WallStSmart

Hafnia Limited (HAFN)vsNavios Maritime Partners LP Unit (NMM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hafnia Limited generates 72% more annual revenue ($2.41B vs $1.40B). NMM leads profitability with a 25.1% profit margin vs 19.0%. NMM trades at a lower P/E of 5.8x. NMM earns a higher WallStSmart Score of 76/100 (B+).

HAFN

Strong Buy

71

out of 100

Grade: B

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

NMM

Strong Buy

76

out of 100

Grade: B+

Growth: 7.3Profit: 8.0Value: 7.3Quality: 4.8
Piotroski: 3/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for HAFN.

NMMUndervalued (+28.7%)

Margin of Safety

+28.7%

Fair Value

$87.49

Current Price

$71.68

$15.81 discount

UndervaluedFair: $87.49Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

NMM6 strengths · Avg: 9.5/10
P/E RatioValuation
5.8x10/10

Attractively priced relative to earnings

Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
34.3%10/10

Strong operational efficiency at 34.3%

EPS GrowthGrowth
163.2%10/10

Earnings expanding 163.2% YoY

Profit MarginProfitability
25.1%9/10

Keeps 25 of every $100 in revenue as profit

Revenue GrowthGrowth
17.4%8/10

17.4% revenue growth

Areas to Watch

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

Weak financial health signals

NMM3 concerns · Avg: 3.3/10
PEG RatioValuation
2.194/10

Expensive relative to growth rate

Market CapQuality
$1.97B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : NMM

The strongest argument for NMM centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 25.1% and operating margin at 34.3%. Revenue growth of 17.4% demonstrates continued momentum.

Bear Case : HAFN

The primary concerns for HAFN are Piotroski F-Score.

Bear Case : NMM

The primary concerns for NMM are PEG Ratio, Market Cap, Piotroski F-Score.

Key Dynamics to Monitor

NMM carries more volatility with a beta of 1.06 — 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.

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

Bottom Line

NMM scores higher overall (76/100 vs 71/100), backed by strong 25.1% margins and 17.4% revenue growth. Both earn "Strong Buy" and "Strong 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.

Hafnia Limited

INDUSTRIALS · MARINE SHIPPING · USA

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

Navios Maritime Partners LP Unit

INDUSTRIALS · MARINE SHIPPING · USA

Navios Maritime Partners LP owns and operates dry cargo ships in Asia, Europe, North America and Australia. The company is headquartered in Monaco.

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