Reviewing Himalaya Shipping (HSHP) and The Competition

Himalaya Shipping (NYSE:HSHP) is one of 57 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its rivals? We will compare Himalaya Shipping to related businesses based on the strength of its institutional ownership, analyst recommendations, earnings, valuation, risk, dividends and profitability.

Profitability

This table compares Himalaya Shipping and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Himalaya Shipping	21.93%	15.72%	3.14%
Himalaya Shipping Competitors	31.53%	16.20%	8.24%

Analyst Recommendations

This is a summary of recent ratings for Himalaya Shipping and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Himalaya Shipping	1	0	0	0	1.00
Himalaya Shipping Competitors	279	1678	1876	94	2.45

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 49.32%. Given Himalaya Shipping’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Himalaya Shipping has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

22.3% of Himalaya Shipping shares are owned by institutional investors. Comparatively, 43.7% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 14.5% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Volatility and Risk

Himalaya Shipping has a beta of 2.36, meaning that its stock price is 136% more volatile than the S&P 500. Comparatively, Himalaya Shipping’s rivals have a beta of 1.15, meaning that their average stock price is 15% more volatile than the S&P 500.

Valuation and Earnings

This table compares Himalaya Shipping and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Himalaya Shipping	$36.74 million	$1.51 million	N/A
Himalaya Shipping Competitors	$829.06 million	$120.80 million	5.81

Himalaya Shipping’s rivals have higher revenue and earnings than Himalaya Shipping.

Dividends

Himalaya Shipping pays an annual dividend of $0.20 per share and has a dividend yield of 4.1%. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.7% and pay out 23.8% of their earnings in the form of a dividend.

Summary

Himalaya Shipping rivals beat Himalaya Shipping on 12 of the 14 factors compared.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.