Himalaya Shipping Stock Fundamentals
| HSHP Stock | 6.21 0.16 2.51% |
Himalaya Shipping fundamentals help investors to digest information that contributes to Himalaya Shipping's financial success or failures. It also enables traders to predict the movement of Himalaya Stock. The fundamental analysis module provides a way to measure Himalaya Shipping's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Himalaya Shipping stock.
Himalaya |
Himalaya Shipping Company Profit Margin Analysis
Himalaya Shipping's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Himalaya Shipping Profit Margin | 0.22 % |
Most of Himalaya Shipping's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Himalaya Shipping is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Himalaya Shipping has a Profit Margin of 0.2193%. This is 77.39% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The profit margin for all United States stocks is 117.27% lower than that of the firm.
Himalaya Shipping Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Himalaya Shipping's current stock value. Our valuation model uses many indicators to compare Himalaya Shipping value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Himalaya Shipping competition to find correlations between indicators driving Himalaya Shipping's intrinsic value. More Info.Himalaya Shipping is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Himalaya Shipping is roughly 3.13 . At this time, Himalaya Shipping's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Himalaya Shipping by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Himalaya Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Himalaya Shipping's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Himalaya Shipping could also be used in its relative valuation, which is a method of valuing Himalaya Shipping by comparing valuation metrics of similar companies.Himalaya Shipping is currently under evaluation in profit margin category among its peers.
Himalaya Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0538 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.60 % | ||||
| Current Valuation | 971.44 M | ||||
| Shares Outstanding | 43.9 M | ||||
| Shares Owned By Insiders | 32.30 % | ||||
| Shares Owned By Institutions | 18.48 % | ||||
| Number Of Shares Shorted | 595.35 K | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 2.48 X | ||||
| Revenue | 36.74 M | ||||
| EBITDA | 24.23 M | ||||
| Net Income | 1.51 M | ||||
| Total Debt | 439.5 M | ||||
| Book Value Per Share | 3.65 X | ||||
| Cash Flow From Operations | 9.52 M | ||||
| Short Ratio | 4.66 X | ||||
| Earnings Per Share | 0.58 X | ||||
| Target Price | 10.0 | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 278.08 M | ||||
| Total Asset | 599.21 M | ||||
| Retained Earnings | (1.48 M) | ||||
| Working Capital | 7.51 M | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 599.21 M |
About Himalaya Shipping Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Himalaya Shipping's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Himalaya Shipping using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Himalaya Shipping based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.00 | 1.05 | |
| Total Revenue | 36.7 M | 24.7 M | |
| Cost Of Revenue | 18.3 M | 10 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.09 | 0.08 | |
| Capex To Revenue | 10.50 | 9.34 | |
| Revenue Per Share | 0.86 | 0.76 | |
| Ebit Per Revenue | 0.36 | 0.32 |
Pair Trading with Himalaya Shipping
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Himalaya Shipping position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Himalaya Shipping will appreciate offsetting losses from the drop in the long position's value.Moving together with Himalaya Stock
Moving against Himalaya Stock
| 0.82 | ULTRF | Ultrapetrol Bahamas | PairCorr |
| 0.63 | HTCO | Caravelle International Symbol Change | PairCorr |
| 0.5 | SB-PC | Safe Bulkers | PairCorr |
| 0.5 | SB-PD | Safe Bulkers | PairCorr |
| 0.36 | ICON | Icon Energy Corp | PairCorr |
The ability to find closely correlated positions to Himalaya Shipping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Himalaya Shipping when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Himalaya Shipping - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Himalaya Shipping to buy it.
The correlation of Himalaya Shipping is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Himalaya Shipping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Himalaya Shipping moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Himalaya Shipping can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Himalaya Stock Analysis
When running Himalaya Shipping's price analysis, check to measure Himalaya Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Himalaya Shipping is operating at the current time. Most of Himalaya Shipping's value examination focuses on studying past and present price action to predict the probability of Himalaya Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Himalaya Shipping's price. Additionally, you may evaluate how the addition of Himalaya Shipping to your portfolios can decrease your overall portfolio volatility.