(HAFN) Hafnia - Overview

Sector: Industrials | Industry: Marine Shipping | Exchange: NYSE (USA) | Market Cap: 4.087m USD | Total Return: 115.3% in 12m

Tankers, Shipping, Logistics, Chemicals
Total Rating 58
Safety 44
Buy Signal 0.86
Marine Shipping
Industry Rotation: -11.2
Market Cap: 4.09B
Avg Turnover: 13.6M USD
ATR: 3.53%
Peers RS (IBD): 84.4
Risk 5d forecast
Volatility37.0%
Rel. Tail Risk-2.28%
Reward TTM
Sharpe Ratio2.47
Alpha103.58
Character TTM
Beta0.427
Beta Downside1.430
Drawdowns 3y
Max DD53.49%
CAGR/Max DD1.16
EPS (Earnings per Share) EPS (Earnings per Share) of HAFN over the last years for every Quarter: "2021-03": -0.0431, "2021-06": -0.0309, "2021-09": -0.0571, "2021-12": -0.0217, "2022-03": 0.0488, "2022-06": 0.3998, "2022-09": 0.5821, "2022-12": 0.5394, "2023-03": 0.504, "2023-06": 0.4203, "2023-09": 0.29, "2023-12": 0.3468, "2024-03": 0.4307, "2024-06": 0.5035, "2024-09": 0.4184, "2024-12": 0.1294, "2025-03": 0.1269, "2025-06": 0.15, "2025-09": 0.18, "2025-12": 0, "2026-03": 0,
EPS CAGR: -48.11%
EPS Trend: -85.2%
Last SUE: -2.61
Qual. Beats: 0
Revenue Revenue of HAFN over the last years for every Quarter: 2021-03: null, 2021-06: null, 2021-09: 189.5, 2021-12: 244.317, 2022-03: 267.331, 2022-06: 467.764, 2022-09: 522.379, 2022-12: 575.07, 2023-03: 597.106, 2023-06: 700.942, 2023-09: 650.767, 2023-12: 1164.794, 2024-03: 784.893, 2024-06: 831.162, 2024-09: 719.731, 2024-12: 532.861, 2025-03: 547.91, 2025-06: 554.155, 2025-09: 586.882, 2025-12: 593.241088, 2026-03: null,
Rev. CAGR: 23.68%
Rev. Trend: 34.8%
Last SUE: 2.39
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: HAFN Hafnia

Hafnia Limited is a Bermuda-based shipping company specializing in oil product tankers. The company operates a fleet of 207 vessels across various tanker sizes, including Long Range II, Long Range I, Medium Range (MR), and Handy size. Tanker companies like Hafnia transport refined petroleum products, vegetable oils, and certain chemicals globally.

Hafnias business model involves transporting these products for national and international oil and chemical companies, as well as trading and utility firms. Beyond vessel ownership and operation, the company provides ship management, investment, and chartering services. Further research on platforms like ValueRay can provide in-depth financial analysis.

Headlines to Watch Out For
  • Tanker demand rises with global oil consumption
  • Geopolitical events disrupt shipping routes, increasing rates
  • Fuel price volatility impacts operating costs
  • New environmental regulations force fleet upgrades
  • Global trade growth boosts refined product transport
Piotroski VR‑10 (Strict) 7.0
Net Income: 339.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA -14.61 > 1.0
NWC/Revenue: 12.81% < 20% (prev 8.38%; Δ 4.43% < -1%)
CFO/TA 0.15 > 3% & CFO 589.4m > Net Income 339.7m
Net Debt (946.2m) to EBITDA (567.3m): 1.67 < 3
Current Ratio: 1.53 > 1.5 & < 3
Outstanding Shares: last quarter (504.1m) vs 12m ago -2.13% < -2%
Gross Margin: 18.83% > 18% (prev 0.31%; Δ 1.85k% > 0.5%)
Asset Turnover: 60.48% > 50% (prev 76.80%; Δ -16.32% > 0%)
Interest Coverage Ratio: 7.15 > 6 (EBITDA TTM 567.3m / Interest Expense TTM 51.1m)
Altman Z'' 3.58
A: 0.08 (Total Current Assets 843.9m - Total Current Liabilities 551.6m) / Total Assets 3.81b
B: 0.22 (Retained Earnings 846.1m / Total Assets 3.81b)
C: 0.10 (EBIT TTM 365.2m / Avg Total Assets 3.77b)
D: 1.62 (Book Value of Equity 2.41b / Total Liabilities 1.48b)
Altman-Z'' Score: 3.58 = A
Beneish M -1.68
DSRI: 1.22 (Receivables 521.9m/536.5m, Revenue 2.28b/2.87b)
GMI: 1.67 (GM 18.83% / 31.45%)
AQI: 2.29 (AQ_t 0.12 / AQ_t-1 0.05)
SGI: 0.80 (Revenue 2.28b / 2.87b)
TATA: -0.07 (NI 339.7m - CFO 589.4m) / TA 3.81b)
Beneish M-Score: -1.68 (Cap -4..+1) = CCC
What is the price of HAFN shares? As of April 14, 2026, the stock is trading at USD 8.26 with a total of 915,062 shares traded.
Over the past week, the price has changed by +1.98%, over one month by +24.02%, over three months by +43.12% and over the past year by +115.26%.
Is HAFN a buy, sell or hold? 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
What are the forecasts/targets for the HAFN price?
Analysts Target Price 10 21.1%
Hafnia (HAFN) - Fundamental Data Overview as of 12 April 2026
P/E Trailing = 12.0597
P/E Forward = 5.8651
P/S = 1.791
P/B = 1.7764
Revenue TTM = 2.28b USD
EBIT TTM = 365.2m USD
EBITDA TTM = 567.3m USD
Long Term Debt = 555.8m USD (from longTermDebt, two quarters ago)
Short Term Debt = 192.3m USD (from shortTermDebt, last quarter)
Debt = 1.14b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 946.2m USD (from netDebt column, last quarter)
Enterprise Value = 5.03b USD (4.09b + Debt 1.14b - CCE 192.6m)
Interest Coverage Ratio = 7.15 (Ebit TTM 365.2m / Interest Expense TTM 51.1m)
EV/FCF = 11.34x (Enterprise Value 5.03b / FCF TTM 443.9m)
FCF Yield = 8.82% (FCF TTM 443.9m / Enterprise Value 5.03b)
FCF Margin = 19.45% (FCF TTM 443.9m / Revenue TTM 2.28b)
Net Margin = 14.89% (Net Income TTM 339.7m / Revenue TTM 2.28b)
Gross Margin = 18.83% ((Revenue TTM 2.28b - Cost of Revenue TTM 1.85b) / Revenue TTM)
Gross Margin QoQ = 20.31% (prev 19.38%)
Tobins Q-Ratio = 1.32 (Enterprise Value 5.03b / Total Assets 3.81b)
Interest Expense / Debt = 1.23% (Interest Expense 14.0m / Debt 1.14b)
Taxrate = 0.73% (2.57m / 352.2m)
NOPAT = 362.5m (EBIT 365.2m * (1 - 0.73%))
Current Ratio = 1.53 (Total Current Assets 843.9m / Total Current Liabilities 551.6m)
Debt / Equity = 0.49 (Debt 1.14b / totalStockholderEquity, last quarter 2.33b)
Debt / EBITDA = 1.67 (Net Debt 946.2m / EBITDA 567.3m)
Debt / FCF = 2.13 (Net Debt 946.2m / FCF TTM 443.9m)
Total Stockholder Equity = 2.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.00% (Net Income 339.7m / Total Assets 3.81b)
RoE = 14.70% (Net Income TTM 339.7m / Total Stockholder Equity 2.31b)
RoCE = 12.74% (EBIT 365.2m / Capital Employed (Equity 2.31b + L.T.Debt 555.8m))
RoIC = 12.40% (NOPAT 362.5m / Invested Capital 2.92b)
WACC = 6.12% (E(4.09b)/V(5.23b) * Re(7.48%) + D(1.14b)/V(5.23b) * Rd(1.23%) * (1-Tc(0.01)))
Discount Rate = 7.48% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -33.33 | Cagr: -0.49%
[DCF] Terminal Value 84.94% ; FCFF base≈658.6m ; Y1≈605.1m ; Y5≈541.9m
[DCF] Fair Price = 29.46 (EV 15.67b - Net Debt 946.2m = Equity 14.72b / Shares 499.8m; r=6.12% [WACC]; 5y FCF grow -10.20% → 3.0% )
EPS Correlation: -85.16 | EPS CAGR: -48.11% | SUE: -2.61 | # QB: 0
Revenue Correlation: 34.83 | Revenue CAGR: 23.68% | SUE: 2.39 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.18 | Chg7d=+0.010 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=0.78 | Chg7d=+0.030 | Chg30d=+0.030 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=+4.2%
EPS next Year (2027-12-31): EPS=0.64 | Chg7d=+0.070 | Chg30d=+0.070 | Revisions Net=+1 | Growth EPS=-17.9% | Growth Revenue=-12.2%
External Resources
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