Flex Lng Stock Beta
| FLNG Stock | USD 25.09 0.68 2.64% |
FLEX LNG fundamentals help investors to digest information that contributes to FLEX LNG's financial success or failures. It also enables traders to predict the movement of FLEX Stock. The fundamental analysis module provides a way to measure FLEX LNG's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to FLEX LNG stock.
FLEX | Beta |
FLEX LNG Company Beta Analysis
FLEX LNG's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current FLEX LNG Beta | 0.73 |
Most of FLEX LNG's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FLEX LNG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
FLEX Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for FLEX LNG is extremely important. It helps to project a fair market value of FLEX Stock properly, considering its historical fundamentals such as Beta. Since FLEX LNG's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of FLEX LNG's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of FLEX LNG's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, FLEX LNG has a Beta of 0.73. This is 57.06% lower than that of the Marine Transportation sector and 43.85% lower than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
FLEX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FLEX LNG's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FLEX LNG could also be used in its relative valuation, which is a method of valuing FLEX LNG by comparing valuation metrics of similar companies.FLEX LNG is currently under evaluation in beta category among its peers.
FLEX LNG ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, FLEX LNG's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FLEX LNG's managers, analysts, and investors.Environmental | Governance | Social |
As returns on the market increase, FLEX LNG's returns are expected to increase less than the market. However, during the bear market, the loss of holding FLEX LNG is expected to be smaller as well.
FLEX Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0485 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.57 % | ||||
| Current Valuation | 2.76 B | ||||
| Shares Outstanding | 53.94 M | ||||
| Shares Owned By Insiders | 43.00 % | ||||
| Shares Owned By Institutions | 23.10 % | ||||
| Number Of Shares Shorted | 1.86 M | ||||
| Price To Earning | 9.16 X | ||||
| Price To Book | 1.69 X | ||||
| Price To Sales | 3.81 X | ||||
| Revenue | 371.02 M | ||||
| Gross Profit | 290.11 M | ||||
| EBITDA | 302.2 M | ||||
| Net Income | 120.04 M | ||||
| Cash And Equivalents | 271.12 M | ||||
| Cash Per Share | 5.09 X | ||||
| Total Debt | 1.81 B | ||||
| Debt To Equity | 1.90 % | ||||
| Current Ratio | 1.89 X | ||||
| Book Value Per Share | 14.83 X | ||||
| Cash Flow From Operations | 175.03 M | ||||
| Short Ratio | 4.03 X | ||||
| Earnings Per Share | 1.69 X | ||||
| Target Price | 26.0 | ||||
| Number Of Employees | 10 | ||||
| Beta | 0.73 | ||||
| Market Capitalization | 1.38 B | ||||
| Total Asset | 2.71 B | ||||
| Retained Earnings | (354.87 M) | ||||
| Working Capital | 289.79 M | ||||
| Current Asset | 31.82 M | ||||
| Current Liabilities | 13.86 M | ||||
| Annual Yield | 0.12 % | ||||
| Net Asset | 2.71 B | ||||
| Last Dividend Paid | 3.0 |
About FLEX LNG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FLEX LNG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FLEX LNG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FLEX LNG based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out FLEX LNG Piotroski F Score and FLEX LNG Altman Z Score analysis. For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 3 | Earnings Share 1.69 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.