FLNG Stock Analysis: FLEX LNG | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 1.595m USD | 12M Return: 44% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.8M
EPS Trend: -97.8%
Qual. Beats: -3
Rev. Trend: -95.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FLEX LNG Ltd. is a marine transportation company that operates a fleet of LNG carriers for the seaborne transport of liquefied natural gas. As of December 31, 2025, the company had 13 LNG carriers in operation. It is incorporated in Bermuda and headquartered in Hamilton, with common stock listed on the NYSE under the ticker FLNG.
LNG shipping is a specialized sub-industry of marine transportation, requiring vessels equipped with cryogenic containment systems to keep natural gas in liquid form at extremely low temperatures during transit. Operators in this segment typically generate revenue through time charter contracts with LNG producers, importers, and utilities, which provide a contracted backlog of shipping days and exposure to global LNG trade flows.
- LNG charter rates climb on tightening vessel supply
- Asian and European LNG demand sustains shipping volumes
- Long-term charter backlog expansion locks in cash flow visibility
| Net Income: 75.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -3.18 > 1.0 |
| NWC/Revenue: 87.47% < 20% (prev 82.97%; Δ 4.50% < -1%) |
| CFO/TA 0.04 > 3% & CFO 102.9m > Net Income 75.6m |
| Net Debt (2.42b) to EBITDA (243.6m): 9.93 < 3 |
| Current Ratio: 2.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.1m) vs 12m ago -0.00% < -2% |
| Gross Margin: 50.27% > 18% (prev 57.23%; Δ -6.96% > 0.5%) |
| Asset Turnover: 13.03% > 50% (prev 13.49%; Δ -0.46% > 0%) |
| Interest Coverage Ratio: 1.84 > 6 (EBIT TTM 166.3m / Interest Expense TTM 90.6m) |
| A: 0.11 (Total Current Assets 469.5m - Total Current Liabilities 172.4m) / Total Assets 2.58b |
| B: -0.07 (Retained Earnings -183.2m / Total Assets 2.58b) |
| C: 0.06 (EBIT TTM 166.3m / Avg Total Assets 2.61b) |
| D: 0.37 (Book Value of Equity 698.2m / Total Liabilities 1.89b) |
| Altman-Z'' = 1.34 = BB |
| DSRI: 0.17 (Receivables 653k/4.03m, Revenue 339.7m/354.6m) |
| GMI: 1.14 (GM 57.23% / 50.27%) |
| AQI: 0.80 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 0.96 (Revenue 339.7m / 354.6m) |
| TATA: -0.01 (NI 75.6m - CFO 102.9m) / TA 2.58b) |
| Beneish M = -3.73 (Cap -4..+1) = AAA |
As of July 04, 2026, the stock is trading at USD 29.29 with a total of 364,600 shares traded. Over the past week, the price has changed by -2.24%, over one month by -1.45%, over three months by -1.79% and over the past year by +44.01%.
Current recommended Stop Loss: 28.00 (which is 4.4% or 1.5 ATR below the current price).
FLEX LNG has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold FLNG.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 25.9 | -11.5% |
P/E Trailing = 21.2086
P/E Forward = 13.1234
P/S = 4.6949
P/B = 2.2839
Revenue TTM = 339.7m USD
EBIT TTM = 166.3m USD
EBITDA TTM = 243.6m USD
Long Term Debt = 733.4m USD (from longTermDebt, last quarter)
Short Term Debt = 60.2m USD (from shortTermDebt, last quarter)
Debt = 2.81b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.04b
Net Debt = 2.42b USD (calculated: Debt 2.81b - CCE 389.1m)
Enterprise Value = 4.01b USD (1.59b + Debt 2.81b - CCE 389.1m)
Interest Coverage Ratio = 1.84 (Ebit TTM 166.3m / Interest Expense TTM 90.6m)
EV/FCF = 39.03x (Enterprise Value 4.01b / FCF TTM 102.9m)
FCF Yield = 2.56% (FCF TTM 102.9m / Enterprise Value 4.01b)
FCF Margin = 30.28% (FCF TTM 102.9m / Revenue TTM 339.7m)
Net Margin = 22.26% (Net Income TTM 75.6m / Revenue TTM 339.7m)
Gross Margin = 50.27% ((Revenue TTM 339.7m - Cost of Revenue TTM 168.9m) / Revenue TTM)
Gross Margin QoQ = 45.68% (prev 50.61%)
Tobins Q-Ratio = 1.55 (Enterprise Value 4.01b / Total Assets 2.58b)
Interest Expense / Debt = 3.23% (Interest Expense 90.6m / Debt 2.81b)
Taxrate = 0.10% (72.0k / 75.7m)
NOPAT = 166.1m (EBIT 166.3m * (1 - 0.10%))
Current Ratio = 2.72 (Total Current Assets 469.5m / Total Current Liabilities 172.4m)
Debt / Equity = 4.02 (Debt 2.81b / totalStockholderEquity, last quarter 698.2m)
Debt / EBITDA = 9.93 (Net Debt 2.42b / EBITDA 243.6m)
Debt / FCF = 23.52 (Net Debt 2.42b / FCF TTM 102.9m)
Total Stockholder Equity = 729.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.90% (Net Income 75.6m / Total Assets 2.58b)
RoE = 10.36% (Net Income TTM 75.6m / Total Stockholder Equity 729.4m)
RoCE = 11.37% (EBIT 166.3m / Capital Employed (Equity 729.4m + L.T.Debt 733.4m))
RoIC = 6.77% (NOPAT 166.1m / Invested Capital 2.46b)
WACC = 4.31% (E(1.59b)/V(4.40b) * Re(6.22%) + D(2.81b)/V(4.40b) * Rd(3.23%) * (1-Tc(0.00)))
Discount Rate = 6.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 60.0 | Cagr: 0.10%
[DCF] Terminal Value 73.10% ; FCFF base≈137.0m ; Y1≈120.1m ; Y5≈97.0m
[DCF] Fair Price = N/A (negative equity: EV 1.56b - Net Debt 2.42b = -861.9m; debt exceeds intrinsic value)
EPS Correlation: -97.80 | EPS CAGR: -17.52% | SUE: -0.96 | # QB: -3
Revenue Correlation: -95.48 | Revenue CAGR: -3.00% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.61 | Chg30d=-2.05% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.60 | Chg30d=-0.46% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=2.16 | Chg30d=+1.06% | Revisions=+50% | GrowthEPS=+15.3% | GrowthRev=+5.5%
EPS next Year (2027-12-31): EPS=2.15 | Chg30d=+2.01% | Revisions=+50% | GrowthEPS=-0.5% | GrowthRev=-0.9%
[Analyst] Revisions Ratio: +73% (up=8, down=0)