TRMD

TORM plc

Industrials · $3.9B market cap

Verdict

Share price

$40.00

close of Oct 3, 2026

Fair value

$17.83

Sticker Price

Payback Price

$7.13

buy price

Overpriced

TRMD is Overpriced: at $40.00 it trades 124% above its fair value of $17.83. Its buy price (Payback Price) is $7.13, 82% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew -1% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth11.5% a year✓
Equity per share growth10.2% a year✓
Sales growth1.7% a year✗
Free cash flow growth20.7% a year✓
Return on invested capital18.4%✓

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Superinvestors

2 of the investors we track hold TRMD. In Q2 2026, 1 opened a position, 1 trimmed and 1 sold out. Who we track

Moves in Q2 2026

New position: Sarah Ketterer

Trimmed: Howard Marks

Sold out: Tweedy Browne

About TORM plc

TORM plc operates as a global product tanker company, focusing on the marine transportation of refined petroleum products, such as gasoline, jet fuel, and naphtha, alongside crude oil. As of March 23, 2022, the company maintained an active fleet of approximately 85 vessels. Established in 1889, its main office is situated in London, United Kingdom.

Marine Shipping

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works