BW LPG LTD (BWLP) Stock Fundamental Analysis
USA - NYSE:BWLP - SGXZ69436764 - Common Stock
12.18 USD
-0.14 (-1.14%)
12.18 USD
0 (0%)
Taking everything into account, BWLP scores 4 out of 10 in our fundamental rating. BWLP was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of BWLP get a neutral evaluation. Nothing too spectacular is happening here. BWLP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BWLP had positive earnings in the past year.
BWLP had a positive operating cash flow in the past year.
BWLP had positive earnings in each of the past 5 years.
In the past 5 years BWLP always reported a positive cash flow from operatings.
1.2 Ratios
BWLP's Return On Assets of 6.40% is fine compared to the rest of the industry. BWLP outperforms 71.56% of its industry peers.
BWLP's Return On Equity of 12.26% is fine compared to the rest of the industry. BWLP outperforms 67.77% of its industry peers.
BWLP's Return On Invested Capital of 8.40% is fine compared to the rest of the industry. BWLP outperforms 73.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BWLP is significantly below the industry average of 21.53%.
The 3 year average ROIC (13.98%) for BWLP is well above the current ROIC(8.40%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 12.26% | ||
| ROIC | 8.4% |
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
With a Profit Margin value of 6.09%, BWLP perfoms like the industry average, outperforming 46.92% of the companies in the same industry.
BWLP's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.26%, BWLP is doing worse than 63.51% of the companies in the same industry.
In the last couple of years the Operating Margin of BWLP has declined.
The Gross Margin of BWLP (20.40%) is worse than 65.40% of its industry peers.
BWLP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.26% | ||
| PM (TTM) | 6.09% | ||
| GM | 20.4% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BWLP is creating value.
BWLP has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BWLP has been increased compared to 5 years ago.
The debt/assets ratio for BWLP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.62 indicates that BWLP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BWLP (2.62) is better than 76.78% of its industry peers.
BWLP 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 BWLP (0.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.62 |
ROIC/WACC1.17
WACC7.16%
2.3 Liquidity
A Current Ratio of 1.27 indicates that BWLP should not have too much problems paying its short term obligations.
BWLP has a Current ratio of 1.27. This is comparable to the rest of the industry: BWLP outperforms 57.82% of its industry peers.
BWLP has a Quick Ratio of 1.22. This is a normal value and indicates that BWLP is financially healthy and should not expect problems in meeting its short term obligations.
BWLP has a better Quick ratio (1.22) than 62.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
The earnings per share for BWLP have decreased strongly by -61.84% 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, BWLP shows a small growth in Revenue. The Revenue has grown by 1.27% in the last year.
The Revenue has been growing by 34.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-61.84%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-59.31%
Revenue 1Y (TTM)1.27%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
3.2 Future
The Earnings Per Share is expected to decrease by -7.43% on average over the next years.
Based on estimates for the next years, BWLP will show a small growth in Revenue. The Revenue will grow by 0.78% on average per year.
EPS Next Y-32.4%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
EPS Next 5YN/A
Revenue Next Year5.79%
Revenue Next 2Y4.63%
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.
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
Based on the Price/Earnings ratio of 9.09, the valuation of BWLP can be described as reasonable.
Based on the Price/Earnings ratio, BWLP is valued a bit cheaper than the industry average as 78.20% of the companies are valued more expensively.
BWLP is valuated cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 5.58, the valuation of BWLP can be described as very cheap.
BWLP's Price/Forward Earnings ratio is rather cheap when compared to the industry. BWLP is cheaper than 90.52% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.18. BWLP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 5.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BWLP is valued a bit cheaper than the industry average as 71.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.27 |
4.3 Compensation for Growth
A cheap valuation may be justified as BWLP's earnings are expected to decrease with -7.43% in the coming years.
PEG (NY)N/A
PEG (5Y)0.89
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
5. Dividend
5.1 Amount
BWLP has a Yearly Dividend Yield of 14.29%, which is a nice return.
Compared to an average industry Dividend Yield of 6.30, BWLP pays a better dividend. On top of this BWLP pays more dividend than 96.21% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, BWLP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.29% |
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
112.83% of the earnings are spent on dividend by BWLP. This is not a sustainable payout ratio.
The Dividend Rate of BWLP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP112.83%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
12.18
-0.14 (-1.14%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners33.74%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap1.94B
Analysts86.67
Price Target16.98 (39.41%)
Short Float %1.87%
Short Ratio4.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.29% |
Yearly Dividend2.75
Dividend Growth(5Y)44.99%
DP112.83%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-34%
Min EPS beat(2)-69.61%
Max EPS beat(2)1.61%
EPS beat(4)2
Avg EPS beat(4)8.95%
Min EPS beat(4)-69.61%
Max EPS beat(4)124.66%
EPS beat(8)4
Avg EPS beat(8)8.79%
EPS beat(12)6
Avg EPS beat(12)5.93%
EPS beat(16)8
Avg EPS beat(16)4.15%
Revenue beat(2)0
Avg Revenue beat(2)-3.17%
Min Revenue beat(2)-6.06%
Max Revenue beat(2)-0.28%
Revenue beat(4)0
Avg Revenue beat(4)-4.87%
Min Revenue beat(4)-10.91%
Max Revenue beat(4)-0.28%
Revenue beat(8)1
Avg Revenue beat(8)0.65%
Revenue beat(12)3
Avg Revenue beat(12)43.59%
Revenue beat(16)7
Avg Revenue beat(16)83.52%
PT rev (1m)-1.05%
PT rev (3m)15.74%
EPS NQ rev (1m)-1.52%
EPS NQ rev (3m)36.94%
EPS NY rev (1m)11.9%
EPS NY rev (3m)-1.16%
Revenue NQ rev (1m)-0.55%
Revenue NQ rev (3m)11.88%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)8.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 5.58 | ||
| P/S | 0.55 | ||
| P/FCF | N/A | ||
| P/OCF | 3.52 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 5.27 |
EPS(TTM)1.34
EY11%
EPS(NY)2.18
Fwd EY17.91%
FCF(TTM)-1.29
FCFYN/A
OCF(TTM)3.46
OCFY28.44%
SpS22.32
BVpS11.09
TBVpS11.09
PEG (NY)N/A
PEG (5Y)0.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 12.26% | ||
| ROCE | 10.63% | ||
| ROIC | 8.4% | ||
| ROICexc | 9.51% | ||
| ROICexgc | 9.51% | ||
| OM | 8.26% | ||
| PM (TTM) | 6.09% | ||
| GM | 20.4% | ||
| 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-Score4
Asset Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.62 | ||
| Cap/Depr | 326.33% | ||
| Cap/Sales | 21.32% | ||
| Interest Coverage | 8.25 | ||
| Cash Conversion | 104.88% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.62 |
F-Score4
WACC7.16%
ROIC/WACC1.17
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-32.4%
EPS Next 2Y-6.71%
EPS Next 3Y-7.43%
EPS Next 5YN/A
Revenue 1Y (TTM)1.27%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%2.73%
Revenue Next Year5.79%
Revenue Next 2Y4.63%
Revenue Next 3Y0.78%
Revenue Next 5YN/A
EBIT growth 1Y-44.82%
EBIT growth 3Y35.88%
EBIT growth 5Y7.9%
EBIT Next Year50.95%
EBIT Next 3Y15.33%
EBIT Next 5YN/A
FCF growth 1Y-138.31%
FCF growth 3Y7.12%
FCF growth 5Y-13.99%
OCF growth 1Y-11.79%
OCF growth 3Y34.59%
OCF growth 5Y18.38%