HIMALAYA SHIPPING LTD (HSHP.OL) Stock Fundamental Analysis
OSL:HSHP • BMG4660A1036
138.2 NOK
+1.6 (+1.17%)
Last: Mar 3, 2026, 04:19 PM
Taking everything into account, HSHP scores 3 out of 10 in our fundamental rating. HSHP was compared to 17 industry peers in the Marine Transportation industry. There are concerns on the financial health of HSHP while its profitability can be described as average. HSHP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- HSHP had positive earnings in the past year.
- In the past year HSHP had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: HSHP reported negative net income in multiple years.
- The reported operating cash flow has been mixed in the past 5 years: HSHP reported negative operating cash flow in multiple years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.05%, HSHP is doing worse than 88.24% of the companies in the same industry.
- HSHP has a Return On Equity of 10.96%. This is in the lower half of the industry: HSHP underperforms 64.71% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 6.34%, HSHP is in line with its industry, outperforming 47.06% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for HSHP is below the industry average of 9.00%.
- The last Return On Invested Capital (6.34%) for HSHP is above the 3 year average (4.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 10.96% | ||
| ROIC | 6.34% |
ROA(3y)1.56%
ROA(5y)0.5%
ROE(3y)8.51%
ROE(5y)4.45%
ROIC(3y)4.8%
ROIC(5y)N/A
1.3 Margins
- HSHP has a Profit Margin (13.44%) which is in line with its industry peers.
- With an excellent Operating Margin value of 51.65%, HSHP belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
- HSHP has a Gross Margin of 77.49%. This is amongst the best in the industry. HSHP outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.65% | ||
| PM (TTM) | 13.44% | ||
| GM | 77.49% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HSHP is destroying value.
- The number of shares outstanding for HSHP has been increased compared to 1 year ago.
- Compared to 1 year ago, HSHP has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.13, we must say that HSHP is in the distress zone and has some risk of bankruptcy.
- HSHP's Altman-Z score of 1.13 is on the low side compared to the rest of the industry. HSHP is outperformed by 76.47% of its industry peers.
- The Debt to FCF ratio of HSHP is 13.33, which is on the high side as it means it would take HSHP, 13.33 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of HSHP (13.33) is worse than 76.47% of its industry peers.
- A Debt/Equity ratio of 4.12 is on the high side and indicates that HSHP has dependencies on debt financing.
- The Debt to Equity ratio of HSHP (4.12) is worse than 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.12 | ||
| Debt/FCF | 13.33 | ||
| Altman-Z | 1.13 |
ROIC/WACC0.76
WACC8.3%
2.3 Liquidity
- A Current Ratio of 1.08 indicates that HSHP should not have too much problems paying its short term obligations.
- HSHP's Current ratio of 1.08 is in line compared to the rest of the industry. HSHP outperforms 41.18% of its industry peers.
- HSHP has a Quick Ratio of 1.08. This is a normal value and indicates that HSHP is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of HSHP (1.08) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
- HSHP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.83%.
- HSHP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.71%.
EPS 1Y (TTM)-20.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1350%
Revenue 1Y (TTM)6.71%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%42.24%
3.2 Future
- Based on estimates for the next years, HSHP will show a very strong growth in Earnings Per Share. The EPS will grow by 78.72% on average per year.
- HSHP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.43% yearly.
EPS Next Y161.44%
EPS Next 2Y78.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year24%
Revenue Next 2Y10.45%
Revenue Next 3Y2.43%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 37.97, which means the current valuation is very expensive for HSHP.
- Based on the Price/Earnings ratio, HSHP is valued more expensive than 88.24% of the companies in the same industry.
- HSHP is valuated rather expensively when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 14.54, the valuation of HSHP can be described as correct.
- HSHP's Price/Forward Earnings is on the same level as the industry average.
- HSHP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.97 | ||
| Fwd PE | 14.54 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HSHP is valued a bit more expensive than the industry average as 70.59% of the companies are valued more cheaply.
- HSHP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.04 | ||
| EV/EBITDA | 13.6 |
4.3 Compensation for Growth
- HSHP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HSHP's earnings are expected to grow with 78.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y78.72%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- HSHP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:HSHP (3/3/2026, 4:19:48 PM)
138.2
+1.6 (+1.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners25.33%
Inst Owner ChangeN/A
Ins Owners4.36%
Ins Owner ChangeN/A
Market Cap6.45B
Revenue(TTM)131.87M
Net Income(TTM)17.73M
Analysts76.67
Price Target105.57 (-23.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend5.64
Dividend Growth(5Y)N/A
DP151.75%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.92%
Min EPS beat(2)-6.78%
Max EPS beat(2)2.94%
EPS beat(4)2
Avg EPS beat(4)-15.47%
Min EPS beat(4)-84.52%
Max EPS beat(4)26.47%
EPS beat(8)2
Avg EPS beat(8)-27.72%
EPS beat(12)3
Avg EPS beat(12)-73.55%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.5%
Min Revenue beat(2)-0.5%
Max Revenue beat(2)-0.49%
Revenue beat(4)1
Avg Revenue beat(4)-0.57%
Min Revenue beat(4)-10.65%
Max Revenue beat(4)9.35%
Revenue beat(8)2
Avg Revenue beat(8)-1.05%
Revenue beat(12)3
Avg Revenue beat(12)7.39%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)12.59%
PT rev (3m)23.21%
EPS NQ rev (1m)76.31%
EPS NQ rev (3m)52.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.12%
Revenue NQ rev (1m)8.78%
Revenue NQ rev (3m)9.34%
Revenue NY rev (1m)1.88%
Revenue NY rev (3m)4.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.97 | ||
| Fwd PE | 14.54 | ||
| P/S | 5.11 | ||
| P/FCF | 13.04 | ||
| P/OCF | 13.04 | ||
| P/B | 4.17 | ||
| P/tB | 4.17 | ||
| EV/EBITDA | 13.6 |
EPS(TTM)3.64
EY2.63%
EPS(NY)9.5
Fwd EY6.88%
FCF(TTM)10.6
FCFY7.67%
OCF(TTM)10.6
OCFY7.67%
SpS27.04
BVpS33.16
TBVpS33.16
PEG (NY)0.24
PEG (5Y)N/A
Graham Number52.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 10.96% | ||
| ROCE | 8.23% | ||
| ROIC | 6.34% | ||
| ROICexc | 6.6% | ||
| ROICexgc | 6.6% | ||
| OM | 51.65% | ||
| PM (TTM) | 13.44% | ||
| GM | 77.49% | ||
| FCFM | 39.2% |
ROA(3y)1.56%
ROA(5y)0.5%
ROE(3y)8.51%
ROE(5y)4.45%
ROIC(3y)4.8%
ROIC(5y)N/A
ROICexc(3y)4.96%
ROICexc(5y)N/A
ROICexgc(3y)4.96%
ROICexgc(5y)N/A
ROCE(3y)6.23%
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.12 | ||
| Debt/FCF | 13.33 | ||
| Debt/EBITDA | 6.84 | ||
| Cap/Depr | 0% | ||
| Cap/Sales | 0% | ||
| Interest Coverage | 1.38 | ||
| Cash Conversion | 53.13% | ||
| Profit Quality | 291.66% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.13 |
F-Score6
WACC8.3%
ROIC/WACC0.76
Cap/Depr(3y)1904.2%
Cap/Depr(5y)N/A
Cap/Sales(3y)459.24%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1350%
EPS Next Y161.44%
EPS Next 2Y78.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.71%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%42.24%
Revenue Next Year24%
Revenue Next 2Y10.45%
Revenue Next 3Y2.43%
Revenue Next 5YN/A
EBIT growth 1Y2.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year92.8%
EBIT Next 3Y22.88%
EBIT Next 5YN/A
FCF growth 1Y120.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.41%
OCF growth 3YN/A
OCF growth 5YN/A
HIMALAYA SHIPPING LTD / HSHP.OL FAQ
Can you provide the ChartMill fundamental rating for HIMALAYA SHIPPING LTD?
ChartMill assigns a fundamental rating of 3 / 10 to HSHP.OL.
Can you provide the valuation status for HIMALAYA SHIPPING LTD?
ChartMill assigns a valuation rating of 4 / 10 to HIMALAYA SHIPPING LTD (HSHP.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for HIMALAYA SHIPPING LTD?
HIMALAYA SHIPPING LTD (HSHP.OL) has a profitability rating of 4 / 10.
Can you provide the financial health for HSHP stock?
The financial health rating of HIMALAYA SHIPPING LTD (HSHP.OL) is 2 / 10.
Can you provide the dividend sustainability for HSHP stock?
The dividend rating of HIMALAYA SHIPPING LTD (HSHP.OL) is 0 / 10 and the dividend payout ratio is 151.75%.