TORM plc stock trades below NAV with strong cash flow and potential 11% dividend yield.

TORM plc (TRMD) presents a strong buy opportunity as its stock is trading at a rare discount to its net asset value (NAV), supported by robust cash generation and valuable assets. Despite challenges like Oaktree's stake reduction and geopolitical tensions near the Strait of Hormuz, the company's disciplined capital allocation and consistent performance, even with an older fleet, justify its premium valuation and attractive dividend policy. The analyst estimates Q2 earnings per share at $3.5, NAV at $36 per share, and a fair value near $40, with a potential quarterly dividend yield of 11% if current market conditions continue. This makes TORM a compelling option for investors seeking income and value in the shipping sector.