DORIAN LPG LTD (LPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LPG - MHY2106R1100 - Common Stock
24.96 USD
-0.06 (-0.24%)
25 USD
+0.04 (+0.16%)
Taking everything into account, LPG scores 6 out of 10 in our fundamental rating. LPG was compared to 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. These ratings could make LPG a good candidate for value investing.
1. Profitability
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.
In the past 5 years LPG always reported a positive cash flow from operatings.
1.2 Ratios
LPG has a Return On Assets of 5.33%. This is in the better half of the industry: LPG outperforms 67.46% of its industry peers.
LPG has a better Return On Equity (8.90%) than 60.77% of its industry peers.
With a Return On Invested Capital value of 5.36%, LPG perfoms like the industry average, outperforming 45.45% 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 21.47%.
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
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.
In the last couple of years the Profit Margin of LPG has declined.
The Operating Margin of LPG (30.98%) is better than 76.08% 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 94.26% of its industry peers.
In the last couple of years the Gross Margin of LPG has declined.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LPG is still creating some value.
The number of shares outstanding for LPG has been increased compared to 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
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.
The Altman-Z score of LPG (1.75) is better than 62.20% 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's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. LPG outperforms 52.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.65
WACC8.27%
2.3 Liquidity
A Current Ratio of 3.32 indicates that LPG has no problem at all paying its short term obligations.
LPG's Current ratio of 3.32 is amongst the best of the industry. LPG outperforms 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
The earnings per share for LPG have decreased strongly by -63.19% in the last year.
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.
The Revenue has been growing slightly by 1.17% on average over the past years.
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 -10.42% 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 Y37.93%
EPS Next 2Y-3.65%
EPS Next 3Y-10.42%
EPS Next 5YN/A
Revenue Next Year11.23%
Revenue Next 2Y1.63%
Revenue Next 3Y-1.56%
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. Valuation
4.1 Price/Earnings Ratio
LPG is valuated reasonably with a Price/Earnings ratio of 11.04.
76.56% of the companies in the same industry are more expensive than LPG, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of LPG to the average of the S&P500 Index (26.46), we can say LPG is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.74, the valuation of LPG can be described as very reasonable.
LPG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LPG is cheaper than 66.99% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of LPG to the average of the S&P500 Index (36.10), we can say LPG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 11.74 |
4.2 Price Multiples
LPG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LPG is cheaper than 62.20% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LPG indicates a somewhat cheap valuation: LPG is cheaper than 72.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.98 | ||
| EV/EBITDA | 7.21 |
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.
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 -10.42% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y-3.65%
EPS Next 3Y-10.42%
5. Dividend
5.1 Amount
LPG has a Yearly Dividend Yield of 9.89%, which is a nice return.
Compared to an average industry Dividend Yield of 5.91, LPG pays a better dividend. On top of this LPG pays more dividend than 90.43% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, LPG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
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 2Y-3.65%
EPS Next 3Y-10.42%
24.96
-0.06 (-0.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners66.27%
Inst Owner Change-20.34%
Ins Owners14.24%
Ins Owner Change3.78%
Market Cap1.07B
Revenue(TTM)364.83M
Net Income(TTM)94.92M
Analysts80
Price Target34.84 (39.58%)
Short Float %3.75%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
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)5.82%
EPS NQ rev (1m)4.51%
EPS NQ rev (3m)3.29%
EPS NY rev (1m)3.53%
EPS NY rev (3m)-16.63%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)2.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 11.74 | ||
| P/S | 2.93 | ||
| P/FCF | 11.98 | ||
| P/OCF | 8.79 | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | 7.21 |
EPS(TTM)2.26
EY9.05%
EPS(NY)2.13
Fwd EY8.52%
FCF(TTM)2.08
FCFY8.35%
OCF(TTM)2.84
OCFY11.38%
SpS8.52
BVpS24.9
TBVpS24.9
PEG (NY)0.29
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
WACC8.27%
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 Y37.93%
EPS Next 2Y-3.65%
EPS Next 3Y-10.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-27.21%
Revenue growth 3Y8.82%
Revenue growth 5Y1.17%
Sales Q2Q%50.5%
Revenue Next Year11.23%
Revenue Next 2Y1.63%
Revenue Next 3Y-1.56%
Revenue Next 5Y3.43%
EBIT growth 1Y-57.72%
EBIT growth 3Y9.8%
EBIT growth 5Y-6.91%
EBIT Next Year74.16%
EBIT Next 3Y7.41%
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 11.04 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%.