FLEX LNG Ltd
OSE:FLNG

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FLEX LNG Ltd
OSE:FLNG
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Price: 230 NOK -0.22% Market Closed
Market Cap: 12.5B NOK
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one FLNG stock under the Base Case scenario is 385.5 NOK. Compared to the current market price of 230 NOK, FLEX LNG Ltd is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FLNG Relative Value
Base Case
385.5 NOK
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.5
P/S
P/S
Price to Sales
3.5
vs History
63
vs Industry
25
Median 3Y
4.1
Median 5Y
3.7
Industry
1.3
Forward
3.5
More Details
10.5
P/E
P/E
Price to Earnings
10.5
vs History
53
vs Industry
24
Median 3Y
10.7
Median 5Y
10.6
Industry
10.7
Forward
11.8
More Details
6.7
P/OCF
P/OCF
Price to OCF
6.7
vs History
52
vs Industry
21
Median 3Y
7.7
Median 5Y
6.8
Industry
4.9
More Details
16.5
P/FCFE
P/FCFE
Price to FCFE
16.5
vs History
20
vs Industry
30
Median 3Y
8.7
Median 5Y
7.7
Industry
10.6
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
57
vs Industry
29
Median 3Y
1.8
Median 5Y
1.6
Industry
1.2
More Details
7
EV/S
EV/S
Enterprise Value to Sales
7
vs History
85
vs Industry
20
Median 3Y
7.7
Median 5Y
7.8
Industry
1.9
Forward
7.2
More Details
8.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.7
vs History
84
vs Industry
23
Median 3Y
9.4
Median 5Y
9.6
Industry
4.7
More Details
9.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.1
vs History
82
vs Industry
19
Median 3Y
9.8
Median 5Y
10
Industry
6.3
Forward
9.5
More Details
12.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.6
vs History
77
vs Industry
18
Median 3Y
13.2
Median 5Y
13.3
Industry
8.9
Forward
13.4
More Details
13.7
EV/OCF
EV/OCF
Enterprise Value to OCF
13.7
vs History
58
vs Industry
14
Median 3Y
14.1
Median 5Y
14.1
Industry
6.5
More Details
13.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
13.7
vs History
49
vs Industry
20
Median 3Y
14.3
Median 5Y
13.7
Industry
10.7
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
58
vs Industry
32
Median 3Y
1.2
Median 5Y
1.2
Industry
1
More Details

Multiples Across Competitors

FLNG Competitors Multiples
FLEX LNG Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
FLEX LNG Ltd
OSE:FLNG
12.4B NOK 3.5 10.5 9.1 12.6
CA
Enbridge Inc
TSX:ENB
132.9B CAD 2.2 22.5 14.4 21.8
US
Williams Companies Inc
NYSE:WMB
71B USD 6.6 31.1 16.8 27.9
US
Enterprise Products Partners LP
NYSE:EPD
69.2B USD 1.2 12 10.5 14.2
US
Kinder Morgan Inc
NYSE:KMI
61.9B USD 4 24.1 13.7 21.3
US
Energy Transfer LP
NYSE:ET
59.9B USD 0.7 13.1 8.2 12.8
US
Cheniere Energy Inc
NYSE:LNG
52.4B USD 3.1 16.9 10.1 12.2
US
MPLX LP
NYSE:MPLX
51.5B USD 4.2 11.7 10.3 12.7
US
ONEOK Inc
NYSE:OKE
50.8B USD 2 16.8 12.4 15.4
CA
TC Energy Corp
TSX:TRP
67.4B CAD 5.1 15.4 14.6 21.6
US
Targa Resources Corp
NYSE:TRGP
37.4B USD 2.3 31.3 13 20.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
FLEX LNG Ltd
OSE:FLNG
Average EV/EBITDA: 12.1
9.1
1%
9.1
CA
Enbridge Inc
TSX:ENB
14.4
14%
1
US
Williams Companies Inc
NYSE:WMB
16.8
18%
0.9
US
Enterprise Products Partners LP
NYSE:EPD
10.5
6%
1.7
US
Kinder Morgan Inc
NYSE:KMI
13.7
10%
1.4
US
Energy Transfer LP
NYSE:ET
8.2
8%
1
US
Cheniere Energy Inc
NYSE:LNG
10.1
0%
N/A
US
MPLX LP
NYSE:MPLX
10.3
7%
1.5
US
ONEOK Inc
NYSE:OKE
12.4
14%
0.9
CA
TC Energy Corp
TSX:TRP
14.6
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
13
12%
1.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
FLEX LNG Ltd
OSE:FLNG
Average EV/EBIT: 17.5
12.6
1%
12.6
CA
Enbridge Inc
TSX:ENB
21.8
11%
2
US
Williams Companies Inc
NYSE:WMB
27.9
22%
1.3
US
Enterprise Products Partners LP
NYSE:EPD
14.2
6%
2.4
US
Kinder Morgan Inc
NYSE:KMI
21.3
9%
2.4
US
Energy Transfer LP
NYSE:ET
12.8
9%
1.4
US
Cheniere Energy Inc
NYSE:LNG
12.2
-1%
N/A
US
MPLX LP
NYSE:MPLX
12.7
7%
1.8
US
ONEOK Inc
NYSE:OKE
15.4
13%
1.2
CA
TC Energy Corp
TSX:TRP
21.6
15%
1.4
US
Targa Resources Corp
NYSE:TRGP
20.3
15%
1.4

See Also

Summary
FLNG intrinsic value, competitors valuation, and company profile.
DCF Valuation
FLNG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FLNG stock valuation using valuation multiples.
Wall Street Estimates
FLNG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FLNG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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