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GasLog

NYSE:GLOG
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GLOG
NYSE
$2B
Imp Market Cap
  1. Home
  2. US
  3. Energy
Company description

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
1.3%
NYSE:GLOG
2.2%
US Oil and Gas
-0.1%
US Market
1 Year Returns
-4.6%
NYSE:GLOG
-5.3%
US Oil and Gas
7.6%
US Market
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.
Price Volatility
GLOG
Industry
5yr Volatility vs Market

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for GasLog.

NYSE:GLOG Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for NYSE:GLOG
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.

NYSE:GLOG DCF 1st Stage: Next 10 year cash flow forecast
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
NYSE:GLOG DCF 2nd Stage: Terminal Value
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
NYSE:GLOG Total Equity Value
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
NYSE:GLOG Discount to Share Price
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
Amount off the current price GasLog is available for.
Intrinsic value
48%
Share price is $16.5 vs Future cash flow value of $31.71
Current Discount Checks
For GasLog to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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?
Raw Data
NYSE:GLOG PE (Price to Earnings) Ratio Data Sources
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.

NYSE:GLOG PE (Price to Earnings) Ratio Calculation
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?
Raw Data
NYSE:GLOG PEG (Price to Earnings to Growth) Ratio Data Sources
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 .

NYSE:GLOG PEG (Price to Earnings to Growth) Ratio Calculation
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?
Raw Data
NYSE:GLOG PB (Price to Book) Ratio Data Sources
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
NYSE:GLOG PB (Price to Book) Ratio Calculation
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.
X
Value checks
We assess GasLog's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. 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!
Annual Growth Rate
46.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GasLog expected to grow at an attractive rate?
  • 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
Raw Data
NYSE:GLOG Future Growth Rates Data Sources
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
Raw Data
NYSE:GLOG Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:GLOG Future Estimates Data
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
NYSE:GLOG Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • GasLog's earnings are expected to grow significantly at over 20% yearly.
  • GasLog's revenue is expected to grow by 10% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:GLOG 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.

NYSE:GLOG Future Estimates Data
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
NYSE:GLOG Past Financials Data
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.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • GasLog is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess GasLog's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare GasLog's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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
GasLog's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GasLog Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:GLOG Past Revenue, Cash Flow and Net Income Data
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).
X
Past performance checks
We assess GasLog's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of GasLog's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from GasLog Company Filings, last reported 3 months ago.

NYSE:GLOG Past Debt and Equity Data
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).
X
Financial health checks
We assess GasLog's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GasLog has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
3.64%
Current annual income from GasLog dividends. Estimated to be 3.68% next year.
If you bought $2,000 of GasLog shares you are expected to receive $73 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Raw Data
NYSE:GLOG Annualized Past and Future Dividends
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.

NYSE:GLOG Future Dividends Estimate Data
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
NYSE:GLOG Past Annualized Dividends Data
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.
Current Payout to shareholders
What portion of GasLog's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
X
Income/ dividend checks
We assess GasLog's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

 What is the CEO of GasLog's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Wogan
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:

2.1
Average Tenure
57.5
Average Age
  • The tenure for the GasLog management team is about average.
Management Team

Peter Livanos

TITLE
Executive Chairman of the Board
AGE
60

Paul Wogan

TITLE
CEO & Director
AGE
55
TENURE
6.3 yrs

Alastair Maxwell

TITLE
Chief Financial Officer
AGE
54
TENURE
2.1 yrs

Richard Sadler

TITLE
Chief Operating Officer
AGE
60
TENURE
1.6 yrs

Alastair McDonald

TITLE
Head of Corporate Finance & Strategic Development
TENURE
2.5 yrs

Theofanis Sallis

TITLE
Head of Operations & Technology
TENURE
0.9 yrs

Phil Corbett

TITLE
Head of Investor Relations

Nicola Lloyd

TITLE
General Counsel

Joanne Vranos

TITLE
Head of Human Resources

Marc Ollier

TITLE
Head of Internal Audit
Board of Directors Tenure

Average tenure and age of the GasLog board of directors in years:

5.9
Average Tenure
65
Average Age
  • The tenure for the GasLog board of directors is about average.
Board of Directors

Paul Wogan

TITLE
CEO & Director
AGE
55
TENURE
3.9 yrs

Denny Houston

TITLE
Vice Chairman & Senior Independent Director
AGE
67
TENURE
2.9 yrs

Peter Livanos

TITLE
Executive Chairman of the Board
AGE
60
TENURE
15.8 yrs

Julian Metherell

TITLE
Director
AGE
54
TENURE
7.5 yrs

Don Kintzer

TITLE
Independent Director
AGE
71
TENURE
4.4 yrs

Bruce Blythe

TITLE
Director
AGE
73
TENURE
7.5 yrs

Bill Friedrich

TITLE
Director
AGE
69
TENURE
7.5 yrs

Anthony Papadimitriou

TITLE
Independent Director
AGE
62
TENURE
7.4 yrs

Graham Westgarth

TITLE
Director
AGE
63
TENURE
1.9 yrs

David Conner

TITLE
Independent Director
AGE
69
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess GasLog's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

Why 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 -

Based 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 -

GasLog 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 -

Is 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 -

With 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 -

Should 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 -

Is 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 -

GasLog 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 -

GasLog 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 -

Company 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
Staff numbers
160
GasLog employees.
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.