Torm PLC Class A

Company Profile

Torm PLC Class A had its IPO on 2018-02-23 under the ticker symbol TRMD.

The company operates in the Energy sector and Oil & Gas Midstream industry. Torm PLC Class A has a staff strength of 446 employees.

Stock update

Shares of Torm PLC Class A opened at $24.96 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.96 - $25.39, and closed at $25.21.

This is a +0.44% increase from the previous day's closing price.

A total volume of 302,385 shares were traded at the close of the day’s session.

In the last one week, shares of Torm PLC Class A have slipped by -2.44%.

Torm PLC Class A's Key Ratios

Torm PLC Class A has a market cap of $2.18 billion, indicating a price to book ratio of 1.6377 and a price to sales ratio of 2.1395.

In the last 12-months Torm PLC Class A’s revenue was $1.67 billion with a gross profit of $781.79 million and an EBITDA of $949.17 million. The EBITDA ratio measures Torm PLC Class A's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Torm PLC Class A’s operating margin was 48.52% while its return on assets stood at 19.18% with a return of equity of 56.43%.

In Q2, Torm PLC Class A’s quarterly earnings growth was a positive 63.4% while revenue growth was a positive 13.5%.

Torm PLC Class A’s PE and PEG Ratio

Forward PE

4.2699

Trailing PE

2.7755

PEG

Its diluted EPS in the last 12-months stands at $9.31 per share while it has a forward price to earnings multiple of 4.2699 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Torm PLC Class A’s profitability.

Torm PLC Class A stock is trading at a EV to sales ratio of 2.6277 and a EV to EBITDA ratio of 6.0834. Its price to sales ratio in the trailing 12-months stood at 2.1395.

Torm PLC Class A stock pays annual dividends of $7.01 per share, indicating a yield of 23.22% and a payout ratio of 16.36%.

Balance sheet and cash flow metrics

Total Assets

$2.86 billion

Total Liabilities

$385.40 million

Operating Cash Flow

$0

Capital Expenditure

$118.70 million

Dividend Payout Ratio

16.36%

Torm PLC Class A ended 2023 with $2.86 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.86 billion while shareholder equity stood at $1.56 billion.

Torm PLC Class A ended 2023 with $0 in deferred long-term liabilities, $385.40 million in other current liabilities, 800000.00 in common stock, $1.31 billion in retained earnings and $1.80 million in goodwill. Its cash balance stood at $269.00 million and cash and short-term investments were $269.00 million. The company’s total short-term debt was $297,500,000 while long-term debt stood at $856.20 million.

Torm PLC Class A’s total current assets stands at $688.20 million while long-term investments were $0.00 and short-term investments were $0. Its net receivables were $329.10 million compared to accounts payable of $38.50 million and inventory worth $66.90 million.

In 2023, Torm PLC Class A's operating cash flow was $0 while its capital expenditure stood at $118.70 million.

Comparatively, Torm PLC Class A paid $0.16 in dividends in 2023.

Other key metrics

Current Trading Price

$25.21

52-Week High

$32.2469

52-Week Low

$14.5383

Analyst Target Price

$36.05

Torm PLC Class A stock is currently trading at $25.21 per share. It touched a 52-week high of $32.2469 and a 52-week low of $32.2469. Analysts tracking the stock have a 12-month average target price of $36.05.

Its 50-day moving average was $23.95 and 200-day moving average was $24.88 The short ratio stood at 1.41 indicating a short percent outstanding of 0%.

Around 45% of the company’s stock are held by insiders while 8157.7% are held by institutions.