DHT Statistics

Share Statistics

DHT has 160.8M shares outstanding. The number of shares has increased by -0.41% in one year.

Shares Outstanding	160.8M
Shares Change (YoY)	-0.41%
Shares Change (QoQ)	0.15%
Owned by Institutions (%)	60.67%
Shares Floating	133.8M
Failed to Deliver (FTD) Shares	500
FTD / Avg. Volume	0.03%

Short Selling Information

The latest short interest is 4.26M, so 2.66% of the outstanding shares have been sold short.

Short Interest	4.26M
Short % of Shares Out	2.66%
Short % of Float	3.75%
Short Ratio (days to cover)	1.86

Valuation Ratios

The PE ratio is 8.26 and the forward PE ratio is 7.39. DHT's PEG ratio is 0.63.

PE Ratio	8.26
Forward PE	7.39
PS Ratio	2.62
Forward PS	3.9
PB Ratio	1.44
P/FCF Ratio	7.43
PEG Ratio	0.63

Financial Ratio History

Enterprise Valuation

DHT has an Enterprise Value (EV) of 1.83B.

EV / Sales	3.2
EV / EBITDA	5.65
EV / EBIT	6.13
EV / FCF	9.08

Financial Position

The company has a current ratio of 1.84, with a Debt / Equity ratio of 0.4.

Current Ratio	1.84
Quick Ratio	1.5
Debt / Equity	0.4
Debt / EBITDA	1.27
Debt / FCF	2.04
Interest Coverage	6.93

Financial Efficiency

Return on Equity is 17.47% and Return on Invested Capital is 14.41%.

Return on Equity	17.47%
Return on Assets	12.2%
Return on Invested Capital	14.41%
Revenue Per Employee	$618.8K
Profits Per Employee	$196.3K
Employee Count	924
Asset Turnover	0.38
Inventory Turnover	6.85

Taxes

Income Tax	608K
Effective Tax Rate	0.33%

Stock Price Statistics

The stock price has increased by -0.34% in the last 52 weeks. The beta is -0.03, so DHT's price volatility has been lower than the market average.

Beta	-0.03
52-Week Price Change	-0.34%
50-Day Moving Average	11.81
200-Day Moving Average	11.04
Relative Strength Index (RSI)	44.41
Average Volume (20 Days)	1,534,222

Income Statement

In the last 12 months, DHT had revenue of 571.77M and earned 181.38M in profits. Earnings per share was 1.12.

Revenue	571.77M
Gross Profit	313.56M
Operating Income	210.64M
Net Income	181.38M
EBITDA	324.35M
EBIT	212.47M
Earnings Per Share (EPS)	1.12

Full Income Statement

Balance Sheet

The company has 78.14M in cash and 410.81M in debt, giving a net cash position of -332.67M.

Cash & Cash Equivalents	78.14M
Total Debt	410.81M
Net Cash	-332.67M
Retained Earnings	-186.32M
Total Assets	1.43B
Working Capital	110.42M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 298.65M and capital expenditures -97.03M, giving a free cash flow of 201.62M.

Operating Cash Flow	298.65M
Capital Expenditures	-97.03M
Free Cash Flow	201.62M
FCF Per Share	1.25

Full Cash Flow Statement

Margins

Gross margin is 54.84%, with operating and profit margins of 36.84% and 31.72%.

Gross Margin	54.84%
Operating Margin	36.84%
Pretax Margin	31.84%
Profit Margin	31.72%
EBITDA Margin	56.73%
EBIT Margin	36.84%
FCF Margin	35.26%

Dividends & Yields

DHT pays an annual dividend of $1.05, which amounts to a dividend yield of 7.09%.

Dividend Per Share	$1.05
Dividend Yield	7.09%
Dividend Growth (YoY)	-22.73%
Payout Ratio	92.11%
Earnings Yield	12.1%
FCF Yield	13.45%

Dividend Details

Analyst Forecast

The average price target for DHT is $14, which is 18% higher than the current price. The consensus rating is "Buy".

Price Target	$14
Price Target Difference	18%
Analyst Consensus	Buy
Analyst Count	4

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$5.6
Lynch Upside	-52.78%
Graham Number	12.76
Graham Upside	7.59%

Stock Splits

The last stock split was on Jul 17, 2012. It was a backward split with a ratio of 1:12.

Last Split Date	Jul 17, 2012
Split Type	backward
Split Ratio	1:12

Scores

Altman Z-Score	4.29
Piotroski F-Score	7

DHT Inc. (DHT)