GOLAR LNG LTD (GLNG)
BMG9456A1009 - Common Stock
Taking everything into account, GLNG scores 3 out of 10 in our fundamental rating. GLNG was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. While GLNG is still in line with the averages on profitability rating, there are concerns on its financial health. GLNG is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
GLNG had positive earnings in the past year.
In the past year GLNG had a positive cash flow from operations.
In multiple years GLNG reported negative net income over the last 5 years.
Each year in the past 5 years GLNG had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.15%, GLNG is not doing good in the industry: 84.51% of the companies in the same industry are doing better.
GLNG's Return On Equity of -2.26% is on the low side compared to the rest of the industry. GLNG is outperformed by 81.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.36%, GLNG is doing worse than 79.34% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GLNG is significantly below the industry average of 45.92%.
The last Return On Invested Capital (2.36%) for GLNG is above the 3 year average (2.06%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -2.26% | ||
| ROIC | 2.36% |
ROA(3y)8.54%
ROA(5y)2.94%
ROE(3y)17.72%
ROE(5y)3.57%
ROIC(3y)2.06%
ROIC(5y)2.4%
1.3 Margins
GLNG has a Operating Margin of 35.40%. This is in the better half of the industry: GLNG outperforms 64.79% of its industry peers.
In the last couple of years the Operating Margin of GLNG has grown nicely.
GLNG's Gross Margin of 68.74% is fine compared to the rest of the industry. GLNG outperforms 72.77% of its industry peers.
In the last couple of years the Gross Margin of GLNG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.4% | ||
| PM (TTM) | N/A | ||
| GM | 68.74% |
OM growth 3Y-3.75%
OM growth 5Y9.29%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.93%
GM growth 5Y5.36%
2. Health
2.1 Basic Checks
GLNG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GLNG has less shares outstanding
Compared to 5 years ago, GLNG has more shares outstanding
The debt/assets ratio for GLNG is higher compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 0.42 indicates that GLNG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.42, GLNG perfoms like the industry average, outperforming 53.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.31
WACC7.65%
2.3 Liquidity
A Current Ratio of 1.49 indicates that GLNG should not have too much problems paying its short term obligations.
GLNG's Current ratio of 1.49 is fine compared to the rest of the industry. GLNG outperforms 65.73% of its industry peers.
GLNG has a Quick Ratio of 1.49. This is a normal value and indicates that GLNG is financially healthy and should not expect problems in meeting its short term obligations.
GLNG has a Quick ratio of 1.49. This is in the better half of the industry: GLNG outperforms 70.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.81% over the past year.
The Revenue has grown by 14.39% in the past year. This is quite good.
Measured over the past years, GLNG shows a decrease in Revenue. The Revenue has been decreasing by -7.07% on average per year.
EPS 1Y (TTM)2.81%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q65.63%
Revenue 1Y (TTM)14.39%
Revenue growth 3Y4.51%
Revenue growth 5Y-7.07%
Revenue growth Q2Q35.28%
3.2 Future
GLNG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -9.78% yearly.
Based on estimates for the next years, GLNG will show a quite strong growth in Revenue. The Revenue will grow by 14.31% on average per year.
EPS Next Y-25.41%
EPS Next 2Y-14.23%
EPS Next 3Y-9.78%
EPS Next 5YN/A
Revenue Next Year18.17%
Revenue Next 2Y23.13%
Revenue Next 3Y14.31%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.55 indicates a reasonable valuation of GLNG.
Compared to the rest of the industry, the Price/Earnings ratio of GLNG is on the same level as its industry peers.
GLNG is valuated cheaply when we compare the Price/Earnings ratio to 24.92, which is the current average of the S&P500 Index.
GLNG is valuated correctly with a Price/Forward Earnings ratio of 14.17.
The rest of the industry has a similar Price/Forward Earnings ratio as GLNG.
When comparing the Price/Forward Earnings ratio of GLNG to the average of the S&P500 Index (21.49), we can say GLNG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.55 | ||
| Fwd PE | 14.17 |
4.2 Price Multiples
GLNG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GLNG is more expensive than 75.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.23 |
4.3 Compensation for Growth
GLNG's earnings are expected to decrease with -9.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.23%
EPS Next 3Y-9.78%
5. Dividend
5.1 Amount
GLNG has a Yearly Dividend Yield of 4.00%.
Compared to an average industry Dividend Yield of 5.75, GLNG pays a bit more dividend than its industry peers.
GLNG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
5.2 History
The dividend of GLNG decreases each year by -10.40%.
GLNG has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-10.4%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The Dividend Rate of GLNG has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP0%
EPS Next 2Y-14.23%
EPS Next 3Y-9.78%
GOLAR LNG LTD
NASDAQ:GLNG (4/26/2024, 7:00:00 PM)
After market: 25.1 0 (0%)25.1
+0.08 (+0.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.62B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.55 | ||
| Fwd PE | 14.17 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -2.26% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 35.4% | ||
| PM (TTM) | N/A | ||
| GM | 68.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)2.81%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-25.41%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.39%
Revenue growth 3Y4.51%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y