Torm Plc Class Stock Today

TRMD Stock  USD 23.73  0.78  3.40%   

Performance

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Odds Of Distress

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Torm PLC is trading at 23.73 as of the 13th of November 2024, a 3.40% up since the beginning of the trading day. The stock's lowest day price was 23.0. Torm PLC has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Torm PLC Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of May 2023 and ending today, the 13th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
23rd of February 2018
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company was founded in 1889 and is headquartered in London, the United Kingdom. Torm Plc operates under Oil Gas Midstream classification in the United States and is traded on NASDAQ Exchange. The company has 96.35 M outstanding shares of which 2.73 M shares are at this time shorted by private and institutional investors with about 1.99 trading days to cover. More on Torm PLC Class

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Follow Valuation Options Odds of Bankruptcy
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Torm Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Head PresidentAndreas AbildgaardHein
Thematic IdeaRailroads (View all Themes)
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NASDAQ Composite, Railroads, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.630.541
Fairly Up
Slightly volatile
Gross Profit Margin0.320.4609
Way Down
Slightly volatile
Net Debt989.8 M763.1 M
Significantly Up
Slightly volatile
Total Current Liabilities323.8 M265.2 M
Fairly Up
Pretty Stable
Non Current Liabilities Total910.8 M937.6 M
Fairly Down
Very volatile
Total AssetsB2.9 B
Way Down
Slightly volatile
Total Current Assets725.1 M690.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Torm PLC can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Torm PLC's financial leverage. It provides some insight into what part of Torm PLC's total assets is financed by creditors.
Liquidity
Torm PLC Class currently holds 1.06 B in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Torm PLC Class has a current ratio of 2.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Torm PLC's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

315.84 Million
Torm PLC Class (TRMD) is traded on NASDAQ Exchange in USA. It is located in Office 105, London, United Kingdom, EC3R 8HL and employs 579 people. Torm PLC is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.34 B. Torm PLC Class conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 96.35 M outstanding shares of which 2.73 M shares are at this time shorted by private and institutional investors with about 1.99 trading days to cover. Torm PLC Class currently holds about 133.3 M in cash with 821.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.64.
Check Torm PLC Probability Of Bankruptcy
Ownership Allocation
Torm PLC Class shows a total of 96.35 Million outstanding shares. Over half of Torm PLC's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Torm Ownership Details

Torm PLC Historical Income Statement

At present, Torm PLC's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 662 M, whereas Other Operating Expenses is forecasted to decline to about 690.8 M. View More Fundamentals

Torm Stock Against Markets

Torm PLC Corporate Management

When determining whether Torm PLC Class is a strong investment it is important to analyze Torm PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Torm PLC's future performance. For an informed investment choice regarding Torm Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Torm PLC. If investors know Torm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Torm PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.86
Earnings Share
7.53
Revenue Per Share
18.109
Quarterly Revenue Growth
0.039
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.