Comparing Himalaya Shipping (HSHP) & Its Rivals

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

Earnings and Valuation

This table compares Himalaya Shipping and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Himalaya Shipping	$112.30 million	$1.51 million	N/A
Himalaya Shipping Competitors	$830.45 million	$120.80 million	5.93

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

Risk and Volatility

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

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 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.

Dividends

Himalaya Shipping pays an annual dividend of $0.20 per share and has a dividend yield of 3.9%. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.6% and pay out 23.8% of their earnings in the form of a dividend.

Profitability

This table compares Himalaya Shipping and its peers’ 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 Ratings

This is a breakdown of recent ratings for Himalaya Shipping and its peers, 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	279	1681	1876	95	2.45

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 44.83%. Given Himalaya Shipping’s peers stronger consensus rating and higher possible upside, analysts plainly believe Himalaya Shipping has less favorable growth aspects than its peers.

Summary

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

Himalaya Shipping Company Profile

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.