HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
OSL:HAFNI - Euronext Oslo - SGXZ53070850 - Common Stock - Currency: NOK
HAFNI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals 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. HAFNI is valued quite cheap, while showing a decent growth score. This is a good combination! This makes HAFNI very considerable 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.
In the past 5 years HAFNI always reported a positive cash flow from operatings.
1.2 Ratios
HAFNI's Return On Assets of 20.91% is amongst the best of the industry. HAFNI outperforms 95.16% of its industry peers.
HAFNI has a Return On Equity of 34.21%. This is amongst the best in the industry. HAFNI outperforms 88.71% of its industry peers.
HAFNI's Return On Invested Capital of 19.63% is amongst the best of the industry. HAFNI outperforms 91.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HAFNI is above the industry average of 14.65%.
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 | 20.91% | ||
| ROE | 34.21% | ||
| ROIC | 19.63% |
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 an excellent Profit Margin value of 26.98%, HAFNI belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
In the last couple of years the Profit Margin of HAFNI has grown nicely.
The Operating Margin of HAFNI (27.09%) is better than 64.52% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), HAFNI is creating value.
HAFNI has about the same amout of shares outstanding than it did 1 year ago.
HAFNI has more shares outstanding than it did 5 years ago.
HAFNI has a better debt/assets ratio than last year.
2.2 Solvency
HAFNI has an Altman-Z score of 3.06. This indicates that HAFNI is financially healthy and has little risk of bankruptcy at the moment.
HAFNI has a better Altman-Z score (3.06) than 75.81% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 1.14, HAFNI belongs to the top of the industry, outperforming 88.71% of the companies in the same industry.
HAFNI has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.35, HAFNI is doing good in the industry, outperforming 67.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 3.06 |
ROIC/WACC2.27
WACC8.66%
2.3 Liquidity
A Current Ratio of 1.38 indicates that HAFNI should not have too much problems paying its short term obligations.
HAFNI has a Current ratio (1.38) which is comparable to the rest of the industry.
HAFNI has a Quick Ratio of 1.23. 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 1.23. This is comparable to the rest of the industry: HAFNI outperforms 58.06% of its industry peers.
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 | 1.38 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for HAFNI have decreased strongly by -18.24% 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 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)-18.24%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-69.77%
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-42.25%
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 -15.22% yearly.
HAFNI is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -11.12% yearly.
EPS Next Y-54.01%
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
EPS Next 5YN/A
Revenue Next Year-31.29%
Revenue Next 2Y-16.33%
Revenue Next 3Y-11.12%
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
The Price/Earnings ratio is 4.12, which indicates a rather cheap 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 95.16% of the companies listed in the same industry.
HAFNI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.28.
The Price/Forward Earnings ratio is 6.22, which indicates a rather cheap valuation of HAFNI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAFNI indicates a rather cheap valuation: HAFNI is cheaper than 83.87% of the companies listed in the same industry.
HAFNI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.12 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAFNI is valued a bit cheaper than 69.35% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HAFNI is valued cheaply inside the industry as 95.16% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.6 | ||
| EV/EBITDA | 3.42 |
4.3 Compensation for Growth
HAFNI has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as HAFNI's earnings are expected to decrease with -15.22% in the coming years.
PEG (NY)N/A
PEG (5Y)0.08
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
5. Dividend
5.1 Amount
HAFNI has a Yearly Dividend Yield of 17.53%, which is a nice return.
HAFNI's Dividend Yield is rather good when compared to the industry average which is at 56.55. HAFNI pays more dividend than 93.55% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, HAFNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.53% |
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-27.18%
EPS Next 3Y-15.22%
OSL:HAFNI (7/2/2025, 7:00:00 PM)
50.36
+0.69 (+1.39%)
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 Cap25.81B
Analysts87.5
Price Target72.68 (44.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.53% |
Yearly Dividend14.01
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)-0.53%
Min EPS beat(2)-12.27%
Max EPS beat(2)11.21%
EPS beat(4)2
Avg EPS beat(4)-0.19%
Min EPS beat(4)-12.27%
Max EPS beat(4)11.21%
EPS beat(8)5
Avg EPS beat(8)3.49%
EPS beat(12)8
Avg EPS beat(12)35.59%
EPS beat(16)10
Avg EPS beat(16)24.49%
Revenue beat(2)0
Avg Revenue beat(2)-6.01%
Min Revenue beat(2)-10.02%
Max Revenue beat(2)-2%
Revenue beat(4)1
Avg Revenue beat(4)-4.37%
Min Revenue beat(4)-10.02%
Max Revenue beat(4)1.07%
Revenue beat(8)2
Avg Revenue beat(8)-3.79%
Revenue beat(12)6
Avg Revenue beat(12)9.03%
Revenue beat(16)10
Avg Revenue beat(16)30.26%
PT rev (1m)20.64%
PT rev (3m)-19.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.12 | ||
| Fwd PE | 6.22 | ||
| P/S | 0.89 | ||
| P/FCF | 2.6 | ||
| P/OCF | 2.48 | ||
| P/B | 1.13 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 3.42 |
EPS(TTM)12.23
EY24.29%
EPS(NY)8.09
Fwd EY16.07%
FCF(TTM)19.33
FCFY38.39%
OCF(TTM)20.31
OCFY40.33%
SpS56.55
BVpS44.6
TBVpS44.59
PEG (NY)N/A
PEG (5Y)0.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.91% | ||
| 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)20.08%
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-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 | 1.38 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 3.06 |
F-Score7
WACC8.66%
ROIC/WACC2.27
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)-18.24%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-69.77%
EPS Next Y-54.01%
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
EPS Next 5YN/A
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-42.25%
Revenue Next Year-31.29%
Revenue Next 2Y-16.33%
Revenue Next 3Y-11.12%
Revenue Next 5YN/A
EBIT growth 1Y-3.07%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-29.35%
EBIT Next 3Y-6.67%
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%