HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:HAFNI - SGXZ53070850 - Common Stock
57.31 NOK
+0.31 (+0.54%)
Overall HAFNI gets a fundamental rating of 6 out of 10. We evaluated HAFNI against 71 industry peers in the Oil, Gas & Consumable Fuels industry. HAFNI gets an excellent profitability rating and is at the same time showing great financial health properties. HAFNI is cheap, but on the other hand it scores bad on growth. 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.
- In the past year HAFNI had a positive cash flow from operations.
- Of the past 5 years HAFNI 4 years were profitable.
- In the past 5 years HAFNI always reported a positive cash flow from operatings.
1.2 Ratios
- HAFNI has a Return On Assets of 8.68%. This is amongst the best in the industry. HAFNI outperforms 90.14% of its industry peers.
- HAFNI has a Return On Equity of 13.30%. This is in the better half of the industry: HAFNI outperforms 76.06% of its industry peers.
- HAFNI has a Return On Invested Capital of 8.62%. This is amongst the best in the industry. HAFNI outperforms 80.28% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HAFNI is significantly above the industry average of 8.91%.
- The last Return On Invested Capital (8.62%) for HAFNI is well below the 3 year average (18.77%), which needs to be investigated, but indicates that HAFNI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 13.3% | ||
| ROIC | 8.62% |
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 better Profit Margin (13.95%) than 71.83% of its industry peers.
- In the last couple of years the Profit Margin of HAFNI has grown nicely.
- HAFNI has a Operating Margin of 15.12%. This is comparable to the rest of the industry: HAFNI outperforms 47.89% of its industry peers.
- In the last couple of years the Operating Margin of HAFNI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.12% | ||
| PM (TTM) | 13.95% | ||
| 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.
- HAFNI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HAFNI has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.00 indicates that HAFNI is not in any danger for bankruptcy at the moment.
- The Altman-Z score of HAFNI (3.00) is better than 70.42% of its industry peers.
- The Debt to FCF ratio of HAFNI is 1.74, which is an excellent value as it means it would take HAFNI, only 1.74 years of fcf income to pay off all of its debts.
- HAFNI has a Debt to FCF ratio of 1.74. This is amongst the best in the industry. HAFNI outperforms 88.73% of its industry peers.
- HAFNI has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.29, HAFNI is doing good in the industry, outperforming 70.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3 |
ROIC/WACC1
WACC8.61%
2.3 Liquidity
- A Current Ratio of 1.52 indicates that HAFNI should not have too much problems paying its short term obligations.
- HAFNI's Current ratio of 1.52 is fine compared to the rest of the industry. HAFNI outperforms 63.38% of its industry peers.
- A Quick Ratio of 1.38 indicates that HAFNI should not have too much problems paying its short term obligations.
- HAFNI has a better Quick ratio (1.38) than 73.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
- HAFNI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.12%.
- The Earnings Per Share has been growing by 49.51% on average over the past years. This is a very strong growth
- The Revenue for HAFNI has decreased by -36.53% in the past year. This is quite bad
- The Revenue has been growing by 28.22% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-64.12%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-57.14%
Revenue 1Y (TTM)-36.53%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-31.68%
3.2 Future
- HAFNI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.67% yearly.
- HAFNI is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -13.08% yearly.
EPS Next Y-53.21%
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
EPS Next 5YN/A
Revenue Next Year-31.22%
Revenue Next 2Y-16.95%
Revenue Next 3Y-13.08%
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.
- 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
- Based on the Price/Earnings ratio of 9.70, the valuation of HAFNI can be described as reasonable.
- 83.10% of the companies in the same industry are more expensive than HAFNI, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of HAFNI to the average of the S&P500 Index (28.82), we can say HAFNI is valued rather cheaply.
- The Price/Forward Earnings ratio is 8.04, which indicates a very decent valuation of HAFNI.
- HAFNI's Price/Forward Earnings ratio is rather cheap when compared to the industry. HAFNI is cheaper than 90.14% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.95. HAFNI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 8.04 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as HAFNI.
- 88.73% of the companies in the same industry are more expensive than HAFNI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.9 | ||
| EV/EBITDA | 6.98 |
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 -23.67% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.02%, HAFNI is a good candidate for dividend investing.
- HAFNI's Dividend Yield is rather good when compared to the industry average which is at 5.24. HAFNI pays more dividend than 87.32% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, HAFNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.02% |
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
- HAFNI pays out 102.71% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of HAFNI has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP102.71%
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
HAFNIA LTD / HAFNI.OL FAQ
What is the fundamental rating for HAFNI stock?
ChartMill assigns a fundamental rating of 6 / 10 to HAFNI.OL.
What is the valuation status of HAFNIA LTD (HAFNI.OL) stock?
ChartMill assigns a valuation rating of 7 / 10 to HAFNIA LTD (HAFNI.OL). This can be considered as Undervalued.
What is the profitability of HAFNI stock?
HAFNIA LTD (HAFNI.OL) has a profitability rating of 7 / 10.
What are the PE and PB ratios of HAFNIA LTD (HAFNI.OL) stock?
The Price/Earnings (PE) ratio for HAFNIA LTD (HAFNI.OL) is 9.7 and the Price/Book (PB) ratio is 1.3.
Is the dividend of HAFNIA LTD sustainable?
The dividend rating of HAFNIA LTD (HAFNI.OL) is 6 / 10 and the dividend payout ratio is 102.71%.