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 59 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.
In the past year BWLPG had a positive cash flow from operations.
In the past 5 years BWLPG has always been profitable.
In the past 5 years BWLPG always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.71%, BWLPG is in the better half of the industry, outperforming 69.49% of the companies in the same industry.
With a decent Return On Equity value of 14.54%, BWLPG is doing good in the industry, outperforming 61.02% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.98%, BWLPG is doing good in the industry, outperforming 66.10% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BWLPG is in line with the industry average of 14.75%.
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
Looking at the Profit Margin, with a value of 7.63%, BWLPG is in line with its industry, outperforming 44.07% of the companies in the same 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 76.27% 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 79.66% 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
BWLPG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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
BWLPG has an Altman-Z score of 2.50. 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 better Altman-Z score (2.50) than 67.80% 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 of 0.48. This is comparable to the rest of the industry: BWLPG outperforms 45.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.5 |
ROIC/WACC1.02
WACC8.84%
2.3 Liquidity
A Current Ratio of 1.22 indicates that BWLPG should not have too much problems paying its short term obligations.
The Current ratio of BWLPG (1.22) is worse than 69.49% of its industry peers.
A Quick Ratio of 1.06 indicates that BWLPG should not have too much problems paying its short term obligations.
BWLPG has a worse Quick ratio (1.06) than 61.02% 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.
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.
BWLPG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.53%.
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
The Earnings Per Share is expected to decrease by -14.00% on average over the next years. This is quite bad
Based on estimates for the next years, BWLPG will show a small growth in Revenue. The Revenue will grow by 0.78% on average per year.
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.19, the valuation of BWLPG can be described as very cheap.
Based on the Price/Earnings ratio, BWLPG is valued cheaply inside the industry as 81.36% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.20, BWLPG is valued rather cheaply.
The Price/Forward Earnings ratio is 5.14, which indicates a rather cheap valuation of BWLPG.
Based on the Price/Forward Earnings ratio, BWLPG is valued cheaply inside the industry as 86.44% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.13. BWLPG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.19 | ||
| Fwd PE | 5.14 |
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 | 4.64 |
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)0.61
EPS Next 2Y-10.17%
EPS Next 3Y-14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 22.90%, BWLPG is a good candidate for dividend investing.
BWLPG's Dividend Yield is rather good when compared to the industry average which is at 60.24. BWLPG pays more dividend than 96.61% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, BWLPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22.9% |
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-10.17%
EPS Next 3Y-14%
OSL:BWLPG (5/28/2025, 7:00:00 PM)
105.6
-3.5 (-3.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners29.13%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap16.82B
Analysts86.67
Price Target153.21 (45.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22.9% |
Yearly Dividend28.03
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)-10.79%
PT rev (3m)-13.2%
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)-3.6%
Revenue NY rev (3m)-4.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.19 | ||
| Fwd PE | 5.14 | ||
| P/S | 0.49 | ||
| P/FCF | N/A | ||
| P/OCF | 3.25 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 4.64 |
EPS(TTM)17.05
EY16.15%
EPS(NY)20.54
Fwd EY19.45%
FCF(TTM)-10.6
FCFYN/A
OCF(TTM)32.51
OCFY30.78%
SpS216
BVpS113.39
TBVpS113.36
PEG (NY)N/A
PEG (5Y)0.61
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 | 2.5 |
F-Score3
WACC8.84%
ROIC/WACC1.02
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%