Head-To-Head Analysis: Hafnia (NYSE:HAFN) versus C3is (NASDAQ:CISS)

Hafnia (NYSE:HAFN) and C3is (NASDAQ:CISS) are both transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, valuation, dividends, analyst recommendations, institutional ownership and profitability.

Insider and Institutional Ownership

10.5% of C3is shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Hafnia and C3is’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hafnia	37.26%	18.74%	11.65%
C3is	20.51%	5.41%	4.07%

Risk and Volatility

Hafnia has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500. Comparatively, C3is has a beta of 1.62, suggesting that its stock price is 62% more volatile than the S&P 500.

Earnings & Valuation

This table compares Hafnia and C3is”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hafnia	$1.94 billion	1.63	$774.03 million	$0.85	7.31
C3is	$42.30 million	0.05	-$2.75 million	($18.04)	-0.12

Hafnia has higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than Hafnia, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Hafnia and C3is, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hafnia	0	1	1	0	2.50
C3is	0	0	0	0	0.00

Hafnia currently has a consensus price target of $6.50, suggesting a potential upside of 4.59%. Given Hafnia’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Hafnia is more favorable than C3is.

Summary

Hafnia beats C3is on 11 of the 13 factors compared between the two stocks.

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.

About C3is

C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.