COMPARE · Data as of August 21, 2026

FRO vs TRMD

Verdict: Side-by-side breakdown using the Bull Rankings model. FRO scored 33.0, TRMD scored 53.9 — TRMD leads.
Compare another set
FRO
Frontline plc
Oil & Gas Midstream · Quality-Growth
33
$43.67 · $9.7B
Score gap
20.9
TRMD leads
TRMD
TORM plc Class A Common Stock
Oil & Gas Midstream · Quality-Growth
53.9
$31.80 · $3.3B
fundamentals as of
  • CheapestTRMD9.3x
  • Fastest growthFRO+49.5%
  • Strongest balance sheetTRMD0.48
  • Highest qualityTRMD70 / 100
THE BULL RANKINGS SCORECARD33.0/ 100 · BULL SCOREPEER MEDIANQUALITY50.2GROWTH50.0VALUE14.3
THE BULL RANKINGS SCORECARD53.9/ 100 · BULL SCOREPEER MEDIANQUALITY69.6GROWTH43.5VALUE51.8
FROTRMDQuality50.269.6Growth50.043.5Value14.351.8
cheap & fastrevenue growth →← cheaper (lower multiple)-26%61%4.3x16xFROTRMD

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFFRO$592mTRMD$190m
RevFRO+49.5%TRMD-14.1%
D/EFRO0.93TRMD0.48
P/EFRO10.8xTRMD9.3x
FRO
stronger →← stronger
TRMD
50
Qualityreturns · margins · balance sheet
70
50
Growthrevenue & earnings expansion
44
14
Valuevaluation vs sector peers
52
TRMD is stronger on 2 of 3 pillars.
FRO
TRMD
$592mC+
FCF
$190mC
+49.5%A
Rev
-14.1%D
0.93C+
D/E
0.48B
10.8xB+
P/E
9.3xA-
5.58D
PEG
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
FRO
TRMD
35% above
Price vs fair valuelower is cheaper
40% above
~6%/yr
Growth the price implies10-yr FCF · lower = less priced in
~7%/yr
-17%
1-yr DCF upside
-21%
-26%
5-yr DCF upside
-29%
-36%
10-yr DCF upside
-38%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
FRO
Why this score
  • Raising its dividend
  • Cyclical growth
TRMD
Why this score
  • Diluting shareholders
  • Cut its dividend
FROFrontline plc
Oil & Gas Midstream · $43.67 · beta 0.05
Why now
Oil & Gas Midstream · market cap $9.7b. 3% off the 52-week high of $45.17. Revenue growing +49% — in hypergrowth territory. 4 sell-side analysts rate this a Buy with a mean 1-yr target of $44.25 (implying +1% upside).
Moat
Moat signals from the quantitative card are modest — profitability and capital efficiency are middle-of-pack. The thesis here depends on softer factors (switching costs, brand, distribution, regulatory protection) not captured by the quality-growth screen.
Risk
Currently unprofitable (margin -1.7%) — path to GAAP profitability is the core thesis risk. P/S 15.2x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard. ROE -1% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
TRMDTORM plc Class A Common Stock
Oil & Gas Midstream · $31.80 · beta 0.04
Why now
Oil & Gas Midstream · market cap $3.3b. 10% off the 52-week high of $35.33. Revenue -14% — in contraction; any catalyst that reverses this triggers re-rating.
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 13% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere.
Risk
Revenue contracting -14% — the operational turn is not yet visible in the top line. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where FRO and TRMD diverge

On the headline score the gap is 20.9 points in favor of TRMD. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.