BW LPG LTD (BWLPG.OL) Stock Fundamental Analysis
OSL:BWLPG - Euronext Oslo - SGXZ69436764 - Common Stock - Currency: NOK
We assign a fundamental rating of 4 out of 10 to BWLPG. BWLPG was compared to 58 industry peers in the Oil, Gas & Consumable Fuels industry. BWLPG has a medium profitability rating, but doesn't score so well on its financial health evaluation. BWLPG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BWLPG was profitable.
BWLPG had a positive operating cash flow in the past year.
BWLPG had positive earnings in each of the past 5 years.
BWLPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BWLPG (7.71%) is better than 72.41% of its industry peers.
BWLPG's Return On Equity of 14.54% is fine compared to the rest of the industry. BWLPG outperforms 65.52% of its industry peers.
With a decent Return On Invested Capital value of 8.98%, BWLPG is doing good in the industry, outperforming 70.69% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BWLPG is in line with the industry average of 13.83%.
The 3 year average ROIC (13.62%) for BWLPG is well above the current ROIC(8.98%). The reason for the recent decline needs to be investigated.
| 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
BWLPG's Profit Margin of 7.63% is in line compared to the rest of the industry. BWLPG outperforms 46.55% of its industry peers.
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 74.14% of its industry peers.
BWLPG's Operating Margin has declined in the last couple of years.
BWLPG's Gross Margin of 21.47% is on the low side compared to the rest of the industry. BWLPG is outperformed by 79.31% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BWLPG is still creating some value.
BWLPG has more shares outstanding than it did 1 year ago.
BWLPG has more shares outstanding than it did 5 years ago.
BWLPG has a worse debt/assets ratio than last year.
2.2 Solvency
BWLPG has an Altman-Z score of 2.69. This is not the best score and indicates that BWLPG is in the grey zone with still only limited risk for bankruptcy at the moment.
BWLPG has a Altman-Z score of 2.69. This is in the better half of the industry: BWLPG outperforms 74.14% 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.
Looking at the Debt to Equity ratio, with a value of 0.48, BWLPG is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.69 |
ROIC/WACC0.98
WACC9.13%
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.
BWLPG has a worse Current ratio (1.22) than 68.97% of its industry peers.
BWLPG has a Quick Ratio of 1.06. This is a normal value and indicates that BWLPG is financially healthy and should not expect problems in meeting its short term obligations.
BWLPG has a Quick ratio of 1.06. This is in the lower half of the industry: BWLPG underperforms 63.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for BWLPG have decreased strongly by -52.14% in the last year.
The Earnings Per Share has been growing by 10.23% on average over the past years. This is quite good.
Looking at the last year, BWLPG shows a quite strong growth in Revenue. The Revenue has grown by 9.53% in the last year.
Measured over the past years, BWLPG shows a very strong growth in Revenue. The Revenue has been growing by 34.25% on average per year.
EPS 1Y (TTM)-52.14%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-90.28%
Revenue 1Y (TTM)9.53%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%-46.41%
3.2 Future
Based on estimates for the next years, BWLPG will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.00% on average per year.
BWLPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.78% yearly.
EPS Next Y-31.6%
EPS Next 2Y-10.17%
EPS Next 3Y-14%
EPS Next 5YN/A
Revenue Next Year-2.75%
Revenue Next 2Y-0.38%
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
The Price/Earnings ratio is 7.83, which indicates a rather cheap valuation of BWLPG.
Compared to the rest of the industry, the Price/Earnings ratio of BWLPG indicates a somewhat cheap valuation: BWLPG is cheaper than 79.31% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BWLPG to the average of the S&P500 Index (26.82), we can say BWLPG is valued rather cheaply.
BWLPG is valuated cheaply with a Price/Forward Earnings ratio of 6.50.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWLPG indicates a rather cheap valuation: BWLPG is cheaper than 84.48% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, BWLPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.83 | ||
| Fwd PE | 6.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BWLPG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.55 |
4.3 Compensation for Growth
A cheap valuation may be justified as BWLPG's earnings are expected to decrease with -14.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.77
EPS Next 2Y-10.17%
EPS Next 3Y-14%
5. Dividend
5.1 Amount
BWLPG has a Yearly Dividend Yield of 12.74%, which is a nice return.
BWLPG's Dividend Yield is rather good when compared to the industry average which is at 65.93. BWLPG pays more dividend than 89.66% of the companies in the same industry.
BWLPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.74% |
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
129.12% of the earnings are spent on dividend by BWLPG. 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-10.17%
EPS Next 3Y-14%
OSL:BWLPG (8/1/2025, 4:19:50 PM)
135.2
-3.7 (-2.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.22%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap21.53B
Analysts82.67
Price Target145.73 (7.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.74% |
Yearly Dividend27.9
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)-0.12%
PT rev (3m)-15.15%
EPS NQ rev (1m)33.35%
EPS NQ rev (3m)-19.73%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.67%
Revenue NQ rev (3m)-9.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.83 | ||
| Fwd PE | 6.5 | ||
| P/S | 0.62 | ||
| P/FCF | N/A | ||
| P/OCF | 4.11 | ||
| P/B | 1.18 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 5.55 |
EPS(TTM)17.27
EY12.77%
EPS(NY)20.8
Fwd EY15.39%
FCF(TTM)-10.74
FCFYN/A
OCF(TTM)32.92
OCFY24.35%
SpS218.76
BVpS114.84
TBVpS114.81
PEG (NY)N/A
PEG (5Y)0.77
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 | 2.69 |
F-Score3
WACC9.13%
ROIC/WACC0.98
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)-52.14%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-90.28%
EPS Next Y-31.6%
EPS Next 2Y-10.17%
EPS Next 3Y-14%
EPS Next 5YN/A
Revenue 1Y (TTM)9.53%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%-46.41%
Revenue Next Year-2.75%
Revenue Next 2Y-0.38%
Revenue Next 3Y0.78%
Revenue Next 5YN/A
EBIT growth 1Y-35.13%
EBIT growth 3Y35.88%
EBIT growth 5Y7.9%
EBIT Next Year34.61%
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%