Overview Dividends

(HAFN) Hafnia - Ratings and Ratios

Exchange: NYSE • Country: Singapore • Currency: USD • Type: Common Stock • ISIN: SGXZ53070850

Tankers, Chartering, Logistics, Shipping

HAFN EPS (Earnings per Share)

EPS Growth (3Y CAGR): -62.74%
EPS Trend (3Y Correlation): -82.2%

HAFN Revenue

Revenue Growth (3Y CAGR): 5.41%
Revenue Trend (3Y Correlation): 25.4%

Description: HAFN Hafnia November 09, 2025

Hafnia Limited (NYSE:HAFN) is a Singapore-based owner-operator of oil product tankers incorporated in Bermuda, managing a fleet of 207 vessels across Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty refined products, vegetable oils, and easy chemicals for national and international oil, chemical, trading, and utility firms, while also offering ship-owning, management, chartering, and agency services.

Key operational metrics indicate a total deadweight tonnage of roughly 1.5 million DWT, with an average vessel age of 9 years and a fleet utilization rate that typically hovers around 85 % in a market where spot charter rates for MR vessels have risen 12 % year-over-year (as of Q3 2024). Hafnia’s FY 2023 EBITDA margin was approximately 15 %, reflecting the premium pricing environment for clean product transport amid tightening global refined-product demand.

Sector drivers include rising demand for refined fuels in emerging markets, tighter environmental regulations that favor newer, lower-emission tankers, and the ongoing shift toward cleaner feedstocks such as vegetable oils. For a deeper quantitative view of Hafnia’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent data dashboard worth checking.

HAFN Stock Overview

Market Cap in USD	3,167m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception	2020-06-18

HAFN Stock Ratings

Growth Rating	74.1%
Fundamental	79.7%
Dividend Rating	75.9%
Return 12m vs S&P 500	8.45%
Analyst Rating	5.0 of 5

HAFN Dividends

Dividend Yield 12m	10.21%
Yield on Cost 5y	29.90%
Annual Growth 5y	89.64%
Payout Consistency	67.5%
Payout Ratio	1.6%

HAFN Growth Ratios

Growth Correlation 3m	45.7%
Growth Correlation 12m	64.3%
Growth Correlation 5y	35.9%
CAGR 5y	53.22%
CAGR/Max DD 3y (Calmar Ratio)	1.00
CAGR/Mean DD 3y (Pain Ratio)	3.05
Sharpe Ratio 12m	-0.10
Alpha	20.50
Beta	-0.174
Volatility	36.87%
Current Volume	1800.9k
Average Volume 20d	812.4k
Stop Loss	5.9 (-4.5%)
Signal	-0.39

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (433.8m TTM) > 0 and > 6% of Revenue (6% = 141.8m TTM)

FCFTA 0.20 (>2.0%) and ΔFCFTA -4.00pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 6.43% (prev 11.98%; Δ -5.55pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.22 (>3.0%) and CFO 806.2m > Net Income 433.8m (YES >=105%, WARN >=100%)

Net Debt (832.7m) to EBITDA (677.9m) ratio: 1.23 <= 3.0 (WARN <= 3.5)

Current Ratio 1.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (504.0m) change vs 12m ago -2.11% (target <= -2.0% for YES)

Gross Margin 24.50% (prev 32.03%; Δ -7.53pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 62.25% (prev 70.40%; Δ -8.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 9.33 (EBITDA TTM 677.9m / Interest Expense TTM 50.4m) >= 6 (WARN >= 3)

Altman Z'' 3.62

(A) 0.04 = (Total Current Assets 890.4m - Total Current Liabilities 738.4m) / Total Assets 3.67b

(B) 0.21 = Retained Earnings (Balance) 778.5m / Total Assets 3.67b

(D) 1.73 = Book Value of Equity 2.37b / Total Liabilities 1.37b

Total Rating: 3.62 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 79.68

1. Piotroski 6.50pt = 1.50

2. FCF Yield 17.92% = 5.0

3. FCF Margin 30.34% = 7.50

4. Debt/Equity 0.45 = 2.40

5. Debt/Ebitda 1.23 = 1.42

6. ROIC - WACC (= 11.49)% = 12.50

7. RoE 18.74% = 1.56

8. Rev. Trend 25.41% = 1.91

9. EPS Trend -82.19% = -4.11

What is the price of HAFN shares?

As of November 09, 2025, the stock is trading at USD 6.18 with a total of 1,800,861 shares traded.
Over the past week, the price has changed by -2.83%, over one month by +3.34%, over three months by +11.92% and over the past year by +23.65%.

Is Hafnia a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Hafnia (NYSE:HAFN) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 79.68 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HAFN is around 7.49 USD . This means that HAFN is currently undervalued and has a potential upside of +21.2% (Margin of Safety).

Is HAFN a buy, sell or hold?

Hafnia has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy HAFN.

Strong Buy: 2
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the HAFN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	8.8	41.6%
Analysts Target Price	8.8	41.6%
ValueRay Target Price	8	30.1%

HAFN Fundamental Data Overview November 04, 2025

Market Cap USD = 3.17b (3.17b USD * 1.0 USD.USD)
P/E Trailing = 7.5714
P/E Forward = 10.0301
P/S = 1.3451
P/B = 1.34
Beta = -0.174
Revenue TTM = 2.36b USD
EBIT TTM = 470.4m USD
EBITDA TTM = 677.9m USD
Long Term Debt = 239.0m USD (from longTermDebt, last quarter)
Short Term Debt = 395.6m USD (from shortTermDebt, last quarter)
Debt = 1.03b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 832.7m USD (from netDebt column, last quarter)
Enterprise Value = 4.00b USD (3.17b + Debt 1.03b - CCE 194.0m)
Interest Coverage Ratio = 9.33 (Ebit TTM 470.4m / Interest Expense TTM 50.4m)
FCF Yield = 17.92% (FCF TTM 717.0m / Enterprise Value 4.00b)
FCF Margin = 30.34% (FCF TTM 717.0m / Revenue TTM 2.36b)
Net Margin = 18.36% (Net Income TTM 433.8m / Revenue TTM 2.36b)
Gross Margin = 24.50% ((Revenue TTM 2.36b - Cost of Revenue TTM 1.78b) / Revenue TTM)
Gross Margin QoQ = 18.63% (prev 16.86%)
Tobins Q-Ratio = 1.09 (Enterprise Value 4.00b / Total Assets 3.67b)
Interest Expense / Debt = 1.24% (Interest Expense 12.7m / Debt 1.03b)
Taxrate = 3.41% (2.66m / 78.0m)
NOPAT = 454.4m (EBIT 470.4m * (1 - 3.41%))
Current Ratio = 1.21 (Total Current Assets 890.4m / Total Current Liabilities 738.4m)
Debt / Equity = 0.45 (Debt 1.03b / totalStockholderEquity, last quarter 2.30b)
Debt / EBITDA = 1.23 (Net Debt 832.7m / EBITDA 677.9m)
Debt / FCF = 1.16 (Net Debt 832.7m / FCF TTM 717.0m)
Total Stockholder Equity = 2.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.82% (Net Income 433.8m / Total Assets 3.67b)
RoE = 18.74% (Net Income TTM 433.8m / Total Stockholder Equity 2.32b)
RoCE = 18.42% (EBIT 470.4m / Capital Employed (Equity 2.32b + L.T.Debt 239.0m))
RoIC = 15.84% (NOPAT 454.4m / Invested Capital 2.87b)
WACC = 4.35% (E(3.17b)/V(4.19b) * Re(5.37%) + D(1.03b)/V(4.19b) * Rd(1.24%) * (1-Tc(0.03)))
Discount Rate = 5.37% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.46%
[DCF Debug] Terminal Value 79.01% ; FCFE base≈799.5m ; Y1≈840.7m ; Y5≈986.3m
Fair Price DCF = 34.72 (DCF Value 17.29b / Shares Outstanding 498.0m; 5y FCF grow 5.59% → 3.0% )
EPS Correlation: -82.19 | EPS CAGR: -62.74% | SUE: -4.0 | # QB: 0
Revenue Correlation: 25.41 | Revenue CAGR: 5.41% | SUE: N/A | # QB: 0

Additional Sources for HAFN Stock

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Fund Manager Positions: Dataroma | Stockcircle