HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:HAFNI - SGXZ53070850 - Common Stock
57.84 NOK
-1.72 (-2.89%)
HAFNI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 75 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. These ratings would make HAFNI suitable for value investing!
1. Profitability
1.1 Basic Checks
- HAFNI had positive earnings in the past year.
- HAFNI had a positive operating cash flow in the past year.
- HAFNI had positive earnings in 4 of the past 5 years.
- HAFNI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- HAFNI has a better Return On Assets (8.68%) than 89.33% of its industry peers.
- The Return On Equity of HAFNI (13.30%) is better than 74.67% of its industry peers.
- HAFNI has a Return On Invested Capital of 8.62%. This is in the better half of the industry: HAFNI outperforms 80.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HAFNI is significantly above the industry average of 8.82%.
- 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
- With a decent Profit Margin value of 13.95%, HAFNI is doing good in the industry, outperforming 72.00% of the companies in the same industry.
- HAFNI's Profit Margin has improved in the last couple of years.
- HAFNI has a Operating Margin (15.12%) which is comparable to the rest of the industry.
- HAFNI's Operating Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 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.
- The debt/assets ratio for HAFNI has been reduced compared to a year ago.
2.2 Solvency
- HAFNI has an Altman-Z score of 3.00. This indicates that HAFNI is financially healthy and has little risk of bankruptcy at the moment.
- HAFNI has a better Altman-Z score (3.00) than 69.33% 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.
- The Debt to FCF ratio of HAFNI (1.74) is better than 89.33% of its industry peers.
- A Debt/Equity ratio of 0.29 indicates that HAFNI is not too dependend on debt financing.
- The Debt to Equity ratio of HAFNI (0.29) is better than 70.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3 |
ROIC/WACC1
WACC8.64%
2.3 Liquidity
- HAFNI has a Current Ratio of 1.52. This is a normal value and indicates that HAFNI is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of HAFNI (1.52) is better than 62.67% of its industry peers.
- HAFNI has a Quick Ratio of 1.38. This is a normal value and indicates that HAFNI is financially healthy and should not expect problems in meeting its short term obligations.
- HAFNI has a better Quick ratio (1.38) than 74.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
- The earnings per share for HAFNI have decreased strongly by -64.12% in the last year.
- Measured over the past years, HAFNI shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.51% on average per year.
- Looking at the last year, HAFNI shows a very negative growth in Revenue. The Revenue has decreased by -36.53% 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)-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 -21.65% yearly.
- The Revenue is expected to decrease by -13.08% on average over the next years. This is quite bad
EPS Next Y-52.84%
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
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
- 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
- Based on the Price/Earnings ratio of 9.40, the valuation of HAFNI can be described as reasonable.
- Based on the Price/Earnings ratio, HAFNI is valued cheaper than 81.33% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, HAFNI is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 7.39, the valuation of HAFNI can be described as very cheap.
- Based on the Price/Forward Earnings ratio, HAFNI is valued cheaply inside the industry as 90.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, HAFNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.4 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
- HAFNI's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, HAFNI is valued cheaply inside the industry as 89.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.72 | ||
| EV/EBITDA | 7.01 |
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 -21.65% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.89%, HAFNI is a good candidate for dividend investing.
- HAFNI's Dividend Yield is rather good when compared to the industry average which is at 5.11. HAFNI pays more dividend than 88.00% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.85, HAFNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.89% |
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
- 102.71% of the earnings are spent on dividend by HAFNI. 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-28.34%
EPS Next 3Y-21.65%
OSL:HAFNI (1/19/2026, 2:24:31 PM)
57.84
-1.72 (-2.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)12-01 2025-12-01/bmo
Earnings (Next)02-26 2026-02-26/bmo
Inst Owners28.7%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap29.65B
Revenue(TTM)2.22B
Net Income(TTM)310.03M
Analysts84.62
Price Target76.59 (32.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.89% |
Yearly Dividend14.03
Dividend Growth(5Y)141.09%
DP102.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.93%
Min EPS beat(2)-3.81%
Max EPS beat(2)-0.05%
EPS beat(4)0
Avg EPS beat(4)-6.17%
Min EPS beat(4)-12.27%
Max EPS beat(4)-0.05%
EPS beat(8)2
Avg EPS beat(8)-1.74%
EPS beat(12)5
Avg EPS beat(12)1.02%
EPS beat(16)8
Avg EPS beat(16)18.32%
Revenue beat(2)0
Avg Revenue beat(2)-5.9%
Min Revenue beat(2)-6.73%
Max Revenue beat(2)-5.07%
Revenue beat(4)0
Avg Revenue beat(4)-8.28%
Min Revenue beat(4)-11.32%
Max Revenue beat(4)-5.07%
Revenue beat(8)1
Avg Revenue beat(8)-5.77%
Revenue beat(12)3
Avg Revenue beat(12)-2.22%
Revenue beat(16)7
Avg Revenue beat(16)11.77%
PT rev (1m)0.3%
PT rev (3m)1.2%
EPS NQ rev (1m)-5.71%
EPS NQ rev (3m)-11.29%
EPS NY rev (1m)0.62%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)-2.32%
Revenue NQ rev (3m)-4.77%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)-4.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.4 | ||
| Fwd PE | 7.39 | ||
| P/S | 1.32 | ||
| P/FCF | 5.72 | ||
| P/OCF | 4.59 | ||
| P/B | 1.26 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 7.01 |
EPS(TTM)6.15
EY10.63%
EPS(NY)7.82
Fwd EY13.53%
FCF(TTM)10.11
FCFY17.49%
OCF(TTM)12.6
OCFY21.79%
SpS43.73
BVpS45.88
TBVpS45.87
PEG (NY)N/A
PEG (5Y)0.19
Graham Number79.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 13.3% | ||
| ROCE | 11.2% | ||
| ROIC | 8.62% | ||
| ROICexc | 9.02% | ||
| ROICexgc | 9.02% | ||
| OM | 15.12% | ||
| PM (TTM) | 13.95% | ||
| GM | N/A | ||
| FCFM | 23.13% |
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%
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 Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 61.69% | ||
| Cap/Sales | 5.69% | ||
| Interest Coverage | 7.02 | ||
| Cash Conversion | 118.39% | ||
| Profit Quality | 165.74% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 3 |
F-Score5
WACC8.64%
ROIC/WACC1
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)-64.12%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-57.14%
EPS Next Y-52.84%
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
EPS Next 5YN/A
Revenue 1Y (TTM)-36.53%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-31.68%
Revenue Next Year-31.22%
Revenue Next 2Y-16.95%
Revenue Next 3Y-13.08%
Revenue Next 5YN/A
EBIT growth 1Y-61.78%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-27.79%
EBIT Next 3Y-11.13%
EBIT Next 5YN/A
FCF growth 1Y-50.9%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-46.12%
OCF growth 3Y113.12%
OCF growth 5Y30.15%
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 9.4 and the Price/Book (PB) ratio is 1.26.
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%.