TORM

TORM Plc engages in the ownership and operation of product tankers. The firm transports refined oil products such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TORM Plc engages in the business of transporting clean and dirty petroleum products. It operates under the Tanker and Marine Exhaust segments. The Tanker segment focuses on the transportation of refined oil products such as gasoline, jet fuel, and naphtha. The Marine Exhaust segment includes developing and producing advanced and green marine equipment. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.

TORM is a leading global product tanker company with a modern fleet and a diverse customer base. The company is well-positioned to take advantage of the attractive product tanker market fundamentals underpinned by increasing oil demand, shifting trade routes, and refinery dislocations. TORM offers an attractive investment opportunity with favorable valuation, high FCF generation, and hefty capital returns.

TORM: Robust Fundamentals And High Dividends

B2Gold

DHT Holdings

Opera Ltd - ADR

Stellantis N.V. 

Vector Group

Vici Properties

The best dividend stocks are those that can produce both steady returns from both their quarterly payouts and from long-term price appreciation. For the most part, these names offer more of the latter than of the former.

Wall Street's Favorite Dividend Stocks? 7 Tickers That Are Practically Money Machines

Cementos Pacasmayo

Devon Energy

Enbridge

Energy Transfer LP Unit

Euronav

FS KKR Capital Corp

Golub Capital BDC

HSBC Holdings

Kinder Morgan

Dorian LPG

Medifast

Altria

Petroleo Brasileiro

Solaris Oilfield Infrastructure

Sociedad Quimica Y Minera De Chile

Trimble

Vale S.A.

Large Cap Value is a value ranking strategy that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on a screen in Graham's book, "The Intelligent Investor." 54 out of 69 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share.

54 Ideal Value Dogs For February

TORM plc has experienced a total return of +523% over 37 months, outperforming each of the "Magnificent 7" Big Tech companies. The deep-value TORM proposition no longer exists, but shares remain an investible idea with a high dividend yield. Many successful long-term investors search for underfollowed or unwanted stock names selling at steep discounts to underlying net assets.

My TORM Pick In 2021 Smoked All Big Tech Gains

Frontline

Navitas Semiconductor Corp

In the stock market, certain companies stand out as potential game-changers, promising returns and transformative shifts in their respective sectors. Among these, three stocks are positioned at the forefront of their industries, ready to hit unparalleled growth.

3 Life-Changing Stocks Poised for Phenomenal Growth

Imperial Brands PLC

Amidst the myriad investment options, the allure of high dividend stocks emerges as a beacon for those seeking returns and a reliable income stream. Picture this, a world where your investments not only yield dividends but also echo a harmony of responsible business practices.

3 High-Dividend Stocks for Steady Income Growth

Ardmore Shipping

Nordic American Tankers

Scorpio Tankers

Teekay Tankers

A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.

These seven tanker stocks are set for upside amid Red Sea disruption, says Evercore

Oaktree Specialty Lending

3 Quality Stocks With Yields Between 8% And 17%

Intel

Identifying the next big opportunity can be as elusive as stock market rewards. Identifying the hidden potential within the stock market often demands keen insight and strategic analysis.

This Is Your Last Chance to Own These 3 Stocks Before Their Value Skyrockets

TRMD has a large fleet of 93 ships, including 20 LR2 vessels, and has a conservative balance sheet with strong liquidity. Catalysts for the tanker market include declining diesel inventories, growing refinery dislocation, and the Red Sea crisis. The company's liquidity position is bulletproof with $240 million cash, $724 million operating earnings, and $857 million operating cash flow.

TORM: Product Tanker Play For Income-Minded Investors

TORM plc is one of the world's largest transporters of refined oil products, operating in various vessel segments from Medium Range to Long Range 2 tankers. In 9M 2023, TORM achieved historically high financial results, despite a temporary decline in freight rates during the summer. I think it's good that TORM is trying to optimize its fleet in advance and rejuvenate its average age.

TORM: Still Great Value To Be Unlocked

Bancolombia

Enterprise Products Partners

ICL-Israel Chemicals

MPLX

New York Community Bancorp

Blue Owl Capital Corp

Large Cap Value is a value ranking strategy that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on a screen in Graham's book, "The Intelligent Investor." 56 out of 71 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share.

71 Ben Graham January Value Stocks, 56 Jazzed Buys

Toronto-Dominion Bank

I invested mostly in treasuries this year due to rate hikes. In 2024, I'll probably put more money in stocks. Companies that are indebted and/or richly valued are expected to benefit from rate cuts, while low-quality companies may not be saved.

2 High Yielders I'm Buying In 2024, And I'm Eyeing One

TORM's 20% dividend has moderate levels of coverage and justifies ownership despite near-term risks. Global realignment of trade flows has increased international demand for shipping of refined products, driving up ton-miles and charter rates. Refining capacity closures in developed countries have created a need for imports, increasing shipping demand.

TORM: Make Hay While The Sun Shines

TORM is one of the highest-quality names available in the product tanker space, with an excellent track record of capital allocation and generous shareholder returns. If the current product tanker earnings can be sustained, the forward dividend yield is around 20%. The fundamentals of the tanker market are expected to remain strong over the next 2-3 years because of constrained supply.

TORM: Oaktree's Divestment Is A Headwind, But Creates Opportunities

Electronic Arts

General Electric

Luminar Technologies

PayPal

SharkNinja Inc

Amidst the market volatility, discerning investors are often on the lookout for valuable opportunities in wagering on undervalued stocks. Moreover, the recent market rebound has opened the door to multiple attractive bets, offering robust upside ahead of a sustained bull run next year.

Bargain Buys: 7 Undervalued Stocks Set to Soar

Copa Hlds

Marathon Petroleum

Perion Network

SoFi Technologies

Block

In the ever-evolving landscape of investments, the hunt for hidden gems that promise exponential growth and transformative potential is a pursuit cherished by all. A treasure trove of seven undervalued stocks shimmering with untapped possibilities, each poised to revolutionize the market.

Game Changers: 7 Undervalued Stocks With Unbelievable Potential

Magic Software Enterprises

Nu Skin Enterprises

Sibanye Stillwater

"Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 70 December Value large caps and Graham formula-derived results reflect established value-stock detection-criteria. Of those, 56 met the dogcatcher-Delirious-ideal of dividends from $1K invested, exceeding their single-share-stock-prices. Representing nine-of-eleven Morningstar Sectors, all 56 ideal value-picks pay regular-dividends. Broker-target-top-ten net-gains ranged 30.91%-70.83%, topped by SBSW & SQM, as-of 11/21/23.

56 Delicious December Value Buys From Ben Graham's Formula

ARMOUR Residential REIT

Diana Shipping

Icahn Enterprises

Invesco Mortgage Capital

Office Properties Income Trust

Orchid Island Capital

Operating under the mantra of ‘more is better,' some income-focused investors seek out the highest-yielding dividend stocks out there. Yet if you think that a super-high yield may in theory sound like an easy path to high returns, it may be best to keep in mind the old adage, “there's no such thing as a free lunch.

The 7 Highest-Yielding Dividend Stocks in November

Celestica

Flex

KB Financial Group

PBF Energy

SurgePays

In an era of dynamic market fluctuations and ever-evolving industries, identifying value stocks that promise significant growth potential is paramount. Delving into the strategies and prospects of seven key value stocks, the article provides a glimpse into the diverse landscape of investment possibilities.

7 Value Stocks That Could Double Your Net Worth

Gigacloud Tech

Generally, uncovering the overlooked growth stocks that promise substantial growth can be like searching for a needle in a haystack. However, as the stock market approaches 2024, three compelling companies have managed to fly under the radar.

3 Overlooked Growth Stocks Headed to the Moon in 2024

Shipping vessel rates remain high due to rising energy prices and major displacement, benefiting companies like TORM plc. TORM looks very undervalued vs its industry. TORM has experienced significant growth, with record earnings and cash flow in 2022 and continued growth in 2023, leading to very generous dividends.

TORM plc: Record Earnings, 15%-21% Yield, Very Undervalued

Citizens Financial Group

Ecopetrol

Himax Tech

Hercules Capital

NatWest Group plc 

Provident Financial Services

RMR Group

“Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed. “—YCharts Value Screener. 68 November Value large caps and Graham formula-derived results reflect established value-stock detection-criteria. Of those, 58 met the dogcatcher-Notorious-ideal of dividends from $1K invested exceeding their single-share-stock-prices. Representing eight-of-eleven Morningstar Sectors, all 58 ideal value-picks pay regular-dividends. Broker-target-top-ten net-gains ranged 38.29%-81.03%, topped by SBSW & SQM, as-of 10/23/23.

68 Ben Graham November Value Stocks: 58 Notorious Buys

TORM plc is one of the world's largest transporters of refined oil products, operating in various vessel segments from Medium Range to Long Range 2 tankers. TORM's balance sheet remains strong, with a net LTV ratio of 29% and available liquidity of $497 million. The financial performance in Q2 was the best in the firm's history. TORM expects significant earnings day coverage at favorable rates for the remainder of FY2023, with already secured 72% of its full-year earning days.

TORM: The Comeback Is Unfolding

My Buy rating on TRMD has met my expectations, but its upward momentum has stalled at a pivotal level. The company's revised earnings outlook suggests a lower second-half projection due to uncertain macroeconomic conditions. Despite caution, I assessed that the threat of a steep dividend cut appears to be relatively low for now, keeping income investors on board.

TORM: High Hopes Need A Reality Check (Rating Downgrade)

News for TORM Stock (TRMD)