HAFNIA LTD (HAFNI.OL) Fundamental Analysis & Valuation
OSL:HAFNI • SGXZ53070850
Current stock price
75.68 NOK
+1.1 (+1.47%)
Last:
This HAFNI.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. HAFNI.OL Profitability Analysis
1.1 Basic Checks
- In the past year HAFNI was profitable.
- HAFNI had a positive operating cash flow in the past year.
- In multiple years HAFNI reported negative net income over the last 5 years.
- Of the past 5 years HAFNI 4 years had a positive operating cash flow.
1.2 Ratios
- HAFNI has a Return On Assets of 8.68%. This is amongst the best in the industry. HAFNI outperforms 88.00% of its industry peers.
- HAFNI has a better Return On Equity (13.30%) than 70.67% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 8.62%, HAFNI is in the better half of the industry, outperforming 76.00% 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 9.44%.
- The last Return On Invested Capital (8.62%) for HAFNI is well below the 3 year average (18.77%), which needs to be investigated, but indicates that HAFNI had better years and this may not be a problem.
| 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
- HAFNI has a Profit Margin of 13.95%. This is in the better half of the industry: HAFNI outperforms 72.00% of its industry peers.
- HAFNI's Profit Margin has improved in the last couple of years.
- HAFNI's Operating Margin of 15.12% is in line compared to the rest of the industry. HAFNI outperforms 46.67% of its industry peers.
- HAFNI's Operating Margin has improved in the last couple of years.
| 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. HAFNI.OL Health Analysis
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.
- HAFNI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 3.47 indicates that HAFNI is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 3.47, HAFNI is in the better half of the industry, outperforming 76.00% of the companies in the same industry.
- 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 Debt to FCF ratio of 1.74. This is amongst the best in the industry. HAFNI outperforms 88.00% of its industry peers.
- A Debt/Equity ratio of 0.29 indicates that HAFNI is not too dependend on debt financing.
- The Debt to Equity ratio of HAFNI (0.29) is better than 69.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.47 |
ROIC/WACC0.98
WACC8.8%
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.
- With a decent Current ratio value of 1.52, HAFNI is doing good in the industry, outperforming 61.33% 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 Quick ratio of 1.38. This is in the better half of the industry: HAFNI outperforms 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.38 |
3. HAFNI.OL Growth Analysis
3.1 Past
- HAFNI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -54.97%.
- Measured over the past years, HAFNI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.65% on average per year.
EPS 1Y (TTM)-54.97%
EPS 3Y-24.34%
EPS 5Y10.65%
EPS Q2Q%46.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%10.88%
3.2 Future
- The Earnings Per Share is expected to grow by 6.17% on average over the next years.
- HAFNI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.35% yearly.
EPS Next Y11.84%
EPS Next 2Y-2.96%
EPS Next 3Y6.17%
EPS Next 5YN/A
Revenue Next Year11.06%
Revenue Next 2Y-3.11%
Revenue Next 3Y-3.35%
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.
4. HAFNI.OL Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.41, the valuation of HAFNI can be described as reasonable.
- 89.33% of the companies in the same industry are more expensive than HAFNI, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of HAFNI to the average of the S&P500 Index (26.17), we can say HAFNI is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 10.21, the valuation of HAFNI can be described as reasonable.
- Based on the Price/Forward Earnings ratio, HAFNI is valued cheaply inside the industry as 84.00% 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 23.05.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.41 | ||
| Fwd PE | 10.21 |
4.2 Price Multiples
- HAFNI's Enterprise Value to EBITDA ratio is in line with the industry average.
- 90.67% 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 | 7.75 | ||
| EV/EBITDA | 8.77 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of HAFNI may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)1.07
EPS Next 2Y-2.96%
EPS Next 3Y6.17%
5. HAFNI.OL Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 7.23%, HAFNI is a good candidate for dividend investing.
- HAFNI's Dividend Yield is rather good when compared to the industry average which is at 3.98. HAFNI pays more dividend than 90.67% of the companies in the same industry.
- HAFNI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.23% |
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
- 102.71% of the earnings are spent on dividend by HAFNI. This is not a sustainable payout ratio.
- HAFNI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP102.71%
EPS Next 2Y-2.96%
EPS Next 3Y6.17%
HAFNI.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:HAFNI (4/1/2026, 7:00:00 PM)
75.68
+1.1 (+1.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-26 2026-02-26/bmo
Earnings (Next)05-27 2026-05-27/bmo
Inst Owners29.37%
Inst Owner ChangeN/A
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap38.79B
Revenue(TTM)N/A
Net Income(TTM)310.03M
Analysts82.86
Price Target78.02 (3.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.23% |
Yearly Dividend13.55
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)-1.04%
PT rev (3m)2.17%
EPS NQ rev (1m)4.23%
EPS NQ rev (3m)2.65%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.45%
Revenue NQ rev (1m)1.45%
Revenue NQ rev (3m)-0.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.41 | ||
| Fwd PE | 10.21 | ||
| P/S | 1.79 | ||
| P/FCF | 7.75 | ||
| P/OCF | 6.22 | ||
| P/B | 1.71 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 8.77 |
EPS(TTM)6.63
EY8.76%
EPS(NY)7.41
Fwd EY9.79%
FCF(TTM)9.77
FCFY12.91%
OCF(TTM)12.17
OCFY16.08%
SpS42.23
BVpS44.3
TBVpS44.3
PEG (NY)0.96
PEG (5Y)1.07
Graham Number81.29
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 | 3.47 |
F-Score5
WACC8.8%
ROIC/WACC0.98
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)-54.97%
EPS 3Y-24.34%
EPS 5Y10.65%
EPS Q2Q%46.67%
EPS Next Y11.84%
EPS Next 2Y-2.96%
EPS Next 3Y6.17%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%10.88%
Revenue Next Year11.06%
Revenue Next 2Y-3.11%
Revenue Next 3Y-3.35%
Revenue Next 5YN/A
EBIT growth 1Y-61.78%
EBIT growth 3Y2051.86%
EBIT growth 5Y39.65%
EBIT Next Year-28.08%
EBIT Next 3Y-13.6%
EBIT Next 5Y-6.94%
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 Fundamental Analysis 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 for HAFNI stock?
ChartMill assigns a valuation rating of 8 / 10 to HAFNIA LTD (HAFNI.OL). This can be considered as Undervalued.
How profitable is HAFNIA LTD (HAFNI.OL) stock?
HAFNIA LTD (HAFNI.OL) has a profitability rating of 6 / 10.
Can you provide the financial health for HAFNI stock?
The financial health rating of HAFNIA LTD (HAFNI.OL) is 7 / 10.
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%.