HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
OSL:HAFNI - Euronext Oslo - SGXZ53070850 - Common Stock - Currency: NOK
Overall HAFNI gets a fundamental rating of 7 out of 10. We evaluated HAFNI against 62 industry peers in the Oil, Gas & Consumable Fuels industry. HAFNI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on HAFNI. These ratings would make HAFNI suitable 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.
HAFNI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 20.72%, HAFNI belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
The Return On Equity of HAFNI (34.21%) is better than 87.30% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.63%, HAFNI belongs to the top of the industry, outperforming 87.30% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HAFNI is significantly above the industry average of 11.89%.
The last Return On Invested Capital (19.63%) for HAFNI is above the 3 year average (18.77%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.72% | ||
| ROE | 34.21% | ||
| ROIC | 19.63% |
ROA(3y)20.01%
ROA(5y)12.74%
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 26.98%. This is in the better half of the industry: HAFNI outperforms 77.78% of its industry peers.
HAFNI's Profit Margin has improved in the last couple of years.
HAFNI's Operating Margin of 27.09% is fine compared to the rest of the industry. HAFNI outperforms 66.67% of its industry peers.
HAFNI's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.09% | ||
| PM (TTM) | 26.98% | ||
| 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.
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 2.71 indicates that HAFNI is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.71, HAFNI is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
The Debt to FCF ratio of HAFNI is 1.14, which is an excellent value as it means it would take HAFNI, only 1.14 years of fcf income to pay off all of its debts.
HAFNI has a Debt to FCF ratio of 1.14. This is amongst the best in the industry. HAFNI outperforms 88.89% of its industry peers.
HAFNI has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HAFNI (0.35) is better than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 2.71 |
ROIC/WACC2.75
WACC7.14%
2.3 Liquidity
A Current Ratio of 1.36 indicates that HAFNI should not have too much problems paying its short term obligations.
The Current ratio of HAFNI (1.36) is comparable to the rest of the industry.
HAFNI has a Quick Ratio of 1.22. This is a normal value and indicates that HAFNI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.22, HAFNI is in line with its industry, outperforming 58.73% of the companies in the same industry.
HAFNI does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
The earnings per share for HAFNI have decreased by -2.58% in the last year.
The Earnings Per Share has been growing by 48.93% on average over the past years. This is a very strong growth
Looking at the last year, HAFNI shows a small growth in Revenue. The Revenue has grown by 7.37% in the last year.
HAFNI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.22% yearly.
EPS 1Y (TTM)-2.58%
EPS 3YN/A
EPS 5Y48.93%
EPS Q2Q%-55.88%
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%6.98%
3.2 Future
The Earnings Per Share is expected to decrease by -24.83% on average over the next years. This is quite bad
HAFNI is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -11.24% yearly.
EPS Next Y-41.11%
EPS Next 2Y-24.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-26.6%
Revenue Next 2Y-15.52%
Revenue Next 3Y-11.24%
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
With a Price/Earnings ratio of 2.93, the valuation of HAFNI can be described as very cheap.
87.30% of the companies in the same industry are more expensive than HAFNI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, HAFNI is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.97, the valuation of HAFNI can be described as very cheap.
90.48% of the companies in the same industry are more expensive than HAFNI, based on the Price/Forward Earnings ratio.
HAFNI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.93 | ||
| Fwd PE | 4.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAFNI indicates a somewhat cheap valuation: HAFNI is cheaper than 60.32% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAFNI indicates a rather cheap valuation: HAFNI is cheaper than 88.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.31 | ||
| EV/EBITDA | 3.13 |
4.3 Compensation for Growth
HAFNI has an outstanding profitability rating, which may justify a higher PE ratio.
HAFNI's earnings are expected to decrease with -24.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.06
EPS Next 2Y-24.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 26.72%, HAFNI is a good candidate for dividend investing.
HAFNI's Dividend Yield is rather good when compared to the industry average which is at 60.92. HAFNI pays more dividend than 93.65% of the companies in the same industry.
HAFNI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 26.72% |
5.2 History
The dividend of HAFNI is nicely growing with an annual growth rate of 141.09%!
Dividend Growth(5Y)141.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
HAFNI pays out 90.42% of its income as dividend. 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.
DP90.42%
EPS Next 2Y-24.83%
EPS Next 3YN/A
OSL:HAFNI (3/7/2025, 7:00:00 PM)
47.84
+0.78 (+1.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.95%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap24.52B
Analysts85.33
Price Target90.05 (88.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 26.72% |
Yearly Dividend15.07
Dividend Growth(5Y)141.09%
DP90.42%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.72%
Min EPS beat(2)-30.65%
Max EPS beat(2)11.21%
EPS beat(4)2
Avg EPS beat(4)-4.79%
Min EPS beat(4)-30.65%
Max EPS beat(4)11.21%
EPS beat(8)5
Avg EPS beat(8)1.2%
EPS beat(12)8
Avg EPS beat(12)34.05%
EPS beat(16)10
Avg EPS beat(16)23.34%
Revenue beat(2)1
Avg Revenue beat(2)11.13%
Min Revenue beat(2)-2%
Max Revenue beat(2)24.26%
Revenue beat(4)2
Avg Revenue beat(4)4.19%
Min Revenue beat(4)-6.54%
Max Revenue beat(4)24.26%
Revenue beat(8)3
Avg Revenue beat(8)0.5%
Revenue beat(12)7
Avg Revenue beat(12)11.89%
Revenue beat(16)11
Avg Revenue beat(16)32.41%
PT rev (1m)-5.03%
PT rev (3m)-9.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.05%
EPS NY rev (1m)-10.38%
EPS NY rev (3m)-30.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.69%
Revenue NY rev (1m)-10.01%
Revenue NY rev (3m)-21.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.93 | ||
| Fwd PE | 4.97 | ||
| P/S | 0.79 | ||
| P/FCF | 2.31 | ||
| P/OCF | 2.2 | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | 3.13 |
EPS(TTM)16.35
EY34.18%
EPS(NY)9.63
Fwd EY20.13%
FCF(TTM)20.72
FCFY43.32%
OCF(TTM)21.77
OCFY45.51%
SpS60.62
BVpS47.81
TBVpS47.8
PEG (NY)N/A
PEG (5Y)0.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.72% | ||
| ROE | 34.21% | ||
| ROCE | 25.5% | ||
| ROIC | 19.63% | ||
| ROICexc | 21.64% | ||
| ROICexgc | 21.65% | ||
| OM | 27.09% | ||
| PM (TTM) | 26.98% | ||
| GM | N/A | ||
| FCFM | 34.19% |
ROA(3y)20.01%
ROA(5y)12.74%
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-Score7
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 23.07% | ||
| Cap/Sales | 1.73% | ||
| Interest Coverage | 18.65 | ||
| Cash Conversion | 103.83% | ||
| Profit Quality | 126.71% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.71 |
F-Score7
WACC7.14%
ROIC/WACC2.75
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)-2.58%
EPS 3YN/A
EPS 5Y48.93%
EPS Q2Q%-55.88%
EPS Next Y-41.11%
EPS Next 2Y-24.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%6.98%
Revenue Next Year-26.6%
Revenue Next 2Y-15.52%
Revenue Next 3Y-11.24%
Revenue Next 5YN/A
EBIT growth 1Y-3.07%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year0.53%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y11.9%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-2.87%
OCF growth 3Y113.12%
OCF growth 5Y30.15%