DORIAN LPG LTD (LPG) Fundamental Analysis & Valuation
NYSE:LPG • MHY2106R1100
31.59 USD
-2.98 (-8.62%)
At close: Mar 11, 2026
31.7 USD
+0.11 (+0.35%)
After Hours: 3/11/2026, 8:08:50 PM
This LPG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, LPG scores 6 out of 10 in our fundamental rating. LPG was compared to 207 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 is cheap, but on the other hand it scores bad on growth. These ratings would make LPG suitable for value investing!
1. LPG Profitability Analysis
1.1 Basic Checks
- LPG had positive earnings in the past year.
- LPG had a positive operating cash flow in the past year.
- Each year in the past 5 years LPG has been profitable.
- LPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- LPG has a better Return On Assets (6.79%) than 75.85% of its industry peers.
- With a decent Return On Equity value of 11.12%, LPG is doing good in the industry, outperforming 64.25% of the companies in the same industry.
- With a decent Return On Invested Capital value of 6.89%, LPG is doing good in the industry, outperforming 64.73% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for LPG is significantly below the industry average of 22.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.79% | ||
| ROE | 11.12% | ||
| ROIC | 6.89% |
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 29.88%, LPG belongs to the top of the industry, outperforming 87.44% of the companies in the same industry.
- In the last couple of years the Profit Margin of LPG has declined.
- LPG has a Operating Margin of 34.87%. This is amongst the best in the industry. LPG outperforms 82.61% of its industry peers.
- In the last couple of years the Operating Margin of LPG has declined.
- LPG has a better Gross Margin (85.45%) than 93.24% of its industry peers.
- In the last couple of years the Gross Margin of LPG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.87% | ||
| PM (TTM) | 29.88% | ||
| GM | 85.45% |
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. LPG Health Analysis
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.
- LPG has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, LPG has less shares outstanding
- LPG has a better debt/assets ratio than last year.
2.2 Solvency
- LPG has an Altman-Z score of 2.09. This is not the best score and indicates that LPG is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of LPG (2.09) is better than 67.63% of its industry peers.
- LPG has a debt to FCF ratio of 3.79. This is a good value and a sign of high solvency as LPG would need 3.79 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 3.79, LPG is doing good in the industry, outperforming 71.50% of the companies in the same industry.
- LPG has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
- LPG has a Debt to Equity ratio (0.38) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 3.79 | ||
| Altman-Z | 2.09 |
ROIC/WACC0.92
WACC7.49%
2.3 Liquidity
- LPG has a Current Ratio of 2.41. This indicates that LPG is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of LPG (2.41) is better than 79.71% of its industry peers.
- A Quick Ratio of 2.40 indicates that LPG has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 2.40, LPG belongs to the top of the industry, outperforming 80.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 2.4 |
3. LPG Growth Analysis
3.1 Past
- The earnings per share for LPG have decreased strongly by -25.57% 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.
- Looking at the last year, LPG shows a decrease in Revenue. The Revenue has decreased by -3.51% in the last year.
- The Revenue has been growing slightly by 1.17% on average over the past years.
EPS 1Y (TTM)-25.57%
EPS 3Y19.56%
EPS 5Y-1.02%
EPS Q2Q%158.14%
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y8.82%
Revenue growth 5Y1.17%
Sales Q2Q%48.72%
3.2 Future
- The Earnings Per Share is expected to decrease by -5.50% on average over the next years.
- The Revenue is expected to grow by 3.43% on average over the next years.
EPS Next Y78.92%
EPS Next 2Y23.71%
EPS Next 3Y-5.5%
EPS Next 5YN/A
Revenue Next Year26.5%
Revenue Next 2Y6.74%
Revenue Next 3Y-2.24%
Revenue Next 5Y3.43%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. LPG Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 10.74 indicates a reasonable valuation of LPG.
- Compared to the rest of the industry, the Price/Earnings ratio of LPG indicates a rather cheap valuation: LPG is cheaper than 83.09% of the companies listed in the same industry.
- LPG is valuated cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
- LPG is valuated reasonably with a Price/Forward Earnings ratio of 9.01.
- Based on the Price/Forward Earnings ratio, LPG is valued cheaper than 89.86% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, LPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.74 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
- LPG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LPG is cheaper than 65.22% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LPG is valued cheaply inside the industry as 85.51% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.98 | ||
| EV/EBITDA | 7.37 |
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.
- LPG's earnings are expected to decrease with -5.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y23.71%
EPS Next 3Y-5.5%
5. LPG Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 7.19%, LPG is a good candidate for dividend investing.
- LPG's Dividend Yield is rather good when compared to the industry average which is at 3.41. LPG pays more dividend than 83.09% of the companies in the same industry.
- LPG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.19% |
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
- LPG pays out 86.98% of its income as dividend. This is not a sustainable payout ratio.
DP86.98%
EPS Next 2Y23.71%
EPS Next 3Y-5.5%
LPG Fundamentals: All Metrics, Ratios and Statistics
31.59
-2.98 (-8.62%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)05-20 2026-05-20/bmo
Inst Owners67.1%
Inst Owner Change2.13%
Ins Owners14%
Ins Owner Change-2.56%
Market Cap1.35B
Revenue(TTM)404.13M
Net Income(TTM)120.74M
Analysts80
Price Target37.99 (20.26%)
Short Float %3.96%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.19% |
Yearly Dividend3.75
Dividend Growth(5Y)N/A
DP86.98%
Div Incr Years0
Div Non Decr Years1
Ex-Date02-09 2026-02-09 (0.7)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.11%
Min EPS beat(2)-7.41%
Max EPS beat(2)1.2%
EPS beat(4)1
Avg EPS beat(4)-33.7%
Min EPS beat(4)-67.19%
Max EPS beat(4)1.2%
EPS beat(8)3
Avg EPS beat(8)-23.02%
EPS beat(12)6
Avg EPS beat(12)-9.67%
EPS beat(16)8
Avg EPS beat(16)-4.35%
Revenue beat(2)1
Avg Revenue beat(2)3.56%
Min Revenue beat(2)-0.09%
Max Revenue beat(2)7.21%
Revenue beat(4)1
Avg Revenue beat(4)-6.4%
Min Revenue beat(4)-22.54%
Max Revenue beat(4)7.21%
Revenue beat(8)2
Avg Revenue beat(8)-5.35%
Revenue beat(12)5
Avg Revenue beat(12)-4.05%
Revenue beat(16)9
Avg Revenue beat(16)-1.26%
PT rev (1m)8.92%
PT rev (3m)9.05%
EPS NQ rev (1m)14.04%
EPS NQ rev (3m)46.45%
EPS NY rev (1m)-3.81%
EPS NY rev (3m)10.7%
Revenue NQ rev (1m)5.62%
Revenue NQ rev (3m)26.03%
Revenue NY rev (1m)2.46%
Revenue NY rev (3m)6.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.74 | ||
| Fwd PE | 9.01 | ||
| P/S | 3.34 | ||
| P/FCF | 9.98 | ||
| P/OCF | 7.58 | ||
| P/B | 1.24 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 7.37 |
EPS(TTM)2.94
EY9.31%
EPS(NY)3.5
Fwd EY11.09%
FCF(TTM)3.16
FCFY10.02%
OCF(TTM)4.17
OCFY13.2%
SpS9.46
BVpS25.4
TBVpS25.4
PEG (NY)0.14
PEG (5Y)N/A
Graham Number40.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.79% | ||
| ROE | 11.12% | ||
| ROCE | 8.73% | ||
| ROIC | 6.89% | ||
| ROICexc | 8.43% | ||
| ROICexgc | 8.43% | ||
| OM | 34.87% | ||
| PM (TTM) | 29.88% | ||
| GM | 85.45% | ||
| FCFM | 33.47% |
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 Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 3.79 | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 59.65% | ||
| Cap/Sales | 10.63% | ||
| Interest Coverage | 5.05 | ||
| Cash Conversion | 83.69% | ||
| Profit Quality | 112.01% | ||
| Current Ratio | 2.41 | ||
| Quick Ratio | 2.4 | ||
| Altman-Z | 2.09 |
F-Score5
WACC7.49%
ROIC/WACC0.92
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)-25.57%
EPS 3Y19.56%
EPS 5Y-1.02%
EPS Q2Q%158.14%
EPS Next Y78.92%
EPS Next 2Y23.71%
EPS Next 3Y-5.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y8.82%
Revenue growth 5Y1.17%
Sales Q2Q%48.72%
Revenue Next Year26.5%
Revenue Next 2Y6.74%
Revenue Next 3Y-2.24%
Revenue Next 5Y3.43%
EBIT growth 1Y-21.84%
EBIT growth 3Y9.8%
EBIT growth 5Y-6.91%
EBIT Next Year110.17%
EBIT Next 3Y7.78%
EBIT Next 5Y11.95%
FCF growth 1Y-49.09%
FCF growth 3Y17.28%
FCF growth 5Y0.67%
OCF growth 1Y-46.38%
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 for LPG stock?
ChartMill assigns a valuation rating of 8 / 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.
What is the valuation of DORIAN LPG LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DORIAN LPG LTD (LPG) is 10.74 and the Price/Book (PB) ratio is 1.24.
What is the earnings growth outlook for DORIAN LPG LTD?
The Earnings per Share (EPS) of DORIAN LPG LTD (LPG) is expected to grow by 78.92% in the next year.