FLNG vs. NEP
Compare and contrast key facts about FLEX LNG Ltd (FLNG) and NextEra Energy Partners, LP (NEP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNG or NEP.
Key characteristics
| FLNG | NEP | |
|---|---|---|
| YTD Return | -4.01% | -36.92% |
| 1Y Return | -8.89% | -21.32% |
| 3Y Return (Ann) | 18.61% | -37.06% |
| 5Y Return (Ann) | 34.48% | -15.12% |
| Sharpe Ratio | -0.34 | -0.33 |
| Sortino Ratio | -0.33 | -0.16 |
| Omega Ratio | 0.96 | 0.98 |
| Calmar Ratio | -0.31 | -0.20 |
| Martin Ratio | -0.73 | -0.87 |
| Ulcer Index | 11.05% | 17.95% |
| Daily Std Dev | 23.28% | 47.95% |
| Max Drawdown | -71.94% | -76.46% |
| Current Drawdown | -17.55% | -75.49% |
Fundamentals
| FLNG | NEP | |
|---|---|---|
| Market Cap | $1.34B | $1.50B |
| EPS | $2.29 | $0.61 |
| PE Ratio | 10.84 | 26.23 |
| Total Revenue (TTM) | $272.17M | $1.15B |
| Gross Profit (TTM) | $161.52M | $223.00M |
| EBITDA (TTM) | $210.37M | $722.00M |
Correlation
The correlation between FLNG and NEP is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLNG vs. NEP - Performance Comparison
In the year-to-date period, FLNG achieves a -4.01% return, which is significantly higher than NEP's -36.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FLNG vs. NEP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and NextEra Energy Partners, LP (NEP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FLNG vs. NEP - Dividend Comparison
FLNG's dividend yield for the trailing twelve months is around 12.18%, less than NEP's 21.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 12.18% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEP NextEra Energy Partners, LP | 21.58% | 11.11% | 4.27% | 3.08% | 3.38% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% |
Drawdowns
FLNG vs. NEP - Drawdown Comparison
The maximum FLNG drawdown since its inception was -71.94%, smaller than the maximum NEP drawdown of -76.46%. Use the drawdown chart below to compare losses from any high point for FLNG and NEP. For additional features, visit the drawdowns tool.
Volatility
FLNG vs. NEP - Volatility Comparison
The current volatility for FLEX LNG Ltd (FLNG) is 9.05%, while NextEra Energy Partners, LP (NEP) has a volatility of 22.55%. This indicates that FLNG experiences smaller price fluctuations and is considered to be less risky than NEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
FLNG vs. NEP - Financials Comparison
This section allows you to compare key financial metrics between FLEX LNG Ltd and NextEra Energy Partners, LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities