FLEX LNG LTD (FLNG) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:FLNG • BMG359472021

26.57 USD
+0.14 (+0.53%)
Last: Feb 10, 2026, 11:25 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

FLNG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 206 industry peers in the Oil, Gas & Consumable Fuels industry. FLNG has an excellent profitability rating, but there are some minor concerns on its financial health. FLNG is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

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.
  • Each year in the past 5 years FLNG had a positive operating cash flow.
FLNG Yearly Net Income VS EBIT VS OCF VS FCFFLNG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M -600M

1.2 Ratios

  • FLNG's Return On Assets of 3.68% is in line compared to the rest of the industry. FLNG outperforms 53.40% of its industry peers.
  • FLNG has a Return On Equity of 13.34%. This is in the better half of the industry: FLNG outperforms 72.82% of its industry peers.
  • FLNG has a Return On Invested Capital (5.77%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for FLNG is significantly below the industry average of 22.01%.
Industry RankSector 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%
FLNG Yearly ROA, ROE, ROICFLNG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

  • With an excellent Profit Margin value of 28.05%, FLNG belongs to the best of the industry, outperforming 85.44% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FLNG has grown nicely.
  • FLNG has a better Operating Margin (52.15%) than 92.72% of its industry peers.
  • FLNG's Operating Margin has improved in the last couple of years.
  • FLNG has a better Gross Margin (79.31%) than 89.32% of its industry peers.
  • FLNG's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
FLNG Yearly Profit, Operating, Gross MarginsFLNG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60 80

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4

2. Health

2.1 Basic Checks

  • FLNG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • FLNG has more shares outstanding than it did 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.
FLNG Yearly Shares OutstandingFLNG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
FLNG Yearly Total Debt VS Total AssetsFLNG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • FLNG has an Altman-Z score of 0.85. 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 0.85. This is comparable to the rest of the industry: FLNG outperforms 43.20% of its industry peers.
  • The Debt to FCF ratio of FLNG is 11.97, which is on the high side as it means it would take FLNG, 11.97 years of fcf income to pay off 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 51.46% 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.
  • Looking at the Debt to Equity ratio, with a value of 2.39, FLNG is doing worse than 83.50% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.39
Debt/FCF 11.97
Altman-Z 0.85
ROIC/WACC0.82
WACC7.05%
FLNG Yearly LT Debt VS Equity VS FCFFLNG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 3.10 indicates that FLNG has no problem at all paying its short term obligations.
  • FLNG has a Current ratio of 3.10. This is amongst the best in the industry. FLNG outperforms 83.50% of its industry peers.
  • A Quick Ratio of 3.05 indicates that FLNG has no problem at all paying its short term obligations.
  • FLNG's Quick ratio of 3.05 is amongst the best of the industry. FLNG outperforms 83.98% of its industry peers.
Industry RankSector Rank
Current Ratio 3.1
Quick Ratio 3.05
FLNG Yearly Current Assets VS Current LiabilitesFLNG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

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
  • FLNG shows a decrease in Revenue. In the last year, the revenue decreased by -3.20%.
  • FLNG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.33% yearly.
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

  • Based on estimates for the next years, FLNG will show a decrease in Earnings Per Share. The EPS will decrease by -0.40% on average per year.
  • Based on estimates for the next years, FLNG will show a decrease in Revenue. The Revenue will decrease by 0.00% on average per year.
EPS Next Y-17.54%
EPS Next 2Y-8.2%
EPS Next 3Y-0.4%
EPS Next 5YN/A
Revenue Next Year-5.18%
Revenue Next 2Y-1.24%
Revenue Next 3Y0%
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.
FLNG Yearly Revenue VS EstimatesFLNG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
FLNG Yearly EPS VS EstimatesFLNG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • FLNG is valuated correctly with a Price/Earnings ratio of 13.29.
  • FLNG's Price/Earnings ratio is a bit cheaper when compared to the industry. FLNG is cheaper than 68.93% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.06, FLNG is valued rather cheaply.
  • A Price/Forward Earnings ratio of 13.36 indicates a correct valuation of FLNG.
  • 65.53% of the companies in the same industry are more expensive than FLNG, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of FLNG to the average of the S&P500 Index (27.86), we can say FLNG is valued rather cheaply.
Industry RankSector Rank
PE 13.29
Fwd PE 13.36
FLNG Price Earnings VS Forward Price EarningsFLNG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as FLNG.
  • FLNG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FLNG is cheaper than 85.44% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.25
EV/EBITDA 10.95
FLNG Per share dataFLNG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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)0.29
EPS Next 2Y-8.2%
EPS Next 3Y-0.4%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • FLNG has a Yearly Dividend Yield of 11.49%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.64, FLNG pays a better dividend. On top of this FLNG pays more dividend than 95.15% of the companies listed in the same industry.
  • FLNG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 11.49%

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.
  • FLNG has decreased its dividend recently.
Dividend Growth(5Y)97.42%
Div Incr Years1
Div Non Decr Years1
FLNG Yearly Dividends per shareFLNG Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3 4

5.3 Sustainability

  • 164.77% of the earnings are spent on dividend by FLNG. This is not a sustainable payout ratio.
  • The Dividend Rate of FLNG has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP164.77%
EPS Next 2Y-8.2%
EPS Next 3Y-0.4%
FLNG Yearly Income VS Free CF VS DividendFLNG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M -600M
FLNG Dividend Payout.FLNG Dividend Payout, showing the Payout Ratio.FLNG Dividend Payout.PayoutRetained Earnings

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FLEX LNG LTD

NYSE:FLNG (2/10/2026, 11:25:30 AM)

26.57

+0.14 (+0.53%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-12
Earnings (Next)02-11
Inst Owners22.18%
Inst Owner Change0.61%
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap1.45B
Revenue(TTM)351.03M
Net Income(TTM)98.48M
Analysts50
Price Target26.23 (-1.28%)
Short Float %8.83%
Short Ratio7.28
Dividend
Industry RankSector Rank
Dividend Yield 11.49%
Yearly Dividend3
Dividend Growth(5Y)97.42%
DP164.77%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)1.58%
PT rev (3m)7.17%
EPS NQ rev (1m)-2.3%
EPS NQ rev (3m)-5.77%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-1.98%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-3.98%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-2.7%
Valuation
Industry RankSector Rank
PE 13.29
Fwd PE 13.36
P/S 4.13
P/FCF 9.25
P/OCF 9.25
P/B 1.96
P/tB 1.96
EV/EBITDA 10.95
EPS(TTM)2
EY7.53%
EPS(NY)1.99
Fwd EY7.49%
FCF(TTM)2.87
FCFY10.81%
OCF(TTM)2.87
OCFY10.81%
SpS6.44
BVpS13.54
TBVpS13.54
PEG (NY)N/A
PEG (5Y)0.29
Graham Number24.69
Profitability
Industry RankSector 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 RankSector 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 0.85
F-Score5
WACC7.05%
ROIC/WACC0.82
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-17.54%
EPS Next 2Y-8.2%
EPS Next 3Y-0.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.2%
Revenue growth 3Y1.24%
Revenue growth 5Y24.33%
Sales Q2Q%-5.29%
Revenue Next Year-5.18%
Revenue Next 2Y-1.24%
Revenue Next 3Y0%
Revenue Next 5YN/A
EBIT growth 1Y-10.98%
EBIT growth 3Y-0.56%
EBIT growth 5Y29.17%
EBIT Next Year27.21%
EBIT Next 3Y11.31%
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.


What is the valuation status for FLNG stock?

ChartMill assigns a valuation rating of 6 / 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.


What is the valuation of FLEX LNG LTD based on its PE and PB ratios?

The Price/Earnings (PE) ratio for FLEX LNG LTD (FLNG) is 13.29 and the Price/Book (PB) ratio is 1.96.


What is the earnings growth outlook for FLEX LNG LTD?

The Earnings per Share (EPS) of FLEX LNG LTD (FLNG) is expected to decline by -17.54% in the next year.