SFL Valuation: DDM Analysis Suggests Fair Value of $11.07

SFL's recent 42.6% one-year rally has raised questions about its valuation. The company's diversified fleet and charter profile, along with its contract pipeline and asset values, have contributed to its market reaction. Using a Dividend Discount Model, SFL is found to be fairly valued at its current price of $10.59, with a small gap of 4.3% compared to its intrinsic value of $11.07.