HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:HAFNI - SGXZ53070850 - Common Stock
54.34 NOK
+0.34 (+0.63%)
Taking everything into account, HAFNI scores 7 out of 10 in our fundamental rating. HAFNI was compared to 67 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making HAFNI a very profitable company, without any liquidiy or solvency issues. HAFNI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make HAFNI a good candidate 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.
Each year in the past 5 years HAFNI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.83%, HAFNI belongs to the top of the industry, outperforming 95.52% of the companies in the same industry.
The Return On Equity of HAFNI (18.87%) is better than 88.06% of its industry peers.
HAFNI has a better Return On Invested Capital (11.56%) than 86.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HAFNI is significantly above the industry average of 9.19%.
The 3 year average ROIC (18.77%) for HAFNI is well above the current ROIC(11.56%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.83% | ||
| ROE | 18.87% | ||
| ROIC | 11.56% |
ROA(3y)20.07%
ROA(5y)12.77%
ROE(3y)35.74%
ROE(5y)23.03%
ROIC(3y)18.77%
ROIC(5y)12.65%
1.3 Margins
HAFNI has a Profit Margin of 18.43%. This is amongst the best in the industry. HAFNI outperforms 80.60% of its industry peers.
In the last couple of years the Profit Margin of HAFNI has grown nicely.
With a Operating Margin value of 18.69%, HAFNI perfoms like the industry average, outperforming 52.24% of the companies in the same industry.
In the last couple of years the Operating Margin of HAFNI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.69% | ||
| PM (TTM) | 18.43% | ||
| GM | N/A |
OM growth 3Y1312.31%
OM growth 5Y8.91%
PM growth 3YN/A
PM growth 5Y25.5%
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.
HAFNI has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for HAFNI has been increased compared to 5 years ago.
The debt/assets ratio for HAFNI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.77 indicates that HAFNI is not a great score, but indicates only limited risk for bankruptcy at the moment.
HAFNI has a Altman-Z score of 2.77. This is in the better half of the industry: HAFNI outperforms 71.64% of its industry peers.
HAFNI has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.43, HAFNI belongs to the top of the industry, outperforming 92.54% of the companies in the same industry.
A Debt/Equity ratio of 0.27 indicates that HAFNI is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.27, HAFNI is doing good in the industry, outperforming 73.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 2.77 |
ROIC/WACC1.36
WACC8.51%
2.3 Liquidity
HAFNI has a Current Ratio of 1.21. 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 Current ratio (1.21) which is in line with its industry peers.
A Quick Ratio of 1.09 indicates that HAFNI should not have too much problems paying its short term obligations.
The Quick ratio of HAFNI (1.09) is comparable to the rest of the industry.
The current and quick ratio evaluation for HAFNI is rather negative, while it does have 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 | 1.21 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
HAFNI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.12%.
The Earnings Per Share has been growing by 49.47% on average over the past years. This is a very strong growth
HAFNI shows a small growth in Revenue. In the last year, the Revenue has grown by 7.37%.
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 5Y49.47%
EPS Q2Q%-57.14%
Revenue 1Y (TTM)7.37%
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.
HAFNI is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -13.08% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 8.86, which indicates a very decent valuation of HAFNI.
HAFNI's Price/Earnings ratio is rather cheap when compared to the industry. HAFNI is cheaper than 82.09% of the companies in the same industry.
HAFNI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.77.
A Price/Forward Earnings ratio of 6.97 indicates a rather cheap valuation of HAFNI.
89.55% 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 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 6.97 |
4.2 Price Multiples
HAFNI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HAFNI is cheaper than 64.18% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HAFNI is valued cheaply inside the industry as 97.01% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.86 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
The excellent profitability rating of HAFNI may justify a higher PE ratio.
A cheap valuation may be justified as HAFNI's earnings are expected to decrease with -21.65% in the coming years.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
5. Dividend
5.1 Amount
HAFNI has a Yearly Dividend Yield of 7.45%, which is a nice return.
Compared to an average industry Dividend Yield of 5.76, HAFNI pays a better dividend. On top of this HAFNI pays more dividend than 86.57% 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 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.45% |
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
107.37% 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.
DP107.37%
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
OSL:HAFNI (12/30/2025, 4:19:36 PM)
54.34
+0.34 (+0.63%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners27.88%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap27.85B
Revenue(TTM)2.87B
Net Income(TTM)434.00M
Analysts84
Price Target76.37 (40.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.45% |
Yearly Dividend13.94
Dividend Growth(5Y)141.09%
DP107.37%
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)1.35%
PT rev (3m)1.55%
EPS NQ rev (1m)-1.8%
EPS NQ rev (3m)0.93%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)-0.65%
Revenue NQ rev (3m)0.75%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)-4.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 6.97 | ||
| P/S | 1.18 | ||
| P/FCF | 3.86 | ||
| P/OCF | 3.44 | ||
| P/B | 1.2 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 5.36 |
EPS(TTM)6.13
EY11.28%
EPS(NY)7.79
Fwd EY14.34%
FCF(TTM)14.06
FCFY25.88%
OCF(TTM)15.81
OCFY29.09%
SpS46.18
BVpS45.13
TBVpS45.12
PEG (NY)N/A
PEG (5Y)0.18
Graham Number78.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.83% | ||
| ROE | 18.87% | ||
| ROCE | 15.01% | ||
| ROIC | 11.56% | ||
| ROICexc | 12.94% | ||
| ROICexgc | 12.94% | ||
| OM | 18.69% | ||
| PM (TTM) | 18.43% | ||
| GM | N/A | ||
| FCFM | 30.45% |
ROA(3y)20.07%
ROA(5y)12.77%
ROE(3y)35.74%
ROE(5y)23.03%
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 3Y1860.74%
ROICexgc growth 5Y34.21%
ROICexc growth 3Y1861.73%
ROICexc growth 5Y34.24%
OM growth 3Y1312.31%
OM growth 5Y8.91%
PM growth 3YN/A
PM growth 5Y25.5%
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 | 0.98 | ||
| Cap/Depr | 43% | ||
| Cap/Sales | 3.78% | ||
| Interest Coverage | 9.57 | ||
| Cash Conversion | 124.58% | ||
| Profit Quality | 165.21% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.77 |
F-Score5
WACC8.51%
ROIC/WACC1.36
Cap/Depr(3y)108.1%
Cap/Depr(5y)74.64%
Cap/Sales(3y)10.62%
Cap/Sales(5y)8.15%
Profit Quality(3y)93.42%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.12%
EPS 3YN/A
EPS 5Y49.47%
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)7.37%
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-47.82%
EBIT growth 3Y2051.67%
EBIT growth 5Y39.64%
EBIT Next Year-27.79%
EBIT Next 3Y-11.13%
EBIT Next 5YN/A
FCF growth 1Y-27.79%
FCF growth 3Y131.09%
FCF growth 5YN/A
OCF growth 1Y-26.92%
OCF growth 3Y113.1%
OCF growth 5Y30.14%
HAFNIA LTD / HAFNI.OL FAQ
What is the fundamental rating for HAFNI stock?
ChartMill assigns a fundamental rating of 7 / 10 to HAFNI.OL.
Can you provide the valuation status for HAFNIA LTD?
ChartMill assigns a valuation rating of 8 / 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 8 / 10.
Can you provide the financial health for HAFNI stock?
The financial health rating of HAFNIA LTD (HAFNI.OL) is 7 / 10.
Can you provide the expected EPS growth for HAFNI stock?
The Earnings per Share (EPS) of HAFNIA LTD (HAFNI.OL) is expected to decline by -52.84% in the next year.