1.70%
-7.57%
-6.85%
-30.12%
-23.81%
255.40%
161.35%
AI Spotlight on HAFNI
Company Description
Hafnia Limited owns and operates oil product tankers.The company operates through four segments: Long Range II (LR2), Long Range I (LR1), Medium Range (MR), and Handy size (Handy).It transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies.
The company provides ship owning, ship-management, chartering, investment, and agency office services.As of March 29, 2022, it operated a fleet of 237 vessels, including newbuilds, of which 145 are owned or chartered-in, including 10 owned LR2s, 40 owned and chartered-in LR1s, 58 owned and chartered-in MRs, and 29 owned Handy and eight stainless steel 25K vessels.The company is based in Hamilton, Bermuda.
Hafnia Limited is a subsidiary of BW Group Limited.
Market Data
| Last Price | 59.85 |
| Change Percentage | 1.70% |
| Open | 59.9 |
| Previous Close | 58.85 |
| Market Cap ( Millions) | 30520 |
| Volume | 1085612 |
| Year High | 93.8 |
| Year Low | 56.15 |
| M A 50 | 61.08 |
| M A 200 | 75.34 |
Financial Ratios
| FCF Yield | 34.46% |
| Dividend Yield | 25.92% |
| ROE | 36.65% |
| Debt / Equity | 44.81% |
| Net Debt / EBIDTA | 77.98% |
| Price To Book | 1.11 |
| Price Earnings Ratio | 3.12 |
| Price To FCF | 2.9 |
| Price To sales | 0.88 |
| EV / EBITDA | 3.15 |
News
- Jan -27 - HAFNIA LIMITED: Share Buyback Program Finalized
- Jan -27 - HAFNIA LIMITED: Transactions Made Under Share Buyback Program
- Jan -21 - HAFNIA LIMITED: Mandatory Notification of Trade by Primary Insider
- Jan -20 - HAFNIA LIMITED: Transactions Made Under Share Buyback Program
- Jan -13 - HAFNIA LIMITED: Transactions Made Under Share Buyback Program
- Jan -06 - Shipping: State of Play & What Lies Ahead
- Dec -23 - HAFNIA LIMITED: Update on Share Buyback Program
- Dec -18 - HAFNIA LIMITED: Mandatory Notification of Trade by Primary Insider
- Dec -16 - HAFNIA LIMITED: Transactions made under share buyback program
- Dec -09 - HAFNIA LIMITED: Transactions made under share buyback program
- Dec -05 - HAFNIA LIMITED: Ex Dividend USD 0.3790 on the Oslo Stock Exchange Today
- Dec -02 - HAFNIA LIMITED: Launch of Share Buy-Back Program
- Nov -27 - HAFNIA LIMITED: Key information relating to dividend for the third quarter 2024
- Nov -27 - Hafnia Limited Announces Financial Results for the Three and Nine Months Ended September 30, 2024
- Nov -26 - UPDATE – Capital Link Shipping Sectors Webinar Series - December 2024 - Dry Bulk, Container, Product Tanker, Crude Tanker, LPG, LNG Shipping
- Nov -22 - Hafnia’s Q3 2024 Financial Results Presentation to Be Held on 27 November 2024
- Oct -24 - Dark Fleet Oil Tanker Caught in Recent Collision Heads to China
- Oct -24 - Dark Fleet Oil Tanker Caught in Recent Collision Heads to China
- Oct -02 - HAFNIA LIMITED: Key information relating to change of ISIN and CUSIP
- Oct -01 - HAFNIA LIMITED: Successful Completion of the Redomiciliation to Singapore
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Medium Range
Expected Growth : 4.83 %
What the company do ?
Hafnia Limited's Medium Range segment refers to the transportation of petroleum products, such as gasoline, diesel, and jet fuel, over medium distances, typically between 1,000 to 5,000 miles.
Why we expect these perspectives ?
Hafnia Limited's 4.83% medium-range growth is driven by increasing demand for chemical transportation, strategic partnerships, and expansion into new markets. Additionally, the company's focus on operational efficiency, cost savings, and investment in digitalization are expected to contribute to its growth momentum.
Segment n°2 -> Long Range 1
Expected Growth : 4.83 %
What the company do ?
The Long Range 1 from Hafnia Limited is a type of tanker ship designed for transporting large quantities of oil and petroleum products over long distances.
Why we expect these perspectives ?
Hafnia Limited's Long Range 1 segment growth of 4.83% is driven by increasing demand for chemical transportation, expansion into new markets, and a growing fleet size. Additionally, the company's focus on operational efficiency, cost savings, and strategic partnerships contribute to its long-term growth prospects.
Segment n°3 -> Handy
Expected Growth : 10.43 %
What the company do ?
Handy from Hafnia Limited is a digital platform offering a range of home maintenance and repair services, connecting customers with trusted professionals.
Why we expect these perspectives ?
Handy's 10.43% growth is driven by increasing demand for eco-friendly and sustainable product offerings, expansion into new markets, and strategic partnerships. Additionally, the company's focus on digitalization and operational efficiency has led to cost savings and improved profitability. Furthermore, Handy's strong brand reputation and customer loyalty have contributed to its revenue growth.
Segment n°4 -> Long Range 2
Expected Growth : 4.83 %
What the company do ?
The Long Range 2 (LR2) from Hafnia Limited is a type of oil tanker designed for transporting large quantities of crude oil over long distances.
Why we expect these perspectives ?
Hafnia Limited's Long Range 2 segment growth of 4.83% is driven by increasing global demand for chemical transportation, expansion into emerging markets, and a growing focus on sustainable shipping practices. Additionally, the company's modern fleet and operational efficiencies contribute to its strong growth prospects.
Segment n°5 -> Specialized
Expected Growth : 4.83 %
What the company do ?
Hafnia Limited's Specialized segment provides transportation services for chemical and oil products, offering tailored solutions for complex cargo transportation needs.
Why we expect these perspectives ?
Hafnia Limited's 4.83% growth is driven by increasing demand for specialized tanker services, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on operational efficiency, cost savings, and strong relationships with customers have contributed to its growth. Furthermore, the rising global trade and increasing need for energy transportation have also fueled the company's growth.
Segment n°6 -> Chemical-Stainless
Expected Growth : 4.83 %
What the company do ?
Chemical-Stainless from Hafnia Limited is a high-alloy stainless steel grade offering excellent corrosion resistance and durability in harsh environments.
Why we expect these perspectives ?
The 4.83% growth of Chemical-Stainless from Hafnia Limited is driven by increasing demand from the food processing and construction industries, coupled with rising prices of nickel and chromium. Additionally, the company's strategic expansion into emerging markets and investments in process optimization have contributed to the segment's growth.
Hafnia Limited Products
| Product Range | What is it ? |
|---|---|
| Marine Transportation | Hafnia Limited provides marine transportation services for the transportation of petroleum products, including crude oil, refined petroleum products, and liquefied petroleum gases. |
| Ship Management | Hafnia Limited offers ship management services, including technical management, crew management, and commercial management. |
| Freight Forwarding | Hafnia Limited provides freight forwarding services, including chartering, brokerage, and logistics services. |
| Bunker Supply | Hafnia Limited supplies bunkers (marine fuels) to ships in ports around the world. |
| Ship Agency | Hafnia Limited provides ship agency services, including port agency, husbandry, and protective agency services. |
Hafnia Limited's Porter Forces
Threat Of Substitutes
Hafnia Limited operates in a niche market with limited substitutes, but there are some alternatives available to customers.
Bargaining Power Of Customers
Hafnia Limited has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Hafnia Limited has a moderate level of dependence on its suppliers, but it has implemented strategies to mitigate this risk.
Threat Of New Entrants
Hafnia Limited operates in a market with high barriers to entry, making it difficult for new entrants to join the market.
Intensity Of Rivalry
Hafnia Limited operates in a highly competitive market with several established players, leading to intense rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 36.71% |
| Debt Cost | 4.37% |
| Equity Weight | 63.29% |
| Equity Cost | 4.37% |
| WACC | 4.37% |
| Leverage | 58.01% |
Hafnia Limited : Quality Control
Hafnia Limited passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ASC | Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical … |
| KEX | Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank … |
| GOGL | Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk … |
| MATX | Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, … |
| BWLPG.OL | BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through two segments, Very Large Gas Carriers (VLGCs) and Product Services. It is … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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BW LPG
A-Score
1-Year Total Return ->
🥈
Hafnia
A-Score
1-Year Total Return ->
🥉
Golden Ocean
A-Score
1-Year Total Return ->
4
Ardmore Shipping
A-Score
1-Year Total Return ->
5
Matson
A-Score
1-Year Total Return ->
6
