FLEX LNG LTD (FLNG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FLNG - BMG359472021 - Common Stock
24.96 USD
-0.19 (-0.76%)
Taking everything into account, FLNG scores 5 out of 10 in our fundamental rating. FLNG was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While FLNG belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FLNG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FLNG was profitable.
In the past year FLNG had a positive cash flow from operations.
Each year in the past 5 years FLNG has been profitable.
FLNG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FLNG has a Return On Assets (3.68%) which is comparable to the rest of the industry.
FLNG has a Return On Equity of 13.34%. This is in the better half of the industry: FLNG outperforms 73.81% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.77%, FLNG is in line with its industry, outperforming 51.90% of the companies in the same industry.
FLNG had an Average Return On Invested Capital over the past 3 years of 6.40%. This is significantly below the industry average of 21.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 13.34% | ||
| ROIC | 5.77% |
ROA(3y)5.29%
ROA(5y)4.5%
ROE(3y)16.49%
ROE(5y)13.74%
ROIC(3y)6.4%
ROIC(5y)5.69%
1.3 Margins
Looking at the Profit Margin, with a value of 28.05%, FLNG belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Profit Margin of FLNG has grown nicely.
With an excellent Operating Margin value of 52.15%, FLNG belongs to the best of the industry, outperforming 92.38% of the companies in the same industry.
In the last couple of years the Operating Margin of FLNG has grown nicely.
FLNG's Gross Margin of 79.31% is amongst the best of the industry. FLNG outperforms 89.52% of its industry peers.
In the last couple of years the Gross Margin of FLNG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.15% | ||
| PM (TTM) | 28.05% | ||
| GM | 79.31% |
OM growth 3Y-1.78%
OM growth 5Y3.9%
PM growth 3Y-11.24%
PM growth 5Y18.48%
GM growth 3Y-0.73%
GM growth 5Y-0.23%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FLNG is destroying value.
The number of shares outstanding for FLNG has been increased compared to 1 year ago.
Compared to 5 years ago, FLNG has about the same amount of shares outstanding.
The debt/assets ratio for FLNG is higher compared to a year ago.
2.2 Solvency
FLNG has an Altman-Z score of 0.83. This is a bad value and indicates that FLNG is not financially healthy and even has some risk of bankruptcy.
FLNG has a Altman-Z score of 0.83. This is comparable to the rest of the industry: FLNG outperforms 43.81% of its industry peers.
FLNG has a debt to FCF ratio of 11.97. This is a negative value and a sign of low solvency as FLNG would need 11.97 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.97, FLNG is in line with its industry, outperforming 51.90% of the companies in the same industry.
FLNG has a Debt/Equity ratio of 2.39. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.39, FLNG is not doing good in the industry: 84.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.39 | ||
| Debt/FCF | 11.97 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.71
WACC8.14%
2.3 Liquidity
FLNG has a Current Ratio of 3.10. This indicates that FLNG is financially healthy and has no problem in meeting its short term obligations.
FLNG has a Current ratio of 3.10. This is amongst the best in the industry. FLNG outperforms 84.76% of its industry peers.
FLNG has a Quick Ratio of 3.05. This indicates that FLNG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.05, FLNG belongs to the top of the industry, outperforming 85.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.1 | ||
| Quick Ratio | 3.05 |
3. Growth
3.1 Past
The earnings per share for FLNG have decreased strongly by -19.68% in the last year.
The Earnings Per Share has been growing by 46.48% on average over the past years. This is a very strong growth
Looking at the last year, FLNG shows a decrease in Revenue. The Revenue has decreased by -3.20% in the last year.
The Revenue has been growing by 24.33% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-19.68%
EPS 3Y-4.38%
EPS 5Y46.48%
EPS Q2Q%-18.87%
Revenue 1Y (TTM)-3.2%
Revenue growth 3Y1.24%
Revenue growth 5Y24.33%
Sales Q2Q%-5.29%
3.2 Future
FLNG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.19% yearly.
FLNG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.30% yearly.
EPS Next Y-17.51%
EPS Next 2Y-8.48%
EPS Next 3Y0.19%
EPS Next 5YN/A
Revenue Next Year-5.07%
Revenue Next 2Y-1.19%
Revenue Next 3Y0.3%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.48, which indicates a correct valuation of FLNG.
Based on the Price/Earnings ratio, FLNG is valued a bit cheaper than 62.86% of the companies in the same industry.
When comparing the Price/Earnings ratio of FLNG to the average of the S&P500 Index (26.39), we can say FLNG is valued rather cheaply.
FLNG is valuated correctly with a Price/Forward Earnings ratio of 12.63.
The rest of the industry has a similar Price/Forward Earnings ratio as FLNG.
The average S&P500 Price/Forward Earnings ratio is at 23.84. FLNG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.48 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FLNG is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, FLNG is valued cheaply inside the industry as 81.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.69 | ||
| EV/EBITDA | 10.68 |
4.3 Compensation for Growth
FLNG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y-8.48%
EPS Next 3Y0.19%
5. Dividend
5.1 Amount
FLNG has a Yearly Dividend Yield of 11.86%, which is a nice return.
FLNG's Dividend Yield is rather good when compared to the industry average which is at 3.95. FLNG pays more dividend than 94.29% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, FLNG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.86% |
5.2 History
On average, the dividend of FLNG grows each year by 97.42%, which is quite nice.
FLNG has been paying a dividend for over 5 years, so it has already some track record.
The dividend of FLNG decreased recently.
Dividend Growth(5Y)97.42%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FLNG pays out 164.77% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FLNG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP164.77%
EPS Next 2Y-8.48%
EPS Next 3Y0.19%
NYSE:FLNG (12/22/2025, 10:07:55 AM)
24.96
-0.19 (-0.76%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.3%
Inst Owner Change11.86%
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap1.36B
Revenue(TTM)351.03M
Net Income(TTM)98.48M
Analysts50.91
Price Target25.83 (3.49%)
Short Float %8.72%
Short Ratio7.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.86% |
Yearly Dividend3
Dividend Growth(5Y)97.42%
DP164.77%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.91%
Min EPS beat(2)-8.35%
Max EPS beat(2)6.53%
EPS beat(4)3
Avg EPS beat(4)1.35%
Min EPS beat(4)-8.35%
Max EPS beat(4)7.17%
EPS beat(8)5
Avg EPS beat(8)2.63%
EPS beat(12)6
Avg EPS beat(12)2.53%
EPS beat(16)8
Avg EPS beat(16)0.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.31%
Min Revenue beat(2)-1.37%
Max Revenue beat(2)0.75%
Revenue beat(4)1
Avg Revenue beat(4)-0.65%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)0.75%
Revenue beat(8)1
Avg Revenue beat(8)-1.58%
Revenue beat(12)2
Avg Revenue beat(12)-1.49%
Revenue beat(16)3
Avg Revenue beat(16)-1.63%
PT rev (1m)5.5%
PT rev (3m)-7.85%
EPS NQ rev (1m)-2.75%
EPS NQ rev (3m)-7.09%
EPS NY rev (1m)-1.95%
EPS NY rev (3m)-1.36%
Revenue NQ rev (1m)-0.59%
Revenue NQ rev (3m)-2.68%
Revenue NY rev (1m)-2.58%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.48 | ||
| Fwd PE | 12.63 | ||
| P/S | 3.88 | ||
| P/FCF | 8.69 | ||
| P/OCF | 8.69 | ||
| P/B | 1.84 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 10.68 |
EPS(TTM)2
EY8.01%
EPS(NY)1.98
Fwd EY7.92%
FCF(TTM)2.87
FCFY11.51%
OCF(TTM)2.87
OCFY11.51%
SpS6.44
BVpS13.54
TBVpS13.54
PEG (NY)N/A
PEG (5Y)0.27
Graham Number24.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 13.34% | ||
| ROCE | 7.31% | ||
| ROIC | 5.77% | ||
| ROICexc | 7.14% | ||
| ROICexgc | 7.14% | ||
| OM | 52.15% | ||
| PM (TTM) | 28.05% | ||
| GM | 79.31% | ||
| FCFM | 44.61% |
ROA(3y)5.29%
ROA(5y)4.5%
ROE(3y)16.49%
ROE(5y)13.74%
ROIC(3y)6.4%
ROIC(5y)5.69%
ROICexc(3y)7.59%
ROICexc(5y)6.55%
ROICexgc(3y)7.59%
ROICexgc(5y)6.55%
ROCE(3y)8.11%
ROCE(5y)7.21%
ROICexgc growth 3Y2.05%
ROICexgc growth 5Y20.33%
ROICexc growth 3Y2.05%
ROICexc growth 5Y20.33%
OM growth 3Y-1.78%
OM growth 5Y3.9%
PM growth 3Y-11.24%
PM growth 5Y18.48%
GM growth 3Y-0.73%
GM growth 5Y-0.23%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.39 | ||
| Debt/FCF | 11.97 | ||
| Debt/EBITDA | 6.82 | ||
| Cap/Depr | 0% | ||
| Cap/Sales | 0% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.45% | ||
| Profit Quality | 159% | ||
| Current Ratio | 3.1 | ||
| Quick Ratio | 3.05 | ||
| Altman-Z | 0.83 |
F-Score5
WACC8.14%
ROIC/WACC0.71
Cap/Depr(3y)0%
Cap/Depr(5y)406.61%
Cap/Sales(3y)0%
Cap/Sales(5y)99.57%
Profit Quality(3y)139.36%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.68%
EPS 3Y-4.38%
EPS 5Y46.48%
EPS Q2Q%-18.87%
EPS Next Y-17.51%
EPS Next 2Y-8.48%
EPS Next 3Y0.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.2%
Revenue growth 3Y1.24%
Revenue growth 5Y24.33%
Sales Q2Q%-5.29%
Revenue Next Year-5.07%
Revenue Next 2Y-1.19%
Revenue Next 3Y0.3%
Revenue Next 5YN/A
EBIT growth 1Y-10.98%
EBIT growth 3Y-0.56%
EBIT growth 5Y29.17%
EBIT Next Year27.38%
EBIT Next 3Y11.28%
EBIT Next 5YN/A
FCF growth 1Y-10.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.07%
OCF growth 3Y-5.24%
OCF growth 5Y28.82%
FLEX LNG LTD / FLNG FAQ
Can you provide the ChartMill fundamental rating for FLEX LNG LTD?
ChartMill assigns a fundamental rating of 5 / 10 to FLNG.
Can you provide the valuation status for FLEX LNG LTD?
ChartMill assigns a valuation rating of 5 / 10 to FLEX LNG LTD (FLNG). This can be considered as Fairly Valued.
How profitable is FLEX LNG LTD (FLNG) stock?
FLEX LNG LTD (FLNG) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for FLNG stock?
The Earnings per Share (EPS) of FLEX LNG LTD (FLNG) is expected to decline by -17.51% in the next year.
Can you provide the dividend sustainability for FLNG stock?
The dividend rating of FLEX LNG LTD (FLNG) is 5 / 10 and the dividend payout ratio is 164.77%.