About DHT Holdings
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons.
The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.
DHT operates in the Transportation, Communications, Electric, Gas, And Sanitary Services | Transportation | approximately 20 employees | led by CEO Svein M. Harfjeld.
$1.5 billion 4.1x P/E 1.4x P/B 5.6x EV/EBITDA 17.5% ROE 2.0% rev. growth 10.9% yield
DHT Holdings earns a Buy rating from our quantitative model with a composite score of 74/100, ranking #30 among 7,333 U.S. stocks. The model sees a stock with an above-average factor profile — not without risks, but with enough quantitative support to warrant a constructive outlook.
The strongest dimension is value at 88/100, which places DHT in the top 12 percent of all stocks on this measure. quality at 84/100 provides secondary support. No single factor falls below the average threshold, which is a constructive sign.
Within the Transportation, Communications, Electric, Gas, And Sanitary Services sector, DHT ranks 7th out of 50 peers, placing it in the 86th percentile. At $1.5 billion, the company is a small-cap stock with higher potential but also higher risk.
Quality Analysis
DHT Holdings's quality score of 84/100 places it among the top profitability performers in the market. The quality factor evaluates margins, return on equity, return on assets, and earnings consistency — the fundamental building blocks of a durable business.
Return on equity of 17.5% exceeds the sector median of 12.0%. Gross margins of 54.8% reflect strong pricing power and competitive moats. Operating margins of 36.8% sit above the 15.0% sector average.
Net margins of 31.7% demonstrate that the company efficiently converts revenue into bottom-line profit.
Valuation Assessment
A value score of 88/100 puts DHT in the top 12 percent of all stocks on cheapness — suggesting the market is significantly underpricing the company's fundamentals. Key valuation metrics include a P/E ratio of 4.1x, an EV/EBITDA of 5.6x, a price-to-book of 1.4x, a price-to-sales of 2.6x. Deep value scores like this historically correlate with above-average forward returns, though they can also reflect legitimate concerns about business quality that the value factor does not capture.
Momentum & Timing
A momentum score of 73/100 shows DHT is trending above average, with its stock price outperforming the majority of the market. This is not explosive, meme-stock-style momentum — it is the gradual, fundamental-driven kind that tends to persist.
Revenue growth of 2.0% provides a moderate fundamental underpinning. A beta of 0.29 means DHT Holdings moves with less volatility than the market, which can be attractive for risk-conscious investors.
Our entry timing model currently signals Favorable, which warrants caution despite the price trend.
Risk Factors
No investment comes without risks, and honest analysis requires flagging them clearly:
- Model limitations. Quantitative models measure what is measurable — financial ratios, price trends, leverage — but cannot capture qualitative factors like management quality, competitive positioning, or pending litigation. This analysis should be supplemented with fundamental due diligence.
- Market regime risk. Factor-based strategies perform differently across market regimes. The current factor exposures that support DHT Holdings's rating may become headwinds if the macro environment shifts — for example, if interest rates move sharply or if sector rotation accelerates.
Bottom Line
DHT Holdings earns a Buy rating with a composite score of 74/100 and 4 out of 5 stars, ranking #30 among 7,333 stocks. The factor profile is constructive — not without blemishes, but with enough quantitative support to position DHT above the majority of the market.
Explore the full DHT analysis page for interactive factor breakdowns, or view the complete stock rankings.
Analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.
