GOLAR LNG LTD (GLNG) Stock Fundamental Analysis
USA - NASDAQ:GLNG - BMG9456A1009 - Common Stock
39.84 USD
-0.23 (-0.57%)
39.84 USD
0 (0%)
GLNG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of GLNG have multiple concerns. GLNG does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
GLNG had positive earnings in the past year.
GLNG had a positive operating cash flow in the past year.
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
GLNG has a Return On Assets of -0.14%. This is in the lower half of the industry: GLNG underperforms 68.10% of its industry peers.
With a Return On Equity value of -0.34%, GLNG is not doing good in the industry: 66.19% of the companies in the same industry are doing better.
GLNG has a worse Return On Invested Capital (0.92%) than 72.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GLNG is significantly below the industry average of 21.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.14% | ||
| ROE | -0.34% | ||
| ROIC | 0.92% |
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's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 17.18%, GLNG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of GLNG has declined.
With a decent Gross Margin value of 54.74%, GLNG is doing good in the industry, outperforming 63.81% of the companies in the same industry.
In the last couple of years the Gross Margin of GLNG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.18% | ||
| PM (TTM) | N/A | ||
| GM | 54.74% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GLNG is destroying value.
Compared to 1 year ago, GLNG has about the same amount of shares outstanding.
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 a Debt/Equity ratio of 0.76. This is a neutral value indicating GLNG is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.76, GLNG is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.11
WACC8.16%
2.3 Liquidity
GLNG has a Current Ratio of 1.47. 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 Current ratio of 1.47. This is in the better half of the industry: GLNG outperforms 67.14% of its industry peers.
GLNG has a Quick Ratio of 1.47. This is a normal value and indicates that GLNG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.47, GLNG is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The earnings per share for GLNG have decreased strongly by -41.22% 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 a decrease in Revenue. In the last year, the revenue decreased by -2.78%.
The Revenue for GLNG have been decreasing by -10.32% on average. This is quite bad
EPS 1Y (TTM)-41.22%
EPS 3Y-2.16%
EPS 5YN/A
EPS Q2Q%3.2%
Revenue 1Y (TTM)-2.78%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%16.98%
3.2 Future
The Earnings Per Share is expected to decrease by -30.23% on average over the next years. This is quite bad
GLNG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.24% yearly.
EPS Next Y-1.01%
EPS Next 2Y-22.29%
EPS Next 3Y-30.23%
EPS Next 5YN/A
Revenue Next Year44.82%
Revenue Next 2Y21.18%
Revenue Next 3Y17.24%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 29.95, the valuation of GLNG can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of GLNG indicates a slightly more expensive valuation: GLNG is more expensive than 60.48% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, GLNG is valued at the same level.
A Price/Forward Earnings ratio of 41.44 indicates a quite expensive valuation of GLNG.
Based on the Price/Forward Earnings ratio, GLNG is valued a bit more expensive than 65.24% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GLNG to the average of the S&P500 Index (22.71), we can say GLNG is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.95 | ||
| Fwd PE | 41.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLNG indicates a slightly more expensive valuation: GLNG is more expensive than 72.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 54.25 |
4.3 Compensation for Growth
A cheap valuation may be justified as GLNG's earnings are expected to decrease with -30.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-22.29%
EPS Next 3Y-30.23%
5. Dividend
5.1 Amount
GLNG has a Yearly Dividend Yield of 2.46%. Purely for dividend investing, there may be better candidates out there.
GLNG's Dividend Yield is comparable with the industry average which is at 6.18.
Compared to an average S&P500 Dividend Yield of 2.38, GLNG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
5.2 History
The dividend of GLNG is nicely growing with an annual growth rate of 12.28%!
GLNG has been paying a dividend for at least 10 years, so it has a reliable track record.
GLNG has decreased its dividend recently.
Dividend Growth(5Y)12.28%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
GLNG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-1619.13%
EPS Next 2Y-22.29%
EPS Next 3Y-30.23%
39.84
-0.23 (-0.57%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners88.1%
Inst Owner Change0.17%
Ins Owners2.62%
Ins Owner ChangeN/A
Market Cap4.17B
Analysts84.62
Price Target50.47 (26.68%)
Short Float %7.56%
Short Ratio6.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
Yearly Dividend1
Dividend Growth(5Y)12.28%
DP-1619.13%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.65%
Min EPS beat(2)-9.66%
Max EPS beat(2)-7.64%
EPS beat(4)1
Avg EPS beat(4)2.55%
Min EPS beat(4)-9.66%
Max EPS beat(4)28.62%
EPS beat(8)4
Avg EPS beat(8)14.74%
EPS beat(12)7
Avg EPS beat(12)9.74%
EPS beat(16)9
Avg EPS beat(16)-180.24%
Revenue beat(2)0
Avg Revenue beat(2)-5.64%
Min Revenue beat(2)-8.19%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-10.26%
Min Revenue beat(4)-18.14%
Max Revenue beat(4)-3.08%
Revenue beat(8)0
Avg Revenue beat(8)-10.3%
Revenue beat(12)0
Avg Revenue beat(12)-12.1%
Revenue beat(16)0
Avg Revenue beat(16)-18.17%
PT rev (1m)0.51%
PT rev (3m)4.49%
EPS NQ rev (1m)-18.33%
EPS NQ rev (3m)-20%
EPS NY rev (1m)4.11%
EPS NY rev (3m)4.08%
Revenue NQ rev (1m)-1.14%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)-2.45%
Revenue NY rev (3m)-3.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.95 | ||
| Fwd PE | 41.44 | ||
| P/S | 15.5 | ||
| P/FCF | N/A | ||
| P/OCF | 9.97 | ||
| P/B | 2.21 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 54.25 |
EPS(TTM)1.33
EY3.34%
EPS(NY)0.96
Fwd EY2.41%
FCF(TTM)-2.86
FCFYN/A
OCF(TTM)3.99
OCFY10.03%
SpS2.57
BVpS18.03
TBVpS18.01
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.14% | ||
| ROE | -0.34% | ||
| ROCE | 1.16% | ||
| ROIC | 0.92% | ||
| ROICexc | 1.14% | ||
| ROICexgc | 1.14% | ||
| OM | 17.18% | ||
| PM (TTM) | N/A | ||
| GM | 54.74% | ||
| 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%
ROICexcg growth 3Y-23.68%
ROICexcg 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-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 14.61 | ||
| Cap/Depr | 1376.89% | ||
| Cap/Sales | 266.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 425.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | N/A |
F-Score4
WACC8.16%
ROIC/WACC0.11
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)-41.22%
EPS 3Y-2.16%
EPS 5YN/A
EPS Q2Q%3.2%
EPS Next Y-1.01%
EPS Next 2Y-22.29%
EPS Next 3Y-30.23%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.78%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%16.98%
Revenue Next Year44.82%
Revenue Next 2Y21.18%
Revenue Next 3Y17.24%
Revenue Next 5YN/A
EBIT growth 1Y-50.35%
EBIT growth 3Y-23.38%
EBIT growth 5Y-18.65%
EBIT Next Year45.64%
EBIT Next 3Y19.19%
EBIT Next 5YN/A
FCF growth 1Y-468.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y33.87%
OCF growth 3Y10.12%
OCF growth 5Y24.47%