HAFNIA LTD (HAFNI.OL) Stock Fundamental Analysis
OSL:HAFNI • SGXZ53070850
63.36 NOK
+0.6 (+0.96%)
Last: Feb 13, 2026, 07:00 PM
We assign a fundamental rating of 6 out of 10 to HAFNI. HAFNI was compared to 74 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. HAFNI has a bad growth rate and is valued cheaply. This makes HAFNI very considerable for value investing!
1. Profitability
1.1 Basic Checks
- HAFNI had positive earnings in the past year.
- In the past year HAFNI had a positive cash flow from operations.
- HAFNI had positive earnings in 4 of the past 5 years.
- HAFNI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 8.68%, HAFNI belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 13.30%, HAFNI is in the better half of the industry, outperforming 74.32% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 8.62%, HAFNI is in the better half of the industry, outperforming 79.73% of the companies in the same industry.
- HAFNI had an Average Return On Invested Capital over the past 3 years of 18.77%. This is significantly above the industry average of 8.74%.
- The 3 year average ROIC (18.77%) for HAFNI is well above the current ROIC(8.62%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 13.3% | ||
| ROIC | 8.62% |
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
- With a decent Profit Margin value of 13.95%, HAFNI is doing good in the industry, outperforming 71.62% of the companies in the same industry.
- HAFNI's Profit Margin has improved in the last couple of years.
- HAFNI has a Operating Margin (15.12%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of HAFNI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.12% | ||
| PM (TTM) | 13.95% | ||
| 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.
- HAFNI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HAFNI has an improved debt to assets ratio.
2.2 Solvency
- HAFNI has an Altman-Z score of 3.18. This indicates that HAFNI is financially healthy and has little risk of bankruptcy at the moment.
- HAFNI has a Altman-Z score of 3.18. This is in the better half of the industry: HAFNI outperforms 74.32% of its industry peers.
- HAFNI has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of all of its debts.
- HAFNI has a better Debt to FCF ratio (1.74) than 87.84% of its industry peers.
- A Debt/Equity ratio of 0.29 indicates that HAFNI is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.29, HAFNI is doing good in the industry, outperforming 71.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.18 |
ROIC/WACC1.02
WACC8.46%
2.3 Liquidity
- HAFNI has a Current Ratio of 1.52. 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 Current ratio, with a value of 1.52, HAFNI is in the better half of the industry, outperforming 66.22% of the companies in the same industry.
- HAFNI has a Quick 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 better Quick ratio (1.38) than 74.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
- The earnings per share for HAFNI have decreased strongly by -64.12% in the last year.
- HAFNI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.51% yearly.
- The Revenue for HAFNI has decreased by -36.53% in the past year. This is quite bad
- The Revenue has been growing by 28.22% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-64.12%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-57.14%
Revenue 1Y (TTM)-36.53%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-31.68%
3.2 Future
- Based on estimates for the next years, HAFNI will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.08% on average per year.
- Based on estimates for the next years, HAFNI will show a decrease in Revenue. The Revenue will decrease by -9.09% on average per year.
EPS Next Y-53.21%
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
EPS Next 5Y-14.08%
Revenue Next Year-31.22%
Revenue Next 2Y-16.95%
Revenue Next 3Y-13.08%
Revenue Next 5Y-9.09%
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 10.89, the valuation of HAFNI can be described as reasonable.
- 81.08% of the companies in the same industry are more expensive than HAFNI, based on the Price/Earnings ratio.
- HAFNI is valuated cheaply when we compare the Price/Earnings ratio to 26.68, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 9.02, the valuation of HAFNI can be described as reasonable.
- Based on the Price/Forward Earnings ratio, HAFNI is valued cheaper than 87.84% of the companies in the same industry.
- HAFNI is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.89 | ||
| Fwd PE | 9.02 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as HAFNI.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAFNI indicates a rather cheap valuation: HAFNI is cheaper than 87.84% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.62 | ||
| EV/EBITDA | 7.7 |
4.3 Compensation for Growth
- The decent profitability rating of HAFNI may justify a higher PE ratio.
- HAFNI's earnings are expected to decrease with -23.67% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.03%, HAFNI is a good candidate for dividend investing.
- HAFNI's Dividend Yield is rather good when compared to the industry average which is at 5.28. HAFNI pays more dividend than 87.84% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.84, HAFNI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.03% |
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
- 102.71% of the earnings are spent on dividend by HAFNI. This is not a sustainable payout ratio.
- The Dividend Rate of HAFNI has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP102.71%
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
OSL:HAFNI (2/13/2026, 7:00:00 PM)
63.36
+0.6 (+0.96%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)12-01 2025-12-01/bmo
Earnings (Next)02-26 2026-02-26/bmo
Inst Owners28.7%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap32.48B
Revenue(TTM)2.22B
Net Income(TTM)310.03M
Analysts84.62
Price Target78.02 (23.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.03% |
Yearly Dividend13.28
Dividend Growth(5Y)141.09%
DP102.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.93%
Min EPS beat(2)-3.81%
Max EPS beat(2)-0.05%
EPS beat(4)0
Avg EPS beat(4)-6.17%
Min EPS beat(4)-12.27%
Max EPS beat(4)-0.05%
EPS beat(8)2
Avg EPS beat(8)-1.74%
EPS beat(12)5
Avg EPS beat(12)1.02%
EPS beat(16)8
Avg EPS beat(16)18.32%
Revenue beat(2)0
Avg Revenue beat(2)-5.9%
Min Revenue beat(2)-6.73%
Max Revenue beat(2)-5.07%
Revenue beat(4)0
Avg Revenue beat(4)-8.28%
Min Revenue beat(4)-11.32%
Max Revenue beat(4)-5.07%
Revenue beat(8)1
Avg Revenue beat(8)-5.77%
Revenue beat(12)3
Avg Revenue beat(12)-2.22%
Revenue beat(16)7
Avg Revenue beat(16)11.77%
PT rev (1m)2.17%
PT rev (3m)3.08%
EPS NQ rev (1m)3.98%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)-0.79%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-2.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.89 | ||
| Fwd PE | 9.02 | ||
| P/S | 1.53 | ||
| P/FCF | 6.62 | ||
| P/OCF | 5.31 | ||
| P/B | 1.46 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 7.7 |
EPS(TTM)5.82
EY9.19%
EPS(NY)7.02
Fwd EY11.08%
FCF(TTM)9.57
FCFY15.11%
OCF(TTM)11.93
OCFY18.82%
SpS41.39
BVpS43.42
TBVpS43.41
PEG (NY)N/A
PEG (5Y)0.22
Graham Number75.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 13.3% | ||
| ROCE | 11.2% | ||
| ROIC | 8.62% | ||
| ROICexc | 9.02% | ||
| ROICexgc | 9.02% | ||
| OM | 15.12% | ||
| PM (TTM) | 13.95% | ||
| GM | N/A | ||
| FCFM | 23.13% |
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%
ROICexgc growth 3Y1860.8%
ROICexgc 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 Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 61.69% | ||
| Cap/Sales | 5.69% | ||
| Interest Coverage | 7.02 | ||
| Cash Conversion | 118.39% | ||
| Profit Quality | 165.74% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 3.18 |
F-Score5
WACC8.46%
ROIC/WACC1.02
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)-64.12%
EPS 3YN/A
EPS 5Y49.51%
EPS Q2Q%-57.14%
EPS Next Y-53.21%
EPS Next 2Y-30.21%
EPS Next 3Y-23.67%
EPS Next 5Y-14.08%
Revenue 1Y (TTM)-36.53%
Revenue growth 3Y52.35%
Revenue growth 5Y28.22%
Sales Q2Q%-31.68%
Revenue Next Year-31.22%
Revenue Next 2Y-16.95%
Revenue Next 3Y-13.08%
Revenue Next 5Y-9.09%
EBIT growth 1Y-61.78%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-27.79%
EBIT Next 3Y-11.13%
EBIT Next 5Y-6.23%
FCF growth 1Y-50.9%
FCF growth 3Y131.15%
FCF growth 5YN/A
OCF growth 1Y-46.12%
OCF growth 3Y113.12%
OCF growth 5Y30.15%
HAFNIA LTD / HAFNI.OL FAQ
What is the fundamental rating for HAFNI stock?
ChartMill assigns a fundamental rating of 6 / 10 to HAFNI.OL.
What is the valuation status of HAFNIA LTD (HAFNI.OL) stock?
ChartMill assigns a valuation rating of 6 / 10 to HAFNIA LTD (HAFNI.OL). This can be considered as Fairly Valued.
What is the profitability of HAFNI stock?
HAFNIA LTD (HAFNI.OL) has a profitability rating of 7 / 10.
What are the PE and PB ratios of HAFNIA LTD (HAFNI.OL) stock?
The Price/Earnings (PE) ratio for HAFNIA LTD (HAFNI.OL) is 10.89 and the Price/Book (PB) ratio is 1.46.
Is the dividend of HAFNIA LTD sustainable?
The dividend rating of HAFNIA LTD (HAFNI.OL) is 6 / 10 and the dividend payout ratio is 102.71%.