HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
OSL:HAFNI - Euronext Oslo - SGXZ53070850 - Common Stock - Currency: NOK
HAFNI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 59 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 is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make HAFNI suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year HAFNI was profitable.
HAFNI had a positive operating cash flow in the past year.
Of the past 5 years HAFNI 4 years were profitable.
In the past 5 years HAFNI always reported a positive cash flow from operatings.
1.2 Ratios
HAFNI has a better Return On Assets (20.72%) than 94.92% of its industry peers.
HAFNI has a better Return On Equity (34.21%) than 88.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.63%, HAFNI belongs to the top of the industry, outperforming 89.83% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for HAFNI is above the industry average of 14.75%.
The 3 year average ROIC (18.77%) for HAFNI is below the current ROIC(19.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.72% | ||
| ROE | 34.21% | ||
| ROIC | 19.63% |
ROA(3y)20.01%
ROA(5y)12.74%
ROE(3y)35.74%
ROE(5y)23.04%
ROIC(3y)18.77%
ROIC(5y)12.65%
1.3 Margins
Looking at the Profit Margin, with a value of 26.98%, HAFNI belongs to the top of the industry, outperforming 81.36% of the companies in the same industry.
In the last couple of years the Profit Margin of HAFNI has grown nicely.
HAFNI's Operating Margin of 27.09% is fine compared to the rest of the industry. HAFNI outperforms 64.41% of its industry peers.
In the last couple of years the Operating Margin of HAFNI 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
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.
Compared to 1 year ago, HAFNI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.85 indicates that HAFNI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HAFNI (2.85) is better than 74.58% of its industry peers.
HAFNI has a debt to FCF ratio of 1.14. This is a very positive value and a sign of high solvency as it would only need 1.14 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.14, HAFNI belongs to the best of the industry, outperforming 88.14% of the companies in the same industry.
HAFNI has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HAFNI (0.35) is better than 67.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 2.85 |
ROIC/WACC2.11
WACC9.3%
2.3 Liquidity
A Current Ratio of 1.36 indicates that HAFNI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.36, HAFNI is in line with its industry, outperforming 49.15% of the companies in the same industry.
HAFNI has a Quick Ratio of 1.22. This is a normal value and indicates that HAFNI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.22, HAFNI is in line with its industry, outperforming 57.63% of the companies in the same 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 | 1.36 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
HAFNI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.24%.
Measured over the past years, HAFNI shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.93% on average per year.
HAFNI shows a small growth in Revenue. In the last year, the Revenue has grown by 7.37%.
Measured over the past years, HAFNI 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 5Y48.93%
EPS Q2Q%-69.77%
Revenue 1Y (TTM)7.37%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-42.25%
3.2 Future
The Earnings Per Share is expected to decrease by -15.22% on average over the next years. This is quite bad
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 4.19, the valuation of HAFNI can be described as very cheap.
HAFNI's Price/Earnings ratio is rather cheap when compared to the industry. HAFNI is cheaper than 89.83% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.19, HAFNI is valued rather cheaply.
A Price/Forward Earnings ratio of 6.32 indicates a rather cheap valuation of HAFNI.
Based on the Price/Forward Earnings ratio, HAFNI is valued cheaply inside the industry as 81.36% of the companies are valued more expensively.
HAFNI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.19 | ||
| Fwd PE | 6.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAFNI is valued a bit cheaper than the industry average as 62.71% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, HAFNI is valued cheaper than 91.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.65 | ||
| EV/EBITDA | 3.47 |
4.3 Compensation for Growth
HAFNI has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as HAFNI'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 16.91%, HAFNI is a good candidate for dividend investing.
HAFNI's Dividend Yield is rather good when compared to the industry average which is at 60.24. HAFNI pays more dividend than 94.92% of the companies in the same industry.
HAFNI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.91% |
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 90.42% 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.
DP90.42%
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
OSL:HAFNI (5/30/2025, 4:19:42 PM)
51.56
-0.16 (-0.31%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.95%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap26.43B
Analysts82.67
Price Target60.25 (16.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.91% |
Yearly Dividend14.18
Dividend Growth(5Y)141.09%
DP90.42%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-15.97%
PT rev (3m)-35.27%
EPS NQ rev (1m)-10.97%
EPS NQ rev (3m)-31%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.9%
Revenue NQ rev (1m)-3.3%
Revenue NQ rev (3m)-12.49%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)-12.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.19 | ||
| Fwd PE | 6.32 | ||
| P/S | 0.9 | ||
| P/FCF | 2.65 | ||
| P/OCF | 2.52 | ||
| P/B | 1.15 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 3.47 |
EPS(TTM)12.32
EY23.89%
EPS(NY)8.16
Fwd EY15.82%
FCF(TTM)19.49
FCFY37.79%
OCF(TTM)20.47
OCFY39.7%
SpS56.99
BVpS44.95
TBVpS44.94
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.72% | ||
| ROE | 34.21% | ||
| ROCE | 25.5% | ||
| ROIC | 19.63% | ||
| ROICexc | 21.64% | ||
| ROICexgc | 21.65% | ||
| OM | 27.09% | ||
| PM (TTM) | 26.98% | ||
| GM | N/A | ||
| FCFM | 34.19% |
ROA(3y)20.01%
ROA(5y)12.74%
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%
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 | 1.36 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.85 |
F-Score7
WACC9.3%
ROIC/WACC2.11
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 5Y48.93%
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%