Golar LNG Limited logo GLNG - Golar LNG Limited

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 30
HOLD 13
SELL 4
STRONG
SELL
0
| PRICE TARGET: $66.00 DETAILS
HIGH: $67.00
LOW: $65.00
MEDIAN: $66.00
CONSENSUS: $66.00
UPSIDE: 28.81%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Mild
Trading 4.6% below fair value
Current Price $51.24
Bear Case $42.96 16.2% downside ($42.96 - $51.24) / $51.24 = -16.2% $2.45 × 16x P/E
Fair Value $53.71 4.8% upside ($53.71 - $51.24) / $51.24 = 4.8% $2.45 × 20x P/E
Bull Case $64.45 25.8% upside ($64.45 - $51.24) / $51.24 = 25.8% $2.45 × 24x P/E

Adjust Assumptions

19.8x
2.45$

Key Value Driver

Normalized P/E multiple (20x base case)

Implied Market Multiple 20.9x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $66.00 from 48 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $53.71 per share.

Warnings

The company's reported profits differ from official accounting profits by 277%. Check what costs are being left out of the adjusted number.
The company pays out 154% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Wall Street's average price target is $66.00 (from 48 analysts). Our estimate is 27% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples