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Posted by
Two Blokes May 18, 2025 -
Filed in
Stock
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6 views
I reiterate my buy rating on TORM, as shares remain materially undervalued despite ongoing macroeconomic and geopolitical uncertainty. TORM delivered solid Q1 results with stabilized freight rates, strong free cash flow, and a $0.40 dividend, supporting cautious optimism for 2025. Valuation remains attractive with a low P/E and high FCF yield, even after revising my intrinsic value lower due to weaker EPS outlook.