Financials Dorian LPG Ltd. London S.E.

Equities

0A8W

MHY2106R1100

Oil & Gas Transportation Services

Market Closed - London S.E. 08:45:29 22/03/2024 pm IST 5-day change 1st Jan Change
38.4 USD -11.76% Intraday chart for Dorian LPG Ltd. -10.36% -11.64%

Valuation

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 470.2 544.7 581.6 804.6 1,561 1,788 - -
Enterprise Value (EV) 1 1,057 1,057 1,008 1,337 1,561 2,174 2,114 1,788
P/E ratio 4.21 x 7.06 x 8.14 x 4.65 x 5.06 x 8.56 x 9.66 x 11.1 x
Yield - - 31.1% 20.1% - 9.93% 7.15% 5.96%
Capitalization / Revenue 1.42 x 1.74 x 2.15 x 2.08 x 2.8 x 3.79 x 4.83 x -
EV / Revenue 3.2 x 3.38 x 3.73 x 3.46 x 2.8 x 4.61 x 5.71 x -
EV / EBITDA 4.6 x 5.71 x 6.38 x 5.11 x 3.82 x 7.29 x 7.83 x 7.18 x
EV / FCF 7.78 x 6.56 x 5.38 x 8.61 x - 9.84 x 11.6 x -
FCF Yield 12.9% 15.2% 18.6% 11.6% - 10.2% 8.61% -
Price to Book 0.45 x 0.58 x 0.63 x 0.92 x - 1.66 x 1.67 x -
Nbr of stocks (in thousands) 53,987 41,482 40,139 40,351 40,593 42,619 - -
Reference price 2 8.710 13.13 14.49 19.94 38.46 41.96 41.96 41.96
Announcement Date 27/05/20 19/05/21 26/05/22 24/05/23 22/05/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 330.2 312.5 269.9 386.1 558 471.5 370.5 -
EBITDA 1 229.6 185.2 157.8 261.8 409.1 298.1 270 249
EBIT 1 161.1 116.1 92.4 198.4 328.8 227.3 153.3 -
Operating Margin 48.78% 37.15% 34.23% 51.37% 58.93% 48.21% 41.39% -
Earnings before Tax (EBT) 1 111.8 92.56 71.94 172.4 307.4 175 124.9 153
Net income 1 111.8 92.56 71.94 172.4 307.4 198.6 124.9 153
Net margin 33.87% 29.62% 26.65% 44.66% 55.09% 42.12% 33.71% -
EPS 2 2.070 1.860 1.780 4.290 7.600 4.904 4.346 3.780
Free Cash Flow 1 135.9 161.1 187.5 155.3 - 221 182 -
FCF margin 41.16% 51.54% 69.46% 40.21% - 46.88% 49.13% -
FCF Conversion (EBITDA) 59.18% 86.98% 118.78% 59.32% - 74.14% 67.4% -
FCF Conversion (Net income) 121.5% 174.02% 260.6% 90.04% - 111.3% 145.71% -
Dividend per Share 2 - - 4.500 4.000 - 4.167 3.000 2.500
Announcement Date 27/05/20 19/05/21 26/05/22 24/05/23 22/05/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 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 2026 Q1
Net sales 1 67.82 78.46 76.05 75.97 102.9 132.6 111.3 143.5 163.1 141 95.09 125.4 144.9 84.6 -
EBITDA 1 38.69 53.37 46.21 44.08 73.45 99.47 74.07 100.4 131.6 103.1 62.64 78.63 89.85 48.56 49
EBIT 1 22.55 37.48 28.95 28.14 57.49 83.78 55.62 80.49 110.3 82.38 34.69 64.67 84.12 24.53 -
Operating Margin 33.25% 47.77% 38.06% 37.04% 55.87% 63.19% 49.99% 56.1% 67.67% 58.42% 36.48% 51.57% 58.08% 29% -
Earnings before Tax (EBT) 1 16.58 35.38 24.85 20.31 51.26 76.02 51.72 76.51 99.97 79.24 36.11 52.2 63.53 22.83 24
Net income 1 16.58 35.38 24.85 20.31 51.26 76.02 51.72 76.51 99.97 79.24 36.11 52.2 63.53 22.83 24
Net margin 24.45% 45.1% 32.67% 26.74% 49.82% 57.33% 46.48% 53.33% 61.31% 56.19% 37.97% 41.63% 43.86% 26.99% -
EPS 2 0.4100 0.8800 0.6200 0.5100 1.270 1.890 1.280 1.890 2.470 1.960 0.8862 1.294 1.571 0.5684 0.6000
Dividend per Share 2 1.000 2.500 1.000 1.000 1.000 1.000 1.000 - 1.000 - 1.167 1.000 1.000 1.000 0.5000
Announcement Date 03/02/22 26/05/22 03/08/22 02/11/22 01/02/23 24/05/23 02/08/23 02/11/23 01/02/24 22/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 587 512 426 532 - 385 326 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.555 x 2.765 x 2.699 x 2.032 x - 1.293 x 1.207 x -
Free Cash Flow 1 136 161 187 155 - 221 182 -
ROE (net income / shareholders' equity) 11.8% 9.62% 7.71% 19.2% - 17.1% 12.2% -
ROA (Net income/ Total Assets) 6.78% 5.69% 4.51% 10.4% - 9.8% 7.1% -
Assets 1 1,649 1,627 1,594 1,658 - 2,026 1,759 -
Book Value Per Share 2 19.20 22.80 22.90 21.60 - 25.30 25.20 -
Cash Flow per Share 2 3.120 3.430 2.940 5.570 - 7.890 - -
Capex 1 20 9.51 23.2 68.8 - 33 16 78
Capex / Sales 6.06% 3.04% 8.59% 17.81% - 7.01% 4.32% -
Announcement Date 27/05/20 19/05/21 26/05/22 24/05/23 22/05/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
41.96 USD
Average target price
43.52 USD
Spread / Average Target
+3.73%
Consensus