HAFN vs SFL vs STNG Stock Comparison

Hafnia, Sfl and Scorpio Tankers Prices as of Oct 28, 2026 Peers: Industry group
HAFN Hafnia Ltd
$10.84 +18.7% 1M +70.7% 1Y
Market cap
$5.44B
P/E
5.1x
Revenue (TTM)
$1.52B
Div. yield
–
Marine Shipping Industrials
2 wins
SFL SFL Corp Ltd.
$12.78 -0.5% 1M +75.1% 1Y
Market cap
$1.73B
P/E
26.7x
Revenue (TTM)
—
Div. yield
–
Marine Shipping Industrials
2 wins
STNG Scorpio Tankers Inc.
$88.76 +6.7% 1M +44.5% 1Y
Market cap
$4.30B
P/E
5.0x
Revenue (TTM)
$1.24B
Div. yield
–
Marine Shipping Industrials
6 wins

Head to Head

10 decided of 12

Scorpio Tankers leads on 6 of the 12 questions below (Scorpio Tankers 6, Hafnia 2, Sfl 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHAFNSFLSTNGLeader
Larger companyMarket capitalisation $5.44B $1.73B $4.30B HAFN
Cheaper on earningsLower P/E, profitable companies only 5.1x 26.7x 5.0x STNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.5x 23.2x 7.2x STNG
Faster revenue growthRevenue growth, trailing twelve months +30.5% — +39.5% STNG
More profitableNet margin, trailing twelve months 70.2% — 69.3% HAFN
Better return on capitalReturn on invested capital 19.3% — — –
Less leveragedLower net debt / EBITDA 0.7x 6.1x -1.3x STNG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +70.7% +75.1% +44.5% SFL
Better 5-year returnAnnualised price return, 5 years — +10.1%/yr +40.9%/yr STNG
Less volatileAnnualised volatility, 1 year 36.6% 30.9% 36.4% SFL
Higher overall scoreMean of the five percentile scores vs peers 74/100 45/100 75/100 STNG

Percentile Scorecard

HAFNSFLSTNG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHAFNSFLSTNG
Valuation 66 #47 of 136 30 #95 of 136 84 #22 of 136
Growth 68 #40 of 122 56 #54 of 122 79 #26 of 122
Profitability 92 #10 of 116 – 93 #9 of 116
Financial Health 78 #33 of 143 6 #134 of 143 94 #10 of 143
Shareholder Returns 68 #27 of 81 89 #10 of 81 25 #61 of 81
Overall 74 45 75
  • HAFN ranked among 150 companies in Transportation
  • SFL ranked among 150 companies in Transportation
  • STNG ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHAFNSFLSTNGSPY
1 month +18.7%-0.5%+6.7% +0.9%
3 months +42.8%+5.4%+13.0% +5.9%
6 months +23.3%+12.7%+9.5% +8.5%
Year to date +103.4%+63.6%+74.6% +13.3%
1 year +70.7%+75.1%+44.5% +12.4%
3 years +66.9%+18.2%+53.8% +88.1%
3 years, per year +18.6%+5.7%+15.4% +23.5%
5 years —+61.6%+454.1% +68.2%
5 years, per year —+10.1%+40.9% +11.0%
10 years —+0.1%+123.6% +263.4%
10 years, per year —+0.0%+8.4% +13.8%

Risk

MeasureHAFNSFLSTNGSPY
Volatility, 1Y 36.6%30.9%36.4% 12.7%
Downside volatility, 1Y 38.7%29.1%34.5% 12.7%
Beta vs S&P 500, 1Y 0.140.370.18 1.00
Return / volatility, 1Y 1.932.431.22 0.98
Max drawdown, 5Y -59.2%-52.6%-61.9% -25.4%
From 52-week high -0.8%-7.0%0.0% -0.9%
52-week high $10.93$13.74$88.77 $779.14
52-week low $5.21$7.19$49.51 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHAFNSFLSTNG
P/E now vs peer median 5.1xmedian 16.1x 26.2xmedian 16.1x 4.8xmedian 16.1x
P/S now vs peer median 3.6xmedian 0.9x —median 0.9x 3.7xmedian 0.9x
EV/EBITDA now vs peer median 6.9xmedian 8.6x 11.1xmedian 8.6x 2.6xmedian 8.6x
P/FCF now vs peer median 6.9xmedian 11.6x —median 11.6x 5.5xmedian 11.6x
P/B now vs peer median 2.0xmedian 1.2x 1.8xmedian 1.2x 1.2xmedian 1.2x
PEG now vs peer median —median 0.80 -1.45median 0.80 0.28median 0.80

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHAFNSFLSTNG
Revenue $1.52B – $1.24B
Gross profit $835.92M – $972.55M
Operating income $673.55M – $1.02B
Net income $658.69M $64.88M $956.23M
Free cash flow $781.70M – $833.30M
EPS (diluted) $2.12 $0.49 $17.55
Cash & equivalents $353.16M $113.10M $2.04B
Total debt $5.60B $2.38B $522.53M
Shares (diluted) 504.11M 133.06M 48.95M
Enterprise value $4.52B -$144.40B -$1.32B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHAFNSFLSTNG
P/E 5.1x 26.2x 4.8x
P/FCF 6.9x – 5.5x
P/Operating cash flow 7.7x – 5.5x
P/S 3.6x – 3.7x
P/B 2.0x 1.8x 1.2x
P/Tangible book 2.0x 1.8x 1.2x
EV/EBITDA 6.9x 11.1x 2.6x
EV/EBIT 9.0x 29.1x 3.0x
EV/Revenue 4.0x – 2.5x
EV/FCF 7.7x – 3.7x
EV/Operating cash flow 8.6x – 3.7x
PEG (3Y EPS CAGR) – -1.45 0.28

Growth

14 metrics
MetricHAFNSFLSTNG
Revenue growth (1Y) 30.5% – 39.5%
Revenue CAGR (3Y) – – -6.1%
Gross profit growth (1Y) 41.7% – 63.4%
Gross profit CAGR (3Y) – – -6.3%
Operating income growth (1Y) 43.5% – 221.8%
Operating income CAGR (3Y) – – 6.2%
Net income growth (1Y) 51.8% 82.4% 235.8%
Net income CAGR (3Y) – -18.9% 11.5%
EPS growth (1Y) 22.6% 78.2% 227.2%
EPS CAGR (3Y) – -18.0% 17.3%
Operating cash flow growth (1Y) -12.7% – 89.5%
Operating cash flow CAGR (3Y) – – -5.8%
Free cash flow growth (1Y) -3.9% – 89.5%
Free cash flow CAGR (3Y) – – -5.8%

Profitability

14 metrics
MetricHAFNSFLSTNG
Gross margin 55.0% – 78.4%
EBITDA margin 57.3% – 95.3%
Operating margin 44.3% – 82.2%
Pretax margin 43.4% – 77.7%
Net margin 70.2% – 69.3%
FCF margin 51.5% – 67.2%
Operating cash flow margin 46.3% – 67.2%
Return on equity 25.4% – 25.5%
Return on assets 16.5% – 20.5%
Return on invested capital 19.3% – –
Return on capital employed 20.2% – 22.4%
Asset turnover 0.4x – 0.3x
Cash conversion (OCF / net income) 1.1x – 0.9x
Stock comp / revenue 0.2% – 6.1%

Financial Health

11 metrics
MetricHAFNSFLSTNG
Debt / assets 24.9% 67.8% 11.1%
Debt / equity 0.4x 2.3x 0.1x
Net debt / EBITDA 0.7x 6.1x -1.3x
Debt / FCF 1.3x – 0.6x
Liabilities / assets 33.1% 70.6% 17.7%
Equity / assets 66.9% 29.4% 82.3%
Interest coverage 26.9x – 13.2x
Current ratio 1.7x 0.4x 20.7x
Quick ratio 1.5x 0.4x 19.9x
Cash ratio 0.5x 0.2x 17.9x
Altman Z-score 3.90 – 5.52

Shareholder Returns

7 metrics
MetricHAFNSFLSTNG
Dividend yield 10.3% 6.6% 2.0%
Net buyback yield -0.1% – 0.0%
Shareholder yield 10.2% 6.6% 2.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHAFNSFLSTNG
Forward P/E 7.5xFY2026 23.2xFY2026 7.2xFY2026
EPS, next fiscal year $1.45FY2026 $0.55FY2026 $12.28FY2026
EPS growth, next FY +113.2%FY2026 +450.0%FY2026 +122.9%FY2026
EPS growth, the year after -14.5% +76.4% -31.4%
Revenue, next fiscal year $1.36BFY2026 $691.35MFY2026 $1.29BFY2026
Revenue growth, next FY +42.6%FY2026 -5.7%FY2026 +43.2%FY2026
Revenue growth, the year after -11.3% +19.5% -21.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHAFNSFLSTNG
Held by institutions – 43.5% 79.3%
Institutions holding – 223 303
Change in shares held, QoQ – +15.8% +6.1%
Institutions buying – 133 185
Institutions selling – 55 80
Buyers to sellers – 2.42 2.31

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HAFNSFLSTNG
HAFN 1.00 0.59 0.73
SFL 0.59 1.00 0.52
STNG 0.73 0.52 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, HAFN, SFL and STNG?

Hafnia (HAFN) is the largest by market capitalisation: Hafnia (HAFN) $5.44B, Sfl (SFL) $1.73B, Scorpio Tankers (STNG) $4.30B.

Which stock is cheaper, HAFN, SFL and STNG?

Scorpio Tankers (STNG) trades on the lowest price-to-earnings ratio (Hafnia (HAFN) 5.1x, Sfl (SFL) 26.7x, Scorpio Tankers (STNG) 5.0x). On next year's consensus earnings, Scorpio Tankers (STNG) is cheapest (Hafnia (HAFN) 7.5x, Sfl (SFL) 23.2x, Scorpio Tankers (STNG) 7.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Scorpio Tankers (STNG) grew revenue fastest over the trailing twelve months: Hafnia (HAFN) +30.5%, Scorpio Tankers (STNG) +39.5%.

Which company is more profitable?

Hafnia (HAFN) has the highest net margin (Hafnia (HAFN) 70.2%, Scorpio Tankers (STNG) 69.3%).

Which stock has performed better?

Over the past year Sfl (SFL) returned the most: Hafnia (HAFN) +70.7%, Sfl (SFL) +75.1%, Scorpio Tankers (STNG) +44.5%. Over five years, Scorpio Tankers (STNG) compounded fastest (Sfl (SFL) +10.1%/yr, Scorpio Tankers (STNG) +40.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sfl (SFL) has been the steadiest (Hafnia (HAFN) 36.6%, Sfl (SFL) 30.9%, Scorpio Tankers (STNG) 36.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HAFN, SFL and STNG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Scorpio Tankers (STNG) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.