SFL Stock Analysis: SFL | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.907m USD | 12M Return: 80.8% | BMG7738W1064 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.6M
EPS Trend: -74.9%
Qual. Beats: 2
Rev. Trend: -27.6%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.7 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: 63.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 9.98 > 1.0 |
| NWC/Revenue: -56.85% < 20% (prev -77.37%; Δ 20.51% < -1%) |
| CFO/TA 0.08 > 3% & CFO 263.8m > Net Income 63.9m |
| Net Debt (2.27b) to EBITDA (455.1m): 4.98 < 3 |
| Current Ratio: 0.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (134.6m) vs 12m ago 1.34% < -2% |
| Gross Margin: 37.96% > 18% (prev 28.98%; Δ 8.98% > 0.5%) |
| Asset Turnover: 19.31% > 50% (prev 21.55%; Δ -2.23% > 0%) |
| Interest Coverage Ratio: 1.43 > 6 (EBIT TTM 227.9m / Interest Expense TTM 158.8m) |
| A: -0.12 (Total Current Assets 251.4m - Total Current Liabilities 661.4m) / Total Assets 3.52b |
| B: -0.01 (Retained Earnings -26.4m / Total Assets 3.52b) |
| C: 0.06 (EBIT TTM 227.9m / Avg Total Assets 3.73b) |
| D: 0.42 (Book Value of Equity 1.04b / Total Liabilities 2.48b) |
| Altman-Z'' = 0.06 = B |
| DSRI: 1.17 (Receivables 11.9m/12.0m, Revenue 721.2m/851.5m) |
| GMI: 0.76 (GM 28.98% / 37.96%) |
| AQI: 3.99 (AQ_t 0.08 / AQ_t-1 0.02) |
| SGI: 0.85 (Revenue 721.2m / 851.5m) |
| TATA: -0.06 (NI 63.9m - CFO 263.8m) / TA 3.52b) |
| Beneish M = -1.45 (Cap -4..+1) = D |
As of September 27, 2026, the stock is trading at USD 12.78 with a total of 1,205,897 shares traded. Over the past week, the price has changed by -6.24%, over one month by +6.44%, over three months by +21.11% and over the past year by +80.77%.
Current recommended Stop Loss: 12.20 (which is 4.5% or 1.5 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 | 13.2 | 3.1% |
P/E Trailing = 57.2917
P/E Forward = 163.9344
P/S = 2.6766
P/B = 1.8094
P/EG = -1.57
Revenue TTM = 721.2m USD
EBIT TTM = 227.9m USD
EBITDA TTM = 455.1m USD
Long Term Debt = 1.81b USD (from longTermDebt, last quarter)
Short Term Debt = 575.5m USD (from shortTermDebt, last quarter)
Debt = 2.38b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.27b USD (calculated: Debt 2.38b - CCE 118.1m)
Enterprise Value = 4.17b USD (1.91b + Debt 2.38b - CCE 118.1m)
Interest Coverage Ratio = 1.43 (Ebit TTM 227.9m / Interest Expense TTM 158.8m)
EV/FCF = 19.16x (Enterprise Value 4.17b / FCF TTM 217.8m)
FCF Yield = 5.22% (FCF TTM 217.8m / Enterprise Value 4.17b)
FCF Margin = 30.19% (FCF TTM 217.8m / Revenue TTM 721.2m)
Net Margin = 8.85% (Net Income TTM 63.9m / Revenue TTM 721.2m)
Gross Margin = 37.96% ((Revenue TTM 721.2m - Cost of Revenue TTM 447.4m) / Revenue TTM)
Gross Margin QoQ = 35.94% (prev 30.06%)
Tobins Q-Ratio = 1.19 (Enterprise Value 4.17b / Total Assets 3.52b)
Interest Expense / Debt = 6.66% (Interest Expense 158.8m / Debt 2.38b)
Taxrate = 2.52% (1.65m / 65.5m)
NOPAT = 222.1m (EBIT 227.9m * (1 - 2.52%))
Current Ratio = 0.38 (Total Current Assets 251.4m / Total Current Liabilities 661.4m)
Debt / Equity = 2.30 (Debt 2.38b / totalStockholderEquity, last quarter 1.04b)
Debt / EBITDA = 4.98 (Net Debt 2.27b / EBITDA 455.1m)
Debt / FCF = 10.41 (Net Debt 2.27b / FCF TTM 217.8m)
Total Stockholder Equity = 988.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.71% (Net Income 63.9m / Total Assets 3.52b)
RoE = 6.46% (Net Income TTM 63.9m / Total Stockholder Equity 988.2m)
RoCE = 8.15% (EBIT 227.9m / Capital Employed (Equity 988.2m + L.T.Debt 1.81b))
RoIC = 6.54% (NOPAT 222.1m / Invested Capital 3.39b)
WACC = 6.66% (E(1.91b)/V(4.29b) * Re(6.87%) + D(2.38b)/V(4.29b) * Rd(6.66%) * (1-Tc(0.03)))
Discount Rate = 6.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.63 | Cagr: 3.00%
[DCF] Terminal Value 75.44% ; FCFF base≈217.8m ; Y1≈218.6m ; Y5≈231.6m
[DCF] Fair Price = 9.64 (EV 3.60b - Net Debt 2.27b = Equity 1.34b / Shares 138.7m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -74.87 | EPS CAGR: -43.42% | SUE: 2.54 | # QB: 2
Revenue Correlation: -27.65 | Revenue CAGR: -2.53% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.05 | Chg30d=N/A | Revisions=+25% | Analysts=4
EPS current Year (2026-12-31): EPS=0.30 | Chg30d=+32.98% | Revisions=+40% | GrowthEPS=+102.9% | GrowthRev=-1.2%
EPS next Year (2027-12-31): EPS=0.64 | Chg30d=+7.15% | Revisions=+40% | GrowthEPS=+110.6% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: +62% (up=5, down=0)