SFL Stock Analysis: SFL | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.869m USD | 12M Return: 92.2% | BMG7738W1064 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.5M
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 charters vessels and offshore assets to operators on medium and long-term contracts. Its diversified portfolio spans tankers, dry bulk carriers, container vessels, car carriers, and drilling rigs, with operations spanning multiple international jurisdictions. The company was incorporated in 2003 and rebranded from Ship Finance International Limited to SFL Corporation Ltd. in September 2019.
As an asset-owning and chartering company, SFL leases its vessels to third-party operators rather than operating them directly, a model that typically generates more predictable cash flows than spot-market shipping. The company is classified under the GICS Energy sector within the Oil & Gas Storage & Transportation sub-industry, reflecting its significant exposure to oil transport via tankers alongside its other shipping segments.
- Tanker segment revenue exposed to global oil demand swings
- Drilling rig day rates pressured by offshore E&P capex cuts
- Dividend coverage relies on vessel divestiture gains and charter renewals
| 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 October 06, 2026, the stock is trading at USD 13.50 with a total of 1,208,213 shares traded. Over the past week, the price has changed by +5.22%, over one month by +9.14%, over three months by +25.71% and over the past year by +92.21%.
Current recommended Stop Loss: 12.40 (which is 8.1% or 2.7 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 | -2.4% |
P/E Trailing = 53.92
P/E Forward = 163.9344
P/S = 2.6241
P/B = 1.7036
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 = 4.14b USD (1.87b + Debt 2.38b - CCE 118.1m)
Interest Coverage Ratio = 1.43 (Ebit TTM 227.9m / Interest Expense TTM 158.8m)
EV/FCF = 18.99x (Enterprise Value 4.14b / FCF TTM 217.8m)
FCF Yield = 5.27% (FCF TTM 217.8m / Enterprise Value 4.14b)
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 = 1.18 (Enterprise Value 4.14b / 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 = 6.67% (E(1.87b)/V(4.25b) * Re(6.90%) + D(2.38b)/V(4.25b) * Rd(6.66%) * (1-Tc(0.03)))
Discount Rate = 6.90% (= 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=0.35 | Chg30d=+52.75% | Revisions=+40% | GrowthEPS=+138.3% | GrowthRev=-3.9%
EPS next Year (2027-12-31): EPS=0.64 | Chg30d=+5.38% | Revisions=+40% | GrowthEPS=+79.4% | GrowthRev=+8.1%
[Analyst] Revisions Ratio: +62% (up=5, down=0)