Golar LNG Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 GLNG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$16.72
Fair Value
102.5% overvalued intrinsic discount
7
Number of Analysts

Below Fair Value: GLNG ($33.86) is trading above our estimate of fair value ($16.72)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GLNG. This is calculated by dividing GLNG's market cap by their current earnings.
What is GLNG's PE Ratio?
PE Ratio71.2x
EarningsUS$49.69m
Market CapUS$3.42b

Price to Earnings Ratio vs Peers

How does GLNG's PE Ratio compare to its peers?

The above table shows the PE ratio for GLNG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.8x
PAGP Plains GP Holdings
40.5x23.5%US$4.8b
DKL Delek Logistics Partners
15.8x20.4%US$2.2b
EE Excelerate Energy
20.6x14.3%US$3.0b
GLP Global Partners
22.3x6.7%US$1.9b
GLNG Golar LNG
71.2x19.4%US$3.4b

Price-To-Earnings vs Peers: GLNG is expensive based on its Price-To-Earnings Ratio (71.2x) compared to the peer average (24.8x).


Price to Earnings Ratio vs Industry

How does GLNG's PE Ratio compare vs other companies in the US Oil and Gas Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IMPP Imperial Petroleum
1.6x26.8%US$72.80m
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USDP USD Partners
0.5xn/aUS$202.65k
GLNG 71.2xIndustry Avg. 12.7xNo. of Companies19PE0816243240+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GLNG is expensive based on its Price-To-Earnings Ratio (71.2x) compared to the US Oil and Gas industry average (12.4x).


Price to Earnings Ratio vs Fair Ratio

What is GLNG'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.

GLNG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio71.2x
Fair PE Ratio14.4x

Price-To-Earnings vs Fair Ratio: GLNG is expensive based on its Price-To-Earnings Ratio (71.2x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).


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 GLNG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$33.86
US$46.50
+37.3%
12.6%US$56.00US$41.00n/a7
Mar ’26US$38.34
US$46.50
+21.3%
12.6%US$56.00US$41.00n/a7
Feb ’26US$40.75
US$46.50
+14.1%
12.6%US$56.00US$41.00n/a7
Jan ’26US$42.32
US$46.50
+9.9%
12.6%US$56.00US$41.00n/a7
Dec ’25US$39.37
US$46.21
+17.4%
11.8%US$56.00US$41.00n/a7
Nov ’25US$35.93
US$45.50
+26.6%
13.6%US$56.00US$38.00n/a7
Oct ’25US$38.26
US$45.50
+18.9%
13.6%US$56.00US$38.00n/a7
Sep ’25US$33.29
US$45.50
+36.7%
13.6%US$56.00US$38.00n/a7
Aug ’25US$34.29
US$41.79
+21.9%
16.9%US$55.00US$32.00n/a7
Jul ’25US$31.65
US$39.36
+24.4%
20.7%US$55.00US$30.00n/a7
Jun ’25US$26.29
US$34.64
+31.8%
8.5%US$40.00US$30.00n/a7
May ’25US$24.57
US$30.79
+25.3%
9.2%US$35.50US$27.00n/a7
Apr ’25US$24.13
US$30.79
+27.6%
9.2%US$35.50US$27.00n/a7
Mar ’25US$20.78
US$30.06
+44.7%
10.9%US$35.50US$25.00US$38.348
Feb ’25US$22.01
US$30.19
+37.2%
11.0%US$35.50US$25.00US$40.758
Jan ’25US$22.99
US$30.19
+31.3%
11.0%US$35.50US$25.00US$42.328
Dec ’24US$21.59
US$30.19
+39.8%
11.0%US$35.50US$25.00US$39.378
Nov ’24US$22.46
US$32.44
+44.4%
10.1%US$35.50US$27.00US$35.938
Oct ’24US$24.26
US$32.44
+33.7%
10.1%US$35.50US$27.00US$38.268
Sep ’24US$22.88
US$33.21
+45.2%
8.3%US$35.50US$28.00US$33.297
Aug ’24US$23.99
US$34.39
+43.3%
13.0%US$45.00US$28.00US$34.299
Jul ’24US$20.17
US$34.39
+70.5%
13.0%US$45.00US$28.00US$31.659
Jun ’24US$21.14
US$33.75
+59.6%
14.1%US$45.00US$26.00US$26.2910
May ’24US$22.11
US$33.85
+53.1%
14.1%US$45.00US$26.00US$24.5710
Apr ’24US$21.60
US$34.15
+58.1%
12.7%US$45.00US$29.00US$24.1310
Mar ’24US$22.73
US$34.45
+51.6%
12.0%US$45.00US$29.00US$20.7810
Analyst Price Target
Consensus Narrative from 7 Analysts
US$46.50
Fair Value
27.2% undervalued intrinsic discount
7
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 10:18
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Golar LNG Limited is covered by 34 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