GOLAR LNG LTD (GLNG) Stock Fundamental Analysis
USA - NASDAQ:GLNG - BMG9456A1009 - Common Stock
41.05 USD
+0.56 (+1.38%)
41.05 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to GLNG. GLNG was compared to 209 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
In the past year GLNG was profitable.
GLNG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GLNG reported negative net income in multiple years.
GLNG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GLNG has a worse Return On Assets (-0.14%) than 69.38% of its industry peers.
GLNG's Return On Equity of -0.34% is on the low side compared to the rest of the industry. GLNG is outperformed by 67.46% of its industry peers.
GLNG has a Return On Invested Capital of 0.92%. This is in the lower half of the industry: GLNG underperforms 72.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GLNG is significantly below the industry average of 21.72%.
| 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.
GLNG has a Operating Margin of 17.18%. This is comparable to the rest of the industry: GLNG outperforms 50.24% of its industry peers.
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 63.16% of the companies in the same industry.
GLNG's Gross Margin has declined in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLNG is destroying value.
Compared to 1 year ago, GLNG has about the same amount of shares outstanding.
GLNG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GLNG is higher compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 0.76 indicates that GLNG is somewhat dependend on debt financing.
The Debt to Equity ratio of GLNG (0.76) is worse than 64.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.11
WACC8.07%
2.3 Liquidity
A Current Ratio of 1.47 indicates that GLNG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.47, GLNG is in the better half of the industry, outperforming 66.03% of the companies in the same industry.
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.
GLNG's Quick ratio of 1.47 is fine compared to the rest of the industry. GLNG outperforms 69.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
GLNG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -41.22%.
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%.
Measured over the past years, GLNG shows a very negative growth in Revenue. The Revenue has been decreasing by -10.32% on average per year.
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 -81.53% 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 16.49% yearly.
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 30.86.
61.24% of the companies in the same industry are cheaper than GLNG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.10. GLNG is around the same levels.
The Price/Forward Earnings ratio is 52.72, which means the current valuation is very expensive for GLNG.
GLNG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. GLNG is more expensive than 63.64% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.52. GLNG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.86 | ||
| Fwd PE | 52.72 |
4.2 Price Multiples
71.77% of the companies in the same industry are cheaper than GLNG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 53.98 |
4.3 Compensation for Growth
GLNG's earnings are expected to decrease with -81.53% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.60%, GLNG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.13, GLNG has a dividend in line with its industry peers.
GLNG's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
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.
The dividend of GLNG decreased recently.
Dividend Growth(5Y)12.28%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of GLNG are negative and hence is the payout ratio. GLNG will probably not be able to sustain this dividend level.
DP-1619.13%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
41.05
+0.56 (+1.38%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners89.28%
Inst Owner Change0.01%
Ins Owners2.62%
Ins Owner ChangeN/A
Market Cap4.20B
Revenue(TTM)268.90M
Net Income(TTM)-6452000
Analysts84.29
Price Target50.51 (23.05%)
Short Float %7.14%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
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)0.08%
PT rev (3m)0.59%
EPS NQ rev (1m)1.31%
EPS NQ rev (3m)-17.26%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.58%
Revenue NQ rev (1m)-0.64%
Revenue NQ rev (3m)-1.78%
Revenue NY rev (1m)1.46%
Revenue NY rev (3m)-1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.86 | ||
| Fwd PE | 52.72 | ||
| P/S | 15.61 | ||
| P/FCF | N/A | ||
| P/OCF | 10.05 | ||
| P/B | 2.23 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 53.98 |
EPS(TTM)1.33
EY3.24%
EPS(NY)0.78
Fwd EY1.9%
FCF(TTM)-2.93
FCFYN/A
OCF(TTM)4.09
OCFY9.95%
SpS2.63
BVpS18.44
TBVpS18.42
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.49
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%
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-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
WACC8.07%
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-13.08%
EPS Next 2Y-30.06%
EPS Next 3Y-81.53%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.78%
Revenue growth 3Y0.01%
Revenue growth 5Y-10.32%
Sales Q2Q%16.98%
Revenue Next Year46.94%
Revenue Next 2Y20.03%
Revenue Next 3Y16.49%
Revenue Next 5YN/A
EBIT growth 1Y-50.35%
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-468.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y33.87%
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 2 / 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 2 / 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 30.86 and the Price/Book (PB) ratio is 2.23.
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 -1619.13%.