DHT Valuation

DHT Holdings Inc

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11.030

-0.17(-1.518%)1D

Overview
Forecast
Valuation
Earnings

DHT Relative Valuation

DHT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DHT is overvalued; if below, it's undervalued.

Historical Valuation

DHT Holdings Inc (DHT) is now in the Overvalued zone, suggesting that its current forward PS ratio of 4.31 is considered Overvalued compared with the five-year average of -32.06. The fair price of DHT Holdings Inc (DHT) is between 8.18 to 10.42 according to relative valuation methord. Compared to the current price of 11.20 USD , DHT Holdings Inc is Overvalued By 7.48%.

Relative Value

Fair Zone

8.18-10.42

Current Price：11.20

7.48%

Overvalued

9.58

Trailing

Forward

6.45

EV/EBITDA

DHT Holdings Inc. (DHT) has a current EV/EBITDA of 6.45. The 5-year average EV/EBITDA is 7.18. The thresholds are as follows: Strongly Undervalued below 3.33, Undervalued between 3.33 and 5.26, Fairly Valued between 9.11 and 5.26, Overvalued between 9.11 and 11.04, and Strongly Overvalued above 11.04. The current Forward EV/EBITDA of 6.45 falls within the Historic Trend Line -Fairly Valued range.

9.10

EV/EBIT

DHT Holdings Inc. (DHT) has a current EV/EBIT of 9.10. The 5-year average EV/EBIT is 44.09. The thresholds are as follows: Strongly Undervalued below -233.26, Undervalued between -233.26 and -94.58, Fairly Valued between 182.76 and -94.58, Overvalued between 182.76 and 321.43, and Strongly Overvalued above 321.43. The current Forward EV/EBIT of 9.10 falls within the Historic Trend Line -Fairly Valued range.

4.31

DHT Holdings Inc. (DHT) has a current PS of 4.31. The 5-year average PS is 3.86. The thresholds are as follows: Strongly Undervalued below 2.79, Undervalued between 2.79 and 3.32, Fairly Valued between 4.40 and 3.32, Overvalued between 4.40 and 4.94, and Strongly Overvalued above 4.94. The current Forward PS of 4.31 falls within the Historic Trend Line -Fairly Valued range.

6.94

P/OCF

DHT Holdings Inc. (DHT) has a current P/OCF of 6.94. The 5-year average P/OCF is 6.47. The thresholds are as follows: Strongly Undervalued below 0.38, Undervalued between 0.38 and 3.43, Fairly Valued between 9.52 and 3.43, Overvalued between 9.52 and 12.56, and Strongly Overvalued above 12.56. The current Forward P/OCF of 6.94 falls within the Historic Trend Line -Fairly Valued range.

-11.40

P/FCF

DHT Holdings Inc. (DHT) has a current P/FCF of -11.40. The 5-year average P/FCF is 6.35. The thresholds are as follows: Strongly Undervalued below -26.53, Undervalued between -26.53 and -10.09, Fairly Valued between 22.79 and -10.09, Overvalued between 22.79 and 39.24, and Strongly Overvalued above 39.24. The current Forward P/FCF of -11.40 falls within the Undervalued range.

DHT Holdings Inc (DHT) has a current Price-to-Book (P/B) ratio of 1.65. Compared to its 3-year average P/B ratio of 1.59 , the current P/B ratio is approximately 3.88% higher. Relative to its 5-year average P/B ratio of 1.31, the current P/B ratio is about 25.86% higher. DHT Holdings Inc (DHT) has a Forward Free Cash Flow (FCF) yield of approximately 10.11%. Compared to its 3-year average FCF yield of 8.55%, the current FCF yield is approximately 18.33% lower. Relative to its 5-year average FCF yield of 12.35% , the current FCF yield is about -18.12% lower.

1.65

P/B

Median3y

1.59

Median5y

1.31

10.11

FCF Yield

Median3y

8.55

Median5y

12.35

Competitors Valuation Multiple

The average P/S ratio for DHT's competitors is 2.27, providing a benchmark for relative valuation. DHT Holdings Inc Corp (DHT) exhibits a P/S ratio of 4.31, which is 89.52% above the industry average. Given its robust revenue growth of -15.16%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

ZIM Integrated Shipping Services Ltd

Golden Ocean Group Ltd

International Seaways Inc

Performance Decomposition

Market capitalization of DHT increased by 7.29% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 29.42 to 43.67.

The secondary factor is the Revenue Growth, contributed -15.16%to the performance.

Overall, the performance of DHT in the past 1 year is driven by Margin Expansion. Which is more sustainable.

-15.16%

151.24M → 128.32M

Revenue Growth

48.44%

29.42 → 43.67

Margin Expansion

-25.99%

12.94 → 9.57

P/E Change

7.29%