HAFN (Hafnia) Debt-to-EBITDA : 1.06 (As of Mar. 2026) — 62% Below Median

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HAFN Hafnia Ltd HAFN
77 GF Score
Price $7.54
GF Value $4.93
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hafnia Debt-to-EBITDA?

Hafnia HAFN +0.80% 77 Debt-to-EBITDA is 1.06 as of Mar. 2026, which is 62% below its 10-year median of 2.79. GuruFocus rates HAFN with a GF Score™ of 77/100 and a GF Value™ of $4.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 869 Transportation companies, Hafnia ranks better than 70.08% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hafnia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $246 Mil. Hafnia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $780 Mil. Hafnia's annualized EBITDA for the quarter that ended in Mar. 2026 was $964 Mil. Hafnia's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.06.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hafnia's Debt-to-EBITDA or its related term are showing as below:

HAFN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.76   Med: 2.79   Max: 10.06
Current: 1.42

During the past 11 years, the highest Debt-to-EBITDA Ratio of Hafnia was 10.06. The lowest was -6.76. And the median was 2.79.

HAFN's Debt-to-EBITDA is ranked better than
70.08% of 869 companies
in the Transportation industry
Industry Median: 2.64 vs HAFN: 1.42

Hafnia  (NYSE:HAFN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hafnia Debt-to-EBITDA Related Terms


Hafnia Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hafnia's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hafnia Debt-to-EBITDA Chart

Hafnia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 1.68 1.19 1.07 1.89

Hafnia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.07 1.81 1.45 1.66 1.06

Hafnia Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Hafnia's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hafnia Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Hafnia's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hafnia's Debt-to-EBITDA falls into.


HAFN
77GF Score
Hafnia Ltd HAFN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hafnia Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hafnia's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(212.574 + 910.402) / 594.074
=1.89

Hafnia's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(246.025 + 779.504) / 963.672
=1.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.06 mean?
Hafnia (HAFN) has a Debt-to-EBITDA of 1.06 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hafnia. This is 62% below median its historical median of 2.79. According to the industry distribution chart, Hafnia ranks #260 out of 869 companies in the Transportation industry, placing it in the top 29.9%.
Is Hafnia's Debt-to-EBITDA too high?
Hafnia's current Debt-to-EBITDA of 1.06 is 62% below median its 10-year median of 2.79. The Transportation industry median Debt-to-EBITDA is 2.64. Hafnia's value of 1.06 is 59.8% below this industry median. Based on the distribution chart, Hafnia ranks #260 out of 869 companies in the Transportation industry, which is above the industry midpoint. Overall, Hafnia has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hafnia's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Hafnia ranks #260 out of 869 companies for Debt-to-EBITDA. This puts Hafnia in the upper half of its industry. The industry median Debt-to-EBITDA is 2.64. Hafnia's value of 1.06 is 59.8% below this benchmark. While the company's 10-year median is 2.79 vs. the industry median of 2.64, Hafnia has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hafnia's current Debt-to-EBITDA of 1.06 is 59.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hafnia. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hafnia's current Debt-to-EBITDA is 1.06, which is 62% below median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hafnia stock overvalued right now?
Based on GuruFocus' analysis, Hafnia (HAFN) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.93, compared to a current price of $7.54 — trading 52.9% above its estimated fair value. The current Debt-to-EBITDA is 1.06, which is 62% below median its 10-year median of 2.79 and 59.8% below the Transportation industry median of 2.64. Hafnia's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Hafnia (HAFN), the current Debt-to-EBITDA is 1.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hafnia (HAFN) Overvalued in 2026?

Based on GuruFocus' analysis, Hafnia stock appears to be overvalued. The current stock price of $7.54 is trading 52.9% above its estimated GF Value™ of $4.93. GuruFocus considers Hafnia to be Significantly Overvalued.

Key valuation signals for HAFN:

  • Debt-to-EBITDA: 1.06 (62% below median its 10-year median of 2.79)
  • GF Value™: $4.93 vs. price of $7.54 (52.9% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 59.8% below the Transportation median (#260 of 869)

No single metric tells the full story. See the HAFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hafnia Business Description

Address c/o Hafnia SG Pte Ltd, 10 Pasir Panjang Road, No.18-01 Mapletree Business City, Singapore, SGP, 117438
Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. Company manages it's business through the following reporting segments: LR2 tankers, LR1 tankers, MR tankers, Handy tankers.
77GF Score

Get the complete analysis for HAFN

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.54
Price
$4.93
GF Value