FLEX LNG LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 29.43 USD | +3.19% |
|
0.00% | +1.27% |
| May. 23 | Sector Update: Energy Stocks Advance Premarket Thursday | MT |
| May. 23 | Jefferies Adjusts Price Target on FLEX LNG to $25 From $23, Maintains Underperform Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 589.7 | 471.7 | 1,248 | 1,741 | 1,562 | 1,585 | - | - |
| Enterprise Value (EV) 1 | 1,242 | 1,744 | 2,681 | 3,124 | 2,963 | 2,948 | 2,915 | 2,865 |
| P/E ratio | - | - | - | - | - | - | - | - |
| Yield | - | - | - | - | 10.8% | 10.2% | 10.2% | 10.2% |
| Capitalization / Revenue | 4.92 x | 2.87 x | 3.63 x | 5.01 x | 4.21 x | 4.38 x | 4.33 x | 4.2 x |
| EV / Revenue | 10.4 x | 10.6 x | 7.81 x | 8.98 x | 7.99 x | 8.15 x | 7.96 x | 7.59 x |
| EV / EBITDA | 14.8 x | 14.9 x | 9.9 x | 11.5 x | 10.2 x | 10.5 x | 10.2 x | 9.69 x |
| EV / FCF | -5.17 x | -2.9 x | -52.5 x | 14.2 x | 16.9 x | 15 x | 14.8 x | 12.5 x |
| FCF Yield | -19.3% | -34.5% | -1.91% | 7.04% | 5.91% | 6.65% | 6.78% | 7.99% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 54,111 | 53,908 | 53,131 | 53,272 | 53,736 | 53,866 | - | - |
| Reference price 2 | 10.90 | 8.750 | 23.49 | 32.69 | 29.06 | 29.43 | 29.43 | 29.43 |
| Announcement Date | 2/26/20 | 2/17/21 | 2/16/22 | 2/14/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 120 | 164.5 | 343.4 | 347.9 | 371 | 361.6 | 366.1 | 377.7 |
| EBITDA 1 | 83.93 | 117.4 | 270.8 | 272.3 | 289.6 | 281.4 | 286.7 | 295.6 |
| EBIT 1 | 55.01 | 75.62 | 201.2 | 200.6 | 217.2 | 206.9 | 212.4 | 223.3 |
| Operating Margin | 45.85% | 45.98% | 58.57% | 57.66% | 58.53% | 57.23% | 58.04% | 59.12% |
| Earnings before Tax (EBT) 1 | 17.15 | 8.189 | 162.3 | 188.1 | 120.1 | 137.1 | 137.4 | 149 |
| Net income 1 | 17.04 | 8.105 | 162.2 | 188 | 120 | 125.4 | 132.1 | 155.7 |
| Net margin | 14.21% | 4.93% | 47.23% | 54.05% | 32.35% | 34.69% | 36.09% | 41.22% |
| EPS | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -240 | -602.1 | -51.09 | 219.9 | 175 | 196 | 197.5 | 229 |
| FCF margin | -200.08% | -366.09% | -14.88% | 63.2% | 47.18% | 54.21% | 53.95% | 60.64% |
| FCF Conversion (EBITDA) | - | - | - | 80.74% | 60.43% | 69.66% | 68.9% | 77.47% |
| FCF Conversion (Net income) | - | - | - | 116.93% | 145.81% | 156.26% | 149.48% | 147.11% |
| Dividend per Share 2 | - | - | - | - | 3.125 | 3.000 | 3.000 | 3.000 |
| Announcement Date | 2/26/20 | 2/17/21 | 2/16/22 | 2/14/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 114.6 | 74.57 | 84.16 | 91.3 | 97.93 | 92.48 | 86.7 | 94.6 | 97.23 | 90.2 | 86.98 | 91.84 | 94.13 | 90.25 | 89.25 |
| EBITDA 1 | 95.52 | 56.26 | 66.1 | 70.9 | 79.08 | 72.49 | 66.2 | 74.7 | 76.22 | 70.6 | 65.78 | 71.04 | 74.04 | 70.34 | 68.72 |
| EBIT 1 | 77.28 | 38.36 | 48.45 | 52.8 | 61.01 | 55.01 | 48.22 | 56.2 | 57.72 | 51.94 | 47.01 | 52.22 | 55.46 | 51.65 | 50.45 |
| Operating Margin | 67.44% | 51.44% | 57.57% | 57.83% | 62.3% | 59.49% | 55.62% | 59.41% | 59.37% | 57.58% | 54.04% | 56.86% | 58.92% | 57.23% | 56.53% |
| Earnings before Tax (EBT) 1 | 69.5 | 55.78 | 44.27 | 46.61 | 41.48 | 16.57 | 39.02 | 45.13 | 19.4 | 33.2 | 27.33 | 33 | 37.33 | 34 | 32 |
| Net income 1 | 69.43 | 55.76 | 44.26 | 46.6 | 41.43 | 16.53 | 39 | 45.1 | 19.39 | 33.2 | 25.31 | 30.92 | 34.09 | 30.6 | 29.6 |
| Net margin | 60.59% | 74.78% | 52.59% | 51.04% | 42.31% | 17.88% | 44.98% | 47.67% | 19.94% | 36.81% | 29.1% | 33.67% | 36.21% | 33.91% | 33.17% |
| EPS | - | - | 0.8300 | 0.8800 | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | 0.7500 | 0.7500 | - | - | 0.7500 | 0.7500 | 0.7500 | - | 0.7500 | 0.7500 | 0.7500 | - | - |
| Announcement Date | 2/16/22 | 5/11/22 | 8/24/22 | 11/15/22 | 2/14/23 | 5/16/23 | 8/16/23 | 11/8/23 | 2/7/24 | 5/23/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 652 | 1,273 | 1,433 | 1,382 | 1,402 | 1,363 | 1,330 | 1,280 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.77 x | 10.84 x | 5.29 x | 5.076 x | 4.839 x | 4.843 x | 4.638 x | 4.329 x |
| Free Cash Flow 1 | -240 | -602 | -51.1 | 220 | 175 | 196 | 198 | 229 |
| ROE (net income / shareholders' equity) | 2.04% | 0.97% | 18.8% | 20.9% | 13.7% | 15.9% | 17.2% | 19.6% |
| ROA (Net income/ Total Assets) | 1.16% | 0.41% | 6.7% | - | 4.46% | 5% | 5.4% | 6.9% |
| Assets 1 | 1,474 | 1,972 | 2,421 | - | 2,691 | 2,509 | 2,447 | 2,256 |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | - | - | 4.130 | - | 3.380 | 3.660 | 3.760 |
| Capex 1 | 292 | 691 | 266 | 0.01 | 0 | 14 | 16.3 | 10.3 |
| Capex / Sales | 243.03% | 420.39% | 77.43% | 0% | 0% | 3.87% | 4.46% | 2.74% |
| Announcement Date | 2/26/20 | 2/17/21 | 2/16/22 | 2/14/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
29.43
USD
Average target price
25
USD
Spread / Average Target
-15.05%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +1.27% | 1.59B | |
| +45.18% | 10.04B | |
| +42.39% | 6.36B | |
| +33.87% | 4.18B | |
| +43.21% | 3.23B | |
| +36.79% | 2.54B | |
| +23.40% | 2.33B | |
| +24.46% | 1.97B | |
| +9.57% | 1.95B | |
| +28.74% | 1.4B |
- Stock Market
- Equities
- FLNG Stock
- Financials FLEX LNG Ltd.
