BW LPG LTD (BWLP) Stock Fundamental Analysis
USA - NYSE:BWLP - SGXZ69436764 - Common Stock
12.65 USD
+0.14 (+1.12%)
12.65 USD
0 (0%)
Taking everything into account, BWLP scores 4 out of 10 in our fundamental rating. BWLP was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. BWLP has only an average score on both its financial health and profitability. BWLP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BWLP had positive earnings in the past year.
In the past year BWLP had a positive cash flow from operations.
Each year in the past 5 years BWLP has been profitable.
BWLP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.40%, BWLP is in the better half of the industry, outperforming 71.56% of the companies in the same industry.
The Return On Equity of BWLP (12.26%) is better than 67.77% of its industry peers.
The Return On Invested Capital of BWLP (8.40%) is better than 73.46% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BWLP is significantly below the industry average of 21.53%.
The 3 year average ROIC (13.98%) for BWLP is well above the current ROIC(8.40%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 12.26% | ||
| ROIC | 8.4% |
ROA(3y)12.73%
ROA(5y)11.22%
ROE(3y)22.33%
ROE(5y)19.99%
ROIC(3y)13.98%
ROIC(5y)11.44%
1.3 Margins
BWLP has a Profit Margin of 6.09%. This is comparable to the rest of the industry: BWLP outperforms 46.92% of its industry peers.
BWLP's Profit Margin has declined in the last couple of years.
The Operating Margin of BWLP (8.26%) is worse than 63.51% of its industry peers.
In the last couple of years the Operating Margin of BWLP has declined.
Looking at the Gross Margin, with a value of 20.40%, BWLP is doing worse than 65.40% of the companies in the same industry.
In the last couple of years the Gross Margin of BWLP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.26% | ||
| PM (TTM) | 6.09% | ||
| GM | 20.4% |
OM growth 3Y-4.39%
OM growth 5Y-19.63%
PM growth 3Y-12.6%
PM growth 5Y-21.57%
GM growth 3Y-15.89%
GM growth 5Y-19.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BWLP is creating value.
Compared to 1 year ago, BWLP has more shares outstanding
The number of shares outstanding for BWLP has been increased compared to 5 years ago.
BWLP has a worse debt/assets ratio than last year.
2.2 Solvency
BWLP has an Altman-Z score of 2.63. This is not the best score and indicates that BWLP is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.63, BWLP is in the better half of the industry, outperforming 75.83% of the companies in the same industry.
BWLP has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BWLP (0.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.63 |
ROIC/WACC1.14
WACC7.38%
2.3 Liquidity
A Current Ratio of 1.27 indicates that BWLP should not have too much problems paying its short term obligations.
BWLP's Current ratio of 1.27 is in line compared to the rest of the industry. BWLP outperforms 57.82% of its industry peers.
BWLP has a Quick Ratio of 1.22. This is a normal value and indicates that BWLP is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.22, BWLP is doing good in the industry, outperforming 62.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
The earnings per share for BWLP have decreased strongly by -61.84% in the last year.
Measured over the past years, BWLP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.23% on average per year.
BWLP shows a small growth in Revenue. In the last year, the Revenue has grown by 1.27%.
BWLP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 34.25% yearly.
EPS 1Y (TTM)-61.84%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-59.31%
Revenue 1Y (TTM)1.27%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
3.2 Future
BWLP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.43% yearly.
The Revenue is expected to grow by 0.78% on average over the next years.
EPS Next Y-32.4%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
EPS Next 5YN/A
Revenue Next Year5.79%
Revenue Next 2Y4.63%
Revenue Next 3Y0.78%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.44, the valuation of BWLP can be described as reasonable.
BWLP's Price/Earnings ratio is a bit cheaper when compared to the industry. BWLP is cheaper than 77.73% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.02, BWLP is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.80, the valuation of BWLP can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWLP indicates a rather cheap valuation: BWLP is cheaper than 90.05% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.57. BWLP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 5.8 |
4.2 Price Multiples
BWLP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BWLP is cheaper than 72.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.33 |
4.3 Compensation for Growth
BWLP's earnings are expected to decrease with -7.43% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.92
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
5. Dividend
5.1 Amount
BWLP has a Yearly Dividend Yield of 13.67%, which is a nice return.
Compared to an average industry Dividend Yield of 6.15, BWLP pays a better dividend. On top of this BWLP pays more dividend than 96.21% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, BWLP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.67% |
5.2 History
On average, the dividend of BWLP grows each year by 44.99%, which is quite nice.
BWLP has been paying a dividend for over 5 years, so it has already some track record.
BWLP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)44.99%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BWLP pays out 112.83% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of BWLP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP112.83%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
12.65
+0.14 (+1.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.74%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap2.01B
Analysts86.67
Price Target16.98 (34.23%)
Short Float %1.87%
Short Ratio4.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.67% |
Yearly Dividend2.75
Dividend Growth(5Y)44.99%
DP112.83%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-34%
Min EPS beat(2)-69.61%
Max EPS beat(2)1.61%
EPS beat(4)2
Avg EPS beat(4)8.95%
Min EPS beat(4)-69.61%
Max EPS beat(4)124.66%
EPS beat(8)4
Avg EPS beat(8)8.79%
EPS beat(12)6
Avg EPS beat(12)5.93%
EPS beat(16)8
Avg EPS beat(16)4.15%
Revenue beat(2)0
Avg Revenue beat(2)-3.17%
Min Revenue beat(2)-6.06%
Max Revenue beat(2)-0.28%
Revenue beat(4)0
Avg Revenue beat(4)-4.87%
Min Revenue beat(4)-10.91%
Max Revenue beat(4)-0.28%
Revenue beat(8)1
Avg Revenue beat(8)0.65%
Revenue beat(12)3
Avg Revenue beat(12)43.59%
Revenue beat(16)7
Avg Revenue beat(16)83.52%
PT rev (1m)18.11%
PT rev (3m)15.74%
EPS NQ rev (1m)-1.52%
EPS NQ rev (3m)36.94%
EPS NY rev (1m)11.9%
EPS NY rev (3m)-1.16%
Revenue NQ rev (1m)-0.55%
Revenue NQ rev (3m)11.88%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)8.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 5.8 | ||
| P/S | 0.57 | ||
| P/FCF | N/A | ||
| P/OCF | 3.65 | ||
| P/B | 1.14 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 5.33 |
EPS(TTM)1.34
EY10.59%
EPS(NY)2.18
Fwd EY17.24%
FCF(TTM)-1.29
FCFYN/A
OCF(TTM)3.46
OCFY27.38%
SpS22.32
BVpS11.09
TBVpS11.09
PEG (NY)N/A
PEG (5Y)0.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 12.26% | ||
| ROCE | 10.63% | ||
| ROIC | 8.4% | ||
| ROICexc | 9.51% | ||
| ROICexgc | 9.51% | ||
| OM | 8.26% | ||
| PM (TTM) | 6.09% | ||
| GM | 20.4% | ||
| FCFM | N/A |
ROA(3y)12.73%
ROA(5y)11.22%
ROE(3y)22.33%
ROE(5y)19.99%
ROIC(3y)13.98%
ROIC(5y)11.44%
ROICexc(3y)16.11%
ROICexc(5y)12.91%
ROICexgc(3y)16.13%
ROICexgc(5y)12.92%
ROCE(3y)17.69%
ROCE(5y)14.48%
ROICexcg growth 3Y27.54%
ROICexcg growth 5Y5.47%
ROICexc growth 3Y27.57%
ROICexc growth 5Y5.47%
OM growth 3Y-4.39%
OM growth 5Y-19.63%
PM growth 3Y-12.6%
PM growth 5Y-21.57%
GM growth 3Y-15.89%
GM growth 5Y-19.86%
F-Score4
Asset Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.62 | ||
| Cap/Depr | 326.33% | ||
| Cap/Sales | 21.32% | ||
| Interest Coverage | 8.25 | ||
| Cash Conversion | 104.88% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.63 |
F-Score4
WACC7.38%
ROIC/WACC1.14
Cap/Depr(3y)126.82%
Cap/Depr(5y)106.45%
Cap/Sales(3y)7.94%
Cap/Sales(5y)8.92%
Profit Quality(3y)109.24%
Profit Quality(5y)107.35%
High Growth Momentum
Growth
EPS 1Y (TTM)-61.84%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-59.31%
EPS Next Y-32.4%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
EPS Next 5YN/A
Revenue 1Y (TTM)1.27%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
Revenue Next Year5.79%
Revenue Next 2Y4.63%
Revenue Next 3Y0.78%
Revenue Next 5YN/A
EBIT growth 1Y-44.82%
EBIT growth 3Y35.88%
EBIT growth 5Y7.9%
EBIT Next Year50.95%
EBIT Next 3Y15.33%
EBIT Next 5YN/A
FCF growth 1Y-138.31%
FCF growth 3Y7.12%
FCF growth 5Y-13.99%
OCF growth 1Y-11.79%
OCF growth 3Y34.59%
OCF growth 5Y18.38%