
DHT Holdings Financial Ratios 2025-2011 | DHT
Brief overview of DHT Holdings's market valuation
This overview follows the five latest available observations from 2020 through 2025.
Market valuation is represented by P/E 13.79x (median 11.56x), EV/EBITDA 14.66x (median 14.66x), P/S 5.84x (median 3.33x). The combined multiple level is about 19.3% above the company's historical norm, leaving less valuation cushion.
At the current P/E, inverse earnings yield is 7.3%, a useful bridge between price and business earnings.
End-period return metrics are ROE 18.6%, ROA 13.2%, ROCE 14.7%. Quality ratios send a mostly positive signal: resources are productive, with room for improvement.
The cash cycle accelerated by 16.2 days to 42.8 days. Less capital is tied up in operations.
Overall assessment
DHT Holdings's business looks strong while multiples exceed historical reference points. Investors are pricing in continued momentum.
Annual Financial Ratios DHT Holdings
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
13.8 | 8.4 | 11.6 | 26.9 | -75.7 | 2.6 | 12.4 | -8.9 | 49.4 | 46.5 | 5.1 | 41.7 | -35.8 | -0.6 | -1.7 |
P/S |
5.8 | 2.7 | 3.3 | 3.7 | 2.9 | 1.0 | 1.7 | 1.1 | 0.9 | 1.2 | 1.5 | 3.6 | 1.7 | 0.6 | 0.7 |
EPS |
1.3 | 1.1 | 1.0 | 0.4 | -0.1 | 1.7 | 0.5 | -0.3 | 0.1 | 0.1 | 1.1 | - | - | - | - |
EV (Enterprise Value) |
3.3 B | 1.89 B | 2.25 B | 1.97 B | 1.37 B | 1.15 B | 1.74 B | 1.33 B | 1.05 B | 1.04 B | 1.06 B | 1.24 B | 309 M | 275 M | 367 M |
EBITDA per Share |
1.4 | 1.31 | 1.19 | 0.45 | - | 2.19 | 0.97 | 0.11 | 0.35 | 2.24 | 2.32 | 0.555 | 1.63 | 3.8 | 10.1 |
EV/EBITDA |
14.7 | 9.0 | 11.7 | 26.6 | 4185.4 | 2.5 | 6.5 | 11.8 | 7.6 | 4.9 | 4.8 | 25.4 | 6.2 | 4.3 | 5.8 |
PEG |
- | - | - | - | -0.58 | 0.02 | 0.07 | -0.47 | 2.32 | -0.51 | 0.01 | 0.24 | -0.37 | 0.36 | 0.0 |
P/B |
2.6 | 1.5 | 1.8 | 1.6 | 0.8 | 0.6 | 1.0 | 0.5 | 0.4 | 0.6 | 0.7 | 0.8 | 0.5 | 0.3 | 0.3 |
P/CF |
10.5 | 5.1 | 7.4 | 13.0 | 14.4 | 1.3 | 5.9 | 7.8 | 3.2 | -10.4 | 14.7 | -2.0 | -9.7 | 3.2 | -0.9 |
ROE % |
18.62 | 17.40 | 15.64 | 5.77 | - | 24.01 | 7.90 | -5.45 | 0.71 | 1.35 | 14.27 | 1.91 | -1.45 | -51.96 | -19.51 |
ROA % |
13.16 | 12.21 | 10.82 | 4.11 | -0.72 | 16.42 | 4.03 | -2.52 | 0.38 | 0.66 | 7.40 | 0.94 | -0.92 | -23.53 | -7.98 |
ROCE % |
14.72 | 15.30 | 13.45 | 5.14 | - | 19.92 | 8.18 | 0.94 | 2.63 | 9.41 | 9.93 | -0.34 | 0.38 | 3.45 | 4.77 |
Current Ratio |
3.4 | 3.3 | 3.2 | 3.5 | 2.9 | 3.2 | 2.0 | 1.9 | 2.2 | 2.4 | 4.1 | 3.1 | 25.2 | 5.5 | 1.5 |
DSO |
- | - | - | - | - | - | - | - | - | 35.3 | 40.1 | 69.5 | 71.1 | 52.1 | - |
DIO |
- | - | - | - | - | - | - | - | - | 13.6 | 15.6 | 42.3 | 13.5 | 17.8 | - |
DPO |
- | - | - | - | - | - | - | - | - | 6.2 | 3.3 | 9.7 | - | 10.9 | 2.0 |
Operating Cycle |
- | - | - | - | - | - | - | - | - | 49.0 | 55.6 | 111.8 | 84.6 | 69.9 | - |
Cash Conversion Cycle |
- | - | - | - | - | - | - | - | - | 42.8 | 52.3 | 102.1 | 84.6 | 59.0 | -2.0 |
All numbers in USD currency
Quarterly Financial Ratios DHT Holdings
| 2025-Q4 | 2025-Q3 | 2025-Q2 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
1.31 | 0.28 | - | 1.12 | 0.22 | - | 0.99 | 0.19 | - | - | - | - | - | - | -0.13 | - | - | - | 0.32 | - | - | - | -0.07 | - | - | - | -0.15 | - | - | - | -0.04 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA per Share |
1.4 | 0.29 | - | 1.31 | 0.26 | - | 1.19 | 0.24 | - | - | - | - | - | - | -0.1 | - | - | - | 0.33 | - | - | - | 0.04 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
ROE % |
43.51 | 40.53 | 36.44 | 39.46 | 20.07 | 16.67 | 21.14 | 4.37 | 1.35 | 1.35 | 1.35 | 1.35 | 1.35 | 1.35 | 3.86 | 5.85 | 5.85 | 5.85 | 4.47 | - | - | - | -1.12 | - | - | - | 2.50 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
ROA % |
30.96 | 28.61 | 25.41 | 27.48 | 13.97 | 11.58 | 14.59 | 3.26 | 1.19 | 1.19 | 1.19 | 1.19 | 1.19 | 1.19 | 2.37 | 3.67 | 3.67 | 3.67 | 3.01 | - | - | - | -0.51 | - | - | - | 1.18 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
ROCE % |
36.59 | 35.32 | 31.77 | 34.52 | 18.20 | 15.18 | 18.68 | 5.60 | 2.84 | 2.84 | 2.84 | 2.84 | 2.84 | 2.84 | -1.02 | - | - | - | 3.49 | - | - | - | 0.37 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Current Ratio |
3.4 | 4.6 | - | 3.4 | 3.4 | - | 3.2 | 3.2 | - | - | - | - | - | 2.9 | 2.9 | - | - | 3.2 | 3.1 | - | - | 2.0 | 1.8 | - | - | 1.9 | 1.9 | - | - | 2.1 | - | - | - | 1.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company DHT Holdings, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.