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Himalaya Shipping Ltd. (HSHP.OL)

NOK149.40 -2.20 (-1.45%)
BM OSL Industrials Marine Shipping
Address S. E. Pearman Building HM 11
Hamilton, BM
CEO Lars-Christian Svensen
IPO 2022-03-04
ISIN BMG4660A1036

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Also trades on CBOE Europe · HSHPO.XD (NOK) Frankfurt Stock Exchange · J1X.F (EUR) New York Stock Exchange · HSHP (USD) Oslo Stock Exchange · HSHP.OL (NOK) Other OTC · HSPPF (USD) Stuttgart Stock Exchange · J1X.SG (EUR)
Description

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company serves major commodity trading, commodity and energy transition, and multi-modal transport companies. As of December 31, 2024, it owned and operated through a fleet of 12 Newcastlemax dry bulk vessels, each with capacity in the range of 210,000 dead weight tons. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK149.40 -2.20 (-1.45%)
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Volume Profile
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Liquidity & share structure
Average Volume
227.1K
Beta
0.96
Float Shares
31.62M
Free Float %
67.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-8.36% -9.86% +5.79% -2.23% +51.09% +48.20% +133.75% +125.34% +143.70% +143.70% +143.70%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
149.40
DCF (Unlevered) 787.27 +427.0%
DCF (Levered) 122.52 -18.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.13
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Marine Shipping: +2.8%
    +9.9% Q1'26: +51.9% (vs Q1'25)
  • EPS growth Marine Shipping: -1.4%
    -18.8% Q1'26: +178.6% (vs Q1'25)
  • FCF margin FCF growth · Marine Shipping: +26.4%
    +36.3% Q1'26: +29.2% (vs Q1'25)
  • EBIT margin Marine Shipping: +23.2%
    +51.7% Q1'26: +51.2% (vs Q1'25)
  • ROIC Marine Shipping: +6.9%
    +8.6% Q1'26: +44.4% (vs Q1'25)
  • Share dilution Marine Shipping: +0.0%
    +4.8% Q1'26: +6.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×
    6.87× Q1'26: 0.34× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.95) × ERP
WACC = 49% × Ke + 51% × Kd (7.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 789.35 Current price: 149.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
3 EPS Ana.
Dec 2027
4 Rev. Ana.
4 EPS Ana.
Dec 2028
2 Rev. Ana.
3 EPS Ana.
Revenue
36.74M
est: 37.36M (-1.7%)
123.58M
est: 125.72M (-1.7%)
135.77M
est: 130.25M (+4.2%)
184.18M
174.15M – 191.37M
+41.4% YoY
170.49M
134.07M – 197.71M
-7.4% YoY
172.09M
149.47M – 188.85M
+0.9% YoY
EBITDA
24.23M
est: 31.96M (-24.2%)
94.17M
est: 104.60M (-10.0%)
100.26M
est: 108.37M (-7.5%)
153.24M
144.90M – 159.22M
+41.4% YoY
141.85M
111.54M – 164.50M
-7.4% YoY
143.18M
124.36M – 157.13M
+0.9% YoY
EBIT
15.12M
est: 27.64M (-45.3%)
67.69M
est: 87.41M (-22.6%)
70.20M
est: 90.56M (-22.5%)
128.05M
121.08M – 133.05M
+41.4% YoY
118.53M
93.21M – 137.46M
-7.4% YoY
119.65M
103.92M – 131.30M
+0.9% YoY
Net Income
1.51M
est: 2.38M (-36.5%)
21.04M
est: 25.92M (-18.8%)
18.22M
est: 17.96M (+1.4%)
77.83M
68.34M – 84.15M
+333.3% YoY
65.75M
29.90M – 94.07M
-15.5% YoY
68.01M
56.39M – 76.62M
+3.4% YoY
SGA
3.85M
est: 20.04M (-80.8%)
5.03M
est: 55.18M (-90.9%)
6.69M
est: 57.17M (-88.3%)
80.84M
76.44M – 84.00M
+41.4% YoY
74.83M
58.85M – 86.78M
-7.4% YoY
75.54M
65.61M – 82.89M
+0.9% YoY
EPS
0.04
est: 0.05 (-27.8%)
0.48
est: 0.56 (-14.8%)
0.40
est: 0.39 (+2.5%)
1.69
1.49 – 1.83
+333.3% YoY
1.43
0.65 – 2.04
-15.5% YoY
1.48
1.23 – 1.67
+3.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 A- 4/5 4/5 5/5 4/5 3/5 3/5 2/5
2026-05-21 B 3/5 4/5 4/5 3/5 1/5 2/5 2/5
2026-05-20 B 3/5 4/5 4/5 3/5 1/5 2/5 2/5
2026-05-19 B 3/5 4/5 4/5 3/5 1/5 2/5 2/5
2026-05-18 B 3/5 4/5 4/5 3/5 1/5 2/5 2/5
2026-05-15 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-13 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-12 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-11 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-08 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-07 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-06 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-05 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-04 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-30 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-04-29 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-04-28 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-04-27 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-24 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-23 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-22 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-21 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-20 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-17 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-16 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
125.56M
OE per share TTM
2.68
Owner's Yield
2.04%
Maintenance CapEx ratio
782.48%
Maint CapEx / Avg PPE
844.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares U.S. Small Cap Index ETF (CAD-Hedged) XSU.TO 0.01% 78.2K 0.36%
2 Dimensional - International Small Cap ETF DFIS 0.01% 536.7K 0.39%
3 Dimensional - International Core Equity Market ETF DFAI 0.00% 341.2K 0.18%
4 Dimensional - International Core Equity 2 ETF DFIC 0.00% 106.1K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
23.40M
Shares Outstanding
46.97M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Alfi Lao Chief Accounting Officer & Financial Controller female
Christian Dahll Contracted Chief Operational Officer male
Kseniia Sheiko Financial Controller of Bulkers Management AS - Manager female
Lars-Christian Svensen Contracted Chief Executive Officer male
Mi Hong Yoon Company Secretary & Director female
Olav Eikrem Chief Technology Officer of 2020 Bulkers Management AS - Manager male
Vidar Hasund Contracted Chief Financial Officer & Advisor to Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits