FLEX LNG Statistics
Total Valuation
FLEX LNG has a market cap or net worth of $1.39 billion. The enterprise value is $2.79 billion.
| Market Cap | 1.39B |
| Enterprise Value | 2.79B |
Important Dates
The next estimated earnings date is Tuesday, May 14, 2024, before market open.
| Earnings Date | May 14, 2024 |
| Ex-Dividend Date | Feb 22, 2024 |
Share Statistics
FLEX LNG has 53.74 million shares outstanding.
| Shares Outstanding | 53.74M |
| Owned by Insiders (%) | 44.33% |
| Owned by Institutions (%) | 21.74% |
| Float | 30.23M |
Valuation Ratios
The trailing PE ratio is 11.62 and the forward PE ratio is 11.27.
| PE Ratio | 11.62 |
| Forward PE | 11.27 |
| PS Ratio | 3.74 |
| Forward PS | 3.72 |
| PB Ratio | 1.63 |
| P/FCF Ratio | 7.92 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.22, with an EV/FCF ratio of 15.93.
| EV / Earnings | 23.22 |
| EV / Sales | 7.51 |
| EV / EBITDA | 9.22 |
| EV / EBIT | 12.18 |
| EV / FCF | 15.93 |
Financial Position
The company has a current ratio of 2.89, with a Debt / Equity ratio of 2.14.
| Current Ratio | 2.89 |
| Quick Ratio | 2.68 |
| Debt / Equity | 2.14 |
| Debt / EBITDA | 6.00 |
| Debt / FCF | 10.35 |
| Interest Coverage | 2.10 |
Financial Efficiency
Return on equity (ROE) is 13.90% and return on invested capital (ROIC) is 8.16%.
| Return on Equity (ROE) | 13.90% |
| Return on Assets (ROA) | 4.30% |
| Return on Capital (ROIC) | 8.16% |
| Revenue Per Employee | $37.10M |
| Profits Per Employee | $12.00M |
| Employee Count | 10 |
| Asset Turnover | 0.13 |
| Inventory Turnover | 13.53 |
Taxes
In the past 12 months, FLEX LNG has paid $78,000 in taxes.
| Income Tax | 78,000 |
| Effective Tax Rate | 0.06% |
Stock Price Statistics
The stock price has decreased by -26.44% in the last 52 weeks. The beta is 0.69, so FLEX LNG's price volatility has been lower than the market average.
| Beta (1Y) | 0.69 |
| 52-Week Price Change | -26.44% |
| 50-Day Moving Average | 25.57 |
| 200-Day Moving Average | 29.15 |
| Relative Strength Index (RSI) | 53.10 |
| Average Volume (30 Days) | 362,430 |
Short Selling Information
| Short Interest | 1.40M |
| Short Previous Month | 1.58M |
| Short % of Shares Out | 4.62% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 4.18 |
Income Statement
In the last 12 months, FLEX LNG had revenue of $371.02 million and earned $120.04 million in profits. Earnings per share was $2.22.
| Revenue | 371.02M |
| Gross Profit | 300.99M |
| Operating Income | 217.16M |
| Pretax Income | 120.12M |
| Net Income | 120.04M |
| EBITDA | 302.20M |
| EBIT | 228.84M |
| Earnings Per Share (EPS) | $2.22 |
Balance Sheet
The company has $410.54 million in cash and $1.81 billion in debt, giving a net cash position of -$1.40 billion or -$26.08 per share.
| Cash & Cash Equivalents | 410.54M |
| Total Debt | 1.81B |
| Net Cash | -1.40B |
| Net Cash Per Share | -$26.08 |
| Equity / Book Value | 847.65M |
| Book Value Per Share | 15.77 |
| Working Capital | 289.79M |
Cash Flow
In the last 12 months, operating cash flow was $175.03 million and capital expenditures -$2,000, giving a free cash flow of $175.03 million.
| Operating Cash Flow | 175.03M |
| Capital Expenditures | -2,000 |
| Free Cash Flow | 175.03M |
| FCF Per Share | $3.26 |
Margins
Gross margin is 81.12%, with operating and profit margins of 58.53% and 32.35%.
| Gross Margin | 81.12% |
| Operating Margin | 58.53% |
| Pretax Margin | 32.37% |
| Profit Margin | 32.35% |
| EBITDA Margin | 81.45% |
| EBIT Margin | 61.68% |
| FCF Margin | 47.18% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 11.63%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 11.63% |
| Dividend Growth (YoY) | -16.47% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 135.14% |
| Buyback Yield | -0.87% |
| Shareholder Yield | 10.76% |
| Earnings Yield | 8.66% |
| FCF Yield | 12.63% |
Analyst Forecast
The average price target for FLEX LNG is $32.00, which is 24.08% higher than the current price. The consensus rating is "Hold".
| Price Target | $32.00 |
| Price Target Difference | 24.08% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| 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 0.81 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.81 |
| Piotroski F-Score | 7 |