BW LPG LTD (BWLP) Stock Fundamental Analysis
USA - NYSE:BWLP - SGXZ69436764 - Common Stock
15.66 USD
-0.17 (-1.07%)
15.66 USD
0 (0%)
BWLP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. BWLP has a medium profitability rating, but doesn't score so well on its financial health evaluation. BWLP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BWLP was profitable.
In the past year BWLP had a positive cash flow from operations.
BWLP had positive earnings in each of the past 5 years.
BWLP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BWLP has a Return On Assets of 7.71%. This is in the better half of the industry: BWLP outperforms 77.14% of its industry peers.
BWLP has a Return On Equity of 14.54%. This is in the better half of the industry: BWLP outperforms 71.90% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.21%, BWLP is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BWLP is significantly below the industry average of 21.66%.
The last Return On Invested Capital (9.21%) for BWLP is well below the 3 year average (13.98%), which needs to be investigated, but indicates that BWLP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.71% | ||
| ROE | 14.54% | ||
| ROIC | 9.21% |
ROA(3y)12.73%
ROA(5y)11.22%
ROE(3y)22.33%
ROE(5y)19.99%
ROIC(3y)13.98%
ROIC(5y)11.44%
1.3 Margins
BWLP has a Profit Margin (7.63%) which is comparable to the rest of the industry.
BWLP's Profit Margin has declined in the last couple of years.
BWLP has a worse Operating Margin (9.52%) than 62.86% of its industry peers.
In the last couple of years the Operating Margin of BWLP has declined.
With a Gross Margin value of 21.47%, BWLP is not doing good in the industry: 65.24% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of BWLP 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 well above the Cost of Capital (WACC), so BWLP is creating value.
BWLP has more shares outstanding than it did 1 year ago.
BWLP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BWLP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.83 indicates that BWLP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BWLP (2.83) is better than 78.57% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that BWLP is not too dependend on debt financing.
BWLP has a Debt to Equity ratio (0.48) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.83 |
ROIC/WACC1.22
WACC7.54%
2.3 Liquidity
A Current Ratio of 1.22 indicates that BWLP should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.22, BWLP is in line with its industry, outperforming 56.19% of the companies in the same industry.
BWLP has a Quick Ratio of 1.06. This is a normal value and indicates that BWLP is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.06, BWLP perfoms like the industry average, outperforming 56.67% 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 BWLP have decreased strongly by -61.84% in the last year.
BWLP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.23% yearly.
Looking at the last year, BWLP shows a very strong growth in Revenue. The Revenue has grown by 20.91%.
BWLP 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
BWLP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.78% yearly.
EPS Next Y-39.59%
EPS Next 2Y-20.91%
EPS Next 3Y-13.22%
EPS Next 5YN/A
Revenue Next Year5.83%
Revenue Next 2Y5.28%
Revenue Next 3Y0.78%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
The Price/Earnings ratio is 11.69, which indicates a very decent valuation of BWLP.
70.00% of the companies in the same industry are more expensive than BWLP, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BWLP to the average of the S&P500 Index (27.41), we can say BWLP is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.99, the valuation of BWLP can be described as reasonable.
69.52% of the companies in the same industry are more expensive than BWLP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BWLP to the average of the S&P500 Index (22.88), we can say BWLP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 9.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BWLP is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.24 |
4.3 Compensation for Growth
A cheap valuation may be justified as BWLP's earnings are expected to decrease with -13.22% in the coming years.
PEG (NY)N/A
PEG (5Y)1.14
EPS Next 2Y-20.91%
EPS Next 3Y-13.22%
5. Dividend
5.1 Amount
BWLP has a Yearly Dividend Yield of 11.70%, which is a nice return.
Compared to an average industry Dividend Yield of 6.17, BWLP pays a better dividend. On top of this BWLP pays more dividend than 92.86% of the companies listed in the same industry.
BWLP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.7% |
5.2 History
On average, the dividend of BWLP grows each year by 44.99%, which is quite nice.
BWLP has been paying a dividend for over 5 years, so it has already some track record.
BWLP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)44.99%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BWLP pays out 129.12% of its income as dividend. This is not a sustainable payout ratio.
BWLP'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%
15.66
-0.17 (-1.07%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.22%
Inst Owner Change-1.51%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap2.49B
Analysts86.67
Price Target17.16 (9.58%)
Short Float %2.51%
Short Ratio5.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.7% |
Yearly Dividend2.75
Dividend Growth(5Y)44.99%
DP129.12%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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)20.25%
PT rev (3m)17.42%
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)7.21%
Revenue NY rev (3m)8.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 9.99 | ||
| P/S | 0.74 | ||
| P/FCF | N/A | ||
| P/OCF | 4.89 | ||
| P/B | 1.4 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 6.24 |
EPS(TTM)1.34
EY8.56%
EPS(NY)1.57
Fwd EY10.01%
FCF(TTM)-1.04
FCFYN/A
OCF(TTM)3.2
OCFY20.44%
SpS21.27
BVpS11.16
TBVpS11.16
PEG (NY)N/A
PEG (5Y)1.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.71% | ||
| ROE | 14.54% | ||
| ROCE | 11.66% | ||
| ROIC | 9.21% | ||
| ROICexc | 10.26% | ||
| ROICexgc | 10.27% | ||
| 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)13.98%
ROIC(5y)11.44%
ROICexc(3y)16.11%
ROICexc(5y)12.91%
ROICexgc(3y)16.13%
ROICexgc(5y)12.92%
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 | 2.83 |
F-Score3
WACC7.54%
ROIC/WACC1.22
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 Year5.83%
Revenue Next 2Y5.28%
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%