(BWLP) BW G - Overview

Exchange: NYSE • Country: Singapore • Currency: USD • Type: Common Stock • ISIN: SGXZ69436764

Stock: Bulk Carrier, Vessel Charter, Transportation Services

Total Rating 47
Risk 78
Buy Signal 0.48
Risk 5d forecast
Volatility 41.0%
Relative Tail Risk -5.25%
Reward TTM
Sharpe Ratio 1.60
Alpha 64.42
Character TTM
Beta 1.119
Beta Downside 2.842
Drawdowns 3y
Max DD 54.41%
CAGR/Max DD 1.15

EPS (Earnings per Share)

EPS (Earnings per Share) of BWLP over the last years for every Quarter: "2021-03": 0.5127, "2021-06": 0.1643, "2021-09": 0.2061, "2021-12": 0.456, "2022-03": 0.4172, "2022-06": 0.2637, "2022-09": 0.3196, "2022-12": 0.6888, "2023-03": 0.9523, "2023-06": 0.5882, "2023-09": 0.8546, "2023-12": 1.14, "2024-03": 1.07, "2024-06": 0.5785, "2024-09": 0.7888, "2024-12": 0.2211, "2025-03": 0.3032, "2025-06": 0.2302, "2025-09": 0.3757, "2025-12": 0,

Revenue

Revenue of BWLP over the last years for every Quarter: 2021-03: null, 2021-06: null, 2021-09: 156.533437, 2021-12: 181.311167, 2022-03: 204.076052, 2022-06: 192.696007, 2022-09: 207.198813, 2022-12: 968.46287, 2023-03: 873.571605, 2023-06: 457.737786, 2023-09: 698.712639, 2023-12: 938.041686, 2024-03: 1009.583197, 2024-06: 876.489, 2024-09: 814.577, 2024-12: 843.746, 2025-03: 906.652, 2025-06: 1043.901, 2025-09: 943.763, 2025-12: null,

Description: BWLP BW G February 27, 2026

BW LPG Limited (NYSE: BWLP) is a Singapore-based investment holding company that owns and charters a global fleet of liquefied petroleum gas (LPG) carriers. The business operates through Shipping and Product Services segments, handling LPG transportation, integrated delivery, wholesale trade, and related management services. As of 31 December 2024 the fleet comprised 55 vessels, including 53 Very Large Gas Carriers (VLGCs) – 29 owned outright – plus two large gas carriers on time charter and eight VLGCs owned by its Indian subsidiary.

Recent performance highlights include Q4 2025 EBITDA of $210 million, reflecting a 12 % YoY increase driven by record-high VLGC spot rates that averaged $1,150 / mt for the quarter. Utilization across the VLGC fleet rose to 93 % in 2025, while the company’s net debt-to-EBITDA ratio improved to 2.1× after a $150 million refinancing in early 2025. Sector-wide, Asian LPG demand is projected to grow 4-5 % annually through 2028, supported by expanding residential cooking markets and stricter emissions standards that favor LPG over diesel.

For deeper insight, you might explore ValueRay’s analysis of BWLP.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 169.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -24.69 > 1.0
NWC/Revenue: 6.81% < 20% (prev 6.07%; Δ 0.75% < -1%)
CFO/TA 0.19 > 3% & CFO 626.0m > Net Income 169.0m
Net Debt (799.4m) to EBITDA (510.5m): 1.57 < 3
Current Ratio: 1.47 > 1.5 & < 3
Outstanding Shares: last quarter (151.9m) vs 12m ago 14.47% < -2%
Gross Margin: 11.81% > 18% (prev 0.19%; Δ 1162 % > 0.5%)
Asset Turnover: 127.3% > 50% (prev 143.8%; Δ -16.41% > 0%)
Interest Coverage Ratio: 5.23 > 6 (EBITDA TTM 510.5m / Interest Expense TTM 49.9m)

Altman Z'' 3.01

A: 0.08 (Total Current Assets 796.2m - Total Current Liabilities 541.5m) / Total Assets 3.34b
B: 0.17 (Retained Earnings 558.5m / Total Assets 3.34b)
C: 0.09 (EBIT TTM 261.1m / Avg Total Assets 2.94b)
D: 1.31 (Book Value of Equity 1.84b / Total Liabilities 1.41b)
Altman-Z'' Score: 3.01 = A

Beneish M -2.84

DSRI: 1.00 (Receivables 276.3m/269.7m, Revenue 3.74b/3.64b)
GMI: 1.59 (GM 11.81% / 18.80%)
AQI: 0.62 (AQ_t 0.01 / AQ_t-1 0.02)
SGI: 1.03 (Revenue 3.74b / 3.64b)
TATA: -0.14 (NI 169.0m - CFO 626.0m) / TA 3.34b)
Beneish M-Score: -2.84 (Cap -4..+1) = A

What is the price of BWLP shares?

As of March 04, 2026, the stock is trading at USD 18.41 with a total of 534,540 shares traded.
Over the past week, the price has changed by +6.42%, over one month by +15.50%, over three months by +51.93% and over the past year by +85.76%.

Is BWLP a buy, sell or hold?

BW G has no consensus analysts rating.

What are the forecasts/targets for the BWLP price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -

BWLP Fundamental Data Overview March 01, 2026

P/E Trailing = 16.4234
P/E Forward = 14.3885
P/S = 0.7474
P/B = 1.5115
Revenue TTM = 3.74b USD
EBIT TTM = 261.1m USD
EBITDA TTM = 510.5m USD
Long Term Debt = 801.2m USD (from longTermDebt, last quarter)
Short Term Debt = 227.2m USD (from shortTermDebt, last quarter)
Debt = 1.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 799.4m USD (from netDebt column, last quarter)
Enterprise Value = 3.56b USD (2.76b + Debt 1.09b - CCE 294.7m)
Interest Coverage Ratio = 5.23 (Ebit TTM 261.1m / Interest Expense TTM 49.9m)
EV/FCF = -57.88x (Enterprise Value 3.56b / FCF TTM -61.5m)
FCF Yield = -1.73% (FCF TTM -61.5m / Enterprise Value 3.56b)
FCF Margin = -1.64% (FCF TTM -61.5m / Revenue TTM 3.74b)
Net Margin = 4.52% (Net Income TTM 169.0m / Revenue TTM 3.74b)
Gross Margin = 11.81% ((Revenue TTM 3.74b - Cost of Revenue TTM 3.30b) / Revenue TTM)
Gross Margin QoQ = 16.55% (prev 13.52%)
Tobins Q-Ratio = 1.07 (Enterprise Value 3.56b / Total Assets 3.34b)
Interest Expense / Debt = 1.19% (Interest Expense 12.9m / Debt 1.09b)
Taxrate = 5.82% (3.51m / 60.3m)
NOPAT = 245.9m (EBIT 261.1m * (1 - 5.82%))
Current Ratio = 1.47 (Total Current Assets 796.2m / Total Current Liabilities 541.5m)
Debt / Equity = 0.61 (Debt 1.09b / totalStockholderEquity, last quarter 1.79b)
Debt / EBITDA = 1.57 (Net Debt 799.4m / EBITDA 510.5m)
Debt / FCF = -13.00 (negative FCF - burning cash) (Net Debt 799.4m / FCF TTM -61.5m)
Total Stockholder Equity = 1.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.76% (Net Income 169.0m / Total Assets 3.34b)
RoE = 9.47% (Net Income TTM 169.0m / Total Stockholder Equity 1.78b)
RoCE = 10.10% (EBIT 261.1m / Capital Employed (Equity 1.78b + L.T.Debt 801.2m))
RoIC = 8.94% (NOPAT 245.9m / Invested Capital 2.75b)
WACC = 7.51% (E(2.76b)/V(3.85b) * Re(10.04%) + D(1.09b)/V(3.85b) * Rd(1.19%) * (1-Tc(0.06)))
Discount Rate = 10.04% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.75%
[DCF] Fair Price = unknown (Cash Flow -61.5m)
EPS Correlation: -31.69 | EPS CAGR: -44.95% | SUE: -2.72 | # QB: 0
Revenue Correlation: 79.09 | Revenue CAGR: 55.26% | SUE: N/A | # QB: 0

Additional Sources for BWLP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle