TORM PLC-A (TRMD) Stock Fundamental Analysis
USA - NASDAQ:TRMD - GB00BZ3CNK81 - Common Stock
23.02 USD
+0.02 (+0.09%)
22.9 USD
-0.12 (-0.52%)
Overall TRMD gets a fundamental rating of 6 out of 10. We evaluated TRMD against 210 industry peers in the Oil, Gas & Consumable Fuels industry. TRMD scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TRMD has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year TRMD was profitable.
TRMD had a positive operating cash flow in the past year.
TRMD had positive earnings in 4 of the past 5 years.
In the past 5 years TRMD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TRMD (8.64%) is better than 83.33% of its industry peers.
TRMD has a better Return On Equity (12.83%) than 70.48% of its industry peers.
The Return On Invested Capital of TRMD (8.40%) is better than 75.71% of its industry peers.
TRMD had an Average Return On Invested Capital over the past 3 years of 18.07%. This is below the industry average of 21.85%.
The last Return On Invested Capital (8.40%) for TRMD is well below the 3 year average (18.07%), which needs to be investigated, but indicates that TRMD had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.64% | ||
| ROE | 12.83% | ||
| ROIC | 8.4% |
ROA(3y)20.59%
ROA(5y)12.87%
ROE(3y)35.32%
ROE(5y)22.13%
ROIC(3y)18.07%
ROIC(5y)12.2%
1.3 Margins
Looking at the Profit Margin, with a value of 21.37%, TRMD is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
In the last couple of years the Profit Margin of TRMD has grown nicely.
The Operating Margin of TRMD (24.51%) is better than 62.38% of its industry peers.
In the last couple of years the Operating Margin of TRMD has grown nicely.
With a decent Gross Margin value of 68.19%, TRMD is doing good in the industry, outperforming 76.19% of the companies in the same industry.
In the last couple of years the Gross Margin of TRMD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.51% | ||
| PM (TTM) | 21.37% | ||
| GM | 68.19% |
OM growth 3Y240.77%
OM growth 5Y24.25%
PM growth 3YN/A
PM growth 5Y10.38%
GM growth 3Y6.18%
GM growth 5Y3.59%
2. Health
2.1 Basic Checks
TRMD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TRMD has more shares outstanding
TRMD has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TRMD has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.07 indicates that TRMD is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.07, TRMD belongs to the best of the industry, outperforming 81.90% of the companies in the same industry.
The Debt to FCF ratio of TRMD is 3.66, which is a good value as it means it would take TRMD, 3.66 years of fcf income to pay off all of its debts.
TRMD has a Debt to FCF ratio of 3.66. This is in the better half of the industry: TRMD outperforms 70.95% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that TRMD is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.36, TRMD perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.66 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.03
WACC8.13%
2.3 Liquidity
TRMD has a Current Ratio of 2.37. This indicates that TRMD is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TRMD (2.37) is better than 79.05% of its industry peers.
A Quick Ratio of 2.07 indicates that TRMD has no problem at all paying its short term obligations.
TRMD's Quick ratio of 2.07 is fine compared to the rest of the industry. TRMD outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
The earnings per share for TRMD have decreased strongly by -64.81% in the last year.
TRMD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.29% yearly.
Looking at the last year, TRMD shows a very negative growth in Revenue. The Revenue has decreased by -21.28% in the last year.
TRMD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.62% yearly.
EPS 1Y (TTM)-64.81%
EPS 3YN/A
EPS 5Y23.29%
EPS Q2Q%-42.96%
Revenue 1Y (TTM)-21.28%
Revenue growth 3Y36.02%
Revenue growth 5Y17.62%
Sales Q2Q%-36.39%
3.2 Future
Based on estimates for the next years, TRMD will show a very negative growth in Earnings Per Share. The EPS will decrease by -60.82% on average per year.
Based on estimates for the next years, TRMD will show a very negative growth in Revenue. The Revenue will decrease by -21.50% on average per year.
EPS Next Y-61.02%
EPS Next 2Y-54.05%
EPS Next 3Y-60.82%
EPS Next 5YN/A
Revenue Next Year-31.94%
Revenue Next 2Y-21.97%
Revenue Next 3Y-21.5%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.46, the valuation of TRMD can be described as reasonable.
85.71% of the companies in the same industry are more expensive than TRMD, based on the Price/Earnings ratio.
TRMD is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.09, the valuation of TRMD can be described as rather expensive.
TRMD's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, TRMD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.46 | ||
| Fwd PE | 17.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TRMD is valued a bit cheaper than the industry average as 71.90% of the companies are valued more expensively.
80.00% of the companies in the same industry are more expensive than TRMD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 5.57 |
4.3 Compensation for Growth
TRMD has a very decent profitability rating, which may justify a higher PE ratio.
TRMD's earnings are expected to decrease with -60.82% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.36
EPS Next 2Y-54.05%
EPS Next 3Y-60.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.76%, TRMD is a good candidate for dividend investing.
TRMD's Dividend Yield is rather good when compared to the industry average which is at 5.89. TRMD pays more dividend than 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, TRMD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.76% |
5.2 History
TRMD has been paying a dividend for over 5 years, so it has already some track record.
TRMD has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
91.42% of the earnings are spent on dividend by TRMD. This is not a sustainable payout ratio.
DP91.42%
EPS Next 2Y-54.05%
EPS Next 3Y-60.82%
23.02
+0.02 (+0.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners60.41%
Inst Owner Change0.13%
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap2.25B
Revenue(TTM)1.29B
Net Income(TTM)276.20M
Analysts68
Price Target19.59 (-14.9%)
Short Float %1.48%
Short Ratio2.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.76% |
Yearly Dividend6.05
Dividend Growth(5Y)N/A
DP91.42%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.3%
Min EPS beat(2)-0.56%
Max EPS beat(2)3.16%
EPS beat(4)2
Avg EPS beat(4)3.61%
Min EPS beat(4)-3.58%
Max EPS beat(4)15.43%
EPS beat(8)4
Avg EPS beat(8)2.86%
EPS beat(12)7
Avg EPS beat(12)2.7%
EPS beat(16)9
Avg EPS beat(16)-0.15%
Revenue beat(2)2
Avg Revenue beat(2)22.32%
Min Revenue beat(2)1.22%
Max Revenue beat(2)43.41%
Revenue beat(4)4
Avg Revenue beat(4)23.92%
Min Revenue beat(4)1.22%
Max Revenue beat(4)43.41%
Revenue beat(8)8
Avg Revenue beat(8)27.24%
Revenue beat(12)12
Avg Revenue beat(12)30.46%
Revenue beat(16)16
Avg Revenue beat(16)33.9%
PT rev (1m)-0.81%
PT rev (3m)-0.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)72.93%
EPS NY rev (1m)-11.01%
EPS NY rev (3m)-18.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)13.16%
Revenue NY rev (1m)-9%
Revenue NY rev (3m)-8.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.46 | ||
| Fwd PE | 17.09 | ||
| P/S | 1.74 | ||
| P/FCF | 9.18 | ||
| P/OCF | 4.65 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 5.57 |
EPS(TTM)2.72
EY11.82%
EPS(NY)1.35
Fwd EY5.85%
FCF(TTM)2.51
FCFY10.89%
OCF(TTM)4.95
OCFY21.49%
SpS13.19
BVpS21.98
TBVpS21.93
PEG (NY)N/A
PEG (5Y)0.36
Graham Number36.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.64% | ||
| ROE | 12.83% | ||
| ROCE | 10.63% | ||
| ROIC | 8.4% | ||
| ROICexc | 9.03% | ||
| ROICexgc | 9.05% | ||
| OM | 24.51% | ||
| PM (TTM) | 21.37% | ||
| GM | 68.19% | ||
| FCFM | 19% |
ROA(3y)20.59%
ROA(5y)12.87%
ROE(3y)35.32%
ROE(5y)22.13%
ROIC(3y)18.07%
ROIC(5y)12.2%
ROICexc(3y)20.28%
ROICexc(5y)13.6%
ROICexgc(3y)20.31%
ROICexgc(5y)13.62%
ROCE(3y)22.88%
ROCE(5y)15.44%
ROICexgc growth 3Y300.7%
ROICexgc growth 5Y32.05%
ROICexc growth 3Y300.53%
ROICexc growth 5Y32.02%
OM growth 3Y240.77%
OM growth 5Y24.25%
PM growth 3YN/A
PM growth 5Y10.38%
GM growth 3Y6.18%
GM growth 5Y3.59%
F-Score4
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.66 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 113.16% | ||
| Cap/Sales | 18.49% | ||
| Interest Coverage | 4.29 | ||
| Cash Conversion | 91.8% | ||
| Profit Quality | 88.92% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.07 | ||
| Altman-Z | 3.07 |
F-Score4
WACC8.13%
ROIC/WACC1.03
Cap/Depr(3y)243.97%
Cap/Depr(5y)223.64%
Cap/Sales(3y)26.43%
Cap/Sales(5y)30.81%
Profit Quality(3y)51.03%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.81%
EPS 3YN/A
EPS 5Y23.29%
EPS Q2Q%-42.96%
EPS Next Y-61.02%
EPS Next 2Y-54.05%
EPS Next 3Y-60.82%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.28%
Revenue growth 3Y36.02%
Revenue growth 5Y17.62%
Sales Q2Q%-36.39%
Revenue Next Year-31.94%
Revenue Next 2Y-21.97%
Revenue Next 3Y-21.5%
Revenue Next 5YN/A
EBIT growth 1Y-53.84%
EBIT growth 3Y363.52%
EBIT growth 5Y46.14%
EBIT Next Year-16.09%
EBIT Next 3Y-16.87%
EBIT Next 5YN/A
FCF growth 1Y-49.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-43.5%
OCF growth 3Y158.35%
OCF growth 5Y37.04%
TORM PLC-A / TRMD FAQ
What is the fundamental rating for TRMD stock?
ChartMill assigns a fundamental rating of 6 / 10 to TRMD.
Can you provide the valuation status for TORM PLC-A?
ChartMill assigns a valuation rating of 5 / 10 to TORM PLC-A (TRMD). This can be considered as Fairly Valued.
Can you provide the profitability details for TORM PLC-A?
TORM PLC-A (TRMD) has a profitability rating of 7 / 10.
What is the valuation of TORM PLC-A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TORM PLC-A (TRMD) is 8.46 and the Price/Book (PB) ratio is 1.05.
What is the earnings growth outlook for TORM PLC-A?
The Earnings per Share (EPS) of TORM PLC-A (TRMD) is expected to decline by -61.02% in the next year.