Hafnia Limited (HAFN) Fair Value 2026

HAFN · Marine Shipping ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.5 /10

32 fundamental signals · 10 models active

Value Trap Risk

SAFE (17/100)

Quick Summary — As of 2026-08-27, Hafnia Limited (HAFN) trades at $8.29, versus a $14.44 median fair value across its 10 active models — 74.2% above the current price. QOC: 8.5/10. Value Trap Risk: 17/100 (SAFE). 10/13 models active.

Key Facts

Ticker
HAFN
Price
$8.29
Quality Score
8.5/10
Value Trap Risk
17/100
Models Active
10/13
Last Updated
Strength: Markov DDM suggests +304.8% upside with 31% confidence
Risk: Limited model coverage (10/13) may reduce confidence

Is Hafnia Limited (HAFN) Undervalued or Overvalued in 2026?

According to CirclFi’s 10-model valuation engine, Hafnia Limited (HAFN) appears undervalued as of : the median of 10 independent fair value estimates is $14.44, 74.2% above the current price of $8.29. Estimates range from $1.46 to $35.11. HAFN scores 8.5/10 on fundamental quality and 17/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. HAFN’s +74.2% gap is wider than that market norm, and the Marine Shipping sector median is -15.8%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Hafnia Limited Stock in 2026? →

What Fair Value Does Each Model Give HAFN?

10 Intrinsic Value Models vs. Current Price ($8.29)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Low Conviction
 $22.55 +172.0%
Scenario · Medium Conviction
 $25.27 +204.9%
Intrinsic · Medium Conviction
 $33.56 +304.8%
Intrinsic · Medium Conviction
 $15.14 +82.6%
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What Is HAFN's Fair Value Range?

Spread across 10 independent models · $1.46 to $35.11

CirclFi's 10 active models place Hafnia Limited (HAFN) between $1.46 and $35.11 per share, a spread of 233% of the median. The median of that range — $14.44 — is the fair value CirclFi publishes for HAFN, against a current price of $8.29.

Low · Dynamic NAVHigh · RCMH-DCF
$1.46median $14.44$35.11
Where the range comes from
Most bearish modelDynamic NAV$1.46
Most bullish modelRCMH-DCF$35.11
Model agreement8 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for HAFN. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on HAFN, not a CirclFi price target. How each model works →

What Is Hafnia Limited (HAFN) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the weight of evidence tilts decidedly bullish for Hafnia Limited. Trading at $8.29 against an estimated intrinsic value of $14.44, 8 of 10 active models flag meaningful upside of +74.2% at the median. The most optimistic model, RCMH-DCF, places fair value at $35.11 (+323.5%), while Dynamic NAV — the most conservative — estimates $1.46 (-82.4%). This +405.9% gap reflects genuine analytical uncertainty about Hafnia Limited's intrinsic worth.

What Do the Models Say About HAFN?

10 of 13 models are currently active for HAFN. Of these, 8 models suggest upside while 2 models suggest overvaluation. Taken together, their median fair value for HAFN is $14.44 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does HAFN Rank in Marine Shipping?

Among 37 Marine Shipping stocks, HAFN ranks #4 by Quality of Company score. CirclFi's QOC score of 8.5/10 evaluates 32 fundamental signals. A score of 8.5 places HAFN in the top tier.

Within the Marine Shipping space, Hafnia Limited competes in an environment where average transaction price (ATP) often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is HAFN a Value Trap?

CirclFi's Value Trap algorithm assigns HAFN a score of 17/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

10 of 13 models are active for Hafnia Limited. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Hafnia Limited is rated at 8.5/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +405.9% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every HAFN valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across HAFN's 10 active models, average confidence is 23%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Hafnia Limited Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Marine Shipping Stocks Should You Also Analyze?

9 related Marine Shipping stocks with 13-model coverage

GASSStealthGas Inc.QOC 9.0KEXKirby CorporationQOC 8.4CMRECostamare Inc.QOC 9.1MATXMatson, Inc.QOC 8.4GSLGlobal Ship Lease, Inc.QOC 9.4ASCArdmore Shipping CorporationQOC 8.2ECOOkeanis Eco Tankers Corp.QOC 7.6GLBSGlobus Maritime LimitedQOC 6.1SVRNOceanPal Inc.QOC 4.7

Read investment analysis: GASS · KEX · CMRE · MATX · GSL · ASC · ECO · GLBS · SVRN

Which Other Stocks Have a Similar Quality Score to HAFN?

7 companies across all industries closest to HAFN’s Quality of Company score of 8.5/10.

APEIAmerican Public Education, Inc.QOC 8.5PKGPackaging Corporation of AmericaQOC 8.5ROPRoper Technologies, Inc.QOC 8.5HRBH&R Block, Inc.QOC 8.5NICNicolet Bankshares, Inc.QOC 8.5CNMDCONMED CorporationQOC 8.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: APEI · PKG · ROP · HRB · NIC · CNMD · NVDA

What Else Do Investors Ask About Hafnia Limited’s Valuation?

What is Hafnia Limited's intrinsic value in 2026?

CirclFi puts Hafnia Limited (HAFN)'s intrinsic value at $14.44 — the median of 10 independent model estimates as of 2026-08-27, ranging from $1.46 to $35.11. The Quality of Company score is 8.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is HAFN overvalued or undervalued right now?

At $8.29, 8 of 10 active models suggest HAFN may be undervalued, while 2 indicate potential overvaluation. The median of all 10 fair value estimates is $14.44, 74.2% above the current price of $8.29 — a consensus view that HAFN is undervalued. The assessment depends on which methodology best fits Hafnia Limited's business model in Marine Shipping.

What does a Quality of Company score of 8.5 mean for HAFN?

Hafnia Limited's QOC of 8.5/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on HAFN?

CirclFi analyzes HAFN with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 10 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on HAFN?

Of the 10 models currently active on HAFN, RCMH-DCF is the most bullish at $35.11 per share, and Dynamic NAV is the most bearish at $1.46. CirclFi's published fair value for HAFN is the median of that range, $14.44, not either extreme. The gap between the two ends equals 233% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is HAFN a value trap in 2026?

Hafnia Limited's Value Trap score is 17/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 10-model valuation engine, Hafnia Limited (HAFN) has a median fair value of $14.44 — 74.2% above the current price of $8.29 — as of 2026-08-27.” Source: circlfi.com/stock/HAFN/ · Methodology
Primary sources for this HAFN valuation
  • Financial statements: Hafnia Limited 10-K and 10-Q filings on SEC EDGAR (CIK 0001815779) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for HAFN as of ; valuations recomputed .

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