HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:HAFNI • SGXZ53070850
58.7 NOK
-0.52 (-0.88%)
Last: Feb 2, 2026, 03:46 PM
Taking everything into account, HAFNI scores 6 out of 10 in our fundamental rating. HAFNI was compared to 73 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. HAFNI is valued quite cheap, but it does not seem to be growing. This makes HAFNI very considerable for value investing!
1. Profitability
1.1 Basic Checks
- HAFNI had positive earnings in the past year.
- In the past year HAFNI had a positive cash flow from operations.
- HAFNI had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years HAFNI had a positive operating cash flow.
1.2 Ratios
- HAFNI has a Return On Assets of 8.68%. This is amongst the best in the industry. HAFNI outperforms 90.41% of its industry peers.
- With a decent Return On Equity value of 13.30%, HAFNI is doing good in the industry, outperforming 76.71% of the companies in the same industry.
- HAFNI has a Return On Invested Capital of 8.62%. This is amongst the best in the industry. HAFNI outperforms 80.82% 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 8.73%.
- The 3 year average ROIC (18.77%) for HAFNI is well above the current ROIC(8.62%). The reason for the recent decline needs to be investigated.
| 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 Profit Margin of 13.95%. This is in the better half of the industry: HAFNI outperforms 72.60% of its industry peers.
- In the last couple of years the Profit Margin of HAFNI has grown nicely.
- Looking at the Operating Margin, with a value of 15.12%, HAFNI is in line with its industry, outperforming 49.32% of the companies in the same 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), HAFNI is creating value.
- Compared to 1 year ago, HAFNI has about the same amount of shares outstanding.
- HAFNI has more shares outstanding than it did 5 years ago.
- HAFNI has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.08 indicates that HAFNI is not in any danger for bankruptcy at the moment.
- HAFNI has a better Altman-Z score (3.08) than 71.23% of its industry peers.
- HAFNI has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of all of its debts.
- HAFNI has a Debt to FCF ratio of 1.74. This is amongst the best in the industry. HAFNI outperforms 89.04% of its industry peers.
- A Debt/Equity ratio of 0.29 indicates that HAFNI is not too dependend on debt financing.
- HAFNI has a Debt to Equity ratio of 0.29. This is in the better half of the industry: HAFNI outperforms 69.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.08 |
ROIC/WACC1
WACC8.66%
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 63.01% 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 Quick ratio of 1.38. This is in the better half of the industry: HAFNI outperforms 73.97% 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.
- 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
- Based on estimates for the next years, HAFNI will show a very negative growth in Earnings Per Share. The EPS will decrease by -23.67% on average per year.
- Based on estimates for the next years, HAFNI will show a very negative growth in Revenue. The Revenue will decrease by -13.08% on average per year.
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
- 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 10.07, which indicates a very decent valuation of HAFNI.
- Compared to the rest of the industry, the Price/Earnings ratio of HAFNI indicates a rather cheap valuation: HAFNI is cheaper than 82.19% of the companies listed in the same industry.
- HAFNI is valuated cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 8.35, the valuation of HAFNI can be described as reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HAFNI indicates a rather cheap valuation: HAFNI is cheaper than 89.04% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, HAFNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.07 | ||
| Fwd PE | 8.35 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAFNI is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, HAFNI is valued cheaply inside the industry as 89.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.13 | ||
| EV/EBITDA | 7.28 |
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
- HAFNI has a Yearly Dividend Yield of 6.59%, which is a nice return.
- HAFNI's Dividend Yield is rather good when compared to the industry average which is at 5.10. HAFNI pays more dividend than 86.30% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, HAFNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
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 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 10.07 and the Price/Book (PB) ratio is 1.35.
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%.