Comparing Flex LNG (FLNG) and Its Competitors


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Flex LNG (NYSE: FLNG) is one of 29 public companies in the “Water transportation” industry, but how does it weigh in compared to its rivals? We will compare Flex LNG to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, analyst recommendations, dividends and earnings.

Analyst Recommendations

This is a summary of current ratings for Flex LNG and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Flex LNG 0 1 2 0 2.67
Flex LNG Competitors 390 1277 1720 31 2.41

As a group, “Water transportation” companies have a potential downside of 9.16%. Given Flex LNG’s rivals higher possible upside, analysts plainly believe Flex LNG has less favorable growth aspects than its rivals.

Risk & Volatility

Flex LNG has a beta of 1.43, indicating that its share price is 43% more volatile than the S&P 500. Comparatively, Flex LNG’s rivals have a beta of 0.14, indicating that their average share price is 86% less volatile than the S&P 500.

Insider & Institutional Ownership

15.3% of Flex LNG shares are owned by institutional investors. Comparatively, 58.2% of shares of all “Water transportation” companies are owned by institutional investors. 5.6% of shares of all “Water transportation” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Dividends

Flex LNG pays an annual dividend of $1.20 per share and has a dividend yield of 14.0%. Flex LNG pays out 74.1% of its earnings in the form of a dividend. As a group, “Water transportation” companies pay a dividend yield of 4.3% and pay out 74.9% of their earnings in the form of a dividend. Flex LNG has raised its dividend for 1 consecutive years. Flex LNG is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Profitability

This table compares Flex LNG and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Flex LNG 4.12% 4.10% 1.96%
Flex LNG Competitors -16.72% 2.33% 0.77%

Valuation and Earnings

This table compares Flex LNG and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Flex LNG $119.97 million $16.97 million 5.30
Flex LNG Competitors $2.99 billion $335.32 million 53.30

Flex LNG’s rivals have higher revenue and earnings than Flex LNG. Flex LNG is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Flex LNG beats its rivals on 9 of the 15 factors compared.

About Flex LNG

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of December 31, 2019, it owned and operated six LNG carriers. It also provides chartering and management services. Flex LNG Ltd. was founded in 2006 and is based in Hamilton, Bermuda.

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