WallStSmart

Castor Maritime Inc (CTRM)vsHafnia Limited (HAFN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hafnia Limited generates 2840% more annual revenue ($2.41B vs $81.81M). CTRM leads profitability with a 23.5% profit margin vs 19.0%. CTRM trades at a lower P/E of 0.6x. HAFN earns a higher WallStSmart Score of 71/100 (B).

CTRM

Buy

62

out of 100

Grade: C+

Growth: 7.3Profit: 5.0Value: 8.3Quality: 9.0
Piotroski: 5/9Altman Z: 4.04

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

CTRMUndervalued (+73.1%)

Margin of Safety

+73.1%

Fair Value

$8.32

Current Price

$2.13

$6.19 discount

UndervaluedFair: $8.32Overvalued

Intrinsic value data unavailable for HAFN.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CTRM6 strengths · Avg: 9.8/10
P/E RatioValuation
0.6x10/10

Attractively priced relative to earnings

Price/BookValuation
0.0x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
39.6%10/10

Revenue surging 39.6% year-over-year

EPS GrowthGrowth
62.7%10/10

Earnings expanding 62.7% YoY

Altman Z-ScoreHealth
4.0410/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
23.5%9/10

Keeps 24 of every $100 in revenue as profit

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

CTRM2 concerns · Avg: 3.0/10
Market CapQuality
$20.58M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.6%3/10

ROE of 4.6% — below average capital efficiency

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

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : CTRM

The strongest argument for CTRM centers on P/E Ratio, Price/Book, Revenue Growth. Profitability is solid with margins at 23.5% and operating margin at 6.0%. Revenue growth of 39.6% demonstrates continued momentum.

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 : CTRM

The primary concerns for CTRM are Market Cap, Return on Equity.

Bear Case : HAFN

The primary concerns for HAFN are Piotroski F-Score.

Key Dynamics to Monitor

CTRM carries more volatility with a beta of 1.25 — expect wider price swings.

CTRM is growing revenue faster at 39.6% — sustainability is the question.

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

Monitor MARINE SHIPPING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

HAFN scores higher overall (71/100 vs 62/100), backed by strong 19.0% margins and 22.5% revenue growth. CTRM offers better value entry with a 73.1% margin of safety. 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.

Castor Maritime Inc

INDUSTRIALS · MARINE SHIPPING · USA

Castor Maritime Inc., is dedicated to shipping dry bulk cargo worldwide. The company is headquartered in Limassol, Cyprus.

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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