FLEX LNG Statistics
Total Valuation
FLEX LNG has a market cap or net worth of $1.46 billion. The enterprise value is $2.86 billion.
| Market Cap | 1.46B |
| Enterprise Value | 2.86B |
Important Dates
The next estimated earnings date is Wednesday, August 14, 2024, before market open.
| Earnings Date | Aug 14, 2024 |
| Ex-Dividend Date | Jun 10, 2024 |
Share Statistics
FLEX LNG has 53.74 million shares outstanding.
| Shares Outstanding | 53.74M |
| Owned by Insiders (%) | 44.33% |
| Owned by Institutions (%) | 21.06% |
| Float | 30.29M |
Valuation Ratios
The trailing PE ratio is 10.67 and the forward PE ratio is 11.27.
| PE Ratio | 10.67 |
| Forward PE | 11.27 |
| PS Ratio | 3.95 |
| Forward PS | n/a |
| PB Ratio | 1.73 |
| P/FCF Ratio | 8.26 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.93, with an EV/FCF ratio of 16.23.
| EV / Earnings | 20.91 |
| EV / Sales | 7.75 |
| EV / EBITDA | 8.93 |
| EV / EBIT | 11.63 |
| EV / FCF | 16.23 |
Financial Position
The company has a current ratio of 2.80, with a Debt / Equity ratio of 2.12.
| Current Ratio | 2.80 |
| Quick Ratio | 2.50 |
| Debt / Equity | 2.12 |
| Debt / EBITDA | 5.58 |
| Debt / FCF | 10.14 |
| Interest Coverage | 2.25 |
Financial Efficiency
Return on equity (ROE) is 15.90% and return on invested capital (ROIC) is 8.15%.
| Return on Equity (ROE) | 15.90% |
| Return on Assets (ROA) | 5.00% |
| Return on Capital (ROIC) | 8.15% |
| Revenue Per Employee | $36.88M |
| Profits Per Employee | $13.67M |
| Employee Count | 10 |
| Asset Turnover | 0.14 |
| Inventory Turnover | 13.47 |
Taxes
In the past 12 months, FLEX LNG has paid $22,000 in taxes.
| Income Tax | 22,000 |
| Effective Tax Rate | 0.02% |
Stock Price Statistics
The stock price has decreased by -11.64% in the last 52 weeks. The beta is 0.71, so FLEX LNG's price volatility has been lower than the market average.
| Beta (5Y) | 0.71 |
| 52-Week Price Change | -11.64% |
| 50-Day Moving Average | 27.59 |
| 200-Day Moving Average | 28.28 |
| Relative Strength Index (RSI) | 45.93 |
| Average Volume (20 Days) | 301,199 |
Short Selling Information
| Short Interest | 1.63M |
| Short Previous Month | 1.63M |
| Short % of Shares Out | 5.38% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 5.63 |
Income Statement
In the last 12 months, FLEX LNG had revenue of $368.78 million and earned $136.73 million in profits. Earnings per share was $2.54.
| Revenue | 368.78M |
| Gross Profit | 297.49M |
| Operating Income | 214.08M |
| Pretax Income | 136.75M |
| Net Income | 136.73M |
| EBITDA | 320.13M |
| EBIT | 245.84M |
| Earnings Per Share (EPS) | $2.54 |
Balance Sheet
The company has $383.34 million in cash and $1.79 billion in debt, giving a net cash position of -$1.40 billion or -$26.11 per share.
| Cash & Cash Equivalents | 383.34M |
| Total Debt | 1.79B |
| Net Cash | -1.40B |
| Net Cash Per Share | -$26.11 |
| Equity (Book Value) | 840.93M |
| Book Value Per Share | 15.65 |
| Working Capital | 276.34M |
Cash Flow
In the last 12 months, operating cash flow was $176.16 million and capital expenditures -$2,000, giving a free cash flow of $176.16 million.
| Operating Cash Flow | 176.16M |
| Capital Expenditures | -2,000 |
| Free Cash Flow | 176.16M |
| FCF Per Share | $3.28 |
Margins
Gross margin is 80.67%, with operating and profit margins of 58.05% and 37.08%.
| Gross Margin | 80.67% |
| Operating Margin | 58.05% |
| Pretax Margin | 37.08% |
| Profit Margin | 37.08% |
| EBITDA Margin | 86.81% |
| EBIT Margin | 66.66% |
| FCF Margin | 47.77% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 11.07%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 11.07% |
| Dividend Growth (YoY) | -16.47% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 118.11% |
| Buyback Yield | -0.10% |
| Shareholder Yield | 10.97% |
| Earnings Yield | 9.39% |
| FCF Yield | 12.10% |
Analyst Forecast
The average price target for FLEX LNG is $25.00, which is -7.72% lower than the current price. The consensus rating is "Sell".
| Price Target | $25.00 |
| Price Target Difference | -7.72% |
| Analyst Consensus | Sell |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | -1.75% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 11, 2019. It was a reverse split with a ratio of 1:10.
| Last Split Date | Mar 11, 2019 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
FLEX LNG has an Altman Z-Score of 0.85 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.85 |
| Piotroski F-Score | 5 |