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4.46 (1y: -39%)
Market Cap 42.33 M P/E(ttm)
Enterprise Value 169.56 M P/B 0.23
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry		 vs
history
Cash to Debt 0.337
DHT's Cash to Debt is ranked higher than
54% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.49 vs. DHT: 0.337 )
DHT' s 10-Year Cash to Debt Range
Min: 0.03   Max: No Debt
Current: 0.34
Equity to Asset 0.453
DHT's Equity to Asset is ranked higher than
62% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.38 vs. DHT: 0.453 )
DHT' s 10-Year Equity to Asset Range
Min: 0.02   Max: 0.45
Current: 0.45
0.02
0.45
F-Score: 3
Z-Score: -1.16
M-Score: -2.31
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) -92.10
DHT's Operating margin (%) is ranked lower than
92% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.70 vs. DHT: -92.10 )
DHT' s 10-Year Operating margin (%) Range
Min: -92.1   Max: 70.1
Current: -92.1
-92.1
70.1
Net-margin (%) -96.8
DHT's Net-margin (%) is ranked lower than
93% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.20 vs. DHT: -96.8 )
DHT' s 10-Year Net-margin (%) Range
Min: -96.8   Max: 63.8
Current: -96.8
-96.8
63.8
ROE (%) -52
DHT's ROE (%) is ranked lower than
90% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 6.00 vs. DHT: -52 )
DHT' s 10-Year ROE (%) Range
Min: -56.7   Max: 100.3
Current: -52
-56.7
100.3
ROA (%) -23.5
DHT's ROA (%) is ranked lower than
94% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.40 vs. DHT: -23.5 )
DHT' s 10-Year ROA (%) Range
Min: -23.5   Max: 22.3
Current: -23.5
-23.5
22.3
ROC (Joel Greenblatt) (%) -27.90
DHT's ROC (Joel Greenblatt) (%) is ranked lower than
89% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.00 vs. DHT: -27.90 )
DHT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -27.9   Max: 25
Current: -27.9
-27.9
25
Revenue Growth (%) -25.7
DHT's Revenue Growth (%) is ranked higher than
62% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: -1.80 vs. DHT: -25.7 )
DHT' s 10-Year Revenue Growth (%) Range
Min: 0   Max: -2
Current: -25.7
» DHT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

DHT Guru Trades in Q2 2012

Jim Simons 729,606 sh (+60.39%)
Jean-Marie Eveillard 20,000 sh (unchged)
» More
Q3 2012

DHT Guru Trades in Q3 2012

Jim Simons 81,564 sh (+34.2%)
Jean-Marie Eveillard 1,666 sh (unchged)
» More
Q4 2012

DHT Guru Trades in Q4 2012

Jim Simons 93,429 sh (+14.55%)
Jean-Marie Eveillard 1,666 sh (unchged)
» More
Q1 2013

DHT Guru Trades in Q1 2013

Jim Simons 138,792 sh (+48.55%)
Jean-Marie Eveillard 1,666 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with DHT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Private Capital 2012-03-31 Sold Out 0.06%$8.93 - $17.77 $ 4.46-61%0
Private Capital 2011-12-31 Add 175.51%0.04%$7.94 - $23.17 $ 4.46-70%1040754
George Soros 2011-09-30 Sold Out 0.001%$24.13 - $46.82 $ 4.46-88%0
Jean-Marie Eveillard 2011-06-30 New Buy$42.5 - $58.34 $ 4.46-91%20000
George Soros 2011-06-30 New Buy$42.5 - $58.34 $ 4.46-91%18600
Private Capital 2010-03-31 Reduce -31.67%0.03%$42.14 - $50.66 $ 4.46-90%377754
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 0.23
DHT's P/B is ranked higher than
87% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.13 vs. DHT: 0.23 )
DHT' s 10-Year P/B Range
Min: 0.19   Max: 6.35
Current: 0.23
0.19
6.35
P/S 0.72
DHT's P/S is ranked higher than
66% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.61 vs. DHT: 0.72 )
DHT' s 10-Year P/S Range
Min: 0.27   Max: 6.53
Current: 0.72
0.27
6.53
PFCF 2.30
DHT's PFCF is ranked higher than
97% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 15.02 vs. DHT: 2.30 )
DHT' s 10-Year PFCF Range
Min: 0.65   Max: 27.56
Current: 2.3
0.65
27.56
EV-to-EBIT -1.69
DHT's EV-to-EBIT is ranked higher than
64% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 14.30 vs. DHT: -1.69 )
DHT' s 10-Year EV-to-EBIT Range
Min: 6.6   Max: 21.2
Current: -1.69
6.6
21.2
Shiller P/E 1.54
DHT's Shiller P/E is ranked higher than
97% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 13.80 vs. DHT: 1.54 )
DHT' s 10-Year Shiller P/E Range
Min: 0.88   Max: 2.39
Current: 1.54
0.88
2.39

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 6.73
DHT's Dividend Yield is ranked higher than
100% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.02 vs. DHT: 6.73 )
DHT' s 10-Year Dividend Yield Range
Min: 2.3   Max: 45.83
Current: 6.73
2.3
45.83
Dividend growth (3y) -38.5
DHT's Dividend growth (3y) is ranked higher than
83% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: -16.90 vs. DHT: -38.5 )
DHT' s 10-Year Dividend growth (3y) Range
Min: 0   Max: -26.8
Current: -38.5
Yield on cost (5-Year) 0.34
DHT's Yield on cost (5-Year) is ranked higher than
68% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.95 vs. DHT: 0.34 )
DHT' s 10-Year Yield on cost (5-Year) Range
Min: 0.12   Max: 2.33
Current: 0.34
0.12
2.33
Share Buyback Rate -32.8
DHT's Share Buyback Rate is ranked higher than
56% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: -0.60 vs. DHT: -32.8 )
DHT' s 10-Year Share Buyback Rate Range
Min: 0   Max: -32.8
Current: -32.8

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 0.2
DHT's Price/Tangible Book is ranked higher than
58% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.45 vs. DHT: 0.2 )
DHT' s 10-Year Price/Tangible Book Range
Min: 0.2   Max: 5.1
Current: 0.2
0.2
5.1
Price/DCF (Projected) 0.7
DHT's Price/DCF (Projected) is ranked higher than
81% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.00 vs. DHT: 0.7 )
DHT' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 0.8
Current: 0.7
0.3
0.8
Price/Median PS Value 0.2
DHT's Price/Median PS Value is ranked higher than
53% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.80 vs. DHT: 0.2 )
DHT' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 2.7
Current: 0.2
0.2
2.7
Earnings Yield (Greenblatt) 5.00
DHT's Earnings Yield (Greenblatt) is ranked higher than
79% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.10 vs. DHT: 5.00 )
DHT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.7   Max: 15.2
Current: 5
4.7
15.2
Forward Rate of Return (Yacktman) -100.64
DHT's Forward Rate of Return (Yacktman) is ranked higher than
64% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.78 vs. DHT: -100.64 )
DHT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.3   Max: 22.6
Current: -100.64
-4.3
22.6

Business Description

DHT Maritime, Inc. was incorporated under the name of Double Hull Tankers, Inc. on April 14, 2005 under the laws of the Marshall Islands as a wholly owned indirect subsidiary of Overseas Shipholding Group, Inc. (OSG). In October 2005, the Company completed its initial public offering. It operates a fleet of double-hull tankers. The Company's fleet consists of three very large crude carriers, or 'VLCCs,' which are tankers ranging in size from 200,000 to 320,000 deadweight tons, or 'dwt,' two Suezmax tankers, which are tankers ranging in size from 130,000 to 170,000 dwt, and four Aframax tankers, which are tankers ranging in size from 80,000 to 120,000 dwt. The Company's fleet mainly operates on international routes and had a combined carrying capacity of 1,656,921 dwt and a weighted average age of 8.7 years. The operation of tankers and transportation of crude oil and petroleum products are extremely competitive. Competition arises mainly from other tanker owners, including major oil companies, as well as independent tanker companies. Government regulation significantly affects the ownership and operation of its tankers. They are subject to international conventions, national, state and local laws and regulations in force in the countries in which its tankers might operate or are registered.
Company Website
Industry: Shipping & Ports
Compare:AMKAF, NMM, TK, ISH, CMHHY
Traded in other countries:D8EN.Germany

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