(HSHP) Himalaya Shipping - Overview
Exchange: NYSE •
Country: Bermuda •
Currency: USD •
Type: Common Stock •
ISIN: BMG4660A1036
Stock: Dry Bulk, Cargo, Vessel, Fleet
Total Rating 53
Risk 72
Buy Signal 0.36
Dividends
| Dividend Yield | 7.37% |
| Yield on Cost 5y | 16.11% |
| Yield CAGR 5y | 18.54% |
| Payout Consistency | 100.0% |
| Payout Ratio | 4.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 40.5% |
| Relative Tail Risk | -0.01% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.28 |
| Alpha | 124.27 |
| Character TTM | |
|---|---|
| Beta | 0.790 |
| Beta Downside | 1.141 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.45% |
| CAGR/Max DD | 0.71 |
Description: HSHP Himalaya Shipping January 01, 2026
Himalaya Shipping Ltd. (NYSE:HSHP) operates a fleet of 12 Newcastlemax dry-bulk vessels (≈210,000 dwt each) providing worldwide transport for commodity traders, energy-transition players, and multimodal logistics firms. Incorporated in 2021 and headquartered in Hamilton, Bermuda, the company focuses exclusively on the dry-bulk segment.
Key industry metrics that shape HSHP’s outlook include the Baltic Dry Index (BDI), which has hovered around 1,800 points in Q4 2024, indicating strong demand for bulk carriers, and average Newcastlemax spot charter rates that have risen to roughly $30,000 per day-a 12% YoY increase. Additionally, fleet utilization for comparable operators sits near 95%, suggesting limited excess capacity and upward pressure on freight rates.
For a deeper quantitative dive, explore the HSHP profile on ValueRay to see the latest financial models and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 5.25m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 36.72 > 1.0 |
| NWC/Revenue: 0.17% < 20% (prev -4.09%; Δ 4.25% < -1%) |
| CFO/TA 0.04 > 3% & CFO 37.4m > Net Income 5.25m |
| Net Debt (669.0m) to EBITDA (86.4m): 7.74 < 3 |
| Current Ratio: 1.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.2m) vs 12m ago 3.05% < -2% |
| Gross Margin: 63.16% > 18% (prev 0.60%; Δ 6256 % > 0.5%) |
| Asset Turnover: 13.60% > 50% (prev 12.61%; Δ 0.99% > 0%) |
| Interest Coverage Ratio: 1.10 > 6 (EBITDA TTM 86.4m / Interest Expense TTM 52.0m) |
Altman Z'' 0.63
| A: 0.00 (Total Current Assets 33.8m - Total Current Liabilities 33.6m) / Total Assets 865.3m |
| B: 0.03 (Retained Earnings 23.8m / Total Assets 865.3m) |
| C: 0.07 (EBIT TTM 57.2m / Avg Total Assets 877.8m) |
| D: 0.10 (Book Value of Equity 70.4m / Total Liabilities 705.2m) |
| Altman-Z'' Score: 0.63 = B |
Beneish M -3.39
| DSRI: 0.37 (Receivables 500.0k/1.28m, Revenue 119.4m/112.3m) |
| GMI: 0.95 (GM 63.16% / 60.19%) |
| AQI: 1.32 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 1.06 (Revenue 119.4m / 112.3m) |
| TATA: -0.04 (NI 5.25m - CFO 37.4m) / TA 865.3m) |
| Beneish M-Score: -3.39 (Cap -4..+1) = AA |
What is the price of HSHP shares?
As of February 08, 2026, the stock is trading at USD 10.48 with a total of 152,819 shares traded.
Over the past week, the price has changed by -3.50%, over one month by +15.71%, over three months by +41.20% and over the past year by +140.49%.
Over the past week, the price has changed by -3.50%, over one month by +15.71%, over three months by +41.20% and over the past year by +140.49%.
Is HSHP a buy, sell or hold?
Himalaya Shipping has received a consensus analysts rating of 4.00.
Therefore, it is recommended to buy HSHP.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the HSHP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 11.4 | 8.8% |
| Analysts Target Price | 11.4 | 8.8% |
| ValueRay Target Price | 13.3 | 26.7% |
HSHP Fundamental Data Overview February 03, 2026
P/E Trailing = 90.5
P/E Forward = 8.3126
P/S = 4.3228
P/B = 3.0216
Revenue TTM = 119.4m USD
EBIT TTM = 57.2m USD
EBITDA TTM = 86.4m USD
Long Term Debt = 671.6m USD (from longTermDebt, last quarter)
Short Term Debt = 23.8m USD (from shortTermDebt, last quarter)
Debt = 695.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 669.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.19b USD (516.1m + Debt 695.4m - CCE 26.4m)
Interest Coverage Ratio = 1.10 (Ebit TTM 57.2m / Interest Expense TTM 52.0m)
EV/FCF = 31.68x (Enterprise Value 1.19b / FCF TTM 37.4m)
FCF Yield = 3.16% (FCF TTM 37.4m / Enterprise Value 1.19b)
FCF Margin = 31.34% (FCF TTM 37.4m / Revenue TTM 119.4m)
Net Margin = 4.39% (Net Income TTM 5.25m / Revenue TTM 119.4m)
Gross Margin = 63.16% ((Revenue TTM 119.4m - Cost of Revenue TTM 44.0m) / Revenue TTM)
Gross Margin QoQ = 80.21% (prev 50.50%)
Tobins Q-Ratio = 1.37 (Enterprise Value 1.19b / Total Assets 865.3m)
Interest Expense / Debt = 1.86% (Interest Expense 12.9m / Debt 695.4m)
Taxrate = 0.0% (0.0 / 9.50m)
NOPAT = 57.2m (EBIT 57.2m * (1 - 0.00%))
Current Ratio = 1.01 (Total Current Assets 33.8m / Total Current Liabilities 33.6m)
Debt / Equity = 4.34 (Debt 695.4m / totalStockholderEquity, last quarter 160.1m)
Debt / EBITDA = 7.74 (Net Debt 669.0m / EBITDA 86.4m)
Debt / FCF = 17.88 (Net Debt 669.0m / FCF TTM 37.4m)
Total Stockholder Equity = 159.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.60% (Net Income 5.25m / Total Assets 865.3m)
RoE = 3.30% (Net Income TTM 5.25m / Total Stockholder Equity 159.2m)
RoCE = 6.89% (EBIT 57.2m / Capital Employed (Equity 159.2m + L.T.Debt 671.6m))
RoIC = 6.62% (NOPAT 57.2m / Invested Capital 863.8m)
WACC = 4.83% (E(516.1m)/V(1.21b) * Re(8.83%) + D(695.4m)/V(1.21b) * Rd(1.86%) * (1-Tc(0.0)))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 1.51%
[DCF Debug] Terminal Value 81.55% ; FCFF base≈37.4m ; Y1≈25.7m ; Y5≈12.8m
Fair Price DCF = N/A (negative equity: EV 404.7m - Net Debt 669.0m = -264.3m; debt exceeds intrinsic value)
EPS Correlation: 36.79 | EPS CAGR: 26.15% | SUE: -0.28 | # QB: 0
Revenue Correlation: 80.58 | Revenue CAGR: 148.6% | SUE: N/A | # QB: 0
P/E Forward = 8.3126
P/S = 4.3228
P/B = 3.0216
Revenue TTM = 119.4m USD
EBIT TTM = 57.2m USD
EBITDA TTM = 86.4m USD
Long Term Debt = 671.6m USD (from longTermDebt, last quarter)
Short Term Debt = 23.8m USD (from shortTermDebt, last quarter)
Debt = 695.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 669.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.19b USD (516.1m + Debt 695.4m - CCE 26.4m)
Interest Coverage Ratio = 1.10 (Ebit TTM 57.2m / Interest Expense TTM 52.0m)
EV/FCF = 31.68x (Enterprise Value 1.19b / FCF TTM 37.4m)
FCF Yield = 3.16% (FCF TTM 37.4m / Enterprise Value 1.19b)
FCF Margin = 31.34% (FCF TTM 37.4m / Revenue TTM 119.4m)
Net Margin = 4.39% (Net Income TTM 5.25m / Revenue TTM 119.4m)
Gross Margin = 63.16% ((Revenue TTM 119.4m - Cost of Revenue TTM 44.0m) / Revenue TTM)
Gross Margin QoQ = 80.21% (prev 50.50%)
Tobins Q-Ratio = 1.37 (Enterprise Value 1.19b / Total Assets 865.3m)
Interest Expense / Debt = 1.86% (Interest Expense 12.9m / Debt 695.4m)
Taxrate = 0.0% (0.0 / 9.50m)
NOPAT = 57.2m (EBIT 57.2m * (1 - 0.00%))
Current Ratio = 1.01 (Total Current Assets 33.8m / Total Current Liabilities 33.6m)
Debt / Equity = 4.34 (Debt 695.4m / totalStockholderEquity, last quarter 160.1m)
Debt / EBITDA = 7.74 (Net Debt 669.0m / EBITDA 86.4m)
Debt / FCF = 17.88 (Net Debt 669.0m / FCF TTM 37.4m)
Total Stockholder Equity = 159.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.60% (Net Income 5.25m / Total Assets 865.3m)
RoE = 3.30% (Net Income TTM 5.25m / Total Stockholder Equity 159.2m)
RoCE = 6.89% (EBIT 57.2m / Capital Employed (Equity 159.2m + L.T.Debt 671.6m))
RoIC = 6.62% (NOPAT 57.2m / Invested Capital 863.8m)
WACC = 4.83% (E(516.1m)/V(1.21b) * Re(8.83%) + D(695.4m)/V(1.21b) * Rd(1.86%) * (1-Tc(0.0)))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 1.51%
[DCF Debug] Terminal Value 81.55% ; FCFF base≈37.4m ; Y1≈25.7m ; Y5≈12.8m
Fair Price DCF = N/A (negative equity: EV 404.7m - Net Debt 669.0m = -264.3m; debt exceeds intrinsic value)
EPS Correlation: 36.79 | EPS CAGR: 26.15% | SUE: -0.28 | # QB: 0
Revenue Correlation: 80.58 | Revenue CAGR: 148.6% | SUE: N/A | # QB: 0