BW LPG LTD (BWLPG.OL) Stock Fundamental Analysis
OSL:BWLPG - SGXZ69436764 - Common Stock
154.5 NOK
+2.2 (+1.44%)
BWLPG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 63 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 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.
Each year in the past 5 years BWLPG has been profitable.
Each year in the past 5 years BWLPG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BWLPG (7.71%) is better than 74.60% of its industry peers.
BWLPG has a Return On Equity of 14.54%. This is in the better half of the industry: BWLPG outperforms 73.02% of its industry peers.
BWLPG has a better Return On Invested Capital (8.98%) than 73.02% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BWLPG is above the industry average of 9.83%.
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 50.79% of its industry peers.
In the last couple of years the Profit Margin of BWLPG has declined.
BWLPG has a worse Operating Margin (9.52%) than 69.84% of its industry peers.
BWLPG's Operating Margin has declined in the last couple of years.
BWLPG has a worse Gross Margin (21.47%) than 79.37% 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
BWLPG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BWLPG has a worse debt to assets ratio.
2.2 Solvency
BWLPG has an Altman-Z score of 2.79. 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.
The Altman-Z score of BWLPG (2.79) is better than 74.60% 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 49.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.79 |
ROIC/WACC1.05
WACC8.56%
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 Current ratio of 1.22. This is in the lower half of the industry: BWLPG underperforms 63.49% of its industry peers.
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 42.86% of the companies in the same industry.
| 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 -61.84% in the last year.
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.
The Revenue has grown by 20.91% in the past year. This is a very strong growth!
BWLPG 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)20.91%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
3.2 Future
The Earnings Per Share is expected to decrease by -13.22% on average over the next years. This is quite bad
The Revenue is expected to grow by 0.78% on average over the next years.
EPS Next Y-39.59%
EPS Next 2Y-20.91%
EPS Next 3Y-13.22%
EPS Next 5YN/A
Revenue Next Year0.56%
Revenue Next 2Y-0.28%
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
BWLPG is valuated reasonably with a Price/Earnings ratio of 11.52.
Based on the Price/Earnings ratio, BWLPG is valued a bit cheaper than the industry average as 63.49% of the companies are valued more expensively.
BWLPG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.02.
The Price/Forward Earnings ratio is 9.81, which indicates a very decent valuation of BWLPG.
BWLPG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BWLPG is cheaper than 66.67% of the companies in the same industry.
BWLPG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.52 | ||
| Fwd PE | 9.81 |
4.2 Price Multiples
BWLPG's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.04 |
4.3 Compensation for Growth
A cheap valuation may be justified as BWLPG's earnings are expected to decrease with -13.22% in the coming years.
PEG (NY)N/A
PEG (5Y)1.13
EPS Next 2Y-20.91%
EPS Next 3Y-13.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.77%, BWLPG is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 56.55, BWLPG pays a better dividend. On top of this BWLPG pays more dividend than 93.65% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, BWLPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.77% |
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
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-20.91%
EPS Next 3Y-13.22%
OSL:BWLPG (9/8/2025, 4:19:50 PM)
154.5
+2.2 (+1.44%)
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 Cap24.61B
Analysts86.67
Price Target172.08 (11.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.77% |
Yearly Dividend27.62
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)-13.99%
EPS NQ rev (3m)14.7%
EPS NY rev (1m)-11.67%
EPS NY rev (3m)-11.67%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)1.87%
Revenue NY rev (3m)3.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.52 | ||
| Fwd PE | 9.81 | ||
| P/S | 0.72 | ||
| P/FCF | N/A | ||
| P/OCF | 4.81 | ||
| P/B | 1.38 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | 6.04 |
EPS(TTM)13.41
EY8.68%
EPS(NY)15.75
Fwd EY10.19%
FCF(TTM)-10.49
FCFYN/A
OCF(TTM)32.15
OCFY20.81%
SpS213.64
BVpS112.15
TBVpS112.12
PEG (NY)N/A
PEG (5Y)1.13
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 | 2.79 |
F-Score3
WACC8.56%
ROIC/WACC1.05
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-39.59%
EPS Next 2Y-20.91%
EPS Next 3Y-13.22%
EPS Next 5YN/A
Revenue 1Y (TTM)20.91%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
Revenue Next Year0.56%
Revenue Next 2Y-0.28%
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%