BW LPG LTD (BWLPG.OL) Stock Fundamental Analysis
OSL:BWLPG - Euronext Oslo - SGXZ69436764 - Common Stock - Currency: NOK
Overall BWLPG gets a fundamental rating of 4 out of 10. We evaluated BWLPG against 61 industry peers in the Oil, Gas & Consumable Fuels industry. BWLPG has a medium profitability rating, but doesn't score so well on its financial health evaluation. BWLPG is not valued too expensively and it also shows a decent growth rate.
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.
BWLPG had positive earnings in each of the past 5 years.
In the past 5 years BWLPG always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 10.67%, BWLPG belongs to the best of the industry, outperforming 80.33% of the companies in the same industry.
With a decent Return On Equity value of 19.63%, BWLPG is doing good in the industry, outperforming 70.49% of the companies in the same industry.
BWLPG's Return On Invested Capital of 11.70% is fine compared to the rest of the industry. BWLPG outperforms 75.41% of its industry peers.
BWLPG had an Average Return On Invested Capital over the past 3 years of 13.62%. This is in line with the industry average of 11.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 19.63% | ||
| ROIC | 11.7% |
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 has a Profit Margin (9.94%) which is in line with its industry peers.
In the last couple of years the Profit Margin of BWLPG has declined.
With a Operating Margin value of 11.56%, BWLPG is not doing good in the industry: 70.49% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of BWLPG has declined.
The Gross Margin of BWLPG (22.14%) is worse than 77.05% of its industry peers.
In the last couple of years the Gross Margin of BWLPG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.56% | ||
| PM (TTM) | 9.94% | ||
| GM | 22.14% |
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
Compared to 5 years ago, BWLPG has more shares outstanding
The debt/assets ratio for BWLPG is higher compared to a year ago.
2.2 Solvency
BWLPG has an Altman-Z score of 2.63. 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 (2.63) is better than 70.49% of its industry peers.
The Debt to FCF ratio of BWLPG is 7.99, which is on the high side as it means it would take BWLPG, 7.99 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BWLPG (7.99) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.43 indicates that BWLPG is not too dependend on debt financing.
BWLPG's Debt to Equity ratio of 0.43 is in line compared to the rest of the industry. BWLPG outperforms 54.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 7.99 | ||
| Altman-Z | 2.63 |
ROIC/WACC1.31
WACC8.96%
2.3 Liquidity
A Current Ratio of 1.11 indicates that BWLPG should not have too much problems paying its short term obligations.
The Current ratio of BWLPG (1.11) is worse than 68.85% of its industry peers.
A Quick Ratio of 0.99 indicates that BWLPG may have some problems paying its short term obligations.
With a Quick ratio value of 0.99, BWLPG is not doing good in the industry: 60.66% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
BWLPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.25%.
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 a strong growth in Revenue. In the last year, the Revenue has grown by 20.91%.
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)-29.25%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-80.9%
Revenue 1Y (TTM)20.91%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%-46.4%
3.2 Future
BWLPG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.00% yearly.
BWLPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.78% yearly.
EPS Next Y-31.6%
EPS Next 2Y-10.17%
EPS Next 3Y-14%
EPS Next 5YN/A
Revenue Next Year1.59%
Revenue Next 2Y2.43%
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
With a Price/Earnings ratio of 4.16, the valuation of BWLPG can be described as very cheap.
BWLPG's Price/Earnings ratio is rather cheap when compared to the industry. BWLPG is cheaper than 85.25% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.79, BWLPG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.08, the valuation of BWLPG can be described as very cheap.
86.89% of the companies in the same industry are more expensive than BWLPG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BWLPG to the average of the S&P500 Index (21.38), we can say BWLPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.16 | ||
| Fwd PE | 6.08 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BWLPG.
BWLPG's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.3 | ||
| EV/EBITDA | 3.94 |
4.3 Compensation for Growth
BWLPG's earnings are expected to decrease with -14.00% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y-10.17%
EPS Next 3Y-14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 25.76%, BWLPG is a good candidate for dividend investing.
BWLPG's Dividend Yield is rather good when compared to the industry average which is at 61.06. BWLPG pays more dividend than 93.44% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.47, BWLPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 25.76% |
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
109.64% 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.
DP109.64%
EPS Next 2Y-10.17%
EPS Next 3Y-14%
OSL:BWLPG (4/25/2025, 7:00:00 PM)
108.4
+8.3 (+8.29%)
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 Cap17.27B
Analysts86.67
Price Target171.74 (58.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 25.76% |
Yearly Dividend28.66
Dividend Growth(5Y)44.99%
DP109.64%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.91%
Min EPS beat(2)-20.84%
Max EPS beat(2)124.66%
EPS beat(4)3
Avg EPS beat(4)35.5%
Min EPS beat(4)-20.84%
Max EPS beat(4)124.66%
EPS beat(8)4
Avg EPS beat(8)17.53%
EPS beat(12)6
Avg EPS beat(12)11.15%
EPS beat(16)8
Avg EPS beat(16)5.38%
Revenue beat(2)0
Avg Revenue beat(2)-6.58%
Min Revenue beat(2)-10.91%
Max Revenue beat(2)-2.24%
Revenue beat(4)1
Avg Revenue beat(4)3.72%
Min Revenue beat(4)-13.15%
Max Revenue beat(4)41.2%
Revenue beat(8)1
Avg Revenue beat(8)-0.58%
Revenue beat(12)5
Avg Revenue beat(12)69.05%
Revenue beat(16)9
Avg Revenue beat(16)89.14%
PT rev (1m)-2.7%
PT rev (3m)-4.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.76%
EPS NY rev (1m)-6.73%
EPS NY rev (3m)-13.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.16 | ||
| Fwd PE | 6.08 | ||
| P/S | 0.47 | ||
| P/FCF | 11.3 | ||
| P/OCF | 2.22 | ||
| P/B | 0.92 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 3.94 |
EPS(TTM)26.06
EY24.04%
EPS(NY)17.82
Fwd EY16.44%
FCF(TTM)9.59
FCFY8.85%
OCF(TTM)48.9
OCFY45.11%
SpS232.64
BVpS117.83
TBVpS117.79
PEG (NY)N/A
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.67% | ||
| ROE | 19.63% | ||
| ROCE | 15.2% | ||
| ROIC | 11.7% | ||
| ROICexc | 13.07% | ||
| ROICexgc | 13.07% | ||
| OM | 11.56% | ||
| PM (TTM) | 9.94% | ||
| GM | 22.14% | ||
| FCFM | 4.12% |
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 Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 7.99 | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 297.88% | ||
| Cap/Sales | 16.9% | ||
| Interest Coverage | 23.12 | ||
| Cash Conversion | 121.98% | ||
| Profit Quality | 41.46% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.63 |
F-Score3
WACC8.96%
ROIC/WACC1.31
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)-29.25%
EPS 3Y33.17%
EPS 5Y10.23%
EPS Q2Q%-80.9%
EPS Next Y-31.6%
EPS Next 2Y-10.17%
EPS Next 3Y-14%
EPS Next 5YN/A
Revenue 1Y (TTM)20.91%
Revenue growth 3Y42.12%
Revenue growth 5Y34.25%
Sales Q2Q%-46.4%
Revenue Next Year1.59%
Revenue Next 2Y2.43%
Revenue Next 3Y0.78%
Revenue Next 5YN/A
EBIT growth 1Y-14.58%
EBIT growth 3Y35.88%
EBIT growth 5Y7.9%
EBIT Next Year42.78%
EBIT Next 3Y15.33%
EBIT Next 5YN/A
FCF growth 1Y-62.97%
FCF growth 3Y7.12%
FCF growth 5Y-13.99%
OCF growth 1Y45.93%
OCF growth 3Y34.59%
OCF growth 5Y18.38%