Hafnia (NYSE:HAFN – Get Free Report) is one of 38 public companies in the “Transportation services” industry, but how does it weigh in compared to its competitors? We will compare Hafnia to similar businesses based on the strength of its earnings, risk, dividends, analyst recommendations, institutional ownership, profitability and valuation.
Dividends
Hafnia pays an annual dividend of $1.62 per share and has a dividend yield of 29.6%. Hafnia pays out 103.2% 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, “Transportation services” companies pay a dividend yield of 0.7% and pay out 24.6% of their earnings in the form of a dividend.
Insider and Institutional Ownership
64.0% of shares of all “Transportation services” companies are owned by institutional investors. 11.6% of shares of all “Transportation services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Valuation and Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
Hafnia | $1.92 billion | $793.28 million | 3.48 |
Hafnia Competitors | $3.62 billion | $293.71 million | -4,972.57 |
Hafnia’s competitors have higher revenue, but lower earnings than Hafnia. Hafnia is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Analyst Recommendations
This is a breakdown of current ratings for Hafnia and its competitors, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Hafnia | 0 | 0 | 1 | 0 | 3.00 |
Hafnia Competitors | 136 | 1093 | 2083 | 38 | 2.60 |
Hafnia presently has a consensus price target of $10.00, suggesting a potential upside of 82.82%. As a group, “Transportation services” companies have a potential downside of 4.96%. Given Hafnia’s stronger consensus rating and higher possible upside, research analysts plainly believe Hafnia is more favorable than its competitors.
Profitability
This table compares Hafnia and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Hafnia | 47.30% | 34.28% | 20.51% |
Hafnia Competitors | -1,901.90% | -1,220.61% | -6.59% |
Summary
Hafnia beats its competitors on 9 of the 14 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.
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