| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
SFL Overview
SFL Corporation Ltd. engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.
SFL Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.15 |
| 52 Week High | US$5.85 |
| 52 Week Low | US$9.05 |
| Beta | 1.15 |
| 1 Month Change | 0.99% |
| 3 Month Change | 6.82% |
| 1 Year Change | 7.95% |
| 3 Year Change | -41.66% |
| 5 Year Change | -44.22% |
| Change since IPO | -32.65% |
Recent News & Updates
Shareholder Returns
| SFL | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 6.5% | 3.9% | 0.1% |
| 1Y | 7.9% | 72.7% | 35.3% |
Return vs Industry: SFL underperformed the US Oil and Gas industry which returned 72.7% over the past year.
Return vs Market: SFL underperformed the US Market which returned 35.3% over the past year.
Price Volatility
| SFL volatility | |
|---|---|
| SFL Beta | 1.15 |
| Industry Beta | 1.82 |
| Market Beta | 1 |
Stable Share Price: SFL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SFL's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 14 | Ole Hjertaker | https://www.sflcorp.com |
SFL Corporation Ltd. engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. It is also involved in the charter, purchase, and sale of assets. In addition, the company operates in various sectors of the maritime, and shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, and drilling rigs.
SFL Fundamentals Summary
| SFL fundamental statistics | |
|---|---|
| Market Cap | US$1.01b |
| Earnings (TTM) | -US$98.26m |
| Revenue (TTM) | US$452.19m |
2.3x
P/S Ratio-10.5x
P/E RatioIs SFL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SFL income statement (TTM) | |
|---|---|
| Revenue | US$452.19m |
| Cost of Revenue | US$148.76m |
| Gross Profit | US$303.43m |
| Expenses | US$401.69m |
| Earnings | -US$98.26m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 30, 2021
| Earnings per share (EPS) | -0.78 |
| Gross Margin | 67.10% |
| Net Profit Margin | -21.73% |
| Debt/Equity Ratio | 188.2% |
How did SFL perform over the long term?
See historical performance and comparisonDividends
7.4%
Current Dividend Yield-69%
Payout RatioValuation
Is SFL 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: SFL ($7.93) is trading below our estimate of fair value ($58.18)
Significantly Below Fair Value: SFL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SFL is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: SFL 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 SFL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SFL is good value based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (1.9x).
Future Growth
How is SFL forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
29.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SFL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SFL's is expected to become profitable in the next 3 years.
Revenue vs Market: SFL's revenue (2.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: SFL's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFL's Return on Equity is forecast to be low in 3 years time (11.2%).
Past Performance
How has SFL performed over the past 5 years?
-56.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFL is currently unprofitable.
Growing Profit Margin: SFL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SFL is unprofitable, and losses have increased over the past 5 years at a rate of 56.3% per year.
Accelerating Growth: Unable to compare SFL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SFL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.4%).
Return on Equity
High ROE: SFL has a negative Return on Equity (-10.9%), as it is currently unprofitable.
Financial Health
How is SFL's financial position?
Financial Position Analysis
Short Term Liabilities: SFL's short term assets ($496.8M) exceed its short term liabilities ($460.2M).
Long Term Liabilities: SFL's short term assets ($496.8M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: SFL's debt to equity ratio (188.2%) is considered high.
Reducing Debt: SFL's debt to equity ratio has increased from 153.8% to 188.2% over the past 5 years.
Debt Coverage: SFL's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: SFL's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Dividend
What is SFL current dividend yield, its reliability and sustainability?
7.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFL's dividend (7.57%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SFL's dividend (7.57%) is in the top 25% of dividend payers in the US market (3.6%)
Stability and Growth of Payments
Stable Dividend: SFL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SFL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SFL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SFL's dividends in 3 years are forecast to be covered by earnings (61.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Ole Hjertaker (54 yo)
12.17yrs
Tenure
Mr. Ole Bjarte Hjertaker serves as Director of SFL Corporation Ltd. since October 28, 2019. Mr. Hjertaker has been the Chief Executive Officer of SFL Management AS, a subsidiary of SFL Corporation Ltd.sin...
Leadership Team
Experienced Management: SFL's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: SFL's board of directors are considered experienced (3 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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.5%.
Top Shareholders
Company Information
SFL Corporation Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: SFL Corporation Ltd.
- Ticker: SFL
- Exchange: NYSE
- Founded: 2003
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$1.005b
- Shares outstanding: 126.79m
- Website: https://www.sflcorp.com
Number of Employees
Location
- SFL Corporation Ltd.
- Par-la-Ville Place
- 14 Par-la-Ville Road
- Hamilton
- HM 08
- Bermuda
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 22:19 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.