DORIAN LPG LTD (LPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LPG - MHY2106R1100 - Common Stock
23.93 USD
-0.24 (-0.99%)
23.93 USD
0 (0%)
LPG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While LPG has a great health rating, its profitability is only average at the moment. LPG is cheap, but on the other hand it scores bad on growth. With these ratings, LPG could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
LPG had positive earnings in the past year.
LPG had a positive operating cash flow in the past year.
LPG had positive earnings in each of the past 5 years.
Each year in the past 5 years LPG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LPG (5.33%) is better than 67.94% of its industry peers.
The Return On Equity of LPG (8.90%) is better than 61.24% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.36%, LPG is in line with its industry, outperforming 46.41% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LPG is significantly below the industry average of 21.18%.
The last Return On Invested Capital (5.36%) for LPG is well below the 3 year average (10.02%), which needs to be investigated, but indicates that LPG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.33% | ||
| ROE | 8.9% | ||
| ROIC | 5.36% |
ROA(3y)10.63%
ROA(5y)8.44%
ROE(3y)19.46%
ROE(5y)15.2%
ROIC(3y)10.02%
ROIC(5y)8.12%
1.3 Margins
LPG's Profit Margin of 26.02% is amongst the best of the industry. LPG outperforms 84.69% of its industry peers.
In the last couple of years the Profit Margin of LPG has declined.
The Operating Margin of LPG (30.98%) is better than 76.56% of its industry peers.
In the last couple of years the Operating Margin of LPG has declined.
With an excellent Gross Margin value of 86.18%, LPG belongs to the best of the industry, outperforming 93.78% of the companies in the same industry.
In the last couple of years the Gross Margin of LPG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.98% | ||
| PM (TTM) | 26.02% | ||
| GM | 86.18% |
OM growth 3Y0.9%
OM growth 5Y-7.98%
PM growth 3Y-0.9%
PM growth 5Y-5.32%
GM growth 3Y-1.99%
GM growth 5Y-1.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LPG is creating some value.
The number of shares outstanding for LPG has been increased compared to 1 year ago.
Compared to 5 years ago, LPG has less shares outstanding
LPG has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.72, we must say that LPG is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, LPG is in the better half of the industry, outperforming 62.68% of the companies in the same industry.
LPG has a debt to FCF ratio of 5.90. This is a neutral value as LPG would need 5.90 years to pay back of all of its debts.
The Debt to FCF ratio of LPG (5.90) is better than 60.77% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that LPG is not too dependend on debt financing.
LPG has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: LPG outperforms 52.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.66
WACC8.17%
2.3 Liquidity
A Current Ratio of 3.32 indicates that LPG has no problem at all paying its short term obligations.
LPG has a Current ratio of 3.32. This is amongst the best in the industry. LPG outperforms 85.17% of its industry peers.
A Quick Ratio of 3.30 indicates that LPG has no problem at all paying its short term obligations.
LPG has a better Quick ratio (3.30) than 85.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 3.3 |
3. Growth
3.1 Past
The earnings per share for LPG have decreased strongly by -63.19% in the last year.
LPG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.02% yearly.
The Revenue for LPG has decreased by -27.21% in the past year. This is quite bad
LPG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.17% yearly.
EPS 1Y (TTM)-63.19%
EPS 3Y19.56%
EPS 5Y-1.02%
EPS Q2Q%274.29%
Revenue 1Y (TTM)-27.21%
Revenue growth 3Y8.82%
Revenue growth 5Y1.17%
Sales Q2Q%50.5%
3.2 Future
Based on estimates for the next years, LPG will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.72% on average per year.
LPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.43% yearly.
EPS Next Y61.63%
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
EPS Next 5YN/A
Revenue Next Year20.27%
Revenue Next 2Y2.63%
Revenue Next 3Y-4.29%
Revenue Next 5Y3.43%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.59 indicates a reasonable valuation of LPG.
Based on the Price/Earnings ratio, LPG is valued a bit cheaper than 76.08% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.77, LPG is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.63, the valuation of LPG can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LPG indicates a rather cheap valuation: LPG is cheaper than 81.82% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of LPG to the average of the S&P500 Index (23.35), we can say LPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.59 | ||
| Fwd PE | 8.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LPG is valued a bit cheaper than 61.72% of the companies in the same industry.
70.33% of the companies in the same industry are more expensive than LPG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.49 | ||
| EV/EBITDA | 7.02 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of LPG may justify a higher PE ratio.
LPG's earnings are expected to decrease with -16.72% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
5. Dividend
5.1 Amount
LPG has a Yearly Dividend Yield of 10.05%, which is a nice return.
Compared to an average industry Dividend Yield of 3.93, LPG pays a better dividend. On top of this LPG pays more dividend than 89.00% of the companies listed in the same industry.
LPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.05% |
5.2 History
LPG has been paying a dividend for over 5 years, so it has already some track record.
LPG has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
126.33% of the earnings are spent on dividend by LPG. This is not a sustainable payout ratio.
DP126.33%
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
23.93
-0.24 (-0.99%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.84%
Inst Owner Change-20.34%
Ins Owners14.18%
Ins Owner Change3.78%
Market Cap1.03B
Revenue(TTM)364.83M
Net Income(TTM)94.92M
Analysts80
Price Target34.03 (42.21%)
Short Float %4.18%
Short Ratio3.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.05% |
Yearly Dividend3.75
Dividend Growth(5Y)N/A
DP126.33%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-30.1%
Min EPS beat(2)-61.41%
Max EPS beat(2)1.2%
EPS beat(4)1
Avg EPS beat(4)-42.35%
Min EPS beat(4)-67.19%
Max EPS beat(4)1.2%
EPS beat(8)4
Avg EPS beat(8)-18.61%
EPS beat(12)7
Avg EPS beat(12)-6.23%
EPS beat(16)8
Avg EPS beat(16)-7.62%
Revenue beat(2)1
Avg Revenue beat(2)-1.48%
Min Revenue beat(2)-10.17%
Max Revenue beat(2)7.21%
Revenue beat(4)1
Avg Revenue beat(4)-9.53%
Min Revenue beat(4)-22.54%
Max Revenue beat(4)7.21%
Revenue beat(8)3
Avg Revenue beat(8)-5.2%
Revenue beat(12)6
Avg Revenue beat(12)-3.05%
Revenue beat(16)9
Avg Revenue beat(16)-1.71%
PT rev (1m)-2.34%
PT rev (3m)1.46%
EPS NQ rev (1m)-3.95%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)17.18%
EPS NY rev (3m)21.32%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)8.12%
Revenue NY rev (3m)8.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.59 | ||
| Fwd PE | 8.63 | ||
| P/S | 2.81 | ||
| P/FCF | 11.49 | ||
| P/OCF | 8.43 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 7.02 |
EPS(TTM)2.26
EY9.44%
EPS(NY)2.77
Fwd EY11.59%
FCF(TTM)2.08
FCFY8.71%
OCF(TTM)2.84
OCFY11.87%
SpS8.52
BVpS24.9
TBVpS24.9
PEG (NY)0.17
PEG (5Y)N/A
Graham Number35.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.33% | ||
| ROE | 8.9% | ||
| ROCE | 6.79% | ||
| ROIC | 5.36% | ||
| ROICexc | 6.39% | ||
| ROICexgc | 6.39% | ||
| OM | 30.98% | ||
| PM (TTM) | 26.02% | ||
| GM | 86.18% | ||
| FCFM | 24.46% |
ROA(3y)10.63%
ROA(5y)8.44%
ROE(3y)19.46%
ROE(5y)15.2%
ROIC(3y)10.02%
ROIC(5y)8.12%
ROICexc(3y)11.78%
ROICexc(5y)9.41%
ROICexgc(3y)11.78%
ROICexgc(5y)9.41%
ROCE(3y)12.68%
ROCE(5y)10.28%
ROICexgc growth 3Y7.64%
ROICexgc growth 5Y-4.68%
ROICexc growth 3Y7.64%
ROICexc growth 5Y-4.68%
OM growth 3Y0.9%
OM growth 5Y-7.98%
PM growth 3Y-0.9%
PM growth 5Y-5.32%
GM growth 3Y-1.99%
GM growth 5Y-1.95%
F-Score5
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.9 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 45.45% | ||
| Cap/Sales | 8.89% | ||
| Interest Coverage | 3.81 | ||
| Cash Conversion | 66% | ||
| Profit Quality | 94.02% | ||
| Current Ratio | 3.32 | ||
| Quick Ratio | 3.3 | ||
| Altman-Z | 1.72 |
F-Score5
WACC8.17%
ROIC/WACC0.66
Cap/Depr(3y)61.2%
Cap/Depr(5y)46.48%
Cap/Sales(3y)9.63%
Cap/Sales(5y)8.07%
Profit Quality(3y)125.53%
Profit Quality(5y)136.68%
High Growth Momentum
Growth
EPS 1Y (TTM)-63.19%
EPS 3Y19.56%
EPS 5Y-1.02%
EPS Q2Q%274.29%
EPS Next Y61.63%
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
EPS Next 5YN/A
Revenue 1Y (TTM)-27.21%
Revenue growth 3Y8.82%
Revenue growth 5Y1.17%
Sales Q2Q%50.5%
Revenue Next Year20.27%
Revenue Next 2Y2.63%
Revenue Next 3Y-4.29%
Revenue Next 5Y3.43%
EBIT growth 1Y-57.72%
EBIT growth 3Y9.8%
EBIT growth 5Y-6.91%
EBIT Next Year93.48%
EBIT Next 3Y1.82%
EBIT Next 5Y11.95%
FCF growth 1Y-62.42%
FCF growth 3Y17.28%
FCF growth 5Y0.67%
OCF growth 1Y-60.03%
OCF growth 3Y13.38%
OCF growth 5Y0.47%
DORIAN LPG LTD / LPG FAQ
What is the ChartMill fundamental rating of DORIAN LPG LTD (LPG) stock?
ChartMill assigns a fundamental rating of 6 / 10 to LPG.
What is the valuation status of DORIAN LPG LTD (LPG) stock?
ChartMill assigns a valuation rating of 7 / 10 to DORIAN LPG LTD (LPG). This can be considered as Undervalued.
How profitable is DORIAN LPG LTD (LPG) stock?
DORIAN LPG LTD (LPG) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for LPG stock?
The Price/Earnings (PE) ratio for DORIAN LPG LTD (LPG) is 10.59 and the Price/Book (PB) ratio is 0.96.
Can you provide the dividend sustainability for LPG stock?
The dividend rating of DORIAN LPG LTD (LPG) is 5 / 10 and the dividend payout ratio is 126.33%.