FLEX LNG Ltd.

LSE:0RQ8 Stock Report

Market Cap: NOK 14.1b

FLEX LNG Valuation

Is 0RQ8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0RQ8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0RQ8 (NOK272) is trading below our estimate of fair value (NOK678.49)

Significantly Below Fair Value: 0RQ8 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0RQ8?

Key metric: As 0RQ8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0RQ8. This is calculated by dividing 0RQ8's market cap by their current earnings.
What is 0RQ8's PE Ratio?
PE Ratio13.5x
EarningsUS$91.86m
Market CapUS$1.24b

Price to Earnings Ratio vs Peers

How does 0RQ8's PE Ratio compare to its peers?

The above table shows the PE ratio for 0RQ8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.5x
NWF NWF Group
8.4x4.4%UK£76.4m
SEPL Seplat Energy
17.9x13.4%UK£1.2b
DEC Diversified Energy
6.2x4.9%UK£711.5m
ITH Ithaca Energy
21.5x1.5%UK£1.9b
0RQ8 FLEX LNG
13.5x17.1%NOK 1.2b

Price-To-Earnings vs Peers: 0RQ8 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (13.5x).

Price to Earnings Ratio vs Industry

How does 0RQ8's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
No more companies available in this PE range
0RQ8 13.5xIndustry Avg. 8.7xNo. of Companies5PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0RQ8 is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the UK Oil and Gas industry average (8.8x).

Price to Earnings Ratio vs Fair Ratio

What is 0RQ8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0RQ8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio14.6x

Price-To-Earnings vs Fair Ratio: 0RQ8 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0RQ8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 272.00
NOK 299.05
+9.9%
10.0%NOK 340.69NOK 272.55n/a3
Dec ’25NOK 265.40
NOK 299.01
+12.7%
11.1%NOK 332.23NOK 265.79n/a2
Nov ’25NOK 269.40
NOK 296.59
+10.1%
11.1%NOK 329.54NOK 263.63n/a2
Oct ’25NOK 270.90
NOK 289.41
+6.8%
11.1%NOK 321.57NOK 257.26n/a2
Sep ’25NOK 283.30
NOK 289.41
+2.2%
11.1%NOK 321.57NOK 257.26n/a2
Aug ’25NOK 293.00
NOK 290.59
-0.8%
13.2%NOK 328.97NOK 252.21n/a2
Jul ’25NOK 287.20
NOK 288.81
+0.6%
9.1%NOK 315.07NOK 262.56n/a2
Jun ’25NOK 302.40
NOK 288.81
-4.5%
9.1%NOK 315.07NOK 262.56n/a2
Feb ’25NOK 315.75
NOK 350.53
+11.0%
3.0%NOK 361.15NOK 339.91n/a2
Jan ’25NOK 298.25
NOK 350.53
+17.5%
3.0%NOK 361.15NOK 339.91NOK 252.302
Dec ’24NOK 310.87
NOK 350.53
+12.8%
3.0%NOK 361.15NOK 339.91NOK 265.402
Nov ’24NOK 344.29
NOK 350.53
+1.8%
3.0%NOK 361.15NOK 339.91NOK 269.402
Oct ’24NOK 325.63
NOK 350.53
+7.6%
3.0%NOK 361.15NOK 339.91NOK 270.902
Sep ’24NOK 323.80
NOK 350.53
+8.3%
3.0%NOK 361.15NOK 339.91NOK 283.302
Jun ’24NOK 332.40
NOK 358.23
+7.8%
5.9%NOK 379.30NOK 337.16NOK 302.402
May ’24NOK 368.02
NOK 358.23
-2.7%
5.9%NOK 379.30NOK 337.16NOK 285.702
Apr ’24NOK 341.94
NOK 328.42
-4.0%
5.9%NOK 347.74NOK 309.10NOK 274.602
Mar ’24NOK 362.40
NOK 328.42
-9.4%
5.9%NOK 347.74NOK 309.10NOK 267.632
Feb ’24NOK 313.14
NOK 328.42
+4.9%
5.9%NOK 347.74NOK 309.10NOK 315.752
Jan ’24NOK 323.60
NOK 328.42
+1.5%
5.9%NOK 347.74NOK 309.10NOK 298.252

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 16:31
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FLEX LNG Ltd. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoffer IdenArctic Securities ASA
Gregory LewisBTIG
Marius FurulyCarnegie Investment Bank AB