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Hafnia Limited (HAFN)


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Upturn Advisory Summary
10/21/2025: HAFN (2-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $8.75
1 Year Target Price $8.75
2 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 30.71% | Avg. Invested days 58 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.95B USD | Price to earnings Ratio 7.05 | 1Y Target Price 8.75 |
Price to earnings Ratio 7.05 | 1Y Target Price 8.75 | ||
Volume (30-day avg) 2 | Beta -0.17 | 52 Weeks Range 3.47 - 6.43 | Updated Date 10/21/2025 |
52 Weeks Range 3.47 - 6.43 | Updated Date 10/21/2025 | ||
Dividends yield (FY) 10.69% | Basic EPS (TTM) 0.84 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 18.42% | Operating Margin (TTM) 14.99% |
Management Effectiveness
Return on Assets (TTM) 7.25% | Return on Equity (TTM) 18.32% |
Valuation
Trailing PE 7.05 | Forward PE 10.03 | Enterprise Value 3945302332 | Price to Sales(TTM) 1.25 |
Enterprise Value 3945302332 | Price to Sales(TTM) 1.25 | ||
Enterprise Value to Revenue 1.68 | Enterprise Value to EBITDA 5.67 | Shares Outstanding 497989642 | Shares Floating 9436904 |
Shares Outstanding 497989642 | Shares Floating 9436904 | ||
Percent Insiders 45.08 | Percent Institutions 30.53 |
Upturn AI SWOT
Hafnia Limited
Company Overview
History and Background
Hafnia Limited, founded in 2010, is one of the worldu2019s leading tanker owners and operators, transporting refined petroleum products, vegetable oils, and chemicals. It has grown through acquisitions and organic expansion to become a significant player in the product tanker market.
Core Business Areas
- Product Tanker Operations: Hafnia operates a fleet of product tankers, transporting refined petroleum products such as gasoline, diesel, and jet fuel across global trade routes.
- Chemical Tanker Operations: Hafnia also transports chemicals, offering specialized services for handling and transporting various chemical cargoes.
- Vegetable Oil Tanker Operations: Hafnia also transports vegetable oils, offering specialized services for handling and transporting.
- Pool Management: Hafnia provides pool management services, optimizing vessel utilization and earnings for its own fleet and for third-party owners.
Leadership and Structure
The company is led by a management team with extensive experience in the shipping industry. The organizational structure includes commercial, technical, and operational departments to manage the fleet and business activities.
Top Products and Market Share
Key Offerings
- Clean Petroleum Products (CPP) Transportation: Transporting CPP, dominates Hafnia's revenue. Market share information is not readily available, competition includes Scorpio Tankers, Torm, and Ardmore Shipping. High price volatility in crude oil impacts CPP market.
- Chemicals Transportation: Chemicals transportation is a significant segment. Exact market share is not available, competition includes Stolt-Nielsen, Odfjell, and Navig8 Chemical Tankers. Demand for chemicals varies with global industrial activity.
- Vegetable Oil Transportation: Vegetable Oil transportation forms a minor part of the tanker operations. This is due to greater price sensitivity and smaller size. Competitors include Stolt-Nielsen, Odfjell.
Market Dynamics
Industry Overview
The product tanker industry is cyclical and influenced by factors such as global demand for refined petroleum products, refinery capacity, trade routes, and vessel supply. Geopolitical events and environmental regulations also play a significant role.
Positioning
Hafnia is positioned as a leading player in the product tanker market due to its large fleet, experienced management team, and strong customer relationships. Its competitive advantages include operational efficiency and a diversified fleet.
Total Addressable Market (TAM)
The global tanker shipping market is estimated at hundreds of billions of dollars annually. Hafnia is well-positioned to capture a significant portion of this TAM due to its specialization in product tankers.
Upturn SWOT Analysis
Strengths
- Large and modern fleet
- Experienced management team
- Strong customer relationships
- Diversified service offerings
- Operational efficiency
Weaknesses
- Exposure to cyclical market conditions
- Dependence on global economic activity
- Vulnerability to geopolitical events
- High capital expenditure requirements
- Limited pricing power
Opportunities
- Increasing demand for refined petroleum products
- Expansion into new markets
- Acquisition of smaller competitors
- Development of new service offerings
- Adoption of environmentally friendly technologies
Threats
- Oversupply of tanker capacity
- Fluctuations in fuel prices
- Stringent environmental regulations
- Geopolitical instability
- Economic downturns
Competitors and Market Share
Key Competitors
- STNG
- TORM
- ASC
Competitive Landscape
Hafnia competes with other tanker owners and operators. It holds some competitive advantages, but cyclical fluctuations are a factor.
Major Acquisitions
Chemical Tankers Inc.
- Year: 2022
- Acquisition Price (USD millions): 500
- Strategic Rationale: Expanded fleet size and service offerings into chemical transportation.
Growth Trajectory and Initiatives
Historical Growth: Hafnia has grown through acquisitions and organic expansion, increasing its fleet size and market share.
Future Projections: Analyst estimates suggest continued growth for Hafnia, driven by increasing demand for refined petroleum products and the company's strategic initiatives.
Recent Initiatives: Recent initiatives include fleet expansion, optimization of vessel utilization, and investment in environmentally friendly technologies.
Summary
Hafnia is a leading tanker company that navigates a volatile market. It is working towards better efficiency. Key factors include vessel supply and market conditions. However, high capital expenditure and a dependence on global economic activity should be considered.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company reports, analyst estimates, industry publications.
- Market data from reputable financial sources.
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual due diligence and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hafnia Limited
Exchange NYSE | Headquaters - | ||
IPO Launch date 2020-06-18 | CEO - | ||
Sector Industrials | Industry Marine Shipping | Full time employees 4000 | Website https://hafnia.com |
Full time employees 4000 | Website https://hafnia.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. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides chartering services. Hafnia Limited is based in Singapore.

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