Risk factor
Low default risk
Profitability factor
Strong margins and returns
About
Hafnia Limited specializes in marine transportation services for offshore oil and gas. The company's operations are categorized into several key segments: Long Range II (LR2), Long Range I (LR1), Medium Range (MR), Handy Size (Handy), Chemical Handy Size (Chemical-Handy), Chemical Medium Range (Chemical-MR), and Chemical Stainless. The LR2 division deploys vessels between 85,000 and 124,999 deadweight tons (DWT) for the carriage of clean petroleum products. The LR1 segment utilizes ships measuring 55,000 to 84,999 DWT to transport both clean and dirty petroleum. Tankers within the MR and Chemical-MR segments, ranging from 40,000 to 54,999 DWT, handle the conveyance of clean and dirty oils, vegetable oils, and easily transportable chemicals. Additionally, the Handy and Chemical-Handy segments manage vessels sized from 25,000 to 39,999 DWT for the shipment of clean and dirty oil products, vegetable oils, and specific chemicals. Søren Steenberg Jensen founded the company on April 29, 2014, and its headquarters are located in Singapore.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBIT
Target Price
The average target price of HAFNI.OL is 86.3 and suggests 16.5% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation