Head to Head Analysis: SEACOR Marine (NYSE:SMHI) versus Hafnia (NYSE:HAFN)

SEACOR Marine (NYSE:SMHI) and Hafnia (NYSE:HAFN) are both transportation companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

Valuation and Earnings

This table compares SEACOR Marine and Hafnia”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SEACOR Marine	$227.83 million	0.91	-$27.84 million	($1.04)	-7.37
Hafnia	$955.87 million	N/A	$339.68 million	$0.68	11.30

Hafnia has higher revenue and earnings than SEACOR Marine. SEACOR Marine is trading at a lower price-to-earnings ratio than Hafnia, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares SEACOR Marine and Hafnia’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SEACOR Marine	-12.22%	-11.85%	-4.76%
Hafnia	35.54%	14.71%	9.21%

Insider & Institutional Ownership

59.1% of SEACOR Marine shares are held by institutional investors. 14.6% of SEACOR Marine shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for SEACOR Marine and Hafnia, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SEACOR Marine	1	2	0	0	1.67
Hafnia	0	1	0	1	3.00

SEACOR Marine presently has a consensus target price of $7.00, indicating a potential downside of 8.68%. Given SEACOR Marine’s higher probable upside, research analysts plainly believe SEACOR Marine is more favorable than Hafnia.

Risk & Volatility

SEACOR Marine has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500. Comparatively, Hafnia has a beta of 0.63, suggesting that its stock price is 37% less volatile than the S&P 500.

Summary

Hafnia beats SEACOR Marine on 9 of the 13 factors compared between the two stocks.

About SEACOR Marine

SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services. As of December 31, 2023, the company operated a fleet of 58 support vessels, of which 55 were owned or leased-in, and three were managed on behalf of unaffiliated third parties. It serves integrated national and international oil companies, independent oil and natural gas exploration and production companies, and oil field service and construction companies, as well as offshore wind farm operators and offshore wind farm installation and maintenance companies. SEACOR Marine Holdings Inc. was founded in 1989 and is headquartered in Houston, Texas.

About Hafnia

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 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.