DHT Holdings Inc
NYSE:DHT

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DHT Holdings Inc
NYSE:DHT
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Price: 11.58 USD 0.7% Market Closed
Market Cap: 1.9B USD

Relative Value

The Relative Value of one DHT stock under the Base Case scenario is 14.67 USD. Compared to the current market price of 11.58 USD, DHT Holdings Inc is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DHT Relative Value
Base Case
14.67 USD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
4
vs Industry
27
Median 3Y
2.9
Median 5Y
2.6
Industry
1.2
Forward
4.7
vs History
23
vs Industry
22
Median 3Y
9.5
Median 5Y
7.9
Industry
10.2
Forward
9.3
vs History
44
vs Industry
22
Median 3Y
6.7
Median 5Y
6
Industry
4.7
vs History
14
vs Industry
18
Median 3Y
12.3
Median 5Y
6.6
Industry
10
vs History
3
vs Industry
25
Median 3Y
1.5
Median 5Y
1.1
Industry
1.1
vs History
23
vs Industry
29
Median 3Y
3.5
Median 5Y
3.4
Industry
1.8
Forward
5.2
vs History
28
vs Industry
30
Median 3Y
6.4
Median 5Y
6.1
Industry
4.6
vs History
30
vs Industry
26
Median 3Y
6.8
Median 5Y
6.4
Industry
5.9
Forward
6.9
vs History
15
vs Industry
22
Median 3Y
9.9
Median 5Y
8.7
Industry
8.5
Forward
9.6
vs History
49
vs Industry
26
Median 3Y
7.9
Median 5Y
7
Industry
6.3
vs History
36
vs Industry
24
Median 3Y
12
Median 5Y
10.4
Industry
10.4
vs History
3
vs Industry
24
Median 3Y
1.3
Median 5Y
1
Industry
0.9

Multiples Across Competitors

DHT Competitors Multiples
DHT Holdings Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
DHT Holdings Inc
NYSE:DHT
1.9B USD 3.4 10.4 7.7 13.2
CA
Enbridge Inc
TSX:ENB
139.6B CAD 2.3 23.7 14.8 22.4
US
Williams Companies Inc
NYSE:WMB
74.1B USD 6.9 32.4 17.3 28.7
US
Enterprise Products Partners LP
NYSE:EPD
67.6B USD 1.2 11.6 10.2 13.8
US
Kinder Morgan Inc
NYSE:KMI
62.9B USD 4.1 24.5 13.8 21.4
US
Energy Transfer LP
NYSE:ET
60.8B USD 0.7 13.3 8.3 12.9
US
Cheniere Energy Inc
NYSE:LNG
54.7B USD 3.2 17.5 10.4 12.6
CA
TC Energy Corp
TSX:TRP
73.2B CAD 5.6 16.7 15.3 22.6
US
MPLX LP
NYSE:MPLX
52.3B USD 4.3 11.8 10.4 12.9
US
ONEOK Inc
NYSE:OKE
51B USD 2 16.8 12.4 15.4
US
Targa Resources Corp
NYSE:TRGP
35.8B USD 2.2 29.8 12.7 19.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
DHT Holdings Inc
NYSE:DHT
Average EV/EBITDA: 12.1
7.7
18%
0.4
CA
Enbridge Inc
TSX:ENB
14.8
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.3
18%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.2
6%
1.7
US
Kinder Morgan Inc
NYSE:KMI
13.8
10%
1.4
US
Energy Transfer LP
NYSE:ET
8.3
8%
1
US
Cheniere Energy Inc
NYSE:LNG
10.4
0%
N/A
CA
TC Energy Corp
TSX:TRP
15.3
13%
1.2
US
MPLX LP
NYSE:MPLX
10.4
7%
1.5
US
ONEOK Inc
NYSE:OKE
12.4
14%
0.9
US
Targa Resources Corp
NYSE:TRGP
12.7
12%
1.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
DHT Holdings Inc
NYSE:DHT
Average EV/EBIT: 17.8
13.2
26%
0.5
CA
Enbridge Inc
TSX:ENB
22.4
11%
2
US
Williams Companies Inc
NYSE:WMB
28.7
22%
1.3
US
Enterprise Products Partners LP
NYSE:EPD
13.8
6%
2.3
US
Kinder Morgan Inc
NYSE:KMI
21.4
9%
2.4
US
Energy Transfer LP
NYSE:ET
12.9
9%
1.4
US
Cheniere Energy Inc
NYSE:LNG
12.6
-1%
N/A
CA
TC Energy Corp
TSX:TRP
22.6
15%
1.5
US
MPLX LP
NYSE:MPLX
12.9
7%
1.8
US
ONEOK Inc
NYSE:OKE
15.4
13%
1.2
US
Targa Resources Corp
NYSE:TRGP
19.7
15%
1.3