Comparing Hafnia (NYSE:HAFN) and C3is (NASDAQ:CISS)

C3is (NASDAQ:CISS) and Hafnia (NYSE:HAFN) are both transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, earnings, profitability, dividends, analyst recommendations and institutional ownership.

Profitability

This table compares C3is and Hafnia’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
C3is	20.51%	5.41%	4.07%
Hafnia	37.26%	18.74%	11.65%

Volatility & Risk

C3is has a beta of 1.61, indicating that its stock price is 61% more volatile than the S&P 500. Comparatively, Hafnia has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations and price targets for C3is and Hafnia, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
C3is	1	0	0	0	1.00
Hafnia	0	2	1	0	2.33

Hafnia has a consensus price target of $6.50, indicating a potential upside of 4.67%. Given Hafnia’s stronger consensus rating and higher possible upside, analysts plainly believe Hafnia is more favorable than C3is.

Earnings & Valuation

This table compares C3is and Hafnia”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
C3is	$42.30 million	0.05	-$2.75 million	($18.04)	-0.12
Hafnia	$1.94 billion	1.63	$774.03 million	$0.85	7.31

Hafnia has higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than Hafnia, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

10.5% of C3is shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Hafnia beats C3is on 11 of the 13 factors compared between the two stocks.

About C3is

C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.

About Hafnia

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.