(LPG) Dorian G - NYSE
Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.692m USD | Total Return: 78% in 12m
Avg Turnover: 30.7M
EPS Trend: -63.1%
Qual. Beats: 1
Rev. Trend: -51.9%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
Rs Leader, Confidence
Dorian LPG Ltd. (NYSE: LPG) is a U.S.-based, pure-play owner-operator of very large gas carriers (VLGCs), transporting liquefied petroleum gas (propane and butane) globally. Founded in 2013 and headquartered in Stamford, Connecticut, the company went public in 2014 and operates a fleet of 28 VLGCs, making it one of the larger independent shippers in the LPG transportation market. As a small-cap energy stock in the Oil & Gas Storage & Transportation sub-industry, Dorian LPGs earnings are closely tied to global LPG seaborne trade volumes, charter rates, and the supply-demand balance for VLGC tonnage, which is heavily influenced by U.S. LPG exports and demand from Asian petrochemical and heating markets.
- VLGC charter rates swing on Asian LPG import demand
- US propane exports surge, boosting tanker shipping volumes
- Fleet expansion adds VLGC capacity, pressuring near-term rates
| Net Income: 193.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 1.53 > 1.0 |
| NWC/Revenue: 58.87% < 20% (prev 77.68%; Δ -18.81% < -1%) |
| CFO/TA 0.11 > 3% & CFO 210.1m > Net Income 193.7m |
| Net Debt (531.0m) to EBITDA (293.1m): 1.81 < 3 |
| Current Ratio: 2.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (42.6m) vs 12m ago -0.35% < -2% |
| Gross Margin: 57.52% > 18% (prev 43.21%; Δ 14.31% > 0.5%) |
| Asset Turnover: 26.19% > 50% (prev 19.87%; Δ 6.33% > 0%) |
| Interest Coverage Ratio: 7.62 > 6 (EBIT TTM 222.9m / Interest Expense TTM 29.2m) |
| A: 0.15 (Total Current Assets 450.3m - Total Current Liabilities 168.8m) / Total Assets 1.87b |
| B: 0.21 (Retained Earnings 400.0m / Total Assets 1.87b) |
| C: 0.12 (EBIT TTM 222.9m / Avg Total Assets 1.83b) |
| D: 1.55 (Book Value of Equity 1.14b / Total Liabilities 732.7m) |
| Altman-Z'' = 4.14 = AA |
| DSRI: 1.48 (Receivables 99.1m/49.4m, Revenue 478.1m/353.3m) |
| GMI: 0.75 (GM 43.21% / 57.52%) |
| AQI: 1.08 (AQ_t 0.03 / AQ_t-1 0.03) |
| SGI: 1.35 (Revenue 478.1m / 353.3m) |
| TATA: -0.01 (NI 193.7m - CFO 210.1m) / TA 1.87b) |
| Beneish M = -2.56 (Cap -4..+1) = A |
As of June 25, 2026, the stock is trading at USD 39.92 with a total of 446,426 shares traded. Over the past week, the price has changed by -3.53%, over one month by -11.05%, over three months by +18.30% and over the past year by +77.99%.
Current recommended Stop Loss: 36.70 (which is 8.1% or 1.8 ATR below the current price).
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
| Analysts Target Price | 51.2 | 28.3% |
P/E Trailing = 8.7137
P/E Forward = 4.7596
P/S = 3.564
P/B = 1.4859
P/EG = -1.02
Revenue TTM = 478.1m USD
EBIT TTM = 222.9m USD
EBITDA TTM = 293.1m USD
Long Term Debt = 460.2m USD (from longTermDebt, last quarter)
Short Term Debt = 147.4m USD (from shortTermDebt, last quarter)
Debt = 858.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 148.7m
Net Debt = 531.0m USD (calculated: Debt 858.4m - CCE 327.4m)
Enterprise Value = 2.22b USD (1.69b + Debt 858.4m - CCE 327.4m)
Interest Coverage Ratio = 7.62 (Ebit TTM 222.9m / Interest Expense TTM 29.2m)
EV/FCF = 11.65x (Enterprise Value 2.22b / FCF TTM 190.8m)
FCF Yield = 8.58% (FCF TTM 190.8m / Enterprise Value 2.22b)
FCF Margin = 39.90% (FCF TTM 190.8m / Revenue TTM 478.1m)
Net Margin = 40.51% (Net Income TTM 193.7m / Revenue TTM 478.1m)
Gross Margin = 57.52% ((Revenue TTM 478.1m - Cost of Revenue TTM 203.1m) / Revenue TTM)
Gross Margin QoQ = 62.98% (prev 51.19%)
Tobins Q-Ratio = 1.19 (Enterprise Value 2.22b / Total Assets 1.87b)
Interest Expense / Debt = 3.41% (Interest Expense 29.2m / Debt 858.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 176.1m (EBIT 222.9m * (1 - 21.00%))
Current Ratio = 2.67 (Total Current Assets 450.3m / Total Current Liabilities 168.8m)
Debt / Equity = 0.75 (Debt 858.4m / totalStockholderEquity, last quarter 1.14b)
Debt / EBITDA = 1.81 (Net Debt 531.0m / EBITDA 293.1m)
Debt / FCF = 2.78 (Net Debt 531.0m / FCF TTM 190.8m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.61% (Net Income 193.7m / Total Assets 1.87b)
RoE = 17.91% (Net Income TTM 193.7m / Total Stockholder Equity 1.08b)
RoCE = 14.46% (EBIT 222.9m / Capital Employed (Equity 1.08b + L.T.Debt 460.2m))
RoIC = 9.64% (NOPAT 176.1m / Invested Capital 1.83b)
WACC = 5.74% (E(1.69b)/V(2.55b) * Re(7.29%) + D(858.4m)/V(2.55b) * Rd(3.41%) * (1-Tc(0.21)))
Discount Rate = 7.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 47.74 | Cagr: 2.26%
[DCF] Terminal Value 77.97% ; FCFF base≈176.1m ; Y1≈201.9m ; Y5≈297.1m
[DCF] Fair Price = 92.08 (EV 4.47b - Net Debt 531.0m = Equity 3.94b / Shares 42.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -63.11 | EPS CAGR: -33.21% | SUE: 4.0 | # QB: 1
Revenue Correlation: -51.93 | Revenue CAGR: -10.43% | SUE: 3.79 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.30 | Chg30d=+64.87% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.31 | Chg30d=+137.44% | Revisions=+20% | Analysts=2
EPS current Year (2027-03-31): EPS=6.29 | Chg30d=+64.75% | Revisions=+33% | GrowthEPS=+37.6% | GrowthRev=+14.2%
EPS next Year (2028-03-31): EPS=3.01 | Chg30d=+48.77% | Revisions=+33% | GrowthEPS=-52.1% | GrowthRev=-28.9%
[Analyst] Revisions Ratio: +33%