HAFNIA LTD (HAFN) Stock Fundamental Analysis
NYSE:HAFN - SGXZ53070850 - Common Stock
6.31 USD
+0.19 (+3.1%)
6.2499 USD
-0.06 (-0.95%)
Taking everything into account, HAFN scores 6 out of 10 in our fundamental rating. HAFN was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. HAFN gets an excellent profitability rating and is at the same time showing great financial health properties. HAFN has a bad growth rate and is valued cheaply. With these ratings, HAFN could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year HAFN was profitable.
HAFN had a positive operating cash flow in the past year.
Of the past 5 years HAFN 4 years were profitable.
In the past 5 years HAFN always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HAFN (11.82%) is better than 90.43% of its industry peers.
With an excellent Return On Equity value of 18.86%, HAFN belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
HAFN has a Return On Invested Capital of 11.87%. This is amongst the best in the industry. HAFN outperforms 85.65% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HAFN is below the industry average of 21.91%.
The last Return On Invested Capital (11.87%) for HAFN is well below the 3 year average (19.25%), which needs to be investigated, but indicates that HAFN had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 18.86% | ||
| ROIC | 11.87% |
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 Profit Margin of 18.42%. This is in the better half of the industry: HAFN outperforms 71.29% of its industry peers.
HAFN's Profit Margin has improved in the last couple of years.
HAFN has a Operating Margin (18.71%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of HAFN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.71% | ||
| PM (TTM) | 18.42% | ||
| 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.
HAFN has a better debt/assets ratio than last year.
2.2 Solvency
HAFN has an Altman-Z score of 2.94. This is not the best score and indicates that HAFN is in the grey zone with still only limited risk for bankruptcy at the moment.
HAFN's Altman-Z score of 2.94 is amongst the best of the industry. HAFN outperforms 80.38% of its industry peers.
HAFN 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.
HAFN has a better Debt to FCF ratio (1.43) than 87.08% of its industry peers.
HAFN has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.27, HAFN is doing good in the industry, outperforming 65.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 2.94 |
ROIC/WACC1.43
WACC8.32%
2.3 Liquidity
HAFN has a Current Ratio of 1.21. This is a normal value and indicates that HAFN is financially healthy and should not expect problems in meeting its short term obligations.
HAFN's Current ratio of 1.21 is in line compared to the rest of the industry. HAFN outperforms 54.07% of its industry peers.
A Quick Ratio of 1.09 indicates that HAFN should not have too much problems paying its short term obligations.
HAFN has a Quick ratio (1.09) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The earnings per share for HAFN have decreased strongly by -45.86% in the last year.
Measured over the past years, HAFN shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.51% on average per year.
HAFN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.61%.
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)-45.86%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-70.59%
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-44.61%
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 -15.33% on average per year.
The Revenue is expected to decrease by -10.07% on average over the next years. This is quite bad
EPS Next Y-54.9%
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
EPS Next 5YN/A
Revenue Next Year-29.59%
Revenue Next 2Y-15.85%
Revenue Next 3Y-10.07%
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
HAFN is valuated cheaply with a Price/Earnings ratio of 7.42.
Based on the Price/Earnings ratio, HAFN is valued cheaper than 87.08% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. HAFN is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.75, the valuation of HAFN can be described as very cheap.
84.21% of the companies in the same industry are more expensive than HAFN, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of HAFN to the average of the S&P500 Index (22.48), we can say HAFN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 7.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAFN is valued a bit cheaper than the industry average as 67.46% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, HAFN is valued cheaply inside the industry as 93.30% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.51 | ||
| EV/EBITDA | 5.95 |
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 -15.33% in the coming years.
PEG (NY)N/A
PEG (5Y)0.15
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.34%, HAFN is a good candidate for dividend investing.
HAFN's Dividend Yield is rather good when compared to the industry average which is at 6.06. HAFN pays more dividend than 91.39% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, HAFN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.34% |
5.2 History
On average, the dividend of HAFN grows each year by 141.09%, which is quite nice.
HAFN has been paying a dividend for over 5 years, so it has already some track record.
HAFN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)141.09%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
HAFN pays out 107.40% 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.
DP107.4%
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
6.31
+0.19 (+3.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.22%
Inst Owner Change-3.59%
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap3.23B
Analysts86.67
Price Target7.19 (13.95%)
Short Float %1.82%
Short Ratio3.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.34% |
Yearly Dividend1.39
Dividend Growth(5Y)141.09%
DP107.4%
Div Incr Years2
Div Non Decr Years2
Ex-Date
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)-0.71%
PT rev (3m)23.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-1.95%
EPS NY rev (3m)-1.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)2.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 7.75 | ||
| P/S | 1.37 | ||
| P/FCF | 4.51 | ||
| P/OCF | 4.01 | ||
| P/B | 1.41 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 5.95 |
EPS(TTM)0.85
EY13.47%
EPS(NY)0.81
Fwd EY12.9%
FCF(TTM)1.4
FCFY22.17%
OCF(TTM)1.57
OCFY24.93%
SpS4.59
BVpS4.49
TBVpS4.49
PEG (NY)N/A
PEG (5Y)0.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.82% | ||
| ROE | 18.86% | ||
| ROCE | 15.03% | ||
| ROIC | 11.87% | ||
| ROICexc | 13.29% | ||
| ROICexgc | 13.3% | ||
| OM | 18.71% | ||
| PM (TTM) | 18.42% | ||
| GM | N/A | ||
| FCFM | 30.45% |
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-Score5
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 43.11% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 9.68 | ||
| Cash Conversion | 124.52% | ||
| Profit Quality | 165.3% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.94 |
F-Score5
WACC8.32%
ROIC/WACC1.43
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)-45.86%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-70.59%
EPS Next Y-54.9%
EPS Next 2Y-26.59%
EPS Next 3Y-15.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-26.61%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-44.61%
Revenue Next Year-29.59%
Revenue Next 2Y-15.85%
Revenue Next 3Y-10.07%
Revenue Next 5YN/A
EBIT growth 1Y-47.75%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-29.35%
EBIT Next 3Y-6.67%
EBIT Next 5YN/A
FCF growth 1Y-27.78%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-26.9%
OCF growth 3Y113.12%
OCF growth 5Y30.15%