Havila Shipping ASA (OSL:HAVI) Net Margin %: -41.07% (As of Mar. 2026)


OSL:HAVI Havila Shipping ASA OSL:HAVI
50 GF Score
Price kr1.12
GF Value kr2.65
Valuation Possible Value Trap
! 3 Warning Signs
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What is Havila Shipping ASA Net Margin %?

Havila Shipping ASA OSL:HAVI +0.90% 50 Net Margin % is -41.07% as of Mar. 2026. GuruFocus rates OSL:HAVI with a GF Score™ of 50/100 and a GF Value™ of kr2.65 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, Havila Shipping ASA ranks worse than 91.5% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Havila Shipping ASA's Net Income for the three months ended in Mar. 2026 was kr-47.4 Mil. Havila Shipping ASA's Revenue for the three months ended in Mar. 2026 was kr115.5 Mil. Therefore, Havila Shipping ASA's net margin for the quarter that ended in Mar. 2026 was -41.07%.

The historical rank and industry rank for Havila Shipping ASA's Net Margin % or its related term are showing as below:

OSL:HAVI' s Net Margin % Range Over the Past 10 Years
Min: -200.53   Med: 1.76   Max: 183.11
Current: -9.93


OSL:HAVI's Net Margin % is ranked worse than
91.5% of 1000 companies
in the Transportation industry
Industry Median: 4.96 vs OSL:HAVI: -9.93

Havila Shipping ASA  (OSL:HAVI) 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.


Havila Shipping ASA Net Margin % Related Terms


Havila Shipping ASA Net Margin % Historical Data

* Premium members only.

The historical data trend for Havila Shipping 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.

Havila Shipping ASA Net Margin % Chart

Havila Shipping ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.74 -17.11 16.97 1.88 1.63

Havila Shipping ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 11.28 5.23 5.99 -19.43 -41.07

Havila Shipping ASA Net Margin % Competitor Comparison

For the Marine Shipping subindustry, Havila Shipping 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.


Havila Shipping ASA Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Havila Shipping ASA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Havila Shipping ASA's Net Margin % falls into.


OSL:HAVI
50GF Score
Havila Shipping ASA OSL:HAVI
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Havila Shipping ASA Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Havila Shipping ASA's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=10.028/616.586
=1.63 %

Havila Shipping ASA's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-47.439/115.499
=-41.07 %

* 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 Net Margin % →
What does a Net Margin % of -41.07% mean?
Havila Shipping ASA (OSL:HAVI) has a Net Margin % of -41.07% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Havila Shipping ASA and its competitors. According to the industry distribution chart, Havila Shipping ASA ranks #915 out of 1000 companies in the Transportation industry, placing it in the top 91.5%.
Is Havila Shipping ASA's Net Margin % too high?
Havila Shipping ASA's current Net Margin % is -41.07%. Based on the distribution chart, Havila Shipping ASA ranks #915 out of 1000 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Havila Shipping ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's Net Margin % compare to competitors?
According to the Transportation industry distribution chart, Havila Shipping ASA ranks #915 out of 1000 companies for Net Margin %. This places Havila Shipping ASA in the lower half of its industry. The industry median Net Margin % is 4.96. 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. 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 Havila Shipping 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. Havila Shipping ASA's current Net Margin % is -41.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (OSL:HAVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.65, compared to a current price of kr1.12 — trading 57.9% below its estimated fair value. The current Net Margin % is -41.07%. Havila Shipping ASA's overall GF Score™ is 50/100 with 3 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 Havila Shipping ASA (OSL:HAVI), the current Net Margin % is -41.07% 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 Havila Shipping ASA (OSL:HAVI) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued. The current stock price of kr1.12 is trading 57.9% below its estimated GF Value™ of kr2.65. GuruFocus considers Havila Shipping ASA to be Possible Value Trap.

Key valuation signals for OSL:HAVI:

  • Net Margin %: -41.07%
  • GF Value™: kr2.65 vs. price of kr1.12 (57.9% below fair value)
  • GF Score™: 50/100 with 3 warning signs

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


Havila Shipping ASA Business Description

Address Mjolstadnesvegen 24, Heroy, Fosnavag, NOR, 6092
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
50GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr1.12
Price
kr2.65
GF Value