BWG (BWLPG) Stock Overview
An investment holding company, engages in ship owning and chartering activities worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
BWLPG Community Fair Values
Create NarrativeSee what 56 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
NOK 170
FV
11.4% overvalued intrinsic discount37.90%
Revenue growth p.a.
163
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BW LPG Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 189.30 |
| 52 Week High | NOK 194.90 |
| 52 Week Low | NOK 103.10 |
| Beta | 0.071 |
| 1 Month Change | 11.09% |
| 3 Month Change | 19.13% |
| 1 Year Change | 56.06% |
| 3 Year Change | 103.88% |
| 5 Year Change | 161.28% |
| Change since IPO | 283.98% |
Recent News & Updates
Narrative Update • May 03
BWLPG: Future Dividends And Charter Coverage Will Balance Softer Shipping Sentiment
BWG's updated analyst price target rises from NOK 162 to NOK 177, reflecting analysts' slightly higher fair value, a small improvement in expected revenue trends and margins, and a modestly higher assumed future P/E multiple. Analyst Commentary Recent Street research on BWG shows a mixed stance, with some analysts raising their fair value estimates while others turn more cautious on the shipping cycle and demand outlook.Narrative Update • Apr 18
BWLPG: Future Dividends And Charter Coverage Will Offset Softer Shipping Sentiment
Analysts have reduced their price target for BWG to around NOK 162 from roughly NOK 188. This reflects a softer shipping outlook, lower expected profit margins and a more conservative future P/E assumption following recent downgrades to Hold and Sell.Recent updates
Narrative Update • May 03
BWLPG: Future Dividends And Charter Coverage Will Balance Softer Shipping Sentiment
BWG's updated analyst price target rises from NOK 162 to NOK 177, reflecting analysts' slightly higher fair value, a small improvement in expected revenue trends and margins, and a modestly higher assumed future P/E multiple. Analyst Commentary Recent Street research on BWG shows a mixed stance, with some analysts raising their fair value estimates while others turn more cautious on the shipping cycle and demand outlook.Narrative Update • Apr 18
BWLPG: Future Dividends And Charter Coverage Will Offset Softer Shipping Sentiment
Analysts have reduced their price target for BWG to around NOK 162 from roughly NOK 188. This reflects a softer shipping outlook, lower expected profit margins and a more conservative future P/E assumption following recent downgrades to Hold and Sell.Narrative Update • Mar 05
BWLPG: Future Dividends And Charter Coverage Will Support Balanced Return Potential
Analysts now set their price target for BWG at about NOK188, up from roughly NOK167. This reflects updated views on fair value, discount rate, revenue trends, profit margins and future P/E assumptions.Narrative Update • Feb 11
BWLPG: Future Dividends And Charter Coverage Will Support Balanced Return Potential
Narrative Update on BWG The analyst price target for BWG has shifted from NOK160 to roughly NOK167. Analysts point to refreshed fair value estimates, a slightly higher discount rate, modestly adjusted revenue expectations, and a marginally lower assumed profit margin and future P/E as the main drivers of the change.
New Narrative • Feb 06
Longer Trade Routes And Firm LPG Exports Will Support Stronger Earnings Potential
Catalysts About BWG BW LPG operates a global fleet of VLGC vessels that transport liquefied petroleum gas such as propane and butane from export hubs to demand centers worldwide. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 27
BWLPG: 2025 Cash Dividend And Higher Multiple Assumptions Will Support Returns
Analysts have raised their price target on BWG from US$146.07 to US$159.75, citing updated assumptions for discount rates, revenue trends, profit margins, and a slightly higher future P/E multiple. What's in the News BWG has approved a cash dividend of US$0.40 per share for the third quarter of 2025, with an equivalent dividend of NOK 4.0474 per share for shares registered with Euronext VPS (Key Developments).Narrative Update • Jan 12
BWLPG: Upcoming 2025 Dividend Payouts Will Support Steady Future Returns
Analysts have made a small upward adjustment to their price target for BWG to reflect a slightly higher fair value estimate of $146.07. This is underpinned by a modestly lower discount rate and a marginally higher assumed future P/E of 17.10, while revenue growth and profit margin assumptions remain effectively unchanged.Analysis Article • Jan 01
Investors Could Be Concerned With BWG's (OB:BWLPG) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Narrative Update • Dec 14
BWLPG: Dividend Payouts Will Drive Attractive Future Shareholder Returns
Analysts have reduced their price target for BWG by approximately $18 per share. This reflects slightly higher discount rate assumptions, a more cautious view on revenue growth, and meaningfully lower long term profit margin expectations, partly offset by a higher anticipated future P/E multiple.Narrative Update • Nov 28
BWLPG: Dividend Outlook Will Support Shareholder Returns Amid Stable Margins
Analysts have slightly lowered their price target for BWG, revising it from $164.21 to $163.88 based on updated forecasts and valuation metrics. Valuation Changes Fair Value: Decreased marginally from NOK 164.21 to NOK 163.88.Narrative Update • Nov 14
BWLPG Dividend Outlook Will Support Shareholder Returns Amid Stable Margins
Narrative Update on BWG: Analyst Price Target Adjustment Analysts have raised their price target for BWG from NOK 163.62 to NOK 164.21. This change reflects updated risk and reward assessments in light of recent market developments.Narrative Update • Oct 30
BWLPG: Earnings Stability And Dividend Will Support Shares In Coming Months
The analyst price target for BWG has increased slightly from NOK 163.39 to NOK 163.62. This reflects analysts' view that the risk and reward are now balanced at current share prices.Analysis Article • Oct 26
These 4 Measures Indicate That BWG (OB:BWLPG) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Oct 16
VLGC Fleet Upgrades May Reduce Costs Despite Revenue Decline Forecasts
Narrative Update: BWG Analyst Price Target Revised Analysts have lowered their price target for BWG from NOK 171.23 to NOK 163.39, citing a more balanced risk/reward outlook at current share levels. Analyst Commentary Recent street research offers a balanced view on BWG, with both positive and cautious perspectives factoring into updated valuations and recommendations.Analysis Article • Sep 23
BWG (OB:BWLPG) Could Be Struggling To Allocate Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Narrative Update • Sep 16
VLGC Fleet Upgrades May Reduce Costs Despite Revenue Decline Forecasts
BWG's consensus price target has increased modestly, despite a sharp rise in its Future P/E ratio and a decline in net profit margin, suggesting higher growth expectations are offsetting profitability concerns; the new fair value is NOK171.23. What's in the News BW LPG Limited Board approved a cash dividend of USD 0.22 per share for Q2 2025, representing a decrease in dividend.Analysis Article • Sep 06
BWG's (OB:BWLPG) Shareholders Have More To Worry About Than Only Soft Earnings
A lackluster earnings announcement from BW LPG Limited ( OB:BWLPG ) last week didn't sink the stock price. We think...Analysis Article • Aug 22
Lacklustre Performance Is Driving BW LPG Limited's (OB:BWLPG) Low P/E
When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") above 14x, you may consider BW...Analysis Article • Jul 23
Is BWG (OB:BWLPG) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jun 21
BWG's (OB:BWLPG) Returns On Capital Tell Us There Is Reason To Feel Uneasy
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Analysis Article • May 13
Benign Growth For BW LPG Limited (OB:BWLPG) Underpins Its Share Price
BW LPG Limited's ( OB:BWLPG ) price-to-earnings (or "P/E") ratio of 4.7x might make it look like a strong buy right now...New Narrative • Apr 26
BWG Will Witness 5.5% Annual Trade Growth in 2025-26 Driven by US and Middle East Exports
Tillväxten i flottan sjunker, tillväxten i handeln stigerQ4-siffrorna var bättre än väntat tack vare lägre kostnader. Vi anser att utsikterna för LPG-handeln är starka med en förväntad handelstillväxtAnalysis Article • Apr 09
Is BWG (OB:BWLPG) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 07
BWG's (OB:BWLPG) Weak Earnings May Only Reveal A Part Of The Whole Picture
BW LPG Limited's ( OB:BWLPG ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests that...
New Narrative • Feb 12
Acquisition Of Avance Gas Ships Will Expand Fleet But Leverage Increase May Pressure Margins
Fleet expansion and refinancing boost financial flexibility, enabling growth opportunities and improved financial management.Analysis Article • Jan 17
There's No Escaping BW LPG Limited's (OB:BWLPG) Muted Earnings Despite A 28% Share Price Rise
Those holding BW LPG Limited ( OB:BWLPG ) shares would be relieved that the share price has rebounded 28% in the last...Analysis Article • Jan 10
BWG (OB:BWLPG) Is Very Good At Capital Allocation
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Jun 13
BWG (OB:BWLPG) Is Achieving High Returns On Its Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • May 28
We Think BWG (OB:BWLPG) Can Manage Its Debt With Ease
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • May 10
Does BWG (OB:BWLPG) Deserve A Spot On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Apr 25
BW LPG Limited's (OB:BWLPG) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
BW LPG Limited ( OB:BWLPG ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...Analysis Article • Mar 01
Investors Shouldn't Overlook BWG's (OB:BWLPG) Impressive Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Jan 30
Why Investors Shouldn't Be Surprised By BW LPG Limited's (OB:BWLPG) Low P/E
With a price-to-earnings (or "P/E") ratio of 4.4x BW LPG Limited ( OB:BWLPG ) may be sending very bullish signals at...Shareholder Returns
| BWLPG | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | 1.0% | 2.3% | 0.5% |
| 1Y | 56.1% | 42.2% | 19.2% |
Return vs Industry: BWLPG exceeded the Norwegian Oil and Gas industry which returned 43.5% over the past year.
Return vs Market: BWLPG exceeded the Norwegian Market which returned 21.3% over the past year.
Price Volatility
| BWLPG volatility | |
|---|---|
| BWLPG Average Weekly Movement | 6.9% |
| Oil and Gas Industry Average Movement | 7.1% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in NO Market | 11.8% |
| 10% least volatile stocks in NO Market | 3.3% |
Stable Share Price: BWLPG has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: BWLPG's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1935 | 1,444 | Kristian Sorensen | www.bwlpg.com |
BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. It operates through Shipping and Product Services segments. The company engages in the transportation of liquefied petroleum gas (LPG); provision of integrated LPG delivery services, as well as management services; wholesale and trade of LPG; and investment in commercial enterprises.
BW LPG Limited Fundamentals Summary
| BWLPG fundamental statistics | |
|---|---|
| Market cap | NOK 28.74b |
| Earnings (TTM) | NOK 2.24b |
| Revenue (TTM) | NOK 33.07b |
12.8x
P/E Ratio0.9x
P/S RatioIs BWLPG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BWLPG income statement (TTM) | |
|---|---|
| Revenue | US$3.58b |
| Cost of Revenue | US$2.95b |
| Gross Profit | US$630.79m |
| Other Expenses | US$388.48m |
| Earnings | US$242.31m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jun 02, 2026
| Earnings per share (EPS) | 1.60 |
| Gross Margin | 17.61% |
| Net Profit Margin | 6.76% |
| Debt/Equity Ratio | 44.3% |
How did BWLPG perform over the long term?
See historical performance and comparisonDividends
7.2%
Current Dividend Yield92%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/15 07:35 |
| End of Day Share Price | 2026/05/13 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
BW LPG Limited is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Mark Andrew Falzon Manduca | BofA Global Research |
| Anders-Redigh Karlsen | Danske Bank |