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Hafnia Limited

OB:HAFNI Stock Report

Market Cap: NOK 26.8b

Hafnia (HAFNI) Stock Overview

Owns and operates oil product tankers in Bermuda. More details

HAFNI fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 80.4% below our estimate of its fair value

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 21.8%

Risk Analysis

Earnings are forecast to decline by an average of 17.2% per year for the next 3 years

Unstable dividend track record

Significant insider selling over the past 3 months


HAFNI Community Fair Values

Create Narrative

See what 57 others think this stock is worth. Follow their fair value or set your own to get alerts.

HAFNI logo
Hafnia
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 3 Analysts

Modern Tanker Renewal Will Shape Shipping Trends Despite Regulatory Risks

Key Takeaways Limited new tanker supply and rising demand support higher rates and margins, while Hafnia’s modern fleet enables strong growth and resilience. Investments in eco-efficient vessels, new ventures, and disciplined capital allocation enhance earnings stability, margins, and future profitability.
View narrative
NOK 65.50
FV
17.9% undervalued intrinsic discount
-42.56%
Revenue growth p.a.
1users have liked this narrative
1users have commented on this narrative
31users have followed this narrative
1 day ago author updated this narrative
View Hafnia Community

Hafnia Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hafnia
Historical stock prices
Current Share PriceNOK 53.78
52 Week HighNOK 88.40
52 Week LowNOK 36.02
Beta-0.12
1 Month Change-5.05%
3 Month Change24.72%
1 Year Change-35.44%
3 Year Change67.02%
5 Year Change252.89%
Change since IPO259.73%

Recent News & Updates

Why We Like The Returns At Hafnia (OB:HAFNI)

Jul 13
Why We Like The Returns At Hafnia (OB:HAFNI)

Recent updates

Why We Like The Returns At Hafnia (OB:HAFNI)

Jul 13
Why We Like The Returns At Hafnia (OB:HAFNI)

Improved Earnings Required Before Hafnia Limited (OB:HAFNI) Stock's 26% Jump Looks Justified

May 10
Improved Earnings Required Before Hafnia Limited (OB:HAFNI) Stock's 26% Jump Looks Justified

Is Hafnia (OB:HAFNI) A Risky Investment?

Apr 22
Is Hafnia (OB:HAFNI) A Risky Investment?

The Market Doesn't Like What It Sees From Hafnia Limited's (OB:HAFNI) Earnings Yet As Shares Tumble 25%

Mar 05
The Market Doesn't Like What It Sees From Hafnia Limited's (OB:HAFNI) Earnings Yet As Shares Tumble 25%
author-image

Relocating To Singapore Could Improve Shipping Efficiency, But Analysts Expect Earnings To Decline

Redomiciliation to Singapore strengthens Hafnia's strategic position and potentially enhances revenue through operational efficiencies.

Investors Shouldn't Overlook Hafnia's (OB:HAFNI) Impressive Returns On Capital

Jan 20
Investors Shouldn't Overlook Hafnia's (OB:HAFNI) Impressive Returns On Capital

Is Hafnia (OB:HAFNI) Using Too Much Debt?

Jan 03
Is Hafnia (OB:HAFNI) Using Too Much Debt?

Hafnia Limited's (OB:HAFNI) Earnings Are Not Doing Enough For Some Investors

Oct 28
Hafnia Limited's (OB:HAFNI) Earnings Are Not Doing Enough For Some Investors

Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital

Oct 07
Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital

We Think Shareholders Will Probably Be Generous With Hafnia Limited's (OB:HAFNI) CEO Compensation

Jul 04
We Think Shareholders Will Probably Be Generous With Hafnia Limited's (OB:HAFNI) CEO Compensation

Hafnia Limited's (OB:HAFNI) Share Price Is Matching Sentiment Around Its Earnings

Jun 21
Hafnia Limited's (OB:HAFNI) Share Price Is Matching Sentiment Around Its Earnings

Why The 24% Return On Capital At Hafnia (OB:HAFNI) Should Have Your Attention

May 31
Why The 24% Return On Capital At Hafnia (OB:HAFNI) Should Have Your Attention

Concerns Surrounding Hafnia's (OB:HAFNI) Performance

Mar 13
Concerns Surrounding Hafnia's (OB:HAFNI) Performance

Is Hafnia (OB:HAFNI) Using Too Much Debt?

Feb 23
Is Hafnia (OB:HAFNI) Using Too Much Debt?

Insufficient Growth At Hafnia Limited (OB:HAFNI) Hampers Share Price

Feb 05
Insufficient Growth At Hafnia Limited (OB:HAFNI) Hampers Share Price

Here's Why We Think Hafnia (OB:HAFNI) Might Deserve Your Attention Today

Jan 18
Here's Why We Think Hafnia (OB:HAFNI) Might Deserve Your Attention Today

Returns On Capital Are A Standout For Hafnia (OB:HAFNI)

Dec 31
Returns On Capital Are A Standout For Hafnia (OB:HAFNI)

These 4 Measures Indicate That Hafnia (OB:HAFNI) Is Using Debt Safely

Nov 06
These 4 Measures Indicate That Hafnia (OB:HAFNI) Is Using Debt Safely

Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital

Sep 28
Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital

Is Hafnia Limited (OB:HAFNI) Trading At A 31% Discount?

Aug 23
Is Hafnia Limited (OB:HAFNI) Trading At A 31% Discount?

Hafnia (OB:HAFNI) Has A Rock Solid Balance Sheet

Aug 05
Hafnia (OB:HAFNI) Has A Rock Solid Balance Sheet

Hafnia (OB:HAFNI) Is Very Good At Capital Allocation

Jun 12
Hafnia (OB:HAFNI) Is Very Good At Capital Allocation

Some Hafnia Limited (OB:HAFNI) Analysts Just Made A Major Cut To Next Year's Estimates

May 20
Some Hafnia Limited (OB:HAFNI) Analysts Just Made A Major Cut To Next Year's Estimates

Hafnia Limited (OB:HAFNI) Shares Could Be 50% Below Their Intrinsic Value Estimate

May 16
Hafnia Limited (OB:HAFNI) Shares Could Be 50% Below Their Intrinsic Value Estimate

New Forecasts: Here's What Analysts Think The Future Holds For Hafnia Limited (OB:HAFNI)

Apr 25
New Forecasts: Here's What Analysts Think The Future Holds For Hafnia Limited (OB:HAFNI)

Hafnia (OB:HAFNI) Has A Pretty Healthy Balance Sheet

Apr 14
Hafnia (OB:HAFNI) Has A Pretty Healthy Balance Sheet

Investors Will Want Hafnia's (OB:HAFNI) Growth In ROCE To Persist

Feb 25
Investors Will Want Hafnia's (OB:HAFNI) Growth In ROCE To Persist

Shareholder Returns

HAFNINO Oil and GasNO Market
7D-0.5%-1.9%-0.8%
1Y-35.4%-10.8%4.7%

Return vs Industry: HAFNI underperformed the Norwegian Oil and Gas industry which returned -10.8% over the past year.

Return vs Market: HAFNI underperformed the Norwegian Market which returned 4.7% over the past year.

Price Volatility

Is HAFNI's price volatile compared to industry and market?
HAFNI volatility
HAFNI Average Weekly Movement4.8%
Oil and Gas Industry Average Movement5.7%
Market Average Movement5.3%
10% most volatile stocks in NO Market12.4%
10% least volatile stocks in NO Market3.0%

Stable Share Price: HAFNI has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: HAFNI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a4,959Mikael Opstun Skovhafnia.com

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 207 vessels.

Hafnia Limited Fundamentals Summary

How do Hafnia's earnings and revenue compare to its market cap?
HAFNI fundamental statistics
Market capNOK 26.78b
Earnings (TTM)NOK 6.30b
Revenue (TTM)NOK 26.84b
4.3x
P/E Ratio
1.0x
P/S Ratio

Is HAFNI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HAFNI income statement (TTM)
RevenueUS$2.63b
Cost of RevenueUS$1.72b
Gross ProfitUS$907.13m
Other ExpensesUS$289.48m
EarningsUS$617.65m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 27, 2025

Earnings per share (EPS)1.24
Gross Margin34.47%
Net Profit Margin23.47%
Debt/Equity Ratio24.7%

How did HAFNI perform over the long term?

See historical performance and comparison

Dividends

22.0%
Current Dividend Yield
75%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/18 16:37
End of Day Share Price 2025/07/18 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hafnia Limited is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Gregory LewisBTIG
Hans Rettedal ChristiansenDanske Bank