(FLNG) FLEX LNG - Overview

Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.648m USD | Total Return: 67.6% in 12m

Gas Transport, LNG Carriers, Shipping
Total Rating 55
Safety 75
Buy Signal 0.25
Oil & Gas Midstream
Industry Rotation: -12.6
Market Cap: 1.65B
Avg Turnover: 16.3M USD
ATR: 3.19%
Peers RS (IBD): 19.4
Risk 5d forecast
Volatility27.4%
Rel. Tail Risk-1.80%
Reward TTM
Sharpe Ratio1.80
Alpha57.09
Character TTM
Beta0.153
Beta Downside0.066
Drawdowns 3y
Max DD28.90%
CAGR/Max DD0.27
EPS (Earnings per Share) EPS (Earnings per Share) of FLNG over the last years for every Quarter: "2021-03": 0.63, "2021-06": 0.29, "2021-09": 0.6, "2021-12": 1.18, "2022-03": 0.45, "2022-06": 0.61, "2022-09": 0.79, "2022-12": 1.02, "2023-03": 0.66, "2023-06": 0.53, "2023-09": 0.67, "2023-12": 0.7, "2024-03": 0.6154, "2024-06": 0.56, "2024-09": 0.53, "2024-12": 0.57, "2025-03": 0.54, "2025-06": 0.46, "2025-09": 0.43, "2025-12": 0.43,
EPS CAGR: -1.21%
EPS Trend: -55.9%
Last SUE: -3.60
Qual. Beats: 0
Revenue Revenue of FLNG over the last years for every Quarter: 2021-03: 81.26, 2021-06: 65.843, 2021-09: 81.756, 2021-12: 114.589, 2022-03: 74.57, 2022-06: 84.158, 2022-09: 91.26, 2022-12: 97.929, 2023-03: 92.477, 2023-06: 86.727, 2023-09: 94.584, 2023-12: 97.234, 2024-03: 90.235, 2024-06: 84.697, 2024-09: 90.483, 2024-12: 90.934, 2025-03: 88.437, 2025-06: 85.983, 2025-09: 85.68, 2025-12: 87.537,
Rev. CAGR: 4.37%
Rev. Trend: 8.7%
Last SUE: 4.00
Qual. Beats: 1

Warnings

High Debt/EBITDA (5.7) with thin interest coverage (1.8)

Altman Z'' 1.03 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: FLNG FLEX LNG

FLEX LNG Ltd. (NYSE: FLNG) is a marine transportation company specializing in the global seaborne transport of liquefied natural gas (LNG).

The company operates a fleet of advanced LNG carriers, including vessels with M-type electronically controlled gas injection and Generation X dual-fuel propulsion systems. LNG shipping demand is influenced by global energy consumption and the increasing trade of natural gas.

To further understand FLNGs operational efficiency and financial health, consider exploring its detailed performance metrics on ValueRay.

Headlines to Watch Out For
  • LNG shipping rates dictate charter revenue
  • Global LNG demand impacts fleet utilization
  • Newbuild vessel deliveries increase market supply
  • Fuel costs directly affect operating expenses
  • Geopolitical events disrupt LNG trade routes
Piotroski VR‑10 (Strict) 3.5
Net Income: 74.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.77 > 1.0
NWC/Revenue: 97.07% < 20% (prev 88.57%; Δ 8.50% < -1%)
CFO/TA 0.05 > 3% & CFO 133.4m > Net Income 74.8m
Net Debt (1.40b) to EBITDA (244.2m): 5.74 < 3
Current Ratio: 3.03 > 1.5 & < 3
Outstanding Shares: last quarter (54.1m) vs 12m ago 0.12% < -2%
Gross Margin: 52.86% > 18% (prev 0.58%; Δ 5.23k% > 0.5%)
Asset Turnover: 13.14% > 50% (prev 13.35%; Δ -0.22% > 0%)
Interest Coverage Ratio: 1.81 > 6 (EBITDA TTM 244.2m / Interest Expense TTM 92.6m)
Altman Z'' 1.03
A: 0.13 (Total Current Assets 503.3m - Total Current Liabilities 165.8m) / Total Assets 2.62b
B: -0.08 (Retained Earnings -202.7m / Total Assets 2.62b)
C: 0.06 (EBIT TTM 167.6m / Avg Total Assets 2.65b)
D: 0.01 (Book Value of Equity 19.1m / Total Liabilities 1.90b)
Altman-Z'' Score: 1.03 = BB
Beneish M -3.91
DSRI: 0.25 (Receivables 340k/1.40m, Revenue 347.6m/356.3m)
GMI: 1.10 (GM 52.86% / 58.25%)
AQI: 0.46 (AQ_t 0.01 / AQ_t-1 0.02)
SGI: 0.98 (Revenue 347.6m / 356.3m)
TATA: -0.02 (NI 74.8m - CFO 133.4m) / TA 2.62b)
Beneish M-Score: -3.91 (Cap -4..+1) = AAA
What is the price of FLNG shares? As of April 09, 2026, the stock is trading at USD 30.17 with a total of 400,713 shares traded.
Over the past week, the price has changed by +2.97%, over one month by +2.27%, over three months by +20.60% and over the past year by +67.56%.
Is FLNG a buy, sell or hold? FLEX LNG has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold FLNG.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the FLNG price?
Analysts Target Price 26.1 -13.4%
FLEX LNG (FLNG) - Fundamental Data Overview as of 05 April 2026
P/E Trailing = 22.0797
P/E Forward = 18.4843
P/S = 4.7411
P/B = 2.2035
Revenue TTM = 347.6m USD
EBIT TTM = 167.6m USD
EBITDA TTM = 244.2m USD
Long Term Debt = 1.74b USD (from longTermDebt, last quarter)
Short Term Debt = 109.6m USD (from shortTermDebt, last quarter)
Debt = 1.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.40b USD (from netDebt column, last quarter)
Enterprise Value = 3.05b USD (1.65b + Debt 1.85b - CCE 447.7m)
Interest Coverage Ratio = 1.81 (Ebit TTM 167.6m / Interest Expense TTM 92.6m)
EV/FCF = 22.86x (Enterprise Value 3.05b / FCF TTM 133.4m)
FCF Yield = 4.37% (FCF TTM 133.4m / Enterprise Value 3.05b)
FCF Margin = 38.36% (FCF TTM 133.4m / Revenue TTM 347.6m)
Net Margin = 21.52% (Net Income TTM 74.8m / Revenue TTM 347.6m)
Gross Margin = 52.86% ((Revenue TTM 347.6m - Cost of Revenue TTM 163.9m) / Revenue TTM)
Gross Margin QoQ = 50.61% (prev 51.16%)
Tobins Q-Ratio = 1.16 (Enterprise Value 3.05b / Total Assets 2.62b)
Interest Expense / Debt = 1.24% (Interest Expense 22.9m / Debt 1.85b)
Taxrate = 0.07% (15.0k / 21.6m)
NOPAT = 167.4m (EBIT 167.6m * (1 - 0.07%))
Current Ratio = 3.03 (Total Current Assets 503.3m / Total Current Liabilities 165.8m)
Debt / Equity = 2.57 (Debt 1.85b / totalStockholderEquity, last quarter 719.3m)
Debt / EBITDA = 5.74 (Net Debt 1.40b / EBITDA 244.2m)
Debt / FCF = 10.50 (Net Debt 1.40b / FCF TTM 133.4m)
Total Stockholder Equity = 751.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.83% (Net Income 74.8m / Total Assets 2.62b)
RoE = 9.96% (Net Income TTM 74.8m / Total Stockholder Equity 751.1m)
RoCE = 6.73% (EBIT 167.6m / Capital Employed (Equity 751.1m + L.T.Debt 1.74b))
RoIC = 9.48% (NOPAT 167.4m / Invested Capital 1.77b)
WACC = 3.73% (E(1.65b)/V(3.50b) * Re(6.52%) + D(1.85b)/V(3.50b) * Rd(1.24%) * (1-Tc(0.00)))
Discount Rate = 6.52% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 85.62% ; FCFF base≈153.1m ; Y1≈142.9m ; Y5≈132.1m
[DCF] Fair Price = 47.29 (EV 3.96b - Net Debt 1.40b = Equity 2.56b / Shares 54.1m; r=6.0% [WACC]; 5y FCF grow -8.48% → 3.0% )
EPS Correlation: -55.92 | EPS CAGR: -1.21% | SUE: -3.60 | # QB: 0
Revenue Correlation: 8.72 | Revenue CAGR: 4.37% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.35 | Chg7d=+0.000 | Chg30d=-0.013 | Revisions Net=+1 | Analysts=4
EPS current Year (2026-12-31): EPS=1.59 | Chg7d=-0.002 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=-14.8% | Growth Revenue=-1.5%
EPS next Year (2027-12-31): EPS=1.98 | Chg7d=-0.006 | Chg30d=+0.020 | Revisions Net=-1 | Growth EPS=+24.5% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.4% (Discount Rate 7.9% - Earnings Yield 4.5%)
[Growth] Growth Spread = -10.8% (Analyst -7.4% - Implied 3.4%)
External Resources
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