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Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

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Home›Coverage›TRMD
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OverviewValuationQualitySmart moneyFilings
TRMD logo

TRMDTORM plc

Next earnings Aug 26, 2026 · consensus $3.43 EPS, $593M rev

Sell
$29.48
▲ +5.06%
Rating
Sell
Quality
B+
Valuation
Fair value
How to read this →
SellMixed signals in the latest filings.Full call ↓
$29.48▲ +80.83%
over 1Y
L $15.74H $34.05
Our buy Our hold Our sell Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today
+5.1%
1W
+5.3%
1M
+1.0%
3M
+3.0%
YTD
+56.6%
1Y
+80.8%
OverviewValuationQualitySmart moneyFilings
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 11 analysts
Buy

Mixed signals in the latest filings.

This call stands until the filings change it — the engine re-rates on new 10-K/10-Q/8-K facts, never on price moves. Hit Watch above to follow TRMD (Pro alerts fire the moment a rating flips), or catch every change in Saturday’s Flip Side. How to read a call

TORM plc shows limited reported revenue.

On these fundamentals, TRMD screens as SELL on the SEC figures.

Is TRMD a buy? The one-page verdict, explained →

The options angle

model · matches our verdict
Bear put spread~60d expiry
  • Long put 29 @ ~1.66 est
  • Short put 27 @ ~0.87 est
debit $79max +$121max −$79BE 28.21

SELL verdict, defined risk: profits into weakness down to the short strike; max loss is the net debit.

Open in the calculator →
Browse all model plays →

Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.

Financialsannual, by fiscal year

No income data filed.

10-year statements — income, cash flow, balance sheet & CSV export →

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$3.02B
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield—
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt—
Net cash—

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+3.6%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Recent filings

all on EDGAR ↗
6-KPeriod ending 2026-06-302026-06-24open ↗SCHEDULE 13D/AFiling2026-06-23open ↗144Filing2026-06-22open ↗6-KPeriod ending 2026-06-302026-06-02open ↗6-KPeriod ending 2026-05-312026-05-21open ↗4Period ending 2026-05-182026-05-20open ↗6-KPeriod ending 2026-03-312026-05-14open ↗3Period ending 2026-03-182026-05-06open ↗3Period ending 2026-03-182026-04-16open ↗6-KPeriod ending 2026-04-302026-04-15open ↗4Period ending 2026-04-102026-04-10open ↗3Period ending 2026-03-182026-04-09open ↗

Quality score

B+
ValueGrowthProfitHealthMom.
Value—
Growth—
Profitability—
Financial health—
MomentumB+
15.8652-week34.05
Revenue
—
Net margin
—
ROE
—
P/E
—

SEC fundamentals

Frequently asked

Is TORM plc (TRMD) a buy?
TRMD currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
What is TORM plc's quality score?
TRMD scores 77.4740174617575/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001655891, latest 6-K filed 2026-06-24) · EODHD · as of 7/11/2026, 6:42:51 AM.

›About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice

Rule-based analysis, generated automatically from SEC filing data.

Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 11, 2026, 2:42 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Intraday
NVDA$210.96▲4.03%AAPL$315.32▼0.28%GOOGL$357.18▼0.48%GOOG$355.03▼0.34%MSFT$385.10▲0.19%AMZN$245.34▼0.69%TSM$434.11▼0.65%SPCX$145.30▼4.51%AVGO$399.97▼0.28%META$669.21▲5.97%TSLA$407.76▲0.30%MU$979.30▼1.24%LLY$1,188.58▼2.33%BRK-B$493.71▼0.35%BRK-A$739,750.00▼0.17%JPM$336.47▲0.30%WMT$113.90▲1.51%AMD$557.89▲2.04%ASML$1,797.32▼0.38%V$348.97▲0.22%JNJ$256.98▼0.82%XOM$138.88▲1.03%INTC$109.84▼2.40%AMAT$602.50▲2.35%CSCO$121.31▲2.54%MA$526.74▲0.68%LRCX$350.33▼0.80%ABBV$248.08▼0.73%CAT$952.41▲1.49%BAC$59.67▲0.71%
NVDA$210.96▲4.03%AAPL$315.32▼0.28%GOOGL$357.18▼0.48%GOOG$355.03▼0.34%MSFT$385.10▲0.19%AMZN$245.34▼0.69%TSM$434.11▼0.65%SPCX$145.30▼4.51%AVGO$399.97▼0.28%META$669.21▲5.97%TSLA$407.76▲0.30%MU$979.30▼1.24%LLY$1,188.58▼2.33%BRK-B$493.71▼0.35%BRK-A$739,750.00▼0.17%JPM$336.47▲0.30%WMT$113.90▲1.51%AMD$557.89▲2.04%ASML$1,797.32▼0.38%V$348.97▲0.22%JNJ$256.98▼0.82%XOM$138.88▲1.03%INTC$109.84▼2.40%AMAT$602.50▲2.35%CSCO$121.31▲2.54%MA$526.74▲0.68%LRCX$350.33▼0.80%ABBV$248.08▼0.73%CAT$952.41▲1.49%BAC$59.67▲0.71%
Intraday
NVDA$210.96▲4.03%AAPL$315.32▼0.28%GOOGL$357.18▼0.48%GOOG$355.03▼0.34%MSFT$385.10▲0.19%AMZN$245.34▼0.69%TSM$434.11▼0.65%SPCX$145.30▼4.51%AVGO$399.97▼0.28%META$669.21▲5.97%TSLA$407.76▲0.30%MU$979.30▼1.24%LLY$1,188.58▼2.33%BRK-B$493.71▼0.35%BRK-A$739,750.00▼0.17%JPM$336.47▲0.30%WMT$113.90▲1.51%AMD$557.89▲2.04%ASML$1,797.32▼0.38%V$348.97▲0.22%JNJ$256.98▼0.82%XOM$138.88▲1.03%INTC$109.84▼2.40%AMAT$602.50▲2.35%CSCO$121.31▲2.54%MA$526.74▲0.68%LRCX$350.33▼0.80%ABBV$248.08▼0.73%CAT$952.41▲1.49%BAC$59.67▲0.71%
NVDA$210.96▲4.03%AAPL$315.32▼0.28%GOOGL$357.18▼0.48%GOOG$355.03▼0.34%MSFT$385.10▲0.19%AMZN$245.34▼0.69%TSM$434.11▼0.65%SPCX$145.30▼4.51%AVGO$399.97▼0.28%META$669.21▲5.97%TSLA$407.76▲0.30%MU$979.30▼1.24%LLY$1,188.58▼2.33%BRK-B$493.71▼0.35%BRK-A$739,750.00▼0.17%JPM$336.47▲0.30%WMT$113.90▲1.51%AMD$557.89▲2.04%ASML$1,797.32▼0.38%V$348.97▲0.22%JNJ$256.98▼0.82%XOM$138.88▲1.03%INTC$109.84▼2.40%AMAT$602.50▲2.35%CSCO$121.31▲2.54%MA$526.74▲0.68%LRCX$350.33▼0.80%ABBV$248.08▼0.73%CAT$952.41▲1.49%BAC$59.67▲0.71%
Smart money○○○→

Smart moneyinsiders · Congress · funds

○○○

Disclosed smart-money activity in TRMD, but no clear buy consensus.

▼
Corporate insiders
0 open-market buys · 3 sales · last 90 days
Form 4
—
Congress
No disclosed trades
STOCK Act · ~45d lag
—
Institutions
1 tracked fund hold · $675M
13F · quarterly

Different disclosure clocks — Form 4s file within days, Congress PTRs lag up to ~45 days, and 13F holdings are a quarterly snapshot (up to ~4.5 months old). A disclosed-accumulation view, not live correlation.

Insider activityForm 4 · SEC

all insiders →

Last 90 days: 0 open-market buys · 3 sales

2026-05-20
Meldgaard Jacob Balslev
Chief Executive Officer
Exercise
85.1K @ $20.51$1.74M
2026-05-20
Meldgaard Jacob Balslev
Chief Executive Officer
Exercise
85.1K @ $22.47$1.91M
2026-05-20
Meldgaard Jacob Balslev
Chief Executive Officer
Selldiscretionary
170K @ $32.30$5.50M
2026-05-18
Meldgaard Jacob Balslev
Chief Executive Officer
Selldiscretionary
30.6K @ $31.94$977K
2026-05-18
Meldgaard Jacob Balslev
Chief Executive Officer
Selldiscretionary
348K @ $31.94$11.1M

Held by tracked fundsForm 13F · SEC · quarterly

Oaktree Capital ManagementHoward Marks23.8M sh$675M

As of each fund’s latest quarterly 13F — a delayed snapshot, not a live position. All tracked funds →

Ownership stakes

SEC · 13D / 13G
2026-06-23Activist 13D19.9%AmendedOaktree Capital Group Holdings GP, LLCFiling ↗
2026-03-06Activist 13D23.4%AmendedOaktree Capital Group Holdings GP, LLCFiling ↗
2026-01-08Activist 13D26.1%AmendedOaktree Capital Group Holdings GP, LLCFiling ↗
2025-12-23Activist 13D26.1%AmendedOaktree Capital Group Holdings GP, LLCFiling ↗
2025-12-22Activist 13D14.0%Hafnia LtdFiling ↗
2025-11-17Activist 13D40.0%AmendedOaktree Capital Group Holdings GP, LLCFiling ↗

Schedule 13D/13G filings disclosing a >5% stake in the company. A 13D declares intent to engage — read the filing; a 13G is a passive holding. Percent is the percent-of-class stated on the cover page. Source: SEC EDGAR (public domain).

Fails-to-deliver

SEC · settled 2026-06-08
1.42Kshares failed to deliver1.3× median

Aggregate CNS settlement fails on the latest published day, vs this name’s trailing median. From SEC fails-to-deliver data (published twice monthly) — a settlement metric, not short interest.

Dividends

Quarterly
Yield (TTM)
8.2%
Annual / share
$2.42
Last ex-date
2026-05-28
Last amount
$0.70
ex 2026-05-28paid 2026-06-11$0.70
ex 2026-03-12paid 2026-03-25$0.70
ex 2025-11-20paid 2025-12-03$0.62
ex 2025-08-22paid 2025-09-03$0.40
ex 2025-05-22paid 2025-06-04$0.40
ex 2025-03-20paid 2025-04-02$0.60

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Recent news

market news →
Torm PLC - Major Shareholder AnnouncementBearish
finance.yahoo.com· 2026-06-24
Oil hits 3-month low; tanker CEOs cautious on HormuzBullish
seekingalpha.com· 2026-06-16
Frontline CEO sees Hormuz tanker traffic rising quickly if U.S. and Iran strike a dealBearish
seekingalpha.com· 2026-06-12
3 European Dividend Stocks Yielding Up To 7.3%Bullish
finance.yahoo.com· 2026-06-09
Supertanker orders top record set in 2008 in boom driven by Middle East warBearish
seekingalpha.com· 2026-06-08
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive programBearish
finance.yahoo.com· 2026-06-02

Vs tracked universe

compare →

1185 tracked peers · median

TENK Score77 vs 67
Revenue growth— vs 7.6%
Net margin— vs 10.0%
Return on equity— vs 12.0%
P/E— vs 26.5

News sentiment

EODHD · 11d
Bearish
-1.18
vs typical · 18 articles
↓ cooling

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.