HAFNIA LTD (HAFN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HAFN - SGXZ53070850 - Common Stock
6.18 USD
-0.24 (-3.74%)
6.24 USD
+0.06 (+0.97%)
We assign a fundamental rating of 6 out of 10 to HAFN. HAFN was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making HAFN a very profitable company, without any liquidiy or solvency issues. HAFN is cheap, but on the other hand it scores bad on growth. With these ratings, HAFN could be worth investigating further 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's Return On Assets of 11.82% is amongst the best of the industry. HAFN outperforms 92.86% of its industry peers.
HAFN has a Return On Equity of 18.86%. This is amongst the best in the industry. HAFN outperforms 84.76% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.87%, HAFN belongs to the top of the industry, outperforming 88.10% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for HAFN is below the industry average of 21.41%.
The 3 year average ROIC (19.25%) for HAFN is well above the current ROIC(11.87%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 18.86% | ||
| ROIC | 11.87% |
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 (18.42%) than 72.38% of its industry peers.
HAFN's Profit Margin has improved in the last couple of years.
HAFN's Operating Margin of 18.71% is in line compared to the rest of the industry. HAFN outperforms 54.29% of its industry peers.
In the last couple of years the Operating Margin of HAFN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.71% | ||
| PM (TTM) | 18.42% | ||
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), HAFN is creating value.
Compared to 1 year ago, HAFN has about the same amount of shares outstanding.
HAFN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HAFN has been reduced compared to a year ago.
2.2 Solvency
HAFN has an Altman-Z score of 2.96. This is not the best score and indicates that HAFN is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.96, HAFN belongs to the top of the industry, outperforming 80.48% of the companies in the same industry.
HAFN has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
HAFN has a Debt to FCF ratio of 1.43. This is amongst the best in the industry. HAFN outperforms 87.14% of its industry peers.
HAFN has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.27, HAFN is in the better half of the industry, outperforming 63.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.53
WACC7.77%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HAFN should not have too much problems paying its short term obligations.
HAFN's Current ratio of 1.21 is in line compared to the rest of the industry. HAFN outperforms 54.29% of its industry peers.
HAFN has a Quick Ratio of 1.09. 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 Quick ratio of 1.09. This is comparable to the rest of the industry: HAFN outperforms 56.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The earnings per share for HAFN have decreased strongly by -45.86% in the last year.
HAFN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.51% yearly.
HAFN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.61%.
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)-45.86%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-70.59%
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-44.61%
3.2 Future
Based on estimates for the next years, HAFN will show a very negative growth in Earnings Per Share. The EPS will decrease by -20.38% on average per year.
The Revenue is expected to decrease by -12.67% on average over the next years. This is quite bad
EPS Next Y-52.64%
EPS Next 2Y-29.64%
EPS Next 3Y-20.38%
EPS Next 5YN/A
Revenue Next Year-31.5%
Revenue Next 2Y-17.67%
Revenue Next 3Y-12.67%
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
Based on the Price/Earnings ratio of 7.27, the valuation of HAFN can be described as very cheap.
89.05% of the companies in the same industry are more expensive than HAFN, based on the Price/Earnings ratio.
HAFN is valuated cheaply when we compare the Price/Earnings ratio to 25.65, which is the current average of the S&P500 Index.
HAFN is valuated reasonably with a Price/Forward Earnings ratio of 8.27.
Based on the Price/Forward Earnings ratio, HAFN is valued cheaply inside the industry as 83.81% of the companies are valued more expensively.
HAFN is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 8.27 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAFN is valued a bit cheaper than 68.10% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HAFN is valued cheaper than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.42 | ||
| EV/EBITDA | 5.99 |
4.3 Compensation for Growth
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 -20.38% in the coming years.
PEG (NY)N/A
PEG (5Y)0.15
EPS Next 2Y-29.64%
EPS Next 3Y-20.38%
5. Dividend
5.1 Amount
HAFN has a Yearly Dividend Yield of 9.75%, which is a nice return.
Compared to an average industry Dividend Yield of 5.88, HAFN pays a better dividend. On top of this HAFN pays more dividend than 88.57% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, HAFN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.75% |
5.2 History
On average, the dividend of HAFN grows each year by 141.09%, which is quite nice.
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
HAFN pays out 107.40% of its income as dividend. 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.
DP107.4%
EPS Next 2Y-29.64%
EPS Next 3Y-20.38%
6.18
-0.24 (-3.74%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners27.88%
Inst Owner Change5.35%
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap3.17B
Revenue(TTM)2.35B
Net Income(TTM)433.79M
Analysts84
Price Target7.58 (22.65%)
Short Float %1.27%
Short Ratio3.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.75% |
Yearly Dividend1.39
Dividend Growth(5Y)141.09%
DP107.4%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.3%
Min EPS beat(2)-8.54%
Max EPS beat(2)-0.05%
EPS beat(4)1
Avg EPS beat(4)-2.41%
Min EPS beat(4)-12.27%
Max EPS beat(4)11.21%
EPS beat(8)3
Avg EPS beat(8)-0.73%
EPS beat(12)6
Avg EPS beat(12)1.97%
EPS beat(16)8
Avg EPS beat(16)18.18%
Revenue beat(2)0
Avg Revenue beat(2)-9.03%
Min Revenue beat(2)-11.32%
Max Revenue beat(2)-6.73%
Revenue beat(4)0
Avg Revenue beat(4)-7.52%
Min Revenue beat(4)-11.32%
Max Revenue beat(4)-2%
Revenue beat(8)1
Avg Revenue beat(8)-5.29%
Revenue beat(12)4
Avg Revenue beat(12)-0.26%
Revenue beat(16)8
Avg Revenue beat(16)17.69%
PT rev (1m)-0.02%
PT rev (3m)5.44%
EPS NQ rev (1m)4.72%
EPS NQ rev (3m)24.52%
EPS NY rev (1m)-0.99%
EPS NY rev (3m)5.02%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)10.3%
Revenue NY rev (1m)-5%
Revenue NY rev (3m)-2.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 8.27 | ||
| P/S | 1.35 | ||
| P/FCF | 4.42 | ||
| P/OCF | 3.93 | ||
| P/B | 1.38 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | 5.99 |
EPS(TTM)0.85
EY13.75%
EPS(NY)0.75
Fwd EY12.1%
FCF(TTM)1.4
FCFY22.64%
OCF(TTM)1.57
OCFY25.45%
SpS4.59
BVpS4.49
TBVpS4.49
PEG (NY)N/A
PEG (5Y)0.15
Graham Number9.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 18.86% | ||
| ROCE | 15.03% | ||
| ROIC | 11.87% | ||
| ROICexc | 13.29% | ||
| ROICexgc | 13.3% | ||
| OM | 18.71% | ||
| PM (TTM) | 18.42% | ||
| GM | N/A | ||
| FCFM | 30.45% |
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%
ROICexgc growth 3Y1860.8%
ROICexgc 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-Score5
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 43.11% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 9.68 | ||
| Cash Conversion | 124.52% | ||
| Profit Quality | 165.3% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.96 |
F-Score5
WACC7.77%
ROIC/WACC1.53
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)-45.86%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-70.59%
EPS Next Y-52.64%
EPS Next 2Y-29.64%
EPS Next 3Y-20.38%
EPS Next 5YN/A
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-44.61%
Revenue Next Year-31.5%
Revenue Next 2Y-17.67%
Revenue Next 3Y-12.67%
Revenue Next 5YN/A
EBIT growth 1Y-47.75%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-20.83%
EBIT Next 3Y-8.31%
EBIT Next 5YN/A
FCF growth 1Y-27.78%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-26.9%
OCF growth 3Y113.12%
OCF growth 5Y30.15%
HAFNIA LTD / HAFN FAQ
What is the ChartMill fundamental rating of HAFNIA LTD (HAFN) stock?
ChartMill assigns a fundamental rating of 6 / 10 to HAFN.
Can you provide the valuation status for HAFNIA LTD?
ChartMill assigns a valuation rating of 7 / 10 to HAFNIA LTD (HAFN). This can be considered as Undervalued.
Can you provide the profitability details for HAFNIA LTD?
HAFNIA LTD (HAFN) has a profitability rating of 7 / 10.
What is the financial health of HAFNIA LTD (HAFN) stock?
The financial health rating of HAFNIA LTD (HAFN) is 7 / 10.
What is the expected EPS growth for HAFNIA LTD (HAFN) stock?
The Earnings per Share (EPS) of HAFNIA LTD (HAFN) is expected to decline by -52.64% in the next year.