SFLSFL Corp Ltd.
Deep Sea Foreign Transportation Of Freight
- Revenue
- $733M
- 19% YoY
- Operating margin
- 18.6%
- 45% YoY
- EBITDA
- $372M
- 32% YoY
- Market cap
- $1.9B
- Employees
- —
- Net debt / EBITDA
- 6.2×
- $2.3B net debt
- AI in 10-K
- —
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo51% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo—Any vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo—Bottom quartile of AI mentions in 10-Ks
- Net cashNo6.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$1.9B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$0 netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $513M | $670M | $752M | $904M | $733M | 19% |
| Operating income | $243M | $275M | $240M | $307M | $137M | 55% |
| Net income | $164M | $203M | $84M | $131M | −$26M | 120% |
| Operating cash flow | $294M | $355M | $343M | $370M | $267M | 28% |
| Buybacks | $0 | $0 | $10M | — | $10M | |
| Dividends | $78M | $112M | $123M | $138M | $125M | 9.7% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Jul 30, 2024 | HEMEN HOLDING LTD | SC 13D/A | 17.7% | Passive |
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.