Risk factor
Good trading liquidity
Profitability factor
Very weak growth
About
Dampskibsselskabet NORDEN A/S is a global maritime transport enterprise that owns and operates a diverse fleet of dry bulk carriers and product tankers. The company's operations are structured into two distinct business units: 1. Assets & Logistics: This segment is responsible for managing NORDEN's vessel portfolio, which includes both outright ownership and long-term chartered ships. It then leases out this capacity to other dry and tanker operators, as well as various third-party clients. 2. Freight Services & Trading: This division specializes in the worldwide transportation of bulk commodities like grain, coal, iron ore, and sugar, alongside fuel oil and refined petroleum products. To execute these services, it charters vessels from external providers or from the Assets & Logistics segment at prevailing market rates. NORDEN commands a substantial fleet comprising 329 dry cargo vessels and 128 product tanker vessels. Established in 1871, the company maintains its headquarters in Hellerup, Denmark.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of DNORD.CO is 326 and suggests 0% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio