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Torm

238.60 DKK+3.38 %11/11 16:59
Less than 1K followers

TRMD A

NASDAQ Copenhagen

Transport & Logistics

Industrials

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
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+3.38 %
-12.02 %
+28.56 %
+10.77 %
+88.02 %
+58.17 %
+10.46 %
+359.73 %
-99.20 %

TORM is a leading international owner and operator of product tankers, transporting refined oil products. TORM is listed on Nasdaq Copenhagen and on the Nasdaq US, with a wholly owned fleet of approx. 90 vessels (mostly scrubber-fitted), spanning all large product tanker vessel segments with a focus on LR2, LR1, and MR. TORM has a majority shareholder in Oaktree Capital Management (55%). TORM engages in vessel trading to ensure fleet renewal and pursue secondary market opportunities that are accretive to NAV.

Read more
Market cap
24.51B DKK
Turnover
80.65M DKK
Revenue
8.52B
EBIT %
26.6 %
P/E
12.9
Dividend yield-%
5.65 %
Coverage
Disclaimer
Rasmus Køjborg
Nikolaj Pedersen
Nikolaj Pedersen, Rasmus Køjborg
Show more
Latest research

Latest analysis report

Released: 2026-11-09

Revenue and EBIT-%
EPS and dividend
Financial calendar
16/11
2026

Quarterly dividend

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Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

TORM (Investment Case): High profits largely locked in for 2026
Research2026-11-09 17:00
by Rasmus Køjborg, Nikolaj Pedersen

TORM (Investment Case): High profits largely locked in for 2026

Following Torm's Q3 2026 report, we have updated our investment case on the company. Our updated investment case covers the key investment reasons, risks, and valuation perspective relative to peers across product tanker peers.

Torm
Analyst Comment2026-11-04 09:07
by Rasmus Køjborg, William Jørck

Today's equity news November 4, 2026: Danske Bank, Sampo, Føroya Banki, and TORM

We have updated our investment case for Danske Bank following Q3, where guidance has been narrowed to 24–25 BDKK. Sampo once again delivered an exceptionally strong quarter with 9% premium growth, a combined ratio of 82.6%, and upgraded guidance. Føroya Banki shows solid operations and maintains its guidance alongside a new strategy toward 2030 (event at 1:00 PM). TORM delivers significant year-on-year progress and raises the lower end of its guidance.

Danske BankFøroya BankiTormSampo
Regulatory press release2026-11-04 08:22

Torm PLC: TORM plc Q3 2026 Results, Dividend Distribution, and Financial Outlook 2026

Torm

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Regulatory press release2026-11-03 09:37

TORM plc - Update on Shareholder Engagement Following the 2026 AGM

Torm
TORM (Investment Case): TORM lifts 2026 EBITDA guidance by 27% to a record USD 1.3-1.5bn
Research2026-10-15 13:21
by Rasmus Køjborg, Nikolaj Pedersen

TORM (Investment Case): TORM lifts 2026 EBITDA guidance by 27% to a record USD 1.3-1.5bn

Following TORM’s third guidance upgrade this year, we have updated our investment case on the company, covering the key investment reasons, risks, and valuation perspective relative to product tanker peers.

Torm
Regulatory press release2026-10-12 13:31

Torm PLC: TORM plc Upgrades Full-Year Guidance

Torm
Regulatory press release2026-10-09 08:59

Torm PLC: TORM plc Announces Change to the Board

Torm
Regulatory press release2026-10-08 23:00

Torm PLC: Major Shareholder Announcement

Torm
Regulatory press release2026-10-07 17:53

Torm PLC: TORM plc announces closing of secondary public offering of its class A common shares

Torm
Regulatory press release2026-10-07 09:30

Torm PLC: TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

Torm
Regulatory press release2026-10-06 13:54

Torm PLC: TORM plc announces pricing of secondary public offering of its class A common shares

Torm
Regulatory press release2026-10-05 23:03

Torm PLC: TORM plc announces secondary public offering of its class A common shares by a selling shareholder

Torm
Regulatory press release2026-09-28 10:27

Torm PLC: Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons

Torm
Regulatory press release2026-09-28 09:04

Torm PLC: Major Shareholder Announcement

Torm
Regulatory press release2026-09-24 09:30

Torm PLC: TORM plc capital increase in connection with RSU exercise as part of TORM's incentive program

Torm
TORM (Investment Case): Leading product tanker operator turning record earnings into shareholder distributions
Research2026-09-21 16:40
by Rasmus Køjborg, Nikolaj Pedersen

TORM (Investment Case): Leading product tanker operator turning record earnings into shareholder distributions

Following Torm's Q2 2026 report, we have updated our investment case on the company. Our updated investment case covers the key investment reasons, risks, and valuation perspective relative to peers across product tanker peers.

Torm
Regulatory press release2026-09-18 14:40

Torm PLC: Major Shareholder Announcement

Torm
Regulatory press release2026-09-18 10:36

Torm PLC: Major Shareholder Announcement

Torm
Regulatory press release2026-09-18 10:11

Torm PLC: TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

Torm
Regulatory press release2026-09-16 17:42

Torm PLC: TORM plc announces closing of secondary public offering of its class A common shares

Torm