BW LPG LTD (BWLPG.OL) Stock Fundamental Analysis
Europe - OSL:BWLPG - SGXZ69436764 - Common Stock
139.4 NOK
+0.1 (+0.07%)
Taking everything into account, BWLPG scores 5 out of 10 in our fundamental rating. BWLPG was compared to 62 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of BWLPG while its profitability can be described as average. BWLPG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BWLPG was profitable.
BWLPG had a positive operating cash flow in the past year.
In the past 5 years BWLPG has always been profitable.
BWLPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BWLPG has a better Return On Assets (7.71%) than 77.42% of its industry peers.
BWLPG has a Return On Equity of 14.54%. This is in the better half of the industry: BWLPG outperforms 72.58% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.98%, BWLPG is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BWLPG is above the industry average of 9.92%.
The last Return On Invested Capital (8.98%) for BWLPG is well below the 3 year average (13.62%), which needs to be investigated, but indicates that BWLPG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.71% | ||
| ROE | 14.54% | ||
| ROIC | 8.98% |
ROA(3y)12.73%
ROA(5y)11.22%
ROE(3y)22.33%
ROE(5y)19.99%
ROIC(3y)13.62%
ROIC(5y)11.15%
1.3 Margins
The Profit Margin of BWLPG (7.63%) is comparable to the rest of the industry.
BWLPG's Profit Margin has declined in the last couple of years.
BWLPG has a Operating Margin of 9.52%. This is in the lower half of the industry: BWLPG underperforms 70.97% of its industry peers.
BWLPG's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 21.47%, BWLPG is doing worse than 80.65% of the companies in the same industry.
In the last couple of years the Gross Margin of BWLPG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.52% | ||
| PM (TTM) | 7.63% | ||
| GM | 21.47% |
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%
2. Health
2.1 Basic Checks
BWLPG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BWLPG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BWLPG has been increased compared to 5 years ago.
BWLPG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.72 indicates that BWLPG is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BWLPG (2.72) is better than 74.19% of its industry peers.
BWLPG has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
BWLPG has a Debt to Equity ratio (0.48) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.72 |
ROIC/WACC1.06
WACC8.5%
2.3 Liquidity
BWLPG has a Current Ratio of 1.22. This is a normal value and indicates that BWLPG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BWLPG (1.22) is comparable to the rest of the industry.
A Quick Ratio of 1.06 indicates that BWLPG should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.06, BWLPG is in line with its industry, outperforming 46.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
BWLPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.84%.
The Earnings Per Share has been growing by 10.23% on average over the past years. This is quite good.
The Revenue has grown by 20.91% in the past year. This is a very strong growth!
The Revenue has been growing by 34.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-61.84%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-59.31%
Revenue 1Y (TTM)20.91%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
3.2 Future
Based on estimates for the next years, BWLPG will show a decrease in Earnings Per Share. The EPS will decrease by -7.43% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
BWLPG is valuated reasonably with a Price/Earnings ratio of 10.50.
BWLPG's Price/Earnings ratio is a bit cheaper when compared to the industry. BWLPG is cheaper than 66.13% of the companies in the same industry.
When comparing the Price/Earnings ratio of BWLPG to the average of the S&P500 Index (27.86), we can say BWLPG is valued rather cheaply.
The Price/Forward Earnings ratio is 6.42, which indicates a rather cheap valuation of BWLPG.
Based on the Price/Forward Earnings ratio, BWLPG is valued cheaply inside the industry as 87.10% of the companies are valued more expensively.
BWLPG is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 6.42 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BWLPG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.7 |
4.3 Compensation for Growth
BWLPG'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)1.03
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
5. Dividend
5.1 Amount
BWLPG has a Yearly Dividend Yield of 12.91%, which is a nice return.
Compared to an average industry Dividend Yield of 58.63, BWLPG pays a better dividend. On top of this BWLPG pays more dividend than 95.16% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, BWLPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.91% |
5.2 History
On average, the dividend of BWLPG grows each year by 44.99%, which is quite nice.
Dividend Growth(5Y)44.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BWLPG pays out 129.12% of its income as dividend. This is not a sustainable payout ratio.
BWLPG's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP129.12%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
OSL:BWLPG (10/3/2025, 7:00:00 PM)
139.4
+0.1 (+0.07%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.74%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap22.20B
Analysts86.67
Price Target172.08 (23.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.91% |
Yearly Dividend27.35
Dividend Growth(5Y)44.99%
DP129.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-45.23%
Min EPS beat(2)-69.61%
Max EPS beat(2)-20.84%
EPS beat(4)2
Avg EPS beat(4)14.74%
Min EPS beat(4)-69.61%
Max EPS beat(4)124.66%
EPS beat(8)3
Avg EPS beat(8)6.2%
EPS beat(12)5
Avg EPS beat(12)3.05%
EPS beat(16)7
Avg EPS beat(16)0.02%
Revenue beat(2)0
Avg Revenue beat(2)-1.26%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)-0.28%
Revenue beat(4)0
Avg Revenue beat(4)-6.64%
Min Revenue beat(4)-13.15%
Max Revenue beat(4)-0.28%
Revenue beat(8)1
Avg Revenue beat(8)-0.02%
Revenue beat(12)4
Avg Revenue beat(12)58.3%
Revenue beat(16)8
Avg Revenue beat(16)85.69%
PT rev (1m)18.08%
PT rev (3m)17.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.7%
EPS NY rev (1m)11.9%
EPS NY rev (3m)-1.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)5.2%
Revenue NY rev (3m)8.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 6.42 | ||
| P/S | 0.66 | ||
| P/FCF | N/A | ||
| P/OCF | 4.38 | ||
| P/B | 1.26 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 5.7 |
EPS(TTM)13.28
EY9.53%
EPS(NY)21.7
Fwd EY15.57%
FCF(TTM)-10.39
FCFYN/A
OCF(TTM)31.84
OCFY22.84%
SpS211.59
BVpS111.07
TBVpS111.04
PEG (NY)N/A
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.71% | ||
| ROE | 14.54% | ||
| ROCE | 11.66% | ||
| ROIC | 8.98% | ||
| ROICexc | 10% | ||
| ROICexgc | 10.01% | ||
| OM | 9.52% | ||
| PM (TTM) | 7.63% | ||
| GM | 21.47% | ||
| FCFM | N/A |
ROA(3y)12.73%
ROA(5y)11.22%
ROE(3y)22.33%
ROE(5y)19.99%
ROIC(3y)13.62%
ROIC(5y)11.15%
ROICexc(3y)15.71%
ROICexc(5y)12.59%
ROICexgc(3y)15.72%
ROICexgc(5y)12.6%
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-Score3
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 312.19% | ||
| Cap/Sales | 19.96% | ||
| Interest Coverage | 11.57 | ||
| Cash Conversion | 94.59% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.72 |
F-Score3
WACC8.5%
ROIC/WACC1.06
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)20.91%
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-35.13%
EBIT growth 3Y35.88%
EBIT growth 5Y7.9%
EBIT Next Year50.95%
EBIT Next 3Y15.33%
EBIT Next 5YN/A
FCF growth 1Y-139.68%
FCF growth 3Y7.12%
FCF growth 5Y-13.99%
OCF growth 1Y10.31%
OCF growth 3Y34.59%
OCF growth 5Y18.38%