BW LPG Limited(BWLP)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
5-STAR RATING
REGULAR BUY
BUY for 68 days
PROFIT SINCE LAST BUY
+23.89% ▲
LAST CLOSE
$25.57
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for BWLP

10/23/2026: BWLP (5-star) is a STRONG-BUY. BUY for 68 days. Simulated Profits (23.89%). Updated daily EoD!

BW LPG Limited is a major owner and operator of Very Large Gas Carriers (VLGCs), providing essential shipping services for the global LPG market. The company is known for its modern, fuel-efficient fleet, which offers a competitive advantage in a cyclical industry. Its primary investment story rests on the steady growth of global LPG demand and effective capital allocation. Risks include significant exposure to volatile freight rates, global energy cycles, and operational risks inherent in the shipping industry. The stock may suit investors seeking exposure to energy logistics who understand the sector's high cyclicality and focus on monitoring dividend payouts and market trade flows.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely cyclical rather than secular, limiting long-term capital appreciation potential.
Momentum investorStrong fit while signal remains positiveThe stock tends to perform well during periods of high freight rates and positive energy demand trends.
Value investorMixed fitValuation is often tied to volatile asset values and cyclic freight rates rather than traditional book value.
Dividend investorStrong fitThe company often pays substantial dividends during profitable periods in the shipping cycle.
Low-risk investorWeak fitHigh sensitivity to global commodity cycles makes this a high-volatility investment.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighShipping rates fluctuate significantly based on short-term demand and supply imbalances.
Valuation riskMediumMarket pricing can decouple from intrinsic asset values during market downturns.
Competition risk (freight rate competition)Medium / highIntense competition from other VLGC owners can pressure charter rates.
Business qualityMediumWhile the fleet is modern, the business is intrinsically tied to external commodity cycles.
Dividend incomeMedium / highDividends are variable and depend heavily on the profitability of the shipping cycle.
Execution riskMediumMaintaining a large, complex fleet requires high operational efficiency to manage costs.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 81.96%
Avg. Invested days 38
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
BWLP receives a 3-star rating, supported by solid quantitative characteristics. The rating is constrained by soft analyst coverage, and weak price momentum.

Company Fundamentals

★★★★★
BWLP has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 9.7%) is partially offset by negative earnings growth (-25.5%), moderate revenue growth (+9.6%), soft profitability (net margin 6.8%).

Financial Health Rating

★★★★★
BWLP's financial health is supported by solid cash strength, including free-cash-flow generation (9.7% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is BWLP's strongest growth driver at +142.5% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+9.6%, moderate) and earnings growth (-25.5%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 39.4% and approximately 55.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 36.00% supports management-shareholder alignment.

Unit Economics (Per $1K Revenue)

★★★★★
BWLP generates approximately $144 of gross profit, $83 of operating income, and $97 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Soft margins and solid cash conversion support a 3-star rating, while capital efficiency is moderate.

Economic Dimensions

★★★★★
Effective Tax Rate: 4.67%

Quantitative Style Profile

★★★★★
BWLP has a high-quality, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.75B USD
Price to earnings Ratio 8.59
1Y Target Price -
Price to earnings Ratio 8.59
1Y Target Price -
Volume (30-day avg) 430.9K shares
Beta 0.1
52 Weeks Range 10.14 - 26.71
Updated Date 10/23/2026
52 Weeks Range 10.14 - 26.71
Updated Date 10/23/2026
Dividends yield (FY) 10.27%
Basic EPS (TTM) 2.88

How Company Makes Money

Business areaWhat it includesRetail investor read
LPG ShippingTime-charter contracts and spot market voyages for LPG transportation.The company earns money by charging customers to move gas around the world using its ships.
GeographyGlobal routes, primarily US to Asia and Middle East to Asia.Revenue depends heavily on the price difference of gas between major producing and consuming regions.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE 8.59
Forward PE 14.47
Enterprise Value 4.35B
Price to Sales(TTM) 1.06
Enterprise Value 4.35B
Price to Sales(TTM) 1.06
Enterprise Value to Revenue 1.23
Enterprise Value to EBITDA 5.26
Shares Outstanding 151.81M
Shares Floating 84.00M
Shares Outstanding 151.81M
Shares Floating 84.00M
Percent Insiders 36
Percent Institutions 39.4

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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