HIMALAYA SHIPPING LTD (HSHP) Stock Fundamental Analysis
USA - NYSE:HSHP - BMG4660A1036 - Common Stock
7.72 USD
+0.04 (+0.52%)
7.72 USD
0 (0%)
Overall HSHP gets a fundamental rating of 3 out of 10. We evaluated HSHP against 35 industry peers in the Marine Transportation industry. HSHP has a bad profitability rating. Also its financial health evaluation is rather negative. HSHP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year HSHP was profitable.
HSHP had a positive operating cash flow in the past year.
1.2 Ratios
HSHP's Return On Assets of 0.74% is on the low side compared to the rest of the industry. HSHP is outperformed by 62.86% of its industry peers.
HSHP has a Return On Equity of 4.03%. This is comparable to the rest of the industry: HSHP outperforms 51.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.46%, HSHP is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 4.03% | ||
| ROIC | 5.46% |
ROA(3y)0.51%
ROA(5y)N/A
ROE(3y)4.12%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HSHP has a Profit Margin (5.32%) which is comparable to the rest of the industry.
With an excellent Operating Margin value of 47.90%, HSHP belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
The Gross Margin of HSHP (76.12%) is better than 91.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.9% | ||
| PM (TTM) | 5.32% | ||
| GM | 76.12% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HSHP is destroying value.
The number of shares outstanding for HSHP remains at a similar level compared to 1 year ago.
HSHP has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.79, we must say that HSHP is in the distress zone and has some risk of bankruptcy.
HSHP has a Altman-Z score of 0.79. This is comparable to the rest of the industry: HSHP outperforms 48.57% of its industry peers.
The Debt to FCF ratio of HSHP is 19.60, which is on the high side as it means it would take HSHP, 19.60 years of fcf income to pay off all of its debts.
HSHP's Debt to FCF ratio of 19.60 is in line compared to the rest of the industry. HSHP outperforms 54.29% of its industry peers.
A Debt/Equity ratio of 4.25 is on the high side and indicates that HSHP has dependencies on debt financing.
With a Debt to Equity ratio value of 4.25, HSHP is not doing good in the industry: 91.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 19.6 | ||
| Altman-Z | 0.79 |
ROIC/WACC0.76
WACC7.14%
2.3 Liquidity
HSHP has a Current Ratio of 0.95. This is a bad value and indicates that HSHP is not financially healthy enough and could expect problems in meeting its short term obligations.
HSHP has a Current ratio of 0.95. This is in the lower half of the industry: HSHP underperforms 74.29% of its industry peers.
HSHP has a Quick Ratio of 0.95. This is a bad value and indicates that HSHP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.90, HSHP is doing worse than 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for HSHP have decreased strongly by -50.00% in the last year.
The Revenue has grown by 44.78% in the past year. This is a very strong growth!
EPS 1Y (TTM)-50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-87.5%
Revenue 1Y (TTM)44.78%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-4.17%
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 40.55% on average per year.
Based on estimates for the next years, HSHP will show a quite strong growth in Revenue. The Revenue will grow by 10.15% on average per year.
EPS Next Y-4.91%
EPS Next 2Y44.68%
EPS Next 3Y40.55%
EPS Next 5YN/A
Revenue Next Year2.73%
Revenue Next 2Y11.04%
Revenue Next 3Y10.15%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 55.14, the valuation of HSHP can be described as expensive.
HSHP's Price/Earnings ratio is a bit more expensive when compared to the industry. HSHP is more expensive than 62.86% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, HSHP is valued quite expensively.
HSHP is valuated cheaply with a Price/Forward Earnings ratio of 7.68.
Based on the Price/Forward Earnings ratio, HSHP is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 32.68. HSHP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.14 | ||
| Fwd PE | 7.68 |
4.2 Price Multiples
HSHP's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. HSHP is more expensive than 80.00% of the companies in the same industry.
HSHP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HSHP is cheaper than 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.04 | ||
| EV/EBITDA | 11.89 |
4.3 Compensation for Growth
HSHP's earnings are expected to grow with 40.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y44.68%
EPS Next 3Y40.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.34%, HSHP is a good candidate for dividend investing.
HSHP's Dividend Yield is rather good when compared to the industry average which is at 7.05. HSHP pays more dividend than 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, HSHP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.34% |
5.2 History
HSHP does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
310.27% of the earnings are spent on dividend by HSHP. This is not a sustainable payout ratio.
DP310.27%
EPS Next 2Y44.68%
EPS Next 3Y40.55%
7.72
+0.04 (+0.52%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners25.24%
Inst Owner ChangeN/A
Ins Owners4.36%
Ins Owner ChangeN/A
Market Cap359.37M
Revenue(TTM)120.67M
Net Income(TTM)6.42M
Analysts81.82
Price Target8.72 (12.95%)
Short Float %2.19%
Short Ratio3.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.34% |
Yearly Dividend0.47
Dividend Growth(5Y)N/A
DP310.27%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-29.02%
Min EPS beat(2)-84.52%
Max EPS beat(2)26.47%
EPS beat(4)1
Avg EPS beat(4)-39.42%
Min EPS beat(4)-84.52%
Max EPS beat(4)26.47%
EPS beat(8)1
Avg EPS beat(8)-54.73%
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)1
Avg Revenue beat(2)-0.65%
Min Revenue beat(2)-10.65%
Max Revenue beat(2)9.35%
Revenue beat(4)1
Avg Revenue beat(4)-2.54%
Min Revenue beat(4)-10.65%
Max Revenue beat(4)9.35%
Revenue beat(8)2
Avg Revenue beat(8)-3.09%
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)3.15%
PT rev (3m)3.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.14 | ||
| Fwd PE | 7.68 | ||
| P/S | 2.98 | ||
| P/FCF | 10.04 | ||
| P/OCF | 10.09 | ||
| P/B | 2.26 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 11.89 |
EPS(TTM)0.14
EY1.81%
EPS(NY)1
Fwd EY13.01%
FCF(TTM)0.77
FCFY9.96%
OCF(TTM)0.77
OCFY9.91%
SpS2.59
BVpS3.42
TBVpS3.42
PEG (NY)N/A
PEG (5Y)N/A
Graham Number3.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 4.03% | ||
| ROCE | 6.91% | ||
| ROIC | 5.46% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 5.62% | ||
| OM | 47.9% | ||
| PM (TTM) | 5.32% | ||
| GM | 76.12% | ||
| FCFM | 29.66% |
ROA(3y)0.51%
ROA(5y)N/A
ROE(3y)4.12%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 19.6 | ||
| Debt/EBITDA | 7.79 | ||
| Cap/Depr | 0.57% | ||
| Cap/Sales | 0.14% | ||
| Interest Coverage | 1.13 | ||
| Cash Conversion | 40.96% | ||
| Profit Quality | 557.88% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.79 |
F-Score7
WACC7.14%
ROIC/WACC0.76
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)-50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-87.5%
EPS Next Y-4.91%
EPS Next 2Y44.68%
EPS Next 3Y40.55%
EPS Next 5YN/A
Revenue 1Y (TTM)44.78%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-4.17%
Revenue Next Year2.73%
Revenue Next 2Y11.04%
Revenue Next 3Y10.15%
Revenue Next 5YN/A
EBIT growth 1Y38.45%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.7%
EBIT Next 3Y27.21%
EBIT Next 5YN/A
FCF growth 1Y110.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1062.73%
OCF growth 3YN/A
OCF growth 5YN/A
HIMALAYA SHIPPING LTD / HSHP FAQ
Can you provide the ChartMill fundamental rating for HIMALAYA SHIPPING LTD?
ChartMill assigns a fundamental rating of 3 / 10 to HSHP.
What is the valuation status for HSHP stock?
ChartMill assigns a valuation rating of 4 / 10 to HIMALAYA SHIPPING LTD (HSHP). This can be considered as Fairly Valued.
Can you provide the profitability details for HIMALAYA SHIPPING LTD?
HIMALAYA SHIPPING LTD (HSHP) has a profitability rating of 3 / 10.
What is the financial health of HIMALAYA SHIPPING LTD (HSHP) stock?
The financial health rating of HIMALAYA SHIPPING LTD (HSHP) is 1 / 10.
Is the dividend of HIMALAYA SHIPPING LTD sustainable?
The dividend rating of HIMALAYA SHIPPING LTD (HSHP) is 4 / 10 and the dividend payout ratio is 310.27%.