BW LPG LTD (BWLPG.OL) Stock Fundamental Analysis

OSL:BWLPG • SGXZ69436764

158.9 NOK
+0.1 (+0.06%)
Last: Feb 13, 2026, 07:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to BWLPG. BWLPG was compared to 74 industry peers in the Oil, Gas & Consumable Fuels industry. BWLPG has only an average score on both its financial health and profitability. BWLPG has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • BWLPG had positive earnings in the past year.
  • BWLPG had a positive operating cash flow in the past year.
  • In the past 5 years BWLPG has always been profitable.
  • In the past 5 years BWLPG always reported a positive cash flow from operatings.
BWLPG.OL Yearly Net Income VS EBIT VS OCF VS FCFBWLPG.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.06%, BWLPG is in the better half of the industry, outperforming 71.62% of the companies in the same industry.
  • With a Return On Equity value of 9.47%, BWLPG perfoms like the industry average, outperforming 52.70% of the companies in the same industry.
  • With a Return On Invested Capital value of 6.15%, BWLPG perfoms like the industry average, outperforming 54.05% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for BWLPG is above the industry average of 8.91%.
  • The 3 year average ROIC (13.62%) for BWLPG is well above the current ROIC(6.15%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 5.06%
ROE 9.47%
ROIC 6.15%
ROA(3y)12.73%
ROA(5y)11.22%
ROE(3y)22.33%
ROE(5y)19.99%
ROIC(3y)13.62%
ROIC(5y)11.15%
BWLPG.OL Yearly ROA, ROE, ROICBWLPG.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.58%, BWLPG is doing worse than 62.16% of the companies in the same industry.
  • BWLPG's Profit Margin has declined in the last couple of years.
  • BWLPG has a worse Operating Margin (6.06%) than 72.97% of its industry peers.
  • BWLPG's Operating Margin has declined in the last couple of years.
  • BWLPG has a worse Gross Margin (18.67%) than 78.38% of its industry peers.
  • In the last couple of years the Gross Margin of BWLPG has declined.
Industry RankSector Rank
OM 6.06%
PM (TTM) 4.58%
GM 18.67%
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%
BWLPG.OL Yearly Profit, Operating, Gross MarginsBWLPG.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BWLPG is creating some value.
  • The number of shares outstanding for BWLPG has been increased compared to 1 year ago.
  • The number of shares outstanding for BWLPG has been increased compared to 5 years ago.
  • The debt/assets ratio for BWLPG is higher compared to a year ago.
BWLPG.OL Yearly Shares OutstandingBWLPG.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
BWLPG.OL Yearly Total Debt VS Total AssetsBWLPG.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • BWLPG has an Altman-Z score of 2.96. 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.
  • Looking at the Altman-Z score, with a value of 2.96, BWLPG is in the better half of the industry, outperforming 68.92% of the companies in the same industry.
  • BWLPG 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 BWLPG (0.48) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF N/A
Altman-Z 2.96
ROIC/WACC0.72
WACC8.49%
BWLPG.OL Yearly LT Debt VS Equity VS FCFBWLPG.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • BWLPG has a Current Ratio of 1.47. 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 better Current ratio (1.47) than 62.16% of its industry peers.
  • BWLPG has a Quick Ratio of 1.24. 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 Quick ratio, with a value of 1.24, BWLPG is in the better half of the industry, outperforming 67.57% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.24
BWLPG.OL Yearly Current Assets VS Current LiabilitesBWLPG.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

3

3. Growth

3.1 Past

  • The earnings per share for BWLPG have decreased strongly by -73.09% 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 small growth in Revenue. The Revenue has grown by 2.55% 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)-73.09%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-51.9%
Revenue 1Y (TTM)2.55%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%38.66%

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 -17.93% on average per year.
  • BWLPG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.73% yearly.
EPS Next Y-52.62%
EPS Next 2Y-16.02%
EPS Next 3Y-17.93%
EPS Next 5YN/A
Revenue Next Year-0.97%
Revenue Next 2Y3.49%
Revenue Next 3Y-1.73%
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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
BWLPG.OL Yearly Revenue VS EstimatesBWLPG.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
BWLPG.OL Yearly EPS VS EstimatesBWLPG.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 18.12 indicates a rather expensive valuation of BWLPG.
  • BWLPG's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of BWLPG to the average of the S&P500 Index (27.97), we can say BWLPG is valued slightly cheaper.
  • With a Price/Forward Earnings ratio of 9.49, the valuation of BWLPG can be described as very reasonable.
  • 83.78% of the companies in the same industry are more expensive than BWLPG, based on the Price/Forward Earnings ratio.
  • BWLPG is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.96, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 18.12
Fwd PE 9.49
BWLPG.OL Price Earnings VS Forward Price EarningsBWLPG.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BWLPG's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.97
BWLPG.OL Per share dataBWLPG.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150 200

4.3 Compensation for Growth

  • A cheap valuation may be justified as BWLPG's earnings are expected to decrease with -17.93% in the coming years.
PEG (NY)N/A
PEG (5Y)1.77
EPS Next 2Y-16.02%
EPS Next 3Y-17.93%

6

5. Dividend

5.1 Amount

  • BWLPG has a Yearly Dividend Yield of 8.61%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.14, BWLPG pays a better dividend. On top of this BWLPG pays more dividend than 89.19% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.79, BWLPG pays a better dividend.
Industry RankSector Rank
Dividend Yield 8.61%

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 118.47% 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.
DP118.47%
EPS Next 2Y-16.02%
EPS Next 3Y-17.93%
BWLPG.OL Yearly Income VS Free CF VS DividendBWLPG.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M
BWLPG.OL Dividend Payout.BWLPG.OL Dividend Payout, showing the Payout Ratio.BWLPG.OL Dividend Payout.PayoutRetained Earnings

BW LPG LTD

OSL:BWLPG (2/13/2026, 7:00:00 PM)

158.9

+0.1 (+0.06%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)12-02
Earnings (Next)03-02
Inst Owners28.68%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap25.31B
Revenue(TTM)3.69B
Net Income(TTM)169.09M
Analysts82.5
Price Target164.02 (3.22%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 8.61%
Yearly Dividend26.73
Dividend Growth(5Y)44.99%
DP118.47%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.93%
Min EPS beat(2)-17.46%
Max EPS beat(2)1.61%
EPS beat(4)1
Avg EPS beat(4)-26.58%
Min EPS beat(4)-69.61%
Max EPS beat(4)1.61%
EPS beat(8)4
Avg EPS beat(8)6.61%
EPS beat(12)5
Avg EPS beat(12)2.77%
EPS beat(16)8
Avg EPS beat(16)5.28%
Revenue beat(2)0
Avg Revenue beat(2)-3.18%
Min Revenue beat(2)-6.06%
Max Revenue beat(2)-0.29%
Revenue beat(4)0
Avg Revenue beat(4)-2.22%
Min Revenue beat(4)-6.06%
Max Revenue beat(4)-0.28%
Revenue beat(8)1
Avg Revenue beat(8)0.86%
Revenue beat(12)2
Avg Revenue beat(12)29.91%
Revenue beat(16)6
Avg Revenue beat(16)80.45%
PT rev (1m)4.51%
PT rev (3m)-2.66%
EPS NQ rev (1m)4.73%
EPS NQ rev (3m)-33.18%
EPS NY rev (1m)-8.43%
EPS NY rev (3m)-39.6%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)-15.74%
Revenue NY rev (1m)-4.31%
Revenue NY rev (3m)-13.51%
Valuation
Industry RankSector Rank
PE 18.12
Fwd PE 9.49
P/S 0.72
P/FCF N/A
P/OCF 4.27
P/B 1.5
P/tB 1.5
EV/EBITDA 7.97
EPS(TTM)8.77
EY5.52%
EPS(NY)16.75
Fwd EY10.54%
FCF(TTM)-3.66
FCFYN/A
OCF(TTM)37.23
OCFY23.43%
SpS219.77
BVpS106.29
TBVpS106.27
PEG (NY)N/A
PEG (5Y)1.77
Graham Number144.82
Profitability
Industry RankSector Rank
ROA 5.06%
ROE 9.47%
ROCE 7.99%
ROIC 6.15%
ROICexc 6.16%
ROICexgc 6.16%
OM 6.06%
PM (TTM) 4.58%
GM 18.67%
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%
ROICexgc growth 3Y27.54%
ROICexgc 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-Score5
Asset Turnover1.11
Health
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF N/A
Debt/EBITDA 1.84
Cap/Depr 277.46%
Cap/Sales 18.61%
Interest Coverage 5.2
Cash Conversion 132.76%
Profit Quality N/A
Current Ratio 1.47
Quick Ratio 1.24
Altman-Z 2.96
F-Score5
WACC8.49%
ROIC/WACC0.72
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)-73.09%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-51.9%
EPS Next Y-52.62%
EPS Next 2Y-16.02%
EPS Next 3Y-17.93%
EPS Next 5YN/A
Revenue 1Y (TTM)2.55%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%38.66%
Revenue Next Year-0.97%
Revenue Next 2Y3.49%
Revenue Next 3Y-1.73%
Revenue Next 5YN/A
EBIT growth 1Y-58.8%
EBIT growth 3Y35.88%
EBIT growth 5Y7.9%
EBIT Next Year37.26%
EBIT Next 3Y10.56%
EBIT Next 5YN/A
FCF growth 1Y-111.12%
FCF growth 3Y7.12%
FCF growth 5Y-13.99%
OCF growth 1Y-2.32%
OCF growth 3Y34.59%
OCF growth 5Y18.38%

BW LPG LTD / BWLPG.OL FAQ

What is the ChartMill fundamental rating of BW LPG LTD (BWLPG.OL) stock?

ChartMill assigns a fundamental rating of 4 / 10 to BWLPG.OL.


Can you provide the valuation status for BW LPG LTD?

ChartMill assigns a valuation rating of 3 / 10 to BW LPG LTD (BWLPG.OL). This can be considered as Overvalued.


What is the profitability of BWLPG stock?

BW LPG LTD (BWLPG.OL) has a profitability rating of 4 / 10.


What are the PE and PB ratios of BW LPG LTD (BWLPG.OL) stock?

The Price/Earnings (PE) ratio for BW LPG LTD (BWLPG.OL) is 18.12 and the Price/Book (PB) ratio is 1.5.


Can you provide the expected EPS growth for BWLPG stock?

The Earnings per Share (EPS) of BW LPG LTD (BWLPG.OL) is expected to decline by -52.62% in the next year.