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Flex LNG Ltd FLNG

Morningstar Rating
$290.00 −2.80 (0.96%)
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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 12% discount.
Price
NOK 291.33
Fair Value
NOK 691.19
Uncertainty
High
1-Star Price
NOK 957.85
5-Star Price
NOK 391.62
Economic Moat
Hkqm
Capital Allocation
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News

Trading Information

Previous Close Price
$292.80
Day Range
$288.80292.80
52-Week Range
$250.40360.80
Bid/Ask
$289.60 / $290.00
Market Cap
$15.58 Bil
Volume/Avg
1,867 / 22,509

Key Statistics

Price/Earnings (Normalized)
10.84
Price/Sales
4.02
Dividend Yield (Trailing)
11.01%
Dividend Yield (Forward)
111.53%
Total Yield
8.44%

Company Profile

Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Small Core
Total Number of Employees
10

Comparables

Valuation

Metric
FLNG
HAFNI
TNP
Price/Earnings (Normalized)
10.845.433.80
Price/Book Value
1.831.880.49
Price/Sales
4.021.520.88
Price/Cash Flow
7.684.402.12
Price/Earnings
FLNG
HAFNI
TNP

Financial Strength

Metric
FLNG
HAFNI
TNP
Quick Ratio
2.811.07
Current Ratio
2.891.41
Interest Coverage
2.0611.104.67
Quick Ratio
FLNG
HAFNI
TNP

Profitability

Metric
FLNG
HAFNI
TNP
Return on Assets (Normalized)
4.99%18.79%8.82%
Return on Equity (Normalized)
15.71%34.61%19.43%
Return on Invested Capital (Normalized)
8.94%21.86%12.11%
Return on Assets
FLNG
HAFNI
TNP
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Oil & Gas Midstream Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ENB
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EPD
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ET
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WMB
Williams Companies IncYqrdbyktLwlzkd$47.0 Bil
OKE
ONEOK IncTbdnvsssWsjzkl$44.9 Bil
MPLX
MPLX LP Partnership UnitsFjdkfzbydZvzkx$42.3 Bil
KMI
Kinder Morgan Inc Class PNrflnzlJbjhsh$40.5 Bil
LNG
Cheniere Energy IncGmdnqhqvDytb$37.1 Bil
TRP
TC Energy CorpRllszvyxLrppy$37.0 Bil
TRGP
Targa Resources CorpLyjcpghcQbt$25.0 Bil

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