COMPARE · Data as of August 21, 2026
PAGP vs TRMD
Verdict: Side-by-side breakdown using the Bull Rankings model. PAGP scored 57.5, TRMD scored 53.9 — PAGP leads.
Compare another set
Different reporting periods. PAGP's fundamentals are as of June 2026, but TRMD's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
PAGP
Plains GP Holdings, L.P.
57.5
$26.84 · $6.3B
fundamentals as of
Score gap
3.6
PAGP leads
TRMD
TORM plc Class A Common Stock
53.9
$31.80 · $3.3B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestTRMD9.3x
- Fastest growthPAGP+12.2%
- Strongest balance sheetTRMD0.48
- Highest qualityTRMD70 / 100
- Largest discount to fair valuePAGP-86%
Side by side · every name on one set of axes
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.
The model, pillar by pillar (0–100 each)
PAGP
stronger →← stronger
TRMD
59
Qualityreturns · margins · balance sheet
70
50
Growthrevenue & earnings expansion
44
65
Valuevaluation vs sector peers
52
PAGP is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
PAGP
TRMD
$2.4bB
FCF
$190mC
+12.2%B+
Rev
-14.1%D
0.56B
D/E
0.48B
76.7xD
P/E
9.3xA-
0.67A-
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.
Valuation · DCF cross-check
PAGP
TRMD
86% below
Price vs fair valuelower is cheaper
40% above
decline
Growth the price implies10-yr FCF · lower = less priced in
~7%/yr
+519%
1-yr DCF upside
-21%
+614%
5-yr DCF upside
-29%
+778%
10-yr DCF upside
-38%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
PAGP
Why this score
- Raising its dividend
- Cyclical growth
TRMD
Why this score
- Diluting shareholders
- Cut its dividend
The companies
PAGPPlains GP Holdings, L.P.
Why now
Oil & Gas Midstream · market cap $6.3b. Trading near 52-week high of $27.17 — momentum setup, limited technical margin of safety. Revenue growing +12%, comfortably above the S&P median. PEG 0.67 — paying under fair value for the growth rate. 14 sell-side analysts rate this a Buy with a mean 1-yr target of $24.86 (implying -7% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Trailing P/E 76.7x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. Trading within 1% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. Dividend payout 456% of earnings on a 6.3% yield — distribution coverage is thin; one earnings stumble could force a dividend cut.
TRMDTORM plc Class A Common Stock
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.
Verdict — model-derived comparison
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 PAGP and TRMD diverge
On the headline score the gap is 3.6 points in favor of PAGP. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValuePAGP 64.5 · TRMD 51.8PAGP +12.7
- QualityPAGP 58.8 · TRMD 69.6TRMD +10.8
- GrowthPAGP 50.0 · TRMD 43.5PAGP +6.5
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.