD (2.31b + Debt 895.9m - CCE 218.8m)
Interest Coverage Ratio = 4.61 (Ebit TTM 356.6m / Interest Expense TTM 77.3m)
FCF Yield = 8.11% (FCF TTM 242.0m / Enterprise Value 2.99b)
FCF Margin = 18.72% (FCF TTM 242.0m / Revenue TTM 1.29b)
Net Margin = 21.42% (Net Income TTM 276.9m / Revenue TTM 1.29b)
Gross Margin = 47.24% ((Revenue TTM 1.29b - Cost of Revenue TTM 682.1m) / Revenue TTM)
Gross Margin QoQ = 36.25% (prev 50.16%)
Tobins Q-Ratio = 0.94 (Enterprise Value 2.99b / Total Assets 3.19b)
Interest Expense / Debt = 2.65% (Interest Expense 23.7m / Debt 895.9m)
Taxrate = 1.52% (1.20m / 78.9m)
NOPAT = 351.1m (EBIT 356.6m * (1 - 1.52%))
Current Ratio = 2.37 (Total Current Assets 515.7m / Total Current Liabilities 218.1m)
Debt / Equity = 0.42 (Debt 895.9m / totalStockholderEquity, last quarter 2.14b)
Debt / EBITDA = 1.19 (Net Debt 677.1m / EBITDA 567.8m)
Debt / FCF = 2.80 (Net Debt 677.1m / FCF TTM 242.0m)
Total Stockholder Equity = 2.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.69% (Net Income 276.9m / Total Assets 3.19b)
RoE = 13.08% (Net Income TTM 276.9m / Total Stockholder Equity 2.12b)
RoCE = 11.22% (EBIT 356.6m / Capital Employed (Equity 2.12b + L.T.Debt 1.06b))
RoIC = 10.69% (NOPAT 351.1m / Invested Capital 3.29b)
WACC = 6.51% (E(2.31b)/V(3.20b) * Re(8.02%) + D(895.9m)/V(3.20b) * Rd(2.65%) * (1-Tc(0.02)))
Discount Rate = 8.02% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 7.55%
[DCF Debug] Terminal Value 73.30% ; FCFE base≈269.4m ; Y1≈201.9m ; Y5≈120.3m
Fair Price DCF = 22.65 (DCF Value 2.27b / Shares Outstanding 100.3m; 5y FCF grow -29.67% → 3.0% )
EPS Correlation: -79.49 | EPS CAGR: -68.81% | SUE: -0.48 | # QB: 0
Revenue Correlation: -66.47 | Revenue CAGR: -9.20% | SUE: 0.70 | # QB: 0
Additional Sources for TRMD Stock
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Fund Manager Positions: Dataroma | Stockcircle