FLEX LNG Ltd
OSE:FLNG

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FLEX LNG Ltd
OSE:FLNG
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Price: 254 NOK 1.6% Market Closed
Market Cap: 13.8B NOK
Section:
 

Relative Value

The Relative Value of one FLNG stock under the Base Case scenario is 395.44 NOK. Compared to the current market price of 254 NOK, FLEX LNG Ltd is Undervalued by 36%.

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
395.44 NOK
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.8
P/S
P/S
Price to Sales
3.8
vs History
30
vs Industry
25
Median 3Y
3.8
Median 5Y
3.6
Industry
1.4
Forward
3.9
More Details
13.7
P/E
P/E
Price to Earnings
13.7
vs History
12
vs Industry
24
Median 3Y
10.5
Median 5Y
9.9
Industry
12.2
Forward
12.6
More Details
8.1
P/OCF
P/OCF
Price to OCF
8.1
vs History
4
vs Industry
21
Median 3Y
7.1
Median 5Y
6.7
Industry
5.2
More Details
6.5
P/FCFE
P/FCFE
Price to FCFE
6.5
vs History
53
vs Industry
30
Median 3Y
6.6
Median 5Y
6.6
Industry
11.2
More Details
1.8
P/B
P/B
Price to Book Value
1.8
vs History
6
vs Industry
29
Median 3Y
1.6
Median 5Y
1.6
Industry
1.3
More Details
7.4
EV/S
EV/S
Enterprise Value to Sales
7.4
vs History
49
vs Industry
20
Median 3Y
7.3
Median 5Y
7.5
Industry
2.1
Forward
7.6
More Details
9.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.3
vs History
41
vs Industry
23
Median 3Y
9
Median 5Y
9.2
Industry
5.2
More Details
9.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.8
vs History
36
vs Industry
19
Median 3Y
9.4
Median 5Y
9.6
Industry
6.7
Forward
10
More Details
13.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.7
vs History
31
vs Industry
18
Median 3Y
12.6
Median 5Y
12.9
Industry
10.1
Forward
14.2
More Details
15.7
EV/OCF
EV/OCF
Enterprise Value to OCF
15.7
vs History
12
vs Industry
14
Median 3Y
14
Median 5Y
13.7
Industry
7
More Details
15.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.7
vs History
7
vs Industry
20
Median 3Y
14
Median 5Y
13.2
Industry
11.6
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
9
vs Industry
32
Median 3Y
1.2
Median 5Y
1.1
Industry
1
More Details

Multiples Across Competitors

FLNG Competitors Multiples
FLEX LNG Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
FLEX LNG Ltd
OSE:FLNG
13.7B NOK 3.8 13.7 9.8 13.7
CA
Enbridge Inc
TSX:ENB
142.8B CAD 2.2 25.4 14.8 22.4
US
Williams Companies Inc
NYSE:WMB
73B USD 6.4 30.8 15.8 25
US
Enterprise Products Partners LP
NYSE:EPD
69.5B USD 1.3 12.1 10.7 14.6
US
Kinder Morgan Inc
NYSE:KMI
59.5B USD 3.6 21.9 13.2 20.3
CA
TC Energy Corp
TSX:TRP
78.4B CAD 6.3 23.1 15.9 23.3
US
Energy Transfer LP
NYSE:ET
56.9B USD 0.7 13.2 7.9 12.6
US
MPLX LP
NYSE:MPLX
55.8B USD 4.4 11.6 11 13.5
US
ONEOK Inc
NYSE:OKE
46.3B USD 1.5 13.9 10.5 13.1
US
Cheniere Energy Inc
NYSE:LNG
41.1B USD 2.2 10.3 7.4 8.8
US
Targa Resources Corp
NYSE:TRGP
39.4B USD 2.3 24.4 12.1 18
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
FLEX LNG Ltd
OSE:FLNG
Average EV/EBITDA: 11.7
9.8
1%
9.8
CA
Enbridge Inc
TSX:ENB
14.8
14%
1.1
US
Williams Companies Inc
NYSE:WMB
15.8
19%
0.8
US
Enterprise Products Partners LP
NYSE:EPD
10.7
5%
2.1
US
Kinder Morgan Inc
NYSE:KMI
13.2
11%
1.2
CA
TC Energy Corp
TSX:TRP
15.9
13%
1.2
US
Energy Transfer LP
NYSE:ET
7.9
9%
0.9
US
MPLX LP
NYSE:MPLX
11
8%
1.4
US
ONEOK Inc
NYSE:OKE
10.5
13%
0.8
US
Cheniere Energy Inc
NYSE:LNG
7.4
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
12.1
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
FLEX LNG Ltd
OSE:FLNG
Average EV/EBIT: 16.8
13.7
1%
13.7
CA
Enbridge Inc
TSX:ENB
22.4
17%
1.3
US
Williams Companies Inc
NYSE:WMB
25
23%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
14.6
5%
2.9
US
Kinder Morgan Inc
NYSE:KMI
20.3
10%
2
CA
TC Energy Corp
TSX:TRP
23.3
16%
1.5
US
Energy Transfer LP
NYSE:ET
12.6
7%
1.8
US
MPLX LP
NYSE:MPLX
13.5
7%
1.9
US
ONEOK Inc
NYSE:OKE
13.1
11%
1.2
US
Cheniere Energy Inc
NYSE:LNG
8.8
-1%
N/A
US
Targa Resources Corp
NYSE:TRGP
18
15%
1.2

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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