FLEX LNG LTD (FLNG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FLNG - BMG359472021 - Common Stock
26.84 USD
-0.28 (-1.03%)
26.84 USD
0 (0%)
Taking everything into account, FLNG scores 5 out of 10 in our fundamental rating. FLNG was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. FLNG scores excellent on profitability, but 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.
- FLNG had a positive operating cash flow in the past year.
- FLNG had positive earnings in each of the past 5 years.
- Each year in the past 5 years FLNG had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.68%, FLNG is in line with its industry, outperforming 54.33% of the companies in the same industry.
- FLNG has a Return On Equity of 13.34%. This is in the better half of the industry: FLNG outperforms 73.08% 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 52.40% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FLNG is significantly below the industry average of 21.83%.
| 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
- FLNG has a Profit Margin of 28.05%. This is amongst the best in the industry. FLNG outperforms 86.06% of its industry peers.
- In the last couple of years the Profit Margin of FLNG has grown nicely.
- The Operating Margin of FLNG (52.15%) is better than 92.79% of its industry peers.
- FLNG's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 79.31%, FLNG belongs to the top of the industry, outperforming 89.42% of the companies in the same industry.
- 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.
- The number of shares outstanding for FLNG remains at a similar level compared to 5 years ago.
- Compared to 1 year ago, FLNG has a worse debt to assets ratio.
2.2 Solvency
- FLNG has an Altman-Z score of 0.86. This is a bad value and indicates that FLNG is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.86, FLNG is in line with its industry, outperforming 43.75% of the companies in the same industry.
- 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 51.44% of the companies in the same industry.
- A Debt/Equity ratio of 2.39 is on the high side and indicates that FLNG has dependencies on debt financing.
- The Debt to Equity ratio of FLNG (2.39) is worse than 83.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.39 | ||
| Debt/FCF | 11.97 | ||
| Altman-Z | 0.86 |
ROIC/WACC0.72
WACC7.99%
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 84.13% 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 84.62% of its industry peers.
| 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.
- FLNG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 46.48% yearly.
- Looking at the last year, FLNG shows a decrease in Revenue. The Revenue has decreased by -3.20% in the last year.
- 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 small growth in Earnings Per Share. The EPS will grow by 0.19% on average per year.
- FLNG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.32% yearly.
EPS Next Y-17.51%
EPS Next 2Y-8.48%
EPS Next 3Y0.19%
EPS Next 5YN/A
Revenue Next Year-5.3%
Revenue Next 2Y-0.99%
Revenue Next 3Y0.32%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- Based on the Price/Earnings ratio of 13.42, the valuation of FLNG can be described as correct.
- Based on the Price/Earnings ratio, FLNG is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.47. FLNG is valued rather cheaply when compared to this.
- FLNG is valuated correctly with a Price/Forward Earnings ratio of 13.58.
- FLNG's Price/Forward Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, FLNG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 13.58 |
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 81.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.34 | ||
| EV/EBITDA | 11.04 |
4.3 Compensation for Growth
- The decent profitability rating of FLNG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-8.48%
EPS Next 3Y0.19%
5. Dividend
5.1 Amount
- FLNG has a Yearly Dividend Yield of 11.06%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.83, FLNG pays a better dividend. On top of this FLNG pays more dividend than 94.23% of the companies listed 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 | 11.06% |
5.2 History
- The dividend of FLNG is nicely growing with an annual growth rate of 97.42%!
- 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
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%
26.84
-0.28 (-1.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-12 2025-11-12/bmo
Earnings (Next)02-27 2026-02-27/amc
Inst Owners22.18%
Inst Owner Change0.02%
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap1.46B
Revenue(TTM)351.03M
Net Income(TTM)98.48M
Analysts50
Price Target26.23 (-2.27%)
Short Float %7.53%
Short Ratio6.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.06% |
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)-6.39%
EPS NQ rev (1m)-2.3%
EPS NQ rev (3m)-14.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.36%
Revenue NQ rev (1m)-0.83%
Revenue NQ rev (3m)-4.43%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 13.58 | ||
| P/S | 4.17 | ||
| P/FCF | 9.34 | ||
| P/OCF | 9.34 | ||
| P/B | 1.98 | ||
| P/tB | 1.98 | ||
| EV/EBITDA | 11.04 |
EPS(TTM)2
EY7.45%
EPS(NY)1.98
Fwd EY7.36%
FCF(TTM)2.87
FCFY10.7%
OCF(TTM)2.87
OCFY10.7%
SpS6.44
BVpS13.54
TBVpS13.54
PEG (NY)N/A
PEG (5Y)0.29
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 | 0.86 |
F-Score5
WACC7.99%
ROIC/WACC0.72
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-5.3%
Revenue Next 2Y-0.99%
Revenue Next 3Y0.32%
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.
What is the valuation status for FLNG stock?
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.
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 13.42 and the Price/Book (PB) ratio is 1.98.
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 -17.51% in the next year.