SFL Corporation Ltd
NYSE:SFL
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (0.8), the stock would be worth $9.27 (20% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1 | $11.59 |
0%
|
| 3-Year Average | 0.8 | $9.27 |
-20%
|
| 5-Year Average | 0.8 | $9.07 |
-22%
|
| Industry Average | 0.8 | $8.85 |
-24%
|
| Country Average | 0.5 | $5.1 |
-56%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| BM |
|
SFL Corporation Ltd
NYSE:SFL
|
1.7B USD | 1 | -63.4 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
164.4B CAD | 1.2 | 22.7 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
92.3B USD | 2.1 | 35.3 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
82.2B USD | 1.5 | 14.3 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
72.4B USD | 1.4 | 21.9 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
94.8B CAD | 1.3 | 27.8 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
68.6B USD | 1 | 16.4 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
56.9B USD | 1.4 | 16.8 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
56.8B USD | 1.7 | 10.7 | |
| US |
|
MPLX LP
NYSE:MPLX
|
57.7B USD | 2 | 11.8 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
54.6B USD | 3.1 | 29.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.2 |
| Median | 0.5 |
| 70th Percentile | 0.8 |
| Max | 21.1 |
Other Multiples
SFL Corporation Ltd
Glance View
In the vast realm of maritime logistics, SFL Corporation Ltd. navigates the complex channels of global trade with a fleet that plays a pivotal role in the intricate dance of supply and demand. Established as a prominent player in the shipping industry, SFL operates by effectively leveraging its diverse fleet that includes oil tankers, dry bulk carriers, and containerships. The company capitalizes on long-term charter agreements with leading operators, which ensures a steady stream of revenue. These arrangements are not only strategic but also safeguard SFL against the volatility of spot shipping rates, providing a fortress of economic stability and predictability. By skillfully managing both the acquisition and long-term leasing of vessels, SFL crafts a business model that promotes sustained growth and financial resilience. SFL's journey through the seas is bolstered by its strategic alliances and robust operational practices, which are central to its business model. The company stands as a testament to the maritime industry's transformative power as it balances between the ownership of vessels and their commercial management. SFL smartly invests in new and advanced ships, enhancing its fleet's capabilities and ensuring compliance with evolving environmental regulations. Its business strategy encompasses capitalizing on fleet expansion opportunities to enhance earnings and deliver returns for its stakeholders. Ultimately, SFL Corporation thrives on its adept ability to navigate the tides of the shipping market, underpinned by prudent financial practices and a visionary approach to maritime asset management.