FLEX LNG Statistics
Total Valuation
FLEX LNG has a market cap or net worth of $1.42 billion. The enterprise value is $2.80 billion.
Important Dates
The last earnings date was Tuesday, November 12, 2024, before market open.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | Aug 29, 2024 |
Share Statistics
FLEX LNG has 53.94 million shares outstanding. The number of shares has increased by 0.29% in one year.
| Current Share Class | 53.94M |
| Shares Outstanding | 53.94M |
| Shares Change (YoY) | +0.29% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 43.55% |
| Owned by Institutions (%) | 22.62% |
| Float | 30.45M |
Valuation Ratios
The trailing PE ratio is 15.58 and the forward PE ratio is 12.25.
| PE Ratio | 15.58 |
| Forward PE | 12.25 |
| PS Ratio | 3.91 |
| Forward PS | n/a |
| PB Ratio | 1.78 |
| P/TBV Ratio | 1.77 |
| P/FCF Ratio | 7.69 |
| P/OCF Ratio | 7.69 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 10.54, with an EV/FCF ratio of 15.18.
| EV / Earnings | 30.53 |
| EV / Sales | 7.73 |
| EV / EBITDA | 10.54 |
| EV / EBIT | 13.64 |
| EV / FCF | 15.18 |
Financial Position
The company has a current ratio of 2.21, with a Debt / Equity ratio of 2.09.
| Current Ratio | 2.21 |
| Quick Ratio | 2.12 |
| Debt / Equity | 2.09 |
| Debt / EBITDA | 6.29 |
| Debt / FCF | 9.06 |
| Interest Coverage | 1.76 |
Financial Efficiency
Return on equity (ROE) is 10.96% and return on invested capital (ROIC) is 4.95%.
| Return on Equity (ROE) | 10.96% |
| Return on Assets (ROA) | 4.85% |
| Return on Capital (ROIC) | 4.95% |
| Revenue Per Employee | $36.26M |
| Profits Per Employee | $9.19M |
| Employee Count | 10 |
| Asset Turnover | 0.14 |
| Inventory Turnover | 14.33 |
Taxes
In the past 12 months, FLEX LNG has paid $74,000 in taxes.
| Income Tax | 74,000 |
| Effective Tax Rate | 0.08% |
Stock Price Statistics
The stock price has decreased by -14.81% in the last 52 weeks. The beta is 0.73, so FLEX LNG's price volatility has been lower than the market average.
| Beta (5Y) | 0.73 |
| 52-Week Price Change | -14.81% |
| 50-Day Moving Average | 25.46 |
| 200-Day Moving Average | 26.27 |
| Relative Strength Index (RSI) | 61.48 |
| Average Volume (20 Days) | 392,425 |
Short Selling Information
| Short Interest | 2.17M |
| Short Previous Month | 1.99M |
| Short % of Shares Out | 7.12% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 9.08 |
Income Statement
In the last 12 months, FLEX LNG had revenue of $362.65 million and earned $91.86 million in profits. Earnings per share was $1.69.
| Revenue | 362.65M |
| Gross Profit | 290.11M |
| Operating Income | 205.64M |
| Pretax Income | 136.75M |
| Net Income | 91.86M |
| EBITDA | 266.10M |
| EBIT | 205.64M |
| Earnings Per Share (EPS) | $1.69 |
Full Income StatementBalance Sheet
The company has $289.52 million in cash and $1.67 billion in debt, giving a net cash position of -$1.38 billion or -$25.66 per share.
| Cash & Cash Equivalents | 289.52M |
| Total Debt | 1.67B |
| Net Cash | -1.38B |
| Net Cash Per Share | -$25.66 |
| Equity (Book Value) | 801.93M |
| Book Value Per Share | 14.83 |
| Working Capital | 182.37M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $184.78 million and capital expenditures -$4,000, giving a free cash flow of $184.77 million.
| Operating Cash Flow | 184.78M |
| Capital Expenditures | -4,000 |
| Free Cash Flow | 184.77M |
| FCF Per Share | $3.43 |
Full Cash Flow StatementMargins
Gross margin is 80.00%, with operating and profit margins of 56.70% and 25.33%.
| Gross Margin | 80.00% |
| Operating Margin | 56.70% |
| Pretax Margin | 25.35% |
| Profit Margin | 25.33% |
| EBITDA Margin | 73.38% |
| EBIT Margin | 56.70% |
| FCF Margin | 47.77% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 11.39%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 11.39% |
| Dividend Growth (YoY) | -3.85% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 177.48% |
| Buyback Yield | -0.29% |
| Shareholder Yield | 11.10% |
| Earnings Yield | 6.47% |
| FCF Yield | 13.01% |
Dividend DetailsAnalyst Forecast
The average price target for FLEX LNG is $24.00, which is -8.88% lower than the current price. The consensus rating is "Hold".
| Price Target | $24.00 |
| Price Target Difference | -8.88% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | -1.75% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
FLEX LNG has an Altman Z-Score of 0.84 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.84 |
| Piotroski F-Score | 5 |