GOLAR LNG LTD (GLNG)
BMG9456A1009 - Common Stock
Taking everything into account, GLNG scores 3 out of 10 in our fundamental rating. GLNG was compared to 204 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 does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
GLNG had positive earnings in the past year.
GLNG had a positive operating cash flow in the past year.
In multiple years GLNG reported negative net income over the last 5 years.
GLNG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.31%, GLNG is doing worse than 77.83% of the companies in the same industry.
GLNG's Return On Equity of 0.66% is on the low side compared to the rest of the industry. GLNG is outperformed by 74.38% of its industry peers.
The Return On Invested Capital of GLNG (1.73%) is worse than 77.34% of its industry peers.
GLNG had an Average Return On Invested Capital over the past 3 years of 2.06%. This is significantly below the industry average of 22.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.31% | ||
| ROE | 0.66% | ||
| ROIC | 1.73% |
ROA(3y)8.54%
ROA(5y)2.94%
ROE(3y)17.72%
ROE(5y)3.57%
ROIC(3y)2.06%
ROIC(5y)2.4%
1.3 Margins
GLNG has a worse Profit Margin (4.92%) than 65.52% of its industry peers.
The Operating Margin of GLNG (29.84%) is better than 62.07% of its industry peers.
In the last couple of years the Operating Margin of GLNG has grown nicely.
With a decent Gross Margin value of 57.12%, GLNG is doing good in the industry, outperforming 64.53% of the companies in the same industry.
In the last couple of years the Gross Margin of GLNG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.84% | ||
| PM (TTM) | 4.92% | ||
| GM | 57.12% |
OM growth 3Y-3.75%
OM growth 5Y9.29%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.93%
GM growth 5Y5.36%
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 less shares outstanding
The number of shares outstanding for GLNG has been increased compared to 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 1.20. 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 (1.20) which is comparable to the rest of the industry.
GLNG has a Debt/Equity ratio of 0.53. This is a neutral value indicating GLNG is somewhat dependend on debt financing.
GLNG has a Debt to Equity ratio of 0.53. This is comparable to the rest of the industry: GLNG outperforms 44.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.2 |
ROIC/WACC0.22
WACC7.84%
2.3 Liquidity
A Current Ratio of 1.55 indicates that GLNG should not have too much problems paying its short term obligations.
GLNG has a better Current ratio (1.55) than 65.02% of its industry peers.
A Quick Ratio of 1.55 indicates that GLNG should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.55, GLNG is doing good in the industry, outperforming 69.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.81% over the past year.
The Revenue has decreased by -1.27% in the past year.
Measured over the past years, GLNG shows a decrease in Revenue. The Revenue has been decreasing by -7.07% on average per year.
EPS 1Y (TTM)2.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-138.21%
Revenue 1Y (TTM)-1.27%
Revenue growth 3Y4.51%
Revenue growth 5Y-7.07%
Sales Q2Q%-3.64%
3.2 Future
The Earnings Per Share is expected to decrease by -16.95% on average over the next years. This is quite bad
The Revenue is expected to grow by 15.25% on average over the next years. This is quite good.
EPS Next Y-26.77%
EPS Next 2Y-8.96%
EPS Next 3Y-16.95%
EPS Next 5YN/A
Revenue Next Year1.49%
Revenue Next 2Y28%
Revenue Next 3Y15.25%
Revenue Next 5YN/A
3.3 Evolution
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
GLNG is valuated correctly with a Price/Earnings ratio of 15.49.
GLNG's Price/Earnings ratio is in line with the industry average.
GLNG is valuated rather cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 18.72, which indicates a rather expensive current valuation of GLNG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GLNG is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of GLNG to the average of the S&P500 Index (23.82), we can say GLNG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.49 | ||
| Fwd PE | 18.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GLNG is valued a bit more expensive than the industry average as 78.33% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 33.07 |
4.3 Compensation for Growth
A cheap valuation may be justified as GLNG's earnings are expected to decrease with -16.95% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.96%
EPS Next 3Y-16.95%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.78%, GLNG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.45, GLNG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.23, GLNG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
The dividend of GLNG decreases each year by -10.40%.
GLNG has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-10.4%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
588.59% of the earnings are spent on dividend by GLNG. This is not a sustainable payout ratio.
GLNG's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP588.59%
EPS Next 2Y-8.96%
EPS Next 3Y-16.95%
GOLAR LNG LTD
NASDAQ:GLNG (11/21/2024, 8:00:01 PM)
After market: 36.86 0 (0%)36.86
+0.88 (+2.45%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.85B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.49 | ||
| Fwd PE | 18.72 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.31% | ||
| ROE | 0.66% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 29.84% | ||
| PM (TTM) | 4.92% | ||
| GM | 57.12% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)2.81%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-26.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.27%
Revenue growth 3Y4.51%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y