As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is DHT Holdings Inc (NYSE: DHT).
DHT Holdings Inc is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC segment. It generates revenues from time charter and spot market operations. Its fleet consists of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.
A quick look at the share price history for DHT Holdings (below) over the past twelve months shows that the price is up 27%. Here’s why the company is undervalued.
Summary
Market Cap: $924 Million
Enterprise Value: $1.34 Billion
Operating Earnings
Operating Earnings: $393 Million
Acquirer’s Multiple
Acquirer’s Multiple: 3.42
Free Cash Flow (TTM)
Free Cash Flow: $462 Million
FCF/EV Yield
FCF/EV Yield: 34%
Other Indicators
Piotroski F-Score: 8
Altman Z-Score: 2.17
Beneish M-Score: -2.68
Shareholder Yield
Shareholder Yield: 14%
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple: