DORIAN LPG LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 41.78 USD | +1.21% |
|
+4.97% | -4.76% |
| Apr. 25 | Dorian LPG Ltd. Declares Irregular Cash Dividend, Payable on or about May 30, 2024 | CI |
| Feb. 01 | Transcript : Dorian LPG Ltd., Q3 2024 Earnings Call, Feb 01, 2024 |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 349.6 | 470.2 | 544.7 | 581.6 | 804.6 | 1,696 | - | - |
| Enterprise Value (EV) 1 | 1,015 | 1,057 | 1,057 | 1,008 | 1,337 | 2,116 | 2,079 | 2,004 |
| P/E ratio | -6.9 x | 4.21 x | 7.06 x | 8.14 x | 4.65 x | 5.19 x | 8.37 x | 12.4 x |
| Yield | - | - | - | 31.1% | 20.1% | 10.8% | 9.97% | 7.18% |
| Capitalization / Revenue | 2.24 x | 1.42 x | 1.74 x | 2.15 x | 2.08 x | 2.96 x | 3.78 x | 4.51 x |
| EV / Revenue | 6.49 x | 3.2 x | 3.38 x | 3.73 x | 3.46 x | 3.69 x | 4.64 x | 5.33 x |
| EV / EBITDA | 17.2 x | 4.6 x | 5.71 x | 6.38 x | 5.11 x | 5.07 x | 7.18 x | 7.5 x |
| EV / FCF | 233 x | 7.78 x | 6.56 x | 5.38 x | 8.61 x | 5.73 x | 7.45 x | 11.2 x |
| FCF Yield | 0.43% | 12.9% | 15.2% | 18.6% | 11.6% | 17.4% | 13.4% | 8.91% |
| Price to Book | 0.39 x | 0.45 x | 0.58 x | 0.63 x | 0.92 x | 1.62 x | 1.65 x | 1.61 x |
| Nbr of stocks (in thousands) | 54,452 | 53,987 | 41,482 | 40,139 | 40,351 | 40,593 | - | - |
| Reference price 2 | 6.420 | 8.710 | 13.13 | 14.49 | 19.94 | 41.78 | 41.78 | 41.78 |
| Announcement Date | 5/23/19 | 5/27/20 | 5/19/21 | 5/26/22 | 5/24/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 156.3 | 330.2 | 312.5 | 269.9 | 386.1 | 572.6 | 448.4 | 375.8 |
| EBITDA 1 | 58.93 | 229.6 | 185.2 | 157.8 | 261.8 | 417 | 289.4 | 267.1 |
| EBIT 1 | -7.962 | 161.1 | 116.1 | 92.4 | 198.4 | 353.3 | 233.9 | 164.7 |
| Operating Margin | -5.09% | 48.78% | 37.15% | 34.23% | 51.37% | 61.7% | 52.17% | 43.82% |
| Earnings before Tax (EBT) 1 | -50.95 | 111.8 | 92.56 | 71.94 | 172.4 | 325.2 | 184.1 | 136.5 |
| Net income 1 | -50.95 | 111.8 | 92.56 | 71.94 | 172.4 | 325.2 | 202 | 136.5 |
| Net margin | -32.59% | 33.87% | 29.62% | 26.65% | 44.66% | 56.78% | 45.04% | 36.31% |
| EPS 2 | -0.9300 | 2.070 | 1.860 | 1.780 | 4.290 | 8.053 | 4.992 | 3.375 |
| Free Cash Flow 1 | 4.363 | 135.9 | 161.1 | 187.5 | 155.3 | 369 | 279 | 178.5 |
| FCF margin | 2.79% | 41.16% | 51.54% | 69.46% | 40.21% | 64.44% | 62.22% | 47.5% |
| FCF Conversion (EBITDA) | 7.4% | 59.18% | 86.98% | 118.78% | 59.32% | 88.5% | 96.4% | 66.83% |
| FCF Conversion (Net income) | - | 121.5% | 174.02% | 260.6% | 90.04% | 113.48% | 138.14% | 130.8% |
| Dividend per Share 2 | - | - | - | 4.500 | 4.000 | 4.500 | 4.167 | 3.000 |
| Announcement Date | 5/23/19 | 5/27/20 | 5/19/21 | 5/26/22 | 5/24/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 63.09 | 67.82 | 78.46 | 76.05 | 75.97 | 102.9 | 132.6 | 111.3 | 143.5 | 163.1 | 155.6 | 116 | 107 | 156 | 64 |
| EBITDA 1 | 37.92 | 38.69 | 53.37 | 46.21 | 44.08 | 73.45 | 99.47 | 74.07 | 100.4 | 131.6 | 118.6 | - | - | - | - |
| EBIT 1 | 19.12 | 22.55 | 37.48 | 28.95 | 28.14 | 57.49 | 83.78 | 55.62 | 80.49 | 110.3 | 106.6 | 58.5 | 54.5 | 81 | 36 |
| Operating Margin | 30.3% | 33.25% | 47.77% | 38.06% | 37.04% | 55.87% | 63.19% | 49.99% | 56.1% | 67.67% | 68.51% | 50.43% | 50.93% | 51.92% | 56.25% |
| Earnings before Tax (EBT) 1 | 14.1 | 16.58 | 35.38 | 24.85 | 20.31 | 51.26 | 76.02 | 51.72 | 76.51 | 99.97 | 97.11 | 49.22 | 45.88 | 72.07 | 14.43 |
| Net income 1 | 14.1 | 16.58 | 35.38 | 24.85 | 20.31 | 51.26 | 76.02 | 51.72 | 76.51 | 99.97 | 97.11 | 49.22 | 45.88 | 72.07 | 14.43 |
| Net margin | 22.35% | 24.45% | 45.1% | 32.67% | 26.74% | 49.82% | 57.33% | 46.48% | 53.33% | 61.31% | 62.4% | 42.43% | 42.88% | 46.2% | 22.55% |
| EPS 2 | 0.3500 | 0.4100 | 0.8800 | 0.6200 | 0.5100 | 1.270 | 1.890 | 1.280 | 1.890 | 2.470 | 2.399 | 1.213 | 1.131 | 1.780 | 0.7300 |
| Dividend per Share 2 | - | 1.000 | 2.500 | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | - | 1.000 | 1.375 | 1.250 | 1.000 | 1.000 | 1.000 |
| Announcement Date | 11/3/21 | 2/3/22 | 5/26/22 | 8/3/22 | 11/2/22 | 2/1/23 | 5/24/23 | 8/2/23 | 11/2/23 | 2/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 665 | 587 | 512 | 426 | 532 | 420 | 383 | 308 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 11.29 x | 2.555 x | 2.765 x | 2.699 x | 2.032 x | 1.007 x | 1.324 x | 1.151 x |
| Free Cash Flow 1 | 4.36 | 136 | 161 | 187 | 155 | 369 | 279 | 179 |
| ROE (net income / shareholders' equity) | -4.61% | 11.8% | 9.62% | 7.71% | 19.2% | 34% | 17.6% | 13.8% |
| ROA (Net income/ Total Assets) | -2.57% | 6.78% | 5.69% | 4.51% | 10.4% | 18.5% | 9.8% | 7.3% |
| Assets 1 | 1,985 | 1,649 | 1,627 | 1,594 | 1,658 | 1,758 | 2,061 | 1,869 |
| Book Value Per Share 2 | 16.50 | 19.20 | 22.80 | 22.90 | 21.60 | 25.80 | 25.30 | 25.90 |
| Cash Flow per Share 2 | - | 3.120 | 3.430 | 2.940 | 5.570 | 7.290 | 8.610 | - |
| Capex 1 | 4.02 | 20 | 9.51 | 23.2 | 68.8 | 8.59 | 2.25 | 16 |
| Capex / Sales | 2.57% | 6.06% | 3.04% | 8.59% | 17.81% | 1.5% | 0.5% | 4.26% |
| Announcement Date | 5/23/19 | 5/27/20 | 5/19/21 | 5/26/22 | 5/24/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
41.78
USD
Average target price
41.34
USD
Spread / Average Target
-1.05%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.76% | 1.7B | |
| +20.49% | 9.03B | |
| +18.70% | 5.3B | |
| +19.69% | 3.63B | |
| +21.22% | 2.7B | |
| +36.43% | 2.53B | |
| +17.33% | 1.86B | |
| +2.31% | 1.85B | |
| -10.01% | 1.41B | |
| +49.36% | 1.21B |
- Stock Market
- Equities
- LPG Stock
- Financials Dorian LPG Ltd.
