HAVILA SHIPPING ASA (HAVI.OL) Stock Fundamental Analysis
Europe - OSL:HAVI - NO0010257728 - Common Stock
1.22 NOK
-0.02 (-1.21%)
Overall HAVI gets a fundamental rating of 4 out of 10. We evaluated HAVI against 37 industry peers in the Energy Equipment & Services industry. HAVI has a medium profitability rating, but doesn't score so well on its financial health evaluation. HAVI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
HAVI had positive earnings in the past year.
In the past year HAVI had a positive cash flow from operations.
HAVI had positive earnings in 4 of the past 5 years.
In the past 5 years HAVI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HAVI (2.18%) is worse than 62.16% of its industry peers.
HAVI has a Return On Equity (9.51%) which is comparable to the rest of the industry.
HAVI has a better Return On Invested Capital (11.86%) than 70.27% of its industry peers.
HAVI had an Average Return On Invested Capital over the past 3 years of 42.74%. This is significantly above the industry average of 11.08%.
The last Return On Invested Capital (11.86%) for HAVI is well below the 3 year average (42.74%), which needs to be investigated, but indicates that HAVI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 9.51% | ||
| ROIC | 11.86% |
ROA(3y)0.97%
ROA(5y)13.65%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)42.74%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 5.43%, HAVI perfoms like the industry average, outperforming 51.35% of the companies in the same industry.
HAVI's Profit Margin has declined in the last couple of years.
The Operating Margin of HAVI (22.35%) is better than 78.38% of its industry peers.
With an excellent Gross Margin value of 88.56%, HAVI belongs to the best of the industry, outperforming 97.30% of the companies in the same industry.
In the last couple of years the Gross Margin of HAVI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.35% | ||
| PM (TTM) | 5.43% | ||
| GM | 88.56% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-47.14%
PM growth 5YN/A
GM growth 3Y2.29%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so HAVI is creating value.
Compared to 1 year ago, HAVI has more shares outstanding
HAVI has more shares outstanding than it did 5 years ago.
HAVI has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.18, we must say that HAVI is in the distress zone and has some risk of bankruptcy.
HAVI has a Altman-Z score (-0.18) which is in line with its industry peers.
The Debt to FCF ratio of HAVI is 5.28, which is a neutral value as it means it would take HAVI, 5.28 years of fcf income to pay off all of its debts.
HAVI has a Debt to FCF ratio of 5.28. This is comparable to the rest of the industry: HAVI outperforms 48.65% of its industry peers.
A Debt/Equity ratio of 1.43 is on the high side and indicates that HAVI has dependencies on debt financing.
HAVI's Debt to Equity ratio of 1.43 is on the low side compared to the rest of the industry. HAVI is outperformed by 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 5.28 | ||
| Altman-Z | -0.18 |
ROIC/WACC1.82
WACC6.51%
2.3 Liquidity
HAVI has a Current Ratio of 0.49. This is a bad value and indicates that HAVI is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.49, HAVI is doing worse than 91.89% of the companies in the same industry.
HAVI has a Quick Ratio of 0.49. This is a bad value and indicates that HAVI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.49, HAVI is not doing good in the industry: 91.89% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 90.04% over the past year.
The earnings per share for HAVI have been decreasing by -46.89% on average. This is quite bad
HAVI shows a small growth in Revenue. In the last year, the Revenue has grown by 6.92%.
Measured over the past years, HAVI shows a decrease in Revenue. The Revenue has been decreasing by -4.88% on average per year.
EPS 1Y (TTM)90.04%
EPS 3Y-46.89%
EPS 5YN/A
EPS Q2Q%-81.44%
Revenue 1Y (TTM)6.92%
Revenue growth 3Y2.28%
Revenue growth 5Y-4.88%
Sales Q2Q%13.39%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
HAVI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.41% yearly.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.21%
Revenue Next 2Y11.04%
Revenue Next 3Y8.41%
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 3.59, the valuation of HAVI can be described as very cheap.
HAVI's Price/Earnings ratio is rather cheap when compared to the industry. HAVI is cheaper than 89.19% of the companies in the same industry.
HAVI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | N/A |
4.2 Price Multiples
HAVI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HAVI is cheaper than 72.97% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HAVI is valued cheaply inside the industry as 94.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.69 | ||
| EV/EBITDA | 3.98 |
4.3 Compensation for Growth
The decent profitability rating of HAVI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for HAVI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:HAVI (11/12/2025, 7:00:00 PM)
1.22
-0.02 (-1.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners15.98%
Inst Owner ChangeN/A
Ins Owners1.7%
Ins Owner ChangeN/A
Market Cap335.71M
Revenue(TTM)620.59M
Net Income(TTM)33.67M
Analysts82.86
Price Target2.35 (92.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | N/A | ||
| P/S | 0.54 | ||
| P/FCF | 1.69 | ||
| P/OCF | 1.69 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 3.98 |
EPS(TTM)0.34
EY27.87%
EPS(NY)0
Fwd EYN/A
FCF(TTM)0.72
FCFY59.12%
OCF(TTM)0.72
OCFY59.12%
SpS2.26
BVpS1.29
TBVpS1.29
PEG (NY)N/A
PEG (5Y)N/A
Graham Number3.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 9.51% | ||
| ROCE | 15.41% | ||
| ROIC | 11.86% | ||
| ROICexc | 14.33% | ||
| ROICexgc | 14.33% | ||
| OM | 22.35% | ||
| PM (TTM) | 5.43% | ||
| GM | 88.56% | ||
| FCFM | 31.98% |
ROA(3y)0.97%
ROA(5y)13.65%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)42.74%
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)55.5%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-47.14%
PM growth 5YN/A
GM growth 3Y2.29%
GM growth 5Y0.48%
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 5.28 | ||
| Debt/EBITDA | 1.63 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.18 | ||
| Cash Conversion | 64.09% | ||
| Profit Quality | 589.39% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | -0.18 |
F-Score7
WACC6.51%
ROIC/WACC1.82
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)90.04%
EPS 3Y-46.89%
EPS 5YN/A
EPS Q2Q%-81.44%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.92%
Revenue growth 3Y2.28%
Revenue growth 5Y-4.88%
Sales Q2Q%13.39%
Revenue Next Year20.21%
Revenue Next 2Y11.04%
Revenue Next 3Y8.41%
Revenue Next 5YN/A
EBIT growth 1Y11.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year29.86%
EBIT Next 3Y11.47%
EBIT Next 5YN/A
FCF growth 1Y47.52%
FCF growth 3Y22%
FCF growth 5Y19.3%
OCF growth 1Y47.52%
OCF growth 3Y22%
OCF growth 5Y19.3%
HAVILA SHIPPING ASA / HAVI.OL FAQ
What is the fundamental rating for HAVI stock?
ChartMill assigns a fundamental rating of 4 / 10 to HAVI.OL.
Can you provide the valuation status for HAVILA SHIPPING ASA?
ChartMill assigns a valuation rating of 5 / 10 to HAVILA SHIPPING ASA (HAVI.OL). This can be considered as Fairly Valued.
How profitable is HAVILA SHIPPING ASA (HAVI.OL) stock?
HAVILA SHIPPING ASA (HAVI.OL) has a profitability rating of 6 / 10.
What is the valuation of HAVILA SHIPPING ASA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HAVILA SHIPPING ASA (HAVI.OL) is 3.59 and the Price/Book (PB) ratio is 0.95.
Can you provide the financial health for HAVI stock?
The financial health rating of HAVILA SHIPPING ASA (HAVI.OL) is 2 / 10.