FLNG Stock Analysis: FLEX LNG | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 1.397m USD | 12M Return: 8.7% | BMG359472021 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.0M
EPS Trend: -80.5%
Qual. Beats: 0
Rev. Trend: -43.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.4 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 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: 128.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.37 > 1.0 |
| NWC/Revenue: 73.19% < 20% (prev 104.3%; Δ -31.06% < -1%) |
| CFO/TA 0.06 > 3% & CFO 157.1m > Net Income 128.7m |
| Net Debt (2.49b) to EBITDA (285.3m): 8.71 < 3 |
| Current Ratio: 2.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.1m) vs 12m ago -0.01% < -2% |
| Gross Margin: 52.97% > 18% (prev 54.69%; Δ -1.72% > 0.5%) |
| Asset Turnover: 14.29% > 50% (prev 13.10%; Δ 1.19% > 0%) |
| Interest Coverage Ratio: 2.50 > 6 (EBIT TTM 206.5m / Interest Expense TTM 82.6m) |
| A: 0.11 (Total Current Assets 441.5m - Total Current Liabilities 169.1m) / Total Assets 2.53b |
| B: -0.04 (Retained Earnings -95.5m / Total Assets 2.53b) |
| C: 0.08 (EBIT TTM 206.5m / Avg Total Assets 2.60b) |
| D: 0.39 (Book Value of Equity 704.7m / Total Liabilities 1.82b) |
| Altman-Z'' = 1.52 = BB |
As of November 15, 2026, the stock is trading at USD 25.48 with a total of 522,319 shares traded. Over the past week, the price has changed by -2.23%, over one month by -16.49%, over three months by -13.90% and over the past year by +8.71%.
Current recommended Stop Loss: 24.30 (which is 4.6% or 1.4 ATR below the current price).
FLEX LNG has received a consensus analysts rating of 1.80. Therefore, it is recommended to sell FLNG.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 3
| Analysts Target Price | 24.8 | -2.6% |
P/E Trailing = 10.8529
P/E Forward = 12.3762
P/S = 3.7542
P/B = 1.9489
Revenue TTM = 372.2m USD
EBIT TTM = 206.5m USD
EBITDA TTM = 285.3m USD
Long Term Debt = 708.9m USD (from longTermDebt, last quarter)
Short Term Debt = 109.6m USD (from shortTermDebt, last fiscal year)
Debt = 2.86b USD (from shortLongTermDebtTotal, last fiscal year) + Leases 1.01b
Net Debt = 2.49b USD (calculated: Debt 2.86b - CCE 370.8m)
Enterprise Value = 3.88b USD (1.40b + Debt 2.86b - CCE 370.8m)
Interest Coverage Ratio = 2.50 (Ebit TTM 206.5m / Interest Expense TTM 82.6m)
EV/FCF = 24.71x (Enterprise Value 3.88b / FCF TTM 157.1m)
FCF Yield = 4.05% (FCF TTM 157.1m / Enterprise Value 3.88b)
FCF Margin = 42.22% (FCF TTM 157.1m / Revenue TTM 372.2m)
Net Margin = 34.59% (Net Income TTM 128.7m / Revenue TTM 372.2m)
Gross Margin = 52.97% ((Revenue TTM 372.2m - Cost of Revenue TTM 175.0m) / Revenue TTM)
Gross Margin QoQ = 56.18% (prev 57.46%)
Tobins Q-Ratio = 1.53 (Enterprise Value 3.88b / Total Assets 2.53b)
Interest Expense / Debt = 2.89% (Interest Expense 82.6m / Debt 2.86b)
Taxrate = 0.07% (86.0k / 128.8m)
NOPAT = 206.3m (EBIT 206.5m * (1 - 0.07%))
Current Ratio = 2.61 (Total Current Assets 441.5m / Total Current Liabilities 169.1m)
Debt / Equity = 4.05 (Debt 2.86b / totalStockholderEquity, last quarter 704.7m)
Debt / EBITDA = 8.71 (Net Debt 2.49b / EBITDA 285.3m)
Debt / FCF = 15.81 (Net Debt 2.49b / FCF TTM 157.1m)
Total Stockholder Equity = 706.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.94% (Net Income 128.7m / Total Assets 2.53b)
RoE = 18.23% (Net Income TTM 128.7m / Total Stockholder Equity 706.2m)
RoCE = 14.59% (EBIT 206.5m / Capital Employed (Equity 706.2m + L.T.Debt 708.9m))
RoIC = 8.42% (NOPAT 206.3m / Invested Capital 2.45b)
WACC = 3.61% (E(1.40b)/V(4.25b) * Re(5.09%) + D(2.86b)/V(4.25b) * Rd(2.89%) * (1-Tc(0.00)))
Discount Rate = 5.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.23 | Cagr: 0.09%
[DCF] Terminal Value 75.49% ; FCFF base≈156.9m ; Y1≈158.0m ; Y5≈168.4m
[DCF] Fair Price = 2.45 (EV 2.62b - Net Debt 2.49b = Equity 132.4m / Shares 54.1m; r=8.35% [WACC [floored]]; 5y FCF grow 0.36% → 2.50% )
EPS Correlation: -80.50 | EPS CAGR: -11.64% | SUE: 0.17 | # QB: 0
Revenue Correlation: -43.40 | Revenue CAGR: -1.34% | SUE: 0.81 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.55 | Chg30d=+0.00% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=2.28 | Chg30d=-3.43% | Revisions=-25% | GrowthEPS=+22.1% | GrowthRev=+5.8%
EPS next Year (2027-12-31): EPS=2.01 | Chg30d=-6.54% | Revisions=+25% | GrowthEPS=-11.9% | GrowthRev=-1.5%
[Analyst] Revisions Ratio: +17% (up=2, down=1)