Flex Financial Statements From 2010 to 2024
| FLNGO Stock | NOK 265.00 7.20 2.65% |
Check Flex LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flex LNG's main balance sheet or income statement drivers, such as , as well as many indicators such as . Flex financial statements analysis is a perfect complement when working with Flex LNG Valuation or Volatility modules.
Flex |
Flex LNG Company Price To Book Analysis
Flex LNG's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Flex LNG Price To Book | 2.15 X |
Most of Flex LNG's fundamental indicators, such as Price To Book, 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.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Flex LNG has a Price To Book of 2.1492 times. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The price to book for all Sweden stocks is notably lower than that of the firm.
Flex LNG Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Flex LNG's current stock value. Our valuation model uses many indicators to compare Flex LNG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Flex LNG competition to find correlations between indicators driving Flex LNG's intrinsic value. More Info.Flex LNG is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 1,740,798,019 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Flex LNG's earnings, one of the primary drivers of an investment's value.About Flex LNG Financial Statements
Flex LNG shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Flex LNG investors may analyze each financial statement separately, they are all interrelated. The changes in Flex LNG's assets and liabilities, for example, are also reflected in the revenues and expenses on on Flex LNG's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
FLEX LNG Ltd., through its subsidiaries, engages in the transportation of liquefied natural gas and related activities in the British Virgin Islands. The company was founded in 2006 and is based in Road Town, the British Virgin Islands. Flex LNG is traded on Stockholm Stock Exchange in Sweden.
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Additional Tools for Flex Stock Analysis
When running Flex LNG's price analysis, check to measure Flex LNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flex LNG is operating at the current time. Most of Flex LNG's value examination focuses on studying past and present price action to predict the probability of Flex LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex LNG's price. Additionally, you may evaluate how the addition of Flex LNG to your portfolios can decrease your overall portfolio volatility.