(HAUTO) Hoegh Autoliners ASA - OL
Sector: Industrials | Industry: Marine Shipping | Exchange: OL (Norway) | Market Cap: 29.417m NOK | Total Return: 87.2% in 12m
Avg Turnover: 52.2M
EPS Trend: -24.5%
Qual. Beats: 0
Rev. Trend: 39.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader
Höegh Autoliners ASA is a Norway-based maritime provider specializing in roll-on roll-off (RoRo) ocean transportation. The company operates a fleet of approximately 40 vessels, serving global markets for automobiles, heavy machinery, and breakbulk cargo. Its business model integrates ocean shipping with logistics services, including terminal management and equipment handling.
The company functions within the specialized RoRo segment of the marine transportation industry, which utilizes vessels with built-in ramps to allow wheeled cargo to be driven on and off. This sector is characterized by high capital intensity and high barriers to entry due to the technical requirements of transporting oversized industrial equipment and high-value vehicles.
Operations are divided into Shipping Services and Logistics Services, catering to original equipment manufacturers (OEMs) in the automotive, construction, and agricultural sectors. Beyond transport, Höegh manages ship owning, crewing, and the procurement of new vessels through specialized shipbuilding contracts.
- Aurora Class vessel deliveries drive capacity growth and fuel efficiency
- High and heavy cargo mix expansion improves freight margins
- Global vehicle trade volume fluctuations impact RoRo fleet utilization
- Dividend payout ratio and capital return policy influence investor yield
| Net Income: 466.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -0.02 > 1.0 |
| NWC/Revenue: 18.31% < 20% (prev 12.78%; Δ 5.53% < -1%) |
| CFO/TA 0.44 > 3% & CFO 1.04b > Net Income 466.2m |
| Net Debt (-273.2m) to EBITDA (619.2m): -0.44 < 3 |
| Current Ratio: 2.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (190.8m) vs 12m ago -0.07% < -2% |
| Gross Margin: 37.01% > 18% (prev 41.83%; Δ -4.82% > 0.5%) |
| Asset Turnover: 64.99% > 50% (prev 65.24%; Δ -0.25% > 0%) |
| Interest Coverage Ratio: 13.75 > 6 (EBIT TTM 488.4m / Interest Expense TTM 35.5m) |
| A: 0.11 (Total Current Assets 476.7m - Total Current Liabilities 207.5m) / Total Assets 2.39b |
| B: 0.28 (Retained Earnings 672.0m / Total Assets 2.39b) |
| C: 0.22 (EBIT TTM 488.4m / Avg Total Assets 2.26b) |
| D: 1.15 (Book Value of Equity 1.28b / Total Liabilities 1.11b) |
| Altman-Z'' = 4.31 = AA |
| DSRI: 1.03 (Receivables 111.9m/103.1m, Revenue 1.47b/1.39b) |
| GMI: 1.13 (GM 41.83% / 37.01%) |
| AQI: 0.68 (AQ_t 0.00 / AQ_t-1 0.01) |
| SGI: 1.06 (Revenue 1.47b / 1.39b) |
| TATA: -0.24 (NI 466.2m - CFO 1.04b) / TA 2.39b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of June 20, 2026, the stock is trading at NOK 146.30 with a total of 621,234 shares traded.
Over the past week, the price has changed by -9.19%,
over one month by +2.31%,
over three months by +10.68% and
over the past year by +87.19%.
Hoegh Autoliners ASA has no consensus analysts rating.
Market Cap USD = 3.09b (29.4b NOK * 0.1052 NOK.USD)
P/E Trailing = 6.7102
P/E Forward = 8.1633
P/S = 20.2009
P/B = 2.3922
Revenue TTM = 1.47b USD
EBIT TTM = 488.4m USD
EBITDA TTM = 619.2m USD
Long Term Debt = 888.9m USD (from longTermDebt, last quarter)
Short Term Debt = 59.4m USD (from shortLongTermDebt, last quarter)
Debt = 20.6m USD (Leases only: 20.6m)
Net Debt = -273.2m USD (calculated: Debt 20.6m - CCE 293.8m)
Enterprise Value = 2.82b USD (3.09b + Debt 20.6m - CCE 293.8m)
Interest Coverage Ratio = 13.75 (Ebit TTM 488.4m / Interest Expense TTM 35.5m)
EV/FCF = 10.51x (Enterprise Value 2.82b / FCF TTM 268.4m)
FCF Yield = 9.51% (FCF TTM 268.4m / Enterprise Value 2.82b)
FCF Margin = 18.26% (FCF TTM 268.4m / Revenue TTM 1.47b)
Net Margin = 31.71% (Net Income TTM 466.2m / Revenue TTM 1.47b)
Gross Margin = 37.01% ((Revenue TTM 1.47b - Cost of Revenue TTM 926.1m) / Revenue TTM)
Gross Margin QoQ = 33.51% (prev 42.23%)
Tobins Q-Ratio = 1.18 (Enterprise Value 2.82b / Total Assets 2.39b)
Interest Expense / Debt = 172.5% (Interest Expense 35.5m / Debt 20.6m)
Taxrate = 0.04% (201k / 466.4m)
NOPAT = 488.2m (EBIT 488.4m * (1 - 0.04%))
Current Ratio = 2.30 (Total Current Assets 476.7m / Total Current Liabilities 207.5m)
Debt / Equity = 0.02 (Debt 20.6m / totalStockholderEquity, last quarter 1.28b)
Debt / EBITDA = -0.44 (Net Debt -273.2m / EBITDA 619.2m)
Debt / FCF = -1.02 (Net Debt -273.2m / FCF TTM 268.4m)
Total Stockholder Equity = 1.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.61% (Net Income 466.2m / Total Assets 2.39b)
RoE = 37.50% (Net Income TTM 466.2m / Total Stockholder Equity 1.24b)
RoCE = 22.91% (EBIT 488.4m / Capital Employed (Equity 1.24b + L.T.Debt 888.9m))
RoIC = 23.12% (NOPAT 488.2m / Invested Capital 2.11b)
WACC = 6.86% (E(3.09b)/V(3.12b) * Re(6.91%) + (debt cost/tax rate unavailable))
Discount Rate = 6.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: -0.00%
[DCF] Terminal Value 76.89% ; FCFF base≈256.8m ; Y1≈283.6m ; Y5≈363.3m
[DCF] Fair Price = 30.49 (EV 5.54b - Net Debt -273.2m = Equity 5.82b / Shares 190.8m; r=8.35% [WACC [floored]]; 5y FCF grow 12.08% → 2.50% )
EPS Correlation: -24.52 | EPS CAGR: -3.37% | SUE: -0.30 | # QB: 0
Revenue Correlation: 39.25 | Revenue CAGR: 1.02% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.38 | Chg30d=-27.74% | Revisions=-50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.54 | Chg30d=+6.12% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=2.00 | Chg30d=-0.83% | Revisions=+0% | GrowthEPS=-15.9% | GrowthRev=+1.9%
EPS next Year (2027-12-31): EPS=1.76 | Chg30d=+10.62% | Revisions=+25% | GrowthEPS=-11.7% | GrowthRev=-4.6%
[Analyst] Revisions Ratio: -50%