(DHT) DHT Holdings - Overview

Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 2.916m USD | Total Return: 100.7% in 12m

Stock Crude Oil, Tankers, Shipping
Total Rating 67
Safety 68
Buy Signal 1.23
Oil & Gas Midstream -2.2
Oil & Gas Storage & Transportation -0.9
Market Cap: 2,916m
Avg Trading Vol: 98.6M USD
ATR: 4.33%
Peers RS (IBD): 89.0
Risk 5d forecast
Volatility35.9%
Rel. Tail Risk-5.94%
Reward TTM
Sharpe Ratio1.83
Alpha73.71
Character TTM
Beta0.392
Beta Downside0.854
Drawdowns 3y
Max DD25.54%
CAGR/Max DD1.42
EPS (Earnings per Share) EPS (Earnings per Share) of DHT over the last years for every Quarter: "2021-03": 0.07, "2021-06": -0.07, "2021-09": -0.13, "2021-12": -0.02, "2022-03": -0.1, "2022-06": 0.06, "2022-09": 0.04, "2022-12": 0.38, "2023-03": 0.23, "2023-06": 0.35, "2023-09": 0.19, "2023-12": 0.22, "2024-03": 0.29, "2024-06": 0.27, "2024-09": 0.22, "2024-12": 0.17, "2025-03": 0.27, "2025-06": 0.24, "2025-09": 0.2807, "2025-12": 0.4094,
EPS CAGR: 129.87%
EPS Trend: 59.0%
Last SUE: 0.18
Qual. Beats: 0
Revenue Revenue of DHT over the last years for every Quarter: 2021-03: 86.983, 2021-06: 65.94, 2021-09: 59.095, 2021-12: 83.835, 2022-03: 76.4, 2022-06: 99.914, 2022-09: 109.938, 2022-12: 167.895, 2023-03: 132.568, 2023-06: 153.047, 2023-09: 131.565, 2023-12: 142.292, 2024-03: 147.038, 2024-06: 151.237, 2024-09: 142.107, 2024-12: 131.391, 2025-03: 118.574, 2025-06: 128.316, 2025-09: 107.348, 2025-12: 143.931,
Rev. CAGR: 18.40%
Rev. Trend: 33.3%
Last SUE: 2.22
Qual. Beats: 1
Description: DHT DHT Holdings

DHT Holdings, Inc. operates as a crude oil tanker company. It owns and operates Very Large Crude Carriers (VLCCs), a common vessel type for long-haul oil transportation. The company also provides technical management services for these vessels. As of March 15, 2025, DHT Holdings had a fleet of 23 VLCCs.

The companys primary operations are in Monaco, Singapore, Norway, and India. The crude oil tanker sector is cyclical, influenced by global oil demand and supply dynamics. Further research on ValueRay can provide detailed financial metrics and historical performance data.

Headlines to Watch Out For
  • Crude oil tanker rates dictate revenue
  • Global oil demand impacts fleet utilization
  • Vessel operating expenses influence profitability
  • Newbuild tanker deliveries affect market supply
  • Geopolitical events disrupt shipping routes
Piotroski VR‑10 (Strict) 6.5
Net Income: 211.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -15.64 > 1.0
NWC/Revenue: 26.94% < 20% (prev 16.14%; Δ 10.80% < -1%)
CFO/TA 0.17 > 3% & CFO 276.6m > Net Income 211.1m
Net Debt (349.7m) to EBITDA (331.9m): 1.05 < 3
Current Ratio: 2.80 > 1.5 & < 3
Outstanding Shares: last quarter (160.9m) vs 12m ago -0.27% < -2%
Gross Margin: 38.28% > 18% (prev 0.40%; Δ 3.79k% > 0.5%)
Asset Turnover: 32.25% > 50% (prev 38.46%; Δ -6.21% > 0%)
Interest Coverage Ratio: 15.92 > 6 (EBITDA TTM 331.9m / Interest Expense TTM 14.2m)
Altman Z'' 1.12
A: 0.08 (Total Current Assets 208.9m - Total Current Liabilities 74.7m) / Total Assets 1.60b
B: -0.06 (Retained Earnings -96.2m / Total Assets 1.60b)
C: 0.15 (EBIT TTM 225.5m / Avg Total Assets 1.54b)
D: -0.20 (Book Value of Equity -94.1m / Total Liabilities 469.7m)
Altman-Z'' Score: 1.12 = BB
Beneish M -3.59
DSRI: 1.14 (Receivables 53.3m/53.7m, Revenue 498.2m/571.8m)
GMI: 1.05 (GM 38.28% / 40.10%)
AQI: 0.01 (AQ_t 0.00 / AQ_t-1 0.06)
SGI: 0.87 (Revenue 498.2m / 571.8m)
TATA: -0.04 (NI 211.1m - CFO 276.6m) / TA 1.60b)
Beneish M-Score: -3.59 (Cap -4..+1) = AAA
What is the price of DHT shares? As of April 04, 2026, the stock is trading at USD 18.27 with a total of 2,827,696 shares traded.
Over the past week, the price has changed by +3.09%, over one month by -3.12%, over three months by +64.35% and over the past year by +100.73%.
Is DHT a buy, sell or hold? DHT Holdings has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy DHT.
  • StrongBuy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the DHT price?
Wallstreet Target Price 19.4 6.4%
Analysts Target Price 19.4 6.4%
DHT Fundamental Data Overview as of 03 April 2026
P/E Trailing = 13.8244
P/E Forward = 8.7951
P/S = 5.2897
P/B = 2.5737
P/EG = 1.1926
Revenue TTM = 498.2m USD
EBIT TTM = 225.5m USD
EBITDA TTM = 331.9m USD
Long Term Debt = 389.2m USD (from longTermDebt, last quarter)
Short Term Debt = 39.5m USD (from shortTermDebt, last quarter)
Debt = 428.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 349.7m USD (from netDebt column, last quarter)
Enterprise Value = 3.27b USD (2.92b + Debt 428.7m - CCE 79.0m)
Interest Coverage Ratio = 15.92 (Ebit TTM 225.5m / Interest Expense TTM 14.2m)
EV/FCF = -98.10x (Enterprise Value 3.27b / FCF TTM -33.3m)
FCF Yield = -1.02% (FCF TTM -33.3m / Enterprise Value 3.27b)
FCF Margin = -6.68% (FCF TTM -33.3m / Revenue TTM 498.2m)
Net Margin = 42.37% (Net Income TTM 211.1m / Revenue TTM 498.2m)
Gross Margin = 38.28% ((Revenue TTM 498.2m - Cost of Revenue TTM 307.5m) / Revenue TTM)
Gross Margin QoQ = 51.23% (prev 32.51%)
Tobins Q-Ratio = 2.04 (Enterprise Value 3.27b / Total Assets 1.60b)
Interest Expense / Debt = 0.53% (Interest Expense 2.29m / Debt 428.7m)
Taxrate = 0.31% (207k / 66.3m)
NOPAT = 224.8m (EBIT 225.5m * (1 - 0.31%))
Current Ratio = 2.80 (Total Current Assets 208.9m / Total Current Liabilities 74.7m)
Debt / Equity = 0.38 (Debt 428.7m / totalStockholderEquity, last quarter 1.13b)
Debt / EBITDA = 1.05 (Net Debt 349.7m / EBITDA 331.9m)
 Debt / FCF = -10.50 (negative FCF - burning cash) (Net Debt 349.7m / FCF TTM -33.3m)
 Total Stockholder Equity = 1.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.66% (Net Income 211.1m / Total Assets 1.60b)
RoE = 19.30% (Net Income TTM 211.1m / Total Stockholder Equity 1.09b)
RoCE = 15.21% (EBIT 225.5m / Capital Employed (Equity 1.09b + L.T.Debt 389.2m))
RoIC = 15.67% (NOPAT 224.8m / Invested Capital 1.43b)
WACC = 6.48% (E(2.92b)/V(3.35b) * Re(7.36%) + D(428.7m)/V(3.35b) * Rd(0.53%) * (1-Tc(0.00)))
Discount Rate = 7.36% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -33.33 | Cagr: -0.09%
 [DCF] Fair Price = unknown (Cash Flow -33.3m)
 EPS Correlation: 59.03 | EPS CAGR: 129.9% | SUE: 0.18 | # QB: 0
Revenue Correlation: 33.30 | Revenue CAGR: 18.40% | SUE: 2.22 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.52 | Chg7d=+0.174 | Chg30d=+0.208 | Revisions Net=+0 | Analysts=5
EPS current Year (2026-12-31): EPS=1.95 | Chg7d=+0.296 | Chg30d=+0.442 | Revisions Net=+3 | Growth EPS=+97.4% | Growth Revenue=+38.8%
EPS next Year (2027-12-31): EPS=1.38 | Chg7d=-0.010 | Chg30d=+0.094 | Revisions Net=-2 | Growth EPS=-29.0% | Growth Revenue=-11.4%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 0.7% (Discount Rate 7.9% - Earnings Yield 7.2%)
[Growth] Growth Spread = +29.7% (Analyst 30.4% - Implied 0.7%)
External Resources
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