HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe - OSL:HAFNI - SGXZ53070850 - Common Stock
58.2 NOK
+1.72 (+3.05%)
Overall HAFNI gets a fundamental rating of 6 out of 10. We evaluated HAFNI against 63 industry peers in the Oil, Gas & Consumable Fuels industry. While HAFNI has a great profitability rating, there are some minor concerns on its financial health. HAFNI has a bad growth rate and is valued cheaply. With these ratings, HAFNI could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year HAFNI was profitable.
HAFNI had a positive operating cash flow in the past year.
Of the past 5 years HAFNI 4 years were profitable.
HAFNI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HAFNI's Return On Assets of 11.82% is amongst the best of the industry. HAFNI outperforms 95.24% of its industry peers.
With a decent Return On Equity value of 18.86%, HAFNI is doing good in the industry, outperforming 76.19% of the companies in the same industry.
HAFNI has a better Return On Invested Capital (11.57%) than 82.54% of its industry peers.
HAFNI had an Average Return On Invested Capital over the past 3 years of 18.77%. This is significantly above the industry average of 9.70%.
The 3 year average ROIC (18.77%) for HAFNI is well above the current ROIC(11.57%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 18.86% | ||
| ROIC | 11.57% |
ROA(3y)20.08%
ROA(5y)12.77%
ROE(3y)35.74%
ROE(5y)23.04%
ROIC(3y)18.77%
ROIC(5y)12.65%
1.3 Margins
HAFNI has a Profit Margin of 18.42%. This is in the better half of the industry: HAFNI outperforms 77.78% of its industry peers.
In the last couple of years the Profit Margin of HAFNI has grown nicely.
With a Operating Margin value of 18.71%, HAFNI perfoms like the industry average, outperforming 50.79% of the companies in the same industry.
In the last couple of years the Operating Margin of HAFNI 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), HAFNI is creating value.
The number of shares outstanding for HAFNI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, HAFNI has more shares outstanding
Compared to 1 year ago, HAFNI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.81 indicates that HAFNI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.81, HAFNI belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
The Debt to FCF ratio of HAFNI is 1.43, which is an excellent value as it means it would take HAFNI, only 1.43 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.43, HAFNI belongs to the best of the industry, outperforming 87.30% of the companies in the same industry.
HAFNI has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
HAFNI's Debt to Equity ratio of 0.27 is fine compared to the rest of the industry. HAFNI outperforms 73.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 2.81 |
ROIC/WACC1.37
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HAFNI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.21, HAFNI is doing worse than 63.49% of the companies in the same industry.
HAFNI has a Quick Ratio of 1.09. This is a normal value and indicates that HAFNI is financially healthy and should not expect problems in meeting its short term obligations.
HAFNI's Quick ratio of 1.09 is in line compared to the rest of the industry. HAFNI outperforms 53.97% 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 HAFNI have decreased strongly by -45.86% 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
Looking at the last year, HAFNI shows a very negative growth in Revenue. The Revenue has decreased by -26.61% in the last year.
Measured over the past years, HAFNI 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, HAFNI will show a very negative growth in Earnings Per Share. The EPS will decrease by -18.37% on average per year.
The Revenue is expected to decrease by -11.09% on average over the next years. This is quite bad
EPS Next Y-52.17%
EPS Next 2Y-27.18%
EPS Next 3Y-18.37%
EPS Next 5YN/A
Revenue Next Year-27.89%
Revenue Next 2Y-16.09%
Revenue Next 3Y-11.09%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.72, which indicates a rather cheap valuation of HAFNI.
90.48% of the companies in the same industry are more expensive than HAFNI, based on the Price/Earnings ratio.
HAFNI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.49.
Based on the Price/Forward Earnings ratio of 7.13, the valuation of HAFNI can be described as very cheap.
HAFNI's Price/Forward Earnings ratio is rather cheap when compared to the industry. HAFNI is cheaper than 80.95% of the companies in the same industry.
HAFNI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 7.13 |
4.2 Price Multiples
HAFNI's Enterprise Value to EBITDA ratio is in line with the industry average.
HAFNI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HAFNI is cheaper than 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.08 | ||
| EV/EBITDA | 5.49 |
4.3 Compensation for Growth
HAFNI has a very decent profitability rating, which may justify a higher PE ratio.
HAFNI's earnings are expected to decrease with -18.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.14
EPS Next 2Y-27.18%
EPS Next 3Y-18.37%
5. Dividend
5.1 Amount
HAFNI has a Yearly Dividend Yield of 10.69%, which is a nice return.
Compared to an average industry Dividend Yield of 57.51, HAFNI pays a better dividend. On top of this HAFNI pays more dividend than 87.30% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, HAFNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.69% |
5.2 History
On average, the dividend of HAFNI grows each year by 141.09%, which is quite nice.
Dividend Growth(5Y)141.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
107.40% of the earnings are spent on dividend by HAFNI. This is not a sustainable payout ratio.
HAFNI'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-27.18%
EPS Next 3Y-18.37%
OSL:HAFNI (10/15/2025, 4:19:53 PM)
58.2
+1.72 (+3.05%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners27.88%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap29.83B
Analysts84
Price Target75.69 (30.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.69% |
Yearly Dividend14.04
Dividend Growth(5Y)141.09%
DP107.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)0.65%
PT rev (3m)4.14%
EPS NQ rev (1m)-1.85%
EPS NQ rev (3m)15.22%
EPS NY rev (1m)6.07%
EPS NY rev (3m)4%
Revenue NQ rev (1m)1.36%
Revenue NQ rev (3m)10.04%
Revenue NY rev (1m)0.28%
Revenue NY rev (3m)4.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 7.13 | ||
| P/S | 1.24 | ||
| P/FCF | 4.08 | ||
| P/OCF | 3.63 | ||
| P/B | 1.27 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 5.49 |
EPS(TTM)8.66
EY14.88%
EPS(NY)8.16
Fwd EY14.02%
FCF(TTM)14.26
FCFY24.49%
OCF(TTM)16.03
OCFY27.54%
SpS46.81
BVpS45.73
TBVpS45.73
PEG (NY)N/A
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 18.86% | ||
| ROCE | 15.03% | ||
| ROIC | 11.57% | ||
| ROICexc | 12.96% | ||
| ROICexgc | 12.96% | ||
| 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)18.77%
ROIC(5y)12.65%
ROICexc(3y)20.21%
ROICexc(5y)13.58%
ROICexgc(3y)20.22%
ROICexgc(5y)13.59%
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-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 | 2.81 |
F-Score5
WACC8.45%
ROIC/WACC1.37
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-52.17%
EPS Next 2Y-27.18%
EPS Next 3Y-18.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-44.61%
Revenue Next Year-27.89%
Revenue Next 2Y-16.09%
Revenue Next 3Y-11.09%
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%