GasLog
GasLog Ltd. operates as an owner, operator, and manager of liquefied natural gas (LNG) carriers providing support to international energy companies. The last earnings update was 50 days ago. More info.
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GLOG Share Price and Events
7 Day Returns
1 Year Returns
GLOG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| GasLog (GLOG) | 1.3% | -4.7% | -4.1% | -4.6% | 26.3% | -38.4% |
| US Oil and Gas | 2.2% | 4.8% | 10.1% | -5.3% | 5.7% | -26.1% |
| US Market | -0.1% | 3.7% | 10.2% | 7.6% | 38.1% | 46.4% |
1 Year Return vs Industry and Market
- GLOG underperformed the Market in United States of America which returned 7.6% over the past year.
Value
Is GasLog undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
GasLog
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for GasLog.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 12 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 13% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.94 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.938 (1 + (1- 33%) (182.45%)) |
1.726 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.73 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.726 * 5.96%) |
13.02% |
Discounted Cash Flow Calculation for NYSE:GLOG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for GasLog is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 13.02%) |
|
|---|---|---|---|
| 2019 | 65.12 | Analyst x2 | 57.61 |
| 2020 | -396.44 | Analyst x4 | -310.36 |
| 2021 | 233.02 | Analyst x4 | 161.42 |
| 2022 | 310.49 | Est @ 33.25% | 190.30 |
| 2023 | 385.29 | Est @ 24.09% | 208.95 |
| 2024 | 453.42 | Est @ 17.68% | 217.57 |
| 2025 | 513.26 | Est @ 13.2% | 217.91 |
| 2026 | 564.88 | Est @ 10.06% | 212.20 |
| 2027 | 609.27 | Est @ 7.86% | 202.51 |
| 2028 | 647.77 | Est @ 6.32% | 190.51 |
| Present value of next 10 years cash flows | $1,348.63 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $647.77 × (1 + 2.73%) ÷ (13.02% – 2.73%) |
$6,467.87 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $6,467.87 ÷ (1 + 13.02%)10 |
$1,902.21 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $1,348.63 + $1,902.21 |
$3,250.84 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $3,250.84 / 102.52 |
$31.71 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $31.71 |
| Current discount | Discount to share price of
$16.50
= -1 x ($16.50 - $31.71) / $31.71 |
48% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- GasLog's share price is below the future cash flow value, and at a moderate discount (> 20%).
- GasLog's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for GasLog's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
GasLog's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $0.47 |
| NYSE:GLOG Share Price ** | NYSE (2019-04-23) in USD | $16.5 |
| United States of America Oil and Gas Industry PE Ratio | Median Figure of 107 Publicly-Listed Oil and Gas Companies | 13.3x |
| United States of America Market PE Ratio | Median Figure of 3,080 Publicly-Listed Companies | 18.03x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of GasLog.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:GLOG Share Price ÷ EPS (both in USD) = 16.5 ÷ 0.47 |
35.44x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GasLog is overvalued based on earnings compared to the US Oil and Gas industry average.
- GasLog is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
GasLog's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 35.44x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts |
46.1%per year |
| United States of America Oil and Gas Industry PEG Ratio | Median Figure of 77 Publicly-Listed Oil and Gas Companies | 0.6x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.55x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 35.44x ÷ 46.1% |
0.77x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GasLog is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
GasLog's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $10.88 |
| NYSE:GLOG Share Price * | NYSE (2019-04-23) in USD | $16.5 |
| United States of America Oil and Gas Industry PB Ratio | Median Figure of 191 Publicly-Listed Oil and Gas Companies | 1.18x |
| United States of America Market PB Ratio | Median Figure of 5,185 Publicly-Listed Companies | 1.92x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:GLOG Share Price ÷ Book Value per Share (both in USD) = 16.5 ÷ 10.88 |
1.52x |
* Primary Listing of GasLog.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GasLog is overvalued based on assets compared to the US Oil and Gas industry average.
Value checks
We assess GasLog's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) GasLog has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is GasLog expected to perform in the next 1 to 3 years based on estimates from 12 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- GasLog's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- GasLog's earnings growth is expected to exceed the United States of America market average.
- GasLog's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:GLOG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts | 46.1% |
| NYSE:GLOG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts | 10% |
| United States of America Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 10.8% |
| United States of America Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 5.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.5% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 381 | |||
| 2021-12-31 | 849 | 406 | 203 | 5 |
| 2020-12-31 | 790 | 393 | 137 | 8 |
| 2019-12-31 | 686 | 290 | 84 | 8 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 636 | 284 | 38 |
| 2018-09-30 | 582 | 241 | 33 |
| 2018-06-30 | 553 | 246 | 20 |
| 2018-03-31 | 543 | 217 | 16 |
| 2017-12-31 | 532 | 224 | 5 |
| 2017-09-30 | 519 | 230 | 28 |
| 2017-06-30 | 507 | 241 | -7 |
| 2017-03-31 | 491 | 262 | -7 |
| 2016-12-31 | 461 | 257 | -32 |
| 2016-09-30 | 447 | 225 | -57 |
| 2016-06-30 | 432 | 203 | -36 |
| 2016-03-31 | 422 | 169 | -19 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
All data from GasLog Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 2.30 | 2.30 | 2.30 | 1.00 |
| 2021-12-31 | 2.11 | 2.76 | 0.96 | 5.00 |
| 2020-12-31 | 1.67 | 2.17 | 0.94 | 7.00 |
| 2019-12-31 | 0.93 | 1.11 | 0.54 | 6.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.47 |
| 2018-09-30 | 0.41 |
| 2018-06-30 | 0.25 |
| 2018-03-31 | 0.20 |
| 2017-12-31 | 0.07 |
| 2017-09-30 | 0.35 |
| 2017-06-30 | -0.08 |
| 2017-03-31 | -0.09 |
| 2016-12-31 | -0.39 |
| 2016-09-30 | -0.71 |
| 2016-06-30 | -0.44 |
| 2016-03-31 | -0.24 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess GasLog's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
GasLog has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has GasLog performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- GasLog's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- GasLog's 1-year earnings growth exceeds its 5-year average (591.3% vs -25%)
- GasLog's earnings growth has exceeded the US Oil and Gas industry average in the past year (591.3% vs 44.3%).
Earnings and Revenue History
All data from GasLog Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 636.16 | 37.62 | 41.99 | |
| 2018-09-30 | 581.60 | 32.77 | 41.92 | |
| 2018-06-30 | 552.61 | 19.89 | 41.99 | |
| 2018-03-31 | 543.25 | 15.99 | 41.72 | |
| 2017-12-31 | 532.48 | 5.44 | 39.85 | |
| 2017-09-30 | 519.30 | 27.83 | 40.49 | |
| 2017-06-30 | 506.74 | -6.55 | 39.78 | |
| 2017-03-31 | 490.80 | -6.90 | 40.05 | |
| 2016-12-31 | 461.39 | -31.55 | 38.64 | |
| 2016-09-30 | 447.10 | -57.34 | 39.25 | |
| 2016-06-30 | 432.16 | -35.58 | 40.87 | |
| 2016-03-31 | 422.13 | -19.31 | 38.86 | |
| 2015-12-31 | 415.08 | 3.45 | 41.28 | |
| 2015-09-30 | 406.52 | 9.28 | 40.01 | |
| 2015-06-30 | 400.14 | 44.57 | 39.40 | |
| 2015-03-31 | 368.93 | 40.15 | 39.05 | |
| 2014-12-31 | 328.68 | 42.16 | 34.15 | |
| 2014-09-30 | 289.06 | 54.77 | 30.21 | |
| 2014-06-30 | 232.82 | 38.43 | 24.43 | |
| 2014-03-31 | 192.53 | 57.38 | 21.25 | |
| 2013-12-31 | 157.24 | 56.93 | 21.60 | |
| 2013-09-30 | 116.20 | 38.15 | 21.88 | |
| 2013-06-30 | 89.96 | 31.88 | 20.31 | |
| 2013-03-31 | 73.72 | 8.06 | 21.81 | |
| 2012-12-31 | 68.54 | 4.21 | 20.38 | |
| 2012-09-30 | 68.04 | 1.25 | 20.70 | |
| 2012-06-30 | 67.02 | 2.54 | 20.74 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- GasLog has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- GasLog used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
- GasLog has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess GasLog's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
GasLog has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is GasLog's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up GasLog's finances.
The net worth of a company is the difference between its assets and liabilities.
- GasLog's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- GasLog's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from GasLog Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 1,983.12 | 3,045.18 | 373.82 |
| 2018-09-30 | 1,921.04 | 3,064.27 | 303.85 |
| 2018-06-30 | 1,863.07 | 3,134.65 | 340.37 |
| 2018-03-31 | 1,884.39 | 3,162.07 | 359.15 |
| 2017-12-31 | 1,763.13 | 2,762.80 | 384.09 |
| 2017-09-30 | 1,755.50 | 2,792.74 | 380.27 |
| 2017-06-30 | 1,717.22 | 2,884.37 | 424.33 |
| 2017-03-31 | 1,584.39 | 3,127.66 | 542.78 |
| 2016-12-31 | 1,509.68 | 2,902.77 | 245.02 |
| 2016-09-30 | 1,490.09 | 2,784.52 | 244.66 |
| 2016-06-30 | 1,456.05 | 2,645.30 | 192.60 |
| 2016-03-31 | 1,475.13 | 2,588.41 | 285.53 |
| 2015-12-31 | 1,507.92 | 2,447.26 | 308.99 |
| 2015-09-30 | 1,507.81 | 2,484.98 | 368.94 |
| 2015-06-30 | 1,530.36 | 2,505.07 | 424.98 |
| 2015-03-31 | 1,245.26 | 2,388.83 | 191.72 |
| 2014-12-31 | 1,253.04 | 1,947.18 | 240.08 |
| 2014-09-30 | 1,265.05 | 1,878.36 | 353.14 |
| 2014-06-30 | 1,120.29 | 1,898.41 | 249.81 |
| 2014-03-31 | 836.73 | 1,118.62 | 286.99 |
| 2013-12-31 | 639.53 | 1,132.23 | 108.30 |
| 2013-09-30 | 623.27 | 1,005.11 | 275.41 |
| 2013-06-30 | 622.96 | 738.08 | 211.75 |
| 2013-03-31 | 604.52 | 539.59 | 135.29 |
| 2012-12-31 | 603.27 | 285.60 | 215.65 |
| 2012-09-30 | 606.44 | 293.66 | 238.54 |
| 2012-06-30 | 610.67 | 291.47 | 292.19 |
- GasLog's level of debt (153.6%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (176.4% vs 153.6% today).
- Debt is not well covered by operating cash flow (9.3%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
Financial health checks
We assess GasLog's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) GasLog has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is GasLog's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
GasLog
shares you are expected to receive
$73
in your first year as a dividend.
Dividend Amount
- GasLog's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
- GasLog's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
| United States of America Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 65 Stocks | 3.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-12-31 | 0.60 | 1.00 |
| 2021-12-31 | 0.61 | 7.00 |
| 2020-12-31 | 0.61 | 9.00 |
| 2019-12-31 | 0.60 | 9.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-05 | 0.600 | 3.549 |
| 2019-02-14 | 0.600 | 3.572 |
| 2018-11-01 | 0.600 | 3.216 |
| 2018-05-04 | 0.600 | 3.279 |
| 2018-02-28 | 0.560 | 3.264 |
| 2018-02-16 | 0.560 | 3.226 |
| 2017-11-02 | 0.560 | 2.867 |
| 2017-08-03 | 0.560 | 3.320 |
| 2017-05-05 | 0.560 | 3.753 |
| 2017-03-01 | 0.560 | 3.834 |
| 2017-02-17 | 0.560 | 3.535 |
| 2016-11-03 | 0.560 | 3.448 |
| 2016-08-04 | 0.560 | 3.873 |
| 2016-05-06 | 0.560 | 4.399 |
| 2016-03-14 | 0.560 | 5.089 |
| 2016-02-25 | 0.560 | 5.344 |
| 2015-08-06 | 0.560 | 5.675 |
| 2015-05-06 | 0.560 | 2.984 |
| 2014-11-20 | 0.560 | 2.889 |
| 2014-08-20 | 0.480 | 2.225 |
| 2014-02-28 | 0.480 | 1.871 |
| 2013-11-14 | 0.480 | 2.704 |
| 2013-08-20 | 0.440 | 3.009 |
| 2013-05-15 | 0.440 | 3.297 |
| 2013-02-27 | 0.440 | 3.482 |
| 2012-11-21 | 0.440 | 3.543 |
| 2012-04-02 | 0.220 | 2.057 |
| 2012-03-30 | 0.220 | 1.767 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, GasLog has been paying a dividend for less than 10 years.
- Dividend payments have increased, but GasLog only paid a dividend in the past 7 years.
Income/ dividend checks
We assess GasLog's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can GasLog afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) GasLog has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| AGE | 55 |
| TENURE AS CEO | 6.3 years |
CEO Bio
Mr. Paul A. Wogan has been the Chief Executive Officer of GasLog Ltd. since January 2013. Mr. Wogan serves as Non-Executive Director at Thomas Miller & Co Ltd since December 2018. Mr. Wogan served as the Chief Strategy Officer of GasLog Ltd. from February 2012 to January 2013. He served as Chief Executive Officer of GasLog Partners LP from January 23, 2014 to May 12, 2014. He served as the President of Teekay Tanker Services of Teekay Corporation from November 2003 to March 2008 and served as its Vice President of Business Development since 2002. He joined Teekay Shipping Corp. in November 2000 as the Managing Director of the London office. He served for 10 years with Seachem Tankers Ltd., where he served as Vice President of Marketing and served as its Chief Executive Officer since 1997. He was involved in chartering for a major crude oil and product carrier fleet controlled by the Ceres Hellenic Group (Livanos), Teekay Shipping Corp. He has 22 years experience in the shipping industry. He has been a Director of GasLog Ltd. since May 12, 2015. He has been a Director of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited since October 28, 2013. He serves on an Advisory Board of Grand Union, the Greek shipping company. From 2008 to February 2012, Mr. Wogan served as Senior Independent Director of Clarksons PLC. Mr. Wogan served as Non-Executive Director of Sure Wind Marine Ltd. from 2009 to 2014. He served as a Senior Independent Director of Clarkson PLC from November 2008 to February 2012 and served as its Non Executive Director from June 27, 2008 to February 10, 2012. He served as Director of GasLog Partners LP. He served as a Director of Ugland Nordic Shipping AS since April 2001. He served as a Director of UK P&I Club from October 2006 to February 2008. Mr. Wogan is a graduate of Exeter University and has an MBA from Cranfield School of Management.
CEO Compensation
- Insufficient data for Paul to compare compensation growth.
- Insufficient data for Paul to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the GasLog management team in years:
- The tenure for the GasLog management team is about average.
Management Team
Peter Livanos
Executive Chairman of the Board
60
Paul Wogan
CEO & Director
55
6.3 yrs
Alastair Maxwell
Chief Financial Officer
54
2.1 yrs
Richard Sadler
Chief Operating Officer
60
1.6 yrs
Alastair McDonald
Head of Corporate Finance & Strategic Development
2.5 yrs
Theofanis Sallis
Head of Operations & Technology
0.9 yrs
Phil Corbett
Head of Investor Relations
Nicola Lloyd
General Counsel
Joanne Vranos
Head of Human Resources
Marc Ollier
Head of Internal Audit
Board of Directors Tenure
Average tenure and age of the GasLog board of directors in years:
- The tenure for the GasLog board of directors is about average.
Board of Directors
Paul Wogan
CEO & Director
55
3.9 yrs
Denny Houston
Vice Chairman & Senior Independent Director
67
2.9 yrs
Peter Livanos
Executive Chairman of the Board
60
15.8 yrs
Julian Metherell
Director
54
7.5 yrs
Don Kintzer
Independent Director
71
4.4 yrs
Bruce Blythe
Director
73
7.5 yrs
Bill Friedrich
Director
69
7.5 yrs
Anthony Papadimitriou
Independent Director
62
7.4 yrs
Graham Westgarth
Director
63
1.9 yrs
David Conner
Independent Director
69
2.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess GasLog's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) GasLog has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
GasLog Ltd. (NYSE:GLOG): What Does Its Beta Value Mean For Your Portfolio?
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Simply Wall St - – Full articleWhy We’re Not Impressed By GasLog Ltd.’s (NYSE:GLOG) 6.5% ROCE
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleBased On Its ROE, Is GasLog Ltd. (NYSE:GLOG) A High Quality Stock?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.065. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleGasLog Ltd (NYSE:GLOG): 4 Days To Buy Before The Ex-Dividend Date
Investors who want to cash in on GasLog Ltd's (NYSE:GLOG) upcoming dividend of US$0.40 per share have only 4 days left to buy the shares before its ex-dividend date, 07 December 2018, in time for dividends payable on the 17 December 2018. … 5 questions I ask before picking a dividend stock? … Has it paid dividend every year without dramatically reducing payout in the past?
Simply Wall St - – Full articleIs GasLog Ltd (NYSE:GLOG) An Attractive Dividend Stock?
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … Historically, GasLog Ltd (NYSE:GLOG) has paid dividends to shareholders, and these days it yields 2.9%. … Let's dig deeper into whether GasLog should have a place in your portfolio.
Simply Wall St - – Full articleWith An ROE Of 5.9%, Has GasLog Ltd's (NYSE:GLOG) Management Done Well?
This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Check out our latest analysis for GasLog
Simply Wall St - – Full articleShould You Be Holding GasLog Ltd (NYSE:GLOG) Right Now?
The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Not every stock is exposed to the same level of market risk.
Simply Wall St - – Full articleIs GasLog Ltd (NYSE:GLOG) A Sell At Its Current PE Ratio?
and want to begin learning the link between GasLog Ltd (NYSE:GLOG)’s fundamentals and stock market performance. … GasLog Ltd (NYSE:GLOG) trades with a trailing P/E of 86.5x, which is higher than the industry average of 13.4x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind.
Simply Wall St - – Full articleGasLog Ltd (NYSE:GLOG): Time For A Financial Health Check
At this stable level of debt, GLOG's cash and short-term investments stands at US$384.09M , ready to deploy into the business. … On top of this, GLOG has generated US$223.63M in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 8.09%, meaning that GLOG’s current level of operating cash is not high enough to cover debt. … In GLOG's case, the ratio of 1.71x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: At its current level of cash flow coverage, GLOG has room for improvement to better cushion for events which may require debt repayment.
Simply Wall St - – Full articleGasLog Ltd (NYSE:GLOG): Dividend Is Coming In 3 Days, Should You Buy?
Important news for shareholders and potential investors in GasLog Ltd (NYSE:GLOG): The dividend payment of $0.14 per share will be distributed into shareholder on 15 March 2018, and the stock will begin trading ex-dividend at an earlier date, 02 March 2018. … See our latest analysis for GasLog Here's how I find good dividend stocks If you are a dividend investor, you should always assess these five key metrics: Is it the top 25% annual dividend yield payer? … Given that this is purely a dividend analysis, you should always research extensively before deciding whether or not a stock is an appropriate investment for you.
Simply Wall St - – Full articleCompany Info
Description
GasLog Ltd. operates as an owner, operator, and manager of liquefied natural gas (LNG) carriers providing support to international energy companies. It provides maritime services for the transportation of LNG on a worldwide basis and vessel management services. As of March 5, 2019, its owned fleet consisted of 34 LNG carriers, including 25 ships on the water and 9 on order. GasLog Ltd. was incorporated in 2003 and is based in Monaco.
Details
| Name: | GasLog Ltd. |
| GLOG | |
| Exchange: | NYSE |
| Founded: | 2003 |
| $1,669,045,884 | |
| $1,334,210,559 | |
| 102,521,246 | |
| Website: | http://www.gaslogltd.com |
| Address: |
GasLog Ltd. Gildo Pastor Center, 7 Rue du Gabian, Monaco, 98000, Monaco |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | GLOG | Common Stock | New York Stock Exchange | US | USD | 30. Mar 2012 | |
| DB | 7GO | Common Stock | Deutsche Boerse AG | DE | EUR | 30. Mar 2012 | |
| LSE | 0U9H | Common Stock | London Stock Exchange | GB | USD | 30. Mar 2012 | |
| NYSE | GLOG.PRA | PFD SHS SER A | New York Stock Exchange | US | USD | 01. Apr 2015 |
Number of employees
Current staff
Industry
| Oil and Gas Storage and Transportation | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/24 00:33 |
| End of day share price update: | 2019/04/23 00:00 |
| Last estimates confirmation: | 2019/04/23 |
| Last earnings filing: | 2019/03/05 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
