GOLAR LNG LTD (GLNG) Stock Fundamental Analysis
USA - NASDAQ:GLNG - BMG9456A1009 - Common Stock
38.37 USD
+0.44 (+1.16%)
39.76 USD
+1.39 (+3.62%)
Taking everything into account, GLNG scores 3 out of 10 in our fundamental rating. GLNG was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of GLNG while its profitability can be described as average. GLNG is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year GLNG was profitable.
GLNG had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 1.28%, GLNG is doing worse than 62.38% of the companies in the same industry.
With a Return On Equity value of 3.15%, GLNG is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
GLNG's Return On Invested Capital of 1.70% is on the low side compared to the rest of the industry. GLNG is outperformed by 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GLNG is significantly below the industry average of 21.85%.
The last Return On Invested Capital (1.70%) for GLNG is above the 3 year average (1.67%), which is a sign of increasing profitability.
| 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 71.43% of its industry peers.
In the last couple of years the Profit Margin of GLNG has declined.
GLNG has a better Operating Margin (26.25%) than 63.81% of its industry peers.
In the last couple of years the Operating Margin of GLNG has declined.
Looking at the Gross Margin, with a value of 58.32%, GLNG is in the better half of the industry, outperforming 67.14% 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 | 26.25% | ||
| 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.
Compared to 5 years ago, GLNG has more shares outstanding
GLNG has a worse debt/assets ratio than last year.
2.2 Solvency
GLNG has a Debt/Equity ratio of 0.75. This is a neutral value indicating 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 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.22
WACC7.89%
2.3 Liquidity
A Current Ratio of 1.32 indicates that GLNG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.32, GLNG is in line with its industry, outperforming 58.57% of the companies in the same industry.
A Quick Ratio of 1.32 indicates that GLNG should not have too much problems paying its short term obligations.
GLNG's Quick ratio of 1.32 is fine compared to the rest of the industry. GLNG outperforms 66.19% 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.
The Revenue has grown by 19.15% in the past year. This is quite good.
The Revenue for GLNG have been decreasing by -10.32% on average. This is quite bad
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
The Earnings Per Share is expected to decrease by -81.53% on average over the next years. This is quite bad
The Revenue is expected to grow by 16.49% on average over the next years. This is quite good.
EPS Next Y-13.08%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
EPS Next 5YN/A
Revenue Next Year46.94%
Revenue Next 2Y20.03%
Revenue Next 3Y16.49%
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.
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 28.85 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 60.48% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, GLNG is valued at the same level.
With a Price/Forward Earnings ratio of 49.28, GLNG can be considered very expensive at the moment.
63.33% of the companies in the same industry are cheaper than GLNG, based on the Price/Forward Earnings ratio.
GLNG's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.85 | ||
| Fwd PE | 49.28 |
4.2 Price Multiples
GLNG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GLNG is more expensive than 70.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 38.34 |
4.3 Compensation for Growth
A cheap valuation may be justified as GLNG's earnings are expected to decrease with -81.53% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
5. Dividend
5.1 Amount
GLNG has a Yearly Dividend Yield of 2.64%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.89, GLNG has a dividend in line with its industry peers.
GLNG's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
5.2 History
The dividend of GLNG is nicely growing with an annual growth rate of 12.28%!
GLNG has been paying a dividend for at least 10 years, so it has a reliable track record.
GLNG has decreased its dividend 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.
GLNG's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP173.93%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
38.37
+0.44 (+1.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners89.28%
Inst Owner Change-0.71%
Ins Owners2.62%
Ins Owner ChangeN/A
Market Cap3.92B
Revenue(TTM)326.63M
Net Income(TTM)59.81M
Analysts85.33
Price Target50.68 (32.08%)
Short Float %7.14%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
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)0.33%
PT rev (3m)0.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.58%
Revenue NQ rev (1m)-1.58%
Revenue NQ rev (3m)-2.92%
Revenue NY rev (1m)2.79%
Revenue NY rev (3m)-1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.85 | ||
| Fwd PE | 49.28 | ||
| P/S | 12.02 | ||
| P/FCF | N/A | ||
| P/OCF | 7.78 | ||
| P/B | 2.07 | ||
| P/tB | 2.07 | ||
| EV/EBITDA | 38.34 |
EPS(TTM)1.33
EY3.47%
EPS(NY)0.78
Fwd EY2.03%
FCF(TTM)-4.42
FCFYN/A
OCF(TTM)4.93
OCFY12.85%
SpS3.19
BVpS18.55
TBVpS18.53
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 3.15% | ||
| ROCE | 2.16% | ||
| ROIC | 1.7% | ||
| ROICexc | 2.01% | ||
| ROICexgc | 2.01% | ||
| OM | 26.25% | ||
| 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 | 10.4 | ||
| Cap/Depr | 1886.07% | ||
| Cap/Sales | 292.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 369.7% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | N/A |
F-Score7
WACC7.89%
ROIC/WACC0.22
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-13.08%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
EPS Next 5YN/A
Revenue 1Y (TTM)19.15%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%89.08%
Revenue Next Year46.94%
Revenue Next 2Y20.03%
Revenue Next 3Y16.49%
Revenue Next 5YN/A
EBIT growth 1Y4.8%
EBIT growth 3Y-23.38%
EBIT growth 5Y-18.65%
EBIT Next Year38.62%
EBIT Next 3Y20.59%
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 28.85 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%.