Toro Corp Stock Intrinsic Value – TORO Corp Completes Sale of M/T Wonder Formosa
December 18, 2023
🌥️Trending News
TORO ($NASDAQ:TORO) Corp has recently completed the sale of the M/T Wonder Formosa. TORO Corp is an international energy and shipping services group. It operates a modern fleet of vessels across the globe, ranging from oil tankers, bulk carriers, and offshore support vessels. TORO is based in the Netherlands and listed on the Oslo Stock Exchange. The sale is part of a larger restructuring effort by the company, which is set to focus more on optimizing its fleet performance and offering greater value to its customers.
The sale of the M/T Wonder Formosa marks an important milestone in TORO’s commitment to serving its clients and increasing efficiency. The company is committed to staying ahead of the ever-changing energy landscape by continuing to invest in modern vessels and implementing cutting-edge technologies.
Stock Price
This news caused their stock prices to rise by 4.2% from the previous closing price of 4.1 to 4.3, opening at $4.1 and closing at $4.3. This sale is expected to bring in a substantial amount of revenue for the company, and investors are optimistic about the future of TORO CORP. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Toro Corp. More…
| Total Revenues | Net Income | Net Margin |
| 104.57 | 135.01 | 60.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Toro Corp. More…
| Operations | Investing | Financing |
| 77.16 | 3.17 | -5.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Toro Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 281.19 | 12.9 | 13.97 |
Key Ratios Snapshot
Some of the financial key ratios for Toro Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 132.8% |
| FCF Margin | ROE | ROA |
| 4.7% | 34.6% | 30.9% |
Analysis – Toro Corp Stock Intrinsic Value
At GoodWhale, we conducted a thorough analysis of the fundamentals of TORO CORP. After our detailed examination, we have determined that the fair value of a TORO CORP share is around $3.8, calculated using our proprietary Valuation Line. Currently, TORO CORP stock is trading at a price of $4.3, which is slightly overvalued by 12.0%. More…
Peers
It competes with other major international players such as Hafnia Ltd, Kirby Corp, and Great Eastern Shipping Co Ltd. These companies have established global footprints and expertise in the energy services and related markets, offering a range of products and services to their customers.
– Hafnia Ltd ($BER:1OQ)
Hafnia Ltd is a company that specializes in the transportation industry, offering shipping and logistics services for clients across the globe. The company has a market cap of 2.5 billion as of 2023, which indicates that it is a well-established and financially stable company. Additionally, its return on equity (ROE) is an impressive 27.33%, indicating that Hafnia is able to effectively generate strong returns on its investments. This combination of market cap and ROE has allowed Hafnia to remain competitive in the shipping sector and ensures that the company is well-positioned to continue growing in the future.
– Kirby Corp ($NYSE:KEX)
Kirby Corp is a large consumer products manufacturing company based in the United States. As of 2023, Kirby Corp has a market capitalization of 4 billion dollars, reflecting its success in the consumer goods industry. Furthermore, the company boasts an impressive Return on Equity of 4.35%, showing the company’s ability to generate profits from shareholder investments. Kirby Corp produces a wide range of consumer products including household appliances, electronics, home furnishings, and automotive parts.
– Great Eastern Shipping Co Ltd ($BSE:500620)
Great Eastern Shipping Co Ltd is one of India’s largest private sector shipping companies. It provides a wide range of services in the areas of shipping and offshore oil and gas operations. The company has a market cap of 92.67B as of 2023, indicating that investors value it highly. Its Return on Equity (ROE) of 13.8% is also indicative of a successful and well-run business. This means that the company has generated an impressive return from its shareholders’ equity and is likely to continue to do so in the future.
Summary
TORO Corp is a publicly traded company that has recently seen positive movement in its stock price. This success has led to an increased level of investor confidence in the company, as the revenue from the sale of the vessel was utilized to reduce debt. Additionally, TORO Corp has seen strong performance in their other operations, including the production of high-quality agricultural and turf care equipment. Overall, TORO Corp has seen impressive growth over the past year and is well-positioned for continued success in the future.
