BWLP Stock Analysis: BW G | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 3.678m USD | 12M Return: 114.2% | SGXZ69436764 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.42M
EPS Trend: -59.0%
Qual. Beats: -1
Rev. Trend: 74.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
BW LPG Limited is a Singapore-based investment holding company that engages in ship owning and chartering activities worldwide, operating through Shipping and Product Services segments. The companys core business revolves around the transportation of liquefied petroleum gas (LPG), along with integrated LPG delivery services, wholesale and trade of LPG, and management services for commercial enterprises in the sector. As of the end of 2025, it owned and operated a fleet of 54 vessels, including a significant presence in very large gas carriers (VLGCs) - the specialized ships that form the backbone of seaborne LPG trade.
Founded in 1935 and headquartered in Singapore, BW LPG is classified within the GICS Energy sector, specifically in the Oil & Gas Storage & Transportation sub-industry. The company was formerly known as BW Gas LPG Holding Limited before adopting its current name in September 2013, and it has been listed on the NYSE under the ticker BWLP since early 2014. Its business model is closely tied to global LPG supply chains, where VLGC operators play a critical role in moving propane and butane from major production regions to consumption markets.
- VLGC charter rates rise on strong US LPG export volumes
- India LPG import demand growth supports fleet utilization rates
- Product Services segment margins expand on LPG trading volatility
| Net Income: 441.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA 23.42 > 1.0 |
| NWC/Revenue: 8.39% < 20% (prev 4.75%; Δ 3.64% < -1%) |
| CFO/TA 0.19 > 3% & CFO 645.5m > Net Income 441.3m |
| Net Debt (743.8m) to EBITDA (819.5m): 0.91 < 3 |
| Current Ratio: 1.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (152.3m) vs 12m ago 0.40% < -2% |
| Gross Margin: 22.35% > 18% (prev 13.86%; Δ 8.49% > 0.5%) |
| Asset Turnover: 103.1% > 50% (prev 106.3%; Δ -3.15% > 0%) |
| Interest Coverage Ratio: 12.73 > 6 (EBIT TTM 570.1m / Interest Expense TTM 44.8m) |
| A: 0.09 (Total Current Assets 960.7m - Total Current Liabilities 667.6m) / Total Assets 3.38b |
| B: 0.20 (Retained Earnings 685.7m / Total Assets 3.38b) |
| C: 0.17 (EBIT TTM 570.1m / Avg Total Assets 3.39b) |
| D: 1.44 (Book Value of Equity 1.92b / Total Liabilities 1.33b) |
| Altman-Z'' = 3.87 = AA |
| DSRI: 1.24 (Receivables 432.9m/359.5m, Revenue 3.49b/3.60b) |
| GMI: 0.62 (GM 13.86% / 22.35%) |
| AQI: 0.45 (AQ_t 0.00 / AQ_t-1 0.01) |
| SGI: 0.97 (Revenue 3.49b / 3.60b) |
| TATA: -0.06 (NI 441.3m - CFO 645.5m) / TA 3.38b) |
| Beneish M = -3.53 (Cap -4..+1) = AAA |
As of October 04, 2026, the stock is trading at USD 25.64 with a total of 490,000 shares traded. Over the past week, the price has changed by +5.82%, over one month by +9.65%, over three months by +45.35% and over the past year by +114.20%.
Current recommended Stop Loss: 24.30 (which is 5.2% or 1.7 ATR below the current price).
BW G has no consensus analysts rating.
P/E Trailing = 8.2415
P/E Forward = 14.4718
P/S = 1.0429
P/B = 1.9229
Revenue TTM = 3.49b USD
EBIT TTM = 570.1m USD
EBITDA TTM = 819.5m USD
Long Term Debt = 611.6m USD (from longTermDebt, last quarter)
Short Term Debt = 266.6m USD (from shortTermDebt, last quarter)
Debt = 1.05b USD (from shortLongTermDebtTotal, last quarter) + Leases 118.4m
Net Debt = 743.8m USD (calculated: Debt 1.05b - CCE 305.6m)
Enterprise Value = 4.42b USD (3.68b + Debt 1.05b - CCE 305.6m)
Interest Coverage Ratio = 12.73 (Ebit TTM 570.1m / Interest Expense TTM 44.8m)
EV/FCF = 7.39x (Enterprise Value 4.42b / FCF TTM 598.8m)
FCF Yield = 13.54% (FCF TTM 598.8m / Enterprise Value 4.42b)
FCF Margin = 17.14% (FCF TTM 598.8m / Revenue TTM 3.49b)
Net Margin = 12.63% (Net Income TTM 441.3m / Revenue TTM 3.49b)
Gross Margin = 22.35% ((Revenue TTM 3.49b - Cost of Revenue TTM 2.71b) / Revenue TTM)
Gross Margin QoQ = 20.85% (prev 33.32%)
Tobins Q-Ratio = 1.31 (Enterprise Value 4.42b / Total Assets 3.38b)
Interest Expense / Debt = 4.27% (Interest Expense 44.8m / Debt 1.05b)
Taxrate = 5.40% (28.5m / 528.3m)
NOPAT = 539.3m (EBIT 570.1m * (1 - 5.40%))
Current Ratio = 1.44 (Total Current Assets 960.7m / Total Current Liabilities 667.6m)
Debt / Equity = 0.55 (Debt 1.05b / totalStockholderEquity, last quarter 1.92b)
Debt / EBITDA = 0.91 (Net Debt 743.8m / EBITDA 819.5m)
Debt / FCF = 1.24 (Net Debt 743.8m / FCF TTM 598.8m)
Total Stockholder Equity = 1.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.03% (Net Income 441.3m / Total Assets 3.38b)
RoE = 23.72% (Net Income TTM 441.3m / Total Stockholder Equity 1.86b)
RoCE = 23.06% (EBIT 570.1m / Capital Employed (Equity 1.86b + L.T.Debt 611.6m))
RoIC = 19.21% (NOPAT 539.3m / Invested Capital 2.81b)
WACC = 6.52% (E(3.68b)/V(4.73b) * Re(7.23%) + D(1.05b)/V(4.73b) * Rd(4.27%) * (1-Tc(0.05)))
Discount Rate = 7.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.96 | Cagr: 6.56%
[DCF] Terminal Value 75.44% ; FCFF base≈598.8m ; Y1≈601.2m ; Y5≈636.9m
[DCF] Fair Price = 60.35 (EV 9.91b - Net Debt 743.8m = Equity 9.16b / Shares 151.8m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -58.96 | EPS CAGR: -22.97% | SUE: -1.89 | # QB: -1
Revenue Correlation: 74.15 | Revenue CAGR: 9.33% | SUE: 0.59 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+67.2%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=-42.1%