Flex Lng Stock Piotroski F Score
| FLNG Stock | USD 26.15 0.19 0.72% |
FLEX | Piotroski F Score |
At this time, it appears that FLEX LNG's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
| Current Return On Assets | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | Lower Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
FLEX LNG Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to FLEX LNG is to make sure FLEX is not a subject of accounting manipulations and runs a healthy internal audit department. So, if FLEX LNG's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if FLEX LNG's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 0.0736 | 0.1369 |
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| Total Current Liabilities | 160.9 M | 153.3 M |
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| Non Current Liabilities Total | 1.8 B | 1.7 B |
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| Total Assets | 2.8 B | 2.7 B |
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| Total Current Assets | 465.2 M | 443.1 M |
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FLEX LNG F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between FLEX LNG's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards FLEX LNG in a much-optimized way.
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About FLEX LNG Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Book Value Per Share |
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FLEX LNG Current Valuation Drivers
We derive many important indicators used in calculating different scores of FLEX LNG from analyzing FLEX LNG's financial statements. These drivers represent accounts that assess FLEX LNG's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of FLEX LNG's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 598.7M | 589.8M | 1.3B | 1.7B | 1.6B | 1.6B | |
| Enterprise Value | 998.7M | 1.2B | 2.7B | 3.1B | 3.0B | 3.1B |
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 |
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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When determining whether FLEX LNG is a strong investment it is important to analyze FLEX LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FLEX LNG's future performance. For an informed investment choice regarding FLEX Stock, refer to the following important reports:Check out FLEX LNG Altman Z Score, FLEX LNG Correlation, FLEX LNG Valuation, as well as analyze FLEX LNG Alpha and Beta and FLEX LNG Hype 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 6.741 | 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.