Norwegian shipping company operating pure car and truck carriers that transport vehicles and rolling cargo globally.
Norwegian shipping company operating pure car and truck carriers that transport vehicles and rolling cargo globally.
Moves vehicles and heavy machinery on its own roll-on roll-off ships, mostly under multi-year contracts with automakers that set volumes and rates, with the rest at spot rates. A newbuilding programme of ammonia-ready car carriers is renewing the fleet.
In one line: A Norwegian car-carrier shipping company transporting vehicles globally.
Moat: narrow (installed base, scale). Large modern PCTC fleet with capacity advantages amid tight global car-carrier vessel supply.
Headquarters: Oslo, Norway · Founded: 1927 · Employees: 1,763
Size Hoegh Autoliners (HAUTO.OL) is a Norway Industrials company (Marine Shipping) with a market value of $3.64B, the 25th largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 169.60 on 6 Nov 2026.
Performance Over six months the shares gained 19.9%, against +5.8% for the median peer and +2.7% for the Norway market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 4.3% over the last twelve months (peer median +8.5%); the operating margin is 30.2% (peer median 16.5%).
Valuation It trades at 9.6× forward earnings against a peer median of 8.1× (7th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -17 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.8 points above its cost of capital (9.1% WACC).
Next results Next results expected around 19 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NOK 14.4B | NOK 14.8B | NOK 14.7B | NOK 15.3B | NOK 12.2B |
| Revenue growth | — | 0% | -4% | +25% | — |
| Gross profit | NOK 4.60B | NOK 5.34B | NOK 6.27B | NOK 6.44B | NOK 3.01B |
| EBITDA | NOK 5.59B | NOK 6.44B | NOK 7.44B | NOK 7.77B | NOK 4.30B |
| Net income | NOK 4.19B | NOK 5.33B | NOK 6.66B | NOK 6.23B | NOK 2.87B |
| Free cash flow | NOK 2.85B | NOK 2.72B | NOK 2.96B | NOK 5.85B | NOK 2.44B |
| Capital expenditure | NOK 1.89B | NOK 2.94B | NOK 4.48B | NOK 1.88B | NOK 1.31B |
| Total debt | NOK 9.61B | NOK 9.37B | NOK 8.96B | NOK 5.18B | NOK 5.55B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Hoegh Autoliners HAUTO.OL | $3.64B | +20% | -4% | 30% | 9.6× | -0.1% |
| Wallenius Wilhelmsen WAWI.OL | $7.58B | +29% | -11% | 25% | 10.4× | -6.6% |
| Mitsui O.s.k. Lines 9104.T | $15.0B | +10% | +20% | 6% | 7.3× | n/a |
| Kawasaki Kisen Kaisha 9107.T | $11.0B | +17% | +11% | 8% | 9.4× | 7.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HAUTO.OL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.4% | -8.2% | 10th highest of 21 |
| 6-month return | +19.9% | +5.8% | 5th highest of 21 |
| Distance from 52-week high | -13.4% | -17.1% | 8th highest of 21 |
| Revenue growth (TTM) | -4.3% | +8.5% | 4th lowest of 20 |
| Operating margin | 30.2% | 16.5% | 6th highest of 21 |
| Forward P/E | 9.6× | 8.1× | 7th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -0.1% | 2.7% | 7th least demanding of 16 |
| Growth delivered (Del g) | +16.4% | +9.8% | 3rd highest of 16 |
| Hurdle (Req g minus delivered) | -16.5 pp | -8.7 pp | 5th least demanding of 16 |
| ROIC minus cost of capital | +7.8 pp | +0.7 pp | 5th highest of 21 |
| EV / EBITDA | 7.4× | 6.8× | 7th most expensive of 15 |
| Net debt / EBITDA | 1.3× | 0.9× | 7th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hoegh Autoliners HAUTO.OL | Norway | $3.64B | +20% | -4% | 30% | 9.6× | -0.1% | +16.4% |
| COSCO SHIPPING Development 2866.HK | Hong Kong | $3.84B | -22% | -2% | 13% | 3.6× | n/a | n/a |
| ZIM Integrated Shipping Services ZIM | United States | $3.37B | +5% | -25% | 6% | 3.7× | 2.7% | +11.6% |
| COSCO Shipping Specialized Carriers 600428.SS | China | $4.40B | +25% | +37% | 19% | 8.9× | -17.9% | +27.0% |
| Star Bulk Carriers SBLK | United States | $2.99B | 0% | +6% | 28% | 5.7× | -0.1% | +8.5% |
| Shenzhen Yan Tian Port 000088.SZ | China | $2.97B | +2% | +19% | 12% | 16.5× | 21.8% | +10.1% |
| Shanghai Jinjiang Shipping (Group) 601083.SS | China | $2.75B | +17% | +11% | 24% | 11.3× | -18.7% | +15.2% |
| Danaos DAC | United States | $2.70B | +10% | +2% | 48% | 5.3× | -8.7% | +17.7% |
| Capital Tankers CAPT.OL | Norway | $2.57B | +45% | n/a | 37% | 7.3× | n/a | n/a |
| Nanjing Tanker 601975.SS | China | $2.50B | -21% | +12% | 26% | 9.0× | -8.4% | +7.6% |
| T.S. Lines 2510.HK | Hong Kong | $2.48B | +38% | -4% | 19% | 5.8× | -6.9% | +9.8% |
| Navios Maritime Partners LP NMM | United States | $2.42B | +14% | +19% | 39% | 3.9× | n/a | n/a |
| Pacific Basin Shipping 2343.HK | Hong Kong | $2.22B | +6% | -6% | 6% | 9.0× | 7.9% | +7.3% |
| Yang Ming Marine Transport 2609.TW | Taiwan | $6.03B | +14% | -22% | 6% | 6.5× | n/a | n/a |
| Great Eastern Shipping GESHIP.NS | India | $2.16B | -8% | +24% | 42% | 5.1× | 8.2% | +10.1% |
| Wisdom Marine Lines 2637.TW | Taiwan | $2.13B | +28% | +10% | 33% | 9.1× | -1.8% | +7.2% |
| Matson MATX | United States | $6.34B | +16% | 0% | 14% | 10.9× | 11.8% | +7.0% |
| Kirby KEX | United States | $6.39B | -15% | +8% | 14% | 14.6× | 6.2% | +9.2% |
| PanOcean 028670.KS | South Korea | $1.91B | -12% | +24% | 9% | 5.0× | n/a | n/a |
| Clarkson CKN.L | United Kingdom | $1.90B | -5% | +15% | 14% | 13.9× | 5.2% | +12.0% |
| Sumitomo Warehouse 9303.T | Japan | $1.87B | +4% | +2% | 6% | 16.3× | 11.3% | +0.4% |