Havila Shipping ASA (FRA:H4S)

Havila Shipping ASA Statistics

Total Valuation

FRA:H4S has a market cap or net worth of EUR 26.18 million. The enterprise value is 103.41 million.

Market Cap	26.18M
Enterprise Value	103.41M

Important Dates

The last earnings date was Wednesday, November 19, 2025.

Earnings Date	Nov 19, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	275.17M
Shares Outstanding	n/a
Shares Change (YoY)	+1,690.02%
Shares Change (QoQ)	+102.74%
Owned by Insiders (%)	2.35%
Owned by Institutions (%)	26.44%
Float	93.77M

Valuation Ratios

The trailing PE ratio is 7.87.

PE Ratio	7.87
Forward PE	n/a
PS Ratio	0.47
PB Ratio	0.85
P/TBV Ratio	0.85
P/FCF Ratio	4.71
P/OCF Ratio	1.65
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.87, with an EV/FCF ratio of 18.60.

EV / Earnings	31.08
EV / Sales	1.85
EV / EBITDA	3.87
EV / EBIT	9.32
EV / FCF	18.60

Financial Position

The company has a current ratio of 0.48, with a Debt / Equity ratio of 2.90.

Current Ratio	0.48
Quick Ratio	0.47
Debt / Equity	2.90
Debt / EBITDA	3.38
Debt / FCF	16.17
Interest Coverage	71.80

Financial Efficiency

Return on equity (ROE) is 19.97% and return on invested capital (ROIC) is 5.66%.

Return on Equity (ROE)	19.97%
Return on Assets (ROA)	5.21%
Return on Invested Capital (ROIC)	5.66%
Return on Capital Employed (ROCE)	13.94%
Revenue Per Employee	134,024
Profits Per Employee	7,942
Employee Count	420
Asset Turnover	0.43
Inventory Turnover	158.77

Taxes

In the past 12 months, FRA:H4S has paid 7,168 in taxes.

Income Tax	7,168
Effective Tax Rate	0.21%

Stock Price Statistics

The stock price has decreased by -18.68% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-18.68%
50-Day Moving Average	0.08
200-Day Moving Average	0.07
Relative Strength Index (RSI)	71.26
Average Volume (20 Days)	2

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, FRA:H4S had revenue of EUR 56.16 million and earned 3.33 million in profits. Earnings per share was 0.01.

Revenue	56.16M
Gross Profit	31.78M
Operating Income	10.87M
Pretax Income	3.33M
Net Income	3.33M
EBITDA	26.45M
EBIT	10.87M
Earnings Per Share (EPS)	0.01

Balance Sheet

The company has 12.29 million in cash and 89.88 million in debt, giving a net cash position of -77.59 million.

Cash & Cash Equivalents	12.29M
Total Debt	89.88M
Net Cash	-77.59M
Net Cash Per Share	n/a
Equity (Book Value)	30.97M
Book Value Per Share	0.11
Working Capital	-27.40M

Cash Flow

In the last 12 months, operating cash flow was 15.88 million and capital expenditures -10.32 million, giving a free cash flow of 5.56 million.

Operating Cash Flow	15.88M
Capital Expenditures	-10.32M
Free Cash Flow	5.56M
FCF Per Share	n/a

Margins

Gross margin is 56.59%, with operating and profit margins of 19.36% and 5.93%.

Gross Margin	56.59%
Operating Margin	19.36%
Pretax Margin	5.94%
Profit Margin	5.93%
EBITDA Margin	47.09%
EBIT Margin	19.36%
FCF Margin	9.90%

Dividends & Yields

FRA:H4S does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1,690.02%
Shareholder Yield	-1,690.02%
Earnings Yield	12.71%
FCF Yield	21.23%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on January 4, 2018. It was a reverse split with a ratio of 0.01.

Last Split Date	Jan 4, 2018
Split Type	Reverse
Split Ratio	0.01

Scores

FRA:H4S has an Altman Z-Score of -0.2 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.2
Piotroski F-Score	7