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Torm

257.80 DKK-2.05 %22/10 17:09
Less than 1K followers

TRMD A

NASDAQ Copenhagen

Transport & Logistics

Industrials

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Dividend
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-2.05 %
+4.37 %
+31.60 %
+32.54 %
+103.15 %
+95.90 %
+27.88 %
+362.84 %
-99.14 %

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.

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Market cap
26.48B DKK
Turnover
75.98M DKK
Revenue
8.52B
EBIT %
26.6 %
P/E
13.93
Dividend yield-%
5.23 %
Coverage
Disclaimer
Rasmus Køjborg
Nikolaj Pedersen
Nikolaj Pedersen, Rasmus Køjborg
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Latest research

Latest analysis report

Released: 2026-10-15

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

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Financial calendar
4/11
2026

Interim report Q3'26

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

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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
Regulatory press release2026-09-15 11:47

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

Torm
Regulatory press release2026-09-14 22:59

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

Torm
Analyst Comment2026-09-14 12:03 by
Rasmus Køjborg

TORM - Video presentation of Q2 2026 financial results

In late August, TORM released its Q2 2026 financial results, during which CFO Kim Balle presented the figures and commented on the current situation in the Strait of Hormuz, among other topics.

Torm
Regulatory press release2026-09-11 09:30

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

Torm