HAFNHafnia Limited
Is the business good?
Earnings fully cash-backed (1.4×). That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating profit is fully backed by cash.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is HAFN?
Hafnia Limited earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 8.1 points above what the capital costs: growth creates value
- Operating margin
- 4889%
Operating margin · Marine Shipping median 26% · 12 months to Q2 2025
- Cash conversion
- 1.35×
Cash conversion · operating cash flow covers the operating profit after tax
- Gross margin
- 9321%
Gross margin
| Year | Operating margin |
|---|---|
| FY2022 | 43% |
| FY2023 | 32% |
| FY2024 | 28% |
Details›
- Gross margin12 months to Q2 2025
- 9321%
- Operating margin12 months to Q2 2025
- 4889%
- Net margin12 months to Q2 2025
- 4618%
- Free cash flow margin
- 5814%
- Revenue, trailing twelve months
- $13M
- Free cash flow, trailing twelve months
- $777M
- Net income, trailing twelve months
- $617M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 17%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Marine Shipping
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