DORIAN LPG LTD (LPG) Stock Fundamental Analysis
NYSE:LPG • MHY2106R1100
36.16 USD
+1.02 (+2.9%)
At close: Feb 25, 2026
36.16 USD
0 (0%)
After Hours: 2/25/2026, 5:47:43 PM
LPG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 206 industry peers in the Oil, Gas & Consumable Fuels industry. LPG has an excellent financial health rating, but there are some minor concerns on its profitability. LPG is cheap, but on the other hand it scores bad on growth. These ratings would make LPG suitable 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.
- In the past 5 years LPG always reported a positive cash flow from operatings.
1.2 Ratios
- LPG has a Return On Assets of 6.79%. This is in the better half of the industry: LPG outperforms 75.73% of its industry peers.
- The Return On Equity of LPG (11.12%) is better than 65.53% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 6.89%, LPG is in the better half of the industry, outperforming 64.08% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for LPG is significantly below the industry average of 21.96%.
| 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
- LPG has a Profit Margin of 29.88%. This is amongst the best in the industry. LPG outperforms 87.86% of its industry peers.
- LPG's Profit Margin has declined in the last couple of years.
- LPG has a Operating Margin of 34.87%. This is amongst the best in the industry. LPG outperforms 81.55% of its industry peers.
- LPG's Operating Margin has declined in the last couple of years.
- LPG's Gross Margin of 85.45% is amongst the best of the industry. LPG outperforms 93.20% of its industry peers.
- LPG's Gross Margin has declined in the last couple of years.
| 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. 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.
- The debt/assets ratio for LPG has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.22 indicates that LPG is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of LPG (2.22) is better than 68.93% 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.
- The Debt to FCF ratio of LPG (3.79) is better than 70.39% of its industry peers.
- A Debt/Equity ratio of 0.38 indicates that LPG is not too dependend on debt financing.
- LPG's Debt to Equity ratio of 0.38 is in line compared to the rest of the industry. LPG outperforms 55.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 3.79 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.92
WACC7.53%
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.
- LPG has a better Current ratio (2.41) than 80.10% of its industry peers.
- LPG has a Quick Ratio of 2.40. This indicates that LPG is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of LPG (2.40) is better than 81.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
- LPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.57%.
- LPG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.02% yearly.
- The Revenue has decreased by -3.51% in the past 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
- LPG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -19.56% yearly.
- The Revenue is expected to grow by 3.43% on average over the next years.
EPS Next Y86.01%
EPS Next 2Y16.21%
EPS Next 3Y-19.56%
EPS Next 5YN/A
Revenue Next Year25.28%
Revenue Next 2Y8.7%
Revenue Next 3Y-2.02%
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.
- 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 12.30, which indicates a correct valuation of LPG.
- Based on the Price/Earnings ratio, LPG is valued a bit cheaper than 77.67% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.05. LPG is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 11.69, the valuation of LPG can be described as reasonable.
- Based on the Price/Forward Earnings ratio, LPG is valued a bit cheaper than the industry average as 78.64% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of LPG to the average of the S&P500 Index (28.03), we can say LPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 11.69 |
4.2 Price Multiples
- 61.65% of the companies in the same industry are more expensive than LPG, based on the Enterprise Value to EBITDA ratio.
- LPG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. LPG is cheaper than 79.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.43 | ||
| EV/EBITDA | 8.08 |
4.3 Compensation for Growth
- LPG's 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 -19.56% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y16.21%
EPS Next 3Y-19.56%
5. Dividend
5.1 Amount
- LPG has a Yearly Dividend Yield of 6.90%, which is a nice return.
- LPG's Dividend Yield is rather good when compared to the industry average which is at 3.52. LPG pays more dividend than 82.04% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, LPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.9% |
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
- LPG pays out 86.98% of its income as dividend. This is not a sustainable payout ratio.
DP86.98%
EPS Next 2Y16.21%
EPS Next 3Y-19.56%
36.16
+1.02 (+2.9%)
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 Owners65.88%
Inst Owner Change2.11%
Ins Owners14.13%
Ins Owner Change-2.74%
Market Cap1.55B
Revenue(TTM)404.13M
Net Income(TTM)120.74M
Analysts84.44
Price Target34.88 (-3.54%)
Short Float %4.22%
Short Ratio2.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.9% |
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)3.79%
PT rev (3m)0.12%
EPS NQ rev (1m)14.67%
EPS NQ rev (3m)74.36%
EPS NY rev (1m)6.5%
EPS NY rev (3m)34.86%
Revenue NQ rev (1m)8.1%
Revenue NQ rev (3m)29%
Revenue NY rev (1m)1.97%
Revenue NY rev (3m)12.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 11.69 | ||
| P/S | 3.82 | ||
| P/FCF | 11.43 | ||
| P/OCF | 8.67 | ||
| P/B | 1.42 | ||
| P/tB | 1.42 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)2.94
EY8.13%
EPS(NY)3.09
Fwd EY8.55%
FCF(TTM)3.16
FCFY8.75%
OCF(TTM)4.17
OCFY11.53%
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 | 2.22 |
F-Score5
WACC7.53%
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 Y86.01%
EPS Next 2Y16.21%
EPS Next 3Y-19.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y8.82%
Revenue growth 5Y1.17%
Sales Q2Q%48.72%
Revenue Next Year25.28%
Revenue Next 2Y8.7%
Revenue Next 3Y-2.02%
Revenue Next 5Y3.43%
EBIT growth 1Y-21.84%
EBIT growth 3Y9.8%
EBIT growth 5Y-6.91%
EBIT Next Year100.1%
EBIT Next 3Y0.75%
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 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.
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 12.3 and the Price/Book (PB) ratio is 1.42.
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 86.01% in the next year.