DORIAN LPG LTD (LPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LPG - MHY2106R1100 - Common Stock
28.21 USD
+1 (+3.68%)
28.21 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to LPG. LPG was compared to 208 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 valued correctly, but it does not seem to be growing.
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.
Each year in the past 5 years LPG has been profitable.
In the past 5 years LPG always reported a positive cash flow from operatings.
1.2 Ratios
LPG has a better Return On Assets (5.33%) than 67.79% of its industry peers.
With a decent Return On Equity value of 8.90%, LPG is doing good in the industry, outperforming 60.58% 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 21.83%.
The 3 year average ROIC (10.02%) for LPG is well above the current ROIC(5.36%). The reason for the recent decline needs to be investigated.
| 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
With an excellent Profit Margin value of 26.02%, LPG belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
In the last couple of years the Profit Margin of LPG has declined.
LPG has a better Operating Margin (30.98%) than 76.92% of its industry peers.
In the last couple of years the Operating Margin of LPG has declined.
LPG has a better Gross Margin (86.18%) 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.
Compared to 1 year ago, LPG has more shares outstanding
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
An Altman-Z score of 1.87 indicates that LPG is not a great score, but indicates only limited risk for bankruptcy at the moment.
LPG has a better Altman-Z score (1.87) than 65.38% 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 Debt to FCF ratio of 5.90. This is in the better half of the industry: LPG outperforms 60.58% 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.
Looking at the Debt to Equity ratio, with a value of 0.44, LPG is in line with its industry, outperforming 53.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 1.87 |
ROIC/WACC0.67
WACC8%
2.3 Liquidity
A Current Ratio of 3.32 indicates that LPG has no problem at all paying its short term obligations.
LPG has a better Current ratio (3.32) than 85.58% 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 86.06% 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%.
Measured over the past years, LPG shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.02% on average per year.
Looking at the last year, LPG shows a very negative growth in Revenue. The Revenue has decreased by -27.21% in the last year.
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
LPG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -16.72% yearly.
LPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.43% yearly.
EPS Next Y61.63%
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
EPS Next 5YN/A
Revenue Next Year20.27%
Revenue Next 2Y2.63%
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 12.48 indicates a correct valuation of LPG.
65.38% of the companies in the same industry are more expensive than LPG, based on the Price/Earnings ratio.
LPG is valuated cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.17, which indicates a very decent valuation of LPG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LPG indicates a somewhat cheap valuation: LPG is cheaper than 75.00% of the companies listed 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 23.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.48 | ||
| Fwd PE | 10.17 |
4.2 Price Multiples
LPG's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, LPG is valued a bit cheaper than the industry average as 65.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.54 | ||
| EV/EBITDA | 7.95 |
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 -16.72% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
5. Dividend
5.1 Amount
LPG has a Yearly Dividend Yield of 9.00%, which is a nice return.
Compared to an average industry Dividend Yield of 3.91, LPG pays a better dividend. On top of this LPG pays more dividend than 86.54% 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 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 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 126.33% of its income as dividend. This is not a sustainable payout ratio.
DP126.33%
EPS Next 2Y10.06%
EPS Next 3Y-16.72%
28.21
+1 (+3.68%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.88%
Inst Owner Change0.18%
Ins Owners14.13%
Ins Owner Change3.78%
Market Cap1.21B
Revenue(TTM)364.83M
Net Income(TTM)94.92M
Analysts77.78
Price Target34.03 (20.63%)
Short Float %4.18%
Short Ratio3.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend3.75
Dividend Growth(5Y)N/A
DP126.33%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)-18.61%
EPS beat(12)7
Avg EPS beat(12)-6.23%
EPS beat(16)8
Avg EPS beat(16)-7.62%
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)-2.34%
PT rev (3m)1.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)0%
EPS NY rev (3m)21.32%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)8.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.48 | ||
| Fwd PE | 10.17 | ||
| P/S | 3.31 | ||
| P/FCF | 13.54 | ||
| P/OCF | 9.93 | ||
| P/B | 1.13 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 7.95 |
EPS(TTM)2.26
EY8.01%
EPS(NY)2.77
Fwd EY9.83%
FCF(TTM)2.08
FCFY7.38%
OCF(TTM)2.84
OCFY10.07%
SpS8.52
BVpS24.9
TBVpS24.9
PEG (NY)0.2
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 | 1.87 |
F-Score5
WACC8%
ROIC/WACC0.67
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 2Y10.06%
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 Year20.27%
Revenue Next 2Y2.63%
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 Year93.48%
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 5 / 10 to LPG.
What is the valuation status for LPG stock?
ChartMill assigns a valuation rating of 6 / 10 to DORIAN LPG LTD (LPG). This can be considered as Fairly Valued.
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 12.48 and the Price/Book (PB) ratio is 1.13.
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 61.63% in the next year.