(LPG) Dorian G - Overview

Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.747m USD | Total Return: 86.8% in 12m

LPG Transportation, Gas Carriers, Maritime Shipping
Total Rating 58
Safety 69
Buy Signal 1.26
Oil & Gas Midstream
Industry Rotation: +24.2
Market Cap: 1.75B
Avg Turnover: 17.5M
Risk 3d forecast
Volatility37.1%
VaR 5th Pctl6.60%
VaR vs Median7.80%
Reward TTM
Sharpe Ratio1.72
Rel. Str. IBD86.1
Rel. Str. Peer Group74.5
Character TTM
Beta0.513
Beta Downside0.595
Hurst Exponent0.639
Drawdowns 3y
Max DD62.89%
CAGR/Max DD0.52
CAGR/Mean DD1.24
EPS (Earnings per Share) EPS (Earnings per Share) of LPG over the last years for every Quarter: "2021-03": 0.86, "2021-06": 0.13, "2021-09": 0.25, "2021-12": 0.34, "2022-03": 0.62, "2022-06": 0.56, "2022-09": 0.43, "2022-12": 1.29, "2023-03": 1.94, "2023-06": 1.21, "2023-09": 1.85, "2023-12": 2.62, "2024-03": 1.91, "2024-06": 1.26, "2024-09": 0.35, "2024-12": 0.43, "2025-03": 0.25, "2025-06": 0.27, "2025-09": 1.31, "2025-12": 1.11,
EPS CAGR: 16.80%
EPS Trend: -16.8%
Last SUE: -0.33
Qual. Beats: 0
Revenue Revenue of LPG over the last years for every Quarter: 2021-03: 99.584187, 2021-06: 62.950738, 2021-09: 63.086858, 2021-12: 68.599782, 2022-03: 79.58407, 2022-06: 76.823722, 2022-09: 75.968187, 2022-12: 103.322256, 2023-03: 133.63505, 2023-06: 111.562907, 2023-09: 144.698462, 2023-12: 163.064503, 2024-03: 141.391564, 2024-06: 114.353042, 2024-09: 82.43348, 2024-12: 80.666779, 2025-03: 75.888175, 2025-06: 84.211966, 2025-09: 120.627086, 2025-12: 119.964287,
Rev. CAGR: 11.56%
Rev. Trend: 12.3%
Last SUE: 0.76
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

Tailwind, Pullback 52w, Confidence

Description: LPG Dorian G

Dorian LPG Ltd. is a maritime logistics company specializing in the international transportation of liquefied petroleum gas (LPG). Headquartered in Stamford, Connecticut, the firm owns and operates a fleet of twenty-five Very Large Gas Carriers (VLGCs), which are specialized vessels designed to transport propane and butane over long distances. The company operates within the Oil & Gas Storage & Transportation sub-industry, serving global energy markets since its incorporation in 2013.

The VLGC sector is characterized by a high barrier to entry due to the significant capital expenditure required for vessel construction and the specialized technical expertise needed for cryogenic cargo handling. LPG demand is often driven by residential heating and cooking needs in emerging markets, as well as feedstock requirements for the petrochemical industry. Investors may find more granular financial metrics and peer comparisons by exploring the data on ValueRay. As a pure-play VLGC operator, Dorian LPG’s revenue is primarily influenced by spot market charter rates and global arbitrage opportunities between major export hubs and demand centers.

Headlines to Watch Out For
  • Global LPG arbitrage spreads drive VLGC spot market freight rates
  • High fleet utilization rates sustain dividend payouts and share buybacks
  • Panama Canal transit restrictions impact global fleet supply and pricing
  • IMO 2030 compliance costs and carbon intensity regulations affect operational margins
  • US propane production growth increases export demand for long-haul shipping routes
Piotroski VR‑10 (Strict) 5.5
Net Income: 120.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA -4.27 > 1.0
NWC/Revenue: 57.36% < 20% (prev 74.14%; Δ -16.78% < -1%)
CFO/TA 0.10 > 3% & CFO 178.2m > Net Income 120.7m
Net Debt (491.8m) to EBITDA (215.2m): 2.28 < 3
Current Ratio: 2.41 > 1.5 & < 3
Outstanding Shares: last quarter (42.6m) vs 12m ago 0.01% < -2%
Gross Margin: 50.11% > 18% (prev 0.53%; Δ 4.96k% > 0.5%)
Asset Turnover: 22.27% > 50% (prev 23.01%; Δ -0.74% > 0%)
Interest Coverage Ratio: 4.77 > 6 (EBITDA TTM 215.2m / Interest Expense TTM 30.4m)
Altman Z'' 2.56
A: 0.13 (Total Current Assets 392.3m - Total Current Liabilities 162.5m) / Total Assets 1.78b
B: 0.20 (Retained Earnings 348.9m / Total Assets 1.78b)
C: 0.08 (EBIT TTM 144.9m / Avg Total Assets 1.80b)
D: 0.50 (Book Value of Equity 349.5m / Total Liabilities 692.1m)
Altman-Z'' Score: 2.56 = A
Beneish M -2.89
DSRI: 1.03 (Receivables 73.3m/74.6m, Revenue 400.7m/418.8m)
GMI: 1.05 (GM 50.11% / 52.68%)
AQI: 1.21 (AQ_t 0.03 / AQ_t-1 0.03)
SGI: 0.96 (Revenue 400.7m / 418.8m)
TATA: -0.03 (NI 120.7m - CFO 178.2m) / TA 1.78b)
Beneish M-Score: -2.89 (Cap -4..+1) = A
What is the price of LPG shares? As of May 18, 2026, the stock is trading at USD 40.87 with a total of 601,880 shares traded.
Over the past week, the price has changed by +1.44%, over one month by +12.71%, over three months by +19.57% and over the past year by +86.82%.
Is LPG a buy, sell or hold? Dorian G has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy LPG.
  • StrongBuy: 3
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the LPG price?
Analysts Target Price 37.6 -8%
Dorian G (LPG) - Fundamental Data Overview as of 17 May 2026
P/E Trailing = 14.4417
P/E Forward = 7.837
P/S = 4.4007
P/B = 1.5863
P/EG = -1.02
Revenue TTM = 400.7m USD
EBIT TTM = 144.9m USD
EBITDA TTM = 215.2m USD
Long Term Debt = 415.4m USD (from longTermDebt, last quarter)
Short Term Debt = 145.6m USD (from shortTermDebt, last quarter)
Debt = 786.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 491.8m USD (from netDebt column, last quarter)
Enterprise Value = 2.24b USD (1.75b + Debt 786.3m - CCE 294.5m)
Interest Coverage Ratio = 4.77 (Ebit TTM 144.9m / Interest Expense TTM 30.4m)
EV/FCF = 13.57x (Enterprise Value 2.24b / FCF TTM 164.9m)
FCF Yield = 7.37% (FCF TTM 164.9m / Enterprise Value 2.24b)
FCF Margin = 41.16% (FCF TTM 164.9m / Revenue TTM 400.7m)
Net Margin = 30.13% (Net Income TTM 120.7m / Revenue TTM 400.7m)
Gross Margin = 50.11% ((Revenue TTM 400.7m - Cost of Revenue TTM 199.9m) / Revenue TTM)
Gross Margin QoQ = 51.19% (prev 70.63%)
Tobins Q-Ratio = 1.26 (Enterprise Value 2.24b / Total Assets 1.78b)
Interest Expense / Debt = 0.90% (Interest Expense 7.07m / Debt 786.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = 114.4m (EBIT 144.9m * (1 - 21.00%))
Current Ratio = 2.41 (Total Current Assets 392.3m / Total Current Liabilities 162.5m)
Debt / Equity = 0.72 (Debt 786.3m / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = 2.28 (Net Debt 491.8m / EBITDA 215.2m)
Debt / FCF = 2.98 (Net Debt 491.8m / FCF TTM 164.9m)
Total Stockholder Equity = 1.06b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.71% (Net Income 120.7m / Total Assets 1.78b)
RoE = 11.41% (Net Income TTM 120.7m / Total Stockholder Equity 1.06b)
RoCE = 9.83% (EBIT 144.9m / Capital Employed (Equity 1.06b + L.T.Debt 415.4m))
RoIC = 7.19% (NOPAT 114.4m / Invested Capital 1.59b)
WACC = 5.59% (E(1.75b)/V(2.53b) * Re(7.79%) + D(786.3m)/V(2.53b) * Rd(0.90%) * (1-Tc(0.21)))
Discount Rate = 7.79% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 67.42 | Cagr: 2.38%
[DCF] Terminal Value 88.44% ; FCFF base≈197.5m ; Y1≈243.7m ; Y5≈415.8m
[DCF] Fair Price = 270.7 (EV 12.06b - Net Debt 491.8m = Equity 11.57b / Shares 42.7m; r=6.0% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -16.82 | EPS CAGR: 16.80% | SUE: -0.33 | # QB: 0
Revenue Correlation: 12.34 | Revenue CAGR: 11.56% | SUE: 0.76 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.40 | Chg30d=+42.35% | Revisions=+20% | Analysts=2
[Analyst] Revisions Ratio: +20%