Head-To-Head Review: DHT (DHT) & The Competition

DHT (NYSE:DHT) is one of 1,050 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it compare to its peers? We will compare DHT to similar businesses based on the strength of its risk, valuation, profitability, dividends, analyst recommendations, earnings and institutional ownership.

Volatility & Risk

DHT has a beta of -0.03, suggesting that its share price is 103% less volatile than the S&P 500. Comparatively, DHT’s peers have a beta of -4.04, suggesting that their average share price is 504% less volatile than the S&P 500.

Valuation and Earnings

This table compares DHT and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
DHT	$498.40 million	$211.09 million	8.13
DHT Competitors	$11.50 billion	$5.51 billion	0.23

DHT’s peers have higher revenue and earnings than DHT. DHT is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

58.5% of DHT shares are owned by institutional investors. Comparatively, 30.7% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by institutional investors. 15.5% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for DHT and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DHT	0	2	1	1	2.75
DHT Competitors	5963	26938	40762	2404	2.52

DHT presently has a consensus price target of $27.00, indicating a potential upside of 12.97%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 21.77%. Given DHT’s peers higher probable upside, analysts plainly believe DHT has less favorable growth aspects than its peers.

Dividends

DHT pays an annual dividend of $4.88 per share and has a dividend yield of 20.4%. DHT pays out 166.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil, Gas & Consumable Fuels” companies pay a dividend yield of 8.6% and pay out -122.2% of their earnings in the form of a dividend.

Profitability

This table compares DHT and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
DHT	65.52%	39.40%	28.63%
DHT Competitors	-471.71%	20.53%	6.26%

Summary

DHT beats its peers on 9 of the 15 factors compared.

About DHT

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services. As of March 15, 2024, it had a fleet of 24 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.