Havila Shipping ASA Logo

Havila Shipping ASA

HAVI.OL

(0.8)
Stock Price

2,74 NOK

0.27% ROA

14.85% ROE

20.15x PER

Market Cap.

83.217.050,00 NOK

5917.71% DER

0% Yield

0.71% NPM

Havila Shipping ASA Stock Analysis

Havila Shipping ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Havila Shipping ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (105.16%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (358) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

3 ROA

The stock's ROA (-1.11%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

4 PBV

The stock's elevated P/BV ratio (7.92x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

5 DER

The company has a high debt to equity ratio (6114%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Havila Shipping ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Havila Shipping ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Havila Shipping ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Havila Shipping ASA Revenue
Year Revenue Growth
2004 229.105.000
2005 500.597.000 54.23%
2006 668.439.000 25.11%
2007 527.867.000 -26.63%
2008 810.638.000 34.88%
2009 901.207.000 10.05%
2010 1.030.204.000 12.52%
2011 1.279.031.000 19.45%
2012 1.332.158.000 3.99%
2013 1.436.108.000 7.24%
2014 1.698.716.000 15.46%
2015 1.543.699.000 -10.04%
2016 1.061.320.000 -45.45%
2017 571.599.000 -85.68%
2018 568.622.000 -0.52%
2019 708.347.000 19.73%
2020 663.683.000 -6.73%
2021 515.433.000 -28.76%
2022 658.494.000 21.73%
2023 679.020.000 3.02%
2023 919.200.000 26.13%
2024 583.904.000 -57.42%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Havila Shipping ASA Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Havila Shipping ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 9.103.000
2005 11.780.000 22.72%
2006 10.541.000 -11.75%
2007 5.759.000 -83.04%
2008 343.246.000 98.32%
2009 410.530.000 16.39%
2010 620.793.000 33.87%
2011 0 0%
2012 19.156.000 100%
2013 30.045.000 36.24%
2014 28.926.000 -3.87%
2015 26.028.000 -11.13%
2016 20.641.000 -26.1%
2017 15.752.000 -31.04%
2018 5.849.000 -169.31%
2019 5.332.000 -9.7%
2020 9.793.000 45.55%
2021 6.928.000 -41.35%
2022 6.343.000 -9.22%
2023 0 0%
2023 15.382.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Havila Shipping ASA EBITDA
Year EBITDA Growth
2004 102.178.000
2005 223.992.000 54.38%
2006 462.486.000 51.57%
2007 385.424.000 -19.99%
2008 414.421.000 7%
2009 963.619.000 56.99%
2010 490.111.000 -96.61%
2011 511.052.000 4.1%
2012 574.588.000 11.06%
2013 654.393.000 12.2%
2014 671.038.000 2.48%
2015 534.049.000 -25.65%
2016 322.107.000 -65.8%
2017 87.700.000 -267.28%
2018 121.056.000 27.55%
2019 243.547.000 50.29%
2020 2.499.998.000 90.26%
2021 37.448.000 -6575.92%
2022 -200.371.000 118.69%
2023 -1.605.124.000 87.52%
2023 488.000.000 428.92%
2024 314.728.000 -55.05%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Havila Shipping ASA Gross Profit
Year Gross Profit Growth
2004 99.591.000
2005 292.967.000 66.01%
2006 432.004.000 32.18%
2007 357.580.000 -20.81%
2008 810.638.000 55.89%
2009 901.207.000 10.05%
2010 1.030.204.000 12.52%
2011 488.351.000 -110.96%
2012 436.330.000 -11.92%
2013 576.613.000 24.33%
2014 696.231.000 17.18%
2015 496.459.000 -40.24%
2016 210.114.000 -136.28%
2017 -207.692.000 201.17%
2018 -205.184.000 -1.22%
2019 -32.780.000 -525.94%
2020 -79.370.000 58.7%
2021 -45.584.000 -74.12%
2022 94.276.000 148.35%
2023 129.636.000 27.28%
2023 356.400.000 63.63%
2024 196.428.000 -81.44%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Havila Shipping ASA Net Profit
Year Net Profit Growth
2004 37.669.000
2005 149.419.000 74.79%
2006 295.371.000 49.41%
2007 234.938.000 -25.72%
2008 306.828.000 23.43%
2009 537.267.000 42.89%
2010 -9.015.000 6059.7%
2011 -126.455.000 92.87%
2012 207.000 61189.37%
2013 13.480.000 98.46%
2014 3.592.000 -275.28%
2015 -1.526.661.000 100.24%
2016 -1.202.310.000 -26.98%
2017 774.630.000 255.21%
2018 -1.140.285.000 167.93%
2019 -320.598.000 -255.67%
2020 1.215.287.000 126.38%
2021 65.673.000 -1750.51%
2022 -112.696.000 158.27%
2023 115.648.000 197.45%
2023 112.872.000 -2.46%
2024 16.088.000 -601.59%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Havila Shipping ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 68
2005 156 56.41%
2006 269 41.79%
2007 199 -34.67%
2008 259 23.17%
2009 470 44.89%
2010 -8 6814.29%
2011 -96 92.63%
2012 0 0%
2013 6 100%
2014 2 -500%
2015 -706 100.14%
2016 -556 -26.98%
2017 53 1149.06%
2018 -52 203.92%
2019 -13 -292.31%
2020 51 125.49%
2021 3 -2450%
2022 -5 150%
2023 5 200%
2023 5 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Havila Shipping ASA Free Cashflow
Year Free Cashflow Growth
2004 39.926.000
2005 -829.891.000 104.81%
2006 317.455.000 361.42%
2007 448.849.000 29.27%
2008 212.960.000 -110.77%
2009 212.066.000 -0.42%
2010 76.794.000 -176.15%
2011 254.079.000 69.78%
2012 -151.709.000 267.48%
2013 181.123.000 183.76%
2014 158.074.000 -14.58%
2015 275.166.000 42.55%
2016 400.340.000 31.27%
2017 -259.714.000 254.15%
2018 -105.262.000 -146.73%
2019 13.450.000 882.62%
2020 56.456.000 76.18%
2021 65.968.000 14.42%
2022 168.708.000 60.9%
2023 59.874.000 -181.77%
2023 47.671.000 -25.6%
2024 66.203.000 27.99%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Havila Shipping ASA Operating Cashflow
Year Operating Cashflow Growth
2004 54.311.000
2005 175.147.000 68.99%
2006 317.455.000 44.83%
2007 448.849.000 29.27%
2008 212.960.000 -110.77%
2009 212.066.000 -0.42%
2010 76.794.000 -176.15%
2011 254.079.000 69.78%
2012 196.089.000 -29.57%
2013 309.395.000 36.62%
2014 376.724.000 17.87%
2015 361.710.000 -4.15%
2016 409.840.000 11.74%
2017 -227.129.000 280.44%
2018 -35.237.000 -544.58%
2019 95.044.000 137.07%
2020 134.497.000 29.33%
2021 126.466.000 -6.35%
2022 216.775.000 41.66%
2023 59.874.000 -262.05%
2023 95.774.000 37.48%
2024 79.347.000 -20.7%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Havila Shipping ASA Capital Expenditure
Year Capital Expenditure Growth
2004 14.385.000
2005 1.005.038.000 98.57%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 347.798.000 100%
2013 128.272.000 -171.14%
2014 218.650.000 41.33%
2015 86.544.000 -152.65%
2016 9.500.000 -810.99%
2017 32.585.000 70.85%
2018 70.025.000 53.47%
2019 81.594.000 14.18%
2020 78.041.000 -4.55%
2021 60.498.000 -29%
2022 48.067.000 -25.86%
2023 0 0%
2023 48.103.000 100%
2024 13.144.000 -265.97%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Havila Shipping ASA Equity
Year Equity Growth
2004 242.816.000
2005 646.352.000 62.43%
2006 989.430.000 34.67%
2007 879.477.000 -12.5%
2008 1.125.794.000 21.88%
2009 1.702.777.000 33.88%
2010 1.695.038.000 -0.46%
2011 1.809.323.000 6.32%
2012 2.008.164.000 9.9%
2013 2.021.605.000 0.66%
2014 2.022.103.000 0.02%
2015 502.405.000 -302.48%
2016 -699.939.000 171.78%
2017 423.137.000 265.42%
2018 -712.544.000 159.38%
2019 -1.034.573.000 31.13%
2020 137.139.000 854.4%
2021 19.216.000 -613.67%
2022 -93.497.000 120.55%
2023 48.413.000 293.12%
2023 19.533.000 -147.85%
2024 23.671.000 17.48%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Havila Shipping ASA Assets
Year Assets Growth
2004 795.116.000
2005 2.292.155.000 65.31%
2006 2.737.454.000 16.27%
2007 3.434.067.000 20.29%
2008 4.386.455.000 21.71%
2009 5.503.900.000 20.3%
2010 6.685.339.000 17.67%
2011 7.944.725.000 15.85%
2012 8.685.170.000 8.53%
2013 8.343.393.000 -4.1%
2014 8.373.754.000 0.36%
2015 6.534.228.000 -28.15%
2016 5.471.443.000 -19.42%
2017 4.796.488.000 -14.07%
2018 3.532.402.000 -35.79%
2019 3.473.689.000 -1.69%
2020 2.318.056.000 -49.85%
2021 1.955.827.000 -18.52%
2022 2.003.400.000 2.37%
2023 1.907.746.000 -5.01%
2023 1.440.238.000 -32.46%
2024 1.556.244.000 7.45%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Havila Shipping ASA Liabilities
Year Liabilities Growth
2004 552.300.000
2005 1.645.803.000 66.44%
2006 1.748.024.000 5.85%
2007 2.554.590.000 31.57%
2008 3.260.661.000 21.65%
2009 3.801.123.000 14.22%
2010 4.990.301.000 23.83%
2011 6.135.402.000 18.66%
2012 6.677.006.000 8.11%
2013 6.321.788.000 -5.62%
2014 6.351.651.000 0.47%
2015 6.031.823.000 -5.3%
2016 6.171.382.000 2.26%
2017 4.373.351.000 -41.11%
2018 4.244.946.000 -3.02%
2019 4.508.262.000 5.84%
2020 2.180.917.000 -106.71%
2021 1.936.611.000 -12.62%
2022 2.096.897.000 7.64%
2023 1.859.333.000 -12.78%
2023 1.420.705.000 -30.87%
2024 1.532.572.000 7.3%

Havila Shipping ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
24.41
Net Income per Share
0.17
Price to Earning Ratio
20.15x
Price To Sales Ratio
0.14x
POCF Ratio
0.3
PFCF Ratio
0.38
Price to Book Ratio
3.52
EV to Sales
2.27
EV Over EBITDA
-1.99
EV to Operating CashFlow
4.73
EV to FreeCashFlow
6.05
Earnings Yield
0.05
FreeCashFlow Yield
2.62
Market Cap
0,08 Bil.
Enterprise Value
1,32 Bil.
Graham Number
1.97
Graham NetNet
-53.27

Income Statement Metrics

Net Income per Share
0.17
Income Quality
64.63
ROE
0.15
Return On Assets
0
Return On Capital Employed
3.01
Net Income per EBT
0.83
EBT Per Ebit
0.02
Ebit per Revenue
0.44
Effective Tax Rate
0.05

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.14
Operating Profit Margin
0.44
Pretax Profit Margin
0.01
Net Profit Margin
0.01

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
11.71
Free CashFlow per Share
9.16
Capex to Operating CashFlow
0.22
Capex to Revenue
0.1
Capex to Depreciation
0.47
Return on Invested Capital
0.17
Return on Tangible Assets
0
Days Sales Outstanding
81.91
Days Payables Outstanding
29.07
Days of Inventory on Hand
3.51
Receivables Turnover
4.46
Payables Turnover
12.56
Inventory Turnover
103.88
Capex per Share
2.55

Balance Sheet

Cash per Share
6,98
Book Value per Share
1,00
Tangible Book Value per Share
1
Shareholders Equity per Share
1
Interest Debt per Share
59.05
Debt to Equity
59.18
Debt to Assets
0.9
Net Debt to EBITDA
-1.86
Current Ratio
0.2
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
-1,23 Bil.
Invested Capital
25365000
Working Capital
-1,17 Bil.
Intangibles to Total Assets
0
Average Receivables
0,14 Bil.
Average Payables
0,04 Bil.
Average Inventory
4561000
Debt to Market Cap
16.83

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Havila Shipping ASA Dividends
Year Dividends Growth
2006 0
2007 0 0%
2008 2 100%

Havila Shipping ASA Profile

About Havila Shipping ASA

Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. It manages and operates offshore service vessels primarily in Norway, the United Kingdom, Denmark, Belgium, Netherlands, Iceland, and the Republic of Chile. The company operates a fleet of 22 vessels, including 5 anchor handling vessels, 13 platform supply vessels, 1 rescue recovery vessel, and 3 subsea vessels. Its anchor handling tug and supply vessels are used for moving rigs and putting out anchors, as well as for supply services; platform supply vessels are used to carry goods, water, drilling mud, chemicals, etc. to and from the offshore installations; subsea vessels are used for under water construction work, as well as for support for under water operations; and rescue recovery vessels are used to offer security services, such as oil spill preparedness, fire protection, rescue operation, and recovery at oil installations. The company was founded in 2003 and is headquartered in Fosnavåg, Norway. Havila Shipping ASA is a subsidiary of Havila Holding AS.

CEO
Mr. Njal Saevik
Employee
256
Address
PO Box 215
Fosnavåg, 6099

Havila Shipping ASA Executives & BODs

Havila Shipping ASA Executives & BODs
# Name Age
1 Mr. Arne Johan Dale
Chief Financial Officer
70
2 Mr. Njal Saevik
Chief Executive Officer
70
3 Mr. Runar Smadal
Human Resource Director
70

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