YOLFTbeta
Hafnia Limited

Hafnia Limited

HAFN · NYSE · Industrials / Marine Shipping

9.59USD-0.03 (-0.31%)

Price History

Full chart

Market Stats

Previous Close9.62
Open9.65
Day Range9.48 – 9.68
52-Week Range4.59 – 10.12
Volume1.63M
Market Cap4.78B
P/E (TTM)6.86
Forward P/E12.12
EPS1.30
Dividend Yield12.46%
Beta-0.15
50-Day Avg8.24
200-Day Avg7.42

About

Hafnia Limited., an investment holding company, owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), and Handy Size 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. It also engages in ship owning, chartering, and provision of maritime services in the product and chemical tankers market. The company was formerly known as BW Tankers Limited and changed its name to Hafnia Limited. In January 2019. Hafnia Limited was founded in 2010 and is based in Singapore.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Soren Steenberg Jensen
  • Employees4.00K
  • Headquarters#18-01 Mapletree Business City, Singapore, Singapore, 117438, USA
  • Websitehttps://hafnia.com

Leadership

  • Mr. Perry Wouter Van EchteltChief Financial Officer
  • Mr. Soren Steenberg JensenChief Executive Officer
  • Ms. Dorte Thuesen ChristensenVice President of Operations & Claims
  • Thomas AndersenExecutive VP of IR, Research & Performance Management
  • Mr. Soren Skibdal WintherVice President of Commercial

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue302.31M346.48M368.39M827.86M874.10M811.22M1.93B2.67B2.87B2.35B
Growth (%)-+14.61%+6.32%+124.72%+5.59%-7.19%+137.49%+38.68%+7.37%-18.12%
Cost of Revenue274.72M318.24M326.13M646.54M634.98M623.64M1.09B1.82B2.02B1.93B
Gross Profit27.59M28.24M42.26M181.31M239.12M187.57M840.42M852.14M849.63M423.20M
Gross Margin9.13%8.15%11.47%21.90%27.36%23.12%43.62%31.89%29.62%18.02%
Operating Expense193.98M-1.65M30.07M35.71M45.55M192.43M17.21M-5.81M43.90M87.37M
Operating Income-166.39M29.89M12.19M145.60M193.57M-4.86M823.21M857.95M805.73M335.83M
Operating Margin-55.04%8.63%3.31%17.59%22.14%-0.60%42.73%32.11%28.09%14.30%
EBITDA-108.05M83.43M68.61M271.26M354.82M139.58M1.06B1.09B1.05B620.09M
EBITDA Margin-35.74%24.08%18.62%32.77%40.59%17.21%54.95%40.72%36.46%26.40%
Net Income-186.61M2.96M-19.78M71.73M148.78M-55.49M751.59M793.27M774.03M349.66M
Net Income Margin-61.73%0.86%-5.37%8.67%17.02%-6.84%39.01%29.69%26.98%14.89%
Interest Expense20.80M27.30M30.27M77.53M54.07M45.61M94.23M77.39M60.55M59.80M
Interest Expense % of Total Revenue6.88%7.88%8.22%9.37%6.19%5.62%4.89%2.90%2.11%2.55%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.16B1.22B1.31B2.68B2.54B2.51B3.96B3.90B3.69B3.81B
Total Liabilities557.97M821.94M743.00M1.56B1.40B1.40B1.94B1.68B1.44B1.48B
Total Equity394.70M397.82M571.08M1.12B1.15B1.11B2.02B2.22B2.26B2.33B
Cash95.49M41.37M52.46M91.61M100.67M99.95M281.53M221.86M282.83M192.56M
Total Debt544.52M771.87M689.98M1.45B1.31B1.33B1.78B1.29B1.12B1.14B
Net Debt449.03M730.50M637.52M1.36B1.21B1.23B1.50B1.07B836.50M946.20M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow99.90M81.36M59.67M242.83M398.47M106.44M770.89M1.06B1.03B562.00M
Investing Cash Flow-51.65M-117.82M-16.99M-282.43M-50.56M-47.88M-179.13M-31.68M29.89M-386.76M
Financing Cash Flow-36.00M40.62M-31.59M45.22M-338.86M-59.15M-465.13M-1.09B-999.21M-268.90M
Capital Expenditure111.67M117.92M17.25M279.01M48.60M27.03M447.38M184.39M49.62M150.49M
Free Cash Flow-11.77M-36.56M42.42M-36.19M349.88M79.41M323.51M876.41M980.74M411.50M
Dividends Paid30.20M---98.32M0243.75M544.14M699.88M204.47M
FCF to OCF-11.78%-44.94%71.09%-14.90%87.80%74.60%41.97%82.62%95.18%73.22%
Dividend Paid to FCF-256.54%---28.10%0.00%75.34%62.09%71.36%49.69%

Earnings

Report DateAug 27, 2020Dec 2, 2020Mar 8, 2021May 26, 2021Aug 30, 2021Nov 18, 2021Mar 30, 2022May 23, 2022Aug 26, 2022Nov 22, 2022Feb 28, 2023May 19, 2023Aug 25, 2023Nov 17, 2023Mar 13, 2024May 15, 2024Aug 23, 2024Nov 27, 2024Feb 27, 2025May 15, 2025Aug 27, 2025Dec 1, 2025Feb 26, 2026May 27, 2026Aug 28, 2026
EPS Estimate-------0.020.050.400.580.540.500.420.290.340.440.470.330.130.120.140.160.220.250.51
EPS Actual0.260.00-0.07-0.04-0.03-0.06-0.020.050.400.580.540.500.420.290.350.430.500.390.130.130.150.180.220.290.56
Surprise-------8.50%-2.40%-0.05%0.36%-0.11%0.80%0.07%0.00%2.00%-2.11%6.27%18.18%0.00%8.33%7.14%12.50%-1.57%16.00%9.80%
Timing--------------After-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.78B
Enterprise Value5.22B
Trailing P/E6.86
Forward P/E12.12
Price / Sales1.79
Price / Book1.72
EPS1.30
Book Value5.30
Revenue (TTM)2.67B
Gross Profit (TTM)850.78M
EBITDA719.41M
Profit Margin24.70%
Operating Margin29.51%
Return on Equity26.61%
Return on Assets9.65%
Shares Outstanding535.33M
Shares Float241.59M
Beta-0.15
Dividend Yield12.46%
Dividend Rate1.11
Payout Ratio88.90%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 10.25
  • Strong Buy
    2

Ownership Breakdown

Institutions
37.68%
Insiders
46.06%
Retail / Other
16.26%

Top Fund Holders

  • Avantis International Small Cap Val ETF
    9.05M1.81%
  • Alfred Berg Gambak R (NOK)
    4.44M0.89%
  • KLP AksjeNorge Indeks S
    4.01M0.80%
  • Storebrand Norge Institusjon C
    3.80M0.76%
  • Vanguard Total Intl Stock Index Inv
    3.59M0.72%
  • DNB Norge Indeks A
    3.20M0.64%
  • Storebrand Indeks Norge A
    2.78M0.56%
  • DNB AM Norske Aksjer
    2.51M0.50%
  • Alfred Berg Norge R (NOK)
    2.45M0.49%
  • Vanguard Developed Markets Index Admiral
    2.39M0.48%
  • iShares Core MSCI EAFE ETF
    2.11M0.42%
  • DNB Norge Selektiv C
    1.99M0.40%
  • Alfred Berg Aktiv R (NOK)
    1.94M0.39%
  • YFS Argonaut Absolute Return R GBP Acc
    1.80M0.36%
  • KLP AksjeNorge Aktiv P
    1.56M0.31%
  • PUTM ACS European ex UK B Acc GBP
    1.46M0.29%
  • Alfred Berg Indeks I (NOK)
    1.36M0.27%
  • Dimensional International Value ETF
    1.15M0.23%
  • PUTM ACS Lothian Eurp ex UK D GBP Acc
    1.12M0.22%

Dividends

20263×
0.50Sep 8, 20260.29Jun 4, 20260.18Mar 6, 2026
20254×
0.15Dec 9, 20250.12Sep 4, 20250.10May 23, 20250.03Mar 7, 2025
20244×
0.38Dec 6, 20240.40Sep 3, 20240.34May 22, 20240.24Mar 11, 2024
20234×
0.20Nov 22, 20230.25Aug 31, 20230.30May 25, 20230.32Mar 3, 2023
20223×
0.28Nov 25, 20220.19Sep 1, 20220.02May 27, 2022
20201×
0.11Sep 2, 2020