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NYSE: FLNG
Flex Lng Ltd Stock

$26.10+0.20 (+0.77%)
Updated Apr 25, 2024
FLNG Price
$26.10
Fair Value Price
N/A
Market Cap
$1.40B
52 Week Low
$24.16
52 Week High
$34.66
P/E
11.65x
P/B
1.65x
P/S
4.21x
PEG
0.34x
Dividend Yield
11.97%
Revenue
$371.02M
Earnings
$120.04M
Gross Margin
81.1%
Operating Margin
61.68%
Profit Margin
32.4%
Debt to Equity
2.2
Operating Cash Flow
$175M
Beta
0.94
Next Earnings
May 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FLNG Overview

FLEX LNG Ltd. engages in the operation of carrier vessels. The firm is focused on commercial activity relating to securing hydrocarbon feed stock for floating liquefaction projects, constructing, owning and operating floating liquefaction vessels and/or LNG vessels and sales and marketing of hydrocarbons and business in connection therewith, including investing in other companies. The firm operates a fleet of LNG carriers and has four M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers with a capacity of approximately 174,000 cubic meters under construction. The firm markets these vessels for charter and is also pursuing FSRU projects. The firm has four modern LNG vessels on short term charter that are being traded in the spot and short term LNGC market. Its subsidiaries include FLEX LNGC 1 Limited, FLEX LNGC 2 Limited, FLEX LNG Shipping Limited and FLEX LNG Management Limited.

Zen Score

Industry Average (37)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FLNG scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FLNG ($26.10) is trading below its intrinsic value of $39.23, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
FLNG is good value based on its earnings relative to its share price (11.65x), compared to the US market average (40.97x)
P/E vs Market Valuation
FLNG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more FLNG due diligence checks available for Premium users.

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FLNG News

Valuation

FLNG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
11.65x
Industry
14.17x
Market
40.97x
FLNG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FLNG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FLNG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.65x
Industry
2.36x
FLNG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FLNG price to earnings growth (PEG)

For valuing profitable companies with growth potential
FLNG is good value based... subscribe to Premium to read more.
PEG Value Valuation

FLNG's financial health

Profit margin

Revenue
$97.2M
Net Income
$19.4M
Profit Margin
19.9%
FLNG's Earnings (EBIT) of $228.84M... subscribe to Premium to read more.
Interest Coverage Financials
FLNG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.7B
Liabilities
$1.9B
Debt to equity
2.2
FLNG's short-term assets ($443.06M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FLNG's long-term liabilities ($1.71B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FLNG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FLNG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$54.3M
Investing
$0.0
Financing
-$73.5M
FLNG's operating cash flow ($175.03M)... subscribe to Premium to read more.
Debt Coverage Financials

FLNG vs Oil & Gas Midstream Stocks

TickerMarket Cap1d %P/EP/B
FLNG$1.40B+0.77%11.65x1.65x
GEL$1.50B-1.84%55.82x2.85x
GLP$1.61B+1.39%12.55x2.01x
LPG$1.68B-1.27%5.45x1.70x
NVGS$1.11B+1.81%13.68x0.93x

Flex Lng Stock FAQ

What is Flex Lng's quote symbol?

(NYSE: FLNG) Flex Lng trades on the NYSE under the ticker symbol FLNG. Flex Lng stock quotes can also be displayed as NYSE: FLNG.

If you're new to stock investing, here's how to buy Flex Lng stock.

What is the 52 week high and low for Flex Lng (NYSE: FLNG)?

(NYSE: FLNG) Flex Lng's 52-week high was $34.66, and its 52-week low was $24.16. It is currently -24.7% from its 52-week high and 8.03% from its 52-week low.

How much is Flex Lng stock worth today?

(NYSE: FLNG) Flex Lng currently has 53,736,318 outstanding shares. With Flex Lng stock trading at $26.10 per share, the total value of Flex Lng stock (market capitalization) is $1.40B.

Flex Lng stock was originally listed at a price of $11.21 in Jun 17, 2019. If you had invested in Flex Lng stock at $11.21, your return over the last 4 years would have been 132.83%, for an annualized return of 23.53% (not including any dividends or dividend reinvestments).

How much is Flex Lng's stock price per share?

(NYSE: FLNG) Flex Lng stock price per share is $26.10 today (as of Apr 25, 2024).

What is Flex Lng's Market Cap?

(NYSE: FLNG) Flex Lng's market cap is $1.40B, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Flex Lng's market cap is calculated by multiplying FLNG's current stock price of $26.10 by FLNG's total outstanding shares of 53,736,318.
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