HAFNIA LTD (HAFN) Stock Fundamental Analysis
NYSE:HAFN - New York Stock Exchange, Inc. - SGXZ53070850 - Common Stock - Currency: USD
Taking everything into account, HAFN scores 6 out of 10 in our fundamental rating. HAFN was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making HAFN a very profitable company, without any liquidiy or solvency issues. A decent growth rate in combination with a cheap valuation! Better keep an eye on HAFN. With these ratings, HAFN could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
HAFN had positive earnings in the past year.
HAFN had a positive operating cash flow in the past year.
HAFN had positive earnings in 4 of the past 5 years.
In the past 5 years HAFN always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HAFN (20.91%) is better than 95.31% of its industry peers.
HAFN's Return On Equity of 34.21% is amongst the best of the industry. HAFN outperforms 92.02% of its industry peers.
HAFN has a better Return On Invested Capital (20.14%) than 95.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HAFN is below the industry average of 23.60%.
The last Return On Invested Capital (20.14%) for HAFN is above the 3 year average (19.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.91% | ||
| ROE | 34.21% | ||
| ROIC | 20.14% |
ROA(3y)20.08%
ROA(5y)12.77%
ROE(3y)35.74%
ROE(5y)23.04%
ROIC(3y)19.25%
ROIC(5y)12.98%
1.3 Margins
HAFN has a better Profit Margin (26.98%) than 78.40% of its industry peers.
HAFN's Profit Margin has improved in the last couple of years.
HAFN has a Operating Margin of 27.09%. This is in the better half of the industry: HAFN outperforms 61.97% of its industry peers.
In the last couple of years the Operating Margin of HAFN has grown nicely.
| 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
HAFN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
HAFN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for HAFN has been increased compared to 5 years ago.
The debt/assets ratio for HAFN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.09 indicates that HAFN is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.09, HAFN belongs to the best of the industry, outperforming 82.63% of the companies in the same industry.
The Debt to FCF ratio of HAFN is 1.14, which is an excellent value as it means it would take HAFN, only 1.14 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HAFN (1.14) is better than 89.20% of its industry peers.
HAFN has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
HAFN has a Debt to Equity ratio (0.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 3.09 |
ROIC/WACC2.25
WACC8.96%
2.3 Liquidity
A Current Ratio of 1.38 indicates that HAFN should not have too much problems paying its short term obligations.
HAFN's Current ratio of 1.38 is fine compared to the rest of the industry. HAFN outperforms 62.44% of its industry peers.
A Quick Ratio of 1.23 indicates that HAFN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.23, HAFN is in the better half of the industry, outperforming 63.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for HAFN have decreased strongly by -18.24% in the last year.
The Earnings Per Share has been growing by 49.51% on average over the past years. This is a very strong growth
HAFN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.37%.
Measured over the past years, HAFN shows a very strong growth in Revenue. The Revenue has been growing by 28.22% on average per year.
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
Based on estimates for the next years, HAFN will show a very negative growth in Earnings Per Share. The EPS will decrease by -15.22% on average per year.
The Revenue is expected to decrease by -11.12% on average over the next years. This is quite bad
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
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
A Price/Earnings ratio of 4.34 indicates a rather cheap valuation of HAFN.
HAFN's Price/Earnings ratio is rather cheap when compared to the industry. HAFN is cheaper than 92.49% of the companies in the same industry.
When comparing the Price/Earnings ratio of HAFN to the average of the S&P500 Index (26.52), we can say HAFN is valued rather cheaply.
HAFN is valuated cheaply with a Price/Forward Earnings ratio of 6.56.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAFN indicates a rather cheap valuation: HAFN is cheaper than 85.45% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.25. HAFN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.34 | ||
| Fwd PE | 6.56 |
4.2 Price Multiples
HAFN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HAFN is cheaper than 82.16% of the companies in the same industry.
94.37% of the companies in the same industry are more expensive than HAFN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.74 | ||
| EV/EBITDA | 3.49 |
4.3 Compensation for Growth
HAFN has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as HAFN's earnings are expected to decrease with -15.22% in the coming years.
PEG (NY)N/A
PEG (5Y)0.09
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 17.92%, HAFN is a good candidate for dividend investing.
HAFN's Dividend Yield is rather good when compared to the industry average which is at 6.82. HAFN pays more dividend than 96.71% of the companies in the same industry.
HAFN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.92% |
5.2 History
The dividend of HAFN is nicely growing with an annual growth rate of 141.09%!
HAFN has been paying a dividend for over 5 years, so it has already some track record.
The dividend of HAFN decreased in the last 3 years.
Dividend Growth(5Y)141.09%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
HAFN pays out 90.42% of its income as dividend. This is not a sustainable payout ratio.
HAFN'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%
5.25
+0.12 (+2.34%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.95%
Inst Owner Change-5.6%
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap2.69B
Analysts82.67
Price Target5.83 (11.05%)
Short Float %1.65%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.92% |
Yearly Dividend1.39
Dividend Growth(5Y)141.09%
DP90.42%
Div Incr Years2
Div Non Decr Years2
Ex-Date
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)-2.78%
PT rev (3m)-30.11%
EPS NQ rev (1m)-4.83%
EPS NQ rev (3m)-31%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.9%
Revenue NQ rev (1m)-1.98%
Revenue NQ rev (3m)-12.49%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)-12.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.34 | ||
| Fwd PE | 6.56 | ||
| P/S | 0.94 | ||
| P/FCF | 2.74 | ||
| P/OCF | 2.61 | ||
| P/B | 1.19 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 3.49 |
EPS(TTM)1.21
EY23.05%
EPS(NY)0.8
Fwd EY15.25%
FCF(TTM)1.91
FCFY36.45%
OCF(TTM)2.01
OCFY38.29%
SpS5.6
BVpS4.41
TBVpS4.41
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.91% | ||
| ROE | 34.21% | ||
| ROCE | 25.5% | ||
| ROIC | 20.14% | ||
| ROICexc | 22.21% | ||
| ROICexgc | 22.21% | ||
| 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)19.25%
ROIC(5y)12.98%
ROICexc(3y)20.74%
ROICexc(5y)13.93%
ROICexgc(3y)20.75%
ROICexgc(5y)13.94%
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 | 3.09 |
F-Score7
WACC8.96%
ROIC/WACC2.25
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%