BW LPG Limited (BWLP) vs Excelerate Energy, Inc. (EE)

BW LPG Limited and Excelerate Energy, Inc. are both Oil & Gas Midstream companies. BW LPG Limited and Excelerate Energy, Inc. are of similar size ($3.8B and $3.7B). BW LPG Limited trades at the lower P/E: 8.2× against 22.2×. Excelerate Energy, Inc. grew revenue faster over the last twelve months: 49.0% against −0.78%. BW LPG Limited has the higher net margin (12.6% vs 3.23%) and the higher return on invested capital (13.9% vs 6.44%). Across the 20 metrics below, BW LPG Limited leads on 12 and Excelerate Energy, Inc. on 8.

Valuation

Metric BWLP EE Oil & Gas Midstream median
P/E 8.21 22.21 13.19
P/S 1.04 0.71 2.60
P/B 1.79 0.46 2.08
Price to free cash flow 5.33 43.58 10.14
EV/EBITDA 5.09 3.95 8.11
EV/Sales 1.19 1.28 3.89
Earnings yield 12.18% 4.50% 6.83%
Free cash flow yield 18.76% 2.29% 6.94%

Profitability

Metric BWLP EE Oil & Gas Midstream median
Gross margin 25.94% 37.48% 58.81%
Operating margin 16.17% 21.78% 32.14%
Net margin 12.64% 3.23% 21.16%
Free cash flow margin 19.52% 1.64% 10.15%
Return on equity 22.47% 2.15% 11.30%
Return on assets 13.16% 1.16% 5.00%
Return on invested capital 13.88% 6.44% 6.13%

Growth

Metric BWLP EE Oil & Gas Midstream median
Revenue growth (TTM) (0.78%) 48.97% 15.44%
EPS growth (last fiscal year) (39.39%) 0.79% —
Revenue growth, 5-year CAGR — 23.31% 8.96%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric BWLP EE Oil & Gas Midstream median
Debt to equity 0.42 0.53 0.78
Current ratio 1.44 1.80 1.19
Net debt to EBITDA 1.07 1.65 3.42

Dividend

Metric BWLP EE Oil & Gas Midstream median
Dividend yield — 0.57% 7.29%
Payout ratio — 0.09 0.64

Size

Metric BWLP EE Oil & Gas Midstream median
Market cap 3.67b 3.81b 3.61b

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