Valuation
26% of the score, 30% here after data gaps
62median 50
Himalaya Shipping Ltd. is valued at 20.7x its operating profit, including debt: a rich multiple.
60x
50x
35x
25x
18x
12x
8x
20.7x
Full points at 8x or less, none from 60xfull points
HSHPHimalaya Shipping Ltd.
$17.93+135% 1Y
$17.93
$7.1352 weeks$19.32
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 58 out of 100, Average
Today's price. Only valuation depends on it.
Average. Himalaya Shipping Ltd. scores higher than 56% of the 2,291 companies Ryufin scores.
Carried by return on new capital and earnings quality, held back by return on capital and capital allocation.
Industrials median 59 · all companies 54
Return on capital
18% of the score, 20% here after data gaps
44median 23
Over 3 years the business earned 7.8% a year after tax on the capital it uses.
2%
8%
15%
25%
7.8%
None at 2% or less, full points from 25%full points
3 years agolatest 8.2%
Return on new capital
16% of the score, 18% here after data gaps
100median 33
For every dollar of operating profit earned over 4 years, yearly profit grew by 41 cents. New capital earned 13%, and 315% of profit went back into the business.
-5%
12%
41%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score, 16% here after data gaps
40median 63
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 12.7% a year over 3 years: new shares
05%
-3%
13%
0 pointsfull points
Assets against salesAssets grew 20% a year, sales 90%
10012%
-2%
-70%
0 pointsfull points
Cycle position
Taken out: its 12% is shared by the others
n/ano data
Fewer than five years of margins on file.
Balance sheet
8% of the score, 9% here after data gaps
0median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA6.2x a year of EBITDA
04.5x
0.5x
6.2x
0 pointsfull points
Interest coverOperating profit covers interest 2x
01.5x
12x
1.5x
0 pointsfull points
Earnings quality
6% of the score, 7% here after data gaps
90median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 2.83x profit over 3 years
1000.7x
1x
1.3x
2.8x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.9% of assets
808%
0%
-8%
-3.9%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For HSHP, cycle position could not be measured from the filings, so it is taken out and the remaining weights scale up.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.