Golar LNG Ltd. owns and operates liquefied natural gas carriers and floating storage regasification units. The company was founded in 1946 and is based in Hamilton, Bermuda.
GLNG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Golar Lng Ltd. To summarize, we found that Golar Lng Ltd ranked in the 49th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 6.83%. The most interesting components of our discounted cash flow analysis for Golar Lng Ltd ended up being:
31% of the company's capital comes from equity, which is greater than only 8.91% of stocks in our cash flow based forecasting set.
Golar Lng Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.05. This coverage rate is greater than that of only 20.19% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Golar Lng Ltd experienced a tax rate of about 0% over the past twelve months; relative to its sector (Energy), this tax rate is higher than just 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Golar Lng Ltd? See TNK, PEIX, DLNG, HAL, and EPD.
KNOXVILLE, Tenn., Jan. 19, 2021 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $9.0 million, or $0.59 per diluted common share, for the fourth quarter of 2020, compared to net income of $6.4 million, or $0.42 per diluted common share for the third quarter of 2020. Operating earnings (Non-GAAP), which excludes securities gains, merger related and restructuring expenses and non-operating items, totaled $9.2 million, or $0.61 per diluted common share, in the fourth quarter of 2020, compared to $6.6 million, or $0.44 per diluted common share, in the third quarter of 2020. Highlights for the Fourth Quarter of 2020 Net income of $9.0 million and operating earnings of $9.2 million (Non-GAAP)Operating noninterest income ...
New Fortress Energy has agreed to acquire Brazilian LNG and power company Hygo Energy Transition from Norway's Golar LNG and US private equity fund Stonepeak Infrastructure Partners, a deal that catapults the New York-based company into the LNG major leagues.
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), and Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”). “With a strong presence in Brazil and a world-class LNG shipping bus