Golar LNG Limited

OTCNO:GOL Stock Report

Market Cap: NOK 51.6b

Golar LNG Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: GOL (NOK361) is trading above our estimate of fair value (NOK90.24)

Significantly Below Fair Value: GOL is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As GOL is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for GOL. This is calculated by dividing GOL's market cap by their current revenue.
What is GOL's PS Ratio?
PS Ratio16.6x
SalesUS$274.13m
Market CapUS$4.54b

Price to Sales Ratio vs Peers

How does GOL's PS Ratio compare to its peers?

The above table shows the PS ratio for GOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
HAFNI Hafnia
0.9x-35.2%NOK 32.1b
BWLPG BWG
0.5x-56.6%NOK 20.4b
AGAS Avance Gas Holding
1.7x-106.3%NOK 6.8b
OET Okeanis Eco Tankers
1.7x-5.5%NOK 7.7b
GOL Golar LNG
16.6x26.4%NOK 4.5b

Price-To-Sales vs Peers: GOL is expensive based on its Price-To-Sales Ratio (16.6x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does GOL's PS Ratio compare vs other companies in the NO Oil and Gas Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
SEAPT Seacrest Petroleo Bermuda
0.04x35.3%US$7.04m
No more companies available in this PS range
GOL 16.6xIndustry Avg. 1.0xNo. of Companies3PS00.61.21.82.43+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: GOL is expensive based on its Price-To-Sales Ratio (16.6x) compared to the Norwegian Oil and Gas industry average (1x).

Price to Sales Ratio vs Fair Ratio

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

GOL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio16.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate GOL's Price-To-Sales Fair Ratio for valuation analysis.

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 GOL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
NOK 529.98
0%
11.8%NOK 635.69NOK 465.42n/a8
Dec ’25NOK 300.00
NOK 512.86
+71.0%
11.8%NOK 621.45NOK 454.99n/a7
Nov ’25NOK 311.00
NOK 490.65
+57.8%
13.6%NOK 603.87NOK 409.77n/a7
Oct ’25NOK 350.00
NOK 482.54
+37.9%
13.6%NOK 593.90NOK 403.00n/a7
Sep ’25n/a
NOK 482.54
0%
13.6%NOK 593.90NOK 403.00n/a7
Aug ’25n/a
NOK 456.45
0%
16.9%NOK 600.79NOK 349.55n/a7
Jul ’25n/a
NOK 417.46
0%
20.7%NOK 583.38NOK 318.21n/a7
Jun ’25n/a
NOK 363.56
0%
8.5%NOK 419.78NOK 314.84n/a7
May ’25n/a
NOK 320.29
0%
9.2%NOK 369.33NOK 280.90n/a7
Apr ’25n/a
NOK 320.29
0%
9.2%NOK 369.33NOK 280.90n/a7
Mar ’25n/a
NOK 315.37
0%
10.9%NOK 372.41NOK 262.26n/a8
Feb ’25n/a
NOK 327.99
0%
11.0%NOK 385.71NOK 271.62n/a8
Jan ’25n/a
NOK 327.99
0%
11.0%NOK 385.71NOK 271.62n/a8
Dec ’24n/a
NOK 321.80
0%
11.0%NOK 378.43NOK 266.50NOK 300.008
Nov ’24n/a
NOK 351.05
0%
10.1%NOK 384.19NOK 292.20NOK 311.008
Oct ’24n/a
NOK 351.05
0%
10.1%NOK 384.19NOK 292.20NOK 350.008
Sep ’24NOK 181.00
NOK 352.81
+94.9%
8.3%NOK 377.09NOK 297.42n/a7
Aug ’24NOK 200.00
NOK 371.38
+85.7%
13.0%NOK 485.98NOK 302.38n/a9
Jul ’24n/a
NOK 371.38
0%
13.0%NOK 485.98NOK 302.38n/a9
Jun ’24NOK 200.00
NOK 374.75
+87.4%
14.1%NOK 499.67NOK 288.70n/a10
May ’24n/a
NOK 360.71
0%
14.1%NOK 479.52NOK 277.06n/a10
Apr ’24n/a
NOK 360.73
0%
12.7%NOK 475.34NOK 306.33n/a10
Mar ’24n/a
NOK 357.71
0%
12.0%NOK 467.26NOK 301.12n/a10
Feb ’24n/a
NOK 335.54
0%
7.9%NOK 376.68NOK 287.47n/a10
Jan ’24NOK 176.50
NOK 344.38
+95.1%
6.9%NOK 384.33NOK 303.42n/a10

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 14:14
End of Day Share Price 2024/12/20 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

Golar LNG Limited is covered by 36 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Glenn LoddenABN AMRO Bank N.V.
Erik StavsethArctic Securities ASA