Frontierby eninvs

Language: EN · RU

← Region

TORM (TRMD) USD

At a glance: strengths & risks
✗Revenue declining (-14%)✗Profit falling (-53%)✗Margins compressing (55%→43%)✗Pricier than own history (EV/EBITDA 7.7 vs avg 4.4)

Sector: Product tankers

COMM_TRMD

Price chart

35.08 USDDay 1.39%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
35.08 USD · 1.39%
Market cap
3.6 bn USD

Growth

Δ revenue y/y
-14.1%
Δ EBITDA y/y
-32.9%

Multiples

P/E (LTM)
12.4x
3y avg: 5.0x
P/B (FY)
1.6x
EV/EBITDA (LTM)
7.7x
3y avg: 4.4x

Cash return

Dividend yield
12.6%
FCF yield (LTM)
5.3%

Value creation

fundamental value/yr, % of market cap
Value created / year
-72.3%
↓ details

Liquidity

Daily turnover (listing)
47.3 mln USD

Shares: yahoo_fundamentals_timeseries/TRMD

Financial results

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31FY 2025 (12M)PARTIAL1339.5
y/y -14.1%
356.3
y/y -45.9%
214.5
y/y 11.7%
570.8
y/y -32.9%
286.0
y/y -53.2%
498.9-310.33367.0
y/y -3.0%
2202.6
y/y 6.2%
13.4%845.0Yahoo Finance
2024-12-31FY 2024 (12M)PARTIAL1559.2
y/y 2.6%
658.8
y/y -5.7%
192.0
y/y 28.6%
850.8
y/y 0.3%
611.5
y/y -5.6%
826.8-583.53469.6
y/y 20.9%
2074.0
y/y 24.6%
32.7%963.0Yahoo Finance
2023-12-31FY 2023 (12M)PARTIAL1520.4
y/y —
698.6
y/y —
149.3
y/y —
847.9
y/y —
648.0
y/y —
805.0-510.32870.1
y/y —
1664.1
y/y —
—800.7Yahoo Finance

Net debt structure (leases included, IFRS 16) 2025-12-31

Short-term debt (incl. ST leases)289
Long-term debt (incl. LT leases)714
− Cash & equivalents158
Net debt845

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

05001 0001 5002023 FY2024 FY2025 FY

Year-over-year change

-40%-30%-20%-10%0%2023 FY2024 FY2025 FY

Cash flow

FCF ($ mln)

01002003004002023 FY2024 FY2025 FY

Net debt / cash ($ mln)

02004006008001 0002023 FY2024 FY2025 FY

Profit and cash

Profit is cash-backed
In a typical year of 2021–2025 operating cash flow came to 1.30x of reported net profit; after capex, 0.56x. Loss years (2021) are left out of the ratio.
year20212022202320242025
cash flow / profit—0.89x1.24x1.35x1.74x
accruals, % of assets-3.9%2.3%-5.5%-6.2%-6.3%
Last twelve months (to 2025-12-31): 1.74x of profit came back as operating cash flow.
net debt / EBITDA 1.5x · capex 1.9x of depreciation
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth -14% vs +3% the year before — a -16.6 pp move. 3-year CAGR -2%.
revenue growth by year: 2023 +5% · 2024 +3% · 2025 -14%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-09-092.4 USDEx-dividend: 2.4 USD per sharePaidYahoo Finance (ex-div)
2026-05-270.7 USDEx-dividend: 0.7 USD per sharePaidYahoo Finance (ex-div)
2026-03-110.7 USDEx-dividend: 0.7 USD per sharePaidYahoo Finance (ex-div)
2025-11-190.62 USDEx-dividend: 0.62 USD per sharePaidYahoo Finance (ex-div)
2025-08-210.4 USDEx-dividend: 0.4 USD per sharePaidYahoo Finance (ex-div)
2025-05-210.4 USDEx-dividend: 0.4 USD per sharePaidYahoo Finance (ex-div)
2025-03-190.6 USDEx-dividend: 0.6 USD per sharePaidYahoo Finance (ex-div)
2024-11-201.2 USDEx-dividend: 1.2 USD per sharePaidYahoo Finance (ex-div)
2024-08-281.8 USDEx-dividend: 1.8 USD per sharePaidYahoo Finance (ex-div)
2024-05-211.5 USDEx-dividend: 1.5 USD per sharePaidYahoo Finance (ex-div)
2024-04-151.36 USDEx-dividend: 1.36 USD per sharePaidYahoo Finance (ex-div)
2023-11-211.46 USDEx-dividend: 1.46 USD per sharePaidYahoo Finance (ex-div)
2023-08-281.5 USDEx-dividend: 1.5 USD per sharePaidYahoo Finance (ex-div)
2023-05-221.46 USDEx-dividend: 1.46 USD per sharePaidYahoo Finance (ex-div)
2023-03-242.59 USDEx-dividend: 2.59 USD per sharePaidYahoo Finance (ex-div)
2022-11-221.46 USDEx-dividend: 1.46 USD per sharePaidYahoo Finance (ex-div)
2022-08-310.58 USDEx-dividend: 0.58 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of TORM (TRMD) — from primary filings.

Frequently asked questions

What is TORM (TRMD)'s P/E ratio?
TORM (TRMD) trades at a P/E of 12.4x (price to trailing 12-month earnings).
What is TORM (TRMD)'s EV/EBITDA?
TORM (TRMD) trades at 7.7x EV/EBITDA.
What is TORM (TRMD)'s P/B ratio?
TORM (TRMD) trades at a P/B of 1.6x.
What is TORM (TRMD)'s dividend yield?
TORM (TRMD)'s trailing 12-month dividend yield is 12.6%.
What is TORM (TRMD)'s return on equity (ROE)?
TORM (TRMD)'s ROE is 13.4%.
What is TORM (TRMD)'s market capitalization?
TORM (TRMD)'s market cap is 3.6 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map