Analyzing Hafnia (HAFN) & Its Rivals

Hafnia (NYSE:HAFN) is one of 1,051 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it contrast to its rivals? We will compare Hafnia to similar companies based on the strength of its risk, valuation, dividends, earnings, profitability, institutional ownership and analyst recommendations.

Institutional & Insider Ownership

30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by institutional investors. 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Dividends

Hafnia pays an annual dividend of $2.00 per share and has a dividend yield of 21.4%. Hafnia pays out 151.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil, Gas & Consumable Fuels” companies pay a dividend yield of 9.2% and pay out -131.6% of their earnings in the form of a dividend.

Risk & Volatility

Hafnia has a beta of 0.46, indicating that its stock price is 54% less volatile than the S&P 500. Comparatively, Hafnia’s rivals have a beta of -3.72, indicating that their average stock price is 472% less volatile than the S&P 500.

Profitability

This table compares Hafnia and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hafnia	56.72%	26.74%	17.14%
Hafnia Competitors	-457.98%	19.26%	6.33%

Earnings & Valuation

This table compares Hafnia and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hafnia	$955.87 million	$339.68 million	7.09
Hafnia Competitors	$10.86 billion	$5.51 billion	-0.80

Hafnia’s rivals have higher revenue and earnings than Hafnia. Hafnia is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Hafnia and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hafnia	0	1	3	1	3.00
Hafnia Competitors	5981	26989	40848	2423	2.52

Hafnia currently has a consensus price target of $12.00, indicating a potential upside of 28.14%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 28.97%. Given Hafnia’s rivals higher probable upside, analysts plainly believe Hafnia has less favorable growth aspects than its rivals.

Summary

Hafnia beats its rivals on 9 of the 15 factors compared.

About Hafnia

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.