WallStSmart

EuroDry Ltd (EDRY)vsHafnia Limited (HAFN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hafnia Limited generates 4151% more annual revenue ($2.22B vs $52.26M). HAFN leads profitability with a 13.9% profit margin vs -8.2%. HAFN earns a higher WallStSmart Score of 47/100 (D+).

EDRY

Hold

40

out of 100

Grade: D

Growth: 4.0Profit: 4.5Value: 5.0Quality: 5.0

HAFN

Hold

47

out of 100

Grade: D+

Growth: 3.3Profit: 6.5Value: 5.7Quality: 5.8
Piotroski: 2/9Altman Z: 2.23
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for EDRY.

HAFNSignificantly Overvalued (-59.8%)

Margin of Safety

-59.8%

Fair Value

$4.15

Current Price

$7.47

$3.32 premium

UndervaluedFair: $4.15Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EDRY3 strengths · Avg: 8.7/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
26.7%8/10

Strong operational efficiency at 26.7%

Revenue GrowthGrowth
19.9%8/10

19.9% revenue growth

HAFN2 strengths · Avg: 9.0/10
P/E RatioValuation
11.9x10/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Areas to Watch

EDRY4 concerns · Avg: 2.0/10
Market CapQuality
$55.93M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-3.6%2/10

ROE of -3.6% — below average capital efficiency

EPS GrowthGrowth
-94.3%2/10

Earnings declined 94.3%

Profit MarginProfitability
-8.2%1/10

Currently unprofitable

HAFN3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-18.5%2/10

Revenue declined 18.5%

EPS GrowthGrowth
-57.1%2/10

Earnings declined 57.1%

Comparative Analysis Report

WallStSmart Research

Bull Case : EDRY

The strongest argument for EDRY centers on Price/Book, Operating Margin, Revenue Growth. Revenue growth of 19.9% demonstrates continued momentum.

Bull Case : HAFN

The strongest argument for HAFN centers on P/E Ratio, Price/Book.

Bear Case : EDRY

The primary concerns for EDRY are Market Cap, Return on Equity, EPS Growth.

Bear Case : HAFN

The primary concerns for HAFN are Piotroski F-Score, Revenue Growth, EPS Growth.

Key Dynamics to Monitor

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

EDRY carries more volatility with a beta of 0.84 — expect wider price swings.

EDRY is growing revenue faster at 19.9% — sustainability is the question.

HAFN generates stronger free cash flow (113M), providing more financial flexibility.

Bottom Line

HAFN scores higher overall (47/100 vs 40/100). Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

EuroDry Ltd

INDUSTRIALS · MARINE SHIPPING · USA

EuroDry Ltd., provides shipping services worldwide. The company is headquartered in Marousi, Greece.

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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