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Flex LNGSTU:0QQA -1.31%65 Return-on-Tangible-Equity is 11.08% as of Mar. 2026, which is 87% above its 10-year median of 5.93. GuruFocus rates STU:0QQA with a GF Score™ of 65/100 and a GF Value™ of €21.79 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 944 Oil & Gas companies, Flex LNG ranks better than 58.58% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Flex LNG's annualized net income for the quarter that ended in Mar. 2026 was €67.5 Mil. Flex LNG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €609.1 Mil. Therefore, Flex LNG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.08%.
The historical rank and industry rank for Flex LNG's Return-on-Tangible-Equity or its related term are showing as below:
STU:0QQA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.87 Med: 5.93 Max: 20.93
Current: 10.21
During the past 13 years, Flex LNG's highest Return-on-Tangible-Equity was 20.93%. The lowest was -2.87%. And the median was 5.93%.
STU:0QQA's Return-on-Tangible-Equity is ranked better than 58.58% of 944
companies
in the Oil & Gas industry
Industry Median: 6.795
vs STU:0QQA: 10.21
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Flex LNG Return-on-Tangible-Equity Related Terms
Flex LNG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Flex LNG's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:0QQA vs GLP, GEL, LPG: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, Flex LNG's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flex LNG Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Flex LNG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Flex LNG's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.08% mean?
Flex LNG (STU:0QQA) has a Return-on-Tangible-Equity of 11.08% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Flex LNG and its competitors. This is 87% above median its historical median of 5.93. According to the industry distribution chart, Flex LNG ranks #391 out of 944 companies in the Oil & Gas industry, placing it in the top 41.4%.
Is Flex LNG's Return-on-Tangible-Equity too high?
Flex LNG's current Return-on-Tangible-Equity of 11.08% is 87% above median its 10-year median of 5.93. The Oil & Gas industry median Return-on-Tangible-Equity is 6.80. Flex LNG's value of 11.08% is 63.1% above this industry median. Based on the distribution chart, Flex LNG ranks #391 out of 944 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Flex LNG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Return-on-Tangible-Equity compare to GLP and GEL?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #391 out of 944 companies for Return-on-Tangible-Equity. This puts Flex LNG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.80. Flex LNG's value of 11.08% is 63.1% above this benchmark. While the company's 10-year median is 5.93 vs. the industry median of 6.80, Flex LNG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.80, based on 944 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flex LNG's current Return-on-Tangible-Equity of 11.08% is 63.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Flex LNG and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Return-on-Tangible-Equity is 11.08%, which is 87% above median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex LNG stock overvalued right now?
Based on GuruFocus' analysis, Flex LNG (STU:0QQA) is currently considered Modestly Overvalued. The stock's GF Value™ is €21.79, compared to a current price of €26.45 — trading 21.4% above its estimated fair value. The current Return-on-Tangible-Equity is 11.08%, which is 87% above median its 10-year median of 5.93 and 63.1% above the Oil & Gas industry median of 6.80. Flex LNG's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Flex LNG (STU:0QQA), the current Return-on-Tangible-Equity is 11.08% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Flex LNG (STU:0QQA) Overvalued in 2026?
Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued.
The current stock price of €26.45 is trading 21.4% above its estimated GF Value™ of €21.79.
GuruFocus considers Flex LNG to be Modestly Overvalued.
Key valuation signals for STU:0QQA:
Return-on-Tangible-Equity: 11.08% (87% above median its 10-year median of 5.93)
GF Value™: €21.79 vs. price of €26.45 (21.4% above fair value)
Industry Position: 63.1% above the Oil & Gas median (#391 of 944)
No single metric tells the full story. See the STU:0QQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
65GF Score
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