HIMALAYA SHIPPING LTD (HSHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HSHP - BMG4660A1036 - Common Stock
9.24 USD
-0.27 (-2.84%)
9.24 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to HSHP. HSHP was compared to 35 industry peers in the Marine Transportation industry. Both the profitability and financial health of HSHP have multiple concerns. HSHP is not valued too expensively and it also shows a decent growth rate.
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.
1.2 Ratios
With a Return On Assets value of 0.74%, HSHP perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
HSHP has a Return On Equity (4.03%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.46%, HSHP is in the better half of the industry, outperforming 68.57% 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.
The Operating Margin of HSHP (47.90%) is better than 88.57% of its industry peers.
HSHP has a better Gross Margin (76.12%) 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HSHP is destroying value.
The number of shares outstanding for HSHP remains at a similar level compared to 1 year ago.
Compared to 1 year ago, HSHP has a worse debt to assets ratio.
2.2 Solvency
HSHP has an Altman-Z score of 0.87. This is a bad value and indicates that HSHP is not financially healthy and even has some risk of bankruptcy.
HSHP has a Altman-Z score of 0.87. 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.
The Debt to FCF ratio of HSHP (19.60) is comparable to the rest of the industry.
A Debt/Equity ratio of 4.25 is on the high side and indicates that HSHP has dependencies on debt financing.
The Debt to Equity ratio of HSHP (4.25) is worse than 88.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 19.6 | ||
| Altman-Z | 0.87 |
ROIC/WACC0.74
WACC7.34%
2.3 Liquidity
A Current Ratio of 0.95 indicates that HSHP may have some problems paying its short term obligations.
The Current ratio of HSHP (0.95) is worse than 77.14% 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.
The Quick ratio of HSHP (0.90) is worse than 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
HSHP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -80.70%.
HSHP shows a strong growth in Revenue. In the last year, the Revenue has grown by 236.40%.
EPS 1Y (TTM)-80.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-12.5%
Revenue 1Y (TTM)236.4%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.31%
3.2 Future
HSHP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.09% yearly.
Based on estimates for the next years, HSHP will show a quite strong growth in Revenue. The Revenue will grow by 10.82% on average per year.
EPS Next Y-21.91%
EPS Next 2Y49.91%
EPS Next 3Y42.09%
EPS Next 5YN/A
Revenue Next Year3.01%
Revenue Next 2Y12.29%
Revenue Next 3Y10.82%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 84.00, the valuation of HSHP can be described as expensive.
HSHP's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of HSHP to the average of the S&P500 Index (27.19), we can say HSHP is valued expensively.
A Price/Forward Earnings ratio of 8.57 indicates a reasonable valuation of HSHP.
HSHP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HSHP is cheaper than 65.71% of the companies in the same industry.
HSHP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 84 | ||
| Fwd PE | 8.57 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HSHP indicates a slightly more expensive valuation: HSHP is more expensive than 65.71% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HSHP indicates a somewhat cheap valuation: HSHP is cheaper than 65.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.02 | ||
| EV/EBITDA | 12.87 |
4.3 Compensation for Growth
HSHP's earnings are expected to grow with 42.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y49.91%
EPS Next 3Y42.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.45%, HSHP is a good candidate for dividend investing.
HSHP's Dividend Yield is a higher than the industry average which is at 4.83.
HSHP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.45% |
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
HSHP pays out 310.27% of its income as dividend. This is not a sustainable payout ratio.
DP310.27%
EPS Next 2Y49.91%
EPS Next 3Y42.09%
9.24
-0.27 (-2.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners25.33%
Inst Owner ChangeN/A
Ins Owners4.36%
Ins Owner ChangeN/A
Market Cap430.12M
Revenue(TTM)123.58M
Net Income(TTM)6.42M
Analysts81.82
Price Target8.42 (-8.87%)
Short Float %2.46%
Short Ratio4.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.45% |
Yearly Dividend0.47
Dividend Growth(5Y)N/A
DP310.27%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-2.26%
PT rev (3m)-3.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.8%
EPS NY rev (3m)-23.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)-2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 84 | ||
| Fwd PE | 8.57 | ||
| P/S | 3.56 | ||
| P/FCF | 12.02 | ||
| P/OCF | 12.07 | ||
| P/B | 2.7 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 12.87 |
EPS(TTM)0.11
EY1.19%
EPS(NY)1.08
Fwd EY11.67%
FCF(TTM)0.77
FCFY8.32%
OCF(TTM)0.77
OCFY8.28%
SpS2.59
BVpS3.42
TBVpS3.42
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.91
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 | 0.87 |
F-Score7
WACC7.34%
ROIC/WACC0.74
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)-80.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-12.5%
EPS Next Y-21.91%
EPS Next 2Y49.91%
EPS Next 3Y42.09%
EPS Next 5YN/A
Revenue 1Y (TTM)236.4%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.31%
Revenue Next Year3.01%
Revenue Next 2Y12.29%
Revenue Next 3Y10.82%
Revenue Next 5YN/A
EBIT growth 1Y38.45%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year37.68%
EBIT Next 3Y25.51%
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.
Can you provide the valuation status for HIMALAYA SHIPPING LTD?
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.
Can you provide the financial health for HSHP stock?
The financial health rating of HIMALAYA SHIPPING LTD (HSHP) is 1 / 10.
Can you provide the dividend sustainability for HSHP stock?
The dividend rating of HIMALAYA SHIPPING LTD (HSHP) is 3 / 10 and the dividend payout ratio is 310.27%.