HSHP (Himalaya Shipping) EV-to-OCF: 22.18 (As of Aug. 13, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSHP Himalaya Shipping Ltd HSHP
58 GF Score
Price $14.92
GF Value $15.61
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Himalaya Shipping EV-to-OCF?

Himalaya Shipping HSHP -3.80% 58 EV-to-OCF is 22.18 as of Aug. 13, 2026, which is 1% above its 10-year median of 21.96. GuruFocus rates HSHP with a GF Score™ of 58/100 and a GF Value™ of $15.61 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,009 Transportation companies, Himalaya Shipping ranks worse than 86.62% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Himalaya Shipping's Enterprise Value is $1,355.1 Mil. Himalaya Shipping's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $61.1 Mil. Therefore, Himalaya Shipping's EV-to-OCF for today is 22.18.

The historical rank and industry rank for Himalaya Shipping's EV-to-OCF or its related term are showing as below:

HSHP' s EV-to-OCF Range Over the Past 10 Years
Min: -253.37   Med: 21.96   Max: 140.57
Current: 22.18

During the past 5 years, the highest EV-to-OCF of Himalaya Shipping was 140.57. The lowest was -253.37. And the median was 21.96.

HSHP's EV-to-OCF is ranked worse than
86.62% of 1009 companies
in the Transportation industry
Industry Median: 7.8 vs HSHP: 22.18

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-13), Himalaya Shipping's stock price is $14.92. Himalaya Shipping's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.630. Therefore, Himalaya Shipping's PE Ratio (TTM) for today is 23.68.


Himalaya Shipping  (NYSE:HSHP) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Himalaya Shipping's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.92/0.630
=23.68

Himalaya Shipping's share price for today is $14.92.
Himalaya Shipping's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.630.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Himalaya Shipping EV-to-OCF Related Terms


Himalaya Shipping EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Himalaya Shipping's EV-to-OCF 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.

Himalaya Shipping EV-to-OCF Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
0.00 -158.76 108.89 16.27 20.91

Himalaya Shipping Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 20.63 25.02 27.15 20.91 20.20

Himalaya Shipping EV-to-OCF Competitor Comparison

For the Marine Shipping subindustry, Himalaya Shipping's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Himalaya Shipping EV-to-OCF vs Transportation Industry

For the Transportation industry and Industrials sector, Himalaya Shipping's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Himalaya Shipping's EV-to-OCF falls into.


HSHP
58GF Score
Himalaya Shipping Ltd HSHP
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Himalaya Shipping EV-to-OCF Calculation

Himalaya Shipping's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1355.079/61.1
=22.18

Himalaya Shipping's current Enterprise Value is $1,355.1 Mil.
Himalaya Shipping's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $61.1 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 22.18 mean?
Himalaya Shipping (HSHP) has a EV-to-OCF of 22.18 as of Aug. 13, 2026. This is near median its historical median of 21.96. According to the industry distribution chart, Himalaya Shipping ranks #874 out of 1009 companies in the Transportation industry, placing it in the top 86.6%.
Is Himalaya Shipping's EV-to-OCF too high?
Himalaya Shipping's current EV-to-OCF of 22.18 is near median its 10-year median of 21.96. The Transportation industry median EV-to-OCF is 7.80. Himalaya Shipping's value of 22.18 is 184.4% above this industry median. Based on the distribution chart, Himalaya Shipping ranks #874 out of 1009 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Himalaya Shipping has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Himalaya Shipping's EV-to-OCF compare to competitors?
According to the Transportation industry distribution chart, Himalaya Shipping ranks #874 out of 1009 companies for EV-to-OCF. This places Himalaya Shipping in the lower half of its industry. The industry median EV-to-OCF is 7.80. Himalaya Shipping's value of 22.18 is 184.4% above this benchmark. While the company's 10-year median is 21.96 vs. the industry median of 7.80, Himalaya Shipping has consistently been above 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 EV-to-OCF for a Transportation company?
The median EV-to-OCF among Transportation companies is 7.80, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Himalaya Shipping's current EV-to-OCF of 22.18 is 184.4% above 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median EV-to-OCF is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himalaya Shipping's current EV-to-OCF is 22.18, which is near median its own 10-year median of 21.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalaya Shipping stock overvalued right now?
Based on GuruFocus' analysis, Himalaya Shipping (HSHP) is currently considered Fairly Valued. The stock's GF Value™ is $15.61, compared to a current price of $14.92 — trading 4.4% below its estimated fair value. The current EV-to-OCF is 22.18, which is near median its 10-year median of 21.96 and 184.4% above the Transportation industry median of 7.80. Himalaya Shipping's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Himalaya Shipping (HSHP), the current EV-to-OCF is 22.18 as of Aug. 13, 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 Himalaya Shipping (HSHP) Overvalued in 2026?

Based on GuruFocus' analysis, Himalaya Shipping stock appears to be undervalued. The current stock price of $14.92 is trading 4.4% below its estimated GF Value™ of $15.61. GuruFocus considers Himalaya Shipping to be Fairly Valued.

Key valuation signals for HSHP:

  • EV-to-OCF: 22.18 (near median its 10-year median of 21.96)
  • GF Value™: $15.61 vs. price of $14.92 (4.4% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 184.4% above the Transportation median (#874 of 1009)

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


Himalaya Shipping Business Description

Address 9 Par-la-Ville Road, 2nd Floor, S E Pearman Building, Hamilton, BMU, HM 11
Himalaya Shipping Ltd is engaged in the operation of dry bulk vessels and focuses on operating a fleet of Newcastlemax dry bulk carriers.
58GF Score

Get the complete analysis for HSHP

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

$14.92
Price
$15.61
GF Value