HAFN Stock Analysis: Hafnia | NYSE
Marine Shipping | NYSE, USA | Market Cap: 4.678m USD | 12M Return: 79.1% | SGXZ53070850 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.2M
EPS Trend: -73.4%
Qual. Beats: 2
Rev. Trend: -61.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 6.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hafnia Limited is a Singapore-based investment holding company that owns and operates a fleet of oil product tankers. The company is organized into four operating segments-Long Range II, Long Range I, Medium Range (MR), and Handy Size-covering a broad spectrum of vessel capacities used to transport clean and dirty refined oil products, vegetable oils, and easy chemicals. Its customer base spans national and international oil companies, chemical firms, and trading and utility companies. Beyond ship owning, Hafnia is involved in chartering and the provision of maritime services within the product and chemical tanker market. The company was founded in 2010, originally as BW Tankers Limited before adopting its current name in January 2019.
Operating within the Energy sector under the GICS Oil & Gas Storage & Transportation sub-industry, Hafnia is exposed to global seaborne transportation demand for refined petroleum products, a market influenced by refinery output, trade flows, and IMO emissions regulations that have historically encouraged fleet renewal toward more efficient tonnage. Its inclusion across multiple tanker size classes allows the company to serve both long-haul intercontinental routes and shorter regional voyages.
- Product tanker freight rates rise on tight vessel supply
- Fleet expansion through newbuild orders grows capacity
- IMO environmental regulations scrap older tanker tonnage
| Net Income: 645.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA -5.70 > 1.0 |
| NWC/Revenue: 16.42% < 20% (prev 6.47%; Δ 9.96% < -1%) |
| CFO/TA 0.17 > 3% & CFO 663.0m > Net Income 645.5m |
| Net Debt (608.4m) to EBITDA (794.4m): 0.77 < 3 |
| Current Ratio: 1.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (506.0m) vs 12m ago 0.41% < -2% |
| Gross Margin: 23.83% > 18% (prev 24.23%; Δ -0.40% > 0.5%) |
| Asset Turnover: 68.86% > 50% (prev 64.05%; Δ 4.81% > 0%) |
| Interest Coverage Ratio: 11.79 > 6 (EBIT TTM 599.9m / Interest Expense TTM 50.9m) |
| A: 0.11 (Total Current Assets 1.09b - Total Current Liabilities 658.8m) / Total Assets 3.96b |
| B: 0.26 (Retained Earnings 1.03b / Total Assets 3.96b) |
| C: 0.16 (EBIT TTM 599.9m / Avg Total Assets 3.82b) |
| D: 2.02 (Book Value of Equity 2.65b / Total Liabilities 1.31b) |
| Altman-Z'' = 4.74 = AA |
| DSRI: 1.18 (Receivables 615.4m/467.9m, Revenue 2.63b/2.35b) |
| GMI: 1.02 (GM 24.23% / 23.83%) |
| AQI: 2.87 (AQ_t 0.15 / AQ_t-1 0.05) |
| SGI: 1.12 (Revenue 2.63b / 2.35b) |
| TATA: -0.00 (NI 645.5m - CFO 663.0m) / TA 3.96b) |
| Beneish M = -1.67 (Cap -4..+1) = CCC |
As of September 15, 2026, the stock is trading at USD 9.38 with a total of 2,533,093 shares traded. Over the past week, the price has changed by +11.25%, over one month by +35.72%, over three months by +36.47% and over the past year by +79.12%.
Current recommended Stop Loss: 8.80 (which is 6.2% or 2 ATR below the current price).
Hafnia has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy HAFN.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.3 | -1.4% |
P/E Trailing = 7.0376
P/E Forward = 11.9332
P/S = 1.7541
P/B = 1.7276
Revenue TTM = 2.63b USD
EBIT TTM = 599.9m USD
EBITDA TTM = 794.4m USD
Long Term Debt = 610.4m USD (from longTermDebt, last quarter)
Short Term Debt = 231.1m USD (from shortTermDebt, last quarter)
Debt = 961.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 77.1m
Net Debt = 608.4m USD (calculated: Debt 961.0m - CCE 352.6m)
Enterprise Value = 5.29b USD (4.68b + Debt 961.0m - CCE 352.6m)
Interest Coverage Ratio = 11.79 (Ebit TTM 599.9m / Interest Expense TTM 50.9m)
EV/FCF = 9.68x (Enterprise Value 5.29b / FCF TTM 546.2m)
FCF Yield = 10.33% (FCF TTM 546.2m / Enterprise Value 5.29b)
FCF Margin = 20.78% (FCF TTM 546.2m / Revenue TTM 2.63b)
Net Margin = 24.56% (Net Income TTM 645.5m / Revenue TTM 2.63b)
Gross Margin = 23.83% ((Revenue TTM 2.63b - Cost of Revenue TTM 2.00b) / Revenue TTM)
Gross Margin QoQ = 29.95% (prev 23.73%)
Tobins Q-Ratio = 1.34 (Enterprise Value 5.29b / Total Assets 3.96b)
Interest Expense / Debt = 5.29% (Interest Expense 50.9m / Debt 961.0m)
Taxrate = 0.08% (548k / 646.0m)
NOPAT = 599.4m (EBIT 599.9m * (1 - 0.08%))
Current Ratio = 1.66 (Total Current Assets 1.09b / Total Current Liabilities 658.8m)
Debt / Equity = 0.36 (Debt 961.0m / totalStockholderEquity, last quarter 2.65b)
Debt / EBITDA = 0.77 (Net Debt 608.4m / EBITDA 794.4m)
Debt / FCF = 1.11 (Net Debt 608.4m / FCF TTM 546.2m)
Total Stockholder Equity = 2.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.91% (Net Income 645.5m / Total Assets 3.96b)
RoE = 26.22% (Net Income TTM 645.5m / Total Stockholder Equity 2.46b)
RoCE = 19.53% (EBIT 599.9m / Capital Employed (Equity 2.46b + L.T.Debt 610.4m))
RoIC = 17.64% (NOPAT 599.4m / Invested Capital 3.40b)
WACC = 5.93% (E(4.68b)/V(5.64b) * Re(6.06%) + D(961.0m)/V(5.64b) * Rd(5.29%) * (1-Tc(0.00)))
Discount Rate = 6.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -69.05 | Cagr: -0.33%
[DCF] Terminal Value 73.10% ; FCFF base≈614.5m ; Y1≈538.9m ; Y5≈435.4m
[DCF] Fair Price = 12.77 (EV 6.99b - Net Debt 608.4m = Equity 6.38b / Shares 499.8m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -73.41 | EPS CAGR: -26.61% | SUE: 2.32 | # QB: 2
Revenue Correlation: -61.29 | Revenue CAGR: -10.47% | SUE: 0.70 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.26 | Chg30d=+85.71% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.32 | Chg30d=+69.23% | Revisions=+25% | GrowthEPS=+90.6% | GrowthRev=+27.2%
EPS next Year (2027-12-31): EPS=0.68 | Chg30d=+6.25% | Revisions=+25% | GrowthEPS=-48.5% | GrowthRev=-30.3%