FLEX LNG Ltd
OSE:FLNG

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FLEX LNG Ltd
OSE:FLNG
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Price: 249 NOK -0.8%
Market Cap: 13.6B 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 390.61 NOK. Compared to the current market price of 249 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
390.61 NOK
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.6
P/S
P/S
Price to Sales
3.6
vs History
52
vs Industry
25
Median 3Y
4.2
Median 5Y
3.7
Industry
1.2
Forward
3.7
More Details
11
P/E
P/E
Price to Earnings
11
vs History
46
vs Industry
24
Median 3Y
10.9
Median 5Y
10.9
Industry
9.8
Forward
12.4
More Details
7.1
P/OCF
P/OCF
Price to OCF
7.1
vs History
44
vs Industry
21
Median 3Y
7.7
Median 5Y
6.9
Industry
4.6
More Details
17.3
P/FCFE
P/FCFE
Price to FCFE
17.3
vs History
17
vs Industry
30
Median 3Y
8.7
Median 5Y
7.7
Industry
9.9
More Details
1.6
P/B
P/B
Price to Book Value
1.6
vs History
47
vs Industry
29
Median 3Y
1.8
Median 5Y
1.6
Industry
1.1
More Details
7.2
EV/S
EV/S
Enterprise Value to Sales
7.2
vs History
76
vs Industry
20
Median 3Y
7.7
Median 5Y
7.8
Industry
1.8
Forward
7.3
More Details
8.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.9
vs History
74
vs Industry
23
Median 3Y
9.5
Median 5Y
9.6
Industry
4.4
More Details
9.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.4
vs History
73
vs Industry
19
Median 3Y
9.9
Median 5Y
10
Industry
5.9
Forward
9.6
More Details
12.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.9
vs History
66
vs Industry
18
Median 3Y
13.2
Median 5Y
13.3
Industry
8.3
Forward
13.4
More Details
14
EV/OCF
EV/OCF
Enterprise Value to OCF
14
vs History
52
vs Industry
14
Median 3Y
14.1
Median 5Y
14.1
Industry
6.2
More Details
14
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
14
vs History
42
vs Industry
20
Median 3Y
14.4
Median 5Y
13.7
Industry
10.6
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
52
vs Industry
32
Median 3Y
1.2
Median 5Y
1.2
Industry
0.9
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
13.5B NOK 3.6 11 9.4 12.9
CA
Enbridge Inc
TSX:ENB
140.5B CAD 2.6 27.8 15.5 23.8
US
Williams Companies Inc
NYSE:WMB
72.8B USD 6.9 32.7 17.6 29.3
US
Enterprise Products Partners LP
NYSE:EPD
65.7B USD 1.2 11.3 10.2 13.7
US
Kinder Morgan Inc
NYSE:KMI
59.3B USD 3.8 23.1 13.4 20.7
US
Energy Transfer LP
NYSE:ET
57.1B USD 0.7 13 8.2 12.6
CA
TC Energy Corp
TSX:TRP
72.1B CAD 5.2 15.7 14.8 22
US
MPLX LP
NYSE:MPLX
52.3B USD 4.4 12.3 10.7 13.3
US
Cheniere Energy Inc
NYSE:LNG
52.5B USD 3.3 16.1 9.9 11.9
US
ONEOK Inc
NYSE:OKE
48.1B USD 2.2 15.8 12.6 15.5
US
Targa Resources Corp
NYSE:TRGP
35.3B USD 2.2 28 11.9 18.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
FLEX LNG Ltd
OSE:FLNG
Average EV/EBITDA: 12.2
9.4
1%
9.4
CA
Enbridge Inc
TSX:ENB
15.5
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.6
17%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.2
7%
1.5
US
Kinder Morgan Inc
NYSE:KMI
13.4
11%
1.2
US
Energy Transfer LP
NYSE:ET
8.2
9%
0.9
CA
TC Energy Corp
TSX:TRP
14.8
13%
1.1
US
MPLX LP
NYSE:MPLX
10.7
7%
1.5
US
Cheniere Energy Inc
NYSE:LNG
9.9
0%
N/A
US
ONEOK Inc
NYSE:OKE
12.6
15%
0.8
US
Targa Resources Corp
NYSE:TRGP
11.9
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
FLEX LNG Ltd
OSE:FLNG
Average EV/EBIT: 17.6
12.9
0%
N/A
CA
Enbridge Inc
TSX:ENB
23.8
11%
2.2
US
Williams Companies Inc
NYSE:WMB
29.3
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
13.7
7%
2
US
Kinder Morgan Inc
NYSE:KMI
20.7
13%
1.6
US
Energy Transfer LP
NYSE:ET
12.6
9%
1.4
CA
TC Energy Corp
TSX:TRP
22
16%
1.4
US
MPLX LP
NYSE:MPLX
13.3
6%
2.2
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
US
ONEOK Inc
NYSE:OKE
15.5
14%
1.1
US
Targa Resources Corp
NYSE:TRGP
18.2
16%
1.1

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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