Of note is the ratio of DHT Holdings Inc's sales and general administrative expense to its total operating expenses; merely 5.68% of US stocks have a lower such ratio.
Revenue growth over the past 12 months for DHT Holdings Inc comes in at 46.55%, a number that bests 88.91% of the US stocks we're tracking.
DHT Holdings Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 15.67%, greater than the shareholder yield of 86.4% of stocks in our set.
If you're looking for stocks that are quantitatively similar to DHT Holdings Inc, a group of peers worth examining would be DNR, EQM, NOG, CZR, and CLI.
DHT Holdings is engaged in the ownership and operation of a fleet of crude oil carriers. The company was incorporated in 2005 and is based in Hamilton, Bermuda.
DHT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for DHT Holdings Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that DHT Holdings Inc ranked in the 61th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 71.5%. The most interesting components of our discounted cash flow analysis for DHT Holdings Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 2.33 -- which is good for besting 65.42% of its peer stocks (US stocks in the Energy sector with positive cash flow).
The business' balance sheet reveals debt to be 47% of the company's capital (with equity being the remaining amount). Approximately 68.48% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
DHT Holdings Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 22.26% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
REGI, EPD, CVI, DLNG, and KOS can be thought of as valuation peers to DHT, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
DHT Holdings, Inc. (DHT) (the “Company”) announced that, in connection with the effect of the previously announced cash dividend of $0.35 per share of common stock to be paid on May 26, 2020 to stockholders of record as of the close of business on May 19, 2020, the conversion price (the “Conversion Price”) of the Company’s 4.5% Convertible Senior Notes due 2021 (the “Notes”) was adjusted, effective May 18, 2020. The Conversion Price was adjusted from $5.6468 per share to $5.3470 per share, which represents a conversion rate of approximately 187.0208 shares of common stock per $1,000 principal amount of Notes. A detailed calculation of the adjustment to the Conversion Price can be found in the “Investor Relations” section of our website www.dhtankers.com.
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