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 61 industry peers in the Oil, Gas & Consumable Fuels industry. HAFNI gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on HAFNI. This makes HAFNI very considerable 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.
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 20.91%, HAFNI belongs to the top of the industry, outperforming 95.08% of the companies in the same industry.
The Return On Equity of HAFNI (34.21%) is better than 88.52% 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 90.16% 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 14.55%.
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 | 20.91% | ||
| ROE | 34.21% | ||
| ROIC | 19.63% |
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
The Profit Margin of HAFNI (26.98%) is better than 81.97% of its industry peers.
In the last couple of years the Profit Margin of HAFNI has grown nicely.
With a decent Operating Margin value of 27.09%, HAFNI is doing good in the industry, outperforming 62.30% of the companies in the same industry.
HAFNI's Operating Margin has improved in the last couple of years.
| 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
HAFNI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, HAFNI has about the same amount of shares outstanding.
Compared to 5 years ago, HAFNI has more shares outstanding
Compared to 1 year ago, HAFNI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.21 indicates that HAFNI is not in any danger for bankruptcy at the moment.
The Altman-Z score of HAFNI (3.21) is better than 75.41% 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.
Looking at the Debt to FCF ratio, with a value of 1.14, HAFNI belongs to the top of the industry, outperforming 88.52% of the companies in the same industry.
A Debt/Equity ratio of 0.35 indicates that HAFNI is not too dependend on debt financing.
HAFNI's Debt to Equity ratio of 0.35 is fine compared to the rest of the industry. HAFNI outperforms 68.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 3.21 |
ROIC/WACC2.24
WACC8.77%
2.3 Liquidity
HAFNI has a Current 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 Current ratio (1.38) which is in line with its industry peers.
A Quick Ratio of 1.23 indicates that HAFNI should not have too much problems paying its short term obligations.
HAFNI has a Quick ratio of 1.23. This is comparable to the rest of the industry: HAFNI outperforms 59.02% of its industry peers.
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 | 1.38 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for HAFNI 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
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 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
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
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 4.80 indicates a rather cheap valuation of HAFNI.
93.44% of the companies in the same industry are more expensive than HAFNI, based on the Price/Earnings ratio.
HAFNI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.34.
A Price/Forward Earnings ratio of 7.25 indicates a rather cheap valuation of HAFNI.
Based on the Price/Forward Earnings ratio, HAFNI is valued cheaply inside the industry as 80.33% of the companies are valued more expensively.
HAFNI is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.8 | ||
| Fwd PE | 7.25 |
4.2 Price Multiples
67.21% of the companies in the same industry are more expensive than HAFNI, based on the Enterprise Value to EBITDA ratio.
91.80% 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 | 3.03 | ||
| EV/EBITDA | 3.79 |
4.3 Compensation for Growth
HAFNI has an outstanding profitability rating, which may justify a higher PE ratio.
HAFNI's earnings are expected to decrease with -15.22% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.1
EPS Next 2Y-27.18%
EPS Next 3Y-15.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 17.07%, HAFNI is a good candidate for dividend investing.
HAFNI's Dividend Yield is rather good when compared to the industry average which is at 57.35. HAFNI pays more dividend than 95.08% 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 | 17.07% |
5.2 History
On average, the dividend of HAFNI grows each year by 141.09%, which is quite nice.
Dividend Growth(5Y)141.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
90.42% of the earnings are spent on dividend by HAFNI. 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 (6/19/2025, 4:19:48 PM)
57.72
+1.08 (+1.91%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.22%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap29.58B
Analysts87.5
Price Target72.68 (25.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.07% |
Yearly Dividend13.83
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)20.64%
PT rev (3m)-19.29%
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%
Revenue NY rev (3m)-6.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.8 | ||
| Fwd PE | 7.25 | ||
| P/S | 1.04 | ||
| P/FCF | 3.03 | ||
| P/OCF | 2.89 | ||
| P/B | 1.31 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 3.79 |
EPS(TTM)12.03
EY20.84%
EPS(NY)7.96
Fwd EY13.8%
FCF(TTM)19.03
FCFY32.96%
OCF(TTM)19.99
OCFY34.63%
SpS55.65
BVpS43.89
TBVpS43.88
PEG (NY)N/A
PEG (5Y)0.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.91% | ||
| 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)20.08%
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%
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 | 3.21 |
F-Score7
WACC8.77%
ROIC/WACC2.24
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%