GOLAR LNG LTD (GLNG)

BMG9456A1009 - Common Stock

21.19  -0.06 (-0.28%)

After market: 21.19 0 (0%)

Fundamental Rating

4

Taking everything into account, GLNG scores 4 out of 10 in our fundamental rating. GLNG was compared to 216 industry peers in the Oil, Gas & Consumable Fuels industry. GLNG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. GLNG is valied quite expensively at the moment, while it does show a decent growth rate.



3

1. Profitability

1.1 Basic Checks

In the past year GLNG was profitable.
GLNG had a positive operating cash flow in the past year.
In multiple years GLNG reported negative net income over the last 5 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 (1.42%) than 76.74% of its industry peers.
The Return On Equity of GLNG (2.67%) is worse than 77.67% of its industry peers.
GLNG has a Return On Invested Capital of 1.22%. This is amonst the worse of the industry: GLNG underperforms 80.47% 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 55.54%.
Industry RankSector Rank
ROA 1.42%
ROE 2.67%
ROIC 1.22%
ROA(3y)6.81%
ROA(5y)2.21%
ROE(3y)11.42%
ROE(5y)1.37%
ROIC(3y)2.15%
ROIC(5y)2.33%

1.3 Margins

Looking at the Profit Margin, with a value of 20.70%, GLNG is in line with its industry, outperforming 56.74% of the companies in the same industry.
GLNG has a Operating Margin (19.85%) which is comparable to the rest of the industry.
GLNG's Operating Margin has been stable in the last couple of years.
GLNG has a Gross Margin of 68.28%. This is in the better half of the industry: GLNG outperforms 69.77% of its industry peers.
In the last couple of years the Gross Margin of GLNG has grown nicely.
Industry RankSector Rank
OM 19.85%
PM (TTM) 20.7%
GM 68.28%
OM growth 3Y1.06%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.8%
GM growth 5Y31.44%

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GLNG is destroying value.
The number of shares outstanding for GLNG has been reduced compared to 1 year ago.
Compared to 5 years ago, GLNG has more shares outstanding
The debt/assets ratio for GLNG has been reduced compared to a year ago.

2.2 Solvency

GLNG has an Altman-Z score of 1.01. This is a bad value and indicates that GLNG is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.01, GLNG perfoms like the industry average, outperforming 44.65% of the companies in the same industry.
GLNG has a debt to FCF ratio of 79.78. This is a negative value and a sign of low solvency as GLNG would need 79.78 years to pay back of all of its debts.
GLNG has a worse Debt to FCF ratio (79.78) than 68.84% of its industry peers.
A Debt/Equity ratio of 0.39 indicates that GLNG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.39, GLNG is in line with its industry, outperforming 55.81% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.39
Debt/FCF 79.78
Altman-Z 1.01
ROIC/WACC0.18
WACC6.72%

2.3 Liquidity

A Current Ratio of 1.95 indicates that GLNG should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.95, GLNG is doing good in the industry, outperforming 74.42% of the companies in the same industry.
A Quick Ratio of 1.95 indicates that GLNG should not have too much problems paying its short term obligations.
GLNG has a Quick ratio of 1.95. This is in the better half of the industry: GLNG outperforms 76.28% of its industry peers.
Industry RankSector Rank
Current Ratio 1.95
Quick Ratio 1.95

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 58.94% over the past year.
Looking at the last year, GLNG shows a small growth in Revenue. The Revenue has grown by 3.80% in the last year.
Measured over the past years, GLNG shows a quite strong growth in Revenue. The Revenue has been growing by 13.28% on average per year.
EPS 1Y (TTM)58.94%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q2.08%
Revenue 1Y (TTM)3.8%
Revenue growth 3Y-15.82%
Revenue growth 5Y13.28%
Revenue growth Q2Q-1.97%

3.2 Future

GLNG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.45% yearly.
The Revenue is expected to grow by 24.15% on average over the next years. This is a very strong growth
EPS Next Y5.89%
EPS Next 2Y-8.29%
EPS Next 3Y-4.45%
EPS Next 5YN/A
Revenue Next Year11.54%
Revenue Next 2Y25.6%
Revenue Next 3Y24.15%
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.

3

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 10.81, which indicates a very decent valuation of GLNG.
The rest of the industry has a similar Price/Earnings ratio as GLNG.
GLNG is valuated cheaply when we compare the Price/Earnings ratio to 26.18, which is the current average of the S&P500 Index.
GLNG is valuated reasonably with a Price/Forward Earnings ratio of 10.91.
GLNG's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.51, GLNG is valued a bit cheaper.
Industry RankSector Rank
PE 10.81
Fwd PE 10.91

4.2 Price Multiples

77.21% of the companies in the same industry are cheaper than GLNG, based on the Enterprise Value to EBITDA ratio.
67.44% of the companies in the same industry are cheaper than GLNG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 150.44
EV/EBITDA 25.5

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLNG does not grow enough to justify the current Price/Earnings ratio.
GLNG's earnings are expected to decrease with -4.45% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.84
PEG (5Y)N/A
EPS Next 2Y-8.29%
EPS Next 3Y-4.45%

5

5. Dividend

5.1 Amount

GLNG has a Yearly Dividend Yield of 4.67%, which is a nice return.
GLNG's Dividend Yield is a higher than the industry average which is at 8.11.
Compared to an average S&P500 Dividend Yield of 2.48, GLNG pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.67%

5.2 History

The dividend of GLNG decreases each year by -18.58%.
GLNG has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-18.58%
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-8.29%
EPS Next 3Y-4.45%

GOLAR LNG LTD

NASDAQ:GLNG (2/20/2024, 3:30:00 PM)

After market: 21.19 0 (0%)

21.19

-0.06 (-0.28%)

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 Cap2.22B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 4.67%
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 RankSector Rank
PE 10.81
Fwd PE 10.91
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)1.84
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.42%
ROE 2.67%
ROCE
ROIC
ROICexc
ROICexgc
OM 19.85%
PM (TTM) 20.7%
GM 68.28%
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 RankSector Rank
Debt/Equity 0.39
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.95
Quick Ratio 1.95
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)58.94%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y5.89%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.8%
Revenue growth 3Y-15.82%
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