Share Price & News
How has Havila Shipping's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HAVI has not had significant price volatility in the past 3 months.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: HAVI exceeded the Norwegian Energy Services industry which returned -22.4% over the past year.
Return vs Market: HAVI underperformed the Norwegian Market which returned -3.2% over the past year.
Price Volatility Vs. Market
How volatile is Havila Shipping's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Havila Shipping ASA (OB:HAVI) A Volatile Stock?
2 months ago | Simply Wall StIs Havila Shipping (OB:HAVI) A Risky Investment?
4 months ago | Simply Wall StDo Institutions Own Shares In Havila Shipping ASA (OB:HAVI)?
Is Havila Shipping undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: HAVI (NOK3.29) is trading above our estimate of fair value (NOK0.9)
Significantly Below Fair Value: HAVI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HAVI is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: HAVI is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HAVI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HAVI has negative assets, so we can't compare its PB Ratio to the NO Energy Services industry average.
How is Havila Shipping forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Havila Shipping has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of HAVI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Havila Shipping competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Havila Shipping performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAVI has large one-off items impacting its financial results.
Growing Profit Margin: HAVI's current net profit margins (-165.4%) are lower than last year (138.8%).
Past Earnings Growth Analysis
Earnings Trend: HAVI is unprofitable, and losses have increased over the past 5 years at a rate of -3.2% per year.
Accelerating Growth: Unable to compare HAVI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HAVI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (14%).
Return on Equity
High ROE: HAVI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Havila Shipping's financial position?
Financial Position Analysis
Short Term Liabilities: HAVI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HAVI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HAVI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HAVI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: HAVI has a high level of physical assets or inventory.
Debt Coverage by Assets: HAVI has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HAVI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HAVI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Havila Shipping's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate HAVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HAVI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HAVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HAVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HAVI is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HAVI's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
What is the CEO of Havila Shipping's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Njål Sævik (50yo)
Mr. Njål Sævik has been the Chief Executive Officer at Havila Shipping ASA since 2003 and serves as its Managing Director. Mr. Sævik is a Director of Axxis Geo Solutions AS. Mr. Sævik has been with offshor ...
Management Age and Tenure
Experienced Management: HAVI's management team is seasoned and experienced (11.3 years average tenure).
Board Age and Tenure
Experienced Board: HAVI's board of directors are considered experienced (3.5 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22%.
Chief Financial Officer
- Tenure: 11.3yrs
Njål Sævik (50yo)
CEO, MD & Administration Director
- Tenure: 16.8yrs
- Compensation: kr1.47m
Human Resource Director
- Tenure: 0yrs
Deputy Managing Director
- Tenure: 1.3yrs
Jostein Sætrenes (55yo)
- Tenure: 2.5yrs
Jogeir Romestrand (58yo)
- Tenure: 2.5yrs
Helge Aarseth (72yo)
- Tenure: 0yrs
Hege Rabben (48yo)
- Tenure: 16.8yrs
Nina Skage (57yo)
- Tenure: 4.6yrs
Havila Shipping ASA's company bio, employee growth, exchange listings and data sources
- Name: Havila Shipping ASA
- Ticker: HAVI
- Exchange: OB
- Founded: 2003
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr78.224m
- Shares outstanding: 23.78m
- Website: https://www.havilashipping.no
Number of Employees
- Havila Shipping ASA
- Mjølstadnesvegen 24
- Møre og Romsdal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HAVI||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Mar 2005|
|0LGI||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Mar 2005|
|HAVIO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Mar 2005|
Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. It manages and operates offshore service vessels primarily in the Norwegian, British, and Danish sectors of the North ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/13 20:41|
|End of Day Share Price||2019/11/13 00:00|
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 here.