BWLLF Stock Financial Analysis - BW LPG Limited (OTCPK) Stock

Overview

BW LPG Limited, headquartered in Singapore, is renowned as the world's largest owner and operator of very large gas carriers (VLGCs) that transport liquefied petroleum gas (LPG). The company, which operates within the energy sector, specifically focuses on midstream logistics, providing maritime transportation for LPG across international waters. BW LPG owns and manages a substantial fleet, ensuring global coverage and operational excellence. Key projects include pioneering initiatives in LPG propulsion technology, which significantly reduce greenhouse gas emissions from their fleet. This initiative showcases the company's commitment to sustainability while maintaining a competitive edge in LPG shipping and transportation services. Their operational strategy, underpinned by technical innovation and environmental consciousness, positions BW LPG as a leader in the energy logistics sphere.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for BW LPG Limited as of March 31, 2025 is 3,387.33 MM.
The operating income for BW LPG Limited as of March 31, 2025 is 321.64 MM.
The net income for BW LPG Limited as of March 31, 2025 is 258.46 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-03-31	3,387.33	321.64	258.46
2024-12-31	3,563.75	411.34	354.30
2024-09-30	3,601.81	542.45	474.90
2024-06-30	3,510.24	532.12	483.20
2024-03-31	3,092.71	496.85	484.66
2023-12-31	2,947.34	482.04	469.96
2023-09-30	2,606.12	400.53	410.36
2023-06-30	2,222.25	325.98	340.75
2023-03-31	2,159.99	316.29	298.30
2022-12-31	1,558.12	247.67	227.40
2022-09-30	1,754.42	189.27	197.96
2022-06-30	1,581.20	162.38	183.09
2022-03-31	1,327.20	133.68	169.97
2021-12-31	1,241.36	154.48	184.82
2021-09-30	694.28	177.08	198.97
2021-06-30	689.52	178.23	195.06
2021-03-31	766.77	237.09	234.42
2020-12-31	811.73	251.35	243.85
2020-09-30	882.73	312.34	321.00

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30

Cash Flow: Operations, Investing, Financing

The cash from operating activities for BW LPG Limited as of March 31, 2025 is 509.81 MM.
The cash from investing activities for BW LPG Limited as of March 31, 2025 is -589.12 MM.
The cash from financing activities for BW LPG Limited as of March 31, 2025 is 26.85 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-03-31	509.81	-589.12	26.85
2024-12-31	749.14	-541.21	-138.07
2024-09-30	675.48	-61.95	-650.12
2024-06-30	698.05	17.37	-737.90
2024-03-31	793.77	60.80	-836.30
2023-12-31	513.36	68.57	-645.29
2023-09-30	644.55	92.74	-664.64
2023-06-30	629.32	87.99	-627.82
2023-03-31	466.05	75.37	-598.33
2022-12-31	505.30	112.55	-522.10
2022-09-30	231.96	151.30	-388.96
2022-06-30	233.09	202.88	-403.73
2022-03-31	315.31	203.48	-236.65
2021-12-31	307.30	75.72	-309.73
2021-09-30	311.05	18.34	-302.07
2021-06-30	336.88	-19.95	-266.46
2021-03-31	404.05	-70.27	-442.02
2020-12-31	397.75	-2.12	-432.81
2020-09-30	500.42	66.54	-513.64

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for BW LPG Limited as of March 31, 2025 is 5.99.
The p/book for BW LPG Limited as of March 31, 2025 is 1.09.
The p/tbv for BW LPG Limited as of March 31, 2025 is 1.10.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-03-31	5.99	1.09	1.10
2024-12-31
2024-09-30	3.90	1.13	1.22
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31	8.26	1.49	1.49
2020-12-31	7.93	1.54	1.55
2020-09-30	6.04	1.62	1.63

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for BW LPG Limited as of March 31, 2025 is 0.15.
The ebit (3y)/ev for BW LPG Limited as of March 31, 2025 is 0.14.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-03-31	0.15	0.14
2024-12-31
2024-09-30	0.27	0.16
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31	0.09	0.06
2020-12-31	0.09	0.06
2020-09-30	0.12	0.04

Management Effectiveness

The roa for BW LPG Limited as of March 31, 2025 is 0.15.
The roe for BW LPG Limited as of March 31, 2025 is 0.21.
The roic for BW LPG Limited as of March 31, 2025 is 0.11.
The croic for BW LPG Limited as of March 31, 2025 is 0.02.
The ocroic for BW LPG Limited as of March 31, 2025 is 0.24.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-03-31	0.15	0.21	0.11	0.02	0.24
2024-12-31	0.14	0.22	0.11	0.02	0.23
2024-09-30	0.20	0.31	0.21	-0.02	0.30
2024-06-30		0.30
2024-03-31		0.30
2023-12-31			0.24	0.04
2023-09-30			0.20	0.05
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31		0.00
2021-12-31		0.00
2021-09-30	0.00	0.00
2021-06-30	0.08		0.19	0.05	0.32
2021-03-31	0.09	0.20	0.10	-0.05	0.17
2020-12-31	0.10	0.21	0.11	-0.02	0.17
2020-09-30	0.13	0.30	0.14	0.02	0.22

Gross Margins

The gross margin for BW LPG Limited as of March 31, 2025 is 0.19.
The net margin for BW LPG Limited as of March 31, 2025 is 0.08.
The operating margin for BW LPG Limited as of March 31, 2025 is 0.09.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-03-31	0.19	0.08	0.09
2024-12-31	0.19	0.10	0.12
2024-09-30	0.22	0.13	0.15
2024-06-30	0.25	0.16	0.16
2024-03-31
2023-12-31
2023-09-30		0.15	0.14
2023-06-30		0.15	0.14
2023-03-31		0.14	0.15
2022-12-31
2022-09-30
2022-06-30		0.00	0.00
2022-03-31		0.00	0.00
2021-12-31		0.00	0.00
2021-09-30
2021-06-30
2021-03-31	0.54	0.31	0.31
2020-12-31	0.52	0.30	0.31
2020-09-30	0.55	0.36	0.35

US:BWLP	$15.26
NO:BWLPG
GB:0QIX	NOK157.30
DE:1PE	€12.75
GB:BWLPGO