HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:HAFNI - SGXZ53070850 - Common Stock
60.34 NOK
+0.36 (+0.6%)
Taking everything into account, HAFNI scores 6 out of 10 in our fundamental rating. HAFNI was compared to 77 industry peers in the Oil, Gas & Consumable Fuels industry. HAFNI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. HAFNI has a bad growth rate and is valued cheaply. This makes HAFNI very considerable 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.
- 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
- Looking at the Return On Assets, with a value of 8.68%, HAFNI belongs to the top of the industry, outperforming 89.61% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 13.30%, HAFNI is in the better half of the industry, outperforming 74.03% of the companies in the same industry.
- HAFNI has a better Return On Invested Capital (8.62%) than 79.22% 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 8.78%.
- 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
- With a decent Profit Margin value of 13.95%, HAFNI is doing good in the industry, outperforming 72.73% of the companies in the same industry.
- In the last couple of years the Profit Margin of HAFNI has grown nicely.
- HAFNI has a Operating Margin of 15.12%. This is comparable to the rest of the industry: HAFNI outperforms 50.65% of its industry peers.
- In the last couple of years the Operating Margin of HAFNI has grown nicely.
| 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
- HAFNI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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
- HAFNI has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.01 indicates that HAFNI is not in any danger for bankruptcy at the moment.
- HAFNI has a better Altman-Z score (3.01) than 70.13% of its industry peers.
- The Debt to FCF ratio of HAFNI is 1.74, which is an excellent value as it means it would take HAFNI, only 1.74 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of HAFNI (1.74) is better than 90.91% of its industry peers.
- HAFNI has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
- HAFNI's Debt to Equity ratio of 0.29 is fine compared to the rest of the industry. HAFNI outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.01 |
ROIC/WACC1
WACC8.6%
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.
- With a decent Current ratio value of 1.52, HAFNI is doing good in the industry, outperforming 64.94% of the companies in the same industry.
- 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 75.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 |
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%.
- 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 -36.53% in the last year.
- 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
- 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.
- The Revenue is expected to decrease by -13.08% on average over the next years. This is quite bad
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
- 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.
- 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
- HAFNI is valuated reasonably with a Price/Earnings ratio of 9.81.
- HAFNI's Price/Earnings ratio is a bit cheaper when compared to the industry. HAFNI is cheaper than 79.22% of the companies in the same industry.
- HAFNI is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
- HAFNI is valuated cheaply with a Price/Forward Earnings ratio of 7.71.
- Based on the Price/Forward Earnings ratio, HAFNI is valued cheaper than 89.61% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, HAFNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.81 | ||
| Fwd PE | 7.71 |
4.2 Price Multiples
- HAFNI's Enterprise Value to EBITDA ratio is in line with the industry average.
- 90.91% of the companies in the same industry are more expensive than HAFNI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.97 | ||
| EV/EBITDA | 7.05 |
4.3 Compensation for Growth
- HAFNI has a very decent profitability rating, which 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)0.2
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
5. Dividend
5.1 Amount
- HAFNI has a Yearly Dividend Yield of 6.99%, which is a nice return.
- HAFNI's Dividend Yield is rather good when compared to the industry average which is at 5.26. HAFNI pays more dividend than 88.31% of the companies in the same industry.
- HAFNI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
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.
- HAFNI's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP102.71%
EPS Next 2Y-28.34%
EPS Next 3Y-21.65%
OSL:HAFNI (1/14/2026, 1:17:28 PM)
60.34
+0.36 (+0.6%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)12-01 2025-12-01/bmo
Earnings (Next)02-26 2026-02-26/bmo
Inst Owners28.7%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap30.93B
Revenue(TTM)2.22B
Net Income(TTM)310.03M
Analysts84.62
Price Target76.37 (26.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
Yearly Dividend14.07
Dividend Growth(5Y)141.09%
DP102.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.93%
Min EPS beat(2)-3.81%
Max EPS beat(2)-0.05%
EPS beat(4)0
Avg EPS beat(4)-6.17%
Min EPS beat(4)-12.27%
Max EPS beat(4)-0.05%
EPS beat(8)2
Avg EPS beat(8)-1.74%
EPS beat(12)5
Avg EPS beat(12)1.02%
EPS beat(16)8
Avg EPS beat(16)18.32%
Revenue beat(2)0
Avg Revenue beat(2)-5.9%
Min Revenue beat(2)-6.73%
Max Revenue beat(2)-5.07%
Revenue beat(4)0
Avg Revenue beat(4)-8.28%
Min Revenue beat(4)-11.32%
Max Revenue beat(4)-5.07%
Revenue beat(8)1
Avg Revenue beat(8)-5.77%
Revenue beat(12)3
Avg Revenue beat(12)-2.22%
Revenue beat(16)7
Avg Revenue beat(16)11.77%
PT rev (1m)0%
PT rev (3m)0.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.29%
EPS NY rev (1m)0.62%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)-2.32%
Revenue NQ rev (3m)-4.77%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)-4.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.81 | ||
| Fwd PE | 7.71 | ||
| P/S | 1.38 | ||
| P/FCF | 5.97 | ||
| P/OCF | 4.79 | ||
| P/B | 1.32 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 7.05 |
EPS(TTM)6.15
EY10.19%
EPS(NY)7.82
Fwd EY12.96%
FCF(TTM)10.11
FCFY16.76%
OCF(TTM)12.6
OCFY20.88%
SpS43.73
BVpS45.87
TBVpS45.87
PEG (NY)N/A
PEG (5Y)0.2
Graham Number79.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 13.3% | ||
| ROCE | 11.2% | ||
| ROIC | 8.62% | ||
| ROICexc | 9.02% | ||
| ROICexgc | 9.02% | ||
| OM | 15.12% | ||
| PM (TTM) | 13.95% | ||
| GM | N/A | ||
| FCFM | 23.13% |
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%
ROICexgc growth 3Y1860.8%
ROICexgc 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 Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 61.69% | ||
| Cap/Sales | 5.69% | ||
| Interest Coverage | 7.02 | ||
| Cash Conversion | 118.39% | ||
| Profit Quality | 165.74% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 3.01 |
F-Score5
WACC8.6%
ROIC/WACC1
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)-64.12%
EPS 3YN/A
EPS 5Y49.51%
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)-36.53%
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-61.78%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-27.79%
EBIT Next 3Y-11.13%
EBIT Next 5YN/A
FCF growth 1Y-50.9%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-46.12%
OCF growth 3Y113.12%
OCF growth 5Y30.15%
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 9.81 and the Price/Book (PB) ratio is 1.32.
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%.