FLNG Stock Analysis: FLEX LNG | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 1.734m USD | 12M Return: 34.3% | BMG359472021 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.92M
EPS Trend: -94.3%
Qual. Beats: 1
Rev. Trend: -82.9%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 7.1 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: 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 (2.43b) to EBITDA (261.8m): 9.30 < 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 August 23, 2026, the stock is trading at USD 32.03 with a total of 323,143 shares traded. Over the past week, the price has changed by +3.99%, over one month by +2.33%, over three months by +1.42% and over the past year by +34.33%.
Current recommended Stop Loss: 30.50 (which is 4.8% or 1.8 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 | -19.1% |
P/E Trailing = 17.0532
P/E Forward = 13.7552
P/S = 4.8109
P/B = 2.501
Revenue TTM = 360.5m USD
EBIT TTM = 183.7m USD
EBITDA TTM = 261.8m USD
Long Term Debt = 1.74b USD (from longTermDebt, last fiscal year)
Short Term Debt = 110.8m USD (from shortTermDebt, last quarter)
Debt = 2.83b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.04b
Net Debt = 2.43b USD (calculated: Debt 2.83b - CCE 397.4m)
Enterprise Value = 4.17b USD (1.73b + Debt 2.83b - CCE 397.4m)
Interest Coverage Ratio = 2.14 (Ebit TTM 183.7m / Interest Expense TTM 85.9m)
EV/FCF = 27.32x (Enterprise Value 4.17b / FCF TTM 152.6m)
FCF Yield = 3.66% (FCF TTM 152.6m / Enterprise Value 4.17b)
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 = 1.63 (Enterprise Value 4.17b / Total Assets 2.56b)
Interest Expense / Debt = 3.03% (Interest Expense 85.9m / Debt 2.83b)
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 = 4.03 (Debt 2.83b / totalStockholderEquity, last quarter 702.5m)
Debt / EBITDA = 9.30 (Net Debt 2.43b / EBITDA 261.8m)
Debt / FCF = 15.95 (Net Debt 2.43b / 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 = 7.49% (EBIT 183.7m / Capital Employed (Equity 714.6m + L.T.Debt 1.74b))
RoIC = 7.39% (NOPAT 183.6m / Invested Capital 2.49b)
WACC = 3.91% (E(1.73b)/V(4.57b) * Re(5.35%) + D(2.83b)/V(4.57b) * Rd(3.03%) * (1-Tc(0.00)))
Discount Rate = 5.35% (= 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 2.43b = -321.0m; 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=0.60 | Chg30d=-0.46% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=2.40 | Chg30d=+10.31% | Revisions=+50% | GrowthEPS=+28.6% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=2.14 | Chg30d=-0.31% | Revisions=+40% | GrowthEPS=-11.0% | GrowthRev=-1.2%
[Analyst] Revisions Ratio: +44% (up=5, down=1)