# SFL Corporation Ltd (SFL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Marine. Price $12.86, market value $1.8 billion.

## Valuation
- **P/E (trailing): 53.6×** (5-yr avg 8.0×, 3-yr avg 11.6×). SFL Corporation Ltd trades at 53.6× trailing earnings, well above its own five-year average of 8.0×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 20.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.2×**. Enterprise value is 9.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 12.2%**. Free cash flow equals 12.2% of the market value. Above 5% is generally attractive.
- **Earnings yield: 1.9%**. The inverse of the P/E: 1.9% of the price is earned each year.

## Profitability
- **Gross margin: 29.3%**. SFL Corporation Ltd keeps 29.3% of revenue after the direct cost of what it sells.
- **Operating margin: 28.3%**. 28.3% of revenue is left after running the business, an exceptional level.
- **Net margin: -3.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -2.8%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 5.8%**. Return on all capital, debt included, is 5.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.8%**. Each dollar of assets produces 1.8% of profit.

## Growth
- **Revenue growth (1 yr): -18.9%** (3-yr 3.0%/yr, 5-yr 9.2%/yr). Revenue fell 18.9% over the last year, against 9.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -119.8%**. Earnings per share fell 119.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 2.67**. Debt is 2.67 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 5.3×**. It would take 5.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 1.2×**. Operating profit covers interest only 1.2×: fragile.
- **Altman Z-score: 1.09**. A Z-score of 1.09 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 6.84%** ($0.84 per share, trailing). SFL Corporation Ltd yields 6.84%, high enough to check carefully: yields this high often precede a cut.
- **Dividend growth (5 yr): -1.2%/yr** (1-yr -12.1%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (4 analysts). 4 analysts cover SFL Corporation Ltd; the consensus is buy, with an average price target of $12.38 (-4% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 64.4%** (YTD 71.0%, 3-mo 17.3%). The shares are up 64.4% over twelve months including dividends.
- **From 52-week high: -0.6%** (91.1% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 0.42** (volatility 29%). Beta of 0.42 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SFL · Page: https://foliofundamentals.com/stocks/sfl

Not investment advice.