DORIAN LPG LTD (LPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LPG - MHY2106R1100 - Common Stock
24.52 USD
+0.28 (+1.16%)
24.52 USD
0 (0%)
Overall LPG gets a fundamental rating of 6 out of 10. We evaluated LPG against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While LPG has a great health rating, its profitability is only average at the moment. LPG has a bad growth rate and is valued cheaply. With these ratings, LPG could be worth investigating further 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.
In the past 5 years LPG has always been profitable.
LPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LPG's Return On Assets of 5.33% is fine compared to the rest of the industry. LPG outperforms 67.94% of its industry peers.
Looking at the Return On Equity, with a value of 8.90%, LPG is in the better half of the industry, outperforming 60.77% of the companies in the same industry.
LPG has a Return On Invested Capital (5.36%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for LPG 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
Looking at the Profit Margin, with a value of 26.02%, LPG belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
LPG's Profit Margin has declined in the last couple of years.
LPG's Operating Margin of 30.98% is fine compared to the rest of the industry. LPG outperforms 76.56% of its industry peers.
LPG's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 86.18%, LPG belongs to the best of the industry, outperforming 93.78% of the companies in the same industry.
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
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.
The number of shares outstanding for LPG has been reduced compared to 5 years ago.
Compared to 1 year ago, LPG has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.73, we must say that LPG is in the distress zone and has some risk of bankruptcy.
LPG's Altman-Z score of 1.73 is fine compared to the rest of the industry. LPG outperforms 61.24% of its industry peers.
The Debt to FCF ratio of LPG is 5.90, which is a neutral value as it means it would take LPG, 5.90 years of fcf income to pay off all of its debts.
LPG has a better Debt to FCF ratio (5.90) than 61.24% 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 (0.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.66
WACC8.18%
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 85.65% of its industry peers.
A Quick Ratio of 3.30 indicates that LPG has no problem at all paying its short term obligations.
LPG has a Quick ratio of 3.30. This is amongst the best in the industry. LPG outperforms 86.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 3.3 |
3. Growth
3.1 Past
LPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -63.19%.
The Earnings Per Share has been decreasing by -1.02% on average over the past years.
The Revenue for LPG has decreased by -27.21% in the past year. This is quite bad
Measured over the past years, LPG shows a small growth in Revenue. The Revenue has been growing by 1.17% on average per year.
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
The Earnings Per Share is expected to decrease by -16.72% on average over the next years. This is quite bad
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.85, which indicates a very decent valuation of LPG.
Based on the Price/Earnings ratio, LPG is valued a bit cheaper than the industry average as 76.08% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.54, LPG is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.39, the valuation of LPG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, LPG is valued cheaper than 85.65% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.78. LPG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 8.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LPG is valued a bit cheaper than 61.24% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LPG is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.77 | ||
| EV/EBITDA | 7.03 |
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.
LPG has a very decent profitability rating, which 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 9.82%, which is a nice return.
The stock price of LPG dropped by -22.63% 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.
Compared to an average industry Dividend Yield of 5.59, LPG pays a better dividend. On top of this LPG pays more dividend than 90.43% of the companies listed in the same industry.
LPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.82% |
5.2 History
LPG has been paying a dividend for over 5 years, so it has already some track record.
LPG has decreased its dividend 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%
24.52
+0.28 (+1.16%)
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 Cap1.05B
Revenue(TTM)364.83M
Net Income(TTM)94.92M
Analysts80
Price Target34.84 (42.09%)
Short Float %3.75%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.82% |
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)2.9%
Revenue NY rev (1m)6.75%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 8.39 | ||
| P/S | 2.88 | ||
| P/FCF | 11.77 | ||
| P/OCF | 8.63 | ||
| P/B | 0.98 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 7.03 |
EPS(TTM)2.26
EY9.22%
EPS(NY)2.92
Fwd EY11.92%
FCF(TTM)2.08
FCFY8.5%
OCF(TTM)2.84
OCFY11.58%
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 | 1.73 |
F-Score5
WACC8.18%
ROIC/WACC0.66
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 10.85 and the Price/Book (PB) ratio is 0.98.
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%.