HIMALAYA SHIPPING LTD (HSHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HSHP - BMG4660A1036 - Common Stock
8.83 USD
-0.01 (-0.11%)
8.83 USD
0 (0%)
Overall HSHP gets a fundamental rating of 3 out of 10. We evaluated HSHP against 34 industry peers in the Marine Transportation industry. Both the profitability and financial health of HSHP have multiple concerns. HSHP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HSHP was profitable.
HSHP had a positive operating cash flow in the past year.
1.2 Ratios
HSHP has a Return On Assets of 0.74%. This is in the lower half of the industry: HSHP underperforms 60.00% of its industry peers.
HSHP has a Return On Equity (4.03%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 5.46%, HSHP is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 4.03% | ||
| ROIC | 5.46% |
ROA(3y)0.51%
ROA(5y)N/A
ROE(3y)4.12%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HSHP has a Profit Margin (5.32%) which is in line with its industry peers.
Looking at the Operating Margin, with a value of 47.90%, HSHP belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
HSHP's Gross Margin of 76.12% is amongst the best of the industry. HSHP outperforms 91.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.9% | ||
| PM (TTM) | 5.32% | ||
| GM | 76.12% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HSHP is destroying value.
The number of shares outstanding for HSHP remains at a similar level compared to 1 year ago.
HSHP has a worse debt/assets ratio than last year.
2.2 Solvency
HSHP has an Altman-Z score of 0.84. This is a bad value and indicates that HSHP is not financially healthy and even has some risk of bankruptcy.
HSHP has a Altman-Z score (0.84) which is comparable to the rest of the industry.
HSHP has a debt to FCF ratio of 19.60. This is a negative value and a sign of low solvency as HSHP would need 19.60 years to pay back of all of its debts.
HSHP has a Debt to FCF ratio (19.60) which is in line with its industry peers.
A Debt/Equity ratio of 4.25 is on the high side and indicates that HSHP has dependencies on debt financing.
HSHP has a Debt to Equity ratio of 4.25. This is amonst the worse of the industry: HSHP underperforms 91.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 19.6 | ||
| Altman-Z | 0.84 |
ROIC/WACC0.75
WACC7.23%
2.3 Liquidity
A Current Ratio of 0.95 indicates that HSHP may have some problems paying its short term obligations.
The Current ratio of HSHP (0.95) is worse than 80.00% of its industry peers.
A Quick Ratio of 0.90 indicates that HSHP may have some problems paying its short term obligations.
HSHP has a Quick ratio of 0.90. This is amonst the worse of the industry: HSHP underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for HSHP have decreased strongly by -80.70% in the last year.
HSHP shows a strong growth in Revenue. In the last year, the Revenue has grown by 236.40%.
EPS 1Y (TTM)-80.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-12.5%
Revenue 1Y (TTM)236.4%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.31%
3.2 Future
HSHP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.55% yearly.
Based on estimates for the next years, HSHP will show a quite strong growth in Revenue. The Revenue will grow by 10.37% on average per year.
EPS Next Y-24.03%
EPS Next 2Y45.23%
EPS Next 3Y40.55%
EPS Next 5YN/A
Revenue Next Year2.73%
Revenue Next 2Y11.4%
Revenue Next 3Y10.37%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 80.27, which means the current valuation is very expensive for HSHP.
Compared to the rest of the industry, the Price/Earnings ratio of HSHP indicates a slightly more expensive valuation: HSHP is more expensive than 60.00% of the companies listed in the same industry.
HSHP is valuated expensively when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.72 indicates a reasonable valuation of HSHP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HSHP indicates a somewhat cheap valuation: HSHP is cheaper than 62.86% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.83. HSHP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.27 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
HSHP's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. HSHP is more expensive than 80.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HSHP indicates a somewhat cheap valuation: HSHP is cheaper than 65.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.49 | ||
| EV/EBITDA | 12.51 |
4.3 Compensation for Growth
HSHP's earnings are expected to grow with 40.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y45.23%
EPS Next 3Y40.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.46%, HSHP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.92, HSHP pays a better dividend. On top of this HSHP pays more dividend than 82.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, HSHP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
5.2 History
HSHP is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
HSHP pays out 310.27% of its income as dividend. This is not a sustainable payout ratio.
DP310.27%
EPS Next 2Y45.23%
EPS Next 3Y40.55%
8.83
-0.01 (-0.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners25.24%
Inst Owner ChangeN/A
Ins Owners4.36%
Ins Owner ChangeN/A
Market Cap411.04M
Revenue(TTM)123.58M
Net Income(TTM)6.42M
Analysts81.82
Price Target8.28 (-6.23%)
Short Float %2.05%
Short Ratio3.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
Yearly Dividend0.47
Dividend Growth(5Y)N/A
DP310.27%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-29.02%
Min EPS beat(2)-84.52%
Max EPS beat(2)26.47%
EPS beat(4)1
Avg EPS beat(4)-39.42%
Min EPS beat(4)-84.52%
Max EPS beat(4)26.47%
EPS beat(8)1
Avg EPS beat(8)-54.73%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.65%
Min Revenue beat(2)-10.65%
Max Revenue beat(2)9.35%
Revenue beat(4)1
Avg Revenue beat(4)-2.54%
Min Revenue beat(4)-10.65%
Max Revenue beat(4)9.35%
Revenue beat(8)2
Avg Revenue beat(8)-3.09%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.95%
PT rev (3m)-2.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-20.11%
EPS NY rev (3m)-25.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.27 | ||
| Fwd PE | 8.72 | ||
| P/S | 3.41 | ||
| P/FCF | 11.49 | ||
| P/OCF | 11.54 | ||
| P/B | 2.58 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 12.51 |
EPS(TTM)0.11
EY1.25%
EPS(NY)1.01
Fwd EY11.46%
FCF(TTM)0.77
FCFY8.71%
OCF(TTM)0.77
OCFY8.67%
SpS2.59
BVpS3.42
TBVpS3.42
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 4.03% | ||
| ROCE | 6.91% | ||
| ROIC | 5.46% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 5.62% | ||
| OM | 47.9% | ||
| PM (TTM) | 5.32% | ||
| GM | 76.12% | ||
| FCFM | 29.66% |
ROA(3y)0.51%
ROA(5y)N/A
ROE(3y)4.12%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 19.6 | ||
| Debt/EBITDA | 7.79 | ||
| Cap/Depr | 0.57% | ||
| Cap/Sales | 0.14% | ||
| Interest Coverage | 1.13 | ||
| Cash Conversion | 40.96% | ||
| Profit Quality | 557.88% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.84 |
F-Score7
WACC7.23%
ROIC/WACC0.75
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-80.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-12.5%
EPS Next Y-24.03%
EPS Next 2Y45.23%
EPS Next 3Y40.55%
EPS Next 5YN/A
Revenue 1Y (TTM)236.4%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.31%
Revenue Next Year2.73%
Revenue Next 2Y11.4%
Revenue Next 3Y10.37%
Revenue Next 5YN/A
EBIT growth 1Y38.45%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year37.88%
EBIT Next 3Y25.51%
EBIT Next 5YN/A
FCF growth 1Y110.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1062.73%
OCF growth 3YN/A
OCF growth 5YN/A
HIMALAYA SHIPPING LTD / HSHP FAQ
Can you provide the ChartMill fundamental rating for HIMALAYA SHIPPING LTD?
ChartMill assigns a fundamental rating of 3 / 10 to HSHP.
What is the valuation status for HSHP stock?
ChartMill assigns a valuation rating of 4 / 10 to HIMALAYA SHIPPING LTD (HSHP). This can be considered as Fairly Valued.
Can you provide the profitability details for HIMALAYA SHIPPING LTD?
HIMALAYA SHIPPING LTD (HSHP) has a profitability rating of 3 / 10.
What is the financial health of HIMALAYA SHIPPING LTD (HSHP) stock?
The financial health rating of HIMALAYA SHIPPING LTD (HSHP) is 1 / 10.
Is the dividend of HIMALAYA SHIPPING LTD sustainable?
The dividend rating of HIMALAYA SHIPPING LTD (HSHP) is 4 / 10 and the dividend payout ratio is 310.27%.