38.27 USD
-0.45 (-1.16%)
40.08 USD
+1.81 (+4.73%)
We assign a fundamental rating of 3 out of 10 to GLNG. GLNG was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While GLNG is still in line with the averages on profitability rating, there are concerns on its financial health. GLNG does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year GLNG was profitable.
In the past year GLNG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: GLNG reported negative net income in multiple years.
In the past 5 years GLNG always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 1.28%, GLNG is not doing good in the industry: 61.72% of the companies in the same industry are doing better.
GLNG has a Return On Equity of 3.15%. This is in the lower half of the industry: GLNG underperforms 60.29% of its industry peers.
GLNG has a worse Return On Invested Capital (1.70%) than 71.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GLNG is significantly below the industry average of 20.88%.
The 3 year average ROIC (1.67%) for GLNG is below the current ROIC(1.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 3.15% | ||
| ROIC | 1.7% |
ROA(3y)6.14%
ROA(5y)4.09%
ROE(3y)10.59%
ROE(5y)6.9%
ROIC(3y)1.67%
ROIC(5y)1.97%
1.3 Margins
GLNG has a better Profit Margin (18.31%) than 72.73% of its industry peers.
In the last couple of years the Profit Margin of GLNG has declined.
The Operating Margin of GLNG (26.12%) is better than 65.55% of its industry peers.
GLNG's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 58.32%, GLNG is doing good in the industry, outperforming 66.99% of the companies in the same industry.
In the last couple of years the Gross Margin of GLNG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.12% | ||
| PM (TTM) | 18.31% | ||
| GM | 58.32% |
OM growth 3Y-23.38%
OM growth 5Y-9.29%
PM growth 3Y-50.3%
PM growth 5YN/A
GM growth 3Y-10.75%
GM growth 5Y-3.68%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GLNG is destroying value.
Compared to 1 year ago, GLNG has about the same amount of shares outstanding.
GLNG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GLNG has a worse debt to assets ratio.
2.2 Solvency
GLNG has an Altman-Z score of 1.00. This is a bad value and indicates that GLNG is not financially healthy and even has some risk of bankruptcy.
GLNG has a Altman-Z score (1.00) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.75 indicates that GLNG is somewhat dependend on debt financing.
GLNG has a Debt to Equity ratio of 0.75. This is in the lower half of the industry: GLNG underperforms 65.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1 |
ROIC/WACC0.21
WACC8.21%
2.3 Liquidity
GLNG has a Current Ratio of 1.32. This is a normal value and indicates that GLNG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of GLNG (1.32) is comparable to the rest of the industry.
A Quick Ratio of 1.32 indicates that GLNG should not have too much problems paying its short term obligations.
GLNG has a Quick ratio of 1.32. This is in the better half of the industry: GLNG outperforms 66.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The earnings per share for GLNG have decreased strongly by -41.49% in the last year.
GLNG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.16% yearly.
Looking at the last year, GLNG shows a quite strong growth in Revenue. The Revenue has grown by 19.15% in the last year.
Measured over the past years, GLNG shows a very negative growth in Revenue. The Revenue has been decreasing by -10.32% on average per year.
EPS 1Y (TTM)-41.49%
EPS 3Y-2.16%
EPS 5YN/A
EPS Q2Q%1.74%
Revenue 1Y (TTM)19.15%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%89.08%
3.2 Future
GLNG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -63.23% yearly.
GLNG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.53% yearly.
EPS Next Y-15.96%
EPS Next 2Y-33.44%
EPS Next 3Y-63.23%
EPS Next 5YN/A
Revenue Next Year44.19%
Revenue Next 2Y18.35%
Revenue Next 3Y15.53%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 28.77 indicates a quite expensive valuation of GLNG.
GLNG's Price/Earnings ratio is a bit more expensive when compared to the industry. GLNG is more expensive than 61.72% of the companies in the same industry.
GLNG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.49.
GLNG is valuated quite expensively with a Price/Forward Earnings ratio of 54.26.
63.16% of the companies in the same industry are cheaper than GLNG, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.69. GLNG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.77 | ||
| Fwd PE | 54.26 |
4.2 Price Multiples
73.21% of the companies in the same industry are cheaper than GLNG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 38.41 |
4.3 Compensation for Growth
A cheap valuation may be justified as GLNG's earnings are expected to decrease with -63.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-33.44%
EPS Next 3Y-63.23%
5. Dividend
5.1 Amount
GLNG has a Yearly Dividend Yield of 2.58%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.71, GLNG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, GLNG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
5.2 History
The dividend of GLNG is nicely growing with an annual growth rate of 12.28%!
GLNG has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of GLNG decreased recently.
Dividend Growth(5Y)12.28%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
173.93% of the earnings are spent on dividend by GLNG. This is not a sustainable payout ratio.
The Dividend Rate of GLNG has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP173.93%
EPS Next 2Y-33.44%
EPS Next 3Y-63.23%
38.27
-0.45 (-1.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners91.14%
Inst Owner Change-0.93%
Ins Owners2.68%
Ins Owner ChangeN/A
Market Cap3.92B
Revenue(TTM)326.63M
Net Income(TTM)59.81M
Analysts85.33
Price Target52.27 (36.58%)
Short Float %8.52%
Short Ratio6.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
Yearly Dividend1
Dividend Growth(5Y)12.28%
DP173.93%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.97%
Min EPS beat(2)-9.66%
Max EPS beat(2)29.6%
EPS beat(4)1
Avg EPS beat(4)2.8%
Min EPS beat(4)-9.66%
Max EPS beat(4)29.6%
EPS beat(8)4
Avg EPS beat(8)17.6%
EPS beat(12)7
Avg EPS beat(12)9.01%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)0
Avg Revenue beat(2)-4.69%
Min Revenue beat(2)-6.29%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-7.3%
Min Revenue beat(4)-11.62%
Max Revenue beat(4)-3.08%
Revenue beat(8)0
Avg Revenue beat(8)-9.84%
Revenue beat(12)0
Avg Revenue beat(12)-10.91%
Revenue beat(16)0
Avg Revenue beat(16)-16.18%
PT rev (1m)3.13%
PT rev (3m)3.55%
EPS NQ rev (1m)-9.44%
EPS NQ rev (3m)-22.93%
EPS NY rev (1m)-3.32%
EPS NY rev (3m)-15.1%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-2.81%
Revenue NY rev (1m)-1.87%
Revenue NY rev (3m)-1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.77 | ||
| Fwd PE | 54.26 | ||
| P/S | 12 | ||
| P/FCF | N/A | ||
| P/OCF | 7.77 | ||
| P/B | 2.07 | ||
| P/tB | 2.07 | ||
| EV/EBITDA | 38.41 |
EPS(TTM)1.33
EY3.48%
EPS(NY)0.71
Fwd EY1.84%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)4.93
OCFY12.87%
SpS3.19
BVpS18.52
TBVpS18.51
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 3.15% | ||
| ROCE | 2.15% | ||
| ROIC | 1.7% | ||
| ROICexc | 2% | ||
| ROICexgc | 2% | ||
| OM | 26.12% | ||
| PM (TTM) | 18.31% | ||
| GM | 58.32% | ||
| FCFM | N/A |
ROA(3y)6.14%
ROA(5y)4.09%
ROE(3y)10.59%
ROE(5y)6.9%
ROIC(3y)1.67%
ROIC(5y)1.97%
ROICexc(3y)2.08%
ROICexc(5y)2.34%
ROICexgc(3y)2.08%
ROICexgc(5y)2.34%
ROCE(3y)2.11%
ROCE(5y)2.49%
ROICexgc growth 3Y-23.68%
ROICexgc growth 5Y-18.6%
ROICexc growth 3Y-23.7%
ROICexc growth 5Y-18.62%
OM growth 3Y-23.38%
OM growth 5Y-9.29%
PM growth 3Y-50.3%
PM growth 5YN/A
GM growth 3Y-10.75%
GM growth 5Y-3.68%
F-Score7
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.43 | ||
| Cap/Depr | 1886.07% | ||
| Cap/Sales | 292.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 370.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 1 |
F-Score7
WACC8.21%
ROIC/WACC0.21
Cap/Depr(3y)654.85%
Cap/Depr(5y)578.43%
Cap/Sales(3y)124.87%
Cap/Sales(5y)114.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-41.49%
EPS 3Y-2.16%
EPS 5YN/A
EPS Q2Q%1.74%
EPS Next Y-15.96%
EPS Next 2Y-33.44%
EPS Next 3Y-63.23%
EPS Next 5YN/A
Revenue 1Y (TTM)19.15%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%89.08%
Revenue Next Year44.19%
Revenue Next 2Y18.35%
Revenue Next 3Y15.53%
Revenue Next 5YN/A
EBIT growth 1Y4.32%
EBIT growth 3Y-23.38%
EBIT growth 5Y-18.65%
EBIT Next Year28.39%
EBIT Next 3Y15.11%
EBIT Next 5YN/A
FCF growth 1Y-3160.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y108.05%
OCF growth 3Y10.12%
OCF growth 5Y24.47%
GOLAR LNG LTD / GLNG FAQ
What is the ChartMill fundamental rating of GOLAR LNG LTD (GLNG) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GLNG.
Can you provide the valuation status for GOLAR LNG LTD?
ChartMill assigns a valuation rating of 0 / 10 to GOLAR LNG LTD (GLNG). This can be considered as Overvalued.
How profitable is GOLAR LNG LTD (GLNG) stock?
GOLAR LNG LTD (GLNG) has a profitability rating of 4 / 10.
What is the valuation of GOLAR LNG LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GOLAR LNG LTD (GLNG) is 28.77 and the Price/Book (PB) ratio is 2.07.
How sustainable is the dividend of GOLAR LNG LTD (GLNG) stock?
The dividend rating of GOLAR LNG LTD (GLNG) is 3 / 10 and the dividend payout ratio is 173.93%.