HAV Group ASAOSL:HAV 63 Net Margin % is 1.89% as of Mar. 2026, which is 1012% above its 10-year median of 0.17. GuruFocus rates OSL:HAV with a GF Score™ of 63/100 and a GF Value™ of kr12.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,000 Transportation companies, HAV Group ASA ranks worse than 73.4% on this metric.
Net margin is calculated as Net Income divided by its Revenue. HAV Group ASA's Net Income for the
three
months ended in Mar. 2026 was kr4.4 Mil. HAV Group ASA's Revenue for the
three
months ended in Mar. 2026 was kr233.1 Mil. Therefore, HAV Group ASA's net margin for the quarter that ended in Mar. 2026 was 1.89%.
The historical rank and industry rank for HAV Group ASA's Net Margin % or its related term are showing as below:
OSL:HAV'
s Net Margin % Range Over the Past 10 Years
Min: -8.57 Med: 0.17 Max: 8.26
Current: 1.29
OSL:HAV's Net Margin % is ranked worse than 73.4% of 1000
companies
in the Transportation industry
Industry Median: 4.96
vs OSL:HAV: 1.29
HAV Group ASA (OSL:HAV) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
HAV Group ASA Net Margin % Related Terms
HAV Group ASA Net Margin % Historical Data
* Premium members only.
The historical data trend for HAV Group ASA's Net Margin % 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.
For the Marine Shipping subindustry, HAV Group ASA's Net Margin %, along with its competitors' market caps and Net Margin % 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.
HAV Group ASA Net Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, HAV Group ASA's Net Margin % distribution charts can be found below:
* The bar in red indicates where HAV Group ASA's Net Margin % falls into.
* 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.
HAV Group ASA (OSL:HAV) has a Net Margin % of 1.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on HAV Group ASA and its competitors. This is 1012% above median its historical median of 0.17. According to the industry distribution chart, HAV Group ASA ranks #734 out of 1000 companies in the Transportation industry, placing it in the top 73.4%.
Is HAV Group ASA's Net Margin % too high?
HAV Group ASA's current Net Margin % of 1.89% is 1012% above median its 10-year median of 0.17. The Transportation industry median Net Margin % is 4.96. HAV Group ASA's value of 1.89% is 61.9% below this industry median. Based on the distribution chart, HAV Group ASA ranks #734 out of 1000 companies in the Transportation industry, which is below the industry midpoint. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Net Margin % compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #734 out of 1000 companies for Net Margin %. This places HAV Group ASA in the lower half of its industry. The industry median Net Margin % is 4.96. HAV Group ASA's value of 1.89% is 61.9% below this benchmark. While the company's 10-year median is 0.17 vs. the industry median of 4.96, HAV Group ASA 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 Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.96, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HAV Group ASA's current Net Margin % of 1.89% is 61.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on HAV Group ASA and its competitors. For the Transportation industry, the median Net Margin % is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current Net Margin % is 1.89%, which is 1012% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Fairly Valued. The stock's GF Value™ is kr12.47, compared to a current price of kr13.50 — trading 8.3% above its estimated fair value. The current Net Margin % is 1.89%, which is 1012% above median its 10-year median of 0.17 and 61.9% below the Transportation industry median of 4.96. HAV Group ASA's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current Net Margin % is 1.89% 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 HAV Group ASA (OSL:HAV) Overvalued in 2026?
Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued.
The current stock price of kr13.50 is trading 8.3% above its estimated GF Value™ of kr12.47.
GuruFocus considers HAV Group ASA to be Fairly Valued.
Key valuation signals for OSL:HAV:
Net Margin %: 1.89% (1012% above median its 10-year median of 0.17)
GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
Industry Position: 61.9% below the Transportation median (#734 of 1000)
No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score
Get the complete analysis for OSL:HAV
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:HAV has been successfully added to your 
