HAFNIA LTD (HAFN) Stock Fundamental Analysis
NYSE:HAFN - New York Stock Exchange, Inc. - SGXZ53070850 - Common Stock - Currency: USD
Overall HAFN gets a fundamental rating of 6 out of 10. We evaluated HAFN against 211 industry peers in the Oil, Gas & Consumable Fuels industry. HAFN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. HAFN is valued quite cheap, while showing a decent growth score. This is a good combination! This makes HAFN very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year HAFN was profitable.
HAFN had a positive operating cash flow in the past year.
HAFN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years HAFN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 20.91%, HAFN belongs to the top of the industry, outperforming 95.26% of the companies in the same industry.
The Return On Equity of HAFN (34.21%) is better than 91.94% of its industry peers.
With an excellent Return On Invested Capital value of 20.14%, HAFN belongs to the best of the industry, outperforming 95.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HAFN is below the industry average of 23.79%.
The last Return On Invested Capital (20.14%) for HAFN is above the 3 year average (19.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.91% | ||
| ROE | 34.21% | ||
| ROIC | 20.14% |
ROA(3y)20.08%
ROA(5y)12.77%
ROE(3y)35.74%
ROE(5y)23.04%
ROIC(3y)19.25%
ROIC(5y)12.98%
1.3 Margins
HAFN has a better Profit Margin (26.98%) than 79.62% of its industry peers.
In the last couple of years the Profit Margin of HAFN has grown nicely.
HAFN has a Operating Margin of 27.09%. This is in the better half of the industry: HAFN outperforms 62.56% of its industry peers.
In the last couple of years the Operating Margin of HAFN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.09% | ||
| PM (TTM) | 26.98% | ||
| GM | N/A |
OM growth 3Y1312.43%
OM growth 5Y8.92%
PM growth 3YN/A
PM growth 5Y25.51%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HAFN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, HAFN has about the same amount of shares outstanding.
Compared to 5 years ago, HAFN has more shares outstanding
The debt/assets ratio for HAFN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.11 indicates that HAFN is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.11, HAFN belongs to the best of the industry, outperforming 82.94% of the companies in the same industry.
HAFN has a debt to FCF ratio of 1.14. This is a very positive value and a sign of high solvency as it would only need 1.14 years to pay back of all of its debts.
HAFN's Debt to FCF ratio of 1.14 is amongst the best of the industry. HAFN outperforms 88.63% of its industry peers.
HAFN has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
HAFN's Debt to Equity ratio of 0.35 is in line compared to the rest of the industry. HAFN outperforms 57.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 3.11 |
ROIC/WACC2.38
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.38 indicates that HAFN should not have too much problems paying its short term obligations.
The Current ratio of HAFN (1.38) is better than 63.51% of its industry peers.
A Quick Ratio of 1.23 indicates that HAFN should not have too much problems paying its short term obligations.
HAFN has a Quick ratio of 1.23. This is in the better half of the industry: HAFN outperforms 64.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for HAFN have decreased strongly by -18.24% in the last year.
The Earnings Per Share has been growing by 49.51% on average over the past years. This is a very strong growth
HAFN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.37%.
Measured over the past years, HAFN shows a very strong growth in Revenue. The Revenue has been growing by 28.22% on average per year.
EPS 1Y (TTM)-18.24%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-69.77%
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-42.25%
3.2 Future
The Earnings Per Share is expected to decrease by -15.22% on average over the next years. This is quite bad
The Revenue is expected to decrease by -11.12% on average over the next years. This is quite bad
EPS Next Y-54.01%
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
EPS Next 5YN/A
Revenue Next Year-31.29%
Revenue Next 2Y-16.33%
Revenue Next 3Y-11.12%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.43 indicates a rather cheap valuation of HAFN.
Based on the Price/Earnings ratio, HAFN is valued cheaper than 93.84% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, HAFN is valued rather cheaply.
A Price/Forward Earnings ratio of 6.69 indicates a rather cheap valuation of HAFN.
Based on the Price/Forward Earnings ratio, HAFN is valued cheaply inside the industry as 86.26% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of HAFN to the average of the S&P500 Index (21.76), we can say HAFN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.43 | ||
| Fwd PE | 6.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAFN is valued cheaply inside the industry as 84.36% of the companies are valued more expensively.
94.79% of the companies in the same industry are more expensive than HAFN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.8 | ||
| EV/EBITDA | 3.53 |
4.3 Compensation for Growth
The decent profitability rating of HAFN may justify a higher PE ratio.
HAFN's earnings are expected to decrease with -15.22% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.09
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
5. Dividend
5.1 Amount
HAFN has a Yearly Dividend Yield of 17.93%, which is a nice return.
HAFN's Dividend Yield is rather good when compared to the industry average which is at 6.51. HAFN pays more dividend than 97.16% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, HAFN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.93% |
5.2 History
The dividend of HAFN is nicely growing with an annual growth rate of 141.09%!
HAFN has been paying a dividend for over 5 years, so it has already some track record.
HAFN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)141.09%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
90.42% of the earnings are spent on dividend by HAFN. This is not a sustainable payout ratio.
HAFN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP90.42%
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
5.36
+0.16 (+3.08%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.22%
Inst Owner Change0%
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap2.75B
Analysts87.5
Price Target7.24 (35.07%)
Short Float %1.77%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.93% |
Yearly Dividend1.39
Dividend Growth(5Y)141.09%
DP90.42%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.53%
Min EPS beat(2)-12.27%
Max EPS beat(2)11.21%
EPS beat(4)2
Avg EPS beat(4)-0.19%
Min EPS beat(4)-12.27%
Max EPS beat(4)11.21%
EPS beat(8)5
Avg EPS beat(8)3.49%
EPS beat(12)8
Avg EPS beat(12)35.59%
EPS beat(16)10
Avg EPS beat(16)24.49%
Revenue beat(2)0
Avg Revenue beat(2)-6.01%
Min Revenue beat(2)-10.02%
Max Revenue beat(2)-2%
Revenue beat(4)1
Avg Revenue beat(4)-4.37%
Min Revenue beat(4)-10.02%
Max Revenue beat(4)1.07%
Revenue beat(8)2
Avg Revenue beat(8)-3.79%
Revenue beat(12)6
Avg Revenue beat(12)9.03%
Revenue beat(16)10
Avg Revenue beat(16)30.26%
PT rev (1m)24.13%
PT rev (3m)4.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.43 | ||
| Fwd PE | 6.69 | ||
| P/S | 0.96 | ||
| P/FCF | 2.8 | ||
| P/OCF | 2.67 | ||
| P/B | 1.21 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 3.53 |
EPS(TTM)1.21
EY22.57%
EPS(NY)0.8
Fwd EY14.94%
FCF(TTM)1.91
FCFY35.7%
OCF(TTM)2.01
OCFY37.5%
SpS5.6
BVpS4.41
TBVpS4.41
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.91% | ||
| ROE | 34.21% | ||
| ROCE | 25.5% | ||
| ROIC | 20.14% | ||
| ROICexc | 22.21% | ||
| ROICexgc | 22.21% | ||
| OM | 27.09% | ||
| PM (TTM) | 26.98% | ||
| GM | N/A | ||
| FCFM | 34.19% |
ROA(3y)20.08%
ROA(5y)12.77%
ROE(3y)35.74%
ROE(5y)23.04%
ROIC(3y)19.25%
ROIC(5y)12.98%
ROICexc(3y)20.74%
ROICexc(5y)13.93%
ROICexgc(3y)20.75%
ROICexgc(5y)13.94%
ROCE(3y)24.37%
ROCE(5y)16.42%
ROICexcg growth 3Y1860.8%
ROICexcg growth 5Y34.21%
ROICexc growth 3Y1861.8%
ROICexc growth 5Y34.24%
OM growth 3Y1312.43%
OM growth 5Y8.92%
PM growth 3YN/A
PM growth 5Y25.51%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 23.07% | ||
| Cap/Sales | 1.73% | ||
| Interest Coverage | 18.65 | ||
| Cash Conversion | 103.83% | ||
| Profit Quality | 126.71% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 3.11 |
F-Score7
WACC8.45%
ROIC/WACC2.38
Cap/Depr(3y)108.09%
Cap/Depr(5y)74.63%
Cap/Sales(3y)10.62%
Cap/Sales(5y)8.15%
Profit Quality(3y)93.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.24%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-69.77%
EPS Next Y-54.01%
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
EPS Next 5YN/A
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-42.25%
Revenue Next Year-31.29%
Revenue Next 2Y-16.33%
Revenue Next 3Y-11.12%
Revenue Next 5YN/A
EBIT growth 1Y-3.07%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-29.35%
EBIT Next 3Y-6.67%
EBIT Next 5YN/A
FCF growth 1Y11.9%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-2.87%
OCF growth 3Y113.12%
OCF growth 5Y30.15%