HIMALAYA SHIPPING LTD (HSHP.OL) Fundamental Analysis & Valuation

OSL:HSHP • BMG4660A1036

Current stock price

133.6 NOK
+3.2 (+2.45%)
Last:

This HSHP.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. HSHP.OL Profitability Analysis

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.
HSHP.OL Yearly Net Income VS EBIT VS OCF VS FCFHSHP.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 2025 0 -100M -200M -300M -400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.05%, HSHP is doing worse than 88.89% of the companies in the same industry.
  • HSHP has a Return On Equity (10.96%) which is in line with its industry peers.
  • The Return On Invested Capital of HSHP (6.34%) is comparable to the rest of the industry.
  • HSHP had an Average Return On Invested Capital over the past 3 years of 4.80%. This is below the industry average of 8.21%.
  • The 3 year average ROIC (4.80%) for HSHP is below the current ROIC(6.34%), indicating increased profibility in the last year.
Industry RankSector 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
HSHP.OL Yearly ROA, ROE, ROICHSHP.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 2025 0 5 10

1.3 Margins

  • HSHP has a Profit Margin (13.44%) which is comparable to the rest of the industry.
  • HSHP's Operating Margin of 51.65% is amongst the best of the industry. HSHP outperforms 94.44% of its industry peers.
  • HSHP has a better Gross Margin (77.49%) than 100.00% of its industry peers.
Industry RankSector 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
HSHP.OL Yearly Profit, Operating, Gross MarginsHSHP.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. HSHP.OL Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HSHP is destroying value.
  • HSHP has more shares outstanding than it did 1 year ago.
  • HSHP has a better debt/assets ratio than last year.
HSHP.OL Yearly Shares OutstandingHSHP.OL Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 2025 10M 20M 30M 40M
HSHP.OL Yearly Total Debt VS Total AssetsHSHP.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

  • HSHP has an Altman-Z score of 1.11. This is a bad value and indicates that HSHP is not financially healthy and even has some risk of bankruptcy.
  • HSHP's Altman-Z score of 1.11 is on the low side compared to the rest of the industry. HSHP is outperformed by 88.89% of its industry peers.
  • HSHP has a debt to FCF ratio of 13.33. This is a negative value and a sign of low solvency as HSHP would need 13.33 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 13.33, HSHP is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
  • HSHP has a Debt/Equity ratio of 4.12. This is a high value indicating a heavy dependency on external financing.
  • HSHP has a worse Debt to Equity ratio (4.12) than 88.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.12
Debt/FCF 13.33
Altman-Z 1.11
ROIC/WACC0.74
WACC8.58%
HSHP.OL Yearly LT Debt VS Equity VS FCFHSHP.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 2025 0 200M -200M 400M -400M 600M

2.3 Liquidity

  • A Current Ratio of 1.08 indicates that HSHP should not have too much problems paying its short term obligations.
  • HSHP has a Current ratio of 1.08. This is in the lower half of the industry: HSHP underperforms 61.11% of its industry peers.
  • A Quick Ratio of 1.04 indicates that HSHP should not have too much problems paying its short term obligations.
  • HSHP's Quick ratio of 1.04 is on the low side compared to the rest of the industry. HSHP is outperformed by 61.11% of its industry peers.
Industry RankSector Rank
Current Ratio 1.08
Quick Ratio 1.04
HSHP.OL Yearly Current Assets VS Current LiabilitesHSHP.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 2025 10M 20M 30M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. HSHP.OL Growth Analysis

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

  • The Earnings Per Share is expected to grow by 35.65% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 4.69% on average over the next years.
EPS Next Y188.74%
EPS Next 2Y65%
EPS Next 3Y35.65%
EPS Next 5YN/A
Revenue Next Year21.58%
Revenue Next 2Y9.28%
Revenue Next 3Y4.69%
Revenue Next 5YN/A

3.3 Evolution

HSHP.OL Yearly Revenue VS EstimatesHSHP.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2023 2024 2025 2026 2027 2028 50M 100M 150M
HSHP.OL Yearly EPS VS EstimatesHSHP.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

4

4. HSHP.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 37.32, HSHP can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of HSHP indicates a rather expensive valuation: HSHP more expensive than 88.89% of the companies listed in the same industry.
  • HSHP's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.33.
  • Based on the Price/Forward Earnings ratio of 12.94, the valuation of HSHP can be described as correct.
  • HSHP's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of HSHP to the average of the S&P500 Index (38.16), we can say HSHP is valued rather cheaply.
Industry RankSector Rank
PE 37.32
Fwd PE 12.94
HSHP.OL Price Earnings VS Forward Price EarningsHSHP.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • HSHP's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. HSHP is more expensive than 72.22% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as HSHP.
Industry RankSector Rank
P/FCF 12.83
EV/EBITDA 13.41
HSHP.OL Per share dataHSHP.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
  • HSHP's earnings are expected to grow with 35.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y65%
EPS Next 3Y35.65%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. HSHP.OL Dividend Analysis

5.1 Amount

  • HSHP does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

HSHP.OL Fundamentals: All Metrics, Ratios and Statistics

HIMALAYA SHIPPING LTD

OSL:HSHP (4/15/2026, 2:48:55 PM)

133.6

+3.2 (+2.45%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)02-10
Earnings (Next)05-07
Inst Owners28.04%
Inst Owner ChangeN/A
Ins Owners4.35%
Ins Owner ChangeN/A
Market Cap6.25B
Revenue(TTM)131.87M
Net Income(TTM)17.73M
Analysts76.67
Price Target112.2 (-16.02%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend5.64
Dividend Growth(5Y)N/A
DP151.75%
Div Incr Years0
Div Non Decr Years0
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)6.28%
PT rev (3m)30.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)43.75%
EPS NY rev (1m)-8.97%
EPS NY rev (3m)1.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.58%
Revenue NY rev (1m)-3.73%
Revenue NY rev (3m)-0.1%
Valuation
Industry RankSector Rank
PE 37.32
Fwd PE 12.94
P/S 5.03
P/FCF 12.83
P/OCF 12.83
P/B 4.1
P/tB 4.1
EV/EBITDA 13.41
EPS(TTM)3.58
EY2.68%
EPS(NY)10.33
Fwd EY7.73%
FCF(TTM)10.41
FCFY7.79%
OCF(TTM)10.41
OCFY7.79%
SpS26.55
BVpS32.56
TBVpS32.56
PEG (NY)0.2
PEG (5Y)N/A
Graham Number51.2113 (-61.67%)
Profitability
Industry RankSector 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 RankSector 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 1.04
Altman-Z 1.11
F-Score6
WACC8.58%
ROIC/WACC0.74
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 Y188.74%
EPS Next 2Y65%
EPS Next 3Y35.65%
EPS Next 5YN/A
Revenue 1Y (TTM)6.71%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%42.24%
Revenue Next Year21.58%
Revenue Next 2Y9.28%
Revenue Next 3Y4.69%
Revenue Next 5YN/A
EBIT growth 1Y2.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year84.05%
EBIT Next 3Y19.4%
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 Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for HIMALAYA SHIPPING LTD?

ChartMill assigns a fundamental rating of 2 / 10 to HSHP.OL.


What is the valuation status of HIMALAYA SHIPPING LTD (HSHP.OL) stock?

ChartMill assigns a valuation rating of 4 / 10 to HIMALAYA SHIPPING LTD (HSHP.OL). This can be considered as Fairly Valued.


What is the profitability of HSHP stock?

HIMALAYA SHIPPING LTD (HSHP.OL) has a profitability rating of 4 / 10.


What is the financial health of HIMALAYA SHIPPING LTD (HSHP.OL) stock?

The financial health rating of HIMALAYA SHIPPING LTD (HSHP.OL) is 1 / 10.


Can you provide the expected EPS growth for HSHP stock?

The Earnings per Share (EPS) of HIMALAYA SHIPPING LTD (HSHP.OL) is expected to grow by 188.74% in the next year.