NYSE:GLOG

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Reasonable growth potential second-rate dividend payer.


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


Market Performance


7 Day Return

-2.5%

GLOG

0.9%

US Oil and Gas

-0.2%

US Market


1 Year Return

-32.3%

GLOG

-20.1%

US Oil and Gas

1.1%

US Market

GLOG underperformed the Oil and Gas industry which returned -20.1% over the past year.

GLOG underperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

GLOGIndustryMarket
7 Day-2.5%0.9%-0.2%
30 Day8.6%5.3%2.5%
90 Day1.6%-4.9%1.6%
1 Year-28.3%-32.3%-17.2%-20.1%3.4%1.1%
3 Year17.9%3.8%1.8%-7.4%45.2%35.8%
5 Year-29.7%-42.6%-25.5%-35.6%62.6%44.8%

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

1 month ago | Simply Wall St

Here's Why GasLog (NYSE:GLOG) Is Weighed Down By Its Debt Load

Valuation

Is GasLog undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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 Based on Earnings

GasLog is loss making, we can't compare its value to the US Oil and Gas industry average.

GasLog is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for GasLog, we can't assess if its growth is good value.


Price Based on Value of Assets

GasLog is overvalued based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is GasLog expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

58.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

GasLog's revenue is expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).

GasLog's earnings are expected to grow significantly at over 20% yearly.

GasLog's revenue growth is expected to exceed the United States of America market average.

GasLog's earnings growth is expected to exceed the United States of America market average.

GasLog's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

GasLog is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has GasLog performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GasLog does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare GasLog's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare GasLog's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

GasLog has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

GasLog used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if GasLog improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is GasLog's financial position?


Financial Position Analysis

GasLog is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

GasLog's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

GasLog's level of debt (164.9%) 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 (169.2% vs 164.9% today).

Debt is not well covered by operating cash flow (8.2%, less than 20% of total debt).

GasLog is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.1x debt.


Next Steps

Dividend

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

4.50%

Expected Dividend Yield


Dividend Yield and Payments Analysis

GasLog's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

GasLog's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).

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

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Paul Wogan (56yo)

6.7yrs

Tenure

0

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 C ...


Management Age and Tenure

2.5yrs

Average Tenure

56yo

Average Age

The tenure for the GasLog management team is about average.


Board Age and Tenure

6.3yrs

Average Tenure

66yo

Average Age

The tenure for the GasLog board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$395,10024 Jun 19
Peter Livanos
EntityIndividual
Role
Chairman of the Board
Executive Chairman of the Board
Shares30,000
Max PriceUS$13.17

Ownership Breakdown


Management Team

  • Paul Wogan (56yo)

    CEO & Director

    • Tenure: 6.7yrs
  • Peter Livanos (61yo)

    Executive Chairman of the Board

    • Tenure: 16.2yrs
  • Joanne Vranos

    Head of Human Resources

    • Tenure: 0yrs
  • Phil Corbett

    Head of Investor Relations

    • Tenure: 0yrs
  • Theofanis Sallis

    Head of Operations & Technology

    • Tenure: 1.3yrs
  • Nicola Lloyd

    General Counsel

    • Tenure: 0yrs
  • Marc Ollier

    Head of Internal Audit

    • Tenure: 0yrs
  • Alastair McDonald

    Head of Corporate Finance & Strategic Development

    • Tenure: 2.9yrs
  • Alastair Maxwell (55yo)

    Chief Financial Officer

    • Tenure: 2.5yrs
  • Paolo Enoizi

    Chief Operating Officer

    • Tenure: 0.08yrs

Board Members

  • Graham Westgarth (64yo)

    Director

    • Tenure: 2.3yrs
  • Bill Friedrich (70yo)

    Director

    • Tenure: 7.9yrs
  • Anthony Papadimitriou (63yo)

    Independent Director

    • Tenure: 7.8yrs
  • Paul Wogan (56yo)

    CEO & Director

    • Tenure: 6.7yrs
  • Bruce Blythe (74yo)

    Independent Director

    • Tenure: 7.9yrs
  • David Conner (71yo)

    Independent Director

    • Tenure: 3.3yrs
  • Peter Livanos (61yo)

    Executive Chairman of the Board

    • Tenure: 16.2yrs
  • Julian Metherell (55yo)

    Independent Director

    • Tenure: 7.9yrs
  • Denny Houston (68yo)

    Vice Chairman & Senior Independent Director

    • Tenure: 3.3yrs
  • Don Kintzer (72yo)

    Independent Director

    • Tenure: 4.8yrs

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$1.097b
  • Shares outstanding: 80.86m
  • Website: https://www.gaslogltd.com

Number of Employees


Location

  • GasLog Ltd.
  • Gildo Pastor Center
  • 7 Rue du Gabian
  • Monaco
  • 98000
  • Monaco

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 Analysis2019/09/21 00:12
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.