Financials DHT Holdings, Inc.

Equities

DHT

MHY2065G1219

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-05-24 pm EDT 5-day change 1st Jan Change
12.21 USD +0.66% Intraday chart for DHT Holdings, Inc. -2.24% +24.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,216 893.3 865.1 1,444 1,579 1,957 - -
Enterprise Value (EV) 1 1,999 1,275 1,327 1,715 1,933 2,236 2,192 2,244
P/E ratio 16.2 x 3.25 x -74.1 x 24 x 9.91 x 8.83 x 6.92 x 7.16 x
Yield 5.68% 20.7% 1.93% 5.41% 10.1% 11.4% 15.9% 15.5%
Capitalization / Revenue 3.5 x 1.62 x 4.25 x 5.45 x 4.05 x 4.27 x 3.82 x 3.71 x
EV / Revenue 5.75 x 2.32 x 6.52 x 6.47 x 4.95 x 4.88 x 4.27 x 4.25 x
EV / EBITDA 7.86 x 2.83 x 11.7 x 9.64 x 6.4 x 6.14 x 5.23 x 5.21 x
EV / FCF 19.5 x 2.53 x -51.1 x 7.19 x 15.7 x 8.84 x 8.2 x 50 x
FCF Yield 5.13% 39.5% -1.96% 13.9% 6.37% 11.3% 12.2% 2%
Price to Book 1.3 x 0.81 x 0.82 x 1.37 x 1.54 x 1.93 x 1.91 x 1.96 x
Nbr of stocks (in thousands) 146,809 170,798 166,688 162,653 161,000 161,329 - -
Reference price 2 8.280 5.230 5.190 8.880 9.810 12.21 12.21 12.21
Announcement Date 2/5/20 2/8/21 2/8/22 2/8/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 347.6 550.5 203.4 264.9 390.4 458.4 512.8 527.4
EBITDA 1 254.5 450.4 113.7 177.9 302 364.4 419.1 430.9
EBIT 1 138.9 326.2 -14.95 54.69 193.1 250.2 304.2 312
Operating Margin 39.95% 59.25% -7.35% 20.65% 49.46% 54.59% 59.32% 59.16%
Earnings before Tax (EBT) 1 73.81 267.2 -11.15 62.57 162 223.9 291.9 275
Net income 1 73.68 266.3 -11.52 61.52 161.4 223.8 269.3 275.2
Net margin 21.2% 48.37% -5.66% 23.23% 41.33% 48.83% 52.52% 52.18%
EPS 2 0.5100 1.610 -0.0700 0.3700 0.9900 1.383 1.765 1.704
Free Cash Flow 1 102.6 503.2 -25.95 238.4 123.2 253 267.1 44.9
FCF margin 29.52% 91.4% -12.76% 90.01% 31.55% 55.18% 52.09% 8.51%
FCF Conversion (EBITDA) 40.32% 111.71% - 133.99% 40.79% 69.42% 63.74% 10.42%
FCF Conversion (Net income) 139.24% 188.97% - 387.56% 76.34% 113.01% 99.18% 16.32%
Dividend per Share 2 0.4700 1.080 0.1000 0.4800 0.9900 1.394 1.938 1.887
Announcement Date 2/5/20 2/8/21 2/8/22 2/8/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 49.27 38.74 54.05 55.34 116.7 93.9 112.9 89.09 94.52 106.3 103.9 107.7 139.5 134.9 107.3
EBITDA 1 32.03 14.4 32.52 35.61 95.41 71.95 89.75 67.42 72.89 83.67 80.4 84.05 116.2 106.7 81.5
EBIT 1 -0.718 -18.65 0.204 5.412 67.72 46.22 63.38 39.09 44.42 55.42 51.8 55.55 87.28 83.56 55.25
Operating Margin -1.46% -48.13% 0.38% 9.78% 58.01% 49.22% 56.13% 43.88% 46.99% 52.11% 49.88% 51.56% 62.58% 61.96% 51.5%
Earnings before Tax (EBT) 1 -2.765 -17.16 10.1 7.703 61.93 38.23 57.18 31.1 35.53 47.28 44.63 41.97 89.79 94.5 59.5
Net income 1 -2.9 -17.26 9.72 7.031 62.02 38.18 57.06 30.76 35.36 46.89 43.42 48.98 84.17 94.5 59.5
Net margin -5.89% -44.54% 17.98% 12.7% 53.13% 40.66% 50.54% 34.53% 37.41% 44.09% 41.81% 45.46% 60.35% 70.07% 55.46%
EPS 2 -0.0200 -0.1000 0.0600 0.0400 0.3800 0.2300 0.3500 0.1900 0.2200 0.2900 0.2666 0.3047 0.5199 0.5067 0.3300
Dividend per Share 2 0.0200 0.0200 0.0400 0.0400 0.3800 0.2300 0.3500 - 0.2200 - 0.2733 0.3384 0.5549 0.5750 0.3700
Announcement Date 2/8/22 5/9/22 8/10/22 11/7/22 2/8/23 5/3/23 8/7/23 11/6/23 2/6/24 5/14/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 784 381 462 271 354 279 235 287
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.08 x 0.8466 x 4.06 x 1.521 x 1.172 x 0.7666 x 0.5604 x 0.6653 x
Free Cash Flow 1 103 503 -26 238 123 253 267 44.9
ROE (net income / shareholders' equity) 8.21% 26.1% -1.07% 5.82% 15.4% 21.8% 28.4% 26%
ROA (Net income/ Total Assets) 3.99% 15.4% -0.71% 3.95% 10.8% 13.5% 20.7% 19.9%
Assets 1 1,846 1,725 1,616 1,559 1,500 1,658 1,301 1,383
Book Value Per Share 2 6.350 6.490 6.300 6.480 6.380 6.340 6.400 6.240
Cash Flow per Share 2 0.9300 3.120 0.3600 0.7800 1.550 2.050 2.060 2.180
Capex 1 53.9 27.1 175 10.1 128 81.7 62.4 271
Capex / Sales 15.5% 4.93% 85.8% 3.83% 32.85% 17.83% 12.17% 51.34%
Announcement Date 2/5/20 2/8/21 2/8/22 2/8/23 2/6/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
12.21 USD
Average target price
14.14 USD
Spread / Average Target
+15.83%
Consensus
  1. Stock Market
  2. Equities
  3. DHT Stock
  4. Financials DHT Holdings, Inc.