HAFNIA LTD (HAFN) Stock Fundamental Analysis
NYSE:HAFN - New York Stock Exchange, Inc. - SGXZ53070850 - Common Stock - Currency: USD
Taking everything into account, HAFN scores 6 out of 10 in our fundamental rating. HAFN was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. HAFN gets an excellent profitability rating and is at the same time showing great financial health properties. HAFN is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make HAFN suitable for value investing!
1. Profitability
1.1 Basic Checks
HAFN had positive earnings in the past year.
HAFN had a positive operating cash flow in the past year.
Of the past 5 years HAFN 4 years were profitable.
Each year in the past 5 years HAFN had a positive operating cash flow.
1.2 Ratios
HAFN has a better Return On Assets (22.74%) than 94.12% of its industry peers.
With an excellent Return On Equity value of 35.98%, HAFN belongs to the best of the industry, outperforming 91.18% of the companies in the same industry.
HAFN has a better Return On Invested Capital (21.41%) than 92.65% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HAFN is significantly below the industry average of 28.75%.
The 3 year average ROIC (12.54%) for HAFN is below the current ROIC(21.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.74% | ||
| ROE | 35.98% | ||
| ROIC | 21.41% |
ROA(3y)12.37%
ROA(5y)9.13%
ROE(3y)22.68%
ROE(5y)17.48%
ROIC(3y)12.54%
ROIC(5y)9.93%
1.3 Margins
The Profit Margin of HAFN (24.88%) is better than 73.53% of its industry peers.
HAFN's Profit Margin has improved in the last couple of years.
HAFN has a Operating Margin of 25.12%. This is comparable to the rest of the industry: HAFN outperforms 55.88% of its industry peers.
In the last couple of years the Operating Margin of HAFN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.12% | ||
| PM (TTM) | 24.88% | ||
| GM | N/A |
OM growth 3Y8.32%
OM growth 5Y41.35%
PM growth 3Y20.38%
PM growth 5YN/A
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.
HAFN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HAFN has more shares outstanding
Compared to 1 year ago, HAFN has an improved debt to assets ratio.
2.2 Solvency
HAFN has an Altman-Z score of 3.38. This indicates that HAFN is financially healthy and has little risk of bankruptcy at the moment.
HAFN has a Altman-Z score of 3.38. This is in the better half of the industry: HAFN outperforms 79.41% of its industry peers.
The Debt to FCF ratio of HAFN is 1.14, which is an excellent value as it means it would take HAFN, only 1.14 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HAFN (1.14) is better than 84.80% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that HAFN is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.34, HAFN perfoms like the industry average, outperforming 55.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 3.38 |
ROIC/WACC2.63
WACC8.14%
2.3 Liquidity
A Current Ratio of 1.70 indicates that HAFN should not have too much problems paying its short term obligations.
HAFN has a better Current ratio (1.70) than 68.63% of its industry peers.
HAFN has a Quick Ratio of 1.52. This is a normal value and indicates that HAFN is financially healthy and should not expect problems in meeting its short term obligations.
HAFN has a better Quick ratio (1.52) than 67.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
The earnings per share for HAFN have decreased by -2.86% in the last year.
Measured over the past years, HAFN shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.78% on average per year.
The Revenue has grown by 68.14% in the past year. This is a very strong growth!
HAFN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 48.63% yearly.
EPS 1Y (TTM)-2.86%
EPS 3Y55.78%
EPS 5YN/A
EPS Q2Q%44.83%
Revenue 1Y (TTM)68.14%
Revenue growth 3Y45.13%
Revenue growth 5Y48.63%
Sales Q2Q%16.53%
3.2 Future
HAFN is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -18.05% yearly.
The Revenue is expected to decrease by -10.32% on average over the next years. This is quite bad
EPS Next Y1.12%
EPS Next 2Y-24.26%
EPS Next 3Y-18.05%
EPS Next 5YN/A
Revenue Next Year-4.04%
Revenue Next 2Y-13.14%
Revenue Next 3Y-10.32%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
HAFN is valuated cheaply with a Price/Earnings ratio of 2.97.
HAFN's Price/Earnings ratio is rather cheap when compared to the industry. HAFN is cheaper than 97.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, HAFN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.68, the valuation of HAFN can be described as very cheap.
Based on the Price/Forward Earnings ratio, HAFN is valued cheaper than 88.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, HAFN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.97 | ||
| Fwd PE | 5.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAFN is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, HAFN is valued cheaper than 94.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.73 | ||
| EV/EBITDA | 3.09 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HAFN does not grow enough to justify the current Price/Earnings ratio.
HAFN has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as HAFN's earnings are expected to decrease with -18.05% in the coming years.
PEG (NY)2.66
PEG (5Y)N/A
EPS Next 2Y-24.26%
EPS Next 3Y-18.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 27.18%, HAFN is a good candidate for dividend investing.
HAFN's Dividend Yield is rather good when compared to the industry average which is at 6.67. HAFN pays more dividend than 98.53% of the companies in the same industry.
HAFN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 27.18% |
5.2 History
The dividend of HAFN is nicely growing with an annual growth rate of 141.09%!
HAFN has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)141.09%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
69.98% of the earnings are spent on dividend by HAFN. This is not a sustainable payout ratio.
The Dividend Rate of HAFN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP69.98%
EPS Next 2Y-24.26%
EPS Next 3Y-18.05%
5.05
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.95%
Inst Owner Change2087.86%
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap2.59B
Analysts85
Price Target8.34 (65.15%)
Short Float %1.35%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 27.18% |
Yearly Dividend1.08
Dividend Growth(5Y)141.09%
DP69.98%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.09%
Min EPS beat(2)4.98%
Max EPS beat(2)11.21%
EPS beat(4)2
Avg EPS beat(4)2.69%
Min EPS beat(4)-4.69%
Max EPS beat(4)11.21%
EPS beat(8)5
Avg EPS beat(8)4.61%
EPS beat(12)8
Avg EPS beat(12)26.48%
EPS beat(16)10
Avg EPS beat(16)23.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.47%
Min Revenue beat(2)-2%
Max Revenue beat(2)1.07%
Revenue beat(4)1
Avg Revenue beat(4)-3.25%
Min Revenue beat(4)-6.54%
Max Revenue beat(4)1.07%
Revenue beat(8)3
Avg Revenue beat(8)0.82%
Revenue beat(12)7
Avg Revenue beat(12)18.45%
Revenue beat(16)11
Avg Revenue beat(16)35%
PT rev (1m)-1.14%
PT rev (3m)-9.44%
EPS NQ rev (1m)-25.44%
EPS NQ rev (3m)-47.5%
EPS NY rev (1m)-6.21%
EPS NY rev (3m)-6.21%
Revenue NQ rev (1m)-14.5%
Revenue NQ rev (3m)-25.43%
Revenue NY rev (1m)-0.74%
Revenue NY rev (3m)-8.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.97 | ||
| Fwd PE | 5.68 | ||
| P/S | 0.74 | ||
| P/FCF | 2.73 | ||
| P/OCF | 2.51 | ||
| P/B | 1.07 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 3.09 |
EPS(TTM)1.7
EY33.66%
EPS(NY)0.89
Fwd EY17.61%
FCF(TTM)1.85
FCFY36.69%
OCF(TTM)2.01
OCFY39.88%
SpS6.83
BVpS4.72
TBVpS4.72
PEG (NY)2.66
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.74% | ||
| ROE | 35.98% | ||
| ROCE | 27.1% | ||
| ROIC | 21.41% | ||
| ROICexc | 23.49% | ||
| ROICexgc | 23.5% | ||
| OM | 25.12% | ||
| PM (TTM) | 24.88% | ||
| GM | N/A | ||
| FCFM | 27.13% |
ROA(3y)12.37%
ROA(5y)9.13%
ROE(3y)22.68%
ROE(5y)17.48%
ROIC(3y)12.54%
ROIC(5y)9.93%
ROICexc(3y)13.34%
ROICexc(5y)10.51%
ROICexgc(3y)13.35%
ROICexgc(5y)10.52%
ROCE(3y)15.87%
ROCE(5y)12.57%
ROICexcg growth 3Y41.03%
ROICexcg growth 5Y72.67%
ROICexc growth 3Y41.11%
ROICexc growth 5Y72.66%
OM growth 3Y8.32%
OM growth 5Y41.35%
PM growth 3Y20.38%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.14 | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 38.12% | ||
| Cap/Sales | 2.36% | ||
| Interest Coverage | 16.27 | ||
| Cash Conversion | 94.2% | ||
| Profit Quality | 109.06% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 3.38 |
F-Score6
WACC8.14%
ROIC/WACC2.63
Cap/Depr(3y)106.34%
Cap/Depr(5y)112.39%
Cap/Sales(3y)11.15%
Cap/Sales(5y)14.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.86%
EPS 3Y55.78%
EPS 5YN/A
EPS Q2Q%44.83%
EPS Next Y1.12%
EPS Next 2Y-24.26%
EPS Next 3Y-18.05%
EPS Next 5YN/A
Revenue 1Y (TTM)68.14%
Revenue growth 3Y45.13%
Revenue growth 5Y48.63%
Sales Q2Q%16.53%
Revenue Next Year-4.04%
Revenue Next 2Y-13.14%
Revenue Next 3Y-10.32%
Revenue Next 5YN/A
EBIT growth 1Y-2.66%
EBIT growth 3Y57.2%
EBIT growth 5Y110.09%
EBIT Next Year27.58%
EBIT Next 3Y-3.64%
EBIT Next 5YN/A
FCF growth 1Y3987.28%
FCF growth 3Y35.81%
FCF growth 5Y83.24%
OCF growth 1Y143.74%
OCF growth 3Y38.59%
OCF growth 5Y77.82%