FLNG Stock Analysis: FLEX LNG | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 1.699m USD | 12M Return: 38% | BMG359472021 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.6M
EPS Trend: -94.3%
Qual. Beats: 1
Rev. Trend: -82.9%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.3 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 Bermuda-based shipping company that operates a fleet of 13 LNG carriers providing seaborne transportation services for liquefied natural gas worldwide. The company was incorporated in 2006 and trades on the NYSE under the ticker FLNG, classified within the Industrials sector and Marine Transportation sub-industry.
The LNG shipping business model typically relies on long-term time charter contracts with major energy producers, utilities, and trading houses, providing relatively stable cash flows compared to spot market exposure. LNG carriers are specialized cryogenic vessels designed to maintain natural gas at approximately -162°C, requiring significant capital investment and technical expertise to operate.
- LNG charter rates climb on tight vessel supply
- Long-term contracts anchor multi-year cash flow visibility
- New vessel deliveries expand fleet capacity
| Net Income: 102.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.42 > 1.0 |
| NWC/Revenue: 79.30% < 20% (prev 85.49%; Δ -6.19% < -1%) |
| CFO/TA 0.06 > 3% & CFO 152.6m > Net Income 102.7m |
| Net Debt (2.42b) to EBITDA (261.8m): 9.24 < 3 |
| Current Ratio: 2.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.1m) vs 12m ago -0.01% < -2% |
| Gross Margin: 51.67% > 18% (prev 56.63%; Δ -4.96% > 0.5%) |
| Asset Turnover: 13.89% > 50% (prev 13.54%; Δ 0.35% > 0%) |
| Interest Coverage Ratio: 2.14 > 6 (EBIT TTM 183.7m / Interest Expense TTM 85.9m) |
| A: 0.11 (Total Current Assets 455.4m - Total Current Liabilities 169.6m) / Total Assets 2.56b |
| B: -0.05 (Retained Earnings -138.3m / Total Assets 2.56b) |
| C: 0.07 (EBIT TTM 183.7m / Avg Total Assets 2.59b) |
| D: 0.38 (Book Value of Equity 702.5m / Total Liabilities 1.86b) |
| Altman-Z'' = 1.43 = BB |
| DSRI: 0.10 (Receivables 490k/43.3m, Revenue 360.5m/355.8m) |
| GMI: 1.10 (GM 56.63% / 51.67%) |
| AQI: 1.13 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 1.01 (Revenue 360.5m / 355.8m) |
| TATA: -0.02 (NI 102.7m - CFO 152.6m) / TA 2.56b) |
| Beneish M = -3.60 (Cap -4..+1) = AAA |
As of October 11, 2026, the stock is trading at USD 30.84 with a total of 260,824 shares traded. Over the past week, the price has changed by -1.28%, over one month by -0.96%, over three months by +8.28% and over the past year by +37.99%.
Current recommended Stop Loss: 29.80 (which is 3.4% or 1.5 ATR below the current price).
FLEX LNG has no consensus analysts rating.
| Analysts Target Price | 26.1 | -15.3% |
P/E Trailing = 16.445
P/E Forward = 12.3762
P/S = 4.7134
P/B = 2.384
Revenue TTM = 360.5m USD
EBIT TTM = 183.7m USD
EBITDA TTM = 261.8m USD
Long Term Debt = 1.68b USD (from longTermDebt, last quarter)
Short Term Debt = 110.8m USD (from shortTermDebt, last quarter)
Debt = 2.82b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.02b
Net Debt = 2.42b USD (calculated: Debt 2.82b - CCE 397.4m)
Enterprise Value = 4.12b USD (1.70b + Debt 2.82b - CCE 397.4m)
Interest Coverage Ratio = 2.14 (Ebit TTM 183.7m / Interest Expense TTM 85.9m)
EV/FCF = 26.99x (Enterprise Value 4.12b / FCF TTM 152.6m)
FCF Yield = 3.70% (FCF TTM 152.6m / Enterprise Value 4.12b)
FCF Margin = 42.32% (FCF TTM 152.6m / Revenue TTM 360.5m)
Net Margin = 28.50% (Net Income TTM 102.7m / Revenue TTM 360.5m)
Gross Margin = 51.67% ((Revenue TTM 360.5m - Cost of Revenue TTM 174.2m) / Revenue TTM)
Gross Margin QoQ = 57.46% (prev 45.68%)
Tobins Q-Ratio = 1.61 (Enterprise Value 4.12b / Total Assets 2.56b)
Interest Expense / Debt = 3.05% (Interest Expense 85.9m / Debt 2.82b)
Taxrate = 0.07% (68.0k / 102.8m)
NOPAT = 183.6m (EBIT 183.7m * (1 - 0.07%))
Current Ratio = 2.69 (Total Current Assets 455.4m / Total Current Liabilities 169.6m)
Debt / Equity = 4.01 (Debt 2.82b / totalStockholderEquity, last quarter 702.5m)
Debt / EBITDA = 9.24 (Net Debt 2.42b / EBITDA 261.8m)
Debt / FCF = 15.86 (Net Debt 2.42b / FCF TTM 152.6m)
Total Stockholder Equity = 714.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.96% (Net Income 102.7m / Total Assets 2.56b)
RoE = 14.38% (Net Income TTM 102.7m / Total Stockholder Equity 714.6m)
RoCE = 7.66% (EBIT 183.7m / Capital Employed (Equity 714.6m + L.T.Debt 1.68b))
RoIC = 7.39% (NOPAT 183.6m / Invested Capital 2.49b)
WACC = 3.88% (E(1.70b)/V(4.52b) * Re(5.25%) + D(2.82b)/V(4.52b) * Rd(3.05%) * (1-Tc(0.00)))
Discount Rate = 5.25% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.23 | Cagr: 0.09%
[DCF] Terminal Value 74.13% ; FCFF base≈158.5m ; Y1≈147.3m ; Y5≈133.5m
[DCF] Fair Price = N/A (negative equity: EV 2.11b - Net Debt 2.42b = -306.2m; debt exceeds intrinsic value)
EPS Correlation: -94.30 | EPS CAGR: -15.52% | SUE: 3.28 | # QB: 1
Revenue Correlation: -82.94 | Revenue CAGR: -2.52% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.61 | Chg30d=+1.01% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=2.34 | Chg30d=+4.16% | Revisions=+40% | GrowthEPS=+25.1% | GrowthRev=+6.8%
EPS next Year (2027-12-31): EPS=2.16 | Chg30d=+0.96% | Revisions=+0% | GrowthEPS=-7.7% | GrowthRev=-1.5%
[Analyst] Revisions Ratio: +38% (up=4, down=1)