Flex LNG (OSTO:FLNGO) ROCE %: 6.36% (As of Mar. 2026)

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OSTO:FLNGO Flex LNG Ltd OSTO:FLNGO
72 GF Score
Price kr244.50
GF Value kr199.30
! 9 Warning Signs
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What is Flex LNG ROCE %?

Flex LNG OSTO:FLNGO 72 ROCE % is 6.36% as of Mar. 2026. GuruFocus rates OSTO:FLNGO with a GF Score™ of 72/100 and a GF Value™ of kr199.30. The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Flex LNG's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.36%.

Flex LNG  (OSTO:FLNGo) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Flex LNG ROCE % Related Terms

Flex LNG ROCE % Historical Data

* Premium members only.

The historical data trend for Flex LNG's ROCE % 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.

Flex LNG ROCE % Chart

Flex LNG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.61 11.16 9.30 9.09 6.39

Flex LNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.41 6.62 6.43 7.23 6.36
OSTO:FLNGO
72GF Score
Flex LNG Ltd OSTO:FLNGO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Flex LNG ROCE % Calculation

Flex LNG's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1693.128/( ( (29946.563 - 1781.541) + (26518.727 - 1675.987) )/ 2 )
=1693.128/( (28165.022+24842.74)/ 2 )
=1693.128/26503.881
=6.39 %

Flex LNG's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1531.7/( ( (26518.727 - 1675.987) + (24961.802 - 1665.394) )/ 2 )
=1531.7/( ( 24842.74 + 23296.408 )/ 2 )
=1531.7/24069.574
=6.36 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.36% mean?
Flex LNG (OSTO:FLNGO) has a ROCE % of 6.36% as of Mar. 2026.
Is Flex LNG's ROCE % too high?
Flex LNG's current ROCE % is 6.36%. The Oil & Gas industry median ROCE % is 6.88. Flex LNG's value of 6.36% is 7.6% below this industry median. Overall, Flex LNG has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's ROCE % compare to GLP and LPG?
Flex LNG's ROCE % of 6.36% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. Flex LNG's value of 6.36% is 7.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.88, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flex LNG's current ROCE % of 6.36% is 7.6% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current ROCE % is 6.36%. 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?
Flex LNG (OSTO:FLNGO) has a current ROCE % of 6.36%. The stock's GF Value™ is kr199.30, compared to a current price of kr244.50 — trading 22.7% above its estimated fair value. The current ROCE % is 6.36% and 7.6% below the Oil & Gas industry median of 6.88. Flex LNG's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Flex LNG (OSTO:FLNGO), the current ROCE % is 6.36% 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 (OSTO:FLNGO) Overvalued in 2026?

Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued. The current stock price of kr244.50 is trading 22.7% above its estimated GF Value™ of kr199.30.

Key valuation signals for OSTO:FLNGO:

  • ROCE %: 6.36%
  • GF Value™: kr199.30 vs. price of kr244.50 (22.7% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 7.6% below the Oil & Gas median

No single metric tells the full story. See the OSTO:FLNGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Flex LNG Business Description

Industry EnergyOil & Gas
Other Exchanges FLNG:USA0QQA:Germany
Address 14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
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.
72GF Score

Get the complete analysis for OSTO:FLNGO

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr244.50
Price
kr199.30
GF Value