Himalaya Shipping Ltd. (HSHP) intrinsic value & 10-year financials
Himalaya Shipping Ltd. (HSHP) has a Graham intrinsic value of $12.62 per share. Over the last 5 fiscal years revenue grew 89.5% a year to $131.9M, with an average return on invested capital of 5.1%.
- Graham intrinsic value
- $12.62
- Revenue (FY2025)
- $131.9M
- Revenue growth (5-yr CAGR)
- 89.5%
- ROIC (10-yr avg)
- 5.1%
- Free cash flow (FY2025)
- —
HSHP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $131.9M | $17.7M | $0.38 | — | 51.7% | 8.2% |
| FY2024 | $123.6M | $21.0M | $0.48 | — | 53.9% | 9.4% |
| FY2023 | $36.7M | $1.5M | $0.04 | — | 39.8% | 4.0% |
| FY2022 | $0 | -$2.0M | -$0.06 | — | — | -1.3% |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Himalaya Shipping Ltd. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Himalaya Shipping Ltd. has historically struggled to out-earn its cost of capital, averaging just 5.1% ROIC.
Himalaya Shipping Ltd. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Himalaya Shipping Ltd. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $12.62 per share.