Head-To-Head Comparison: Hafnia (HAFN) versus Its Competitors

Hafnia (NYSE:HAFN) is one of 38 publicly-traded companies in the “Transportation services” industry, but how does it compare to its peers? We will compare Hafnia to similar businesses based on the strength of its dividends, institutional ownership, valuation, analyst recommendations, profitability, risk and earnings.

Insider and Institutional Ownership

64.2% of shares of all “Transportation services” companies are owned by institutional investors. 10.9% of shares of all “Transportation services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Dividends

Hafnia pays an annual dividend of $1.62 per share and has a dividend yield of 28.0%. 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 0.8% and pay out 24.6% of their earnings in the form of a dividend.

Profitability

This table compares Hafnia and its peers’ 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%	-1,220.57%	-6.59%

Earnings and Valuation

This table compares Hafnia and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hafnia	$1.92 billion	$793.28 million	3.68
Hafnia Competitors	$3.80 billion	$293.71 million	-5,081.97

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

Analyst Ratings

This is a summary of recent recommendations and price targets for Hafnia and its peers, 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	135	1092	2077	38	2.60

Hafnia currently has a consensus price target of $10.00, suggesting a potential upside of 73.01%. As a group, “Transportation services” companies have a potential downside of 0.19%. Given Hafnia’s stronger consensus rating and higher probable upside, equities analysts plainly believe Hafnia is more favorable than its peers.

Summary

Hafnia beats its peers on 9 of the 14 factors compared.

Hafnia Company Profile

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.