37.36 USD
+0.42 (+1.14%)
37.35 USD
-0.01 (-0.03%)
We assign a fundamental rating of 3 out of 10 to GLNG. GLNG was compared to 209 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 has a expensive valuation and it also scores bad on growth.
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.
The reported net income has been mixed in the past 5 years: GLNG reported negative net income in multiple years.
In the past 5 years GLNG always reported a positive cash flow from operatings.
1.2 Ratios
GLNG has a worse Return On Assets (1.28%) than 62.20% of its industry peers.
Looking at the Return On Equity, with a value of 3.15%, GLNG is doing worse than 60.77% of the companies in the same industry.
With a Return On Invested Capital value of 1.70%, GLNG is not doing good in the industry: 71.77% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for GLNG is significantly below the industry average of 21.47%.
The 3 year average ROIC (1.67%) for GLNG is below the current ROIC(1.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 3.15% | ||
| ROIC | 1.7% |
ROA(3y)6.14%
ROA(5y)4.09%
ROE(3y)10.59%
ROE(5y)6.9%
ROIC(3y)1.67%
ROIC(5y)1.97%
1.3 Margins
GLNG has a Profit Margin of 18.31%. This is in the better half of the industry: GLNG outperforms 72.25% of its industry peers.
In the last couple of years the Profit Margin of GLNG has declined.
Looking at the Operating Margin, with a value of 26.12%, GLNG is in the better half of the industry, outperforming 65.55% of the companies in the same industry.
GLNG's Operating Margin has declined in the last couple of years.
GLNG's Gross Margin of 58.32% is fine compared to the rest of the industry. GLNG outperforms 67.46% of its industry peers.
GLNG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.12% | ||
| PM (TTM) | 18.31% | ||
| GM | 58.32% |
OM growth 3Y-23.38%
OM growth 5Y-9.29%
PM growth 3Y-50.3%
PM growth 5YN/A
GM growth 3Y-10.75%
GM growth 5Y-3.68%
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.
The number of shares outstanding for GLNG remains at a similar level compared to 1 year ago.
The number of shares outstanding for GLNG has been increased compared to 5 years ago.
Compared to 1 year ago, GLNG has a worse debt to assets ratio.
2.2 Solvency
GLNG has an Altman-Z score of 0.98. This is a bad value and indicates that GLNG is not financially healthy and even has some risk of bankruptcy.
GLNG has a Altman-Z score of 0.98. This is comparable to the rest of the industry: GLNG outperforms 45.45% of its industry peers.
GLNG has a Debt/Equity ratio of 0.75. This is a neutral value indicating GLNG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.75, GLNG is doing worse than 65.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.98 |
ROIC/WACC0.21
WACC8.14%
2.3 Liquidity
A Current Ratio of 1.32 indicates that GLNG should not have too much problems paying its short term obligations.
With a Current ratio value of 1.32, GLNG perfoms like the industry average, outperforming 58.85% of the companies in the same industry.
GLNG has a Quick Ratio of 1.32. 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 better Quick ratio (1.32) than 66.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The earnings per share for GLNG have decreased strongly by -41.49% in the last year.
GLNG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.16% yearly.
GLNG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.15%.
GLNG shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -10.32% yearly.
EPS 1Y (TTM)-41.49%
EPS 3Y-2.16%
EPS 5YN/A
EPS Q2Q%1.74%
Revenue 1Y (TTM)19.15%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%89.08%
3.2 Future
GLNG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -81.53% yearly.
Based on estimates for the next years, GLNG will show a quite strong growth in Revenue. The Revenue will grow by 16.49% on average per year.
EPS Next Y-13.08%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
EPS Next 5YN/A
Revenue Next Year46.94%
Revenue Next 2Y20.03%
Revenue Next 3Y16.49%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
GLNG is valuated quite expensively with a Price/Earnings ratio of 28.09.
Compared to the rest of the industry, the Price/Earnings ratio of GLNG indicates a slightly more expensive valuation: GLNG is more expensive than 61.72% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of GLNG to the average of the S&P500 Index (26.15), we can say GLNG is valued inline with the index average.
With a Price/Forward Earnings ratio of 47.98, GLNG can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, GLNG is valued a bit more expensive than the industry average as 64.11% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 36.22. GLNG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.09 | ||
| Fwd PE | 47.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GLNG is valued a bit more expensive than the industry average as 72.25% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 37.73 |
4.3 Compensation for Growth
A cheap valuation may be justified as GLNG's earnings are expected to decrease with -81.53% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
5. Dividend
5.1 Amount
GLNG has a Yearly Dividend Yield of 2.72%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.96, GLNG has a dividend in line with its industry peers.
GLNG's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
On average, the dividend of GLNG grows each year by 12.28%, which is quite nice.
GLNG has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of GLNG decreased recently.
Dividend Growth(5Y)12.28%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
GLNG pays out 173.93% of its income as dividend. This is not a sustainable payout ratio.
GLNG's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP173.93%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
37.36
+0.42 (+1.14%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners89.28%
Inst Owner Change-0.93%
Ins Owners2.62%
Ins Owner ChangeN/A
Market Cap3.83B
Revenue(TTM)326.63M
Net Income(TTM)59.81M
Analysts85.33
Price Target52.38 (40.2%)
Short Float %8.52%
Short Ratio6.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Yearly Dividend1
Dividend Growth(5Y)12.28%
DP173.93%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.97%
Min EPS beat(2)-9.66%
Max EPS beat(2)29.6%
EPS beat(4)1
Avg EPS beat(4)2.8%
Min EPS beat(4)-9.66%
Max EPS beat(4)29.6%
EPS beat(8)4
Avg EPS beat(8)17.6%
EPS beat(12)7
Avg EPS beat(12)9.01%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)0
Avg Revenue beat(2)-4.69%
Min Revenue beat(2)-6.29%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-7.3%
Min Revenue beat(4)-11.62%
Max Revenue beat(4)-3.08%
Revenue beat(8)0
Avg Revenue beat(8)-9.84%
Revenue beat(12)0
Avg Revenue beat(12)-10.91%
Revenue beat(16)0
Avg Revenue beat(16)-16.18%
PT rev (1m)3.7%
PT rev (3m)3.78%
EPS NQ rev (1m)-2.36%
EPS NQ rev (3m)-16.9%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.19%
Revenue NQ rev (1m)-1.71%
Revenue NQ rev (3m)-2.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.09 | ||
| Fwd PE | 47.98 | ||
| P/S | 11.71 | ||
| P/FCF | N/A | ||
| P/OCF | 7.59 | ||
| P/B | 2.02 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 37.73 |
EPS(TTM)1.33
EY3.56%
EPS(NY)0.78
Fwd EY2.08%
FCF(TTM)-4.41
FCFYN/A
OCF(TTM)4.93
OCFY13.18%
SpS3.19
BVpS18.52
TBVpS18.51
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 3.15% | ||
| ROCE | 2.15% | ||
| ROIC | 1.7% | ||
| ROICexc | 2% | ||
| ROICexgc | 2% | ||
| OM | 26.12% | ||
| PM (TTM) | 18.31% | ||
| GM | 58.32% | ||
| FCFM | N/A |
ROA(3y)6.14%
ROA(5y)4.09%
ROE(3y)10.59%
ROE(5y)6.9%
ROIC(3y)1.67%
ROIC(5y)1.97%
ROICexc(3y)2.08%
ROICexc(5y)2.34%
ROICexgc(3y)2.08%
ROICexgc(5y)2.34%
ROCE(3y)2.11%
ROCE(5y)2.49%
ROICexgc growth 3Y-23.68%
ROICexgc growth 5Y-18.6%
ROICexc growth 3Y-23.7%
ROICexc growth 5Y-18.62%
OM growth 3Y-23.38%
OM growth 5Y-9.29%
PM growth 3Y-50.3%
PM growth 5YN/A
GM growth 3Y-10.75%
GM growth 5Y-3.68%
F-Score7
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.43 | ||
| Cap/Depr | 1886.07% | ||
| Cap/Sales | 292.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 370.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 0.98 |
F-Score7
WACC8.14%
ROIC/WACC0.21
Cap/Depr(3y)654.85%
Cap/Depr(5y)578.43%
Cap/Sales(3y)124.87%
Cap/Sales(5y)114.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-41.49%
EPS 3Y-2.16%
EPS 5YN/A
EPS Q2Q%1.74%
EPS Next Y-13.08%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
EPS Next 5YN/A
Revenue 1Y (TTM)19.15%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%89.08%
Revenue Next Year46.94%
Revenue Next 2Y20.03%
Revenue Next 3Y16.49%
Revenue Next 5YN/A
EBIT growth 1Y4.32%
EBIT growth 3Y-23.38%
EBIT growth 5Y-18.65%
EBIT Next Year38.62%
EBIT Next 3Y20.59%
EBIT Next 5YN/A
FCF growth 1Y-3160.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y108.05%
OCF growth 3Y10.12%
OCF growth 5Y24.47%
GOLAR LNG LTD / GLNG FAQ
What is the ChartMill fundamental rating of GOLAR LNG LTD (GLNG) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GLNG.
Can you provide the valuation status for GOLAR LNG LTD?
ChartMill assigns a valuation rating of 0 / 10 to GOLAR LNG LTD (GLNG). This can be considered as Overvalued.
How profitable is GOLAR LNG LTD (GLNG) stock?
GOLAR LNG LTD (GLNG) has a profitability rating of 4 / 10.
What is the valuation of GOLAR LNG LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GOLAR LNG LTD (GLNG) is 28.09 and the Price/Book (PB) ratio is 2.02.
How sustainable is the dividend of GOLAR LNG LTD (GLNG) stock?
The dividend rating of GOLAR LNG LTD (GLNG) is 3 / 10 and the dividend payout ratio is 173.93%.