Intrinsiqq
TORM plc logoTORM plcTRMD
DKK 263.00+0.38%
TORM plc logo

TORM plc

TRMD

DKK 263.00

+DKK 1.00 (+0.38%)

⊜ Compare
ProfitabilityStrong marginsGrowthDecliningCash FlowHealthy conversionValuationAttractively priced
What stands out

25.18% operating margin is above average. ROIC at 10.04%.

What's changing

Revenue declined 14.1% YoY. Margins deteriorated 13.8pp alongside, both lines moving the wrong way.

What deserves caution

Free cash flow declined 22% versus the prior year, cash generation momentum has weakened. ROIC dropped from 20.16% to 10.04%, capital efficiency is deteriorating.

Valuation context

11.6x earnings, 47.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.

Price History

+96.7%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$4.07B
EPS$3.39
P/E11.63
P/FCF47.86
EV/EBITDA7.90
FCF Yield2.1%
Div. Yield5.27%
Net Debt/FCF9.9x
52-Week Range
DKK 123.70DKK 275.75

Profitability & Returns

Revenue (TTM)

$1.41B

▼ -14.1% YoY

Net Income (TTM)

$346M

▼ -53.2% YoY

Op. Margin

28.45%

▼ -13.8pp YoY

ROIC

10.04%

▼ -10.1pp YoY

Cash Flow & Balance Sheet

FCF (TTM)

$85M

▼ -22.5% YoY

Op. Cash Flow (TTM)

$634M

▼ -37.5% YoY

Net Debt

$845M

Cash & Equiv.

$158M

3Y CAGR: -2.5%

3Y CAGR: -21.0%

Continue Research

Is TORM (TRMD) overvalued?

At a P/E of 11.6 and a price-to-free-cash-flow of 47.9, TORM (TRMD) trades above a two-stage DCF intrinsic value of about $6.10 per share, so at $263.00 the stock looks overvalued (97.7% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, TORM scores 21/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.3%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is TORM's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about $6.10 per share for TRMD, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $4.57. At today's $263.00, that puts the stock about 97.7% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is TORM a high-quality business?+

TORM scores 21 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 28.4% operating margin and a 10.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does TORM (TRMD) pay a dividend, and how much?+

Yes, TORM pays a regular dividend of about $2.08 per share per year (typically in quarterly installments), a yield of roughly 5.3% at the current price. That is a payout ratio of about 62.1% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For TRMD's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is TORM a good stock to buy right now?+

That depends on valuation and quality together, not either alone. TRMD currently trades above its estimated intrinsic value and scores 21/100 on quality (lower-quality). It also yields about 5.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.

Related stocks: Oil & Gas Midstream

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.