HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe - OSL:HAFNI - SGXZ53070850 - Common Stock
61.53 NOK
+0.71 (+1.17%)
Taking everything into account, HAFNI scores 6 out of 10 in our fundamental rating. HAFNI was compared to 65 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
HAFNI had positive earnings in the past year.
In the past year HAFNI had a positive cash flow from operations.
Of the past 5 years HAFNI 4 years were profitable.
Each year in the past 5 years HAFNI had a positive operating cash flow.
1.2 Ratios
HAFNI's Return On Assets of 11.82% is amongst the best of the industry. HAFNI outperforms 92.31% of its industry peers.
HAFNI has a better Return On Equity (18.86%) than 75.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.57%, HAFNI belongs to the top of the industry, outperforming 83.08% of the companies in the same industry.
HAFNI had an Average Return On Invested Capital over the past 3 years of 18.77%. This is significantly above the industry average of 9.91%.
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
The Profit Margin of HAFNI (18.42%) is better than 76.92% of its industry peers.
HAFNI's Profit Margin has improved in the last couple of years.
HAFNI has a Operating Margin (18.71%) which is comparable to the rest of the 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HAFNI is creating value.
Compared to 1 year ago, HAFNI has about the same amount of shares outstanding.
The number of shares outstanding for HAFNI has been increased compared to 5 years ago.
Compared to 1 year ago, HAFNI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.95 indicates that HAFNI is not a great score, but indicates only limited risk for bankruptcy at the moment.
HAFNI has a better Altman-Z score (2.95) than 78.46% of its industry peers.
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.
The Debt to FCF ratio of HAFNI (1.43) is better than 87.69% of its industry peers.
HAFNI has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.27, HAFNI is in the better half of the industry, outperforming 72.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.37
WACC8.47%
2.3 Liquidity
A Current Ratio of 1.21 indicates that HAFNI should not have too much problems paying its short term obligations.
The Current ratio of HAFNI (1.21) is worse than 66.15% of its industry peers.
A Quick Ratio of 1.09 indicates that HAFNI should not have too much problems paying its short term obligations.
HAFNI's Quick ratio of 1.09 is in line compared to the rest of the industry. HAFNI outperforms 49.23% 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.
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 -26.61% 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)-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 -15.33% 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 -11.35% on average per year.
EPS Next Y-54.9%
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
EPS Next 5YN/A
Revenue Next Year-28.1%
Revenue Next 2Y-16.29%
Revenue Next 3Y-11.35%
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 7.33, the valuation of HAFNI can be described as very cheap.
HAFNI's Price/Earnings ratio is rather cheap when compared to the industry. HAFNI is cheaper than 86.15% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. HAFNI is valued rather cheaply when compared to this.
HAFNI is valuated cheaply with a Price/Forward Earnings ratio of 7.65.
Based on the Price/Forward Earnings ratio, HAFNI is valued cheaply inside the industry as 81.54% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, HAFNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.33 | ||
| Fwd PE | 7.65 |
4.2 Price Multiples
HAFNI's Enterprise Value to EBITDA is on the same level as the industry average.
HAFNI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HAFNI is cheaper than 87.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.45 | ||
| EV/EBITDA | 5.97 |
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 -15.33% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.15
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
5. Dividend
5.1 Amount
HAFNI has a Yearly Dividend Yield of 10.43%, which is a nice return.
Compared to an average industry Dividend Yield of 54.34, HAFNI pays a better dividend. On top of this HAFNI pays more dividend than 84.62% of the companies listed in the same industry.
HAFNI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.43% |
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 107.40% 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.
DP107.4%
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
OSL:HAFNI (9/15/2025, 1:20:32 PM)
61.53
+0.71 (+1.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.22%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap31.54B
Analysts86.67
Price Target75.2 (22.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.43% |
Yearly Dividend13.75
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)4.3%
PT rev (3m)3.46%
EPS NQ rev (1m)18.87%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)-1.95%
EPS NY rev (3m)-1.95%
Revenue NQ rev (1m)8.57%
Revenue NQ rev (3m)-11.79%
Revenue NY rev (1m)2.52%
Revenue NY rev (3m)4.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.33 | ||
| Fwd PE | 7.65 | ||
| P/S | 1.35 | ||
| P/FCF | 4.45 | ||
| P/OCF | 3.96 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 5.97 |
EPS(TTM)8.4
EY13.65%
EPS(NY)8.04
Fwd EY13.07%
FCF(TTM)13.83
FCFY22.48%
OCF(TTM)15.55
OCFY25.27%
SpS45.42
BVpS44.37
TBVpS44.36
PEG (NY)N/A
PEG (5Y)0.15
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 | 2.95 |
F-Score5
WACC8.47%
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-54.9%
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-44.61%
Revenue Next Year-28.1%
Revenue Next 2Y-16.29%
Revenue Next 3Y-11.35%
Revenue Next 5YN/A
EBIT growth 1Y-47.75%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-29.35%
EBIT Next 3Y-6.67%
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%