TORM plc (TRMD) is a publicly traded company in the Industrials — Marine Shipping industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
TORM plc operates as a global product tanker company, focusing on the marine transportation of refined petroleum products, such as gasoline, jet fuel, and naphtha, alongside crude oil. As of March 23, 2022, the company maintained an active fleet of approximately 85 vessels. Established in 1889, its main office is situated in London, United Kingdom.
Is TORM plc stock overvalued or undervalued in 2026?
As of October 2, 2026, TORM plc (TRMD) trades at 6.4× earnings (P/E), against a median of 26.1× across the 273 industrials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (6.4) does not tell whether it is cheap.
Kaplio overview: TORM plc
Market cap $4B · 52 weeks $19 – $41 (0 % below the high) · P/E 6.4× · 2027 expected P/E 7.1× · Dividend 11.2 % · Next earnings November 4, 2026 · expected EPS $1.54 · Price as of Oct 2 · accounts published Aug 26.
- Valuation: P/E 6.4× (no verdict).
- Business: ROIC 18 % (solid).
- Balance sheet: Net debt/EBITDA 1.4× (solid).
- Earnings: 3 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (6.4) does not tell whether it is cheap.
In cyclicals the P/E misleads; on its average earnings over 10 years it trades at 15.9 times.
What matters in industrials: 8 of 10 pass
- FCF conversion 66.7 %, fails.
- Capex / Revenue 23.0 %, fails.
- 5y revenue growth 7.1 %, passes.
- Operating margin 25.6 %, passes.
- ROIC 18.3 %, passes.
- Net debt / EBITDA 1.4×, passes.
- Altman Z-Score 2.5, passes.
- Piotroski F-Score 4 de 9, passes.
- P/E vs own 10y history 6.4×, passes.
- Cycle-adjusted EV/EBITDA 5.2×, passes.
Against its peers (reference peers) — TORM plc: P/E 6.4×; EV/EBITDA 5.2×; ROIC 18.3 %; $4.0B. DHT Holdings, Inc. (P/E 8.1×; EV/EBITDA 6.8×; ROIC 24.1 %; $3.8B), Teekay Tankers Ltd. (P/E 6.0×; EV/EBITDA 4.2×; ROIC 18.0 %; $3.4B), International Seaways, Inc. (P/E 7.3×; EV/EBITDA 4.7×; ROIC 25.3 %; $5.5B).
Dividend
tight · Yield 11.21 % ($2.11 per ADS in 2025) · 5-year growth +79 % a year · Free cash flow coverage 0.5× · With $1,000 invested today you'd collect $112.10 a year ($9.34 a month).
Profitability
| Return on Equity | 26.98% |
| Return on Invested Capital | 18.31% |
| Return on Assets | 16.17% |
| Gross Margin | 45.27% |
| Operating Margin | 38.97% |
| Net Margin | 35.42% |
Financial Health
| Debt / Equity | 0.42 |
| Current Ratio | 2.27 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 2.55 |
Price Performance
| 1 month | +16.69% |
| 3 months | +41.36% |
| Year-to-date | +109.65% |
| 1 year | +92.00% |
| 3 years | +52.72% |
| 5 years | +421.60% |
Dividend History
Paid in the last 12 months: $4.4200 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-10 | $2.4000 |
| 2026-05-28 | $0.7000 |
| 2026-03-12 | $0.7000 |
| 2025-11-20 | $0.6200 |
| 2025-08-22 | $0.4000 |
| 2025-05-22 | $0.4000 |
| 2025-03-20 | $0.6000 |
| 2024-11-21 | $1.2025 |
| 2024-08-29 | $1.7960 |
| 2024-05-21 | $1.5000 |
Amounts adjusted for stock splits.
Related companies: DHT · DKL · GEL · INSW · KNTK · NOG
Explore sector: Industrials · Marine Shipping
More sections of TRMD: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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