DORIAN LPG LTD (LPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LPG - MHY2106R1100 - Common Stock
25 USD
+0.48 (+1.96%)
25 USD
0 (0%)
Taking everything into account, LPG scores 6 out of 10 in our fundamental rating. LPG was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. LPG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. LPG is valued quite cheap, but it does not seem to be growing. These ratings could make LPG a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year LPG was profitable.
LPG had a positive operating cash flow in the past year.
Each year in the past 5 years LPG has been profitable.
Each year in the past 5 years LPG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.33%, LPG is in the better half of the industry, outperforming 67.79% of the companies in the same industry.
The Return On Equity of LPG (8.90%) is better than 61.06% 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 46.15% of the companies in the same industry.
LPG had an Average Return On Invested Capital over the past 3 years of 10.02%. This is significantly below the industry average of 20.87%.
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 has a better Profit Margin (26.02%) than 84.13% of its industry peers.
In the last couple of years the Profit Margin of LPG has declined.
Looking at the Operating Margin, with a value of 30.98%, LPG is in the better half of the industry, outperforming 76.44% of the companies in the same industry.
In the last couple of years the Operating Margin of LPG has declined.
The Gross Margin of LPG (86.18%) is better than 93.75% of its industry peers.
LPG's Gross Margin has declined in the last couple of years.
| 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
LPG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
Compared to 1 year ago, LPG has an improved debt to assets ratio.
2.2 Solvency
LPG has an Altman-Z score of 1.75. This is a bad value and indicates that LPG is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.75, LPG is in the better half of the industry, outperforming 62.98% 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.
LPG has a Debt to FCF ratio of 5.90. This is in the better half of the industry: LPG outperforms 61.06% of its industry peers.
LPG has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
LPG has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: LPG outperforms 51.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.65
WACC8.25%
2.3 Liquidity
LPG has a Current Ratio of 3.32. This indicates that LPG is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of LPG (3.32) is better than 86.06% of its industry peers.
A Quick Ratio of 3.30 indicates that LPG has no problem at all paying its short term obligations.
LPG's Quick ratio of 3.30 is amongst the best of the industry. LPG outperforms 86.54% 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.
Based on estimates for the next years, LPG will show a small growth in Revenue. The Revenue will grow by 3.43% on average per year.
EPS Next Y61.63%
EPS Next 2Y12.98%
EPS Next 3Y-16.72%
EPS Next 5YN/A
Revenue Next Year18.73%
Revenue Next 2Y2.85%
Revenue Next 3Y-4.29%
Revenue Next 5Y3.43%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.06 indicates a reasonable valuation of LPG.
Based on the Price/Earnings ratio, LPG is valued a bit cheaper than 73.56% of the companies in the same industry.
When comparing the Price/Earnings ratio of LPG to the average of the S&P500 Index (26.55), we can say LPG is valued rather cheaply.
LPG is valuated reasonably with a Price/Forward Earnings ratio of 8.55.
LPG's Price/Forward Earnings ratio is rather cheap when compared to the industry. LPG is cheaper than 82.21% of the companies in the same industry.
LPG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.06 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
LPG's Enterprise Value to EBITDA is on the same level as the industry average.
71.15% 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 | 12 | ||
| EV/EBITDA | 7.21 |
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.
A cheap valuation may be justified as LPG's earnings are expected to decrease with -16.72% in the coming years.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y12.98%
EPS Next 3Y-16.72%
5. Dividend
5.1 Amount
LPG has a Yearly Dividend Yield of 9.99%, which is a nice return.
In the last 3 months the price of LPG has falen by -21.51%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
LPG's Dividend Yield is rather good when compared to the industry average which is at 3.83. LPG pays more dividend than 90.38% of the companies in the same industry.
LPG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.99% |
5.2 History
LPG has been paying a dividend for over 5 years, so it has already some track record.
The dividend of LPG decreased 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 2Y12.98%
EPS Next 3Y-16.72%
25
+0.48 (+1.96%)
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 Cap1.07B
Revenue(TTM)364.83M
Net Income(TTM)94.92M
Analysts80
Price Target34.84 (39.36%)
Short Float %3.75%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.99% |
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)-15.68%
EPS beat(12)7
Avg EPS beat(12)-4.28%
EPS beat(16)8
Avg EPS beat(16)-6.16%
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)3.89%
PT rev (3m)3.89%
EPS NQ rev (1m)-4.1%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)17.18%
EPS NY rev (3m)-2.3%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)1.2%
Revenue NY rev (1m)6.75%
Revenue NY rev (3m)6.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.06 | ||
| Fwd PE | 8.55 | ||
| P/S | 2.94 | ||
| P/FCF | 12 | ||
| P/OCF | 8.8 | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | 7.21 |
EPS(TTM)2.26
EY9.04%
EPS(NY)2.92
Fwd EY11.69%
FCF(TTM)2.08
FCFY8.33%
OCF(TTM)2.84
OCFY11.36%
SpS8.52
BVpS24.9
TBVpS24.9
PEG (NY)0.18
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 | 1.75 |
F-Score5
WACC8.25%
ROIC/WACC0.65
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 2Y12.98%
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 Year18.73%
Revenue Next 2Y2.85%
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 Year91.58%
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 11.06 and the Price/Book (PB) ratio is 1.
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%.