WallStSmart

Costamare Inc (CMRE)vsHafnia Limited (HAFN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hafnia Limited generates 178% more annual revenue ($2.41B vs $866.09M). CMRE leads profitability with a 39.8% profit margin vs 19.0%. CMRE trades at a lower P/E of 5.5x. HAFN earns a higher WallStSmart Score of 71/100 (B).

CMRE

Buy

59

out of 100

Grade: C

Growth: 2.0Profit: 8.5Value: 6.0Quality: 6.0
Piotroski: 5/9Altman Z: 1.78

HAFN

Strong Buy

71

out of 100

Grade: B

Growth: 8.0Profit: 7.5Value: 6.7Quality: 6.5
Piotroski: 3/9Altman Z: 2.25
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CMREFair Value (-4.6%)

Margin of Safety

-4.6%

Fair Value

$15.99

Current Price

$15.99

$0.00 premium

UndervaluedFair: $15.99Overvalued

Intrinsic value data unavailable for HAFN.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CMRE4 strengths · Avg: 10.0/10
P/E RatioValuation
5.5x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
39.8%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
46.3%10/10

Strong operational efficiency at 46.3%

HAFN5 strengths · Avg: 9.2/10
P/E RatioValuation
8.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
184.1%10/10

Earnings expanding 184.1% YoY

Operating MarginProfitability
22.3%8/10

Strong operational efficiency at 22.3%

Revenue GrowthGrowth
22.5%8/10

Revenue surging 22.5% year-over-year

Areas to Watch

CMRE4 concerns · Avg: 3.3/10
PEG RatioValuation
2.404/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.784/10

Distress zone — elevated risk

Market CapQuality
$1.89B3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-5.3%2/10

Revenue declined 5.3%

HAFN1 concerns · Avg: 3.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : CMRE

The strongest argument for CMRE centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 39.8% and operating margin at 46.3%.

Bull Case : HAFN

The strongest argument for HAFN centers on P/E Ratio, Price/Book, EPS Growth. Profitability is solid with margins at 19.0% and operating margin at 22.3%. Revenue growth of 22.5% demonstrates continued momentum.

Bear Case : CMRE

The primary concerns for CMRE are PEG Ratio, Altman Z-Score, Market Cap.

Bear Case : HAFN

The primary concerns for HAFN are Piotroski F-Score.

Key Dynamics to Monitor

CMRE profiles as a declining stock while HAFN is a growth play — different risk/reward profiles.

CMRE carries more volatility with a beta of 1.00 — expect wider price swings.

HAFN is growing revenue faster at 22.5% — sustainability is the question.

HAFN generates stronger free cash flow (107M), providing more financial flexibility.

Bottom Line

HAFN scores higher overall (71/100 vs 59/100), backed by strong 19.0% margins and 22.5% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Costamare Inc

INDUSTRIALS · MARINE SHIPPING · USA

Costamare Inc. owns and leases container ships to shipping companies around the world. The company is headquartered in Monaco.

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Hafnia Limited

INDUSTRIALS · MARINE SHIPPING · USA

Hafnia Limited owns and operates oil product tankers in Bermuda. The company is headquartered in Hamilton, Bermuda.

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