DORIAN LPG LTD (LPG)
MHY2106R1100 - Common Stock
Taking everything into account, LPG scores 7 out of 10 in our fundamental rating. LPG was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. LPG scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LPG scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
In the past year LPG had a positive cash flow from operations.
LPG had positive earnings in each of the past 5 years.
LPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.89%, LPG belongs to the top of the industry, outperforming 82.84% of the companies in the same industry.
LPG has a better Return On Equity (22.05%) than 75.49% of its industry peers.
LPG has a Return On Invested Capital of 12.02%. This is in the better half of the industry: LPG outperforms 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LPG is significantly below the industry average of 29.25%.
The 3 year average ROIC (9.72%) for LPG is below the current ROIC(12.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.89% | ||
| ROE | 22.05% | ||
| ROIC | 12.02% |
ROA(3y)10.43%
ROA(5y)8.77%
ROE(3y)19.19%
ROE(5y)15.76%
ROIC(3y)9.72%
ROIC(5y)8.66%
1.3 Margins
The Profit Margin of LPG (47.87%) is better than 89.71% of its industry peers.
In the last couple of years the Profit Margin of LPG has grown nicely.
With an excellent Operating Margin value of 53.33%, LPG belongs to the best of the industry, outperforming 90.20% of the companies in the same industry.
LPG's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 91.17%, LPG belongs to the top of the industry, outperforming 95.59% of the companies in the same industry.
In the last couple of years the Gross Margin of LPG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.33% | ||
| PM (TTM) | 47.87% | ||
| GM | 91.17% |
OM growth 3Y16.86%
OM growth 5Y115.36%
PM growth 3Y23.21%
PM growth 5YN/A
GM growth 3Y-0.52%
GM growth 5Y-1.47%
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.
LPG has more shares outstanding than it did 1 year ago.
LPG has less shares outstanding than it did 5 years ago.
LPG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.08 indicates that LPG is not a great score, but indicates only limited risk for bankruptcy at the moment.
LPG has a Altman-Z score of 2.08. This is comparable to the rest of the industry: LPG outperforms 59.80% of its industry peers.
The Debt to FCF ratio of LPG is 1.96, which is an excellent value as it means it would take LPG, only 1.96 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LPG (1.96) is better than 76.96% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that LPG is not too dependend on debt financing.
LPG's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. LPG outperforms 47.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 1.96 | ||
| Altman-Z | 2.08 |
ROIC/WACC1.5
WACC7.99%
2.3 Liquidity
LPG has a Current Ratio of 4.22. This indicates that LPG is financially healthy and has no problem in meeting its short term obligations.
LPG's Current ratio of 4.22 is amongst the best of the industry. LPG outperforms 86.76% of its industry peers.
LPG has a Quick Ratio of 4.20. This indicates that LPG is financially healthy and has no problem in meeting its short term obligations.
LPG has a Quick ratio of 4.20. This is amongst the best in the industry. LPG outperforms 87.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.22 | ||
| Quick Ratio | 4.2 |
3. Growth
3.1 Past
The earnings per share for LPG have decreased by -2.38% in the last year.
LPG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 63.39% yearly.
LPG shows a small growth in Revenue. In the last year, the Revenue has grown by 1.63%.
The Revenue has been growing by 28.83% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-2.38%
EPS 3Y63.39%
EPS 5YN/A
EPS Q2Q%-81.08%
Revenue 1Y (TTM)1.63%
Revenue growth 3Y21.08%
Revenue growth 5Y28.83%
Sales Q2Q%-43.03%
3.2 Future
LPG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -21.14% yearly.
LPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.53% yearly.
EPS Next Y-52.67%
EPS Next 2Y-27.84%
EPS Next 3Y-21.14%
EPS Next 5YN/A
Revenue Next Year-25.98%
Revenue Next 2Y-13.33%
Revenue Next 3Y0.53%
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
With a Price/Earnings ratio of 4.19, the valuation of LPG can be described as very cheap.
Based on the Price/Earnings ratio, LPG is valued cheaper than 93.14% of the companies in the same industry.
LPG is valuated cheaply when we compare the Price/Earnings ratio to 29.29, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.51, the valuation of LPG can be described as very cheap.
Based on the Price/Forward Earnings ratio, LPG is valued cheaper than 80.88% of the companies in the same industry.
LPG is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.19 | ||
| Fwd PE | 6.51 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LPG is valued a bit cheaper than 77.45% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LPG is valued cheaper than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.73 | ||
| EV/EBITDA | 3.9 |
4.3 Compensation for Growth
LPG has an outstanding profitability rating, which may justify a higher PE ratio.
LPG's earnings are expected to decrease with -21.14% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.84%
EPS Next 3Y-21.14%
5. Dividend
5.1 Amount
LPG has a Yearly Dividend Yield of 15.54%, which is a nice return.
The stock price of LPG dropped by -32.79% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
LPG's Dividend Yield is rather good when compared to the industry average which is at 6.59. LPG pays more dividend than 95.59% of the companies in the same industry.
LPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.54% |
5.2 History
LPG has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
68.65% of the earnings are spent on dividend by LPG. This is not a sustainable payout ratio.
DP68.65%
EPS Next 2Y-27.84%
EPS Next 3Y-21.14%
DORIAN LPG LTD
NYSE:LPG (11/22/2024, 8:04:00 PM)
After market: 26 +0.26 (+1.01%)25.74
+0.53 (+2.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.10B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.54% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.19 | ||
| Fwd PE | 6.51 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.89% | ||
| ROE | 22.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 53.33% | ||
| PM (TTM) | 47.87% | ||
| GM | 91.17% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.22 | ||
| Quick Ratio | 4.2 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-2.38%
EPS 3Y63.39%
EPS 5Y
EPS Q2Q%
EPS Next Y-52.67%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.63%
Revenue growth 3Y21.08%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
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OCF growth 1Y
OCF growth 3Y
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