Torm PLC Class A (TRMD) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Torm PLC Class A stock $32.01, price $34.39, that is 6.9% below the price, quality 44 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $3.26 – $43.05 · fair‑value band $19.65 – $47.13 · the $34.39 price screens above the $32.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering.
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The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude oil. The Marine Engineering segment engages in developing and producing advanced and green marine equipment.
TORM plc was founded in 1889 and is based in London, the United Kingdom.
Stock analysis
Torm PLC Class A (TRMD) currently trades at $34.39, while our model-based Fair Value estimate is $32.01, so the stock looks roughly fairly valued today (gap 7.4%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $37.02 per share, and 6 of the 26 models we run sit above the $34.39 price.
Bear case: the Asset-Based group reads lowest at $14.30, and 20 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $19.65 (bear) to $47.13 (bull), the price of $34.39 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Torm PLC Class A reported revenue of $1.4B in FY2025 versus $620M in FY2021, a compound +22.4%/yr. Reported net income was $296M in FY2025.
Key figures
Market cap $3.6B Mid · P/E ratio 5.7 · P/S ratio 1.87 · EPS (TTM) $6.07 · Dividend yield 6.2% · Net margin 39.0% · Return on equity 31.9% · Return on assets (EBIT) 15.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 84 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 100% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −30% fair-value upside, at −7%, TRMD screens cheaper than that median.
Fair Value models
Bear$19.65Fair Value $32.01Bull$47.13
Price $34.39 · Downside -6.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($3.38 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Plus 3 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.78/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−10.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.2%
Start year 2020 (pandemic). Over 10 years: +9.9% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+17.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.5%
Dividend (yield on the price)6.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.5% vs 2.0%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.19% → 26%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+11.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +9.1% a year for the price and +3.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (85 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
AI conclusion: Moderate pricing durability offers some stability for this product tanker operator yet limited signals across other moat factors leave overall resilience uncertain amid thin evidence.
Main risk: Cyclical tanker market swings may pressure margins and cash flows in the integrated product tanker business where evidence already flags fluctuation risks.
TORM just completed the exit of its remaining Oaktree-affiliated shareholder through a secondary offering of more than six million Class A shares. The company issued no new shares and received no proceeds, while the associated board member stepped down. Our models currently see the stock as overvalued. Will the removal of this ownership overhang strengthen execution in the integrated product tanker business or expose deeper vulnerabilities in a cyclical market?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Midstream · 81 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside−6.9% · Above median
Profitability
Return on equity (12 months)31.9% · Top 25%
Return on assets8.8% · Top 25%
Net margin (12 months)39.0% · Top 25%
Operating margin (12 months)39.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)45.8% · Above median
Dividend yield (12 months)6.2% · Top 25%
Balance sheet
Debt / equity0.33× · Lowest 25%
Valuation Multiplesvs Oil & Gas Midstream median · lower = cheaper
P/E (12 months)5.7× · Cheapest 25%
P/B1.63× · Cheaper than median
P/S (12 months)1.87× · Cheaper than median
Price / free cash flow (fiscal year)18.1× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Torm PLC Class A Fair Value". https://www.fairvalue-calculator.com/stock/TRMD
Frequently asked questions
Is Torm PLC Class A (TRMD) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $32.01 versus a price of $34.39, about 7% lower (fairly valued).
What is the fair value of TRMD?
Our model-based fair value for Torm PLC Class A is $32.01 (as of Nov 7, 2026), built from audited fundamentals. The current price: $34.39.
What is the quality score of TRMD?
Torm PLC Class A has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Torm PLC Class A (TRMD)?
Our model-based price target is the fair value of $32.01 (as of Nov 7, 2026) from 26 valuation models. Cautious scenario $19.65, optimistic scenario $47.13. It is a calculation from audited fundamentals, not an analyst target.
What is the Torm PLC Class A stock forecast for 2026?
Our models put fair value at $32.01, about 7% lower versus a price of $34.39 (fairly valued). Cautious scenario $19.65, optimistic scenario $47.13. The calculation is refreshed regularly with new filings.
What is the revenue of Torm PLC Class A (TRMD)?
Torm PLC Class A reported trailing-twelve-month revenue of about $1.9B (latest available figure, as of Nov 7, 2026).
Does Torm PLC Class A pay a dividend?
Torm PLC Class A currently shows a dividend yield of 6.16% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Torm PLC Class A (TRMD) and when is the ex-dividend date?
Torm PLC Class A pays a dividend of $2.12 per share a year, a dividend yield of 6.2%. The next ex-dividend date is Nov 17, 2026. A dividend has been paid every year since 2022. The payout ratio is 34.9% of earnings. Free cash flow covers the dividend 0.91 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Torm PLC Class A (TRMD)?
For today's price to be fair in a discounted-cash-flow model, Torm PLC Class A would have to grow free cash flow by +11.7 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +13.2 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of TRMD use?
Our models discount Torm PLC Class A at 9.7 %: a base by market capitalisation (mid), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Torm PLC Class A that is +11.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Torm PLC Class A (TRMD) delivered so far?
Over the past 5 years revenue at Torm PLC Class A grew +13.2 % a year. The price currently implies free-cash-flow growth of +11.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Torm PLC Class A (TRMD) growing?
The median revenue growth in the sector is +14.1 % a year. That is the yardstick for the growth priced into Torm PLC Class A (+11.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Torm PLC Class A (TRMD)?
The free-cash-flow yield on the price is 5.51 %: that much free cash flow Torm PLC Class A produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Torm PLC Class A (TRMD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Torm PLC Class A it is $32.01 per share (as of Nov 7, 2026), against a price of $34.39. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Torm PLC Class A stock overvalued or undervalued in 2026?
As of Nov 7, 2026, TRMD trades above its calculated fair value: price $34.39, fair value $32.01, a gap of about −7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TRMD?
No. The price is what the market pays today ($34.39); the fair value is what the company's own numbers justify ($32.01). For Torm PLC Class A the two are $2.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is Torm PLC Class A worth?
The market values Torm PLC Class A at about $3.6B (market capitalisation, as of Nov 7, 2026). Per share that is $34.39; our models calculate a fair value of $32.01 per share.
What do the bullish and bearish scenarios say about TRMD?
Our models span a range for Torm PLC Class A: cautious scenario $19.65, base $32.01, optimistic $47.13 per share (as of Nov 7, 2026, price $34.39). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TRMD?
Torm PLC Class A trades at a price-to-earnings ratio of 5.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $32.01 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2019 to 2025), reported earnings: 4.6. Other multiples: P/B 1.6, P/S 1.9, EV/EBITDA 4.0.
How solid is the balance sheet of Torm PLC Class A (TRMD)?
Balance-sheet figures for Torm PLC Class A (as of Nov 7, 2026): return on equity 31.9%, debt of 0.33 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is TRMD from its 52-week high?
Torm PLC Class A trades at $34.39, about 20% below its 52-week high of $43.05 and 100% above the low of $17.20 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $32.01 is for.
Which stocks are comparable to Torm PLC Class A?
From the same area (Energy) we also value Enbridge Inc, The Williams Companies, Inc, Enterprise Products Partners L.P., Kinder Morgan, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Torm PLC Class A stock attractive at the current price?
The data as of Nov 7, 2026: price $34.39, calculated fair value $32.01 (−7%), Quality Score 44/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TRMD calculated?
We run Torm PLC Class A through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $32.01 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Torm PLC Class A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Torm PLC Class A (TRMD)?
The closing price on Nov 6, 2026 was $34.39. Our model-based fair value is $32.01, about 7% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Torm PLC Class A right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($19.65 to $47.13) leaves room in how you read the outcome.
Key figures of Torm PLC Class A
How large is the market capitalisation of Torm PLC Class A (TRMD)?
The market capitalisation of Torm PLC Class A is $3.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Torm PLC Class A (TRMD)?
The price-to-sales ratio of Torm PLC Class A is 1.87 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Torm PLC Class A (TRMD)?
Earnings per share at Torm PLC Class A are $6.07 (price ÷ EPS = P/E 5.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Torm PLC Class A (TRMD)?
The dividend yield of Torm PLC Class A is 6.2% (payout 34.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Torm PLC Class A (TRMD)?
The net margin of Torm PLC Class A is 39.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Torm PLC Class A (TRMD)?
The return on equity (ROE) of Torm PLC Class A is 31.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Torm PLC Class A (TRMD)?
On an EBIT basis the return on assets of Torm PLC Class A is 15.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Torm PLC Class A (TRMD)?
The operating margin of Torm PLC Class A is 39.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Torm PLC Class A (TRMD)?
Revenue at Torm PLC Class A is growing +45.8% versus a year earlier (3y avg −1.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Torm PLC Class A (TRMD)?
Earnings per share at Torm PLC Class A are growing +148% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Torm PLC Class A (TRMD) carry?
The net debt of Torm PLC Class A is $848M (fiscal year 2025, ≈ 4.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026