BW LPG LTD (BWLPG.OL) Stock Fundamental Analysis
OSL:BWLPG - Euronext Oslo - SGXZ69436764 - Common Stock - Currency: NOK
BWLPG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 61 industry peers in the Oil, Gas & Consumable Fuels industry. While BWLPG is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
Each year in the past 5 years BWLPG had a positive operating cash flow.
1.2 Ratios
BWLPG has a Return On Assets of 7.71%. This is in the better half of the industry: BWLPG outperforms 70.49% of its industry peers.
Looking at the Return On Equity, with a value of 14.54%, BWLPG is in the better half of the industry, outperforming 62.30% of the companies in the same industry.
The Return On Invested Capital of BWLPG (8.98%) is better than 68.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BWLPG is in line with the industry average of 14.55%.
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 on the low side compared to the rest of the industry. BWLPG is outperformed by 60.66% of its industry peers.
BWLPG's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.52%, BWLPG is doing worse than 80.33% of the companies in the same industry.
BWLPG's Operating Margin has declined in the last couple of years.
BWLPG has a worse Gross Margin (21.47%) than 81.97% 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.
Compared to 1 year ago, BWLPG has more shares outstanding
Compared to 5 years ago, BWLPG has more shares outstanding
BWLPG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.62 indicates that BWLPG is not a great score, but indicates only limited risk for bankruptcy at the moment.
BWLPG has a better Altman-Z score (2.62) than 67.21% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that BWLPG is not too dependend on debt financing.
BWLPG's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. BWLPG outperforms 47.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.62 |
ROIC/WACC1.03
WACC8.7%
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.
Looking at the Current ratio, with a value of 1.22, BWLPG is doing worse than 67.21% of the companies in the same 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 doing worse than 60.66% 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 -52.14%.
Measured over the past years, BWLPG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.23% on average per year.
Looking at the last year, BWLPG shows a quite strong growth in Revenue. The Revenue has grown by 9.53% in the last year.
BWLPG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 34.25% yearly.
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
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
With a Price/Earnings ratio of 7.39, the valuation of BWLPG can be described as very cheap.
80.33% of the companies in the same industry are more expensive than BWLPG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.34. BWLPG is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.14, the valuation of BWLPG can be described as very cheap.
BWLPG's Price/Forward Earnings ratio is rather cheap when compared to the industry. BWLPG is cheaper than 88.52% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, BWLPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.39 | ||
| Fwd PE | 6.14 |
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 | 5.19 |
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)0.72
EPS Next 2Y-10.17%
EPS Next 3Y-14%
5. Dividend
5.1 Amount
BWLPG has a Yearly Dividend Yield of 22.60%, which is a nice return.
BWLPG's Dividend Yield is rather good when compared to the industry average which is at 57.35. BWLPG pays more dividend than 96.72% of the companies in the same industry.
BWLPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22.6% |
5.2 History
The dividend of BWLPG is nicely growing with an annual growth rate of 44.99%!
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.
The Dividend Rate of BWLPG has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP129.12%
EPS Next 2Y-10.17%
EPS Next 3Y-14%
OSL:BWLPG (6/19/2025, 4:19:49 PM)
123.45
+1.55 (+1.27%)
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 Cap19.66B
Analysts82.67
Price Target145.9 (18.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22.6% |
Yearly Dividend27.33
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)-4.77%
PT rev (3m)-17.34%
EPS NQ rev (1m)-39.8%
EPS NQ rev (3m)-32.96%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.73%
Revenue NQ rev (1m)-8.65%
Revenue NQ rev (3m)-3.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.39 | ||
| Fwd PE | 6.14 | ||
| P/S | 0.58 | ||
| P/FCF | N/A | ||
| P/OCF | 3.88 | ||
| P/B | 1.11 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 5.19 |
EPS(TTM)16.7
EY13.53%
EPS(NY)20.11
Fwd EY16.29%
FCF(TTM)-10.38
FCFYN/A
OCF(TTM)31.83
OCFY25.78%
SpS211.47
BVpS111.01
TBVpS110.98
PEG (NY)N/A
PEG (5Y)0.72
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 | 2.62 |
F-Score3
WACC8.7%
ROIC/WACC1.03
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%