WallStSmart

EuroDry Ltd (EDRY)vsHafnia Limited (HAFN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hafnia Limited generates 4207% more annual revenue ($2.41B vs $55.84M). HAFN leads profitability with a 19.0% profit margin vs -0.6%. HAFN earns a higher WallStSmart Score of 71/100 (B).

EDRY

Hold

43

out of 100

Grade: D

Growth: 4.7Profit: 4.0Value: 4.7Quality: 5.0
Piotroski: 4/9Altman Z: 1.07

HAFN

Strong Buy

71

out of 100

Grade: B

Growth: 8.0Profit: 7.5Value: 6.7Quality: 6.5
Piotroski: 3/9Altman Z: 2.25
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EDRYFair Value (-2.0%)

Margin of Safety

-2.0%

Fair Value

$14.04

Current Price

$22.41

$8.37 premium

UndervaluedFair: $14.04Overvalued

Intrinsic value data unavailable for HAFN.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EDRY2 strengths · Avg: 10.0/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
38.9%10/10

Revenue surging 38.9% year-over-year

HAFN5 strengths · Avg: 9.2/10
P/E RatioValuation
8.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
184.1%10/10

Earnings expanding 184.1% YoY

Operating MarginProfitability
22.3%8/10

Strong operational efficiency at 22.3%

Revenue GrowthGrowth
22.5%8/10

Revenue surging 22.5% year-over-year

Areas to Watch

EDRY4 concerns · Avg: 2.5/10
Market CapQuality
$64.78M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.073/10

Elevated debt levels

Return on EquityProfitability
-0.3%2/10

ROE of -0.3% — below average capital efficiency

EPS GrowthGrowth
-94.3%2/10

Earnings declined 94.3%

HAFN1 concerns · Avg: 3.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : EDRY

The strongest argument for EDRY centers on Price/Book, Revenue Growth. Revenue growth of 38.9% demonstrates continued momentum.

Bull Case : HAFN

The strongest argument for HAFN centers on P/E Ratio, Price/Book, EPS Growth. Profitability is solid with margins at 19.0% and operating margin at 22.3%. Revenue growth of 22.5% demonstrates continued momentum.

Bear Case : EDRY

The primary concerns for EDRY are Market Cap, Debt/Equity, Return on Equity.

Bear Case : HAFN

The primary concerns for HAFN are Piotroski F-Score.

Key Dynamics to Monitor

EDRY profiles as a hypergrowth stock while HAFN is a growth play — different risk/reward profiles.

EDRY carries more volatility with a beta of 0.68 — expect wider price swings.

EDRY is growing revenue faster at 38.9% — sustainability is the question.

HAFN generates stronger free cash flow (107M), providing more financial flexibility.

Bottom Line

HAFN scores higher overall (71/100 vs 43/100), backed by strong 19.0% margins and 22.5% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

EuroDry Ltd

INDUSTRIALS · MARINE SHIPPING · USA

EuroDry Ltd., provides shipping services worldwide. The company is headquartered in Marousi, Greece.

Hafnia Limited

INDUSTRIALS · MARINE SHIPPING · USA

Hafnia Limited owns and operates oil product tankers in Bermuda. The company is headquartered in Hamilton, Bermuda.

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