Latest Ratios: P/E Ratio 5.3x · EV/EBITDA 7.4x · ROE 12.5%. (2021–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Market Cap | $511M | $428M | $683M | — | — |
| Enterprise Value | $1.7B | $1.6B | $1.6B | — | — |
| P/E Ratio → | 5.31 | 4.37 | 3.91 | — | — |
| P/S Ratio | 1.59 | 1.33 | 1.89 | — | — |
| P/B Ratio | 0.68 | 0.56 | 0.85 | — | — |
| P/FCF | — | — | 273.83 | — | — |
| P/OCF | 3.50 | 2.93 | 3.43 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| EV / Revenue | — | 4.87 | 4.47 | — | — |
| EV / EBITDA | 7.41 | 7.04 | 6.21 | — | — |
| EV / EBIT | 10.16 | 9.65 | 6.28 | — | — |
| EV / FCF | — | — | 647.37 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Gross Margin | 76.0% | 76.0% | 62.3% | 55.6% | 42.2% |
| Operating Margin | 50.5% | 50.5% | 55.6% | 49.4% | 45.0% |
| Net Profit Margin | 30.4% | 30.4% | 48.4% | 38.2% | 13.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| ROE | 12.5% | 12.5% | 23.0% | 11.6% | 3.0% |
| ROA | 4.6% | 4.6% | 8.5% | 4.8% | 1.5% |
| ROIC | 6.7% | 6.7% | 8.7% | 5.3% | — |
| ROCE | 8.7% | 8.7% | 11.3% | 7.7% | 7.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Debt / Equity | 1.72 | 1.72 | 1.32 | 1.59 | 0.86 |
| Debt / EBITDA | 5.86 | 5.86 | 4.10 | 6.79 | 5.42 |
| Net Debt / Equity | — | 1.50 | 1.16 | 1.41 | 0.82 |
| Net Debt / EBITDA | 5.12 | 5.12 | 3.58 | 6.02 | 5.19 |
| Debt / FCF | — | — | 373.54 | — | 5.23 |
| Interest Coverage | 2.07 | 2.07 | 2.51 | 3.62 | 4.14 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Current Ratio | 0.73 | 0.73 | 0.53 | 0.52 | 0.17 |
| Quick Ratio | 0.71 | 0.71 | 0.51 | 0.52 | 0.07 |
| Cash Ratio | 0.68 | 0.68 | 0.46 | 0.46 | 0.06 |
| Asset Turnover | — | 0.14 | 0.18 | 0.11 | 0.11 |
| Inventory Turnover | 21.09 | 21.09 | 37.25 | 98.66 | 2.17 |
| Days Sales Outstanding | — | 6.65 | 11.52 | 9.54 | 1.74 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Dividend Yield | 14.2% | 17.3% | 12.8% | — | — |
| Payout Ratio | 75.5% | 75.5% | 50.1% | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Earnings Yield | 18.8% | 22.9% | 25.6% | — | — |
| FCF Yield | — | — | 0.4% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 14.2% | 17.3% | 12.8% | — | — |
| Shares Outstanding | — | $54M | $54M | $54M | $1M |
TFDE fleet obsolescence risk
According to current market data, CLCO trades at a P/E of 5.31, which appears to discount the company's long-term earnings potential relative to peers like FLNG, suggesting that investors are pricing in significant risk regarding the future competitiveness of the firm's aging TFDE vessel fleet.
The low P/E multiple relative to the broader sector indicates that the market is skeptical of the company's ability to sustain current dividend yields as legacy contracts expire. This valuation gap warrants caution, as it may reflect a market consensus that the company's earnings power is structurally declining rather than merely cyclical.
As reported in financial statements, the company's ROIC has compressed to 1.2% in 2025Q3, a notable decline from the 2.6% observed in 2023Q4, suggesting that the firm is struggling to generate adequate returns on its invested capital base within the current marine shipping environment.
The persistent decay in ROIC implies that the company's capital allocation is failing to keep pace with the rising costs of maintaining an older fleet. Investors should monitor whether management can improve these returns through operational efficiencies or if the current asset base is becoming a drag on shareholder value.
Based on recent quarterly filings, the company's cash conversion cycle has exhibited extreme volatility, swinging from -1203 days in 2024Q3 to -14 days in 2025Q2, which suggests that the firm's working capital management is highly sensitive to the timing of charter payments and maintenance-related cash outflows.
This erratic behavior in working capital metrics makes it difficult to assess the underlying efficiency of the business model. The lack of stability in these figures suggests that the company's operational leverage is highly dependent on the specific terms of its charter agreements rather than consistent internal processes.
According to the latest balance sheet data, the company maintains a D/E ratio of 1.74, which remains relatively low compared to industry peers, providing a significant buffer against interest rate volatility despite the ongoing pressure on the firm's net margins and overall cash flow generation.
While the low leverage profile is a defensive strength, it may also indicate a lack of aggressive growth investment that could be necessary to modernize the fleet. The company's ability to service its debt appears comfortable, but this should not be mistaken for operational success in a challenging market.
As reported in financial statements, the 14.2% dividend yield is frequently cited by market participants as a primary investment thesis, yet this metric obscures the underlying deterioration in free cash flow margins, which have turned negative in recent periods, potentially threatening the sustainability of future payouts.
Investors should prioritize FCF-based payout ratios over headline dividend yields to better understand the company's true capacity to return capital. Relying on the yield alone ignores the reality that the firm may be funding distributions from its balance sheet rather than from sustainable operational earnings.
Includes 30+ ratios · 4 years · Updated daily
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10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CLCO stock.
Cool Company Ltd.'s current P/E ratio is 5.3x. The historical average is 4.1x. This places it at the 100th percentile of its historical range.
Cool Company Ltd.'s current EV/EBITDA is 7.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.6x.
Cool Company Ltd.'s return on equity (ROE) is 12.5%. The historical average is 12.5%.
Based on historical data, Cool Company Ltd. is trading at a P/E of 5.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Cool Company Ltd.'s current dividend yield is 14.24% with a payout ratio of 75.5%.
Cool Company Ltd. has 76.0% gross margin and 50.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Cool Company Ltd.'s Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.