Flex LNG Ltd FLNG

Morningstar Rating
$30.34 +0.62 (2.09%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FLNG is trading at a 722% premium.
Price
$29.72
Fair Value
$82.83
Uncertainty
Medium
1-Star Price
$61.15
5-Star Price
$13.50
Economic Moat
Hnjpd
Capital Allocation

News

Trading Information

Previous Close Price
$29.72
Day Range
$29.7530.65
52-Week Range
$21.7233.40
Bid/Ask
$29.66 / $30.55
Shares Outstanding
54.09M
Market Cap
$1.64B
Volume/Avg
466,209 / 533,954

Key Statistics

Price/Earnings (Normalized)
15.85
Price/Sales
4.73
Dividend Yield (Trailing)
10.09%
Dividend Yield (Forward)
10.09%
Total Yield
10.09%

Company Profile

Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Small Value
Total Number of Employees
9

Valuation

Metric
FLNG
Price/Earnings (Normalized)
15.85
Price/Book Value
2.30
Price/Sales
4.73
Price/Cash Flow
11.69
Price/Earnings
FLNG

Financial Strength

Metric
FLNG
Quick Ratio
2.26
Current Ratio
2.72
Interest Coverage
1.79
Quick Ratio
FLNG

Profitability

Metric
FLNG
Return on Assets (Normalized)
3.37%
Return on Equity (Normalized)
11.97%
Return on Invested Capital (Normalized)
6.83%
Return on Assets
FLNG

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