SFL Stock Analysis: SFL | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.495m USD | 12M Return: 38.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.7M
EPS Trend: -79.4%
Qual. Beats: 1
Rev. Trend: 10.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
SFL Corporation Ltd. is a Bermuda-based maritime and offshore asset owner that generates revenue by purchasing vessels and offshore equipment and chartering them out to operators on medium and long-term contracts. Its diversified fleet spans tankers, dry bulk carriers, container vessels, car carriers, and drilling rigs, with operations and vessel registrations spanning Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was incorporated in 2003, listed on the NYSE in 2004 under its former name Ship Finance International Limited, and rebranded as SFL Corporation Ltd. in September 2019.
The asset-owning and chartering business model is common in the shipping industry, where companies act as lessors of vessels to operator clients, producing relatively contracted and predictable cash flow streams compared to operators exposed directly to volatile freight rates. SFL is classified under the GICS Energy sub-industry of Oil & Gas Storage & Transportation, reflecting the significant share of its fleet allocated to crude oil and oil product tankers alongside its exposure to dry bulk, container, car carrier, and offshore drilling segments.
- Crude tanker charter rates anchor long-term contracted revenue
- IMO emissions rules may require costly fleet renewal capex
- Offshore drilling rig utilization fluctuates with oil prices
| Net Income: 31.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 9.98 > 1.0 |
| NWC/Revenue: -77.44% < 20% (prev -46.61%; Δ -30.83% < -1%) |
| CFO/TA 0.07 > 3% & CFO 245.6m > Net Income 31.5m |
| Net Debt (2.37b) to EBITDA (447.2m): 5.30 < 3 |
| Current Ratio: 0.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (132.8m) vs 12m ago -0.82% < -2% |
| Gross Margin: 34.30% > 18% (prev 31.65%; Δ 2.65% > 0.5%) |
| Asset Turnover: 18.69% > 50% (prev 21.08%; Δ -2.40% > 0%) |
| Interest Coverage Ratio: 1.23 > 6 (EBIT TTM 212.0m / Interest Expense TTM 172.7m) |
| A: -0.15 (Total Current Assets 255.3m - Total Current Liabilities 804.3m) / Total Assets 3.56b |
| B: -0.01 (Retained Earnings -26.4m / Total Assets 3.56b) |
| C: 0.06 (EBIT TTM 212.0m / Avg Total Assets 3.79b) |
| D: 0.37 (Book Value of Equity 964.8m / Total Liabilities 2.59b) |
| Altman-Z'' = -0.27 = B |
| DSRI: 0.34 (Receivables 8.60m/30.2m, Revenue 708.9m/850.2m) |
| GMI: 0.92 (GM 31.65% / 34.30%) |
| AQI: 1.21 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 0.83 (Revenue 708.9m / 850.2m) |
| TATA: -0.06 (NI 31.5m - CFO 245.6m) / TA 3.56b) |
| Beneish M = -3.64 (Cap -4..+1) = AAA |
As of July 29, 2026, the stock is trading at USD 12.13 with a total of 1,209,135 shares traded. Over the past week, the price has changed by +6.23%, over one month by +15.25%, over three months by +8.88% and over the past year by +38.13%.
Current recommended Stop Loss: 11.70 (which is 3.5% or 1.3 ATR below the current price).
SFL has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy SFL.
- StrongBuy: 2
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 11.7 | -3.3% |
P/E Trailing = 46.8333
P/E Forward = 163.9344
P/S = 2.1133
P/B = 1.5314
P/EG = -1.57
Revenue TTM = 708.9m USD
EBIT TTM = 212.0m USD
EBITDA TTM = 447.2m USD
Long Term Debt = 1.78b USD (from longTermDebt, last quarter)
Short Term Debt = 723.3m USD (from shortTermDebt, last quarter)
Debt = 2.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.37b USD (calculated: Debt 2.50b - CCE 133.8m)
Enterprise Value = 3.86b USD (1.49b + Debt 2.50b - CCE 133.8m)
Interest Coverage Ratio = 1.23 (Ebit TTM 212.0m / Interest Expense TTM 172.7m)
EV/FCF = 20.57x (Enterprise Value 3.86b / FCF TTM 187.8m)
FCF Yield = 4.86% (FCF TTM 187.8m / Enterprise Value 3.86b)
FCF Margin = 26.49% (FCF TTM 187.8m / Revenue TTM 708.9m)
Net Margin = 4.45% (Net Income TTM 31.5m / Revenue TTM 708.9m)
Gross Margin = 34.30% ((Revenue TTM 708.9m - Cost of Revenue TTM 465.8m) / Revenue TTM)
Gross Margin QoQ = 30.06% (prev 58.43%)
Tobins Q-Ratio = 1.09 (Enterprise Value 3.86b / Total Assets 3.56b)
Interest Expense / Debt = 6.90% (Interest Expense 172.7m / Debt 2.50b)
Taxrate = 5.17% (1.72m / 33.2m)
NOPAT = 201.0m (EBIT 212.0m * (1 - 5.17%))
Current Ratio = 0.32 (Total Current Assets 255.3m / Total Current Liabilities 804.3m)
Debt / Equity = 2.59 (Debt 2.50b / totalStockholderEquity, last quarter 964.8m)
Debt / EBITDA = 5.30 (Net Debt 2.37b / EBITDA 447.2m)
Debt / FCF = 12.61 (Net Debt 2.37b / FCF TTM 187.8m)
Total Stockholder Equity = 981.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.83% (Net Income 31.5m / Total Assets 3.56b)
RoE = 3.21% (Net Income TTM 31.5m / Total Stockholder Equity 981.6m)
RoCE = 7.68% (EBIT 212.0m / Capital Employed (Equity 981.6m + L.T.Debt 1.78b))
RoIC = 5.85% (NOPAT 201.0m / Invested Capital 3.44b)
WACC = 7.04% (E(1.49b)/V(4.00b) * Re(7.86%) + D(2.50b)/V(4.00b) * Rd(6.90%) * (1-Tc(0.05)))
Discount Rate = 7.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.51 | Cagr: 2.48%
[DCF] Terminal Value 75.44% ; FCFF base≈187.8m ; Y1≈188.6m ; Y5≈199.8m
[DCF] Fair Price = 5.55 (EV 3.11b - Net Debt 2.37b = Equity 738.7m / Shares 133.0m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -79.36 | EPS CAGR: -46.09% | SUE: 0.99 | # QB: 1
Revenue Correlation: 10.87 | Revenue CAGR: 1.07% | SUE: 0.55 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.06 | Chg30d=-31.06% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.03 | Chg30d=-28.44% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=0.18 | Chg30d=-34.86% | Revisions=+25% | GrowthEPS=+22.4% | GrowthRev=-6.6%
EPS next Year (2027-12-31): EPS=0.48 | Chg30d=+0.00% | Revisions=+17% | GrowthEPS=+162.8% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: +29% (up=3, down=1)