NYSE:GLOG

Stock Analysis Report

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Executive Summary

GasLog Ltd. operates as an owner, operator, and manager of liquefied natural gas (LNG) carriers providing support to international energy companies. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has GasLog's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GLOG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GLOG's weekly volatility has decreased from 14% to 9% over the past year.


Market Performance


7 Day Return

-7.2%

GLOG

-3.9%

US Oil and Gas

1.3%

US Market


1 Year Return

-67.8%

GLOG

-34.7%

US Oil and Gas

21.0%

US Market

Return vs Industry: GLOG underperformed the US Oil and Gas industry which returned -31.4% over the past year.

Return vs Market: GLOG underperformed the US Market which returned 20.9% over the past year.


Shareholder returns

GLOGIndustryMarket
7 Day-7.2%-3.9%1.3%
30 Day24.0%24.3%12.1%
90 Day-1.3%4.6%4.8%
1 Year-64.0%-67.8%-30.4%-34.7%23.7%21.0%
3 Year-79.8%-83.6%-37.5%-46.0%46.6%36.8%
5 Year-58.4%-68.8%-22.0%-37.2%94.6%73.2%

Long-Term Price Volatility Vs. Market

How volatile is GasLog's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GasLog undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GLOG ($2.95) is trading below our estimate of fair value ($32.24)

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


Price To Earnings Ratio

PE vs Industry: GLOG is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: GLOG is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GLOG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GLOG is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (1x).


Next Steps

Future Growth

How is GasLog forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

100.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLOG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: GLOG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GLOG's is expected to become profitable in the next 3 years.

Revenue vs Market: GLOG's revenue (10.1% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: GLOG's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GLOG's Return on Equity is forecast to be low in 3 years time (8.7%).


Next Steps

Past Performance

How has GasLog performed over the past 5 years?

-47.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLOG is currently unprofitable.

Growing Profit Margin: GLOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLOG is unprofitable, and losses have increased over the past 5 years at a rate of 47.4% per year.

Accelerating Growth: Unable to compare GLOG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GLOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).


Return on Equity

High ROE: GLOG has a negative Return on Equity (-10.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is GasLog's financial position?


Financial Position Analysis

Short Term Liabilities: GLOG's short term assets ($241.8M) do not cover its short term liabilities ($425.6M).

Long Term Liabilities: GLOG's short term assets ($241.8M) do not cover its long term liabilities ($3.5B).


Debt to Equity History and Analysis

Debt Level: GLOG's debt to equity ratio (230.5%) is considered high.

Reducing Debt: GLOG's debt to equity ratio has increased from 164.8% to 230.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GLOG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GLOG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is GasLog current dividend yield, its reliability and sustainability?

19.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GLOG's dividend (19.66%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: GLOG's dividend (19.66%) is in the top 25% of dividend payers in the US market (4.08%)


Stability and Growth of Payments

Stable Dividend: GLOG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GLOG's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: GLOG is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: GLOG's dividends in 3 years are forecast to be well covered by earnings (22.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Paul Wogan (57 yo)

7.83yrs

Tenure

Mr. Paul A. Wogan serves as Chief Executive Officer and Director at GasLog Partners LP since September 16, 2020 and August 05, 2020 respectively. He has been the Chief Executive Officer of GasLog Ltd. sinc...


Leadership Team

NamePositionTenureCompensationOwnership
Peter Livanos
Executive Chairman of the Board17.33yrsno data1.7%
$ 4.8m
Paul Wogan
CEO & Director7.83yrsno datano data
Achilleas Tasioulas
Chief Financial Officer0.33yrno datano data
Paolo Enoizi
Chief Operating Officer1.17yrsno datano data
Joseph Nelson
Head of Investor Relationsno datano datano data
Nicola Lloyd
General Counselno datano datano data
Joanne Vranos
Head of Human Resourcesno datano datano data
Marc Ollier
Head of Internal Auditno datano datano data
Stelios Sabanis
Head of ICTno datano datano data
Bruno Larsen
Head of Floating4.67yrsno datano data
Jasper Heikens
Head of Commercial4.58yrsno datano data
Rick Martin
Treasurerno datano datano data

4.6yrs

Average Tenure

57yo

Average Age

Experienced Management: GLOG's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Livanos
Executive Chairman of the Board17.33yrsno data1.7%
$ 4.8m
Paul Wogan
CEO & Director7.83yrsno datano data
Anthony Papadimitriou
Independent Director9yrsno datano data
Bruce Blythe
Independent Director9.08yrsno data0.99%
$ 2.8m
Julian Metherell
Independent Vice Chairmanno datano datano data
Donald Kintzer
Independent Director6yrsno datano data
Kristin Holth
Independent Director0.17yrno datano data

7.5yrs

Average Tenure

63yo

Average Age

Experienced Board: GLOG's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.7%.


Top Shareholders

Company Information

GasLog Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GasLog Ltd.
  • Ticker: GLOG
  • Exchange: NYSE
  • Founded: 2003
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$280.751m
  • Shares outstanding: 95.17m
  • Website: https://www.gaslogltd.com

Number of Employees


Location

  • GasLog Ltd.
  • 69 Akti Miaouli
  • Piraeus
  • 18537
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLOGNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 2012
7GODB (Deutsche Boerse AG)YesCommon StockDEEURMar 2012
0U9HLSE (London Stock Exchange)YesCommon StockGBUSDMar 2012
GLOG.PRANYSE (New York Stock Exchange)PFD SHS SER AUSUSDApr 2015

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 00:10
End of Day Share Price2020/11/30 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.