Dht Holdings Stock Fair Value – New Jersey Common Pension Fund D Invests in DHT Holdings, in First Quarter
July 29, 2023
🌥️Trending News
The Common Pension Fund D of the State of New Jersey has announced that it has purchased a share in DHT ($NYSE:DHT) Holdings, Inc. during the first quarter of the year. This is a significant investment for the pension fund, as the company is a leading independent owner and operator of crude oil tankers. The company’s leading position in the industry has been further strengthened by its recent merger with BW Group Limited, which has enabled it to expand its fleet and reach new markets.
Share Price
On Tuesday, DHT Holdings, Inc., a leading owner and operator of crude oil tankers, saw its stock open at $9.1 and close at $9.3, representing an increase of 3.3% from its previous closing price of $9.0. The details of this investment have not yet been released, though it is clear that the fund believes in the potential of DHT Holdings to deliver strong returns to its investors. With a robust fleet of vessels and extensive international presence, the company has proven to be a reliable source of income for investors. As such, this latest investment is a vote of confidence for the company and its strategy going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dht Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 510.31 | 116.95 | 17.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dht Holdings. More…
| Operations | Investing | Financing |
| 188.64 | 98 | -227.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dht Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.48k | 426.98 | 6.42 |
Key Ratios Snapshot
Some of the financial key ratios for Dht Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.0% | -15.8% | 28.5% |
| FCF Margin | ROE | ROA |
| 32.5% | 8.6% | 6.2% |
Analysis – Dht Holdings Stock Fair Value
At GoodWhale, we believe an effective strategy for any investor is to analyze the fundamentals of the asset they are interested in. As such, we have taken a closer look at DHT HOLDINGS‘s fundamentals in order to provide you with an idea of its intrinsic value. Our proprietary Valuation Line indicates that the intrinsic value of DHT HOLDINGS share is around $8.7. This means that the current price of DHT HOLDINGS stock, which is at $9.3, is slightly overvalued by 7.2%. Therefore, if you’re looking to invest in this company, it may be best for you to wait until the market corrects and the stock is priced closer to its intrinsic value. More…
Peers
DHT Holdings, Inc. is an American crude tanker company. The company is headquartered in Hamilton, Bermuda, and has offices in the United States, Norway, and Singapore. DHT’s common shares trade on the New York Stock Exchange (NYSE) under the ticker symbol “DHT.” DHT’s competitors include International Seaways Inc, S-Oil Corp, and Euronav NV.
– International Seaways Inc ($NYSE:INSW)
As of 2022, International Seaways Inc has a market cap of 2.13B and a Return on Equity of 9.23%. The company is engaged in the ocean transportation of crude oil and petroleum products.
– S-Oil Corp ($KOSE:010950)
S-Oil Corp is a South Korean oil refining and marketing company with a market cap of 10.31T as of 2022. The company has a Return on Equity of 29.86%. S-Oil Corp is involved in the exploration, development, production, and marketing of crude oil and natural gas.
– Euronav NV ($NYSE:EURN)
Euronav NV is a Belgium-based seaborne transportation company engaged in the ocean transportation and storage of crude oil and petroleum products. The Company operates a modern fleet of Very Large Crude Carriers (VLCCs), which are double-hulled tankers used to transport crude oil and other petroleum products, and Ultra Large Crude Carriers (ULCCs), which are the largest tankers in the world. Euronav NV has a market cap of 3.72B as of 2022 and a Return on Equity of -1.25%. The company is engaged in the ocean transportation and storage of crude oil and petroleum products.
Summary
Investors should consider DHT Holdings, Inc. as an attractive investment opportunity. Analysts believe that DHT Holdings, Inc. is well-positioned to continue to outperform the market with its strong balance sheet and steady revenue growth. The company has a diverse portfolio of assets, including vessels, oil rigs, and others, giving it a wide range of investment opportunities. Additionally, the company has a history of returning profits to shareholders through dividends, making it a good candidate for long-term portfolio growth.
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