# DHT Holdings Inc. (DHT) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $20.87, market value $3.4 billion.

## Valuation
- **P/E (trailing): 7.1×** (5-yr avg 10.6×, 3-yr avg 8.2×). DHT Holdings Inc. trades at 7.1× trailing earnings, well below its own five-year average of 10.6×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 11.1×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.65**. A PEG of 0.65 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 4.7×**. Each dollar of revenue is priced at 4.7×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.2×**. Enterprise value is 6.2× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 1.1%** (5-yr avg 9.4%). Free cash flow equals 1.1% of the market value, below its five-year average of 9.4%, so the shares are pricier on cash than usual.
- **Earnings yield: 14.1%**. The inverse of the P/E: 14.1% of the price is earned each year.

## Profitability
- **Gross margin: 59.5%**. DHT Holdings Inc. keeps 59.5% of revenue after the direct cost of what it sells.
- **Operating margin: 56.8%**. 56.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 42.3%**. 42.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.6%**. 18.6% on shareholders' equity is solid.
- **Return on invested capital: 28.4%**. Return on all capital, debt included, is 28.4%: comfortably above what that capital costs.
- **Return on assets: 29.6%**. Each dollar of assets produces 29.6% of profit.

## Growth
- **Revenue growth (1 yr): -12.8%** (3-yr 3.1%/yr, 5-yr -6.3%/yr). Revenue fell 12.8% over the last year, against -6.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 17.0%** (3-yr 52.4%/yr, 5-yr -4.0%/yr). Earnings per share rose 17.0%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.34**. Debt is 0.34 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 26.2×**. Operating profit covers interest 26.2× over, a safe margin.
- **Altman Z-score: 6.06**. A Z-score of 6.06 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 23.38%** ($2.45 per share, trailing). DHT Holdings Inc. yields 23.38%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 56%** (662% of free cash flow). 56% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): -11.3%/yr** (1-yr -26.0%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover DHT Holdings Inc.; the consensus is buy, with an average price target of $20.52 (-2% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 80.7%** (YTD 81.6%, 3-mo 25.3%). The shares are up 80.7% over twelve months including dividends.
- **From 52-week high: -1.0%** (92.7% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 0.36** (volatility 37%). Beta of 0.36 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DHT · Page: https://foliofundamentals.com/stocks/dht

Not investment advice.