BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. More Details
Undervalued with adequate balance sheet and pays a dividend.
Share Price & News
How has BWG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWLPG is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BWLPG's weekly volatility (7%) has been stable over the past year.
7 Day Return
NO Oil and Gas
1 Year Return
NO Oil and Gas
Return vs Industry: BWLPG exceeded the Norwegian Oil and Gas industry which returned 28.7% over the past year.
Return vs Market: BWLPG exceeded the Norwegian Market which returned 29.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is BWG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StBWG (OB:BWLPG) Has Gifted Shareholders With A Fantastic 150% Total Return On Their Investment
2 months ago | Simply Wall StBWG (OB:BWLPG) Is Paying Out Less In Dividends Than Last Year
2 months ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In BW LPG Limited's (OB:BWLPG) Shares?
Is BWG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BWLPG (NOK52.05) is trading below our estimate of fair value (NOK151.95)
Significantly Below Fair Value: BWLPG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BWLPG is good value based on its PE Ratio (3.5x) compared to the Norwegian Oil and Gas industry average (4.5x).
PE vs Market: BWLPG is good value based on its PE Ratio (3.5x) compared to the Norwegian market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: BWLPG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BWLPG is good value based on its PB Ratio (0.6x) compared to the NO Oil and Gas industry average (0.9x).
How is BWG forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BWLPG's earnings are forecast to decline over the next 3 years (-18.9% per year).
Earnings vs Market: BWLPG's earnings are forecast to decline over the next 3 years (-18.9% per year).
High Growth Earnings: BWLPG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BWLPG's revenue is expected to decline over the next 3 years (-11.3% per year).
High Growth Revenue: BWLPG's revenue is forecast to decline over the next 3 years (-11.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BWLPG's Return on Equity is forecast to be low in 3 years time (10%).
How has BWG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWLPG has high quality earnings.
Growing Profit Margin: BWLPG's current net profit margins (30.6%) are lower than last year (39.8%).
Past Earnings Growth Analysis
Earnings Trend: BWLPG's earnings have grown significantly by 30% per year over the past 5 years.
Accelerating Growth: BWLPG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BWLPG had negative earnings growth (-38%) over the past year, making it difficult to compare to the Oil and Gas industry average (8.3%).
Return on Equity
High ROE: BWLPG's Return on Equity (18%) is considered low.
How is BWG's financial position?
Financial Position Analysis
Short Term Liabilities: BWLPG's short term assets ($551.0M) exceed its short term liabilities ($251.2M).
Long Term Liabilities: BWLPG's short term assets ($551.0M) do not cover its long term liabilities ($860.4M).
Debt to Equity History and Analysis
Debt Level: BWLPG's debt to equity ratio (63.4%) is considered high.
Reducing Debt: BWLPG's debt to equity ratio has reduced from 65.3% to 63.4% over the past 5 years.
Debt Coverage: BWLPG's debt is well covered by operating cash flow (49%).
Interest Coverage: BWLPG's interest payments on its debt are well covered by EBIT (7x coverage).
What is BWG current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BWLPG's dividend (14.3%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.03%).
High Dividend: BWLPG's dividend (14.3%) is in the top 25% of dividend payers in the Norwegian market (5.32%)
Stability and Growth of Payments
Stable Dividend: BWLPG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BWLPG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.3%), BWLPG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BWLPG's dividends in 3 years are forecast to be covered by earnings (51.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anders Onarheim (62 yo)
Mr. Anders Onarheim serves as Chief Executive Officer at BW LPG Limited since May 20, 2020. He served as Interim Chief Executive Officer at BW LPG Limited since January 01, 2020 until May 20, 2020. Mr. Ona...
Experienced Management: BWLPG's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: BWLPG's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.4%.
BW LPG Limited's company bio, employee growth, exchange listings and data sources
- Name: BW LPG Limited
- Ticker: BWLPG
- Exchange: OB
- Founded: 1935
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: kr7.501b
- Shares outstanding: 144.11m
- Website: https://www.bwlpg.com
Number of Employees
- BW LPG Limited
- 10 Pasir Panjang Road
- No. 17-02, Mapletree Business City
BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. It operates through three segments: Very Large Gas Carriers (VLGCs), Large Gas Carriers (LGCs), and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/22 22:09|
|End of Day Share Price||2021/07/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.