FRO vs TRMD vs CMBT Stock Comparison

Frontline, Torm and Cmb.Tech Prices as of Oct 27, 2026 Peers: Industry group
FRO Frontline plc
$53.78 +12.7% 1M +125.6% 1Y
Market cap
$11.97B
P/E
8.1x
Revenue (TTM)
$2.71B
Div. yield
6.64%
Marine Shipping Industrials
4 wins
TRMD TORM plc
$40.37 +17.6% 1M +91.8% 1Y
Market cap
$4.09B
P/E
2.4x
Revenue (TTM)
$2.72B
Div. yield
12.48%
Marine Shipping Industrials
6 wins
CMBT Cmb.Tech Nv
$18.20 -4.2% 1M +98.5% 1Y
Market cap
$5.75B
P/E
4.9x
Revenue (TTM)
$2.89B
Div. yield
4.62%
Marine Shipping Industrials
1 win

Head to Head

11 decided of 12

Torm leads on 6 of the 12 questions below (Torm 6, Frontline 4, Cmb.Tech 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFROTRMDCMBTLeader
Larger companyMarket capitalisation $11.97B $4.09B $5.75B FRO
Cheaper on earningsLower P/E, profitable companies only 8.1x 2.4x 4.9x TRMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.4x 4.6x 7.2x TRMD
Faster revenue growthRevenue growth, trailing twelve months +48.8% +3.0% +84.9% CMBT
More profitableNet margin, trailing twelve months 54.8% 61.2% 29.6% TRMD
Better return on capitalReturn on invested capital 29.5% — — –
Less leveragedLower net debt / EBITDA — -2.0x 4.8x TRMD
Higher dividend yieldTrailing dividend yield 6.64% 12.48% 4.62% TRMD
Better 1-year returnPrice return, last 12 months +125.6% +91.8% +98.5% FRO
Better 5-year returnAnnualised price return, 5 years +43.2%/yr +37.4%/yr +11.2%/yr FRO
Less volatileAnnualised volatility, 1 year 44.7% 39.3% 40.2% TRMD
Higher overall scoreMean of the five percentile scores vs peers 81/100 80/100 63/100 FRO

Percentile Scorecard

FROTRMDCMBT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFROTRMDCMBT
Valuation 51 #67 of 136 90 #14 of 136 61 #54 of 136
Growth 96 #6 of 121 57 #53 of 121 94 #8 of 121
Profitability 99 #2 of 115 97 #5 of 115 75 #30 of 115
Financial Health 67 #48 of 143 89 #17 of 143 16 #120 of 143
Shareholder Returns 90 #9 of 82 67 #28 of 82 68 #27 of 82
Overall 81 80 63
  • FRO ranked among 150 companies in Transportation
  • TRMD ranked among 150 companies in Transportation
  • CMBT ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFROTRMDCMBTSPY
1 month +12.7%+17.6%-4.2% -0.2%
3 months +38.6%+35.5%+18.1% +3.9%
6 months +48.9%+26.3%+37.5% +8.2%
Year to date +146.5%+106.2%+88.6% +12.9%
1 year +125.6%+91.8%+98.5% +12.3%
3 years +141.5%+32.8%+1.8% +87.4%
3 years, per year +34.2%+9.9%+0.6% +23.3%
5 years +500.9%+389.3%+70.3% +67.9%
5 years, per year +43.2%+37.4%+11.2% +10.9%
10 years +630.7%—+130.4% +261.1%
10 years, per year +22.0%—+8.7% +13.7%

Risk

MeasureFROTRMDCMBTSPY
Volatility, 1Y 44.7%39.3%40.2% 12.7%
Downside volatility, 1Y 45.2%40.3%37.3% 12.7%
Beta vs S&P 500, 1Y 0.510.430.55 1.00
Return / volatility, 1Y 2.812.332.45 0.97
Max drawdown, 5Y -56.1%-65.5%-62.7% -25.4%
From 52-week high -9.2%-1.8%-13.0% -1.2%
52-week high $59.22$41.11$20.92 $779.14
52-week low $20.58$19.39$9.09 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFROTRMDCMBT
P/E now vs peer median 8.1xmedian 16.3x 2.4xmedian 16.3x 4.9xmedian 16.3x
P/S now vs peer median 4.4xmedian 1.0x 1.5xmedian 1.0x 2.0xmedian 1.0x
EV/EBITDA now vs peer median —median 8.7x 0.6xmedian 8.7x 9.9xmedian 8.7x
P/FCF now vs peer median 5.9xmedian 11.4x 5.8xmedian 11.4x 7.3xmedian 11.4x
P/B now vs peer median 3.8xmedian 1.2x 1.6xmedian 1.2x 1.8xmedian 1.2x
PEG now vs peer median 0.42median 0.82 0.12median 0.82 0.41median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFROTRMDCMBT
Revenue $2.71B $2.72B $2.89B
Gross profit – $2.66B $2.22B
Operating income $1.63B $1.63B $1.21B
Net income $1.49B $1.67B $839.57M
Free cash flow $2.02B $699.80M $787.73M
EPS (diluted) $6.68 $16.64 $3.73
Cash & equivalents $321.42M $368.20M $151.57M
Total debt $2.43B $1.08B $5.45B
Shares (diluted) 222.62M 100.10M 229.44M
Enterprise value $10.73B -$7.59B $5.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFROTRMDCMBT
P/E 8.1x 2.4x 4.9x
P/FCF 5.9x 5.8x 7.3x
P/Operating cash flow 8.8x 5.8x 7.3x
P/S 4.4x 1.5x 2.0x
P/B 3.8x 1.6x 1.8x
P/Tangible book 3.8x 1.6x 1.9x
EV/EBITDA – 0.6x 9.9x
EV/EBIT 8.6x 0.6x 9.1x
EV/Revenue 5.2x 0.4x 3.8x
EV/FCF 7.0x 1.4x 14.0x
EV/Operating cash flow 10.4x 1.4x 14.0x
PEG (3Y EPS CAGR) 0.42 0.12 0.41

Growth

14 metrics
MetricFROTRMDCMBT
Revenue growth (1Y) 48.8% 3.0% 84.9%
Revenue CAGR (3Y) 12.2% 17.6% 31.2%
Gross profit growth (1Y) – 3.0% 80.8%
Gross profit CAGR (3Y) – – 30.8%
Operating income growth (1Y) 226.3% -1.4% 146.6%
Operating income CAGR (3Y) 24.1% 25.7% 20.4%
Net income growth (1Y) 524.5% -1.1% 274.8%
Net income CAGR (3Y) 21.7% 28.5% 12.6%
EPS growth (1Y) 524.5% -4.8% -20.7%
EPS CAGR (3Y) 19.0% 20.6% 11.8%
Operating cash flow growth (1Y) 116.9% -1.8% 184.9%
Operating cash flow CAGR (3Y) 17.1% -5.2% –
Free cash flow growth (1Y) 218.6% -1.8% 184.9%
Free cash flow CAGR (3Y) 20.5% 17.9% –

Profitability

14 metrics
MetricFROTRMDCMBT
Gross margin – 97.8% 76.7%
EBITDA margin – 58.5% 38.5%
Operating margin 60.1% 60.1% 42.0%
Pretax margin 54.9% 61.1% 28.5%
Net margin 54.8% 61.2% 29.6%
FCF margin 74.3% 25.7% 27.3%
Operating cash flow margin 49.8% 25.7% 27.3%
Return on equity 49.6% – –
Return on assets 25.9% 45.3% –
Return on invested capital 29.5% – –
Return on capital employed 31.0% 49.4% –
Asset turnover 0.5x 0.7x –
Cash conversion (OCF / net income) 0.9x 0.4x 0.9x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricFROTRMDCMBT
Debt / assets 41.9% 28.1% 61.8%
Debt / equity 0.8x 0.4x 1.7x
Net debt / EBITDA – -2.0x 4.8x
Debt / FCF 1.2x 1.5x 6.9x
Liabilities / assets 45.7% 33.3% 64.6%
Equity / assets 54.3% 66.7% 35.4%
Interest coverage 8.8x 12.6x 2.3x
Current ratio 1.9x 2.3x 1.1x
Quick ratio 1.4x 12.2x 0.7x
Cash ratio 0.7x 11.2x 0.2x
Altman Z-score 4.50 5.03 1.62

Shareholder Returns

7 metrics
MetricFROTRMDCMBT
Dividend yield 6.6% 12.5% 4.6%
Net buyback yield – -0.5% –
Shareholder yield 6.6% 12.0% 4.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFROTRMDCMBT
Forward P/E 5.4xFY2026 4.6xFY2026 7.2xFY2026
EPS, next fiscal year $9.98FY2026 $8.85FY2026 $2.54FY2026
EPS growth, next FY +487.1%FY2026 +204.1%FY2026 +262.9%FY2026
EPS growth, the year after -49.8% -29.9% -21.7%
Revenue, next fiscal year $2.52BFY2026 $1.62BFY2026 $2.12BFY2026
Revenue growth, next FY +110.2%FY2026 +78.2%FY2026 +27.8%FY2026
Revenue growth, the year after -18.3% -24.0% +1.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFROTRMDCMBT
Held by institutions 33.6% 45.6% 20.1%
Institutions holding 261 152 169
Change in shares held, QoQ +36.6% +7.6% +8.7%
Institutions buying 152 98 78
Institutions selling 74 36 51
Buyers to sellers 2.05 2.72 1.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FROTRMDCMBT
FRO 1.00 0.73 0.69
TRMD 0.73 1.00 0.63
CMBT 0.69 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FRO, TRMD and CMBT?

Frontline (FRO) is the largest by market capitalisation: Frontline (FRO) $11.97B, Torm (TRMD) $4.09B, Cmb.Tech (CMBT) $5.75B.

Which stock is cheaper, FRO, TRMD and CMBT?

Torm (TRMD) trades on the lowest price-to-earnings ratio (Frontline (FRO) 8.1x, Torm (TRMD) 2.4x, Cmb.Tech (CMBT) 4.9x). On next year's consensus earnings, Torm (TRMD) is cheapest (Frontline (FRO) 5.4x, Torm (TRMD) 4.6x, Cmb.Tech (CMBT) 7.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cmb.Tech (CMBT) grew revenue fastest over the trailing twelve months: Frontline (FRO) +48.8%, Torm (TRMD) +3.0%, Cmb.Tech (CMBT) +84.9%.

Which company is more profitable?

Torm (TRMD) has the highest net margin (Frontline (FRO) 54.8%, Torm (TRMD) 61.2%, Cmb.Tech (CMBT) 29.6%).

Which stock has performed better?

Over the past year Frontline (FRO) returned the most: Frontline (FRO) +125.6%, Torm (TRMD) +91.8%, Cmb.Tech (CMBT) +98.5%. Over five years, Frontline (FRO) compounded fastest (Frontline (FRO) +43.2%/yr, Torm (TRMD) +37.4%/yr, Cmb.Tech (CMBT) +11.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Torm (TRMD) has the highest dividend yield: Frontline (FRO) 6.64%, Torm (TRMD) 12.48%, Cmb.Tech (CMBT) 4.62%.

Which stock is riskier?

By one-year price volatility, Torm (TRMD) has been the steadiest (Frontline (FRO) 44.7%, Torm (TRMD) 39.3%, Cmb.Tech (CMBT) 40.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FRO, TRMD and CMBT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Torm (TRMD) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.