Himalaya Shipping (HSHP) versus Its Competitors Head-To-Head Comparison

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

Risk & Volatility

Himalaya Shipping has a beta of 2.57, suggesting that its stock price is 157% more volatile than the S&P 500. Comparatively, Himalaya Shipping’s rivals have a beta of 1.12, suggesting that their average stock price is 12% more volatile than the S&P 500.

Institutional & Insider 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 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.

Earnings and Valuation

This table compares Himalaya Shipping and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Himalaya Shipping	$112.30 million	$1.51 million	2.55
Himalaya Shipping Competitors	$836.15 million	$120.80 million	5.87

Himalaya Shipping’s rivals have higher revenue and earnings than Himalaya Shipping. Himalaya Shipping is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Dividends

Himalaya Shipping pays an annual dividend of $0.20 per share and has a dividend yield of 4.0%. Himalaya Shipping pays out 10.3% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.6% and pay out 23.6% of their earnings in the form of a dividend.

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 breakdown of recent ratings and price targets for Himalaya Shipping and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Himalaya Shipping	1	0	0	0	1.00
Himalaya Shipping Competitors	280	1685	1876	95	2.45

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 46.68%. 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.

Summary

Himalaya Shipping rivals beat Himalaya Shipping on 13 of the 15 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.